Nahar Poly Films Limited delivered strong financial performance in Q3FY26, reporting a remarkable 147% year-on-year growth in net profit despite marginal revenue decline. The BOPP films manufacturer announced its unaudited financial results for the quarter ended December 31, 2025, showcasing improved operational efficiency and profitability.

Financial Performance Overview

The company's quarterly performance demonstrated significant improvement across key profitability metrics:

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, Nahar Poly Films maintained strong momentum with substantial growth in both revenue and profitability:

Cost Management and Operational Efficiency

The company demonstrated effective cost management during the quarter. Cost of materials consumed decreased to ₹11,150.41 lakhs from ₹12,032.37 lakhs in the previous year, reflecting improved procurement strategies. Employee benefits expense increased to ₹815.22 lakhs from ₹691.93 lakhs, while finance costs declined significantly to ₹187.15 lakhs from ₹245.27 lakhs, indicating better financial management.

Consolidated Results Performance

On a consolidated basis, including its associate company Nahar Capital and Financial Services Limited, the company reported even stronger performance. Consolidated net profit after share of associates reached ₹1,932.50 lakhs for Q3FY26 compared to ₹751.42 lakhs in the corresponding quarter of the previous year. The consolidated earnings per share improved to ₹7.85 from ₹3.06.

Corporate Governance and Regulatory Compliance

The Board of Directors approved these unaudited financial results in their meeting held on February 7, 2026, which commenced at 2:00 PM and concluded at 5:15 PM. The results were reviewed by the Audit Committee and subsequently approved by the Board. YAPL & Co., Chartered Accountants, Ludhiana, conducted the limited review of the financial statements. The company submitted these results to BSE (Scrip Code: 523391) and NSE (Symbol: NAHARPOLY) under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Business Segment Focus

Nahar Poly Films operates exclusively in the BOPP Films segment, maintaining its specialization in this area. The company's paid-up equity share capital remains stable at ₹1,229.40 lakhs with a face value of ₹5 per share. The focused business approach has enabled the company to achieve significant operational improvements and profitability growth during the reporting period.

Nahar Poly Films Limited , a leading manufacturer of BOPP (Biaxially Oriented Polypropylene) films, has announced its financial results for the second quarter and half-year ended September 30, 2025, showcasing strong performance and growth.

Key Financial Highlights

Quarterly Performance

Nahar Poly Films demonstrated resilience in the second quarter of FY2026, with revenue from operations reaching Rs. 172.30 crores, a 2.21% increase from Rs. 168.58 crores in the corresponding quarter of the previous year. The company's profit after tax saw a significant jump of 35.48%, rising to Rs. 17.26 crores from Rs. 12.74 crores in Q2 FY2025.

Half-Yearly Results

For the first half of FY2026, Nahar Poly Films reported impressive growth across all financial parameters:

• Revenue from operations surged by 9.72% to Rs. 369.05 crores.
• Total revenue increased by 9.91% to Rs. 378.59 crores.
• EBITDA showed remarkable growth of 42.53%, reaching Rs. 65.08 crores.
• Profit before tax grew by 85.11% to Rs. 44.52 crores.
• Profit after tax witnessed an exceptional increase of 92.34%, amounting to Rs. 32.16 crores.

Operational Highlights

The company continues to focus on its core business of BOPP film manufacturing. The consistent growth in revenue and profitability reflects the company's strong market position and operational efficiency.

Financial Position

As of September 30, 2025, Nahar Poly Films maintains a robust financial position:

• Total assets stood at Rs. 665.83 crores, up from Rs. 626.97 crores as of March 31, 2025.
• The company's equity share capital remained stable at Rs. 12.57 crores.
• Other equity increased to Rs. 497.27 crores from Rs. 468.10 crores at the end of the previous fiscal year, indicating retained earnings and overall financial strength.

Conclusion

Nahar Poly Films Limited has delivered a strong performance in Q2 and H1 of FY2026, with substantial growth in profitability despite moderate revenue growth. The company's focus on its core BOPP film business and improved operational efficiencies appear to be yielding positive results. The significant improvement in profitability metrics suggests effective cost management and possibly favorable market conditions for BOPP films.

Investors and stakeholders may find encouragement in the company's ability to enhance profitability in a competitive market environment. However, it's important to consider broader market conditions and industry trends when evaluating the company's future prospects.