Below is a structured extraction and summary of the relevant and actionable financial information from the Jindal Poly Films Limited results filing dated August 14, 2025, for the quarter ended June 30, 2025 (Q1 FY26):
1. Auditor’s Note
- Standalone Financials:
- Reviewed by Singhi & Co. Chartered Accountants.
- No qualifications or concerns raised. The review report states nothing has come to their attention indicating material misstatements.
- Consolidated Financials:
- Reviewed by the same auditor.
- Qualification/limitation:
- A fire incident at a subsidiary’s plant (Nashik) caused damage to property, plant & equipment and inventories.
- Due to limited access, loss assessment is incomplete; adjustments will be made in subsequent periods.
- Auditor unable to express a conclusion on consolidated results for Q1 FY26 due to this uncertainty.
- Some subsidiaries and associates’ interim results were not audited but considered immaterial.
- Summary:
- Standalone results: Clean review report, no qualifications.
- Consolidated results: Qualified due to pending loss assessment from fire damage at subsidiary.
2. Financial Performance
Key Financial Figures (Rs. in Lakhs)
| Metric | Q1 FY26 (Jun 30, 2025) | Q4 FY25 (Mar 31, 2025) | Q1 FY25 (Jun 30, 2024) | FY25 (Apr 24-Mar 25) | FY24 (Apr 23-Mar 24) |
|---|
| Standalone Financials | | | | | |
| Revenue from Operations | 16,980.63 | 17,377.07 | 13,432.55 | 67,122.54 | - |
| Other Income | 17,469.09 | 2,593.34 | 14,989.12 | 46,016.41 | - |
| Total Income | 34,449.72 | 19,970.41 | 28,421.67 | 1,13,138.95 | - |
| Total Expenses | 22,964.52 | 22,779.87 | 15,671.90 | 77,382.65 | - |
| Profit Before Exceptional Items & Tax | 11,485.20 | (2,809.46) | 12,749.77 | 35,756.30 | - |
| Exceptional Items | - | (2,604.44) | 13,650.88 | 11,046.44 | - |
| Profit Before Tax | 11,485.20 | (5,413.90) | 26,400.65 | 46,802.74 | - |
| Total Tax Expense | 2,225.12 | (5,807.26) | 6,701.95 | 8,478.45 | - |
| Net Profit | 9,260.08 | 393.36 | 19,698.70 | 38,324.29 | - |
| Basic & Diluted EPS (Rs.) | 21.15 | 0.90 | 44.99 | 87.53 | - |
| Metric | Q1 FY26 (Jun 30, 2025) | Q4 FY25 (Mar 31, 2025) | Q1 FY25 (Jun 30, 2024) | FY25 (Apr 24-Mar 25) | FY24 (Apr 23-Mar 24) |
|---|
| Consolidated Financials | | | | | |
| Revenue from Operations | 1,08,340.69 | 1,41,969.23 | 1,23,307.85 | 5,33,493.54 | - |
| Other Income | 15,598.97 | (1,432.19) | 14,481.02 | 40,743.10 | - |
| Total Income | 1,23,939.66 | 1,40,537.04 | 1,37,788.87 | 5,74,236.64 | - |
| Total Expenses | 1,19,023.45 | 1,59,360.28 | 1,27,978.83 | 5,64,990.75 | - |
| Profit Before Exceptional Items & Tax | 4,916.21 | (18,823.24) | 9,810.04 | 9,245.89 | - |
| Exceptional Items | - | (8,177.08) | 13,650.88 | 5,473.80 | - |
| Profit Before Tax | 4,916.21 | (27,000.32) | 23,460.92 | 14,719.69 | - |
| Total Tax Expense | 2,303.22 | (9,621.54) | 6,652.23 | 3,218.64 | - |
| Net Profit (Continuing Operations) | 2,612.99 | (17,378.78) | 16,808.69 | 11,501.05 | - |
| Net Profit (Discontinued Operations) | 1,037.62 | (522.24) | - | (522.24) | - |
| Net Profit (Total) | 3,650.61 | (17,901.02) | 16,808.69 | 10,978.81 | - |
| Basic & Diluted EPS (Rs.) | Not explicitly stated | Not explicitly stated | Not explicitly stated | Not explicitly stated | - |
3. Detailed Notes / Management Commentary
- Exceptional Items:
- Recovery of Rs. 13,650.88 lakhs (including Rs. 4,501.93 lakhs interest) from advance given to Jindal India Power Limited, previously written off.
- Provision for impairment of Rs. 2,604.44 lakhs on non-current investment in subsidiary recognized in Q4 FY25.
- Subsidiary provided Rs. 8,177.08 lakhs for inventory devaluation due to obsolete/ inferior quality stock (exceptional item in consolidated FY25).
- Accounting Policies:
- Investments in unquoted securities are fair valued semi-annually.
- Deferred tax adjustments in previous year due to changes in capital gains tax rates on debt mutual funds and freehold land.
- Corporate Actions:
- Acquisition of 48.84% stake in Enerlite Solar Films India Limited in Q1 FY26, converting it from associate to subsidiary from May 1, 2025.
- Foreign Exchange:
- Other expenses include foreign exchange losses due to adverse currency fluctuations on foreign currency loans:
- Rs. 2,684.83 lakhs in standalone Q1 FY26.
- Rs. 4,847.26 lakhs in consolidated Q1 FY26.
- Fire Incident:
- Fire at subsidiary’s Nashik plant on May 21, 2025, causing damage and temporary suspension of operations.
- Loss assessment pending; impact not yet recognized in Q1 FY26 consolidated results.
- Business:
- Primary business: Manufacture and sale of non-woven fabrics.
- No separate reportable segments as per IND AS 108 for standalone.
- Other:
- Significant growth in financial assets due to accumulated cash flows and prior packaging business slump sale investments generating substantial other income.
4. Segment Information (Consolidated)
| Segment | Q1 FY26 Revenue (Rs. Lakhs) | Q4 FY25 Revenue (Rs. Lakhs) | Q1 FY25 Revenue (Rs. Lakhs) | FY25 Revenue (Rs. Lakhs) | Q1 FY26 Segment Result (Rs. Lakhs) | Q4 FY25 Segment Result (Rs. Lakhs) | Q1 FY25 Segment Result (Rs. Lakhs) | FY25 Segment Result (Rs. Lakhs) |
|---|
| Packaging Films | 84,346.31 | 1,16,009.87 | 1,03,450.14 | 4,37,358.24 | 1,969.10 | 1,226.72 | (1,263.51) | 13,470.62 |
| Nonwoven Fabrics | 16,980.63 | 17,377.07 | 13,432.55 | 66,975.26 | (1,952.33) | 2,164.26 | 555.65 | 4,960.75 |
| Others** (incl. Self Adhesive Labels) | 8,131.48 | 9,643.56 | 8,055.12 | 34,062.95 | 631.25 | 801.12 | 871.22 | 4,631.13 |
| Inter-segment Revenue | (1,117.73) | (1,061.27) | (1,629.96) | (4,902.91) | - | - | - | - |
| Total Revenue | 1,08,340.69 | 1,41,969.23 | 1,23,307.85 | 5,33,493.54 | 10,132.07 | (1,721.73) | 12,554.79 | 56,242.89 |
5. Capex, Projects, Corporate Activity
- Acquisition:
- Acquired 48.84% stake in Enerlite Solar Films India Limited in Q1 FY26, making it a subsidiary from May 1, 2025.
- Fire Incident:
- Fire at subsidiary’s plant in Nashik causing damage; assessment ongoing, potential future loss recognition.
- Impairments/Provisions:
- Rs. 2,604.44 lakhs impairment on non-current investment in subsidiary (Q4 FY25).
- Rs. 8,177.08 lakhs inventory devaluation provision in subsidiary (FY25).
- Foreign Exchange Losses:
- Significant forex losses due to currency fluctuations on foreign currency loans (Rs. 2,684.83 lakhs standalone, Rs. 4,847.26 lakhs consolidated in Q1 FY26).
- No explicit mention of capital expenditure or new projects in this filing.
6. Standalone vs Consolidated
| Aspect | Standalone | Consolidated |
|---|
| Revenue (Q1 FY26) | Rs. 16,980.63 lakhs | Rs. 1,08,340.69 lakhs |
| Net Profit (Q1 FY26) | Rs. 9,260.08 lakhs | Rs. 3,650.61 lakhs |
| EPS (Q1 FY26) | Rs. 21.15 | Not explicitly stated |
| Auditor’s Opinion | Clean review report | Qualified due to fire incident |
| Segment Reporting | No separate segments reported | Packaging films, Nonwoven fabrics, Others |
| Exceptional Items | Recovery from power advance | Recovery + inventory devaluation + impairment |
| Foreign Exchange Impact | Rs. 2,684.83 lakhs loss included in other expenses | Rs. 4,847.26 lakhs loss included in other expenses |
| Corporate Actions | Acquisition of Enerlite Solar Films stake | Same, plus impact of subsidiaries |
Summary for Investment Analysis Team
- Strong standalone financial performance in Q1 FY26:
- Total income up significantly vs Q4 FY25 and Q1 FY25, driven by a large increase in other income (investment income).
- Net profit of Rs. 9,260 lakhs vs Rs. 393 lakhs in Q4 FY25 and Rs. 19,699 lakhs in Q1 FY25.
- EPS improved to Rs. 21.15 from Rs. 0.90 in Q4 FY25.
- Consolidated results impacted by subsidiary issues:
- Net profit positive at Rs. 3,651 lakhs but down sharply from Q1 FY25 (Rs. 16,809 lakhs) and Q4 FY25 loss (Rs. -17,901 lakhs).
- Qualified auditor opinion due to fire damage at subsidiary plant with pending loss assessment.
- Exceptional items:
- Prior year recovery of Rs. 13,650.88 lakhs from power advance written off earlier.
- Inventory devaluation and impairment provisions recognized in FY25.
- Segment performance:
- Packaging films segment revenue declined QoQ but profitable.
- Nonwoven fabrics segment showed loss in Q1 FY26 vs profit in Q4 FY25.
- Other segments stable.
- Foreign exchange losses significant and impacting expenses.
- Corporate activity:
- Acquisition of Enerlite Solar Films stake converting it to subsidiary from May 2025.
- No material changes in accounting policies reported.
- No explicit capex or new project announcements in this filing.
This detailed extraction should assist the investment analysis team in understanding the company’s current financial health, risks (notably the fire incident), and recent corporate developments.