Machino Plastics FY26 net profit falls 85% on higher costs

1 min read     Updated on 01 Jun 2026, 12:57 PM
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Anirudha BScanX News Team
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Machino Plastics Limited reported an 85% decline in net profit to ₹132.26 lakh for FY26, despite a 27% rise in revenue to ₹4,921.56 crore. Total expenses increased significantly due to higher material and employee costs, while finance costs also rose. The board approved the audited results on May 30, 2026, and confirmed the trading window closure compliance.

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Machino Plastics Limited reported an 85% decline in net profit to ₹132.26 lakh for the financial year ended March 31, 2026, despite a 27% increase in revenue from operations to ₹4,921.56 crore. The company's board approved the audited financial results for FY26 on May 30, 2026, with the statutory auditors expressing an unmodified opinion on the financial statements.

Revenue for the year was driven primarily by the Plastic Injection Moulding Parts segment, which contributed ₹4,347.05 crore, while the Moulds & Dies segment added ₹574.52 crore. However, total expenses for the year rose to ₹4,897.18 crore, up from ₹3,776.50 crore in the previous year, impacted by higher costs of materials consumed and employee benefit expenses. Finance costs also increased to ₹185.15 crore from ₹116.45 crore in FY25.

For the quarter ended March 31, 2026, the company reported a net profit of ₹25.01 lakh, a significant decrease from ₹350.47 lakh in the same quarter of the previous year. Quarterly revenue from operations stood at ₹1,434.09 crore, compared to ₹1,071.55 crore in the corresponding period last year. The board meeting, conducted via video conferencing, also reviewed the company's performance and approved the closure of the trading window, which had been shut since April 1, 2026, in compliance with SEBI regulations.

Financial Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 4,921.56 3,887.43
Total Expenses 4,897.18 3,776.50
Profit for the Period 132.26 855.61
Basic EPS (₹) 2.16 13.94

The statutory auditors, M/s KMGS & Associates, confirmed in their report that the company has adequate internal financial controls over financial reporting and that no material frauds were noticed during the audit. The auditors also noted that the company revalued its freehold land during the year, resulting in an increase of ₹9,683.06 lakh in its value. The trading window is scheduled to reopen on June 1, 2026.

Historical Stock Returns for Machino Plastics

1 Day5 Days1 Month6 Months1 Year5 Years
+10.23%+13.99%+13.76%-8.98%+6.87%+111.06%

What specific strategies will management implement to curb the rising material and employee costs that eroded profit margins?

How does the company plan to manage its increased finance costs, and will debt restructuring be a priority in the coming year?

Will the revaluation of freehold land result in any changes to the company's dividend policy or capital allocation strategy?

Machino Plastics Announces Transfer of Unclaimed Dividend Shares to IEPF Authority for FY 2018-19

3 min read     Updated on 18 May 2026, 06:43 PM
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Machino Plastics Ltd has issued a public notice for the compulsory transfer of equity shares linked to unclaimed dividends for FY 2018-19 to the IEPF Authority, in compliance with Section 124(6) of the Companies Act, 2013 and the IEPF Rules, 2016. Shareholders who have not claimed their dividends are urged to contact the company or its RTA, Alankit Assignments Limited, before the stipulated deadline to avoid the transfer of their shares to the IEPF Demat Account. Concurrently, the company has launched the Second 100 Days Campaign — "Saksham Niveshak" — from 1st April, 2026 to 9th July, 2026, to encourage shareholders to update KYC details and claim pending dividends. The notice was published on 18th May, 2026, and signed by Aditya Jindal, Chairman cum Managing Director.

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Machino Plastics Ltd has issued a formal public notice informing equity shareholders of the impending transfer of shares linked to unclaimed or unpaid dividends for the financial year 2018-19 to the Investor Education and Protection Fund (IEPF) Authority. The notice has been published in compliance with Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The notice was published on 18th May, 2026, and signed by Aditya Jindal, Chairman cum Managing Director.

IEPF Share Transfer: Regulatory Background

Under the applicable rules, equity shares in respect of which dividends have remained unclaimed or unpaid for a period of seven consecutive years or more are mandatorily required to be transferred to the IEPF Authority. Machino Plastics has confirmed that individual communications have already been dispatched to all concerned shareholders at their registered addresses whose shares are liable for such transfer. Complete details of the concerned shareholders have also been uploaded on the company's website at www.machinoplastics.com .

Shareholders who have not yet claimed their dividends for FY 2018-19 are requested to act promptly. The company has stated that if no valid claim is received within three months of the date mentioned in the notice, it will proceed to initiate the necessary action to transfer the shares to the IEPF Demat Account without any further notice.

How Shareholders Can Claim Unclaimed Dividends

Shareholders may claim their unclaimed dividends by contacting the company or its Registrar and Share Transfer Agent (RTA), Alankit Assignments Limited. The process differs based on the mode of holding:

  • Shares held in Demat Form: Shareholders must submit a self-attested copy of the Client Master List (CML) to the RTA and update KYC details — including bank account number, bank name, IFSC code, MICR, and nomination — with their Depository Participants.
  • Shares held in Physical Form: Shareholders must submit Form ISR-1, Form ISR-2, Form ISR-3, or Form SH-13 (Nomination Form), along with an original cancelled cheque bearing the account holder's name and any other supporting documents.

The contact details for reaching the company and its RTA are as follows:

Parameter: Details
Company Address: Plot No. 3, Maruti J.V. Complex, Udyog Vihar, Phase-IV, Gurugram, Haryana-122015
Company Phone: 011-42541234
RTA Name: Alankit Assignments Limited
RTA Address: 4E/2, Jhandewalan Extension, New Delhi-110055
RTA Phone: 011-42541234
RTA Email: rta@alankit.com
Company Email: sec.legal@machino.com

For shares held in physical form, new share certificates in lieu of the originals will be issued and transferred in the name of the IEPF Authority upon completion of necessary formalities, with the original certificates deemed cancelled and non-negotiable. For shares held in electronic form, the company will inform the Depositories to execute the corporate action and debit the shares from the shareholder's demat account.

In the event shares are transferred to the IEPF Authority, all benefits and rights shall remain suspended and accrue to the IEPF Authority. Shareholders wishing to reclaim their shares or dividends after such transfer must file a separate application with the IEPF Authority in Form IEPF-5, available at www.iepf.gov.in .

Second 100 Days Campaign — "Saksham Niveshak"

In conjunction with the IEPF transfer notice, Machino Plastics has also announced its participation in the Second 100 Days Campaign — "Saksham Niveshak" — pursuant to an initiative of the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs (MCA), vide letter dated March 27, 2026. The campaign runs from 1st April, 2026 to 9th July, 2026.

The campaign is aimed at encouraging shareholders to update their KYC details and claim pending dividends. The following table summarises the required actions based on the type of shareholding:

Type of Holding: Required Actions
Shares held in Demat Form: Update KYC details (bank account, IFSC, MICR, nomination) with Depository Participants; submit self-attested CML copy to RTA
Shares held in Physical Form: Submit Form ISR-1, ISR-2, ISR-3 or SH-13 (Nomination Form); original cancelled cheque with account holder's name; other supporting documents as applicable

Forms are available at https://machinoplastics.com/unclaimed-dividend/ and https://alankitassignments.com/investor-charter/ . Shareholders may also contact the RTA at rta@alankit.com or the company at sec.legal@machino.com for queries related to the campaign.

The notice has been published in the Business Standard newspaper on 18th May, 2026, and is also available on the company's website and the BSE website at www.bseindia.com .

Historical Stock Returns for Machino Plastics

1 Day5 Days1 Month6 Months1 Year5 Years
+10.23%+13.99%+13.76%-8.98%+6.87%+111.06%

How many shares and what percentage of Machino Plastics' total equity are at risk of being transferred to IEPF, and what impact could this have on the company's shareholder composition?

Could the 'Saksham Niveshak' campaign set a precedent for broader IEPF compliance initiatives across Indian listed companies, and how might stricter enforcement affect retail investor participation in equity markets?

What recourse do shareholders have if they miss the three-month deadline and their shares are transferred to IEPF, and how efficient has the IEPF-5 reclaim process historically been for investors?

More News on Machino Plastics

1 Year Returns:+6.87%