Tainwala Chemicals & Plastics (India) Limited has announced its financial results for the second quarter ended September 30, revealing a mixed performance with a significant boost in profitability despite a decline in revenue.

Financial Highlights

Revenue and Profitability

The company's income from operations for Q2 FY2026 stood at Rs 540.90 lakhs, marking an 8.79% increase from Rs 497.18 lakhs in the corresponding quarter of the previous year. The total income, including other income, rose significantly by 19.74% to Rs 1,047.13 lakhs.

Tainwala Chemicals demonstrated robust profit growth, with profit before tax surging by 47.99% to Rs 527.63 lakhs, compared to Rs 356.53 lakhs in Q2 FY2025. The profit after tax also saw a healthy increase of 13.50%, reaching Rs 387.63 lakhs.

Segment Performance

The company operates in two segments: Plastic Sheets and Tradable Items. For Q2 FY2026:

• Plastic Sheets segment revenue: Rs 80.15 lakhs
• Tradable Items segment revenue: Rs 460.75 lakhs

The Tradable Items segment emerged as the primary revenue driver for the quarter.

Balance Sheet Strength

As of September 30, Tainwala Chemicals reported total assets of Rs 18,843.08 lakhs, with a strong equity base of Rs 17,202.82 lakhs. The company's financial position appears robust with minimal current liabilities of Rs 99.14 lakhs.

Other Comprehensive Income

It's noteworthy that the company reported a significant other comprehensive loss of Rs 748.52 lakhs for the quarter, primarily due to a loss of Rs 869.62 lakhs on equity instruments through other comprehensive income. This resulted in a total comprehensive loss of Rs 360.89 lakhs for the period, despite the strong operational profit.

Conclusion

Tainwala Chemicals & Plastics (India) Limited has demonstrated resilience in its core operations with improved profitability. However, the impact of market volatility on its investment portfolio, as reflected in the other comprehensive income, has affected the overall financial picture for the quarter. Investors and stakeholders may want to closely monitor the company's investment strategies and operational performance in the coming quarters.

Tainwala Chemicals & Plastics has reported a significant improvement in its financial performance for the quarter ended June 30, 2025. The company's board of directors, in a meeting held on August 5, 2025, approved the unaudited financial results and made several key announcements.

Financial Highlights

The company's profit for the quarter saw a remarkable increase of 256%, reaching ₹281.23 crore compared to ₹78.91 crore in the same quarter of the previous year. This substantial growth in profitability comes alongside a 75% increase in total income, which rose to ₹409.58 crore from ₹233.68 crore year-over-year.

The earnings per share (EPS) also showed significant improvement, jumping to ₹3.00 from ₹0.84 in the corresponding quarter of the previous year.

Segment Performance

Tainwala Chemicals operates in two segments: Plastic Sheets and Tradable Items. For the quarter ended June 30, 2025:

While the Plastic Sheets segment showed positive results, the Tradable Items segment reported a loss.

Dividend Declaration

In light of the strong financial performance, the board of directors has declared an interim dividend of ₹3 per equity share, which represents 30% on the face value of ₹10 per share. The record date for this dividend is set as August 11, 2025, and it will be credited or dispatched to eligible shareholders within 30 days of the declaration.

Annual General Meeting

The company has scheduled its 40th Annual General Meeting (AGM) for September 18, 2025, to be held via video conferencing or other audio-visual means. The Register of Members and Share Transfer Books will remain closed from September 12, 2025, to September 18, 2025 (both days inclusive) for the purpose of the AGM.

Other Key Decisions

The board has approved the appointment of Mr. Malay M Shah, a Practicing Company Secretary, as the Scrutinizer for remote e-voting and e-voting during the upcoming AGM.

Additionally, subject to shareholder approval, the board has given the green light for a charitable contribution of ₹50 lakh to the Central Hindu Military Education Society, Nashik.

Conclusion

Tainwala Chemicals & Plastics' strong financial results for Q1 FY2025-26, coupled with the declaration of an interim dividend, reflect the company's robust performance and commitment to shareholder returns. The significant increase in profitability and total income indicates a positive trajectory for the company in the current fiscal year.