Chemicals • Synthetic resins
Resins and Plastics Limited, based in Mumbai, makes synthetic resins. These are the binders that go into paints, coatings, adhesives, printing inks and construction chemicals. Its range covers alkyds, acrylics, polyamides, phenolic, polyurethane and maleic resins. The company says it started operations in 1971 and calls itself a pioneer in synthetic resins in India. It has three manufacturing plants: one at Taloja in Maharashtra and two at Ankleshwar in Gujarat. Both locations are close to shipping ports. Sales go through a pan-India network of distributors to small, large and multinational customers. Exports are small. In FY26 the home market gave ₹32,144.88 lakh of sales and exports gave ₹902.32 lakh. The company reports a single business segment, synthetic resins. The numbers below are from the audited standalone accounts for the year ended 31 March 2026, stated in ₹ lakh. Revenue from operations was ₹33,147.71 lakh, up from ₹29,504.72 lakh in FY25. Profit after tax rose to ₹2,136.82 lakh from ₹1,160.88 lakh. Earnings per share were ₹51.21. The company had no borrowings on its balance sheet, and finance cost was only ₹9.36 lakh. The board has recommended a dividend of ₹9 per share for FY26. The company has 41,72,300 equity shares of ₹10 each. The promoter group holds 36,97,863 shares, which is 88.63% of the total, and the rest is with other shareholders. Dipika A. Vakil is the Chairperson and Rupen A. Choksi is the Managing Director. The company is not listed and has not filed a DRHP that we track. Its shares trade off-market through unlisted-share dealers, so the price we show (₹675 per share, lot of 100) is only an indicative price and not an exchange price. IPO Guru is not a SEBI-registered research analyst and this is not a recommendation.
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Data refreshed 08 Nov 2026, 11:00 pm IST.