Jyoti Global Plast Approves FY26 Financial Results and Appoints Internal Auditor
Jyoti Global Plast Limited announced key outcomes from its board meeting held on May 22, 2026. The board reviewed and approved the company's audited financial results for the half year and the full financial year ended March 31, 2026.The company also approved the appointment of internal auditors for the financial year 2026-2027, based on the recommendation of the Audit Committee.
The board meeting was held through video conferencing, commencing at 12:30 P.M. and concluding at 3:10 P.M. (IST).
Financial Performance and Audit Findings
The company released its Standalone Audited Financial Results for the half year and full financial year ended on March 31, 2026, alongside the Independent Auditor's Report.The Independent Auditor's report expressed an opinion on the financial results for the year ended March 31, 2026, confirming that the results give a true and fair view in conformity with applicable Accounting Standards and other accounting principles generally accepted in India.
The audit certificate for the utilization of IPO funds also confirms that the amount utilized to date is in accordance with the objects stated in the Prospectus.
Profit & Loss Statement Summary (All amounts in INR Lacs)
The following table summarizes the Profit and Loss Statement for the last two years:| Particulars | Half Year Ended 31 Mar 2026 (Audited) | Half Year Ended 30 Sep 2025 (Unaudited) | Full Year Ended 31 Mar 2026 (Audited) | Full Year Ended 31 Mar 2025 (Audited) |
|---|---|---|---|---|
| Revenue from operations (net) | 5,159.58 | 5,065.63 | 10,225.21 | 9,348.49 |
| Total Income | 5,222.52 | 5,134.54 | 10,357.06 | 9,379.79 |
| Cost Of Materials Consumed | 3,524.06 | 3,482.88 | 7,006.94 | 6,275.43 |
| TOTAL EXPENSES | 4,737.22 | 4,665.02 | 9,402.24 | 8,575.59 |
| Profit before tax | 477.28 | 469.52 | 946.80 | 804.20 |
| Profit / (Loss) for the period | 352.46 | 350.18 | 702.64 | 603.86 |
| Basic Earnings Per Equity Share | 1.78 | 1.77 | 3.55 | 3.90 |
Statement of Assets and Liabilities (All amounts in INR Lacs)
The Statement of Assets and Liabilities provides a financial overview as of March 31 for both 2026 and 2025:| Particulars | As At 31 Mar 2026 (Audited) | As At 31 Mar 2025 (Audited) |
|---|---|---|
| Share capital | 1,982 | 1,550 |
| Reserves and surplus | 3,416.31 | 584.48 |
| Long-term borrowings | 64.44 | 228.64 |
| Trade payables (Total) | 1,071.15 | 779.11 |
| TOTAL | 9,032.26 | 5,681.42 |
Cash Flow Highlights (All amounts in INR Lacs)
The Cash Flow Statement details the movement of funds across operating, investing, and financing activities:| Particulars | Year Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-25 (Audited) |
|---|---|---|
| Net cash generated from operating activities (A) | 728.36 | 804.87 |
| Net cash flow generated from investing activities (B) | (2,585.32) | (362.30) |
| Net cash flow generated from financing activities (C) | 1,911.08 | (635.04) |
| Net increase / (decrease) in cash / cash equivalents (A+B+C) | 54.12 | (192.47) |
IPO Fund Utilization
Regarding the utilization of IPO proceeds, the company reported that the total net proceeds available for utilization were 25.63 Crore. As of March 31, 2026, the company had partially applied these funds for the disclosed purposes.The detailed utilization status is presented below:
| Objects as disclosed in the offer documents | Amount disclosed in the offer document | Actual Utilised Amount | Unutilized Amount |
|---|---|---|---|
| Part-finance for new manufacturing facility at Mahad | 11.17 | 3.69 | 7.48 |
| Funding capex for Solar Power Plant | 9.00 | 5.72 | 3.28 |
| Repayment / prepayment of borrowings | 1.20 | 1.20 | Nil |
| General Corporate Purpose | 4.26 | 1.16 | 3.10 |
| Total | 25.63 | 11.77 | 13.86 |
The certificate confirms that the unutilized balance of 13.86 crore has been retained in permitted bank accounts or fixed deposits. Furthermore, the board noted that there was no deviation or variation in the utilization of IPO funds.
Governance and Appointments
The board also confirmed the appointment of internal auditors for the financial year 2026-2027. The appointment is with the firm 'M/s. Haresh P. Kothari', established in 1987. The firm provides services in areas such as Audit, Project Finance, Accounting outsourcing, Taxation, and Company Law Matters.JYOTIGLOBL Stock Price Movement
As of 11:39 AM, shares of Jyoti Global Plast Limited are slipping by 4.95% in live trading, currently at ₹44.15. The stock has shed ₹2.30, trading on a volume of 6,000 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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