Nahar Poly Films reported a standalone net profit of ₹68.27 crore for FY26, an 88% increase from ₹36.36 crore in the previous year. The company’s total income rose 6.45% to ₹729.03 crore, supported by strong domestic sales despite a decline in exports.

Financial Performance

The company achieved revenue from operations of ₹704.20 crore in FY26, compared to ₹665.94 crore in FY25. Domestic sales contributed ₹6,531.08 crore (₹653.11 crore), while export revenues fell to ₹48.84 crore (₹4.88 crore) from ₹79.09 crore (₹7.91 crore) in the prior year.

Profit before tax surged 75% to ₹91.64 crore from ₹52.36 crore. After providing ₹23.38 crore for taxation, the net profit reached ₹68.27 crore. Consolidated net profit, including the share of profit from associates, stood at ₹78.84 crore, up from ₹47.38 crore.

Dividend and AGM Details

The Board has proposed a final dividend of ₹1.50 per equity share of face value ₹5 each for FY26, representing a 30% payout ratio. This is subject to shareholder approval at the 38th Annual General Meeting scheduled for September 25, 2026. Shareholders on record as of September 4, 2026, will be eligible for the dividend.

The register of members will remain closed from September 5, 2026, to September 9, 2026. The meeting will be conducted via Video Conferencing or Other Audio Visual Means (OAVM).

Expansion and Operational Updates

Nahar Poly Films is proceeding with its expansion plan to install a third BOPP film line with a capacity of 36,000 MT per annum at Village Simrai, Mandideep, Madhya Pradesh. The project, with a capital outlay of approximately ₹595 crore, is expected to be fully implemented by FY28. Upon completion, the company’s installed capacity will increase to 96,000 MT per annum.

Orders for major plant and machinery have been placed, and the project work is progressing as per schedule. The expansion aims to strengthen the company’s ability to cater to growing market demand and achieve economies of scale.

Board Re-appointments

The AGM agenda includes the re-appointment of two non-executive directors and four independent directors:

• Non-Executive Directors: Mr. Kamal Oswal and Mr. Dinesh Gogna retire by rotation and offer themselves for re-appointment.
• Independent Directors: Dr. Anchal Kumar Jain, Dr. Roshan Lal Behl, Dr. Prem Lata Singla, and Dr. Rajan Dhir seek re-appointment for a second term of five consecutive years.

What the Numbers Show

The significant divergence between revenue growth (6.45%) and profit growth (88%) indicates improved operational leverage and margin expansion. The operating profit margin expanded to 18.74% from 14.28%, suggesting better cost management or favorable product mix despite the decline in export volumes. The reduction in finance costs from ₹10.22 crore to ₹7.85 crore also contributed to the bottom-line improvement.

Nahar Poly Films has filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with the stock exchanges. The filing, dated August 29, 2026, discloses the company's adherence to environmental, social, and governance principles for the financial year ended March 31, 2026.

The report highlights the company's operational footprint, which includes two plants and four offices across India. It serves customers in 28 domestic states and exports to 23 countries, contributing 6.96% to total turnover. The entity operates on a standalone basis for these disclosures.

Environmental Performance

Nahar Poly Films reported a reduction in total energy consumption to 254,761,483,440 Joules in FY26, down from 255,766,274,704 Joules in FY25. Energy intensity per rupee of turnover improved to 36.94 from 38.41 in the prior year.

Water withdrawal decreased significantly to 72,346 kiloliters from 82,653 kiloliters in FY25, with all water sourced from groundwater. The company maintains a zero liquid discharge policy, utilizing treated sewage for horticulture. Total waste generated fell to 560.67 metric tonnes from 676.95 metric tonnes in FY25.

Social Metrics

The workforce comprises 174 permanent employees and 286 workers. Turnover rates for permanent employees declined to 1.50% in FY26 from 4.00% in FY25. Similarly, permanent worker turnover dropped to 2.00% from 6.00%.

Safety records show no lost-time injuries for employees or workers in FY26. One recordable work-related injury was reported among workers, consistent with FY25 figures. No fatalities occurred during the period.

Governance and CSR

The company reported 11 customer complaints received during FY26, all resolved by year-end. Seven shareholder complaints were filed, with one pending resolution as of March 31, 2026, subsequently resolved on April 1, 2026. No penalties or fines were paid to regulatory agencies.

Corporate Social Responsibility spending was set off against a surplus balance of ₹44.32 lakhs carried forward from previous years, fulfilling the ₹49.17 lakh obligation for FY26 without new cash outflow.