Board Meeting Details

The Board of Directors meeting was held on August 10, 2026, commencing at 04:10 PM IST and concluding at 05:30 PM IST. The Audit Committee reviewed and recommended the financial results prior to Board approval.

Financial Results - Standalone (₹ in Lakhs)

Income Statement - Continuing Operations

  • Revenue from Operations: ₹1,683.83 lakhs (Q1 FY27) vs ₹1,706.63 lakhs (Q1 FY26) vs ₹2,502.51 lakhs (Q4 FY26)
  • Other Income: ₹1,741.83 lakhs (Q1 FY27) vs ₹833.00 lakhs (Q1 FY26) vs ₹15.28 lakhs (Q4 FY26)
  • Total Income: ₹3,425.66 lakhs (Q1 FY27) vs ₹2,539.63 lakhs (Q1 FY26) vs ₹2,517.79 lakhs (Q4 FY26)
  • Total Expenses: ₹1,727.23 lakhs (Q1 FY27) vs ₹1,777.87 lakhs (Q1 FY26) vs ₹2,386.53 lakhs (Q4 FY26)
  • Profit Before Tax: ₹1,698.43 lakhs (Q1 FY27) vs ₹761.76 lakhs (Q1 FY26) vs ₹131.26 lakhs (Q4 FY26)
  • Tax Expense: ₹389.79 lakhs (Q1 FY27) vs ₹134.66 lakhs (Q1 FY26) vs ₹38.45 lakhs (Q4 FY26)
  • Net Profit After Tax: ₹1,308.64 lakhs (Q1 FY27) vs ₹627.10 lakhs (Q1 FY26) vs ₹77.16 lakhs (Q4 FY26)

Discontinued Operations

  • Loss Before Tax: ₹(1.28) lakhs (Q1 FY27) vs ₹(55.25) lakhs (Q1 FY26) vs ₹(270.02) lakhs (FY26)
  • Tax Benefit: ₹0.40 lakhs (Q1 FY27) vs ₹(67.24) lakhs (FY26)
  • Loss After Tax: ₹(1.68) lakhs (Q1 FY27) vs ₹(55.25) lakhs (Q1 FY26) vs ₹(202.78) lakhs (FY26)

Comprehensive Income

  • Total Comprehensive Income: ₹1,308.64 lakhs (Q1 FY27) vs ₹571.85 lakhs (Q1 FY26) vs ₹75.48 lakhs (Q4 FY26)
  • Profit Attributable to Owners: ₹344.88 lakhs (Q1 FY27) vs ₹317.92 lakhs (Q1 FY26) vs ₹291.86 lakhs (Q4 FY26)
  • Basic EPS: ₹2.65 (Q1 FY27) vs ₹2.89 (Q1 FY26) vs ₹7.83 (Q4 FY26)

Financial Results - Consolidated (₹ in Lakhs)

Income Statement - Continuing Operations

  • Revenue from Operations: ₹4,010.60 lakhs (Q1 FY27) vs ₹3,479.20 lakhs (Q1 FY26) vs ₹4,665.43 lakhs (Q4 FY26)
  • Other Income: ₹29.68 lakhs (Q1 FY27) vs ₹67.12 lakhs (Q1 FY26) vs ₹17.36 lakhs (Q4 FY26)
  • Total Income: ₹4,040.28 lakhs (Q1 FY27) vs ₹3,546.32 lakhs (Q1 FY26) vs ₹4,682.79 lakhs (Q4 FY26)
  • Total Expenses: ₹3,360.53 lakhs (Q1 FY27) vs ₹3,167.30 lakhs (Q1 FY26) vs ₹3,866.62 lakhs (Q4 FY26)
  • Profit Before Tax: ₹679.75 lakhs (Q1 FY27) vs ₹379.02 lakhs (Q1 FY26) vs ₹816.17 lakhs (Q4 FY26)
  • Exceptional Items: ₹222.98 lakhs (Q1 FY27)
  • Share in Profit of Joint Venture: ₹1,128.81 lakhs (Q1 FY27) vs ₹630.57 lakhs (Q1 FY26) vs ₹2,970.43 lakhs (FY26)
  • Tax Expense: ₹557.85 lakhs (Q1 FY27) vs ₹15.65 lakhs (Q4 FY26)
  • Net Profit After Tax: ₹902.73 lakhs (Q1 FY27) vs ₹227.83 lakhs (Q1 FY26) vs ₹188.39 lakhs (Q4 FY26)

Discontinued Operations

  • Loss Before Tax: ₹(1.28) lakhs (Q1 FY27) vs ₹(55.25) lakhs (Q1 FY26) vs ₹(270.02) lakhs (FY26)
  • Tax Benefit: ₹0.40 lakhs (Q1 FY27) vs ₹(67.24) lakhs (FY26)
  • Loss After Tax: ₹(1.68) lakhs (Q1 FY27) vs ₹(55.25) lakhs (Q1 FY26) vs ₹(202.78) lakhs (FY26)

Comprehensive Income

  • Total Comprehensive Income: ₹263.66 lakhs (Q1 FY27) vs ₹863.54 lakhs (Q1 FY26) vs ₹1,404.64 lakhs (Q4 FY26)
  • Profit Attributable to Owners: ₹861.52 lakhs (Q1 FY27) vs ₹1,990.95 lakhs (FY26)
  • Basic EPS: ₹7.85 (Q4 FY26) vs ₹2.89 (Q1 FY26)

Discontinued Operations Details

The rotational moulding business was demerged to Prima Innovation Limited (wholly-owned subsidiary incorporated June 20, 2024) effective March 31, 2026, with appointed date July 1, 2024. The scheme was approved by the Board on November 12, 2024, and sanctioned by NCLT Ahmedabad on March 16, 2026.

Discontinued Operations Performance (₹ in Lakhs):

  • Revenue: ₹1,442.03 (Q4 FY26) vs ₹1,237.01 (Q1 FY26) vs ₹5,096.93 (FY26)
  • Other Income: ₹1.85 (Q4 FY26) vs ₹1.07 (Q1 FY26) vs ₹4.66 (FY26)
  • Loss Before Tax: ₹(1.28) (Q4 FY26) vs ₹(55.25) (Q1 FY26) vs ₹(270.02) (FY26)
  • Loss After Tax: ₹(1.68) (Q4 FY26) vs ₹(55.25) (Q1 FY26) vs ₹(202.78) (FY26)

Segment Information

The company operates exclusively in plastic articles and related products with no reportable segments. Revenue from external customers: India ₹1,538.42 lakhs, Others ₹2,472.18 lakhs (Q1 FY27). Non-current assets: India ₹2,202.78 lakhs, Others ₹513.94 lakhs (as of June 30, 2026).

Auditor's Review

CNK & Associates LLP issued unmodified limited review reports for both standalone and consolidated results. The review was conducted in accordance with SRE 2410, providing moderate assurance without expressing an audit opinion.

Subsidiary Information: Prima Union Plasticos, S.A. (located outside India) contributed revenues of ₹2,331.54 lakhs and net profit of ₹530.17 lakhs for Q1 FY27, reviewed by other auditors.

Joint Venture Information: Prima Dee-Lite Plastics SARL contributed share of net profit after tax of ₹222.98 lakhs for Q1 FY27, with financial results prepared by management and reviewed by independent chartered accountant.

Trading Window Closure

The trading window for insiders was closed and will reopen on August 13, 2026, in accordance with the company's Code of Conduct for Prohibition of Insider Trading.