Prime Industries Limited disclosed the outcome of its Board Meeting held on 29th May 2026 through a regulatory filing to BSE Limited pursuant to SEBI LODR Regulations 30 and 33.
The Board of Directors approved the following items:
1. Approval of Financial Results: The Board approved Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended 31st March, 2026.
2. Approval of Audited Financial Statement: The Board approved the Audited Financial Statement (Standalone & Consolidated) for the financial year ended 31st March, 2026.
3. Other routine businesses were transacted with the permission of the chair.
The Board Meeting commenced at 11:00 AM and concluded at 03:00 PM IST.
Standalone Financial Highlights (FY2026)
- Total Revenue: ₹282.12 million
- Total Expenses: ₹250.86 million
- Profit Before Tax: ₹31.26 million
- Tax Expense: ₹0.94 million
- Net Profit for the Period: ₹30.32 million
- Total Comprehensive Income: ₹30.32 million
- Profit After Minority Interest: ₹14.43 million
- Paid-up Equity Share Capital: ₹105.38 million (Face Value ₹5 per share)
- Earnings Per Share (Basic & Diluted): ₹1.44
Consolidated Financial Highlights (FY2026)
- Total Revenue: ₹930.39 million
- Total Expenses: ₹766.12 million
- Profit Before Tax: ₹164.27 million
- Tax Expense: ₹4.20 million
- Net Profit for the Period: ₹160.07 million
- Minority Interest: ₹75.95 million
- Profit After Minority Interest: ₹84.12 million
- Paid-up Equity Share Capital: ₹105.38 million (Face Value ₹5 per share)
- Earnings Per Share (Basic & Diluted): ₹7.62
Segment-wise Performance (Consolidated, FY2026)
- Manufacturing Segment Revenue: ₹826.70 million
- Investment/Trading Segment Revenue: ₹103.69 million
- Manufacturing Segment Profit: ₹151.70 million
- Investment/Trading Segment Profit: ₹12.57 million
Cash Flow Statements
Standalone Cash Flow (FY2026):
- Net cash used in operating activities: ₹(60.42) million
- Net cash used in investing activities: ₹(20.40) million
- Net cash from financing activities: ₹178.65 million
- Net increase in cash equivalents: ₹97.83 million
- Cash equivalents at year-end: ₹396.03 million
Consolidated Cash Flow (FY2026):
- Net cash used in operating activities: ₹(588.97) million
- Net cash used in investing activities: ₹(17.79) million
- Net cash from financing activities: ₹714.92 million
- Net increase in cash equivalents: ₹108.16 million
- Cash equivalents at year-end: ₹406.36 million
Balance Sheet Position (as at 31.03.2026)
Standalone:
- Total Assets: ₹784.82 million
- Total Equity: ₹393.02 million
- Total Liabilities: ₹391.80 million
Consolidated:
- Total Assets: ₹1,710.64 million
- Total Equity: ₹737.38 million
- Total Liabilities: ₹973.26 million
Auditors' Report
M/s Bhushan Aggarwal & Co., Chartered Accountants (FRN: 005362N), issued unmodified audit opinions on both standalone and consolidated financial results. The review was conducted in accordance with SRE 2410 and SEBI LODR Regulation 33 requirements.
The consolidated results include the subsidiary Linga Agri Trading and Machinery Private Limited.
Declaration
The company submitted a declaration confirming unmodified opinion from auditors on the audited financial results for the financial year ended 31st March, 2026, signed by Divya Punial, Chief Financial Officer.