Kanpur Plastipack keeps non-woven facility on track for Q3 FY26-27
The standalone quarter reported a 25.39% operating margin, while management outlined a 6,000 MT per annum Unit 3 expansion.
Filed 27 Jul 2026, 16:03 IST · after market close · KANPRPLA (KANPRPLA)
Key takeaways
- Management said the greenfield non-woven facility remains on track for commercial production in Q3 FY26-27.
- Standalone operating margin was 25.39% on revenue of Rs 203.15 cr, with operating profit at Rs 51.59 cr.
- Management said the Unit 3 expansion is planned to add 6,000 MT per annum over five years.
Standalone quarter delivered a 25.39% operating margin
Kanpur Plastipack reported standalone revenue of Rs 203.15 cr and operating profit of Rs 51.59 cr for Q1FY27, translating into a 25.39% operating margin. With no sequential or year-on-year comparison provided, the quarter sets a current profitability reference rather than a momentum read.
Other income was part of the pre-tax profit mix
Other income of Rs 4.34 cr contributed to reported pre-tax profit of Rs 16.46 cr, so operating performance and non-operating income should be viewed separately. The reported tax rate was 26.27%, with tax expense of Rs 4.32 cr against net profit of Rs 12.14 cr.
Non-woven commissioning remains the key near-term milestone
Management said the greenfield non-woven facility is on track to commence commercial production in Q3 FY26-27. The company said the facility will use needle-punch technology and serve automotive, geotextile, artificial leather, carpet and shoe-insole applications.
Capacity plans extend beyond the new facility
Management said the Unit 3 expansion is planned to add 6,000 MT per annum over the next five years. The company also said it plans to scale FIBC volumes through brownfield expansion and higher utilisation, while entering premium PP yarn as an adjacent growth segment.
Results were filed after market close
The standalone results were filed after market close on 27 Jul 2026. The stock's post-results reaction is therefore not yet available to assess against its past results.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹203 cr |
| Other income | ₹4 cr |
| Expenses | ₹152 cr |
| Operating profit | ₹52 cr |
| Operating margin (%) | 25.39% |
| Interest | ₹3 cr |
| Depreciation | ₹3 cr |
| Profit before tax | ₹16 cr |
| Tax | ₹4 cr |
| Net profit | ₹12 cr |
| EPS (₹) | ₹4.96 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Guidance & outlook
- The greenfield non-woven facility is on track to commence commercial production in Q3 FY26-27.
- The company remains on track to commission its Technical Textiles nonwoven fabrics facility by Q3 FY26-27.
Expansion
- The greenfield non-woven facility will use needle-punch technology and serve automotive, geotextile, artificial leather, carpet and shoe-insole applications.
- The Unit 3 capacity expansion is planned to add 6,000 MT per annum over the next five years.
- The company plans to scale FIBC volumes through brownfield capacity expansion and higher utilisation.
New products
- The company offers high-performance PP Taslan yarn for premium and technical applications.
New initiatives
- The company has entered the premium PP yarn segment as a new adjacent growth engine.
- The company is prioritising brownfield, fast-payback investments while maintaining balance-sheet strength and credit discipline.
What to watch
- Whether the non-woven facility reaches commercial production in Q3 FY26-27.
- Progress toward the planned 6,000 MT per annum Unit 3 addition over five years.
- Whether operating margin remains around the reported 25.39%.