Nahar Polyfilms reports strong earnings, plans production capacity expansion

Nahar Polyfilms Limited has released its annual report for the financial year 2024-25, highlighting an impressive financial performance. The company’s total income on a standalone basis increased by 11.98% to ₹684.87 crores, with profit before tax surging by 556.89% to ₹52.36 crores. Net profit reached ₹36.36 crores, a significant turnaround from the previous year's loss. For consolidated results, total income rose by 12% to ₹683.88 crores, and net profit increased to ₹47.38 crores. The board has recommended a dividend of ₹1.00 per equity share for the year.

The company is expanding its production capacity by installing a third BOPP film line of 36,000 MT per annum, expected to be fully implemented by financial year 2027-28, increasing total capacity to 96,000 MT. This expansion will be financed by term loans and internal accruals, with an increased borrowing limit of up to ₹1,000 crores approved by shareholders. Nahar Polyfilms continues to prioritize sustainability, with 90% of its raw material sourced from sustainable granules and 73.99% of products and packaging reclaimed for reuse.

The company also disclosed its Business Responsibility and Sustainability Report, outlining efforts in environmental, social, and governance areas. These include using solar power, energy-efficient machinery, and comprehensive waste management.