National Plastic Technologies revenue up 10% in FY26 to ₹341.20 crore
- Revenue grew 10% YoY to ₹341.20 crore in FY26
- Net profit increased 1.6% to ₹9.17 crore; PBT up 12.1%
- Auto segment revenue surged ~24% to ₹261 crore
- Board recommends ₹1.50 per share final dividend
- AGM scheduled for September 21, 2026
*this image is generated using AI for illustrative purposes only.
National Plastic Technologies reported a 10% year-on-year increase in revenue to ₹341.20 crore for FY26, driven by strong performance in its automotive components business. Net profit grew marginally by 1.6% to ₹9.17 crore, while EBITDA expanded 3.5% to ₹26.35 crore. The Board has recommended a final dividend of ₹1.50 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.
The company's 37th AGM is scheduled for Monday, September 21, 2026, at the Arihanth Hall, Madras Hotel Ashoka, Chennai. The record date for dividend entitlement and voting rights is fixed as Monday, September 14, 2026. Remote e-voting facilities will be available from September 18 to September 20, 2026, through the National Securities Depository Limited (NSDL) platform.
Financial Performance
Total income for FY26 stood at ₹341.20 crore, compared to ₹310.80 crore in FY25. Profit before tax increased 12.1% to ₹14.05 crore from ₹12.53 crore in the previous year. This growth was supported by a significant expansion in the automotive segment, which saw revenue rise roughly 24% to around ₹261 crore from ₹210 crore. Conversely, the consumer durables business experienced a softening, with turnover declining from ₹100 crore to ₹80 crore.
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Revenue | ₹341.20 crore | ₹310.80 crore | +10.0% |
| EBITDA | ₹26.35 crore | ₹25.45 crore | +3.5% |
| Profit Before Tax | ₹14.05 crore | ₹12.53 crore | +12.1% |
| Net Profit | ₹9.17 crore | ₹9.03 crore | +1.6% |
The long-term debt-to-equity ratio improved to 0.19 from 0.60 six years ago, reflecting strengthened financial resilience. Net worth grew to ₹60.02 crore. Finance costs decreased to ₹4.71 crore from ₹5.88 crore in FY25, contributing to the higher profit before tax despite modest EBITDA growth.
Key Agenda Items
The AGM notice outlines several ordinary and special business items for consideration by the members:
| Item | Business | Resolution Type |
|---|---|---|
| 1 | Adoption of Audited Standalone Financial Statements for FY26 | Ordinary |
| 2 | Declaration of Final Dividend for FY26 | Ordinary |
| 3 | Re-appointment of Mr. Sudershan Parakh as Director | Ordinary |
| 4 | Re-appointment of M/s. CA Patel & Associates as Statutory Auditors | Ordinary |
| 5 | Re-appointment of Mr. Arihant Parakh as Managing Director | Special |
Management Re-appointments
Mr. Arihant Parakh, currently serving as Managing Director, seeks re-appointment for a further period of three years, commencing from September 25, 2026, up to September 24, 2029. The proposed remuneration structure includes a maximum monthly salary of ₹6 lakh for the first year, rising to ₹7.5 lakh in the second year and ₹9 lakh in the third year. This excludes perquisites capped at ₹10 lakh per annum and other specified benefits.
Mr. Sudershan Parakh, a Non-Executive Non-Independent Director, retires by rotation and offers himself for re-appointment. He has been associated with the company since its inception in 1989.
Auditor Appointment
The Board recommends the re-appointment of M/s. CA Patel & Associates as Statutory Auditors for a five-year term. The firm’s current tenure concludes at this AGM. The proposed remuneration is ₹5 lakh per annum for the first three years, with a maximum increase of 20% for the remaining tenure, excluding taxes and out-of-pocket expenses.
What the Numbers Show
The dividend recommendation of ₹1.50 per share represents a 15% payout on the face value of ₹10. While net profit growth was modest at 1.6%, profit before tax grew significantly at 12.1%, aided by a reduction in finance costs. The divergence between top-line growth (10%) and bottom-line growth (1.6%) highlights the impact of margin compression or operational cost pressures, even as the automotive segment delivered robust 24% revenue growth. The improvement in the debt-to-equity ratio to 0.19 underscores the management's focus on financial discipline alongside expansion.
Historical Stock Returns for National Plastic Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.45% | -0.43% | -4.16% | -8.47% | -3.22% | +256.45% |
How does the company plan to reverse the declining trend in its consumer durables segment, which saw a 20% revenue drop to ₹80 crore?
What specific strategies will management employ to improve net profit margins, given the divergence between 10% top-line growth and only 1.6% bottom-line growth?
Will the proposed salary increases for Managing Director Mr. Arihant Parakh impact operational costs significantly in the coming fiscal years?
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