Vinyoflex Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange, fulfilling mandatory regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended March 31, 2026, and was filed on April 7, 2026.

Regulatory Compliance Confirmation

The certificate, filed under Regulation 74(5) of SEBI regulations, confirms that the company has maintained proper procedures for securities dematerialization during the reporting quarter. Managing Director Vinodkumar Khimji Tilva digitally signed the document, certifying compliance with all applicable requirements.

Dematerialization Process Verification

The certificate confirms that all securities received for dematerialization during the quarter were processed according to regulatory standards. Key compliance aspects include:

• Securities were mutilated and cancelled after due verification
• Depository names were substituted in company records as registered owners
• All processes were completed within the mandatory 15-day timeframe
• Dematerialized securities remain listed on appropriate stock exchanges

Registrar Confirmation

MCS Share Transfer Agent Limited, serving as the company's registrar and transfer agent, provided supporting confirmation for the compliance certificate. The registrar verified that all securities received from depository participants during the quarter ended March 31, 2026, were properly confirmed to depositories and that appropriate verification procedures were followed.

The registrar's confirmation, dated April 7, 2026, specifically states that security certificates received for dematerialization were mutilated and cancelled after due verification by depository participants, with depository names properly substituted in the register of members within the required timeframe.

Corporate Governance

This quarterly filing demonstrates Vinyoflex Limited's commitment to maintaining regulatory compliance and transparent corporate governance practices. The company holds ISO 9001 certification and NABCB QM011 certification, reflecting its adherence to quality management standards across its operations.

Vinyoflex Limited, a PVC film manufacturer, announced its unaudited financial results for the third quarter ended December 31, 2025, showing a decline in profitability compared to the previous year. The Board of Directors approved these results in their meeting held on February 09, 2026, with statutory auditors M/s. Bhavin Associates providing the limited review report.

Q3FY26 Financial Performance

The company's quarterly performance reflected challenging market conditions with key metrics showing year-on-year declines:

Despite the revenue decline, the company managed to maintain reasonable profitability margins through effective cost management. Total expenses decreased to ₹847.95 lakhs from ₹1,073.43 lakhs in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Vinyoflex demonstrated resilience with relatively stable performance:

The nine-month results indicate better overall performance management, with the company maintaining profitability levels despite revenue pressures.

Cost Structure and Operational Efficiency

The company's cost management initiatives showed positive results during Q3FY26:

• Cost of Material Consumed: Decreased to ₹721.67 lakhs from ₹935.29 lakhs (YoY)
• Employee Benefits Expense: Increased to ₹66.56 lakhs from ₹56.94 lakhs (YoY)
• Finance Costs: Reduced significantly to ₹0.67 lakhs from ₹1.90 lakhs (YoY)
• Other Expenses: Declined to ₹120.63 lakhs from ₹172.24 lakhs (YoY)

The company benefited from favorable inventory changes, recording a positive impact of ₹75.58 lakhs compared to ₹107.94 lakhs in the previous year.

Balance Sheet Position

As of December 31, 2025, Vinyoflex maintained a strong financial position:

The company's equity base strengthened during the period, while maintaining adequate liquidity levels. Non-current investments increased substantially to ₹500.69 lakhs from ₹0.17 lakhs, indicating strategic investment decisions.

Regulatory Compliance and Governance

The financial results comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Following the Board approval, the company fulfilled its regulatory obligations by publishing the results in newspapers on February 10, 2026, as required under Regulation 47 of the SEBI regulations. Managing Director Vinod Khimji Tilva (DIN: 00275279) signed the compliance documentation confirming the newspaper publication.

The company operates primarily in PVC film manufacturing, with segment reporting not applicable as it falls within a single business segment. The results were certified by Chief Executive Officer Rahul Mansukhbbhai Patel and Chief Financial Officer Kiritkumar B Makadia, confirming the accuracy and completeness of the financial statements.