Pankaj Polymers Reports 85% Decline in Q3FY26 Net Profit to ₹2.09 Lakh
Pankaj Polymers Limited reported a sharp 85% decline in net profit to ₹2.09 lakh for Q3FY26, with revenue from operations dropping to zero. Despite quarterly challenges, the nine-month performance showed remarkable improvement with ₹209.85 lakh profit against previous year's ₹12.00 lakh loss. The company also appointed Ms. Nupur Garg as Company Secretary effective January 10, 2026.

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Pankaj Polymers Limited announced its unaudited financial results for the quarter ended December 31, 2025, revealing a significant decline in quarterly performance. The company's net profit dropped substantially to ₹2.09 lakh in Q3FY26, marking an 85% decrease from the previous quarter's robust performance of ₹225.07 lakh.
Financial Performance Overview
The company's quarterly results showed mixed signals across different metrics. While the current quarter witnessed a sharp decline, the nine-month cumulative performance demonstrated a remarkable turnaround compared to the previous year.
| Metric | Q3FY26 | Q2FY26 | Q3FY25 | Change (QoQ) | Change (YoY) |
|---|---|---|---|---|---|
| Revenue from Operations | ₹0.00 lakh | ₹26.76 lakh | ₹32.95 lakh | -100% | -100% |
| Other Income | ₹19.13 lakh | ₹230.53 lakh | ₹19.74 lakh | -91.7% | -3.1% |
| Total Income | ₹19.14 lakh | ₹257.29 lakh | ₹52.69 lakh | -92.6% | -63.7% |
| Net Profit | ₹2.09 lakh | ₹225.07 lakh | ₹-0.29 lakh | -99.1% | +820.7% |
Revenue Analysis
The most striking aspect of the quarterly results was the complete absence of revenue from operations, which stood at zero compared to ₹26.76 lakh in the previous quarter and ₹32.95 lakh in the corresponding quarter of the previous year. This represents a 100% decline in operational revenue both quarter-on-quarter and year-on-year.
Other income also witnessed a significant contraction, falling to ₹19.13 lakh from ₹230.53 lakh in Q2FY26, though it remained relatively stable compared to ₹19.74 lakh in Q3FY25. The total income for the quarter declined by 92.6% quarter-on-quarter to ₹19.14 lakh.
Nine-Month Performance Highlights
Despite the challenging quarterly performance, the nine-month results painted a more optimistic picture. The company achieved a significant turnaround with a net profit of ₹209.85 lakh for the nine months ended December 31, 2025, compared to a loss of ₹12.00 lakh in the corresponding period of the previous year.
| Parameter | 9M FY26 | 9M FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹72.73 lakh | ₹63.70 lakh | +14.2% |
| Other Income | ₹268.67 lakh | ₹58.36 lakh | +360.4% |
| Total Income | ₹341.41 lakh | ₹122.06 lakh | +179.7% |
| Net Profit/(Loss) | ₹209.85 lakh | ₹-12.00 lakh | Positive turnaround |
Expense Management
Total expenses for Q3FY26 were controlled at ₹17.05 lakh, significantly lower than the previous quarter's ₹45.24 lakh. The major expense components included other expenses at ₹11.39 lakh, employee benefits at ₹3.38 lakh, and finance costs at ₹2.26 lakh. The absence of raw material costs aligned with the zero operational revenue, indicating minimal manufacturing activity during the quarter.
Corporate Developments
Alongside the financial results, Pankaj Polymers announced the appointment of Ms. Nupur Garg as Company Secretary & Compliance Officer with effect from January 10, 2026. The Board of Directors approved both the quarterly results and this key appointment during their meeting held on January 10, 2026.
Key Financial Metrics
The company maintained its paid-up equity share capital at ₹554.39 lakh with a face value of ₹10 per share. Earnings per share for Q3FY26 stood at ₹0.04, compared to ₹4.06 in the previous quarter and negative ₹0.01 in Q3FY25. For the nine-month period, EPS improved significantly to ₹3.79 compared to negative ₹0.22 in the corresponding period last year.
Historical Stock Returns for Pankaj Polymers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | +21.19% | +153.26% | +171.08% | +220.94% | +1,330.47% |


































