Tokyo Plast International Limited has submitted a Declaration under Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, after receiving a discrepancy notice from BSE dated April 30, 2026. The company clarified that the omission of the declaration from its original filing was the result of an inadvertent clerical oversight during the compilation of the final PDF document uploaded to the exchanges.

Background and Regulatory Context

The company's audited financial results for the quarter and financial year ended March 31, 2026 were submitted to the exchanges on April 29, 2026, within the stipulated timeline. However, the covering Declaration required under Regulation 33(3)(d) was not attached to the primary filing. Upon receiving the discrepancy communication from BSE, the company moved to address the gap and submitted the declaration on May 13, 2026.

Audit Opinion and Compliance Details

The following key details pertain to the declaration and audit findings:

The statutory auditors, U B G & Co., Chartered Accountants (Firm Registration No.: 141076W), issued an Audit Report with an unmodified opinion on the audited financial results of the company, covering both standalone and consolidated statements for the quarter and financial year ended March 31, 2026.

Company's Clarification and Assurance

In its communication to the exchanges, Tokyo Plast International emphasized that the omission was unintentional and not deliberate. The company extended an apology for the oversight and requested the exchanges to condone the delay in submitting the specific document. The declaration has since been enclosed with the clarification letter for records, and the company requested the exchanges to take the same on record and close the pending discrepancy.

The clarification letter was signed by Velji Shah, Managing Director (DIN: 00007239), while the declaration itself was signed by Haresh Velji Shah, Director (DIN: 0008339), on behalf of Tokyo Plast International Limited.

Tokyo Plast International Limited has announced its audited financial results for the quarter and year ended March 31, 2026, following the board meeting held on April 29, 2026. The company's board of directors approved the financial statements along with the independent auditor's report from U B G & Company Chartered Accountants.

Financial Performance Overview

The company demonstrated solid growth in its standalone financial performance for FY26. Key financial metrics show improved operational efficiency and revenue expansion across the plastic thermoware products segment.

Quarterly Results Analysis

The fourth quarter of FY26 showed strong performance with revenue from operations reaching ₹2287.52 lakhs compared to ₹1715.61 lakhs in the corresponding quarter of the previous year, marking a significant increase of 33.33%.

Consolidated Financial Results

The consolidated financial results, which include the subsidiary Pinnacle Drinkware Private Limited, showed revenue from operations of ₹7931.35 lakhs for FY26. The consolidated net profit stood at ₹63.04 lakhs compared to ₹131.41 lakhs in the previous year. The subsidiary reported a net loss of ₹77.93 lakhs for the year ended March 31, 2026, with total assets of ₹3920.19 lakhs as of that date.

Balance Sheet Highlights

The company's standalone balance sheet as of March 31, 2026, reflects total assets of ₹11979.62 lakhs compared to ₹10337.94 lakhs in the previous year. The equity base remained stable with paid-up equity share capital of ₹950.14 lakhs.

Auditor's Opinion and Compliance

U B G & Company Chartered Accountants provided an unqualified opinion on both standalone and consolidated financial results. The auditor confirmed that the financial statements present a true and fair view in accordance with Indian Accounting Standards and comply with SEBI Listing Regulations.

The company operates primarily in the plastic thermoware products segment and maintains its administrative office in Mumbai with manufacturing facilities in Daman and Kandla Special Economic Zone. The financial results were signed by Velji L. Shah, Chairman and Managing Director, confirming the board's approval of all financial statements and disclosures.