Nahar Poly Films Reports Robust Q2 Performance with 35% Profit Growth

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

Particulars (Rs. in crores)	Q2 FY2026	Q2 FY2025	YoY Growth	H1 FY2026	H1 FY2025	YoY Growth
Revenue from Operations	172.30	168.58	2.21%	369.05	336.35	9.72%
Total Revenue	178.79	175.09	2.11%	378.59	344.44	9.91%
EBITDA	34.26	29.22	17.25%	65.08	45.66	42.53%
Profit Before Tax	24.07	18.42	30.67%	44.52	24.05	85.11%
Profit After Tax	17.26	12.74	35.48%	32.16	16.72	92.34%
EPS (Rs.)	7.02	5.18	35.52%	13.08	6.80	92.35%

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.23%	+1.46%	-0.02%	+41.63%	+21.20%	+285.61%

Nahar Poly Films Ltd. , a leading manufacturer of Biaxially Oriented Polypropylene (BOPP) films, has announced a significant expansion plan alongside impressive first-quarter results.

Expansion Plans

The company's Board of Directors has approved an ambitious expansion proposal to install a third BOPP film production line. This new line will add an annual production capacity of 36,000 MT, supplementing the existing capacity of 60,000 MT per annum. The expansion comes with a substantial capital outlay of approximately ₹450 crore.

Nahar Poly Films plans to finance this expansion through a combination of term loans from banks and internal accruals. The company expects the new production line to be operational within the next 2-3 years.

Rationale Behind Expansion

The decision to expand comes in response to the growing demand for BOPP films, driven by several factors:

The rise of e-commerce in the food and beverage sector
Increasing consumer awareness
Improved economic environment
Rising disposable incomes

These factors have led to increased consumption of packaged goods, which require protective packaging. BOPP films play a crucial role in this packaging ecosystem, protecting products from contamination and damage.

Q1 Financial Performance

Alongside its expansion plans, Nahar Poly Films reported strong financial results for the first quarter:

Particulars	Q1 FY2025-26	Q1 FY2024-25	YoY Change
Revenue from Operations	₹19,675.48 crore	₹16,777.52 crore	17.27% ↑
EBITDA	₹278.00 crore	₹149.00 crore	86.58% ↑
EBITDA Margin	14.12%	8.86%	526 bps ↑
Profit Before Tax	₹2,045.53 crore	₹563.47 crore	263.02% ↑
Profit After Tax	₹1,490.00 crore	₹398.02 crore	274.35% ↑

The company's performance shows significant year-on-year improvement across all key financial metrics. The EBITDA margin, in particular, saw a substantial increase of 526 basis points, reflecting enhanced operational efficiency.

Dividend Announcement

In light of the strong financial performance, the Board of Directors has recommended a dividend of ₹1 per equity share (face value ₹5) for the financial year ended March 31, 2025. The record date for dividend eligibility has been set as September 5, 2025.

Conclusion

Nahar Poly Films' expansion plan, coupled with its robust financial performance, positions the company for potential growth in the BOPP film market. As the packaging industry continues to evolve with changing consumer behaviors and e-commerce trends, the company's increased production capacity could help meet the rising demand for high-quality packaging solutions.

Investors and industry observers will be keenly watching how this expansion impacts the company's market position and financial performance in the coming years.