All Time Plastics Limited, a leading manufacturer of plastic-based articles, has announced its financial results for the second quarter of fiscal year 2026, showcasing impressive growth and strategic expansion.

Strong Financial Performance

The company reported a substantial increase in its consolidated revenue from operations, which surged to ₹14,740.38 crore in Q2 FY26, compared to ₹3,376.75 crore in the corresponding quarter of the previous year, marking a remarkable 4.3x growth. This significant revenue boost demonstrates the company's strong market position and effective growth strategies.

Profit and Profitability

Despite the substantial revenue growth, All Time Plastics experienced a slight dip in net profit, which stood at ₹4,217.74 crore for Q2 FY26, compared to ₹4,284.65 crore in the same period last year. This marginal decrease in profit amidst significant revenue growth may indicate increased operational costs or strategic investments for future growth.

Key Financial Highlights for Q2 FY26

Successful Initial Public Offering

A significant milestone for All Time Plastics was the completion of its Initial Public Offering (IPO) during the quarter. The company issued 14,570,760 equity shares at ₹275 per share, which included a fresh issue of 10,185,198 shares. The IPO raised funds for debt repayment, equipment purchase for the Manekpur facility, and general corporate purposes. The equity shares were listed on both the National Stock Exchange of India Limited (NSE) and BSE Limited on August 14, 2025.

Strategic Expansion

All Time Plastics incorporated All Time Bamboo Private Limited as a wholly-owned subsidiary during the quarter. This strategic initiative suggests the company's intent to explore sustainable alternatives and expand its market presence.

Conclusion

All Time Plastics Limited's Q2 FY26 results reflect a company in a strong growth phase, with significant revenue expansion and strategic initiatives underway. The successful IPO and the incorporation of a new subsidiary demonstrate the company's ambition and forward-looking approach. However, the slight dip in net profit amidst substantial revenue growth warrants attention and may be an area for the company to address in coming quarters.

Investors and market watchers will likely keep a close eye on how All Time Plastics leverages its recent capital raise and new ventures to drive sustainable growth and profitability in the competitive plastic manufacturing sector.

All Time Plastics Limited has released its financial results for the second quarter, revealing a mixed performance with revenue growth but a decline in profitability.

Revenue Growth Amid Profit Squeeze

The plastic products manufacturer reported a revenue of ₹14,740.38 crore for Q2, marking a 12.5% increase from ₹13,104.34 crore in the same quarter last year. However, the company's consolidated net profit saw a significant decline, dropping to ₹408.86 crore from ₹1,341.83 crore year-over-year, representing a 69.5% decrease.

Financial Highlights

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to ₹1,777.53 crore, down from ₹2,646.23 crore in the previous year, with the EBITDA margin contracting to 12.1% from 20.2%.

Operational Performance

All Time Plastics faced challenges in maintaining its profit margins despite the revenue growth. The cost of materials consumed increased to ₹9,376.84 crore, up from ₹8,987.89 crore in the same quarter last year, indicating potential pressure on input costs.

Balance Sheet Position

As of September 30, 2025, All Time Plastics reported total assets of ₹82,316.15 crore. The company's equity share capital stood at ₹1,310.16 crore, with other equity at ₹58,137.48 crore, indicating a robust equity base.

Recent Developments

All Time Plastics completed its Initial Public Offer (IPO) during the quarter, listing on both the National Stock Exchange of India Limited and BSE Limited on August 14, 2025. The IPO comprised a fresh issue of shares and an offer for sale by existing shareholders.

Conclusion

While All Time Plastics has demonstrated strong revenue growth, the significant decline in profitability may be a concern for investors. The company's ability to manage costs and improve margins in the coming quarters will be crucial for its financial performance going forward.