Board Meeting Details
The Board meeting commenced at 14:30 PM and concluded at 15:35 PM on August 11, 2026.
Key Agenda Items Approved
1. Un-Audited Financial Results: The Board considered, discussed, and approved the Un-Audited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026, along with the Limited Review Report.
2. Appointment of Statutory Auditors: The Board recommended the appointment of M/s Rattan Kaur & Associates, Chartered Accountants (Firm Registration No. 022513N) as Statutory Auditors of the Company for a period of 5 years, subject to shareholder approval in the forthcoming Annual General Meeting.
Standalone Financial Results (Q1 FY27 ended June 30, 2026)
(All figures in ₹ lakhs except per share data)
Income Statement:
- Total Revenue from Operations: ₹26,753.01
- Other Operating Revenue: ₹297.33
- Total Income: ₹27,050.34
- Other Income: ₹307.98
- Total Income (including other income): ₹27,358.32
- Gross Sales: Not separately quantified in summary table
- Cost of Materials Consumed: ₹10,189.46
- Changes in Inventories: ₹3,123.78
- Employee Benefits Expense: ₹1,932.06
- Finance Costs: ₹617.71
- Depreciation and Amortization: ₹865.46
- Power, Fuel etc.: ₹993.90
- Other Expenses: ₹3,921.05
- Total Expenses: ₹24,494.46
- Profit/(Loss) Before Exceptional Items and Tax: ₹2,863.86
- Exceptional Items: ₹0.00
- Profit/(Loss) Before Tax: ₹2,863.86
- Tax Expense: ₹683.59
- Current Tax: ₹617.71
- Deferred Tax: ₹65.88
- Tax of Earlier Years: ₹0.00
- Profit/(Loss) for the Period: ₹2,180.27
- Other Comprehensive Income: ₹0.00
- Total Comprehensive Income: ₹2,180.27
Per Share Data:
- Paid-up Share Capital: ₹9,857.21 (Face Value ₹10 each)
- Basic EPS: ₹2.21
- Diluted EPS: ₹2.21
Consolidated Financial Results (Q1 FY27 ended June 30, 2026)
(All figures in ₹ lakhs)
The consolidated results include the following entities:
- Subsidiaries: Portvadie Distillers & Blenders Limited, Six Trees Drinks Private Limited, Piccadily Food and Essentials Limited
- Associate: Piccadily Sugar & Allied Industries Limited
Key consolidated figures:
- Total Comprehensive Income: ₹2,136.53
- Share of Profit/(Loss) in Associates: Included in consolidated results
- The statement includes the Group's share of total net loss after tax of ₹49.97 lakhs in respect of one overseas subsidiary based on unreviewed interim financial results.
Auditor Review
Both standalone and consolidated financial results were reviewed by the statutory auditors, M/s Rattan Kaur & Associates, who issued an unmodified conclusion stating that nothing has come to their attention that causes them to believe the statements contain any material misstatement.
Notes to Financial Results
1. The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 11, 2026.
2. Prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI Listing Regulations.
3. One business segment is seasonal in nature, making quarterly performance potentially unrepresentative of annual performance.
4. Previous period figures have been regrouped where necessary.
5. Employee benefit expenses include provision for Employee Stock Option Scheme.
Dissemination
All documents are available on the company's website at www.piccadily.com.