Noble Polymers has set September 25, 2026 as the record date for determining eligibility for its final dividend of ₹0.05 per equity share for FY26. The payout is subject to approval at the upcoming annual general meeting.

The company announced that the register of members and share transfer books will remain closed from Saturday, September 26, 2026 to Wednesday, September 30, 2026. This closure facilitates the 32nd Annual General Meeting (AGM) scheduled for September 30 and the determination of dividend entitlements.

Dividend and Share Consolidation

The final dividend of ₹0.05 per equity share of face value ₹5 each represents 1% of the face value. This aggregates to ₹4,37,770 across 87,55,400 equity shares. Payment is scheduled for on or before October 29, 2026, subject to member approval at the AGM.

The board also approved consolidating equity shares from a face value of ₹5 to ₹10. Every two fully paid-up shares of ₹5 will become one fully paid-up share of ₹10. This requires approval from members, BSE Limited, and depositories.

Leadership Appointments

The board approved the appointment of Mr. Mahesh Alabhai Oedra and Mr. Hiren Rambhai Oedra as Whole-time Directors designated as "Executive Directors." Both appointments are for five years effective September 30, 2026, without remuneration, subject to member approval.

Additionally, Mr. Akash Prakashbhai Thakore was appointed as Chief Financial Officer. M/s. P K Garg and Associates, Chartered Accountants, were appointed as Internal Auditor for FY25-26.

AGM Details

The 32nd AGM is scheduled for September 30, 2026, at 1:00 pm at the registered office in Ahmedabad. Remote e-voting via Central Depository Services (India) Limited will run from September 27 to September 29, 2026.

Regulatory Compliance

The disclosure is made pursuant to Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Section 91 of the Companies Act, 2013. The trading window for designated persons remains closed during this period under SEBI’s insider trading regulations.

Noble Polymers reported a significant improvement in profitability for the first quarter of FY26, with standalone net profit rising to ₹101.17 lakh from ₹13.30 lakh in the same period last year. This represents a year-on-year increase of approximately 663%. The company’s revenue from operations stood at ₹1,117.90 lakh for the quarter ended June 30, 2026.

The financial results were approved by the Board of Directors during a meeting held on Friday, August 14, 2026, in Ahmedabad. The meeting commenced at 1:00 pm and concluded at 1:45 pm. Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted its unaudited standalone financial results along with the limited review report issued by its statutory auditors.

Financial Performance

The company’s total income for the quarter was recorded at ₹1,126.02 lakh, comprising revenue from operations of ₹1,117.90 lakh and other income of ₹8.12 lakh. In the corresponding quarter of the previous fiscal year, total income was ₹21.24 lakh, driven entirely by other income as revenue from operations was not disclosed for that period.

Total expenses for Q1FY26 amounted to ₹1,024.84 lakh. The major components included purchase of stock-in-trade at ₹1,015.23 lakh, employee benefits expenses at ₹2.70 lakh, and other expenses at ₹6.92 lakh. There were no finance costs or depreciation expenses reported for the quarter.

Earnings per equity share (basic and diluted) stood at ₹1.56 for the current quarter, compared to ₹0.21 in the same period last year. For the full year ended March 31, 2026, the company had reported a loss of ₹168.54 lakh.

What the Numbers Show

The divergence between the current quarter’s performance and the preceding full-year result highlights a sharp turnaround in operational efficiency. While the company posted a loss of ₹168.54 lakh in FY26, the first quarter of FY26 generated a profit of ₹101.17 lakh. This shift coincides with a substantial increase in reported revenue, which was nil in the comparative column for Q1FY25 but stands at ₹1,117.90 lakh in Q1FY26. The gross margin on operations can be inferred from the difference between revenue (₹1,117.90 lakh) and purchase of stock-in-trade (₹1,015.23 lakh), indicating a gross profit of ₹102.67 lakh before operating expenses. This gross profit comfortably covers the operating expenses of ₹9.62 lakh (employee benefits + other expenses), driving the bottom-line recovery.

Auditor’s Review

R. B. Gohil & Co., Chartered Accountants, Jamnagar, issued the independent auditor’s review report on the quarterly standalone financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410. Based on their review, the auditors stated that nothing came to their attention to cause them to believe that the statement has not disclosed the information required under the Listing Regulations or contains any material misstatement. CA Raghubha Gohil, Partner at R. B. Gohil & Co., signed the report on August 14, 2026.