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Earnings · Plastic Products · Micro cap

Duropack's profit fell 23% even as revenue climbed 21%

Standalone revenue grew to ₹39.86 crore in FY26, but net profit shrank to ₹1.85 crore as cost pressures mounted.


Mkt cap₹29.53 cr
P/E16.00×
ROE11.77%
Debt / eq.0.00
₹1.85 cr FY26 net profit, down from ₹2.40 crore

What's new

  • Standalone annual revenue grew 21% to ₹39.86 crore in FY26.
  • Net profit declined 23% to ₹1.85 crore despite the revenue growth.
  • The results show a widening gap between top-line growth and profitability.

Why this matters

Duropack is selling more but keeping less. The 21% revenue growth is being eroded by costs that grew even faster, compressing margins. For a nano-cap, that divergence signals a cost-control problem rather than a scaling opportunity.

What we're watching

  • Management commentary on the specific cost drivers behind the profit decline.
  • Whether margins recover in the next quarter or continue to deteriorate.
  • The company's plan to align its cost structure with the higher revenue base.

The full read

Duropack's year splits in two. Revenue climbed 21% to ₹39.86 crore from ₹32.83 crore. Net profit did the opposite, falling 23% to ₹1.85 crore from ₹2.40 crore. The company is selling more. It's just not keeping more. This is a cost problem, not a demand problem. For a nano-cap, the margin squeeze matters more than the top-line growth because it raises questions about the business's ability to scale profitably. The next set of results will show if this is a one-year blip or a pattern.

Questions answered

How much did Duropack's revenue grow in FY26?
Standalone annual revenue rose 21% to ₹39.86 crore from ₹32.83 crore the prior year, showing the company is successfully scaling its top line.
Why did profit fall despite higher sales?
Net profit dropped 23% to ₹1.85 crore from ₹2.40 crore. The decline happened because costs outpaced the revenue growth, squeezing margins.
What is the key takeaway for an investor?
The headline is margin compression. Revenue growth is positive, but the ability to convert that growth into profit has weakened. Cost management is the core issue.
Are these results unusual for the company?
No. The results are part of standard periodic reporting and do not represent a major surprise for a nano-cap entity. They provide a transparent view of operational health.
Mentioned: Duropack Ltd. · ₹39.86 cr revenue · ₹1.85 cr net profit
Primary source BSE · NSE · Tijori

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

Company snapshot

Duropack Ltd.

Chemicals
₹30 cr
P/E 16.28×

Latest quarter · Mar 2026

Sales₹11 cr
Net profit₹0 cr
Op. margin+8.5%
EPS₹0.93

Strength & growth

Debt / equity0.00×
Current ratio2.26×
Sales CAGR+14.1%
EPS CAGR+10.8%