Key Quantitative Figures - Financial Results (Consolidated)

For the Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹3,755.62 Lakhs
  • Other Income: ₹32.08 Lakhs
  • Total Income: ₹3,787.70 Lakhs
  • Total Expenses: ₹3,540.95 Lakhs
  • Profit Before Tax (Continuing Operations): ₹489.33 Lakhs
  • Tax Expense: ₹172.15 Lakhs
  • Tax Adjustment (Earlier Years): ₹4.84 Lakhs
  • Net Profit After Tax (Continuing Operations): ₹312.34 Lakhs
  • Share in Profit of Joint Venture (net of tax): ₹242.58 Lakhs
  • Profit Attributable to Owners of the Parent: ₹297.90 Lakhs
  • Basic EPS (Continuing Operations): ₹2.71

Half-Year Ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: ₹7,766.22 Lakhs
  • Net Profit After Tax (Continuing Operations): ₹657.22 Lakhs
  • Profit Attributable to Owners of the Parent: ₹589.76 Lakhs

Comparative Figures (Q2 FY26):

  • Revenue from Operations: ₹3,477.26 Lakhs
  • Net Profit After Tax (Continuing Operations): ₹423.63 Lakhs
  • Profit Attributable to Owners of the Parent: ₹305.18 Lakhs

Key Quantitative Figures - Financial Results (Standalone)

For the Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹2,287.93 Lakhs
  • Net Profit After Tax (Continuing Operations): ₹402.25 Lakhs
  • Basic EPS (Continuing Operations): ₹3.66

Half-Year Ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: ₹3,971.76 Lakhs
  • Net Profit After Tax (Continuing Operations): ₹1,710.89 Lakhs
  • Basic EPS (Continuing Operations): ₹15.55

Dates of Action

  • Board Meeting: Held on November 06, 2026, commenced at 1255 hours IST and concluded at 1335 hours IST.
  • Trading Window Opening: The window for trading in shares by employees and Directors will open on November 08, 2026.
  • Director Appointments & Resignation: Effective from the close of business hours on November 06, 2026.

Parties Involved

  • Subsidiary: Prima Union Plasticos, S.A. (located outside India)
  • Joint Venture: Prima Dee-Lite Plastics SARL (located outside India)
  • Statutory Auditors: C N K & Associates LLP
  • New Directors: Mr. Hitendra Bhupatrai Bhalaria (DIN: 00169618), Mrs. Shriya Vedant Chaudhary (DIN: 10675253)
  • Resigning Director: Mr. Bhaskar Manharlal Parekh (DIN: 00166520)
  • Re-designated Director: Mr. Dilip Manharlal Parekh (DIN: 00166385)

Purpose or Rationale

  • The financial results are a mandatory quarterly disclosure under SEBI LODR Reg. 33.
  • The director appointments are to fill vacancies and strengthen the board. Mr. Bhalaria's appointment brings independent expertise, while Mrs. Chaudhary's appointment is for executive leadership.
  • Mr. Parekh resigned due to personal reasons.

Capital Structure Impact

No immediate impact on paid-up equity share capital, which remains at ₹1,100.05 Lakhs (Face Value ₹10/- per share). The director appointments are subject to shareholder approval via postal ballot, which could influence future governance but not immediate capital structure.

Cash Flow Implications

Not directly quantified in this disclosure. The financial results show operational and investing cash flows, but no specific implications from the board decisions are stated.

Other Material Details

1. Discontinued Operations:

The company demerged its Rotational Moulding business to Prima Innovation Limited (a wholly-owned subsidiary) effective March 31, 2026. Results for this business are classified as discontinued.

  • Q2 FY26 Revenue (Discontinued): ₹1,464.64 Lakhs; Loss: ₹(92.41) Lakhs
  • H1 FY26 Revenue (Discontinued): ₹2,696.65 Lakhs; Loss: ₹(156.02) Lakhs

2. Board and Committee Reconstitution:

  • Nomination & Remuneration Committee: Mr. Snehal N. Muzoomdar (Chairperson), Mr. Hitendra B. Bhalaria, Mr. Shaileshkumar S. Shah, Mrs. Daxa J. Baxi.
  • Stakeholders' Relationship Committee: Mrs. Daxa J. Baxi (Chairperson), Mr. Hitendra B. Bhalaria, Mr. Dilip M. Parekh, Mr. Snehal N. Muzoomdar, Mrs. Shriya V. Chaudhary.
  • Corporate Social Responsibility Committee: Mr. Shaileshkumar S. Shah (Chairperson), Mr. Dilip M. Parekh, Mrs. Daxa J. Baxi.

3. Postal Ballot:

Approved for seeking shareholder approval for the appointments of Mr. Bhalaria and Mrs. Chaudhary. The notice will be dispatched within prescribed timelines.

4. Geographical Revenue Split (Continuing Operations - H1 FY27):

  • India: ₹3,693.70 Lakhs
  • Other Countries: ₹4,072.22 Lakhs

Forward-Looking Guidance

No explicit forward-looking guidance or management commentary is provided in the disclosure.

#Tags: #PrimaPlastics #Q2Results #SEBIDisclosure #ManagementChange #RegulatoryCompliance #FinancialUpdate #Neutral