Nahar Poly Films Ltd. , a leading manufacturer of BOPP (Biaxially Oriented Polypropylene) films, has announced robust financial results for the first quarter ended June 30, alongside an ambitious expansion plan to meet growing market demand.

Strong Financial Performance

The company reported a significant increase in both revenue and profitability for Q1:

• Revenue from operations surged to Rs 196.75 crore, marking a 17.30% increase from Rs 167.78 crore in the same quarter last year.
• Profit for the quarter reached Rs 14.90 crore compared to Rs 3.98 crore in the previous year's corresponding quarter, representing a 274.37% year-on-year increase.

This growth reflects Nahar Poly Films' strong market position, increasing demand for its products, and improved operational efficiency.

Expansion Plan: Boosting Capacity

Nahar Poly Films' Board of Directors has approved a major expansion proposal to capitalize on the growing demand for BOPP films. The plan involves adding a third BOPP film production line with an annual capacity of 36,000 MT, requiring an investment of approximately Rs 450 crore.

Key details of the expansion plan include:

Market Outlook and Rationale

The company cites several factors driving the demand for packaged goods and BOPP films:

• Rise of e-commerce in food and beverages
• Increased consumer awareness
• Improved economic environment
• Higher disposable incomes

This expansion is expected to meet the rising demand and allow the company to benefit from economies of scale, potentially improving its competitive position in the market.

Corporate Governance and Shareholder Updates

• The 37th Annual General Meeting (AGM) is scheduled for September 25, to be held through video conferencing.
• September 5 has been set as the record date for dividend payment.

Conclusion

Nahar Poly Films' strong Q1 performance and ambitious expansion plans signal confidence in the BOPP film market's growth potential. As the company moves forward with its capacity enhancement, investors and industry observers will be keenly watching how this strategic move impacts its market position and financial performance in the coming years.

Nahar Poly Films , a leading manufacturer in the packaging industry, has announced a significant board meeting scheduled for July 31, 2025. The meeting agenda includes two major items that could potentially impact the company's future growth and financial performance.

Quarterly Results Review

The board of directors will convene to approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2025. This routine quarterly review will provide investors and stakeholders with insights into the company's financial performance for the first quarter of the fiscal year.

Ambitious Expansion Plan

In a move that signals confidence in market demand and the company's growth prospects, Nahar Poly Films will consider an ambitious expansion plan during the upcoming board meeting. The plan involves:

• Installation of a third BOPP (Biaxially Oriented Polypropylene) films production line
• Annual production capacity increase of 36,000 MT
• Estimated capital investment of approximately Rs. 450.00 crores

The company plans to finance this significant expansion through a combination of term loans and internal accruals, demonstrating a balanced approach to funding its growth initiatives.

Financial Implications

The proposed expansion represents a substantial investment for Nahar Poly Films. Here's a breakdown of the financial aspects:

This strategic move could potentially enhance the company's production capabilities and market position in the BOPP films segment.

Trading Window Closure

In compliance with SEBI regulations, Nahar Poly Films has implemented a trading window closure:

• Closure period: July 1, 2025, until 48 hours after the financial results declaration
• Purpose: To prevent insider trading and ensure fair disclosure of quarterly results

The company has emphasized its commitment to regulatory compliance and transparent communication with its stakeholders.

Investors and market analysts will be closely watching the outcome of this board meeting, as it could significantly influence Nahar Poly Films' future trajectory in the packaging industry. The expansion plan, if approved, may position the company for increased market share and potentially improved financial performance in the coming years.