Sellowrap Industries Limited has been honoured with the Star Performing Company award in Environmental, Social and Governance (ESG) and a Leadership Recognition at the ACMA Mobility Foundation's 25th Year Celebration Conference held on July 16, 2026. The ESG award was presented to the Company's Gurugram facility under the ACMA ESG Program 2025-26, while the Leadership Recognition was awarded to Managing Director Mr. Saurabh Poddar for driving plant transformation through the ACMA Cluster Program. These accolades underscore the Company's commitment to responsible manufacturing practices and operational excellence.

Strategic ESG Initiatives

The recognitions reflect Sellowrap's sustained focus on ESG and sustainability leadership. The Company achieved a 68.9% reduction in GHG emission intensity in FY26 and maintained zero lost time injuries across all manufacturing facilities. Additionally, the Ranipet plant procured 80% of its electrical energy from renewable sources. These measurable outcomes demonstrate the integration of ESG principles into operational and strategic decision-making to create long-term value for stakeholders.

Governance and Leadership

Sellowrap Industries Limited emphasized maintaining robust governance frameworks and transparent disclosures, as reflected in its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. The leadership award for Mr. Saurabh Poddar highlights the Company's commitment to building manufacturing excellence through structured industry collaboration and plant-level transformation.

Management Commentary

Commenting on the achievement, Managing Director Mr. Saurabh Poddar stated that the recognition is a testament to the collective effort of teams across all plants. He noted that ESG at Sellowrap is embedded in daily operations, ranging from energy efficiency and waste reduction to workplace safety and governance. The Company remains focused on delivering consistent value to stakeholders while adhering to high standards of responsible business conduct.

Sellowrap Industries Limited is a Mumbai-based manufacturer of customized adhesive and non-adhesive components for the automotive and white goods industries. Listed on NSE Emerge, the Company operates manufacturing facilities in Gurugram, Ranipet, and Pune, supplying directly to leading Original Equipment Manufacturers in India and overseas.

Sellowrap Industries reported an 8% rise in net profit to ₹891.53 lakh for the financial year ended March 31, 2026, compared to ₹825.74 lakh in the previous year. Revenue from operations increased 23.6% to ₹20,081.65 lakh from ₹16,245.01 lakh in FY25. The company's Board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, in a meeting held on May 25, 2026. Following the results, the company's management participated in a virtual investor interaction on June 1, 2026, to discuss the business overview, operational performance, and growth strategy.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a profit of ₹157.76 lakh, a decline from ₹240.75 lakh in the same period of the previous year. Revenue for the quarter stood at ₹6,791.39 lakh. Total expenses for the year rose to ₹18,916.24 lakh from ₹15,219.79 lakh in the prior year. Earnings per share (EPS) for the year stood at ₹6.49, down from ₹8.18 in FY25.

Consolidated Results

On a consolidated basis, net profit for FY26 increased to ₹1,012.79 lakh from ₹961.16 lakh in the previous year. Revenue from operations for the year was ₹20,081.65 lakh. The consolidated results include the financials of associate company Sellowrap EPP India Pvt Limited. The statutory auditors, M/s. V. B. Jain & Co, issued an unmodified opinion on the standalone and consolidated financial results.

H2FY26 Performance

While Sellowrap maintained robust top-line growth in H2FY26—driven by strong automotive OEM demand—profitability faced transient pressures from geopolitical supply disruptions, evolving domestic labor regulations, and surging input costs. The management noted that US-Israel airstrikes on Iran on February 28, 2026, caused Strait of Hormuz traffic to fall approximately 70% within hours, triggering energy price shocks and shipping chaos. Natural gas supply disruptions directly impacted the production of plastics, rubber, and chemical compounds critical to auto components. Additionally, the INR depreciated from ₹85.53 to ₹94.71 between March 2025 and March 2026, a 10% fall that directly inflated import-linked input costs. Polymer prices in India rose due to supply disruptions and rising feedstock costs.

Corrective Measures

To counter raw material and forex inflation, Sellowrap successfully initiated price revisions with key automotive OEMs to pass through accelerated input costs. The company is investing in process automation to reduce reliance on the contractual workforce. Targeted hiring of experienced, multi-skilled operators is underway to raise output per head and reduce defect rates. A cross-functional cost review has also been initiated, targeting procurement, logistics, and overheads.

IPO Proceeds Utilization

The company confirmed there was no deviation in the utilization of proceeds from its Initial Public Offer (IPO), which raised ₹30.27 crore. The total net proceeds of the fresh issue amounted to ₹2,598.37 lakh. As of March 31, 2026, unutilized IPO proceeds totaling ₹1,239.85 lakh were temporarily invested in fixed deposits with HDFC Bank pending deployment. The funds were allocated for capital expenditure, working capital, and general corporate purposes.

Balance Sheet Highlights

The company's total assets stood at ₹17,556.56 lakh as of March 31, 2026, up from ₹13,568.58 lakh a year ago. Shareholders' equity increased to ₹8,127.88 lakh from ₹4,604.88 lakh. Non-current investments rose significantly to ₹2,425.12 lakh from ₹1,081.19 lakh. The trading window, which was closed from April 1, 2026, will reopen on May 27, 2026.