Bhansali Engineering Polymers' Q1 FY 2025-26 Quarterly Results

Result Summary

• Bhansali Engineering Polymers Ltd reported a 3.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 9.3%.
• Its expenses for the quarter were down by 5.5% QoQ and 8.3% YoY.
• The net profit increased 13.5% QoQ and decreased 14.0% YoY.
• The earnings per share (EPS) of Bhansali Engineering Polymers Ltd stood at 1.8 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Bhansali Engineering Polymers Ltd is a prominent player in the engineering polymers industry. The company is known for manufacturing and marketing a wide range of polymer products, primarily focusing on Acrylonitrile Butadiene Styrene (ABS), a versatile thermoplastic widely used across various industries including automotive, electronics, and consumer goods. Bhansali Engineering Polymers Ltd operates within a sector that requires adherence to strict quality standards and constant innovation to meet the dynamic demands of its customers. As of the most recent updates, there have been no major developments disclosed regarding the company, such as mergers, acquisitions, or significant shifts in strategic direction. The company remains focused on expanding its market presence and enhancing operational efficiencies within its domain.

Revenue

In the first quarter of FY26, Bhansali Engineering Polymers Ltd reported a total income of ₹319.27 crores. This represents a quarter-over-quarter (QoQ) decline of 3.0% compared to ₹329.19 crores in Q4FY25. Furthermore, on a year-over-year (YoY) basis, total income decreased by 9.3%, down from ₹351.83 crores in Q1FY25. These figures indicate a reduction in revenue generation as compared to the previous periods. The observed decline in revenue for this quarter could be attributed to various factors affecting the company's sales or market conditions, though specific details are not provided.

Profitability

The profitability metrics for Bhansali Engineering Polymers Ltd exhibit a notable performance in Q1FY26. The company achieved a profit before tax (PBT) of ₹61.67 crores, representing an 8.8% increase from the previous quarter's ₹56.68 crores. However, when compared to Q1FY25, there is a 13.1% reduction from ₹70.97 crores. The tax expense for Q1FY26 was ₹16.07 crores, slightly lower than the previous quarter, showing a 2.4% decrease from ₹16.46 crores in Q4FY25, and a 10.1% decrease from ₹17.87 crores in Q1FY25. Consequently, the profit after tax (PAT) for Q1FY26 was ₹45.89 crores, demonstrating a QoQ increase of 13.5% from ₹40.42 crores. However, there was a YoY decrease of 14.0% from ₹53.35 crores in Q1FY25. The earnings per share (EPS) followed a similar pattern, reaching ₹1.80, which is a 12.5% increase QoQ from ₹1.60 and a 14.3% decrease YoY from ₹2.10.

Operating Metrics

The company's total expenses for Q1FY26 amounted to ₹257.60 crores, which indicates a decrease of 5.5% from ₹272.53 crores in Q4FY25 and an 8.3% decrease from ₹280.86 crores in Q1FY25. This reduction in expenses over both periods suggests a potential improvement in cost management or operational efficiencies. The company has managed to decrease its total expenses more significantly than its decline in total income, resulting in an improved profit margin on a sequential basis. The financial data does not provide specific details on other operating metrics such as production volumes, sales mix, or operational capacity, which are often critical to fully understanding a company's operational effectiveness. Nonetheless, the improvement in profit before tax on a sequential basis, amidst declining total revenue, indicates a positive control over operating costs.