Pyramid Technoplast Credit Rating
Acuite Ratings has reaffirmed Pyramid Technoplast Limited's long-term rating at ACUITE A- (Stable). The short-term rating was also reaffirmed at ACUITE A2+ for Rs.235 Crore bank facilities.
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- ₹235.0 Cr
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Acuite Ratings has reaffirmed Pyramid Technoplast Limited's long-term rating at ACUITE A- (Stable). The short-term rating was also reaffirmed at ACUITE A2+ for Rs.235 Crore bank facilities.
Pyramid Technoplast received GPCB authorization to recycle 960 MT of industrial packaging waste annually. This regulatory permit expands its operations into third-party waste management services.
Pyramid Technoplast's 28th AGM approved FY26 financials, declared a Rs.0.50 per share dividend, and re-appointed a director. Routine auditor and cost auditor resolutions were also ratified.
Pyramid Technoplast reported 36% YoY revenue growth and 32% PAT growth in Q1FY27. Strategy focuses on capacity expansion in Kutch, operational efficiency via solar/recycling, and navigating export disruptions.
Management reported 36% YoY revenue growth driven by raw material price pass-throughs, but EBITDA margins were hit by high polymer costs and export-led volume slowdown.
Pyramid Technoplast reported Q1FY27 revenue growth of 36% YoY to ₹222 Cr, driven by raw material price pass-throughs. PAT increased 32% YoY to ₹11 Cr despite margin compression.
Pyramid Technoplast Ltd reported revenue from operations of ₹222.5 Cr (+35.8% YoY) and net profit of ₹10.4 Cr (+31.6% YoY) for Q1 FY27.
Pyramid Technoplast reported strong FY26 performance with 15% revenue growth and margin expansion to 8.6% as major expansion phases at Wada and solar projects concluded.
Pyramid Technoplast concludes FY26 with strong volume growth across segments, shifting focus from aggressive capex to capacity utilization and debt repayment.
Pyramid Technoplast reported FY26 revenue of ₹681 Cr, up 15% YoY, driven by capacity expansion and the commissioning of solar and recycling plants.