Vinyoflex Limited, a PVC film manufacturer, announced its unaudited financial results for the third quarter ended December 31, 2025, showing a decline in profitability compared to the previous year. The Board of Directors approved these results in their meeting held on February 09, 2026, with statutory auditors M/s. Bhavin Associates providing the limited review report.

Q3FY26 Financial Performance

The company's quarterly performance reflected challenging market conditions with key metrics showing year-on-year declines:

Despite the revenue decline, the company managed to maintain reasonable profitability margins through effective cost management. Total expenses decreased to ₹847.95 lakhs from ₹1,073.43 lakhs in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Vinyoflex demonstrated resilience with relatively stable performance:

The nine-month results indicate better overall performance management, with the company maintaining profitability levels despite revenue pressures.

Cost Structure and Operational Efficiency

The company's cost management initiatives showed positive results during Q3FY26:

• Cost of Material Consumed: Decreased to ₹721.67 lakhs from ₹935.29 lakhs (YoY)
• Employee Benefits Expense: Increased to ₹66.56 lakhs from ₹56.94 lakhs (YoY)
• Finance Costs: Reduced significantly to ₹0.67 lakhs from ₹1.90 lakhs (YoY)
• Other Expenses: Declined to ₹120.63 lakhs from ₹172.24 lakhs (YoY)

The company benefited from favorable inventory changes, recording a positive impact of ₹75.58 lakhs compared to ₹107.94 lakhs in the previous year.

Balance Sheet Position

As of December 31, 2025, Vinyoflex maintained a strong financial position:

The company's equity base strengthened during the period, while maintaining adequate liquidity levels. Non-current investments increased substantially to ₹500.69 lakhs from ₹0.17 lakhs, indicating strategic investment decisions.

Regulatory Compliance and Governance

The financial results comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Following the Board approval, the company fulfilled its regulatory obligations by publishing the results in newspapers on February 10, 2026, as required under Regulation 47 of the SEBI regulations. Managing Director Vinod Khimji Tilva (DIN: 00275279) signed the compliance documentation confirming the newspaper publication.

The company operates primarily in PVC film manufacturing, with segment reporting not applicable as it falls within a single business segment. The results were certified by Chief Executive Officer Rahul Mansukhbbhai Patel and Chief Financial Officer Kiritkumar B Makadia, confirming the accuracy and completeness of the financial statements.

Vinyoflex Limited , a leading player in the PVC Film business segment, has announced its unaudited financial results for the quarter ended September 30, 2025. The company's performance showcases strong revenue growth and improved profitability compared to the previous year.

Financial Highlights

Key Takeaways

1. Revenue Growth: Vinyoflex Limited reported a total revenue of Rs. 1005.18 lakhs for Q2 FY2026, marking a significant increase of 10.68% compared to Rs. 908.21 lakhs in the same quarter of the previous year.

2. Profit Surge: The company's net profit for the quarter stood at Rs. 60.02 lakhs, nearly doubling from Rs. 30.46 lakhs in Q2 FY2025, representing a remarkable growth of 97.05% year-over-year.

3. Improved Profitability: The substantial increase in net profit, outpacing revenue growth, indicates improved operational efficiency and cost management by the company.

4. Earnings Per Share: The Basic and Diluted Earnings Per Share (EPS) for Q2 FY2026 rose to Rs. 1.39, up from Rs. 0.71 in the corresponding quarter of the previous year, reflecting the company's enhanced profitability.

5. Cash Position: As of September 30, 2025, Vinyoflex Limited's cash and cash equivalents stood at Rs. 1209.12 lakhs, showing a significant improvement from Rs. 706.06 lakhs as of March 31, 2025.

6. Trade Receivables: The company's trade receivables decreased to Rs. 1034.69 lakhs from Rs. 1272.20 lakhs, indicating improved collection efficiency.

Management Certification

The financial results were reviewed and approved by the Board of Directors in a meeting held on November 12, 2025. Shri Rahul Mansukhbhai Patel, Director and CEO, and Shri Kiritbhai B. Makadia, CFO, have certified that the unaudited financial results do not contain any false or misleading statements and do not omit any material facts.

Conclusion

Vinyoflex Limited's Q2 FY2026 results demonstrate robust growth in revenue and profitability, reflecting the company's strong performance in the PVC Film business segment. The significant improvement in net profit and cash position suggests effective cost management and operational efficiency. As the company continues to strengthen its financial position, investors and stakeholders may look forward to sustained growth in the coming quarters.

Note: The financial results presented are unaudited and subject to limited review by the statutory auditors, M/s. Bhavin Associates, Chartered Accountants.