The Board of Directors, at its meeting, considered and approved the Standalone Audited Financial Results of the Company for the financial year ended 31 March 2026.

Atharva Poly-Plast Limited (Formerly known as Atharva Poly-Plast Private Limited) CIN :U25209PN2014PLC150099 Balance Sheet as at 31st March 2026 (All amounts in Indian Rupees in Hundred, unless otherwise stated) As at As at Note No. 31st March 2026 31st March 2025 EQUITY AND LIABILITIES Shareholders’ funds Share capital 3 1 2,34,999.80 6 ,50,000.00 Reserves and surplus 4 7 ,22,799.90 6 ,60,978.19 1 9,57,799.70 13,10,978.19 Non-current liabilities Long-term borrowings 5 3 ,57,721.02 2 ,19,196.80 Deferred tax liabilities (net) 6 4 4,940.09 5 0,674.45 Long-term provisions 7 1 0,427.18 1 0,859.25 4,13,088.30 2,80,730.50 Current liabilities Short-term borrowings 8 6 ,17,912.73 5 ,71,899.69 Trade payables 9 (A) total outstanding dues of micro and small enterprises; - - (B) total outstanding dues of creditors other than micro and 9,73,284.11 6 ,52,221.20 small enterprises. Other current liabilities 10 2 ,40,957.59 1 ,29,983.38 Short-term provisions 11 1 ,75,738.12 1 ,41,925.73 2 0,07,892.54 14,96,030.00 Total 4 3,78,780.54 30,87,738.69 ASSETS Non-current assets Property, Plant & Equipments and Intangible Assets 12 (i) Property, Plant & Equipments 17,55,352.80 15,49,198.02 (ii) Intangible assets 50.89 6 2.81 Non-Current Investments 13 25.00 2 5.00 Long-term loans and advances 14 1 88.36 1 1,660.05 Other Non Current Assets 15 1 ,45,863.15 2 2,825.07 1 9,01,480.20 15,83,770.95 Current assets Inventories 16 7 ,67,430.00 6 ,03,538.87 Trade receivables 17 1 1,72,762.59 4 ,30,094.84 Cash and Bank Balance 18 2 ,71,017.44 3 ,02,894.65 Short-term loans and advances 19 1 ,02,675.76 2 4,649.38 Other current assets 20 1 ,63,414.55 1 ,42,790.00 2 4,77,300.34 15,03,967.74 Total 4 3,78,780.54 3 0,87,738.69 See accompanying notes forming part of the financial 1-44 statements In terms of our even date report attached For and on behalf of the Board of Directors of For PRASS & Associates LLP Atharva Poly-Plast Limited Firm Regn. No. 107816W/W100222 (Formerly known as Atharva Poly-Plast Private Limited) Chartered Accountants (CA Aditya S. Patil) (Anujit Shivaji Darade) (Shivaji Kisan Darade) Partner Managing Director Director M.No.143812 DIN:02237278 DIN:08237322 Peer Review Number: 019874 Place : Pune Place : Pune UDIN: Date : July 24, 2026 Date : July 24, 2026 Place : Pune Date : July 24, 2026 (Ashish Shivaji Darade) Ankita Ravindra Gandhi Director & CFO (Company Secretary) DIN: 08237333 Place : Pune Place : Pune Date : July 24, 2026 Date : July 24, 2026 Atharva Poly-Plast Limited (Formerly known as Atharva Poly-Plast Private Limited) CIN :U25209PN2014PLC150099 Statement of Profit & Loss For the Year Ended on 31st March 2026 (All amounts in Indian Rupees in Hundred, unless otherwise stated) For the year ended For the year ended Note No. 31st March 2026 31st March 2025 INCOME Revenue from operations 21 5 4,39,434.10 4 7,53,567.53 Other income 22 1 ,51,411.36 1 ,52,667.48 Total Income 5 5,90,845.46 4 9,06,235.01 EXPENSES Cost of materials consumed 23 3 8,86,470.82 3 3,32,650.44 Changes in inventories 24 (89,369.55) (58,572.70) Employee benefits expense 25 1 ,71,699.76 1 ,45,087.42 Finance costs 26 1 ,35,406.59 1 ,04,353.37 Depreciation and amortization expense 27 1 ,64,178.56 1 ,61,424.71 Other expenses 28 4 ,96,593.88 5 ,65,915.12 Total Expense 4 7,64,980.06 4 2,50,858.36 Profit Before Exceptional Items and Tax 8,25,865.40 6,55,376.65 Exceptional Items Impact of Labour Code (Refer Note No.40) ( 622.94) Profit Before Tax 8,25,242.46 6,55,376.65 Prior Period Items - 9,434.66 Profit Before Tax 8,25,242.46 6,45,941.99 Tax expense: Current tax ( 1,84,155.31) ( 1,47,271.94) Deferred tax 6 5 ,734.36 23,258.90 Tax adjustments earlier year - (14,468.39) Profit for the year 6 ,46,821.51 5,07,460.56 Earning per Share [face value of Share Rs.10/- each] a.Basic 5.24 4 .11 b.Diluted 5.24 4 .11 See accompanying notes forming part of the 1-44 financial statements In terms of our even date report attached For and on behalf of the Board of Directors of For PRASS & Associates LLP Atharva Poly-Plast Limited Firm Regn. No. 107816W/W100222 (Formerly known as Atharva Poly-Plast Private Limited) Chartered Accountants (CA Aditya S. Patil) (Anujit Shivaji Darade) (Shivaji Kisan Darade) Partner Managing Director Director M.No.143812 DIN:02237278 DIN:08237322 Peer Review Number: 019874 Place : Pune Place : Pune UDIN: Date : July 24, 2026 Date : July 24, 2026 Place : Pune Date : July 24, 2026 (Ashish Shivaji Darade) Ankita Ravindra Gandhi Director & CFO (Company Secretary) DIN: 08237333 Place : Pune Place : Pune Date : July 24, 2026 Date : July 24, 2026 Atharva Poly-Plast Limited (Formerly known as Atharva Poly-Plast Private Limited) CIN :U25209PN2014PLC150099 Statement of Cash Flow For the Year Ended 31st March 2026 (All amounts in Indian Rupees in Hundred, unless otherwise stated) For the year ended For the year ended 31st March 2026 31st March 2025 A.Cash Flow from operating activities: Net Profit before Tax 8 ,25,242.46 6 ,45,941.99 Adjustments for: Depreciation and amortization expenses 1 ,64,178.56 1 ,61,923.54 Interest expense 1 ,35,406.59 1 ,04,353.37 Unrealised foreign exchange Gain (net) (147.00) - Subsidy against Capital Investment (1,42,790.00) (1,42,790.00) Interest received (8,474.36) (9,877.48) Operating profit before working capital changes 9,73,416.25 7,59,551.42 Adjusted for changes in working capital: (Increase)/Decrease in Inventories (1,63,891.13) (79,243.63) (Increase)/Decrease in Trade receivables (7,42,667.75) 2,75,264.49 (Increase)/Decrease in Other Current Assets (1,363.56) (1,42,790.00) (Increase)/Decrease in Short term loans & advances (78,026.38) 22,870.53 (Increase)/Decrease in Long term loans & advances 471.69 544.24 (Increase)/Decrease in Other Non Current Assets (1,23,038.08) 1,81,115.89 (Increase)/Decrease in Other Bank Balance (2,179.10) (35,455.77) Increase/ (Decrease) in trade payables 3,21,209.91 (72,123.94) Increase/ (Decrease) in Long term provisions (432.07) 10,859.25 Increase/ (Decrease) in Short term provisions 2,226.71 1,349.06 Increase/ (Decrease) in other current liabilities 1,40,291.69 (1,74,661.72) Cash generated from operations 3,26,018.18 7,47,279.81 Income tax paid 1,52,569.62 49,561.66 Net Cash from operating activities (A) 1,73,448.56 6,97,718.15 B. Cash Flow from investing activities: Purchase of Property, Plant & Equipments & Movement in Capital Goods (3,99,638.91) 11,672.61 Advance for Capital goods 11,000.00 (8,397.85) Interest received 8,474.36 9,877.48 Subsidy against Capital Investment 1,42,790.00 1,42,790.00 Net Cash used in investing activities (B) (2,37,374.55) 1,55,942.24 C. Cash Flow from financing activities: Increase/(Decrease) in Short term borrowings 46,013.04 (4,52,224.78) Increase/(Decrease) in Long term borrowings 1,38,524.22 (1,16,316.41) Interest paid (1,35,406.59) (1,04,353.37) IPO Expenses (19,260.99) - Net Cash generated from financing activities (C) 29,869.67 (6,72,894.56) Net (Decrease)/Increase in Cash & Cash Equivalents (A+B+C) (34,056.31) 1,80,765.83 Cash and Cash Equivalents as at beginning of the year 2,67,438.88 8 6,673.05 Cash and Cash Equivalents as at end of the year 2,33,382.57 2,67,438.88 Notes to cash flow statement 1. Cash Flow Statement has been prepared under the indirect method as set out in Accounting Standard (AS) 3: "Cash Flow Statements" 2.Cash and cash equivalents are reflected in the Balance Sheet as follows: Balances with banks: -in current accounts 2,33,382.57 2,67,438.88 Cash in Hand - - Total 2,33,382.57 2,67,438.88 In terms of our even date report attached For PRASS & Associates LLP For and on behalf of the Board of Directors Firm Regn. No. 107816W/W100222 Atharva Poly-Plast Limited Chartered Accountants (Formerly known as Atharva Poly-Plast Private Limited) (CA Aditya S. Patil) (Anujit Shivaji Darade) (Shivaji Kisan Darade) Partner Managing Director Director M.No.143812 DIN:02237278 DIN:08237322 Peer Review Number: 019874 Place : Pune Place : Pune UDIN: Date : July 24, 2026 Date : July 24, 2026 P [Showing first 8,000 characters — download PDF for full document]