- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
**1. Business Performance:**
All Time Plastics reported a sequential revenue growth of over 10% in Q1FY27, with a significant 25% increase in volume processed. Capacity utilization improved to nearly 65% from 52% in the previous quarter. Despite a spike in polymer prices due to geopolitical events, the company managed gross margin compression by swiftly renegotiating pricing with customers, passing on full price increases in the domestic market and most export accounts.
**2. Growth Drivers or Strategy:**
Key strategic focus areas include scaling domestic branded and OEM presence, targeting 30-35% domestic growth as part of its diversification strategy, and continuing export momentum in the US market with growing project wins.
**3. Recent Developments:**
The company has placed orders for 14 new machines to add 1,500 tons of incremental capacity, expected to be operational by Q4FY27. The bamboo initiative is on track, with machinery arriving mid-August and commercial contribution anticipated from Q4FY27.
**4. Key Financial Metrics (if available):**
For Q1FY27, Revenue from operations stood at Rs. 161 Cr. Gross Profit was Rs. 64.2 Cr (39.5% margin), EBITDA was Rs. 23.4 Cr (14.5% margin), and PAT was Rs. 12.0 Cr (7.4% margin).
**5. Management Commentary / Outlook (if available):**
Management is optimistic about the business's resilience and expects margins to normalize as cost pass-through completes and conditions stabilize. The company continues to target a capacity utilization of approximately 75% for FY27.