NSEPress Release2d ago · 4 Nov 2026, 05:49 pm
Press Release
Manika Plastech Limited · MANIKA
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Manika Plastech Limited has announced its un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, with revenue growth of 42% and EBITDA growth of 43%.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
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Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Manika Plastech Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "Press release on Un-Audited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026".
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Date: November 04, 2026
To To
BSE Limited National Stock Exchange of India Limited
20th Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G
Dalal Street Bandra Kurla Complex,
Mumbai – 400 001 Bandra (E), Mumbai – 400 051
Scrip Code: 544929 Scrip Symbol: MANIKA
Dear Sir/Madam,
Sub: Press release on Un-Audited Standalone and Consolidated Financial Results for the
quarter and half year ended September 30, 2026
With reference to the captioned subject and pursuant to Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the
Press Release on the unaudited Standalone and Consolidated Financial Results for the quarter and
half year ended September 30, 2026.
We request you to take the same on records in the interest of general public at large.
Thanking you,
Yours faithfully,
For Manika Plastech Limited
Karishma Waghela
Company Secretary and Compliance Officer
Membership No.: A58805
Encl: As Above
MANIKA PLASTECH LIMITED
Press Release
Manika Plastech embarks on its next growth, with a focus on capacity,
diversification and operational excellence
Growth (Y-o-Y): Revenue 42%, EBITDA 43% & PAT 95%
Mumbai, November 4, 2026: Manika Plastech Limited, a design-led manufacturer of precision-
engineered rigid polymer packaging solutions, today announced its financial results for the second
quarter and half year ended September 30, 2026. The Company’s product portfolio comprises battery
casings, pails and thin-wall containers, serving diverse industries, including energy storage, automotive,
paints, chemicals, food and dairy.
Q2 FY 27 Financial Performance Snapshot (YoY)
Revenue EBITDA Profit After Tax
₹ 151 Cr ₹ 20 Cr ₹ 10 Cr
YoY 42% YoY 43 % YoY 95%
H1 FY27 Financial Performance Snapshot (YoY)
Revenue EBITDA Profit After Tax
₹ 314 Cr ₹ 45 Cr ₹ 23 Cr
YoY 35% YoY 41 % YoY 75%
Segmental Revenue
Q2 FY27 Q2 FY26 YoY Q1 FY27 QoQ H1 FY27 H1 FY26 YoY
(₹ Cr)
Battery Casings 73.6 60.3 22% 88.3 -17% 161.9 138.8 17%
Pails & Thin-wall
41.3 32.6 27% 45.8 -10% 87.1 64.3 35%
Containers
Auto Components &
15.8 3.2 392% 7.5 111% 23.3 6.3 270%
Painting
Note: The balancing figure of revenue is other operating income
MANIKA PLASTECH LIMITED
Commenting on the results, Mr. Munjal Nikunj Kapadia, Managing Director of Manika Plastech
Limited said,
"Our journey as a listed company marks an important milestone in Manika's growth story. Over the
years, we have built our business on strong customer relationships, manufacturing expertise and
our ability to deliver customised packaging solutions. As we move forward, our focus is on building
upon these strengths while expanding into new product categories and end-user industries.
The investments planned towards capacity expansion and advanced manufacturing technologies
will enable us to address a wider range of customer requirements and strengthen our presence in
the rigid plastic packaging industry. We see meaningful opportunities across paint packaging,
food-grade containers, automotive components and the emerging bottle and jar segment.
We remain committed to strengthening our operational capabilities, enhancing product value
addition and building a sustainable business that delivers consistent long-term value to our
customers and shareholders."
With a diversified presence across battery casings, industrial packaging, food-grade thinwall
containers and automotive components, Manika is progressing towards building a broader,
technology-enabled and value-added rigid packaging business.
The Company is pursuing a multi-pronged growth with the below mentioned strategic priorities;
Scaling existing businesses
• Strengthening relationships with existing customers and increasing business share across
battery casings and industrial packaging
• Expanding the pails and thinwall container portfolio across paint, food, dairy, lubricant and
construction-chemical applications
• Increasing manufacturing efficiency through automation, process optimisation and better
capacity utilisation
Expanding into adjacent product categories
• Establishing ISBM capabilities for PET, PP and HDPE bottles and jars
• Further evaluating opportunities to expand thinwall packaging manufacturing at Dadra
Strengthening geographical presence and customer reach
• Exploring a new manufacturing facility in southern India to support customer requirements and
expand our regional presence
• Increasing wallet share with existing customers while adding new customers across end-user
industries
• Strengthening export opportunities across existing international markets
Building sustainable manufacturing capabilities
• Increasing the use of recycled polymers in line with evolving regulatory requirements
• Improving energy efficiency through automation and energy-efficient equipment
• Strengthening quality, process control and manufacturing standards across facilities
MANIKA PLASTECH LIMITED
About Manika Plastech Limited
Manika Plastech Limited is a design-led manufacturer of precision-engineered rigid polymer packaging solutions. Its
product portfolio comprises high-performance battery casings, pails and thin-wall containers, serving diverse
industries, including automotive, energy storage, telecommunications, paints, lubricants, agrochemicals, food and
dairy. The Company designs and develops its products in-house, with an emphasis on application-specific
performance, durability, product safety and efficiency. Its injection-moulded rigid polymer products cater to
industrial and consumer applications. The Company has 32 designs registered under the Designs Act, 2000, of which
two have been submitted for renewal.
For further queries please contact:
Manika Plastech Limited
Mr. Mukeshh Thakkar, CFO
investors.relations@manikaplastech.com
Cygnus Partners Private Limited
Ms. Nidhi Vijaywargia
nidhi.vijaywargia@cygnuspartners.in
Ms. Pooja Swami
pooja.swami@cygnuspartners.in
Safe Harbor
Certain statements in this communication may be ‘forward-looking statements within the meaning of applicable laws and
regulations. These forward-looking statements involve several risks, uncertainties, and other factors that could cause actual
results to differ materially from those suggested by the forward-looking statements. Important developments that could affect
the Company’s operations include changes in the industry structure, significant changes in the political and economic
environment in India and overseas, tax laws, import duties, litigation, and labour relations. Manika Plastech Limited will not be in
any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these
forward-looking statements to reflect subsequent events or circumstances.