How did the company perform financially in FY26?

Polyspin reported flat annual revenue of ₹225.76 crore, but net profit from continuing operations grew 45% to ₹3.90 crore.

Are these leadership changes final?

No. The appointments of Smt. Durga Ramji and Smt. Shwetha Ramji are subject to approval by shareholders at the AGM on August 21, 2026.

Why is this leadership change considered critical?

The company faced a leadership vacuum following the recent death of its previous promoter-head. These appointments are intended to provide strategic continuity.

Earnings · Plastic Products · Micro cap

Polyspin Exports names new MD as profit climbs 45%

The company appointed Smt. Durga Ramji as Managing Director following the death of its previous head. Annual revenue held steady at ₹225.76 crore.

— 1 earlier story on Polyspin Exports Ltd. →

POLYSPIN By Tipsheet Editorial 29 May 2026 · 3:28 PM IST Verify on BSE · NSE

Mkt cap₹29.5 cr

P/E5.02×

ROE6.50%

Debt / eq.1.35

₹3.90 cr Net profit from continuing operations for FY26.

What's new

Smt. Durga Ramji is the new Managing Director for a three-year term.
Smt. Shwetha Ramji joins the board as an Additional Director.
FY26 net profit rose 45% to ₹3.90 cr on flat revenue of ₹225.76 cr.

Why this matters

For a nano-cap company with a ₹32 crore market valuation, the loss of a promoter-head creates an existential risk. These appointments provide a necessary roadmap for governance stability. The profit growth offers a stable base for the new leadership to build upon.

What we're watching

Shareholder approval for the new board appointments at the August 21 AGM.
Whether the new management can lift revenue growth above flat levels.
Operational continuity in the quarters following the leadership transition.

The full read

Polyspin Exports enters a new era. Following the death of its previous chief, the board has appointed Smt. Durga Ramji as Managing Director for a three-year term. Smt. Shwetha Ramji also joins the board as an Additional Director. Both moves await shareholder approval at the August 21 AGM. Financially, the company is stable. FY26 revenue was flat at ₹225.76 crore, yet net profit from continuing operations climbed 45% to ₹3.90 crore. For a company with a ₹32 crore market capitalization, this transition is the primary test. The profit growth provides a buffer, but the open question is whether the new leadership can move the needle on top-line growth. Stability is the immediate goal. Growth is the next one.

Questions answered

Who is the new Managing Director of Polyspin Exports?: The board has appointed Smt. Durga Ramji as Managing Director for a three-year term, effective May 29, 2026.
How did the company perform financially in FY26?: Polyspin reported flat annual revenue of ₹225.76 crore, but net profit from continuing operations grew 45% to ₹3.90 crore.
Are these leadership changes final?: No. The appointments of Smt. Durga Ramji and Smt. Shwetha Ramji are subject to approval by shareholders at the AGM on August 21, 2026.
Why is this leadership change considered critical?: The company faced a leadership vacuum following the recent death of its previous promoter-head. These appointments are intended to provide strategic continuity.

Mentioned: Smt. Durga Ramji · Smt. Shwetha Ramji · August 21 AGM

Primary source BSE · NSE

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

Story so far

All notes on POLYSPIN →

29 May 2026 · 3:28 PM IST Polyspin Exports names new MD as profit climbs 45%
1d ago Polyspin Exports reports flat revenue of ₹225.76 crore for FY26