Whalesbook
Bhansali Engineering Polymers Ltd. (BEPL) has released its audited financial results for the fiscal year ending March 31, 2026. The company reported consolidated revenue of ₹1,397.74 crore and profit before tax (PBT) of ₹246.64 crore.
On a standalone basis, BEPL recorded revenue of ₹1,276.00 crore with a PBT of ₹247.77 crore for the same period.
The company's board has proposed a final dividend of Re. 1 per equity share. This recommendation is subject to approval from shareholders at the upcoming Annual General Meeting (AGM).
In terms of leadership, Mr. Dilip Krushnarao Shendre has been re-appointed as Whole Time Director for a new three-year term, commencing April 1, 2027. This move ensures continuity in the company's management and strategic direction.
BEPL's significant capacity expansion project is progressing as planned and is expected to be completed by the end of September 2026. This expansion is a key part of the company's strategy to increase its manufacturing capabilities for ABS and SAN resins, aiming to meet growing domestic and international demand.
The timely completion of this expansion project is anticipated to bolster production output and support future revenue growth in the coming financial years. While the company's filing did not explicitly detail risks, recent public searches have not indicated significant regulatory or governance concerns in the past 24 months.
Bhansali Engineering Polymers specializes in ABS and SAN resins. Its peers in the broader plastics industry, such as Supreme Industries Ltd. and Astral Limited, operate in diverse segments like pipes, furniture, and packaging, all aiming to capitalize on India's increasing demand for plastic products.