Why did net profit fall despite higher revenue?

Profit was hit by a ₹4.37 crore exceptional charge related to the implementation of new government labour codes.

Did the company declare a dividend?

No, the board decided not to recommend a dividend to conserve capital for growth.

Earnings · Plastic Products · Small cap

All Time Plastics profit drops 25% on labour code charges

Revenue grew 9.4% to ₹610.5 crore, but the company skipped a dividend to preserve cash for growth.

— 3 earlier stories on All Time Plastics Ltd. →

ALLTIME By Tipsheet Editorial 22 May 2026 · 9:47 PM IST Verify on BSE · NSE

Mkt cap₹1,536 cr

P/E43.38×

ROE19.01%

Debt / eq.0.88

₹35.4 cr Consolidated net profit for FY26, a 25% decline year-on-year.

What's new

Annual revenue climbed 9.4% to ₹610.5 cr.
Profit fell 25% to ₹35.4 cr after a ₹4.37 cr hit from new labour code provisions.
The board decided against a dividend for the year to fund expansion.

Why this matters

The gap between rising revenue and falling profits demonstrates how regulatory costs erode margin. Shareholders get zero payout. The company chooses cash retention over immediate returns.

What we're watching

Whether the labour code charge is a one-time adjustment.
Evidence of organic growth from the capital retained.
Stability in margins in the next quarterly results.

The full read

All Time Plastics grew its top line by 9.4% in FY26 to ₹610.5 crore. Momentum stopped there. Consolidated net profit slipped 25% to ₹35.4 crore because of a ₹4.37 crore charge tied to new labour code compliance.

Auditors issued an unmodified opinion on all statements. The board skipped a dividend for the year to keep cash on the books for expansion. This decision prioritizes internal investment over shareholder returns. With these regulatory costs now recorded, the company must convert its ₹610.5 crore revenue base into recovering margins in FY27 to prove this capital retention was worth the trade-off. It is the only way forward.

Questions answered

Why did net profit fall despite higher revenue?: Profit was hit by a ₹4.37 crore exceptional charge related to the implementation of new government labour codes.
Did the company declare a dividend?: No, the board decided not to recommend a dividend to conserve capital for growth.

Mentioned: All Time Plastics · FY2026

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 →

22 May 2026 · 9:47 PM IST All Time Plastics profit drops 25% on labour code charges
48d ago All Time Plastics can't pass on 22% cost rises. It's pausing expansion.
50d ago All Time Plastics reports FY26 results with audited figures
50d ago All Time Plastics profit drops 25% on labour charges and cost pressure