All Time Plastics Limited — Q3 FY26
All Time Plastics reported Q3 FY26 revenue of ₹159.3 crore, up 7% YoY and 8.1% QoQ, driven by improved export order traction and plant execution.
bullish
medium
✓ Verified against BSE filing
Claim Ledger
Did management answer the analysts?
Every material analyst question, graded on whether management actually answered it — with the verbatim exchange and quantitative claims checked against filed numbers.
79%Questions answered0Evaded / deflected12Questions auditedContradictedNumbers vs filing
Partial answer
High priority
Key factors for subdued revenue growth
Asked by Virj Sha, Sha Investments
Management gave a qualitative reason but no numbers on how much demand fell or export improvement.
no quantification of demand declineno specific numbers
Read the exchange
Question
Revenue growth has been subdued. Could you please elaborate the key factors for the same?
Management
So the key factor is the demand from the existing customer is slightly lower but we are seeing the improvement now from the export market.
Answered
Medium priority
Pricing pressures in export market
Asked by Virj Sha, Sha Investments
Management directly denied any pricing pressure.
Read the exchange
Question
Are you still facing any pricing pressures customer negotiations or cost challenges in that market on the pricing front or it is stabilized?
Management
So no no we are not facing any such issues. No pricing pressure we are noting pressure.
Answered
Medium priority
Driver for sequential gross margin movement
Asked by Virj Sha, Sha Investments
Management clearly attributed margin improvement to customer mix.
Read the exchange
Question
What was the driver for the sequential movement in the gross margin?
Management
So basically it is the customer mix as explained in the last call also. So the customers with a higher margin their sale has improved as expected.
Answered
Medium priority
Details on MOU with Northeast Cane and Bamboo Development Council
Asked by Nirali Gopani, Unique Portfolio Management
Management provided detailed explanation of the MOU's purpose and benefits.
Read the exchange
Question
Can you highlight few points on this MOU?
Management
Sure. So from the MOU what we have signed with the government on these two projects it's more about getting the engineering bamboo boards manufactured near the plantation areas...
Partial answer
High priority
Capex and timeline for bamboo business
Asked by Nirali Gopani, Unique Portfolio Management
Management gave timeline but initially avoided capex amount; later disclosed 10 crores.
no exact capex amount given initially
Read the exchange
Question
Do we have any clarity on how when do we plan the capex for bamboo?
Management
So now we are starting it and we'll be doing the commercial production. So within a month's time the commercial production will be from the pilot.
Partial answer
Medium priority
Growth of all-time branded products in 9 months
Asked by Nirali Gopani, Unique Portfolio Management
Management gave domestic growth but not overall branded product growth.
only domestic growth given, not overall
Read the exchange
Question
In the last 9 months how has the all-time branded products seen growth in revenue?
Management
So for the 9 months as compared to the last the growth on in the domestic market is more than 30%.
Answered
Medium priority
Reason for JV amendment
Asked by Nirali Gopani, Unique Portfolio Management
Management explained the reason clearly.
Read the exchange
Question
Is the JV not performing as expected or it's a normal course of action?
Management
No, it's a absolute normal course of action and this has been driven by the geopolitical situation and the tariffs...
Partial answer
High priority
Sequential improvement in EBITDA margin
Asked by Nirali Gopani, Unique Portfolio Management
Management gave qualitative assurance but no quantitative guidance.
no specific margin guidance
Read the exchange
Question
Will we see sequential improvement in EBITDA margin in the coming quarters?
Management
Yeah. So EBITDA margin will definitely increase as the turnover increase because this fixed cost will be absorbed by that turnover...
Answered
High priority
Top client contribution and change
Asked by Ana Nitani, Thinkwise Wealth Managers
Management provided the exact percentage and comparison.
Read the exchange
Question
I wanted to understand contribution from top client. So can you share the figure or how the share has changed?
Management
So this 78% from the top customer and last year how much year on year it is almost same. So last year also it was 79%.
Answered
High priority
Utilization at Katalada facility
Asked by Sedat Jane, Yes Security Securities
Management gave a specific utilization percentage.
Read the exchange
Question
What is the utilization of Katalada at the moment?
Management
If we take the capacity so it is 44.25% of the annualized capacity this is including the 2,000 which got operational at the end of December.
Answered
Medium priority
Revenue from bamboo sales in Q3
Asked by Sedat Jane, Yes Security Securities
Management clearly stated no bamboo revenue in Q3.
Read the exchange
Question
Did we book any revenue from bamboo sales in this quarter?
Management
No not not in the third quarter.
Partial answer
High priority
Growth outlook for plastic business excluding bamboo
Asked by Rahulles, Safia Capital
Management gave qualitative outlook but no quantitative growth guidance.
no specific growth percentage
Read the exchange
Question
What is our growth outlook purely from the ATPL business of the plastic molding etc. for quarter four and coming quarters?
Management
So for plastic business we'll be able to utilize the installed capacity... So by Q2 we'll be able to utilize as per our historical utilization.
Quantitative claims vs filed numbers
| Claim | Management said | Filing | Verdict |
|---|---|---|---|
| Domestic branded product growth >30% in 9 months | 30% | 7% | Overstated vs filing |
Filed figures sourced from Screener.in. Claims within a small tolerance of the filing are marked “matches filing”.