Board Meeting Details

The Board meeting was held on August 07, 2026, commencing at 03:00 p.m. and concluding at 05:30 p.m.

Key Approvals

1. Unaudited Financial Results: The Board approved the unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The results include disclosures required under Regulations 33 and other provisions of the Listing Regulations. The financial statements were reviewed by the statutory auditors, Deloitte Haskins & Sells LLP, who issued a Limited Review Report.

2. Statement of Deviation/Variation: The Board approved the Statement of Deviation or Variation under Regulation 32 of SEBI (LODR) Regulations, 2015, which indicates no deviation in the utilization of funds raised.

Financial Results - Standalone (₹ in Lakhs)

  • Revenue from operations: Q1 FY27: 25,715.41; Q4 FY26: 30,423.21; Q1 FY26: 28,193.10; FY26: 1,11,549.87
  • Other income: Q1 FY27: 1,451.69; Q4 FY26: 1,292.85; Q1 FY26: 1,940.43; FY26: 6,683.08
  • Total income: Q1 FY27: 27,167.10; Q4 FY26: 31,716.06; Q1 FY26: 30,133.53; FY26: 1,18,232.95
  • Profit before tax: Q1 FY27: 2,105.73; Q4 FY26: 1,874.17; Q1 FY26: 3,089.88; FY26: 9,599.83
  • Profit after tax: Q1 FY27: 1,685.65; Q4 FY26: 2,236.58; Q1 FY26: 2,345.91; FY26: 8,049.09
  • Earnings per share (Basic & Diluted): Q1 FY27: ₹0.75; Q4 FY26: ₹0.99; Q1 FY26: ₹1.04; FY26: ₹3.57
  • Paid-up equity capital: ₹11,044.25 lakhs (face value ₹5 per share)

Financial Results - Consolidated (₹ in Lakhs)

  • Revenue from operations: Q1 FY27: 52,671.57; Q4 FY26: 65,359.22; Q1 FY26: 52,901.01
  • Other income: Q1 FY27: 1,809.42; Q4 FY26: 761.65; Q1 FY26: 1,724.61
  • Total income: Q1 FY27: 54,480.99; Q4 FY26: 66,120.87; Q1 FY26: 54,625.62
  • Profit before tax: Q1 FY27: 9,469.42; Q4 FY26: 11,648.87; Q1 FY26: 10,754.64
  • Profit after tax: Q1 FY27: 7,340.22; Q4 FY26: 9,012.25; Q1 FY26: 8,065.09
  • Earnings per share (Basic & Diluted): Q1 FY27: ₹3.25; Q4 FY26: ₹4.00; Q1 FY26: ₹3.58
  • Paid-up equity capital: ₹11,044.25 lakhs (face value ₹5 per share)

Fund Utilization Statement

  • Total amount raised: ₹738 crores
  • Monitoring agency: CARE Ratings Limited
  • Deviation/Variation: No deviation or variation in use of funds raised
  • Shareholder approval: Not applicable

Detailed Fund Utilization (₹ Crores)

1. Investment in Cello Consumerware Private Limited for setting up new manufacturing facility for stainless steel bottles and plastic insulatedware and household articles:

  • Original allocation: 105.25
  • Funds utilized: 91.74
  • Deviation: NIL

2. Investment in subsidiaries (Cello Household Product Private Limited, Cello Houseware Private Limited, Cello Industries Private Limited, Unomax Stationery Private Limited) for repayment/pre-payment of borrowings from Promoters:

  • Original allocation: 236.96
  • Funds utilized: 236.96
  • Deviation: NIL

3. Repayment/pre-payment of Company's borrowings from WimPlast Limited:

  • Original allocation: 100.00
  • Funds utilized: 100.00
  • Deviation: NIL

4. Repayment/pre-payment of Company's borrowings from Promoters:

  • Original allocation: 83.05
  • Funds utilized: 83.05
  • Deviation: NIL

5. Augmenting working capital:

  • Original allocation: 80.00
  • Modified allocation: 79.80
  • Funds utilized: 79.80
  • Deviation: NIL
  • Remarks: QIP issue expenses increased by ₹0.20 crores to ₹24.20 crores, adjusted against working capital allocation, reducing it from ₹80.00 crores to ₹79.80 crores. Approved by QIP Committee on July 9, 2024.

6. General Corporate Purposes:

  • Original allocation: 108.06
  • Funds utilized: 108.06
  • Deviation: NIL

7. Issue Expenses:

  • Original allocation: 24.00
  • Modified allocation: 24.20
  • Funds utilized: 24.20
  • Deviation: NIL
  • Remarks: QIP issue expenses increased by ₹0.20 crores from the estimated ₹24.00 crores to ₹24.20 crores.

Significant Corporate Development

The Composite Scheme of Arrangement among Wim Plast Limited, Cello Consumer Products Private Limited, and Cello World Limited was sanctioned by the Hon'ble NCLT, Ahmedabad Bench on May 14, 2026. The scheme became effective from the Appointed Date of April 1, 2025, upon filing with the Registrar of Companies on May 27, 2026.

As part of the scheme, the Company is in the process of allotting 46,53,239 equity shares of ₹5 each to the shareholders of WPL (other than the Company). The amalgamation has been accounted in accordance with Ind AS 103, and comparatives have been restated to give effect from April 1, 2025.

Subsidiaries Included in Consolidation

The consolidated results include the following entities: Cello World Limited (Parent), Cello Household Products Private Limited, Cello Houseware Private Limited, Cello Industries Private Limited, Cello Consumerware Private Limited, Unomax Stationery Private Limited, Unomax Writing Instruments Private Limited, Unomax Sales and Marketing Private Limited, Cello Consumer Products Private Limited, Arko Glass International Private Limited, Cello Writing and Stationery Private Limited, Cello Tips Private Limited, and Wimplast Moulding Private Limited.

Auditor's Review

The standalone and consolidated financial results were reviewed by Deloitte Haskins & Sells LLP, who issued an unmodified review conclusion stating that nothing has come to their attention that causes them to believe the statements contain any material misstatement.