HCP Plastene Bulkpack Ltd Releases Audited Financial Results for FY2026; Reports Profitability Across Segments

HCP Plastene Bulkpack Ltd Releases Audited Financial Results for FY2026; Reports Profitability Across Segments

HCP Plastene Bulkpack Ltd Releases Audited Financial Results for FY2026; Reports Profitability Across Segments​

HCP Plastene Bulkpack Limited has released its comprehensive audited financial results for the year ended March 31, 2026. The company provided the complete set of standalone and consolidated financial statements, which include the Cash Flow Statement, following an administrative review of previous submissions.

The results highlight the company's operational performance across its key segments, including the Woven Sacks Division and Label Division.

Financial Highlights for Fiscal Year 2026​

Consolidated financial figures show a substantial scale in revenue. For the year ended March 31, 2026, the Group recorded a Total Income of 59,959.16 Lakhs. The company reported net profit from continuing operations at 2,879.23 Lakhs.

The performance metrics for the Group and its subsidiary (K P Woven Private Limited) are detailed in the consolidated financial results:

MetricConsolidated Results (FY 2026)Standalone Results (FY 2026)
Total Income59,959.16 Lakhs29,238.99 Lakhs
Profit from Continuing Operations2,879.23 Lakhs1,724.63 Lakhs
Total Assets37,846.76 Lakhs19,118.18 Lakhs
Total Liabilities27,128.76 Lakhs12,694.49 Lakhs

In the consolidated cash flow statement for the year ended March 31, 2026, Net Cash From Operating Activities (A) stood at 1,624.72 Lakhs.

Operational and Balance Sheet Status​

The company maintains a robust asset base, with total assets reported at 37,846.76 Lakhs for the consolidated entity as of March 31, 2026. Current assets are valued at 28,167.12 Lakhs, while current liabilities stand at 20,959.27 Lakhs.

Key components of the asset base include Non-current assets totaling 9,679.64 Lakhs (including Property, plant and equipment of 6,774.97 Lakhs), and current assets totaling 28,167.12 Lakhs, which includes Inventories at 8,051.45 Lakhs.

Key Business Event: Joint Venture Dissolution​

Both the consolidated and standalone auditor's reports draw attention to a material operational change regarding the company's international operations. The financial results confirm that the Joint Venture (JV), HCP Plastene Bulkpack Pvt., Malaysia, was dissolved during the year in accordance with Malaysian legal provisions.

Following this dissolution, the investment in the said Joint Venture has been derecognized across both the standalone and consolidated financial statements. The resultant loss arising from the JV dissolution has been appropriately recognized and reflected in the relevant financial results.

Segment Performance Snapshot​

The company operates primarily through two segments: the Woven Sacks Division and the Label Division. Revenue from operations for the year ended March 31, 2026, was 14,279.44 Lakhs.

Segment-wise results (Profit before Interest and Tax) were reported as follows:

SegmentProfit Before Interest & Tax (FY 2026)
Woven Sacks Division1,606.92
Label Division14.68
Total1,621.60

Stock Price Movement​

HCP Plastene Bulkpack Ltd closed lower on Thursday, settling at ₹204.95 after shedding 2.22% in shares. The stock traded within a wide intraday range, testing highs near ₹209.45 before finding support around the ₹201.05 mark.
 

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