Plastic Products
60 recent notes from companies in this sector. 20 companies tracked.
Ashish Kacholia dumps 7.8% Dhabriya Polywood stake, left with 0.03%
The marquee investor sold down from 7.82% to near zero between September and July, signaling a loss of confidence in the nano-cap.
Kaiser Corp posts ₹74 lakh consolidated loss in Q1, standalone profit up
Standalone net profit rose to ₹7.36 lakhs from ₹1.33 lakhs a year ago, but consolidated loss ballooned to ₹74.31 lakhs. Board appoints Kavita Sharma as Whole Time Director.
Chiraharit lands first export order of ₹1.72 cr from Tanzania
The centre pivot irrigation deal equals 3.9% of the nan-cap's ₹44-cr market cap. It adds an international leg to a month of domestic wins.
Swashthik Plascon's Mehta block sells 2.1% stake in four tranches
Non-promoter shareholders sold a combined 2.1% equity between May and July, reducing their block's holding from 9.31% to 7.21%.
Mold-Tek posts record ₹46.7/kg EBITDA; lube volumes drop 17%
Revenue crosses ₹300 cr for the first time, but base-oil shortages at private customers pulled lubricant tonnage down. Management now guiding to ₹90 cr capex and 18-20% EBITDA growth.
APT Packaging revenue doubles; net profit hits ₹1.82 cr
Nano-cap posts 17% net margin, but auditor flags ₹11.45 lakh doubtful debts.
Kanpur Plastipack profit doubles as JV starts Taslan yarn output
Net profit jumps **112%** to **₹12.14 cr** on **14%** revenue growth. JV ESSEKAN begins commercial production; non-woven project on track for September.
Huhtamaki India sales jump 23%, but warns of inventory boost
Q2 CY26 sales of ₹723 cr and EBITDA margin of 10.5% beat prior trend, but management says part of the growth came from customer stockpiling ahead of price rises and could unwind. Renewable energy project delayed.
Kisan Mouldings swings to ₹6.69 cr net loss in June quarter
Revenue rose to ₹65.23 cr but costs pushed the company into the red; board also approved amalgamation into Apollo Pipes.
Tokyo Plast standalone profit rises to ₹39.48 lakh; consolidated in red
Standalone net profit rose to ₹39.48 lakh from ₹10.14 lakh, but Pinnacle Drinkware's ₹59.84 lakh loss led to consolidated net loss of ₹20.36 lakh.
Kanpur Plastipack profit jumps 76% to ₹12.13 cr in Q1
Revenue rises 13% to ₹202.45 cr, but the quarterly filing carries no strategic surprises; a routine earnings beat already priced in.
Mold-Tek Q1 sales top ₹300 cr, pharma packs leap 39%
Net sales rose 25% YoY to ₹300.45 cr, operating profit per kg hit a record ₹46.68, and the new pharma packaging vertical saw volumes jump 38.75%.
Mold-Tek logs record ₹46.68/kg EBITDA in Q1, pharma packs lead growth
Mold-Tek Packaging posted a strong Q1 with revenue of ₹300.45 crore and record EBITDA per kilogram of ₹46.68, as pharma packaging volume surged 38.75%.
Mold-Tek crosses ₹300 cr sales, EBITDA per kg hits record ₹46.68
Q1 revenue tops ₹300 crore for the first time. Record operating margin per kilogram, led by pharma pack volumes up 38.75%.
Cropster Agro loses MD; outsider takes over amid revenue slide
Jaivikkumar Patel resigns citing personal commitments. Vijaykumar Nayak, an external hire with finance background, steps in as MD and CFO. The move comes after a 68% revenue fall in the latest quarter.
Dhabriya Polywood bags ₹18.59 cr order for aluminum doors and windows
The order equals about 7% of annual revenue and adds to a record order book of ₹174 cr. Client identity withheld for competitive reasons.
Premier Polyfilm profit jumps 51% on strong vinyl sales
Net profit rose to ₹9.08 crore in Q1 FY26, revenue hit ₹100 crore on higher flexible PVC flooring demand. A GST dispute of ₹98.58 lakh remains under appeal.
Premier Polyfilm Q1 net profit jumps 51% to ₹9.08 cr
Net profit up 51%, revenue up 34% driven by vinyl flooring and PVC sheets. Board sets Sept 24 AGM, Sept 17 record date for dividend. GST demand reduced to ₹0.99 cr, appeal filed.
PIL Italica's Q1 profit crashes 88% as plastic segment sales slump
Revenue falls 30% to ₹16.71 crore; net profit at ₹18.83 lakh from ₹154.52 lakh a year ago. Plastic segment profits drop 91%.
Time Technoplast bags ₹38 cr HPCL cylinder order, modest by its scale
The supply of 1.4 lakh composite LPG cylinders to HPCL is a routine commercial win, representing well under 1% of annual revenue for the ₹8,988-cr company.
Time Technoplast supplied cylinders for HPCL-Instamart pilot
The company confirmed it provided Type IV composite LPG cylinders for India's first on-demand LPG delivery via quick commerce. No order size or revenue impact was disclosed.
Deccan Polypacks auditor says company not a going concern
Zero revenue, a ₹5.83 lakh loss, and an explicit shift from 'going concern uncertainty' to 'not prepared on a going concern basis' — a stark confirmation of insolvency risk.
Aeroflex Neu sells 32.65% of revenue for ₹192.12 lakh
The board approved the sale of its 51.01% stake in Fibcorp Polyweave. The subsidiary contributed 32.65% of turnover. Proceeds from a warrant issue are now rerouted to real estate and hospitality.
Chiraharit wins ₹56 lakh Tata Power order for borewell pipes
The nano-cap company adds a new client from the Tata group. The order is the smallest of three recent wins but validates execution in water infrastructure.
Captain Polyplast lands ₹23.6 cr MSEDCL order for solar pumps
The contract for 1,000 off-grid solar water pumps is nearly three times the prior MSEDCL order and adds 5.6% to FY26 revenue. Installation is to be completed within 60 days.
Kaka Industries posts 25% revenue jump in Q1, solar plant now live
Q1 revenue hit ₹76.12 crore, up from ₹60.93 crore last year. The company held margins by passing on raw material costs, and the Kheda solar plant is fully operational, set to cut power costs.
Aeroflex Neu to mull Fibcorp Polyweave stake sale on July 15
The nano-cap's board will consider exiting a material subsidiary, a move that could reshape its portfolio. No terms disclosed yet.
Garware Hi-Tech's joint MD dies suddenly; no succession plan
Sarita Garware Ramsay, who led the company since 2002, died on July 9. The board called it an 'irreparable loss.' The absence of a clear successor leaves a leadership gap.
Aeroflex Neu gets speculative-grade ratings from CARE
CARE Ratings assigned BB+ and A4+ ratings to bank facilities. The nano-cap, formerly Sah Polymers, carries weak profitability and a P/E of 137.7.
Chiraharit gets third solar order in a week, now from Zetwerk
The nano-cap's ₹94.69 lakh contract for pipe installation in Maharashtra is its third this month, following orders from Amara Raja Infra and another client, all from established counterparties.
Chiraharit bags ₹3.61 cr solar order from Amara Raja Infra
The order for pipes and fittings in a solar module cleaning system is about 7.7% of its ₹47 cr market cap, coming days after a ₹4.50 cr contract.
Tirth Plastic corrects fundraise instrument: warrants, not shares
The board inadvertently approved equity shares; the correction replaces them with convertible warrants, deferring dilution for a nano-cap raising more than its market cap.
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.