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Silkflex Polymers (India) Ltd

| Audited Financial Results for Quarter, Half Year, and Year Ended March 31, 2026

BULLISH SENTIMENT

Report Source

25th Apr 26

Summary : Silkflex Polymers reported strong financial results with significant asset growth and an unmodified audit opinion.

Quarterly Report Analysis & Insights

Financial Disclosures

  1. Cost of Material Consumed: 6,257.82 Lakhs
  2. Purchases of Stock in Trade: 100.63 Lakhs
  3. Change in Inventories: (1,388.01) Lakhs
  4. Employee Benefit Expenses: 275.89 Lakhs
  5. Finance Costs: 413.17 Lakhs
  6. Depreciation and Amortization Expenses: 187.68 Lakhs
  7. Other Expenses: 659.85 Lakhs
  8. Revenue from Operations: 11,020.33 Lakhs
  9. Other Income: 56.64 Lakhs
  10. Net cash from Operating Activities: 2,933.98 Lakhs
  11. Net cash used in Investing Activities: (4,939.41) Lakhs
  12. Net cash from Financing Activities: 2,205.50 Lakhs
  13. Closing Cash and Cash Equivalents: 209.04 Lakhs
  14. Total Assets: 13,167.72 Lakhs (vs 8,267.19 Lakhs last year)
  15. Property, Plant and Equipment: 6,014.51 Lakhs (vs 1,169.34 Lakhs last year)
  16. Reserves and Surplus: 3,593.68 Lakhs (vs 2,400.74 Lakhs last year)
  17. Long-term Borrowings: 3,669.44 Lakhs (vs 1,711.77 Lakhs last year)
  18. Standalone, as no holding/subsidiary/associate concerns.

Corporate Overview

  1. Speciality Chemicals
  2. Formal, informative, positive regarding results.
  3. Speciality Chemicals
  4. Implied by significant increase in Property, Plant and Equipment.

Risk Factors

  1. Increased long-term debt.
  2. High capital expenditure.
  3. Single segment business model.
  4. No explicit risks mentioned.

Key Drivers

  1. Strong profit growth for the period.
  2. Unmodified audit opinion received.
  3. Significant increase in fixed assets.
  4. Robust operating cash flow.

Auditor’s Report

  1. Unmodified opinion on financial results.

Board Commentary

  1. Compliant with SEBI Listing Regulations.
  2. Significant increase in Property, Plant and Equipment.

Corporate Governance

  1. Auditors complied with Code of Ethics.
  2. Audit Committee reviewed financial results.