Manas Polymers reports 110% rise in FY26 net profit
Manas Polymers and Energies Limited reported a 110% increase in net profit to ₹851.64 lakh for FY26, with revenue rising 68% to ₹5,300.02 lakh. The Board approved the audited results and the Managing Director's remuneration. There was no deviation in the utilisation of IPO funds.
*this image is generated using AI for illustrative purposes only.
Manas Polymers and Energies Limited reported a 110% increase in net profit to ₹851.64 lakh for the financial year ended March 31, 2026, compared to ₹405.98 lakh in the previous year. Revenue from operations surged 68% to ₹5,300.02 lakh from ₹3,154.44 lakh in FY25, driven by the company's polymer and power segments. The total income for the year stood at ₹5,487.95 lakh.
The Board of Directors, at its meeting held on May 25, 2026, approved the audited standalone financial results for the quarter and financial year ended March 31, 2026. The meeting also approved the remuneration of Vineet Bhadauria, Managing Director, fixed at ₹2 lakh per month and 1.5% of profit as an annual bonus, within the limits prescribed under Section 197 of the Companies Act, 2013.
The company's earnings per share (EPS) for the year improved to ₹10.95 from ₹8.33 in the previous year. Total expenses for FY26 increased to ₹4,392.51 lakh from ₹2,756.95 lakh in the prior year, primarily due to higher material consumption and operational costs. The profit before tax and exceptional items rose to ₹1,095.44 lakh from ₹548.85 lakh.
Financial Performance
The audited financial results highlighted significant growth across key operational metrics. The finance costs for the year amounted to ₹89.67 lakh, while depreciation and amortization expenses stood at ₹280.04 lakh. The tax expense for the period was ₹243.80 lakh.
| Particular | Year Ended March 31, 2026 (₹ in Lakh) | Year Ended March 31, 2025 (₹ in Lakh) |
|---|---|---|
| Revenue from Operations | 5,300.02 | 3,154.44 |
| Total Income | 5,487.95 | 3,305.80 |
| Total Expenses | 4,392.51 | 2,756.95 |
| Net Profit | 851.64 | 405.98 |
| Earnings Per Share (Basic) | 10.95 | 8.33 |
Fund Utilisation
The company confirmed that there was no deviation or variation in the utilisation of funds raised through its initial public offer, which was open from September 26, 2025, to September 30, 2025. The total amount raised was ₹2,352.24 lakh. Funds were fully utilised for public issue-related expenses, solar capex, polymer capex, and general corporate purposes as per the original allocation.
SSRV & Associates, Chartered Accountants, issued an unmodified opinion on the standalone financial results. Dhruv Bhadauria, Chief Financial Officer, declared that the auditors' report on the standalone audited financial results for FY26 was unmodified.
Historical Stock Returns for Manas Polymers & Energies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.11% | -1.09% | +0.22% | -52.48% | -68.88% | -68.88% |
Can the polymer and power segments sustain this high growth rate in FY27 given the surge in material consumption and operational costs?
How will the recent ₹23.52 crore capital infusion specifically impact production capacity and revenue generation in the upcoming fiscal year?
What is the company's strategy to manage rising input costs to protect profit margins as operations scale up?
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
