Document Context

Purity Flexpack Limited (Scrip Code: 523315, ISIN: INE898001010) submitted a regulatory disclosure to BSE Limited dated 8th August 2026, pursuant to SEBI Listing Regulations 30 and 33, containing outcomes of the Board meeting held on 8th August 2026 and unaudited financial results for quarter ended 30th June 2026.

Financial Results (Quarter Ended 30th June 2026)

The Board approved the unaudited standalone financial results for Q1 FY27:

  • Revenue from Operations: ₹455.90 crore (Gross Sales) + ₹2.05 crore (Other Operating Income) = ₹457.90 crore total revenue
  • Other Income: ₹18.55 crore
  • Total Income: ₹457.75 crore
  • Expenses: ₹432.23 crore (breakdown: Cost of materials consumed ₹321.81 crore, Employee benefits ₹38.17 crore, Finance cost ₹6.14 crore, Depreciation ₹12.27 crore, Other expenses ₹64.27 crore)
  • Profit before tax: ₹25.52 crore
  • Tax Expense: ₹6.38 crore (Current tax ₹5.84 crore + Deferred tax ₹0.53 crore)
  • Net Profit for quarter: ₹19.15 crore
  • Earnings Per Share (EPS): ₹5.95 (basic and diluted)
  • Paid-up equity share capital: ₹32.20 crore (face value ₹10 per share)

Comparative figures:

  • Previous quarter (Q4 FY26): Revenue ₹399.11 crore, Net Profit ₹12.59 crore
  • Same quarter previous year (Q1 FY26): Revenue ₹330.53 crore, Net Profit ₹4.99 crore

Board Decisions and Governance Changes

The Board took several key decisions:

1. Re-appointment of Managing Director: Mr. Anil Patel (DIN: 00006904) re-appointed as Managing Director upon attaining age of seventy years, subject to shareholder approval.

2. Remuneration Revisions:

  • Revision in remuneration for Mrs. Vaishali Amin (DIN: 00194291), Executive Director
  • Revision in remuneration for Mr. Jayesh Shah (DIN: 00474894), Executive Director and CFO

Both revisions subject to shareholder approval.

3. Independent Director Re-appointments:

  • Mr. Aalok Davda (DIN: 03178800) re-appointed for second term of five years from 26th March 2027
  • Mr. Forum Lodaya (DIN: 08517985) re-appointed for second term of five years from 26th March 2027
  • Mr. Pratik Shah (DIN: 03337910) re-appointed for second term of five years from 26th March 2027

All re-appointments subject to shareholder approval.

Director Profiles

Mr. Aalok Davda: BBA in Business Administration from MSU Baroda, 10 years experience in Agri Warehousing sector, also experienced in education field and multinational companies.

Mr. Forum Lodaya: Chartered Accountant and Fellow of Insurance Institute of India, 14 years experience in insurance industry, previously worked with EY and BDO in risk advisory services.

Mr. Pratik Shah: B.A (Hons) in Business Administration from University of Sunderland, UK, head of Operations in Tiki Tar Group, involved in CSR and POSH committees.

All directors confirmed not related to any other directors and not debarred from holding director office per SEBI requirements.

Auditor Review and Compliance

Statutory auditors M/s. Shah Mehta and Bakshi, Chartered Accountants issued limited review report confirming:

  • Financial results prepared in accordance with Ind AS 34 "Interim Financial Reporting"
  • Compliance with SEBI Listing Regulation 33 requirements
  • No material misstatements identified during review
  • Review conducted in accordance with SRE 2410 standards

The meeting commenced at 11:00 AM and concluded at 12:40 PM on 8th August 2026.

#Tags: #PurityFlexpack #Q1Results #BoardMeeting #SEBIRegulation33 #CorporateGovernance