Wim Plast Reports Q3FY26 Results: Revenue ₹8,325.12L, Net Profit ₹1,272.39L
Wim Plast Limited announced Q3FY26 financial results with revenue of ₹8,325.12 lakhs and net profit of ₹1,272.39 lakhs. The company's nine-month performance showed revenue of ₹25,745.28 lakhs with profit of ₹4,210.92 lakhs, alongside board leadership changes and corporate office relocation.
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Wim Plast Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, following the board meeting held on February 14, 2026. The company reported quarterly revenue of ₹8,325.12 lakhs and net profit of ₹1,272.39 lakhs, demonstrating stable operational performance despite challenging market conditions.
Q3FY26 Financial Performance
The company's quarterly results showed revenue from operations of ₹8,325.12 lakhs compared to ₹9,307.72 lakhs in the corresponding quarter of the previous year. Net profit for the quarter stood at ₹1,272.39 lakhs against ₹1,348.56 lakhs in Q3FY25.
| Financial Metrics: | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹8,325.12L | ₹9,307.72L | -10.56% |
| Total Income: | ₹9,124.05L | ₹9,904.71L | -7.88% |
| Net Profit: | ₹1,272.39L | ₹1,348.56L | -5.65% |
| Basic EPS: | ₹10.60 | ₹11.23 | -5.61% |
Nine-Month Performance Overview
For the nine months ended December 31, 2025, Wim Plast achieved revenue from operations of ₹25,745.28 lakhs compared to ₹26,161.65 lakhs in the corresponding period of the previous year. The company maintained profitability with net profit of ₹4,210.92 lakhs against ₹4,690.70 lakhs in the previous year.
| Nine-Month Metrics: | FY26 (9M) | FY25 (9M) | Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹25,745.28L | ₹26,161.65L | -1.59% |
| Total Income: | ₹28,268.13L | ₹28,758.86L | -1.71% |
| Net Profit: | ₹4,210.92L | ₹4,690.70L | -10.23% |
| Basic EPS: | ₹35.08 | ₹39.08 | -10.24% |
Segment-wise Revenue Analysis
The company's primary business segment, Plastics, Furniture & allied products, generated revenue of ₹8,312.03 lakhs in Q3FY26 compared to ₹9,102.14 lakhs in Q3FY25. The Moulds segment contributed ₹13.09 lakhs during the quarter.
| Segment Performance: | Q3FY26 | Q3FY25 | Nine Months FY26 |
|---|---|---|---|
| Plastics & Furniture: | ₹8,312.03L | ₹9,102.14L | ₹25,164.39L |
| Moulds: | ₹13.09L | ₹205.59L | ₹580.89L |
| Total Revenue: | ₹8,325.12L | ₹9,307.73L | ₹25,745.28L |
Exceptional Items and Key Highlights
The company recorded an exceptional item of ₹70.01 lakhs during the quarter, representing incremental provision towards Gratuity liability due to actuarial valuations considering the New Labour Codes effective November 21, 2025. This provision was disclosed separately considering its materiality and non-recurring nature.
Board Leadership Changes and Corporate Governance
Alongside the financial results, the board approved significant leadership changes with Mr. Sudhakar L. Mondkar's retirement as Independent Director effective March 7, 2026, and the appointment of Mr. Ramesh F. Ranka as Independent Director from March 8, 2026. The company also ratified the relocation of its corporate office to 17th Floor, Cello Corporate Annexe, Sonawala Road, Goregaon East, Mumbai, effective February 6, 2026.
| Corporate Changes: | Details |
|---|---|
| New Independent Director: | Mr. Ramesh F. Ranka (from March 8, 2026) |
| Retiring Director: | Mr. Sudhakar L. Mondkar (March 7, 2026) |
| New Corporate Office: | 17th Floor, Cello Corporate Annexe, Mumbai |
| Paid-up Equity Capital: | ₹1,200.34L |
The financial results were reviewed by the Audit Committee and approved by the Board of Directors, with statutory auditor Jeswani & Rathore conducting a limited review of the quarterly and nine-month results.
Historical Stock Returns for Wim Plast
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.98% | -4.55% | -11.58% | -26.57% | -22.39% | -14.48% |
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