Plastic Products
60 recent notes from companies in this sector. 20 companies tracked.
Innocorp wipes ₹12.42 cr losses with 75% capital reduction
The board-approved scheme cuts paid-up capital by 75%, using equity and premium to erase accumulated losses and turn net worth positive for a company with a ₹3 cr market cap.
Tirth Plastic to raise ₹12.6 cr via shares — more than its entire market cap
The nano-cap plans to issue 45 lakh shares at ₹28 each to 42 non-promoter investors. If approved, existing holders face massive dilution.
Aeron Composite's FY26 profit hit by relocation, raw material spike
Revenue flat in FY26 as margins compressed; management targets ₹300 cr revenue and >10% EBITDA margins in FY27.
Chiraharit lands ₹4.50 cr order for solar plant — worth 9.8% of its market cap
A supply-and-installation contract for pipes and fittings at a solar cell and module facility in Tamil Nadu. The order size is outsized for the nano-cap, but execution and payment risks remain.
Polyplex keeps 51% in Thai unit, forgoes ₹158 cr
Polyplex's board turned down a mandatory tender offer for its 51% stake in its Thai step-down subsidiary, forgoing up to ₹158 crore in cash.
Tirth Plastic to weigh fundraising via preferential issue
Board meets July 4, 2026 to consider raising capital; no amount or pricing disclosed for the nano-cap with a **₹9 cr** market cap.
Arcee promoters sell 3.21% stake, holding falls to 21.37%
Promoters Ramesh Chander Gupta and Shruti Gupta sold 164,953 shares without giving a reason. For a nano-cap with ₹9 cr market cap, the reduction is material and signals weakening insider confidence.
Captain Polyplast pushes 50:50 mix target to FY29, lifts capacity view
Captain Polyplast now expects the 50:50 revenue split between micro-irrigation and solar EPC by FY29, a one-year delay. It also raised its micro-irrigation capacity estimate to ₹600 cr from ₹400 cr.
Deccan Polypacks posts ₹36 lakh loss, zero revenue; going concern flagged
The nano-cap posted its second straight year of negative equity, with the auditor casting doubt on continued operations.
Helios Capital joins KV Toys meet; no UPSI, but signal sent
Eight participants attended the virtual analyst meet, including Helios Capital. No price-sensitive information was shared, but the presence of a major institutional investor at a nano-cap is the real story.
Polyplex's Thai unit gets a ₹310 cr takeover bid from a related party
AGPH (Thailand) offers THB 15 per share for all shares of Polyplex (Thailand), valuing it at THB 13.5B (₹310 cr). Formal offer by June 2026. Parent's stake and decision remain unclear.
Dhabriya Polywood subsidiary bags ₹13.05 cr modular kitchen order from M3M
Dynasty Modular Furnitures lands a letter of intent for delivery over 18 months, adding to a record order book of ₹174 cr.
Union Quality Plastics posts nil revenue for fourth year; going concern flagged
Auditor Sagar & Associates issues qualified opinion with eight matters, including material uncertainty about survival; net worth fully eroded at negative ₹166.85 lakhs.
Shaily Engineering promoter Vanita Nagda sells entire 2.27% stake
The sale, valued at about ₹288 crore, was executed on June 18. The promoter group's aggregate stake falls.
Anka India's auditor flags ₹18.96 cr goodwill test gap in FY26 results
Consolidated revenue rose to ₹1,809 lakhs but net loss widened. Standalone loss ballooned to ₹741.85 lakhs on impairment. Auditor gave qualified opinions on both sets.
Avro India gets nod to list 10,60,900 preferential shares
NSE and BSE clear the way for shares issued to non-promoters to become tradable. The move will dilute existing holders but the pricing remains undisclosed.
Premier Polyfilm sheds 'not cooperating' tag with ICRA upgrade
ICRA lifts Premier Polyfilm's long-term loans to A-(Stable) from BBB+(Stable) and removes the issuer-not-cooperating label. The **₹60 crore** facility upgrade signals improved credit profile and should cut borrowing costs.
Deccan Polypacks net loss, negative equity; auditor flags going concern
The nano-cap's annual results show net worth of -₹1,364.16 lakhs against long-term debt of ₹1,367.87 lakhs. Auditor cites going concern uncertainty and missing confirmations.
Garware Hi-Tech gets anti-dumping relief against Chinese imports
DGTR recommends duties on TPU-based paint protection film from China, a win for domestic producer Garware Hi-Tech Films. Final government nod pending.
Bai-Kakaji targets ₹1,000 cr by FY29, FY26 profit up 50%
Flexible packaging revenue seen doubling to ₹200 cr in FY27; ₹100 cr capex split 65:35 between flexible and rigid.
Bilcare gets NCLT nod to close ₹171 cr deposit chapter without fresh cash
NCLT condones past repayment delays, directs transfer of remaining ₹2.52 cr to IEPF by July 2026. Company already holds the funds, removing a legal overhang for the nano-cap.
Srivasavi plots path to ₹1,000 crore revenue after landing defense, railway contracts
FY26 revenue grew 22% to ₹109.98 crore but profit slipped as capex of ₹17.14 crore weighed. Management is targeting double-digit margins in FY27 as new capacity ramps.
Ecoplast crosses the investment-grade line
CRISIL moved Ecoplast's long-term rating up to BBB. For a **₹167 crore** market cap, that tier unlocks cheaper bank money.
Pankaj Polymers replaces entire board after Kredmint takeover
New owner installs five-member board with ex-RBI official, ex-Bharti Airtel CEO at a ₹35 cr nano-cap.
Supreme Court tosses out Jindal Poly oppression petition, sends fight to arbitration
The court overturned two lower tribunals' orders that had admitted a minority shareholder case. The dispute now moves to a sole arbitrator.
KV Toys to pay ₹4.5 cr for half of educational-toy maker Play Panda
The nano-cap board approved a cash deal for joint control of a company selling STEM kits on Amazon, Flipkart and Hamleys. The price is 2.57% of its market value.
Caprihans forfeits promoter's ₹1.57 cr after 3.15 lakh warrants lapse
Bilcare failed to pay the balance on warrants it held in Caprihans. The company keeps the upfront cash but loses a ₹4.7 cr equity infusion.
OK Play's Rajan Handa pledges 6 million more shares, lifts total encumbrance to 21.2%
The promoter's pledged stake has jumped 1.65 percentage points in one go, bringing the total encumbered holding to over a fifth of the company's equity.
Promact's Patel buys more, consolidates stake in nano-cap
The promoter's individual holding rose to 9.42% with a ₹13.45 lakh open-market purchase, while two concert parties trimmed theirs.
Bilcare forfeits ₹1.575 cr rather than put more cash into Caprihans
The packaging firm is writing off its upfront subscription payment for subsidiary warrants instead of funding a conversion it can't afford.
Gujarat Craft's CFO of seven years quits immediately. No replacement named.
Jhanvi Jansari resigned to explore a different industry. The nano-cap has no interim finance chief.
Time Technoplast pushes back debt-free target, expands asset sale plan
The 15% volume growth and 21% profit guidance for FY27 comes with a longer deleveraging timeline.
Avro India partners to take plastic recycling to 250,000 villages
A non-binding MoU with SODES sets the framework for commercial rollout of Project Suddh. The nano-cap now has a stated partner for a national-scale recycling network.
Tirth Plastic's acquisition of a rival business has no price tag yet
A non-binding MOU for Krishna Plastic Traders' business is subject to due diligence and approvals, with no financial terms disclosed.
Shree Rama Multi-Tech starts new machine as Gujarat plant runs at 90%
The micro-cap added 4.5 million tubes a month with ₹10 crore from its own cash, lifting capacity to 77 million.
Axel Polymers posts a loss and its auditors flag a survival risk.
Revenue fell 43% to ₹44.40 cr. The auditor issued a going-concern warning over a ₹31.57 cr GST demand that dwarfs the company's market cap.
A Promact promoter bought ₹9 lakh in shares. His family sold the same day.
Jayantibhai Patel added 1.53% to his personal stake on May 29, while two other promoter-group members trimmed a combined 1.65%. The company's net worth is negative.
Caprihans is paying back ₹4 cr in preference capital
The nano-cap's board cleared the redemption of up to 40 lakh shares. For a ₹128 crore company, the move equals 3.1% of market value.
CDG Petchem's new logistics arm made ₹24.76 cr. The old business is gone.
A 51% stake in Jujhar Logistic & Travels turned a ₹182 cr micro-cap into a profit for FY26. The logistics subsidiary runs 400+ car carriers for Maruti and Tata.
Narmada Macplast revenue jumps to ₹13.31 cr as profits dip
Operating revenue for the year ended March 31, 2026, nearly doubled to ₹13.31 crore, though net profit dropped following a large prior-year asset sale.
AMD Industries posts annual loss of ₹408.77 lakhs for FY26
The company swung to a quarterly profit of ₹130.21 lakhs in Q4, yet finished the full fiscal year with a net loss.
Cropster's Q4 sales fell 68%. Receivables are now 79% of annual revenue.
A brutal March quarter saw revenue collapse while trade debtors and new debt surged, pointing to a working-capital squeeze.
Kuwer's profit swings to ₹1.60 cr after years in the red
The nano-cap's Q4 profit jumped from a loss last year, fuelled by doubled operational revenue and a surge in non-recurring income from asset sales.
Dhabriya Polywood guides for 30% annual revenue growth after profit jumps 67%
The uPVC maker's order book stands at ₹174 crore, and it's spending ₹100 crore to chase two new product verticals.
Prima Plastics' Guatemala unit pays $1.8m dividend — 12.5% of its market cap
The Guatemalan subsidiary's payout is a large, previously undisclosed cash injection for a nano-cap parent.
Polycon's equity is almost gone after a year of losses and shrinking revenue
The nano-cap's annual loss of ₹2.88 crore erased over 72% of its equity, raising questions about its ability to continue as a going concern.
Polycon swings to ₹2.87 cr loss as revenue drops 20%
The nano-cap's annual loss equals 29% of its entire market capitalisation. Quarterly losses are accelerating.
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.
Pankaj Polymers' auditor quits weeks after new owners took control
Luharuka & Associates resigned on May 29, citing prior commitments. The move follows a majority stake acquisition by new promoters via a share purchase and open offer.
Shree Tirupati Balajee puts ₹4.09 cr on the line for its material subsidiary
The nano-cap company is backing a Bank of Baroda loan for Jagannath Plastics, with the promoter's involvement adding a related-party angle.
Bai-Kakaji's standalone profit jumps 45% in its first full year post-listing
The core business drove growth. Mundada Polymers contributed to consolidated revenue but not meaningfully to profit.
Polyplex targets $14M EBITDA for Q1 as it integrates TechNova
Polyplex expects Q1 FY27 EBITDA to hold steady at $14M, supported by a U.S. ramp-up and the recent 51% acquisition of TechNova Printrite.
Vinyoflex profit rises 24% as revenue slips in FY26
The company reported a net profit of ₹3.21 crore despite a 16% revenue decline, maintaining a debt-free balance sheet.
EPL's Indovida merger clears the competition regulator.
The CCI's no-objection removes a key condition precedent for the absorption deal announced in March. The scheme still needs other clearances to become effective.
Vinyoflex profit up 24% as revenue slips 16%
Costs fell faster than sales at the nano-cap. The balance sheet holds ₹4.43 cr in cash against a ₹23 cr market cap.
Sujathaa Mehta cut her Swashthik Plascon stake by more than two-thirds in May.
A single non-promoter shareholder dumped 2.23% of a ₹40 crore company. That’s a lot of paper for a stock this thin.
Dhabriya targets 30% annual growth and is spending ₹100 cr to get there.
The company’s ₹174 crore order book gives it two years of visibility, but the WPC door launch is delayed and working capital is rising.
Emmbi posts record ₹532.4 cr revenue as exports surge 28%
Export sales drove a record year. Full-year profit climbed 27% and Q4 profit jumped 65%.
RDB Rasayans profit rises 28% despite a revenue drop
The chemical company reported a 20.6% decline in annual revenue, but bottom-line growth held firm through expense management and other income.
RDB Rasayans profit climbs despite a 21% drop in annual revenue
The chemical firm reported a net profit of ₹33.96 crore for FY26, as cost-cutting measures offset a decline in top-line performance.