Tipsheet
What matters at India’s listed companies
Earnings · Trading · Micro cap

AMS Polymers grows revenue 8.5% but profit stays flat

Costs rose in lockstep with sales at the nano-cap polymer company, leaving the bottom line unchanged.

3 earlier stories on AMS Polymers Ltd.
Mkt cap₹14.56 cr
P/E18.48×
ROE14.71%
Debt / eq.2.85
₹10,959.75 lacs FY2026 revenue, up ~8.5% year-on-year.

What's new

  • FY2026 revenue grew ~8.5% to ₹10,959.75 lacs from ₹10,096.36 lacs.
  • Net profit was nearly flat at ₹78.84 lacs versus ₹77.02 lacs.
  • Board appointed an internal auditor for the new fiscal year.

Why this matters

Revenue grew, profit didn't. For a company with a ₹24 crore market cap, that means new sales were fully consumed by higher costs. The filing gives no reason.

What we're watching

  • Whether the new internal auditor flags any control issues.
  • If profit growth follows the revenue trend in coming quarters.
  • Any movement in promoter holding post-results.

The full read

AMS Polymers, a ₹24 crore market-cap company, grew revenue ~8.5% in FY2026. Top-line reached ₹10,959.75 lacs, up from ₹10,096.36 lacs. Profit was flat. Net profit was ₹78.84 lacs, versus ₹77.02 lacs a year earlier. Costs grew in lockstep with sales. The only other action was the routine appointment of an internal auditor. This is a nano-cap with steady growth and no surprises.

Questions answered

How much did AMS Polymers' profit change in FY26?
Net profit rose 2.3% to ₹78.84 lacs from ₹77.02 lacs. The growth was negligible despite the top-line increase.
Were there any exceptional items or guidance changes?
No. The filing contained no exceptional items, guidance changes, or material disclosures beyond the standard audited financials.
What was the purpose of the internal auditor appointment?
The appointment is a routine annual governance requirement. No specific concerns were cited in the filing.
Mentioned: ₹10,959.75 lacs revenue · ₹78.84 lacs net profit · ₹24 cr market cap
Primary source BSE · NSE · Tijori

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

Company snapshot

AMS Polymers Ltd.

Miscellaneous
₹24 cr
P/E 29.95×

Latest quarter · Mar 2026

Sales₹29 cr
Net profit₹0 cr
Op. margin+1.6%
EPS₹0.31

Strength & growth

Debt / equity2.85×
Current ratio1.07×
Sales CAGR+131.9%
Financials via Tijori — a research aid, not investment advice.AMS on Tijori

Story so far

All notes on AMS →
  1. 25 May 2026 · 4:02 PM IST AMS Polymers grows revenue 8.5% but profit stays flat
  2. 45d ago AMS Polymers records modest revenue growth for FY26
  3. 45d ago AMS Polymers FY26 revenue reaches ₹10,959.75 lacs
  4. 45d ago AMS Polymers posts ₹78.84 lacs net profit on ₹10,959.75 lacs revenue