Shri Jagdamba Polymers Q4 Profit Falls 45.61% to ₹8.74 Crore

Shri Jagdamba Polymers Limited reported a 45.61% year-on-year decline in Q4 FY26 net profit to ₹8.74 crore, while consolidated revenue fell 9.60% to ₹108.03 crore for the quarter ended March 31, 2026. The result matters because the company closed FY26 with lower quarterly sales and substantially weaker profit than a year earlier.

What did Shri Jagdamba Polymers report in Q4 FY26?

Shri Jagdamba Polymers reported consolidated net sales of ₹108.03 crore in Q4 FY26, compared with ₹119.50 crore in Q4 FY25. The 9.60% year-on-year decline in sales was accompanied by net profit of ₹8.74 crore, down from ₹16.07 crore a year earlier.

The profit reduction was sharper than the decline in revenue. Based on the reported figures, Q4 FY26 net profit was 45.61% lower year-on-year. This gap between the movement in sales and profit is the central feature of the March-quarter result.

The company also disclosed standalone March-quarter net sales of ₹100.97 crore, down 15.5% year-on-year. The headline Q4 figures used in this report are consolidated numbers, and the difference between standalone and consolidated sales should be kept in mind when comparing the two disclosures.

How did the March quarter compare with the previous quarter?

The March-quarter sales figure was higher than the preceding December 2025 quarter, when Shri Jagdamba Polymers reported consolidated net sales of ₹70.52 crore. Revenue therefore rose 53.19% sequentially to ₹108.03 crore in Q4 FY26.

The sequential recovery followed a relatively weak December quarter, in which consolidated sales had declined 39.1% year-on-year. However, the recovery from the December base did not lift March-quarter revenue above the ₹119.50 crore reported in the corresponding quarter of FY25.

Earlier in FY26, consolidated net sales were ₹111.77 crore in the September 2025 quarter, down 12.61% year-on-year. The reported quarterly sequence indicates that sales were volatile through the year, with the December quarter particularly weak before the March-quarter rebound.

What is the background to the Q4 FY26 performance?

The Q4 FY26 result came after uneven sales trends during the financial year. Consolidated net sales were ₹140.65 crore in the June 2025 quarter, ₹111.77 crore in the September 2025 quarter and ₹70.52 crore in the December 2025 quarter, before reaching ₹108.03 crore in the March quarter.

This pattern shows that the March-quarter improvement was measured against a low December-quarter base. It does not change the year-on-year comparison, under which both revenue and profit remained below the levels reported for Q4 FY25.

Available historical annual data also show that total revenue has varied across reporting periods. One reported annual dataset placed Shri Jagdamba Polymers' FY26 total revenue at ₹430.97 crore, compared with ₹481.48 crore in FY25. As reporting datasets can distinguish between consolidated and standalone figures, investors should compare financial measures on a like-for-like basis.

How does the Q4 result affect investors and business assessment?

For investors, the March-quarter disclosure provides two distinct signals: sales recovered sequentially, but profitability declined materially from a year earlier. The 53.19% quarter-on-quarter increase in consolidated sales indicates a recovery from the December level, while the 45.61% fall in net profit highlights the weaker year-on-year earnings outcome.

The reported data do not provide a detailed Q4 FY26 breakdown of costs, operating profit, or other income in the material available here. Therefore, the precise drivers of the larger decline in profit relative to sales cannot be established from these figures alone. Investors should rely on the company’s detailed financial statements and any formal management commentary for that assessment.

Shri Jagdamba Polymers has also announced that its trading window closed from October 1, 2026 for specified insiders until 48 hours after the declaration of un-audited results for the quarter ended September 30, 2026. That disclosure identifies the next scheduled corporate-results process referenced in the available information.

Why is the difference between sales and profit important?

The difference is important because profit fell much faster than revenue in Q4 FY26. A 9.60% reduction in consolidated sales coincided with a 45.61% decline in net profit, meaning the company retained less profit from its reported revenue than it did in the year-earlier March quarter.

But the available information does not support assigning a specific cause to that change. There is no Q4 FY26 cost breakdown, margin disclosure, or verified explanation of non-operating income in the supplied material. A careful reading of the result should therefore separate the confirmed earnings decline from explanations that have not been disclosed.

For the broader business assessment, quarterly comparisons should also account for the December-quarter sales trough. The March-quarter recovery is relevant operationally, but the year-on-year figures remain the clearer measure of whether the company matched its performance in the comparable prior-year period.

Conclusion

Shri Jagdamba Polymers ended Q4 FY26 with consolidated revenue of ₹108.03 crore and net profit of ₹8.74 crore. Sales improved from the December 2025 quarter, but remained 9.60% below Q4 FY25, while profit was 45.61% lower than the prior-year level.

The next disclosed reporting milestone is the un-audited result for the quarter ended September 30, 2026, following the company’s trading-window closure announcement. Investors will be able to assess whether revenue momentum and profitability have changed when those results and their accompanying financial details are released.