All Time Plastics Shares Jump 9% After Reporting 124% QoQ Increase in Net Profit

SYNOPSIS: Strong Q3 FY26 performance with steady revenue growth, sharp sequential profit jump despite one-time costs, margin expansion, and new bamboo project rollout, supported by export demand and improved capacity utilisation.

During Tuesday’s trading session, shares of a company involved in the manufacturing and exporting of plastic houseware products surged more than 9 percent on BSE, after reporting mixed Q3 FY26 results with a rise in net profit by 124 percent QoQ.

With a market cap of Rs. 1,745 crores, shares of All Time Plastics Limited were trading in the green at Rs. 266.4 on BSE, up by around 9 percent, compared to its previous closing price of Rs. 244.95. The stock has delivered negative returns of around 6 percent in the last six months, but has gained by over 9 percent in one month.

Financial Performance Q3 FY26

All Time Plastics Limited (ATPL) announced the financial results for the third quarter of FY26 on Monday after market hours, as per the latest regulatory filings with the stock exchanges.

For Q3 FY26, the company posted a consolidated revenue from operations of Rs. 159.4 crores, reflecting a sequential growth of more than 8 percent QoQ compared to Rs. 147.4 crores in Q2 FY26. Likewise, on a year-on-year basis, revenue increased by about 7 percent from Rs. 148.8 crores recorded in Q3 FY25. The topline growth was driven by healthier order inflows from export markets and improved capacity utilisation across manufacturing facilities.

Meanwhile, the net profit more than doubled sequentially and stood at Rs. 9 crore, indicating an impressive increase of around 124 percent QoQ from Rs. 4.09 crores in Q2 FY26. However, on a year-on-year basis, it reported a decrease of nearly 24 percent from Rs. 12 crores reported in Q3 FY25.

Notably, the strong sequential profit growth came despite an exceptional one-time charge of Rs. 4.4 crore related to provisioning under the new Labour Code, highlighting improved operating leverage and execution.

Operational performance also strengthened during the quarter. Gross margins expanded sharply to 39.5 percent from 36.2 percent in Q2 FY26, supported by a favourable product mix, disciplined pricing, and stabilisation in raw material costs. EBITDA rose 44.3 percent QoQ to Rs. 23.5 crore, reflecting improved profitability at the operating level.

Further, the Board of the company has approved the commencement of commercial production of bamboo products, along with an investment of Rs. 10 crores in the bamboo projects.

Capacity Highlights

ATPL operates a strategically located manufacturing footprint across 3 facilities, positioned close to petrochemical hubs, ICD Tumb, and major ports such as Hazira and Nhava Sheva, ensuring efficient access to raw materials and export logistics. Its Daman unit serves both domestic and export markets, while the Silvassa and Khatalwada facilities function as 100 percent export-oriented units.  Together, the plants have an annual installed capacity of 39,000 tonnes with utilisation of about 76.6 percent, supported by 169 injection moulding machines.

All Time Plastics Limited is engaged in the business of manufacturing injection-moulded plastic consumerware products, and is recognised as the largest exporter of plastic houseware and plastic furniture from India. 

It operates predominantly as a B2B white-label manufacturing partner for global retailers, supplying customised plastic consumerware products across kitchen, storage, cleaning, bath, organisation and junior categories.  The company has an export footprint across 29 countries, including the European Union, the United Kingdom and the United States.

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