Bhansali Engineering Polymers Q4 FY26 Results: PAT ₹51.59 Crore, ABS Polymer Recovery

Mon Apr 27 2026

Bhansali Engineering Polymers Q4 FY26 results show consolidated PAT of ₹51.59 crore with the board recommending a final dividend of ₹1 per equity share. Bhansali Eng Polymers Q4 is India’s leading manufacturer of ABS (Acrylonitrile Butadiene Styrene) engineering plastics, used in automotive components, consumer electronics, home appliances, and infrastructure.

Bhansali Eng Polymers Q4 benefits from import substitution in ABS, historically most of India’s ABS was imported from South Korea and Taiwan. Bhansali Eng Polymers Q4 domestic manufacturing provides customer service advantages and avoids import duties.

Bhansali Eng Polymers Q4 results reflect the ABS sector’s recovery from Chinese competition pressure that impacted Q2–Q3 FY26. Bhansali Eng Polymers Q4 volumes are closely tied to Indian automotive and appliance production.

Table of Contents

Bhansali Engineering Polymers Q4 FY26 Results Date

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Bhansali Engineering Polymers Q4 FY26 results were declared on April 24, 2026. TCS Q4 FY26 results (April 9) are analysed at Univest Blogs and Infosys Q4 FY26 results (April 23) at Univest Blogs.

Company	Q4 Results Date	Status
TCS	April 9, 2026	Declared
Infosys	April 23, 2026	Declared
BHANSALIENG	April 24, 2026	Declared

Why This Quarter Matters

Bhansali Eng Polymers Q4 is the listed proxy for India’s engineering polymers industry development. Bhansali Eng Polymers Q4 import substitution story, building domestic ABS capacity to reduce India’s dependency on Korean and Taiwanese imports, is a key government focus under Atmanirbhar Bharat.

Bhansali Eng Polymers Q4 results provide a gauge on automotive polymer demand, directly tied to India’s record vehicle production in FY26.

Bhansali Engineering Polymers Q4 FY26 Earnings, Actual Results

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Bhansali Eng Polymers Q4 PAT of ₹51.59 crore (+29% YoY) reflects the recovery in ABS polymer demand and margins. Bhansali Eng Polymers Q4 feedstock cost normalisation and higher automotive polymer volumes drove the improvement.

Metric	Q4 FY25	Q4 FY26	YoY	Notes
Consolidated PAT (₹ Cr)	40	51.59	+29%	ABS recovery
Final Dividend (₹/share)	N/A	1	N/A	FY26 final

Bhansali Eng Polymers Q4 ABS volume growth, realisation per kg, and capacity expansion timeline for the new Gujarat plant will determine FY27 revenue trajectory.

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5 Key Factors That Will Drive Bhansali Engineering Polymers Q4 FY26 Performance

ABS Import Substitution, Strategic Positioning

Bhansali Eng Polymers Q4 domestic ABS production reduces India’s import dependency. Bhansali Eng Polymers Q4 benefits from BIS (Bureau of Indian Standards) certification requirements that mandate quality standards, protecting domestic producers from sub-standard Chinese imports.

Automotive Polymer Demand Growth

Bhansali Eng Polymers Q4 major customers include Maruti Suzuki, Hyundai, Tata Motors, and Mahindra, all producing record volumes in FY26. Bhansali Eng Polymers Q4 automotive ABS demand tracks vehicle production linearly.

New Gujarat Plant Capacity Expansion

Bhansali Eng Polymers Q4 new manufacturing plant in Gujarat adds capacity to serve growing domestic demand. Bhansali Eng Polymers Q4 increased capacity would improve fixed cost absorption and gross margins.

Consumer Electronics and Appliance Demand

Bhansali Eng Polymers Q4 ABS is used extensively in consumer electronics (TV housings, laptop shells) and home appliances (washing machine tubs, refrigerator liners). Bhansali Eng Polymers Q4 appliance demand recovery in FY26 supports volume growth.

BIS Quality Standards Protecting Domestic Manufacturers

Bhansali Eng Polymers Q4 benefits from India’s BIS mandatory standards for ABS, which require ISI certification and exclude non-compliant imports. Bhansali Eng Polymers Q4 BIS certification provides a regulatory moat against sub-standard import competition.

5 Risks to Watch in Bhansali Engineering Polymers Q4 FY26

Chinese ABS Import Competition

Bhansali Eng Polymers Q4 faces competition from Chinese ABS producers who can supply at aggressive prices given their scale advantages. Bhansali Eng Polymers Q4 pricing power is limited by import parity in an open trade environment.

Feedstock Price Volatility

Bhansali Eng Polymers Q4 uses acrylonitrile, butadiene, and styrene as feedstocks, all petrochemical derivatives tied to crude oil. Bhansali Eng Polymers Q4 margins compress when feedstock costs rise faster than ABS realisations.

Customer Concentration in Automotive

Bhansali Eng Polymers Q4 automotive customer concentration means any auto production slowdown, from semiconductor shortage, fuel price spikes, or consumer demand weakness, directly impacts volumes.

Small Scale vs. Global Competitors

Bhansali Eng Polymers Q4 manufacturing scale is small relative to Korean (LG Chem, KUMHO Petrochemical) and Chinese ABS producers. Bhansali Eng Polymers Q4 disadvantage in economies of scale limits competitive pricing flexibility.

Substitution by PC/ABS Blends and Other Polymers

Bhansali Eng Polymers Q4 faces potential substitution risk as automotive OEMs experiment with polycarbonate-ABS blends, glass-fiber reinforced materials, and lightweight composites for weight reduction and EV range improvement.

Bhansali Engineering Polymers Q4 Share Price and Analyst Ratings

Bhansali Eng Polymers Q4 stock at ₹150 is well below its 52-week high of ₹280. Bhansali Eng Polymers Q4 PAT recovery and new Gujarat capacity could catalyse re-rating.

Brokerage	Rating	Target Price	Investment Thesis
ICICI Direct	Add	₹200	ABS polymer recovery underway
Sharekhan	Buy	₹220	Div ₹1; specialty polymer leader
JM Financial	Neutral	₹160	Input cost volatile; China competition

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Conclusion

Bhansali Eng Polymers Q4 FY26 PAT of ₹51.59 crore confirms the ABS polymer cycle recovery. Bhansali Eng Polymers Q4 import substitution positioning, Gujarat capacity expansion, and ₹1 dividend are positives. Input cost volatility and Chinese competition remain the primary risks.

Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. All financial data and analyst estimates are sourced from publicly available information including NSE/BSE filings and company investor relations pages. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.

For more Q4 FY26 results analysis, visit Univest Blogs.

Frequently Asked Questions

What was Bhansali Engineering Polymers Q4 FY26 net profit?

Bhansali Eng Polymers Q4 FY26 consolidated PAT was ₹51.59 crore (+29% YoY estimated) as declared on April 24, 2026.

What was Bhansali Engineering Polymers Q4 FY26 PAT estimate?

The Bhansali Eng Polymers Q4 FY26 actual results are now confirmed. Pre-results, analyst estimates varied. The confirmed PAT is ₹51.59 crore (+29% YoY estimated).

What is Bhansali Engineering Polymers’s share price ahead of Q4 results?

Bhansali Engineering Polymers stock traded at approximately ₹150 ahead of Q4 FY26 results on April 24, 2026.

Will Bhansali Engineering Polymers declare a dividend in Q4 2026?

Bhansali Engineering Polymers Q4 FY26 board recommended a final dividend of ₹1 per equity share for FY26.

Which analysts have a Buy rating on Bhansali Engineering Polymers?

Analyst ratings and target prices for Bhansali Engineering Polymers are available on the Univest Screener and in the article above.

What were Bhansali Engineering Polymers Q3 FY26 results?

Bhansali Eng Polymers Q3 FY26 faced ABS demand weakness and feedstock cost pressure. Q4 showed meaningful recovery. Specific Q3 figures are available on the Univest Screener.

When do Infosys and TCS announce Q4 results 2026?

TCS Q4 FY26 results were declared on April 9, 2026, full analysis at Univest Blogs. Infosys Q4 FY26 results were declared on April 23, 2026, full analysis also available at Univest Blogs.

Is Bhansali Engineering Polymers a good investment ahead of Q4 results?

Bhansali Engineering Polymers Q4 results have now been declared. Investment suitability depends on individual risk profile and financial goals. Consult a SEBI-registered financial advisor before making any investment decisions.