5399862026-04-012026-06-305399862026-06-305399862026-04-012026-06-30in-capmkt:OtherExpenses1Member5399862026-04-012026-06-30in-capmkt:ReportableSegments1Member5399862026-04-012026-06-30in-capmkt:ReportableSegments2Member5399862026-04-012026-06-30in-capmkt:ReportableSegments1Member5399862026-04-012026-06-30in-capmkt:ReportableSegments2Member5399862026-04-012026-06-30in-capmkt:ReportableSegments1Member5399862026-06-30in-capmkt:ReportableSegments1Member5399862026-04-012026-06-30in-capmkt:ReportableSegments2Member5399862026-06-30in-capmkt:ReportableSegments2Member5399862026-04-012026-06-30in-capmkt:ReportableSegments1Member5399862026-06-30in-capmkt:ReportableSegments1Member5399862026-04-012026-06-30in-capmkt:ReportableSegments2Member5399862026-06-30in-capmkt:ReportableSegments2Memberiso4217:INRiso4217:INRxbrli:shares539986COMSYNNOTLISTEDINE073V01015COMMERCIAL SYN BAGS LIMITEDMain BoardEquity2026-04-012027-03-312026-08-082026-08-05INRLakhsQuarterlyFirst quarterMulti segment2026-08-0817:00:002026-08-0818:45:00Not applicable2026-04-012026-06-30UnauditedConsolidated10912570007968000109922500064211900011762000-872840001800240001986100029750000187878000984110000115115000011511500026422000-63800025784000089331000000089331000292000896230000000403392000102.212.13002.212.13Notes to Unaudited Consolidated Financial Results for the quarter ended on 30th June, 2026: <br /> <br /> 1. This unaudited consolidated financial results of the Group comprises of results of parent Commercial Syn Bags Limited, its wholly owned subsidiary Comsyn India Private Limited and step down subsidiary Comsyn International Private Limited (formerly known as Erawat Vegcap Private Limited) and its associate Smartlift Bulk Packaging Limited, U.K. (along with its wholly owned subsidiary Smartlift Bulk Packaging (Ireland) Limited, Ireland) for quarter ended on 30th June, 2026 have been prepared in accordance with the Indian Accounting Standard as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules as amended from time to time. <br /> <br /> 2. The unaudited consolidated financial results of Commercial Syn Bags Limited its wholly owned subsidiary Comsyn India Private Limited and step down subsidiary Comsyn International Private Limited (formerly known as Erawat Vegcap Private Limited) and its associate Smartlift Bulk Packaging Limited, U.K. (along with its wholly owned subsidiary Smartlift Bulk Packaging (Ireland) Limited, Ireland) for the quarter ended 30th June, 2026 have not been audited by statutory auditors and they have provided their limited review report. The report does not have any impact on the above results and notes which needs any explanation. However, the management has exercised necessary due diligence to ensure that the consolidated financial results provide true and fair view of the Company's affairs. <br /> <br /> 3. This unaudited consolidated financial results have been approved and recommended by the Audit Committee and thereafter approved by the Board of Directors at their meeting held on 8th August, 2026. <br /> <br /> 4. The Company operates in three segments i.e. (a) Manufacture and sale of FIBC, Woven Sacks/Bags, Tarpaulin, Pond Liner, Liner and other plastic products and (b) Trading of Granules (c) Solar Power generation for Captive Consumption. <br /> <br /> The segment for Manufacture and sale of FIBC, Woven Sacks/Bags, Tarpaulin, Pond Liner, Liner and other plastic products meets the quantitative thresholds and is considered as reportable segment. Financial information of other segments (b) and (c) have been shown in 0All other Segments0 as these do not fall within the criteria for segmental report as on 30th June, 2026. <br /> <br /> 5. Previous Year and Previous Quarter(s) figures have been regrouped/ reclassified wherever necessary to confirm to this period classification. <br /> <br /> 6. The Company has received in principal approval for issuance of the warrants on preferential basis from NSE and BSE and the Board of Directors in their meeting held on 20th March 2025 allotted 20,00,000 convertible warrants of Rs. 72/- each to the promoters and promoter group. The Company has received 25% upfront money i.e. Rs. 360.00 Lakhs and utilized the same as per the object of the preferential issue as stated in the Notice of EGM. Further the Company has converted 3,87,000 warrants into equity shares. <br /> <br /> During the quarter ended 30th June, 2026, there has been no further receipt of funds and no conversion of warrants into equity shares. <br /> <br /> 7. Comsyn India Private Limited has taken a land from MPIDC 0 RO Indore on 99 years lease. The lease period of this land is from 12th January, 2022 to 11th January, 2121. The construction on this leasehold land is already started and subsequently Central Government on 24th June, 2024 had issued a notification u/s 3A of the National Highways Act, 1956 for acquisition of this land for the development projects of NHAI. <br /> After this notification, we are forced to stop our construction work. We have raised our objection against this acquisition before the Competent Authority (Sub Divisional Magistrate) and file a writ petition before the Hon0ble High Court bench at Indore. The part of our leasehold land is subject matter of acquisition and exact area to be acquired from our leasehold land is yet to be demarcated. We have prayed for the following relief in our writ petition 0 <br /> <br /> - to set aside the impugned notification related to acquisition, or <br /> <br /> - in the alternative, order an appropriate compensation <br /> <br /> The matter is yet to be decided by the Hon0ble Court and the court as an interim relief has issued the order that the Company shall not be disposed from the land. <br /> <br /> Central Government has also issue notification u/s 3D of National Highway Act, 1956 on 10th June, 2025. <br /> <br /> As the company is in possession of the land so it will continue the lease liabilities and right of use assets in respect of lease hold land in the financial statement till the final order by Hon'ble High Court. <br /> <br /> 8. The Company has commenced commercial production of expanded manufacturing capacity at its Techtex Unit on 22nd July, 2026. The construction for setting up of factory of Comsyn International Private Limited (formerly known as Erawat Vegcap Private Limited) and the expansion of SEZ unit is currently in progress. Capital expenditure incurred on the expansion up to the reporting date has been capitalized and carried under Capital Work in Progess in Balance Sheet. The Company will intimate the commencement of operations of the expanded capacity in due course. <br /> <br /> 9. The turnover on a consolidated basis increased both on a quarterly and year-on-year basis. There was also a significant improvement in EBITDA, PBT and PAT, primarily driven by higher crude oil prices, improved realisations, a favourable export market, and wide range of product mix. <br /> <br /> 10. The Company has solar power project of 1.0 MW for Captive Consumption of power. <br /> <br /> <br /> Other Expenses187878000Segment -A Manufacturing1090172000Segment-B other Segment1085000109125700001091257000Segment -A Manufacturing131799000Segment-B other Segment3177000134976000198610000115115000Segment -A Manufacturing3560624000Segment-B other Segment133872000369449600003694496000Segment -A Manufacturing1800647000Segment-B other Segment29146000182979300018647030003694496000-2920000292000