Pankaj Polymers announces new promoters after stake sale

1 min read     Updated on 28 May 2026, 01:07 PM
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Pankaj Polymers Limited disclosed a change in its promoter group following a Share Purchase Agreement. Mr. Sandeep Jain, Mr. Vikas Garg, Mr. Rahul Nagar, and Mr. Himanshu Arora have become promoters, acquiring a combined 58.14% stake. The company informed BSE on May 28, 2026, complying with SEBI regulations.

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Pankaj Polymers Limited has announced a change in its promoter group following the acquisition of shares by four individuals pursuant to a Share Purchase Agreement dated January 14, 2026. The company received disclosures from Mr. Sandeep Jain, Mr. Vikas Garg, Mr. Rahul Nagar, and Mr. Himanshu Arora confirming they have become promoters of the company. These disclosures were submitted in accordance with Regulation 7(1)(b) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

New Promoter Shareholding

The new promoters acquired their shareholdings on May 25, 2026. The aggregate acquisition by the four individuals results in a significant change in the company's ownership structure. The details of the securities held by the new promoters are outlined below:

Promoter Name Shares Held % of Shareholding Date of Becoming Promoter
Mr. Sandeep Jain 7,23,658 13.05% May 25, 2026
Mr. Vikas Garg 11,25,000 20.29% May 25, 2026
Mr. Rahul Nagar 11,25,000 20.29% May 25, 2026
Mr. Himanshu Arora 2,50,000 4.51% May 25, 2026

Regulatory Compliance

The company intimated the Bombay Stock Exchange Limited regarding this change in promoters on May 28, 2026. The necessary disclosures were submitted in the prescribed Form B. The registered office of Pankaj Polymers Limited is located in Secunderabad, Telangana.

Historical Stock Returns for Pankaj Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%-0.45%-6.02%+166.42%+286.47%+1,268.75%

What strategic changes or new business directions can be expected under the new promoter group?

How will the market react to the significant shift in the company's ownership structure?

Are there potential mergers, acquisitions, or partnerships on the horizon as a result of this change?

Pankaj Polymers Limited Reports Strong Financial Turnaround in FY26 Results

2 min read     Updated on 30 Apr 2026, 06:07 PM
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Pankaj Polymers Limited announced strong FY26 results with profit of ₹219.64 lakhs, reversing from previous year's loss of ₹12.94 lakhs. The company achieved complete debt elimination, improved balance sheet position, and received unmodified audit opinion from statutory auditors.

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Pankaj Polymers Limited has announced its audited financial results for FY26, following a Board Meeting held on 30th April 2026. The company reported a significant financial turnaround with a profit of ₹219.64 lakhs for the full year, marking a remarkable recovery from the loss of ₹12.94 lakhs recorded in FY25. The results were reviewed by the Audit Committee and approved by the Board of Directors, with statutory auditors Luharuka & Associates providing an unmodified opinion.

Financial Performance Overview

The company demonstrated strong financial recovery across key metrics. Total income for FY26 reached ₹461.12 lakhs, representing a substantial increase from ₹227.36 lakhs in the preceding year. While revenue from operations declined to ₹129.84 lakhs from ₹149.92 lakhs in FY25, other income surged dramatically to ₹331.28 lakhs from ₹77.44 lakhs, primarily driving the overall income growth.

Particulars: FY26 (₹ in Lakhs) FY25 (₹ in Lakhs) Change
Total Income: 461.12 227.36 +102.8%
Revenue from Operations: 129.84 149.92 -13.4%
Other Income: 331.28 77.44 +327.8%
Total Expenses: 231.65 240.90 -3.8%
Profit Before Tax: 229.47 (13.54) Turnaround
Net Profit: 219.64 (12.94) Turnaround
Basic EPS: 3.96 (0.23) Positive

Quarterly Performance Analysis

For the quarter ended 31st March 2026, Pankaj Polymers reported a profit of ₹9.80 lakhs, compared to a loss of ₹0.93 lakhs in the corresponding quarter of the previous year. Total income for Q4 FY26 stood at ₹119.72 lakhs, with revenue from operations at ₹57.11 lakhs and other income contributing ₹62.61 lakhs.

Balance Sheet Strengthening

The company's balance sheet position showed significant improvement as of 31st March 2026. Total assets remained stable at ₹1,412.95 lakhs compared to ₹1,408.10 lakhs in the previous year. However, the capital structure improved substantially with total equity increasing to ₹1,304.59 lakhs from ₹1,092.16 lakhs, while total liabilities decreased significantly to ₹108.36 lakhs from ₹315.93 lakhs.

Balance Sheet Items: As at 31st March 2026 As at 31st March 2025
Total Assets: ₹1,412.95 lakhs ₹1,408.10 lakhs
Total Equity: ₹1,304.59 lakhs ₹1,092.16 lakhs
Total Liabilities: ₹108.36 lakhs ₹315.93 lakhs
Non-current Borrowings: NIL ₹123.11 lakhs
Current Borrowings: NIL ₹64.09 lakhs

Debt Reduction and Cash Flow Management

A notable achievement during FY26 was the complete repayment of borrowings. Outstanding qualified borrowings stood at NIL as of 31st March 2026, compared to ₹1.69 crores at the beginning of the fiscal year. The cash flow statement reveals substantial cash inflows from investing activities of ₹628.33 lakhs, primarily from proceeds from sale of fixed assets (₹294.04 lakhs) and sale of investments (₹268.20 lakhs). Cash and cash equivalents increased to ₹15.96 lakhs from ₹10.63 lakhs at the end of the previous year.

Regulatory Compliance and Audit Opinion

The financial results comply with Regulation 33 of SEBI (LODR) Regulations, 2015. Managing Director Pankaj Goel submitted the mandatory declaration confirming that statutory auditors Luharuka & Associates issued an unmodified audit opinion on the financial results. The Board Meeting commenced at 1.30 PM and concluded at 3.00 PM on 30th April 2026, with all required documents submitted to the Bombay Stock Exchange.

Historical Stock Returns for Pankaj Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%-0.45%-6.02%+166.42%+286.47%+1,268.75%

What strategic initiatives will Pankaj Polymers implement to reverse the 13.4% decline in operational revenue and drive core business growth?

How sustainable is the company's profitability given that 72% of total income came from non-operational sources in FY26?

Will Pankaj Polymers consider strategic acquisitions or capacity expansion now that it has eliminated all debt and strengthened its balance sheet?

More News on Pankaj Polymers

1 Year Returns:+286.47%