Panjon Limited held a board meeting on November 5, 2026, commencing at 4:00 PM and concluding at 4:30 PM at its registered office in Indore. The board considered and approved two key matters:

1. Financial Results Approval

The board approved the un-audited standalone financial results for the quarter and half-year ended September 30, 2026, along with the limited review report thereon.

Financial Performance Highlights (₹ in lakhs):

  • Quarter Ended September 30, 2026:
  • Revenue from operations: ₹101,162
  • Other income: ₹700
  • Total income: ₹110,862
  • Total expenses: ₹109,172
  • Profit before tax: ₹1,690
  • Net profit: ₹1,690
  • Basic & diluted EPS: ₹0.010
  • Half-Year Ended September 30, 2026:
  • Revenue from operations: ₹190,902
  • Other income: ₹1,425
  • Total income: ₹192,327
  • Total expenses: ₹189,569
  • Profit before tax: ₹2,758
  • Net profit: ₹2,758
  • Basic & diluted EPS: ₹0.017

Comparative Figures (₹ in lakhs):

  • Previous quarter (Q1 FY27): Net profit of ₹1,068
  • Corresponding quarter previous year (Q2 FY26): Net profit of ₹2,244
  • Full year FY26 (Audited): Net profit of ₹5,999

Balance Sheet Position as at September 30, 2026 (₹ in lakhs):

  • Total assets: ₹21,616.1
  • Inventories: ₹3,993.4
  • Trade receivables: ₹5,844.2
  • Cash and cash equivalents: ₹972.0
  • Loans: ₹4,228.7
  • Equity share capital: ₹17,164.5
  • Other equity: ₹-1,334
  • Total liabilities: ₹4,450.3

Cash Flow Statement for Half-Year Ended September 30, 2026 (₹ in lakhs):

  • Net cash flow from operating activities: ₹-4,015
  • Net cash flow from investing activities: ₹-1,622
  • Net cash flow from financing activities: ₹3,207
  • Net decrease in cash: ₹-2,430
  • Opening cash balance (April 1, 2026): ₹729.0
  • Closing cash balance (September 30, 2026): ₹972.0

2. Management Change

The board took note of the resignation of Ms. Arpita Vijay Vargiya (ACS: A69681) from the post of Company Secretary, effective November 5, 2026. The reason for resignation was stated as "pre-occupation and other personal reasons."

Additional Information

  • The company operates in only one segment, making Ind AS-108 "Operating Segment" not applicable.
  • No provision for tax was made due to carried forward losses.
  • The financial results are in accordance with Indian Accounting Standards (Ind AS).
  • The current quarter results were subjected to a limited review by the statutory auditors, Goyal Parul & Co.
  • The statement does not include Ind AS compliant results for the corresponding preceding quarter of the previous year.
  • No investor complaints were pending or received during the quarter.