Union Quality Plastics reports loss in Q4FY26 as income drops

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Reviewed by
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Key Highlights

Union Quality Plastics Limited reported a net loss of ₹7.44 lakh for Q4FY26 as total income dropped to ₹0.18 lakh from ₹604 lakh in the prior year. The company posted a net loss of ₹3.20 lakh for the full year FY26. The Board approved the audited results on May 30, 2026.

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Union Quality Plastics Limited reported a net loss of ₹7.44 lakh for the quarter ended March 31, 2026, a significant decline from the net profit of ₹545.31 lakh recorded in the corresponding quarter of the previous year. The company's total income from operations plummeted to ₹0.18 lakh in Q4FY26, down from ₹604 lakh in Q4FY25. For the full financial year ended March 31, 2026, the company reported a net loss of ₹3.20 lakh on a total income of ₹0.18 lakh, compared to a net profit of ₹375.49 lakh on an income of ₹604 lakh in the previous year.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 30, 2026. The filing was submitted to BSE Limited under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company's earnings per share (EPS) for the quarter stood at a loss of ₹0.11, compared to an EPS of ₹7.87 in the same period last year. For the financial year, the EPS was a loss of ₹0.05, down from ₹5.42 in FY25. The paid-up equity share capital remained constant at ₹692.64 lakh.

Key Financial Metrics

Particulars Quarter Ended 31.03.2026 (₹ in Lakhs) Quarter Ended 31.03.2025 (₹ in Lakhs) Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Total Income 0.18 604.00 0.18 604.00
Net Profit/(Loss) after tax (7.44) 545.31 (3.20) 375.49
Reserves (859.49) (856.28) (859.49) (856.28)
EPS (Basic) (0.11) 7.87 (0.05) 5.42

What specific factors caused the near-total collapse in operational income during FY26?

Does the company have a strategic turnaround plan to restore revenue generation in the upcoming fiscal year?

How will the negative reserves impact the company's ability to secure future financing or distribute dividends?

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Union Quality Plastics board to meet on May 30 for Q4, FY26 results

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Reviewed by
Jubin VScanX News Team
Key Highlights

Union Quality Plastics Limited will hold a board meeting on May 30, 2026, to approve audited financial results for Q4 and FY26. The agenda includes appointing M/s. Atluri Ramesh & Associates as Secretarial Auditors and Mr. Sayed Shahnawaz Nazir as Internal Auditor.

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Union Quality Plastics Limited has announced that its Board of Directors will meet on Saturday, May 30, 2026, to discuss and approve the company's financial performance for the recent quarter and fiscal year. The meeting is scheduled to commence at 3:30 P.M. at a venue in Hyderabad, Telangana.

Agenda for the Meeting

The primary focus of the board meeting will be the consideration and approval of the audited financial results. Specifically, the directors will review the numbers for the quarter ended March 31, 2026, as well as the full financial year ending on the same date.

Appointments to be Approved

In addition to the financial results, the board will deliberate on key auditor appointments. The directors are set to appoint M/s. Atluri Ramesh & Associates, Company Secretaries based in Hyderabad, as the Secretarial Auditors for the company. This appointment is intended to cover the conduct of the secretarial audit for the financial year 2025-26.

Furthermore, the board will consider the appointment of Mr. Sayed Shahnawaz Nazir as the Internal Auditor of the company. These decisions are part of the routine governance and compliance measures undertaken by the company.

Meeting Details

The meeting will be held to transact the aforementioned business, along with any other matters that may be permitted by the Chair. The intimation was formally communicated to the BSE Limited, where the company is listed with Scrip Code 526799.

How might Union Quality Plastics Limited's audited financial results for FY2025-26 compare to industry peers in the plastics manufacturing sector, and what growth trajectory could investors expect?

What potential impact could the appointment of a new Internal Auditor have on Union Quality Plastics Limited's corporate governance practices and compliance framework going forward?

Could the board meeting on May 30, 2026 also signal any upcoming strategic decisions, such as expansion plans, dividend announcements, or capital restructuring for Union Quality Plastics Limited?

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