Plastiblends India Announces 35th Annual General Meeting, Reports FY26 Profit of ₹3,668 Lakhs and Reappoints Varun S. Kabra

Plastiblends India Announces 35th Annual General Meeting, Reports FY26 Profit of ₹3,668 Lakhs and Reappoints Varun S. Kabra​

Plastiblends India Limited has announced key financial results for the Financial Year ended March 31, 2026, alongside notices for its 35th Annual General Meeting (AGM). The company reported a total comprehensive income of ₹2,799.47 lakh in FY 2025-26 and recommended a dividend of ₹3.00 per share.

The AGM is scheduled to be held on Monday, August 24, 2026, conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The company has also provided comprehensive updates regarding its operations, management structure, and commitment to sustainable growth.

Financial Performance Highlights for FY 2025-26​

Plastiblends India demonstrated consistent operational performance, with revenue increasing slightly compared to the previous fiscal year. Profit After Tax (PAT) stood at ₹3,668.83 lakh for FY 2025-26.

Key financial indicators for the company across recent years are presented below:


The company’s earnings before interest and depreciation (EBIDTA) margin grew by 51 basis points to 8.38% in FY 2025-26, up from 7.87% in FY 2024-25. The PAT margin improved by 37 basis points to 4.65%.

AGM Details and Dividend Proposal​

The AGM will address several Ordinary Business items, including the adoption of Audited Financial Statements for FY 2025-26 and the appointment of M/s. Urvashi Kamal Mehta & Co., Cost Accountants (Firm Regn. No.: 001817) to audit cost records for the financial year ending March 31, 2027.

A key Special Resolution involves the re-appointment of Shri Varun S. Kabra as Vice-Chairman and Managing Director of the Company for a period of five years, effective from August 1, 2026 to July 31, 2031. The remuneration prescribed includes a Basic Salary of ₹5,00,000 per month.

The Board of Directors has recommended a dividend of ₹3.00 per share, equating to 60% on equity shares of ₹5 each for the Financial Year ended March 31, 2026.

Operational Review and Strategic Investments​

In its Director's Report, the company noted that geopolitical factors and supply chain disruptions led to fluctuations in raw material prices during the year. To mitigate risks, Plastiblends is actively implementing cost optimization measures.

The company undertook strategic capital expenditure amounting to ₹2,433 lakh to strengthen manufacturing infrastructure. These investments include expansion of the Engineering plastics plant, masterbatch capacity enhancement, and improvements in laboratory and testing facilities. The company also advanced its commitment to environmental sustainability by installing an additional 5.2 MW solar power capacity.

Governance and Corporate Structure Updates​

Board Composition:
The Board has four independent directors: Shri Rahul R. Rathi, Smt Meena S. Agrawal, Shri Dharmendra K. Gandhi, and Shri Surendra S. Gupta (effective from April 28, 2025). The company maintains a commitment to corporate governance, with the Risk Management Committee and the Audit Committee meeting regularly throughout the year.

Stakeholder Communication:
The company received various types of correspondence related to shares, including requests for dividend revalidation and issue of duplicate shares. No pending complaints were reported as of March 31, 2026.

Market Standing:
Plastiblends India Limited continued to be recognized by CRISIL with a A+ / Stable (Long Term Rating) and A1 (Short Term Rating) for its bank loan facilities.

Operational Performance Metrics​

The company's operations are concentrated in the Masterbatches segment. Key operational metrics reviewed include:


The company's dedicated research and development expenditure stood at ₹424.90 lakh in FY 2025-26, focusing on developing bio-degradable masterbatches and customized formulations.

PLASTIBLEN Stock Price Movement​

Today, Plastiblends India Limited shares edged higher to close at ₹186.14 after gaining 1.51%. The equity traded throughout the session between a low of ₹184 and a high of ₹188, with 21,690 shares exchanged.