Shri Jagdamba Polymers Limited , a leading player in the polymer industry, has announced its financial results for the first quarter of the fiscal year 2026, showcasing robust growth across key financial metrics.

Strong Revenue Growth

The company reported a total revenue from operations of Rs 490.94 crore for Q1 FY2026, marking a significant year-over-year increase of 14.4% compared to Rs 429.13 crore in the corresponding quarter of the previous fiscal year. This substantial growth in revenue underscores the company's strong market position and effective business strategies.

Profit Expansion

Shri Jagdamba Polymers demonstrated impressive profit growth in Q1 FY2026:

• Net profit rose by 14.5% to Rs 48.08 crore, up from Rs 41.99 crore in Q1 FY2025.
• Profit before tax increased by 14.1% to Rs 64.90 crore.

Stable Margins

Despite the challenging economic environment, the company maintained stable profit margins:

• EBITDA margin stood at 13.2%, compared to 13.3% in the prior year.
• Net profit margin remained steady at 9.8%.

Improved Earnings Per Share

The company's basic earnings per share (EPS) showed notable improvement, rising to Rs 54.90 from Rs 47.95 in the previous year, reflecting enhanced shareholder value.

Financial Position

As of the latest reporting period, Shri Jagdamba Polymers holds:

| Metric | Value | |:----------------------|:--------------|| | Total reserves | Rs 291.61 crore | | Book value per share | Rs 333.55 |

Management Approval

The Board of Directors of Shri Jagdamba Polymers Limited approved these results in their meeting held on August 14, 2025, as confirmed in the company's filing with the stock exchanges.

Transparency and Compliance

In compliance with regulatory requirements, the company has published its financial results in both English and Gujarati newspapers. This adherence to transparency norms underscores Shri Jagdamba Polymers' commitment to good corporate governance practices.

The strong financial performance in Q1 FY2026 positions Shri Jagdamba Polymers Limited favorably for continued growth and value creation for its stakeholders in the coming quarters.

Shri Jagdamba Polymers Limited , a leading manufacturer of technical textiles, has announced robust financial results for the first quarter, along with several key corporate developments.

Financial Highlights

The company reported a significant increase in total income and profitability for Q1:

The company's total income for Q1 stood at ₹14,193.60 lakhs, marking a 15.09% increase from ₹12,332.91 lakhs in the same quarter last year. Net profit after tax saw a substantial rise of 35.50%, reaching ₹1,291.55 lakhs compared to ₹953.17 lakhs in the previous year's Q1.

Exceptional Item

The Q1 results include an exceptional item of ₹285.82 lakhs, representing proceeds received from an insurance company against full and final settlement of a claim. This contributed to the overall increase in profitability for the quarter.

Dividend Announcement

The Board of Directors has recommended a final dividend of ₹0.75 per equity share (75%) for the financial year. This dividend is subject to approval by shareholders at the ensuing Annual General Meeting.

Change in Statutory Auditors

The company announced the resignation of its statutory auditors, M/s. S V J K and Associates, Chartered Accountants (FRN: 135182W). The auditors cited a busy schedule and heavy workload as reasons for their resignation.

The Board has approved the appointment of M/s. Jain K S and Associates, Chartered Accountants (FRN: 160810W), as the new statutory auditors of the company. This appointment is subject to shareholder approval at the upcoming General Meeting.

Segment Performance

Shri Jagdamba Polymers continues to operate in a single primary segment, focusing on the manufacturing of technical textiles. The company's performance in this segment has been strong, with manufactured goods contributing ₹13,768.39 lakhs to the total income in Q1.

Consolidated Results

On a consolidated basis, which includes the results of its subsidiary Global Polyweave Private Limited, the company reported a total income of ₹14,189.89 lakhs and a net profit after tax of ₹1,236.41 lakhs for Q1.

The company's strong financial performance, coupled with strategic corporate actions, positions Shri Jagdamba Polymers for continued growth in the technical textiles sector. Investors and stakeholders will be keenly watching the company's future developments and the impact of the new auditor appointment on its financial reporting processes.