National Plastic Technologies Ltd has fixed Monday, September 14, 2026, as the record date for determining shareholder entitlement to the final dividend for the financial year ended March 31, 2026 (FY26). The company proposes a dividend of Rs.1.50 per equity share, representing a 15% payout on the face value of Rs.10 each. This distribution is contingent upon approval by shareholders at the 37th Annual General Meeting (AGM), scheduled for September 21, 2026. If approved, the dividend payment will be made within 30 days of declaration, with a deadline of October 15, 2026.

The announcement was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It serves as a continuation of the company’s earlier communication dated May 25, 2026. The Board of Directors has set the record date to ensure that only shareholders holding equity shares on September 14, 2026, are eligible to receive the dividend proceeds.

Key Dates and Details

Annual General Meeting

The 37th Annual General Meeting will be held on Monday, September 21, 2026, at 10:15 a.m. The venue is The Arihanth Hall, Madras Hotel Ashoka, located at 47, Pantheon Road, Egmore, Chennai-600008. Shareholders are required to attend this meeting to vote on the resolution approving the final dividend. The meeting is convened in compliance with Regulation 30 of the Listing Regulations.

What This Means for Investors

Shareholders looking to benefit from the dividend must hold the stock on the record date of September 14, 2026. Since the ex-date is typically one business day prior to the record date, investors should verify the exact ex-date announced by the exchanges to ensure eligibility. The dividend payout reflects the company’s commitment to returning value to shareholders from its FY26 earnings, assuming the proposed amount is ratified by the members at the AGM.

National Plastic Technologies reported a net profit of ₹256.45 lakh for the quarter ended June 30, 2026, marking a 15.3% year-on-year increase from ₹222.35 lakh in Q1FY25. The growth was primarily driven by a robust 28.5% expansion in revenue from operations, which reached ₹9,518.46 lakh compared to ₹7,407.25 lakh in the corresponding period of FY25. This performance underscores strengthening demand in the company’s core moulded plastic products segment and effective operational management during the period.

The Board of Directors approved the unaudited standalone financial results in a meeting held on July 31, 2026. In addition to the financial results, the Board approved the reappointment of C A Patel & Associates as the statutory auditor for five years, from FY2026-27 to FY2030-31, subject to shareholder approval at the ensuing Annual General Meeting (AGM). The Board also approved the reappointment of Mr. Arihant Parakh as Managing Director for a further term of three years, effective September 25, 2026, until September 24, 2029, also pending shareholder approval.

Financial Performance Overview

Revenue from operations increased by ₹559.19 lakh quarter-on-quarter to ₹9,518.46 lakh, indicating consistent momentum heading into the second half of FY27. Net profit before tax and exceptional items rose 15.3% year-on-year to ₹355.29 lakh, reflecting improved top-line conversion. The net profit after tax also saw significant sequential growth, more than doubling from ₹148.64 lakh in Q4FY26 to ₹256.45 lakh in Q1FY27.

Corporate Governance Updates

The reappointment of C A Patel & Associates (FRN: 0014055S) as statutory auditor is for a five-year term commencing from the conclusion of the 37th AGM till the conclusion of the 42nd AGM. The firm specializes in assurance, audit, and advisory services. Regarding leadership continuity, Mr. Arihant Parakh, who has over 20 years of experience in the plastic industry, will continue as Managing Director. His tenure extension aims to maintain strategic focus on profitability and operational efficiency. These appointments are detailed in Annexure A of the exchange filing, compliant with Regulation 30 and Schedule III of the SEBI Listing Regulations.

What the Numbers Show

The divergence between revenue growth and profit growth highlights operational leverage. While revenue surged 28.5% year-on-year, pre-tax profits grew at a similar pace (15.3%), suggesting that input costs or operating expenses may have risen proportionally with sales. However, the sequential jump in net profit after tax—from ₹148.64 lakh in Q4FY26 to ₹256.45 lakh in Q1FY27—indicates improved tax efficiency or lower exceptional items in the current quarter compared to the previous one. Equity share capital remained unchanged at ₹607.83 lakh, while reserves and other equity grew to ₹5,741.58 lakh from ₹5,485.13 lakh in the previous quarter, reflecting retained earnings accumulation.