Why did profit barely grow despite higher revenue?

Net profit of ₹9.17 crore was only ₹0.14 crore above the prior year's ₹9.03 crore. The 9.8% revenue growth to ₹341.21 crore did not flow to the bottom line, implying operating costs or other expenses rose in tandem with sales.

What is the dividend yield on this payment?

The ₹1.50 per-share final dividend is 15% of the face value. The filing does not state the current share price, so a yield cannot be calculated from the provided information.

What non-financial changes did the company make?

The filing confirmed a relocation of its registered office and the appointment of new internal auditors. Both are described as routine changes with no further detail.

How significant is this filing for an investor?

The results are a standard periodic disclosure for a nano-cap. They confirm existing growth trends but offer no major new strategic or financial information beyond the dividend announcement.

Earnings · Plastic Products · Micro cap

National Plastic's profit flat despite 9.8% revenue growth in FY26

Revenue climbed to ₹341.21 crore, but the bottom line barely moved. The board's dividend is the only new move.

— 1 earlier story on National Plastic Technologies Ltd. →

NATPLASTI By Tipsheet Editorial 25 May 2026 · 6:37 PM IST Verify on BSE · NSE

Mkt cap₹129 cr

P/E14.10×

ROE17.57%

Debt / eq.1.17

Div yld0.74%

₹9.17 cr FY26 net profit, marginally up from ₹9.03 cr.

What's new

FY26 revenue rose 9.8% year-on-year to ₹341.21 crore.
Net profit was ₹9.17 crore, nearly flat against ₹9.03 crore in FY25.
Board recommended a final dividend of ₹1.50 per share.

Why this matters

Revenue growth is decent for a nano-cap, but profit failing to keep pace means higher costs ate the top-line gain. The ₹1.50 dividend is a token increase in an otherwise routine filing.

What we're watching

Whether cost pressures ease to allow profit growth to follow revenue.
Shareholder approval of the final dividend.
Any operational effect from the registered office relocation.

The full read

National Plastic Technologies' FY26 results show revenue growing 9.8% to ₹341.21 crore. Profit did not follow. Net profit was ₹9.17 crore, up from ₹9.03 crore—a rise of 1.5%. Costs climbed as fast as sales. The board recommended a ₹1.50 per-share final dividend. The company also moved its registered office and appointed new internal auditors. For a nano-cap, this is a clean, uneventful annual disclosure. Growth is present, but the bottom line is not following. Not yet.

Questions answered

Why did profit barely grow despite higher revenue?: Net profit of ₹9.17 crore was only ₹0.14 crore above the prior year's ₹9.03 crore. The 9.8% revenue growth to ₹341.21 crore did not flow to the bottom line, implying operating costs or other expenses rose in tandem with sales.
What is the dividend yield on this payment?: The ₹1.50 per-share final dividend is 15% of the face value. The filing does not state the current share price, so a yield cannot be calculated from the provided information.
What non-financial changes did the company make?: The filing confirmed a relocation of its registered office and the appointment of new internal auditors. Both are described as routine changes with no further detail.
How significant is this filing for an investor?: The results are a standard periodic disclosure for a nano-cap. They confirm existing growth trends but offer no major new strategic or financial information beyond the dividend announcement.

Mentioned: National Plastic Technologies Ltd. · ₹341.21 cr revenue · ₹1.50 dividend per share

Primary source BSE · NSE · Tijori

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

Story so far

All notes on NATPLASTI →

25 May 2026 · 6:37 PM IST National Plastic's profit flat despite 9.8% revenue growth in FY26
42d ago National Plastic sticks with ₹1.50 dividend; nothing else new