Ambitious Plastomac profit up 92% in FY26, but Q4 revenue falls 20%
Annual results show strong growth from a low base, but negative net worth of ₹632.53 lakhs and ongoing tax disputes remain concerns.
— 1 earlier story on Ambitious Plastomac Company Ltd. →What's new
- Annual revenue rose 66% to ₹1,109.62 lakhs for FY26.
- Annual net profit jumped 92% to ₹15.19 lakhs.
- Q4 revenue declined 20% YoY and net profit fell 44% YoY.
Why this matters
The improvement in annual numbers is welcome but comes off a very low base. The sharp Q4 slowdown and persistent negative net worth of ₹632.53 lakhs indicate the company is still financially strained. Auditor's emphasis on income tax litigations adds to the risk profile.
What we're watching
- Whether the Q4 dip is seasonal or signals a broader trend.
- Outcome of ongoing income tax litigations.
- Any steps to reduce negative net worth in coming quarters.
The full read
Ambitious Plastomac closed FY26 with a 66% rise in revenue to ₹1,109.62 lakhs and a 92% jump in net profit to ₹15.19 lakhs. But the fourth quarter told a different story: revenue fell 20% year-on-year to ₹429.78 lakhs and profit halved. The balance sheet remains a concern — other equity stands at negative ₹632.53 lakhs, meaning liabilities exceed assets. Auditors have flagged ongoing income tax litigations with uncertain outcomes. The annual growth is genuine but from a very low base; the underlying financial position is still weak. For a company with negative net worth, profitability must be sustained at much higher levels to repair the balance sheet. The quarterly volatility adds uncertainty.
Story so far
All notes on AMBIT →- Today · 9:05 PM IST Ambitious Plastomac profit up 92% in FY26, but Q4 revenue falls 20%
- 4d ago Ambitious Plastomac revenue jumps 66% in FY26, but Q4 slips 20%