Shares of Plastiblends India Ltd declined by over 2% on Wednesday, July 16, trading at ₹201.00 at 9:41 AM on NSE — down ₹4.35 from the previous close of ₹205.35 — after the company reported weaker Q1 FY26 earnings, with both revenue and profit slipping compared to last year.
The stock traded between ₹200.95 and ₹204.20 during the session, with a market capitalization of about ₹5.23 billion and a P/E ratio of 15.62. Its dividend yield stood at 1.24%, and the average trading volume was around 3,320 shares.
Q1 FY26 financial performance
For the quarter ended June 30, 2025, the company posted a net profit of ₹8.92 crore, down 17.71% YoY from ₹10.84 crore in Q1 FY25. Revenue from operations fell 5.65% YoY to ₹199.62 crore compared to ₹211.57 crore a year earlier.
Total income also declined by 5.53% YoY to ₹202.14 crore from ₹213.98 crore. Total expenses dropped 4.58% YoY to ₹190.25 crore, but the reduction wasn’t enough to offset the fall in revenue, weighing on overall profitability.
On Tuesday, despite the results, the stock closed slightly higher at ₹203.75, gaining 1.80%. However, the stock has been under pressure in recent months, losing about 38.25% over the past year and over 21% year-to-date.
Company overview
Plastiblends India, part of the Kolsite Group, is a leading Indian manufacturer and exporter of colour and additive masterbatches and thermoplastic compounds, serving industries like agriculture, appliances, and packaging.
Investors reacted to the muted earnings performance by pushing the stock lower in Wednesday’s session.
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