All Time Plastics Ltd. Q1FY27 Results

Revenue from operations for All Time Plastics Ltd. in the first quarter of FY27 (Q1FY27) reached ₹161.1 crore.
EBITDA for Q1FY27 stood at ₹23.0 crore.

Reader Takeaway: Revenue grew sequentially despite cost challenges; capacity utilization improved significantly.

What just happened

All Time Plastics Ltd. reported revenue from operations of ₹161.1 crore for Q1FY27, an increase of 10.5% compared to the previous quarter. EBITDA was reported at ₹23.0 crore, and Profit After Tax (PAT) stood at ₹12.1 crore. The company's capacity utilization improved to 65% during the quarter.

Why this matters

The results indicate the company's ability to grow its top line even amidst challenging market conditions, particularly the volatility in polymer prices stemming from the West Asia crisis. The improvement in capacity utilization is a positive sign for operational efficiency. Investors are keen to see how the company manages its margins and executes its growth strategies.

The backstory

In the preceding quarter, capacity utilization was around 52%. The company has been facing challenging market conditions, including the West Asia crisis which led to a spike in polymer prices starting in March 2026. Management has been focused on passing on price increases to customers to mitigate the impact on margins.

What changes now

All Time Plastics is enhancing its production capacity by ordering 14 new machines expected to add 1,500 tons of incremental capacity by Q4FY27. The company is also progressing with its bamboo-based product initiative, with machinery expected by mid-August and commercial contribution anticipated from Q4FY27.

Risks to watch

Key risks include ongoing raw material price volatility, which could fluctuate based on geopolitical events, and potential supply chain disruptions such as port congestion and container unavailability affecting inflows and exports.

Peer comparison

(No specific peer comparison data was provided in the filing.)

Context metrics (time-bound)

Capacity utilization rose to 65% in Q1FY27 from approximately 52% in the prior quarter. The volume of polymers processed was 6,323 MT for Q1FY27. Orders for 14 new machines have been placed, targeting an additional 1,500 tons of capacity by Q4FY27.

What to track next

Investors should monitor the company's ability to achieve its 75% capacity utilization target for FY27, the recovery of margins towards historical levels, and the successful commercial launch of the bamboo-based product line.