Shri Jagdamba Polymers Limited has released its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The technical textiles manufacturer reported mixed performance with quarterly profits declining year-on-year while maintaining strong nine-month profitability.

Standalone Financial Performance

The company's standalone operations showed a decline in quarterly profitability compared to the previous year. Net profit for Q3FY26 stood at ₹830.91 lakhs, representing a decrease from ₹1,366.52 lakhs reported in Q3FY25.

Revenue Breakdown

The company's revenue composition for the quarter included manufactured goods contributing ₹6,177.10 lakhs compared to ₹11,190.18 lakhs in the previous year quarter. Traded goods generated ₹259.13 lakhs versus ₹283.52 lakhs in Q3FY25. Other income remained relatively stable at ₹157.38 lakhs.

Consolidated Results

On a consolidated basis, which includes subsidiary Global Polyweave Private Limited, the company reported a net profit of ₹775.48 lakhs for Q3FY26. The consolidated nine-month profit reached ₹2,750.21 lakhs with basic earnings per share of ₹31.40.

Notable Financial Items

The company benefited from an exceptional item of ₹285.82 lakhs during the nine-month period, representing proceeds from insurance settlement against stock loss claims. Finance costs showed a negative balance due to the reversal of previously recognized interest expenses following a favorable order from competent authorities regarding customs duty interest.

Corporate Governance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 14, 2026. The statutory auditors conducted a limited review of the quarterly results. The company operates primarily in the technical textiles manufacturing segment and maintains its paid-up equity share capital at ₹87.58 lakhs with a face value of ₹1 per share.

Shri Jagdamba Polymers Ltd , a leading manufacturer of technical textiles, has reported a mixed bag of results for the second quarter. The company demonstrated improved profitability despite a decline in revenue, showcasing its ability to maintain operational efficiency in challenging market conditions.

Financial Highlights

Revenue Decline and Profit Growth

Shri Jagdamba Polymers experienced a 17.6% year-over-year decline in revenue, which dropped to 1.03 billion rupees from 1.25 billion rupees in the same quarter last year. However, the company managed to increase its net profit by 15.9% to 0.10 billion rupees, up from 0.09 billion rupees in the corresponding period.

Improved Operational Efficiency

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw an 11.2% increase, reaching 0.18 billion rupees compared to 0.16 billion rupees in the previous year. More notably, the EBITDA margin expanded significantly to 17.35% from 12.91%, representing a substantial improvement of 444 basis points.

Management's Perspective

While the company has not provided specific comments on the results, the significant improvement in EBITDA margin suggests successful cost management and operational efficiency measures. These efforts have allowed Shri Jagdamba Polymers to enhance profitability despite the challenging revenue environment.

Market Implications

The company's ability to improve profitability in the face of revenue headwinds may be viewed positively by investors. It demonstrates the management's capability to navigate market challenges and maintain financial health. However, the decline in revenue might raise questions about market demand and the company's growth prospects in the near term.

Looking Ahead

As Shri Jagdamba Polymers moves forward, stakeholders will likely be watching for any signs of revenue recovery while hoping for continued efficiency in operations. The company's performance in the coming quarters will be crucial in determining whether it can maintain its improved profitability levels and potentially return to revenue growth.

Investors and analysts may look for more detailed information in the company's future communications regarding strategies to address the revenue decline and sustain the improved margins achieved in this quarter.