Polyplex Corp reported a significant turnaround in Q4 FY26, posting a profit of ₹38 crore after a year-on-year loss of ₹9 crore, with revenue growing by 7.5%. The company also announced a dividend of ₹1 per share. Despite this positive news, shares traded at a decrease of 2.5% at ₹938, bringing the market capitalization to ₹2,971 crore.
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Polyplex Corp's Q4 EBITDA showed a significant 38% year-over-year growth, reaching ₹882 million compared to ₹639 million previously. This impressive jump led to an improved earnings margin of 4.7%, marking a positive 1 percentage point yearly increase.
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Polyplex Corporation is set to review its fiscal year 2026 financial results and potentially recommend a final dividend payout for the period of fiscal years 2025-2026 during a board meeting scheduled for May 23, 2026.
Polyplex has purchased a 51% stake in TechNova's subsidiary, TechNova Printrite, for approximately INR 62 crore. The transaction, finalized in March 2022, grants TechNova Printrite the status of being a subsidiary company from March 2026 under agreed conditions.