Panyam Cements & Mineral Industries Limited has published its unaudited financial results for Q2FY26 in newspaper advertisements, complying with regulatory requirements under Regulation 47 of SEBI (LODR) Regulations, 2015. The company reported a net loss of ₹1,664.24 lakhs for the quarter ended 30th September, 2025, with results approved by the Board of Directors on 14th March, 2026.

Regulatory Compliance and Publication

The company fulfilled its regulatory obligations by publishing the financial results in Financial Express (English) and Andhraprabha (Telugu) newspapers dated 15th March, 2026. Company Secretary & Compliance Officer Seshi Kumar Chiluka communicated the newspaper publication to BSE Limited on 16th March, 2026, ensuring full compliance with SEBI listing requirements.

Q2FY26 Financial Performance

The published results reveal continued operational challenges with significant year-over-year changes in key financial metrics:

Expense Structure Analysis

Total expenses for Q2FY26 stood at ₹4,276.70 lakhs, with finance costs representing a major burden:

Half-Year and Balance Sheet Position

For the six months ended 30th September, 2025, the company reported a net loss of ₹3,553.00 lakhs on total revenue of ₹2,883.00 lakhs. The balance sheet as of 30th September, 2025 shows:

Earnings Per Share and Compliance

Basic and diluted earnings per share for Q2FY26 were ₹(20.75) compared to ₹(25.16) in Q2FY25. The financial results were prepared in accordance with Indian Accounting Standards and reviewed by statutory auditors through limited review procedures. The Audit Committee reviewed and recommended the results before Board approval on 14th March, 2026.

Panyam Cements & Mineral Industries Limited has announced the reaffirmation of its credit ratings by Infomerics Valuation and Ratings Private Limited through a rating letter dated December 26, 2025. The company informed BSE Limited about this development under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Credit Rating Details

Infomerics has reaffirmed the company's credit ratings after reviewing its operational and financial performance. The rating agency considered the audited results for FY25 and unaudited results for H1FY26 during its assessment.

Rating Significance

The IVR BB-/Stable rating for long-term facilities indicates that securities with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations. The stable outlook reflects the rating agency's assessment of the company's current financial position.

The IVR A4 rating for short-term facilities suggests that these securities are considered to have minimal degree of safety regarding timely payment of financial obligations, carrying very high credit risk and susceptibility to default according to Infomerics' rating scale.

Validity and Compliance

The assigned ratings are valid for one year from December 25, 2026. The company has been advised to revalidate ratings if proposed facilities are not availed within specified timeframes - six months for long-term facilities and three months for short-term facilities.

Infomerics reserves the right to undertake surveillance and review of the ratings based on circumstances, with formal surveillance normally conducted within 12 months from the initial rating date. The company is required to provide monthly No Default Statements and quarterly performance results for ongoing monitoring.

Corporate Communication

The rating intimation has been disclosed on the company's website at www.panyamcements.in as part of regulatory compliance. Managing Director Jagathrakshakan Srinisha signed the communication to BSE Limited, confirming the receipt and disclosure of the rating letter from Infomerics.