Shree TNB Polymers Reports ₹2.58 Crore PAT and 8.8% EBITDA Margin in First Results Since Listing

Shree TNB Polymers reported a profit after tax of ₹2.58 crore for the first half of FY27, its first financial results since listing on the BSE SME platform in October 2026. ScanX reported the results on November 15, 2026.

Inside Shree TNB Polymers' H1FY27 Earnings

Revenue from operations for the period ended September 30, 2026, was ₹86.08 crore, with an EBITDA margin of 8.80%, equal to EBITDA of ₹7.57 crore. Profit before tax was ₹3.37 crore and earnings per share were ₹1.68.

Management pointed to an order book of ₹64.23 crore as of November 14, 2026, which the company expects to execute over the next two to three months. Turnover between October 1 and November 13, 2026, was approximately ₹32 crore excluding GST. Fresh orders worth ₹50.99 crore for HDPE pipes used in water supply and power distribution projects were announced on October 9, 2026.

The company is adding about 9,000 MTPA to an existing installed base of 26,500 MTPA, targeting ₹135–150 crore in revenue potential at full utilisation. Commercial production of MDPE pipes has begun after a BIS licence under IS 14885:2022, aimed at gas distribution networks. Structural work on New Land Phase 1 is complete and funded from internal accruals, with production to start on receipt of statutory approvals. Commercial production of blow-moulded HDPE drums is expected by late March 2027.

Shree TNB Polymers' Product Base and Partnerships

Shree TNB Polymers makes BIS-certified HDPE and PVC piping systems, DWC pipes, micro irrigation solutions and polymer sheets under the Noble, Tirupati and Balaji brands for infrastructure, agricultural and industrial customers, according to akta.pro company records. The Silvassa-based manufacturer was formed in 2007 by consolidating three partnership firms, and its records list a technology partnership with Kabra Extrusiontechnik Ltd., which works with Germany's Battenfeld Extrusiontechnik on pipe extrusion machinery.

Chemplast Sanmar and Polylink Results Elsewhere

Chemplast Sanmar shares rose 11.44% to ₹237 on November 9, 2026, after Q2 results showed revenue up 28% year on year to ₹1,323 crore and EBITDA up 158% to ₹111 crore, Mint reported. ScanX reported that Polylink Polymers' net profit fell 50.4% quarter on quarter to ₹20.81 lakh for Q2FY27, while revenue rose 20.9% year on year to ₹2,612.65 lakh.

Shree TNB Polymers' Drum Line Timeline

The company expects commercial production of blow-moulded HDPE drums by late March 2027, serving the chemicals, pharma and FMCG sectors. Production at New Land Phase 1 will begin once statutory approvals are received.