Board Meeting Details
The meeting commenced at 12:10 PM and concluded at 1:15 PM on August 11, 2026.
Key Decisions Approved
1. Financial Results: The Board approved the un-audited financial results for the quarter ended June 30, 2026 (Q1 FY2027), along with the limited review report from the statutory auditors.
2. Auditor Appointment: Based on the recommendation of the Audit Committee, the Board approved the appointment of M/s Desai Saksena & Associates, Chartered Accountants (Firm Registration No.: 102358W), as statutory auditors for a term of five years. The appointment is subject to shareholder approval at the 28th Annual General Meeting and will be effective from the conclusion of the 28th AGM until the conclusion of the 33rd AGM.
3. AGM Convening: The Board approved convening the 28th Annual General Meeting (AGM) through Video Conferencing/Other Audio-Visual Means and approved the related notice and connected matters.
Financial Results for Quarter Ended June 30, 2026 (Q1 FY2027)
- Revenue from Operations: ₹22,249.01 lakhs (₹222.49 crore)
- Other Income: ₹102.19 lakhs (₹1.02 crore)
- Total Income: ₹22,351.19 lakhs (₹223.51 crore)
- Total Expenses: ₹20,955.38 lakhs (₹209.55 crore)
- Cost of Materials Consumed: ₹17,186.21 lakhs
- Employee Benefits Expenses: ₹562.93 lakhs
- Depreciation and Amortization: ₹381.07 lakhs
- Finance Cost: ₹351.42 lakhs
- Other Expenses: ₹2,450.68 lakhs
- Profit Before Tax: ₹1,395.82 lakhs (₹13.96 crore)
- Tax Expense: ₹351.32 lakhs (₹3.51 crore)
- Current Tax: ₹236.10 lakhs
- Deferred Tax: ₹115.22 lakhs
- Net Profit After Tax: ₹1,044.50 lakhs (₹10.45 crore)
- Earnings Per Share (Basic and Diluted): ₹2.85 (not annualized)
- Paid-up Equity Share Capital: ₹3,678.48 lakhs (face value ₹10 each)
Comparative Financials
Quarter Ended June 30, 2026 vs June 30, 2025 (YoY)
- Revenue from Operations: Increased from ₹16,381.12 lakhs to ₹22,249.01 lakhs
- Net Profit: Increased from ₹790.80 lakhs to ₹1,044.50 lakhs
- EPS: Increased from ₹2.16 to ₹2.85
Quarter Ended June 30, 2026 vs March 31, 2026 (QoQ)
- Revenue from Operations: Increased from ₹19,478.71 lakhs to ₹22,249.01 lakhs
- Net Profit: Increased from ₹1,001.86 lakhs to ₹1,044.50 lakhs
- EPS: Increased from ₹2.80 to ₹2.85
Auditor Information
M/s Desai Saksena & Associates is described as a multidisciplinary professional services firm established in 1984, offering Audit & Assurance, Taxation, Corporate Law, Valuation, Forensic Audit, Insolvency, and Compliance services. The firm has undergone ICAI peer reviews since 2009 and holds an effective Peer Review Certificate.
Additional Information
- The financial results were prepared in accordance with Indian Accounting Standards (Ind AS)
- The company operates in a single segment: Industrial Packaging
- The company does not have any subsidiaries/associates, hence consolidation under IND AS 110 is not required
- Previous period figures have been re-grouped/re-classified/re-arranged wherever necessary for comparability
Dissemination Plans
- The financial results will be published in relevant newspapers as per Regulation 47 of SEBI LODR Regulations
- A copy of the results has been uploaded on the company's website at https://pyramidtechnoplast.com/