How much of the raw-material cost increase can the company pass on?

Management stated customers can absorb only 10-12% of the 22-25% raw-material price rise. The remaining 10-13% of the cost increase will directly hit the company's margins in the current quarter.

Why did the company miss its FY26 capacity target?

Installed capacity for FY26 reached only 39,000 metric tons against a guided 46,500 tons. The filing does not specify the cause of the 16% shortfall, but the pause on further expansion suggests demand is the primary concern now.

What is the outlook for margins?

Management expects EBITDA margins to recover to their historical 18-19% range by the second half of FY27. This recovery is contingent on improved utilization and fixed-cost absorption.

What happened to the company's expansion plans?

All Time Plastics has paused any capacity expansion beyond 46,000 tons. Management said it will wait for clearer demand signals before committing more capital.

Earnings · Plastic Products · Small cap

All Time Plastics can't pass on 22% cost rises. It's pausing expansion.

Customers will absorb only a fraction of the raw-material price hike, guaranteeing a Q1 margin hit. The company has shelved capacity growth pending demand.

— 3 earlier stories on All Time Plastics Ltd. →

ALLTIME By Tipsheet Editorial 25 May 2026 · 4:31 PM IST Verify on BSE · NSE

Mkt cap₹1,536 cr

P/E43.38×

ROE19.01%

Debt / eq.0.88

10-12% Portion of the 22-25% raw-material cost increase customers can absorb.

What's new

Management conceded customers can absorb only 10-12% of a 22-25% raw-material price increase.
FY26 installed capacity reached 39,000 tons, missing the 46,500-ton target by 16%.
Further capacity expansion beyond 46,000 tons is paused until demand clarity improves.

Why this matters

The admission is a direct hit to near-term profitability. A company that can't pass on costs and is now freezing its growth engine faces a classic squeeze: margins compressed, and the capacity to grow out of it is sitting idle.

What we're watching

The actual pass-through achieved in Q1 pricing versus the 10-12% customer absorption.
Whether the paused expansion restarts in FY27.
Utilization rates in coming quarters as a proxy for demand.

The full read

All Time Plastics has hit a wall on both pricing and growth. Customers will absorb just 10-12% of a 22-25% raw-material cost surge, leaving the company to swallow the rest and accept a margin hit in Q1. The squeeze is already visible. Q4 revenue slipped 1.6% to ₹145.8 crore, and EBITDA margin compressed to 14.8%. Management targets a recovery to 18-19% by H2 FY27, but that assumes better utilization and cost absorption. Meanwhile, its FY26 installed capacity landed at 39,000 tons, a 16% miss on the 46,500-ton target. Management now says it will not expand beyond 46,000 tons until demand improves. The story is simple: costs are running ahead of what customers will pay, and capacity is sitting idle.

Questions answered

How much of the raw-material cost increase can the company pass on?: Management stated customers can absorb only 10-12% of the 22-25% raw-material price rise. The remaining 10-13% of the cost increase will directly hit the company's margins in the current quarter.
Why did the company miss its FY26 capacity target?: Installed capacity for FY26 reached only 39,000 metric tons against a guided 46,500 tons. The filing does not specify the cause of the 16% shortfall, but the pause on further expansion suggests demand is the primary concern now.
What is the outlook for margins?: Management expects EBITDA margins to recover to their historical 18-19% range by the second half of FY27. This recovery is contingent on improved utilization and fixed-cost absorption.
What happened to the company's expansion plans?: All Time Plastics has paused any capacity expansion beyond 46,000 tons. Management said it will wait for clearer demand signals before committing more capital.

Mentioned: All Time Plastics Ltd. · FY26 capacity 39,000 tons vs. 46,500-ton guidance · 22-25% raw-material price increase

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

All Time Plastics Ltd.

Chemicals

₹1,610 cr

P/E 34.05×

Latest quarter · Mar 2026

Sales₹146 cr

Net profit₹9 cr

Op. margin+14.8%

EPS₹1.43

Strength & growth

Debt / equity0.88×

Current ratio1.03×

Story so far

All notes on ALLTIME →

25 May 2026 · 4:31 PM IST All Time Plastics can't pass on 22% cost rises. It's pausing expansion.
45d ago All Time Plastics reports FY26 results with audited figures
45d ago All Time Plastics profit drops 25% on labour code charges
45d ago All Time Plastics profit drops 25% on labour charges and cost pressure