Nature of the Event

This document is a regulatory filing submitted to the BSE Limited. It comprises the Annual Report for the financial year ended March 31, 2026, and the Notice convening the 47th Annual General Meeting (AGM) of Prakash Woollen & Synthetic Mills Limited, to be held on September 25, 2026. The submission is made pursuant to Regulation 30 & 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Quantitative Figures

Financial Performance (FY 2025-26 vs. FY 2024-25)

  • Revenue from Operations: ₹10,625.48 lakh (Previous Year: ₹10,517.37 lakh)
  • Other Income: ₹6.32 lakh (Previous Year: ₹2.03 lakh)
  • Total Revenue: ₹10,631.80 lakh (Previous Year: ₹10,519.40 lakh)
  • Profit before Depreciation & Tax: ₹322.51 lakh (Previous Year: Loss of ₹396.03 lakh)
  • Depreciation: ₹428.31 lakh (Previous Year: ₹513.10 lakh)
  • Profit before Tax & Exceptional Items: Loss of ₹105.80 lakh (Previous Year: Loss of ₹909.13 lakh)
  • Exceptional Items: ₹47.82 lakh (Previous Year: ₹1,053.83 lakh)
  • Profit before tax: Loss of ₹57.98 lakh (Previous Year: Profit of ₹144.70 lakh)
  • Current Tax: ₹0.00 lakh (Previous Year: ₹150.29 lakh)
  • Deferred Tax Asset/(Liability): ₹181.22 lakh (Previous Year: ₹131.24 lakh)
  • Tax in respect of earlier years: ₹150.43 lakh (Previous Year: ₹0.00 lakh)
  • Profit after Tax: Loss of ₹88.77 lakh (Previous Year: Profit of ₹125.65 lakh)
  • Earnings Per Share (EPS): -₹0.86 (Previous Year: ₹1.22)

Other Financial Data

  • Authorized Share Capital: ₹12,00,00,000 (1,20,00,000 equity shares of ₹10 each)
  • Paid-up Share Capital: ₹10,25,97,500 (1,02,59,750 equity shares of ₹10 each)
  • Total Borrowings (Non-Current + Current): ₹4,004.39 lakh
  • Foreign Exchange Earned: ₹35.13 lakh
  • Foreign Exchange Outgo: ₹35.13 lakh (Imports: ₹31.63 lakh, Travelling: ₹3.50 lakh)

Dates of Action

  • Date of Notice/Report: August 11, 2026
  • 47th AGM Date: September 25, 2026, at 11:45 AM
  • E-Voting Period: September 22, 2026 (10:00 IST) to September 24, 2026 (17:00 IST)
  • Record Date (Cut-off) for E-Voting/AGM: September 19, 2026
  • Financial Year Ended: March 31, 2026

Parties Involved

  • Stock Exchange: BSE Limited (Scrip Code: 531437, Scrip ID: PWASML)
  • Statutory Auditors: Harshit Mehrotra And Associates, Chartered Accountants
  • Secretarial Auditor: Mr. R. S. Bhatia, Company Secretary in Practice
  • Registrar & Transfer Agent: Skyline Financial Services Private Limited
  • Banker: State Bank of India
  • Scrutinizer for E-Voting: Mr. Rupinder Singh Bhatia, Practicing Company Secretary
  • Board of Directors:
  • Dr. Sandeep Raj (Chairman & Independent Director)
  • Mr. Daya Kishan Gupta (Managing Director)
  • Mr. Vijay Kumar Gupta (Whole Time Director & CFO)
  • Mr. Adeep Gupta (Whole Time Director)
  • Mr. Ashish Gupta (Whole Time Director)
  • Mr. Kapil Gupta (Whole Time Director)
  • Dr. Swatantra Agrawal (Independent Director)
  • Dr. Latha Agrawal (Independent Director)
  • CA Pankaj Kumar Mittal (Independent Director)
  • Mr. Mayur Gupta (Non-Independent Director)
  • Mr. Deepak Oberoi (Non-Independent Director)
  • Company Secretary: Ms. Sneha Agarwal

Purpose and Rationale

The primary purpose of this document is to comply with SEBI LODR Regulations by disseminating the Annual Report and AGM Notice to shareholders and the stock exchange. The AGM is convened to seek shareholder approval on ordinary and special business, including the adoption of financial statements and director appointments.

Financial and Operational Impact

  • The company incurred a net loss of ₹88.77 lakh for FY26. The loss is attributed to a sudden increase in the cost of raw material and fuel, and the inability to pass on the enhanced cost to customers.
  • The operating loss before tax reduced significantly to ₹105.80 lakh from ₹909.13 lakh in the previous year, indicating an improvement in operational efficiency.
  • No dividend was recommended for the financial year.
  • The company's capital structure remained unchanged during the year.

Capital Structure Impact

There was no change in the share capital during the year. The company did not issue any shares with differential voting rights, sweat equity, or bonus shares. No buy-back of securities was undertaken.

Cash Flow Implications

Cash flow implications are derived from the operating, investing, and financing activities as presented in the Cash Flow Statement. Specific amounts are detailed in the audited financial statements.

Forward-Looking Guidance

Management commentary indicates steps for improvement include expanding the client base, focusing on revenue enhancement, and expense efficiency. It is expected that profitability would improve in the future. No specific quantitative guidance is provided.