Vigor Plast India Limited filed its audited standalone financial results for the quarter, half year, and year ended March 31, 2026, with the National Stock Exchange. The Board of Directors approved the financial statements and the accompanying audit report, which carries an unmodified opinion from statutory auditors M/s. Sarvesh Gohil & Associates. The filing confirms the company's compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The audit report, signed by Partner Madhvi Khetiya, states that the financial results give a true and fair view in conformity with Accounting Standards generally accepted in India. The auditors noted that the figures for the quarter ended March 31, 2026, are balancing figures derived from the audited full-year results and the published figures up to the third quarter. The company remains exempt from adopting Indian Accounting Standards (Ind AS) as it is listed on an SME Exchange.

Financial metrics for the period show a basic and diluted earnings per share (EPS) from continuing and discontinuing operations of 9.87 for the year ended March 31, 2026, compared to 6.61 in the previous year. For the quarter ended March 31, 2026, the EPS stood at 2.74, up from 1.81 in the corresponding quarter of the previous year. The debt-equity ratio improved to 0.16 as of March 31, 2026, from 1.37 in the prior year, while the interest service coverage ratio was recorded at 9.85.

Financial Highlights

The company's assets and liabilities statement indicates a total equity and liabilities base of ₹6,113.79 lakh as of March 31, 2026, compared to ₹4,050.53 lakh in the previous year. Shareholders' funds increased to ₹3,999.73 lakh, driven by a rise in share capital to ₹1,035.17 lakh and reserves and surplus to ₹2,964.56 lakh. Non-current liabilities decreased to ₹425.38 lakh from ₹996.99 lakh, while current liabilities stood at ₹1,688.68 lakh.

IPO Proceeds Utilisation

During the financial year, the company completed an Initial Public Offering (IPO) comprising 30,99,200 equity shares. The proceeds from the fresh issue aggregating to ₹2,024.35 lakh have been utilised towards repayment of borrowings and capital expenditure.

The cash flow statement reveals a net increase in cash and cash equivalents of ₹373.21 lakh for the year, bringing the closing balance to ₹374.26 lakh. Cash generated from operations was ₹502.74 lakh, while investing activities resulted in a net outflow of ₹686.43 lakh primarily due to capital expenditure.