Small Cap Stock Under Rs 30 On Fire! Specialty Chemical Stock Jumps 152% In 3 Months | Do You Own?

Small Cap Stock Alert: Shares of AVI Polymers Limited continued to rally for the third consecutive session on Thursday. The specialty chemical stock has delivered 152% return in three months.

AVI Polymers shares and proposed ₹500 crore fundraise

In a regulatory update, AVI Polymers said the Board of Directors will meet on Thursday, May 7, to review strategic proposals. The agenda includes a possible capital raise of about ₹500 crore, with options such as a Qualified Institutional Placement, preferential issue, private placement, or a mix of these, all needing regulatory and shareholder approvals.

The company added that "The proposed transaction, being assessed at an indicative valuation of around ₹500 crore, is subject to due diligence and execution of definitive agreements." Chintan Patel, Managing Director of AVI Polymers Ltd., said, "We are evaluating a fundraise of up to ₹500 crore to support our next phase of growth.

"This initiative will strengthen our balance sheet, enhance operational capabilities, and enable strategic expansion, reinforcing our commitment to creating long-term value for shareholders and capitalising on emerging opportunities." The Board will also review changes to the Memorandum of Association, so the object clause can cover information technology, software development, system integration, digital platforms and related technology services.

AVI Polymers shares and FY26 financial performance
For the March quarter of FY26, AVI Polymers reported revenue of ₹150.28 crore, up 13.6% from ₹132.32 crore in Q3FY26. Net profit for the quarter rose to ₹10.24 crore, compared with ₹7.01 crore in the previous quarter, giving growth of 46.1% and signalling higher margins in the core trading activity.

The full-year FY26 numbers showed an even sharper shift. Revenue increased to ₹312.11 crore from just ₹0.06 crore a year earlier. Net profit for FY26 stood at ₹20.33 crore, while the company had posted a net profit of only ₹0.82 crore in FY25, reflecting the scale-up of operations during the year.

AVI Polymers reported a PBT margin of 8.88% and a PAT margin of 6.51% for FY26, which it described as solid profitability for a high-velocity trading business that is also investing in technology subsidiaries. Net worth jumped to ₹115.99 crore at the end of FY26, from ₹5.67 crore a year ago, while borrowings were negligible and cash and cash equivalents were ₹16.60 crore.