Paramount Cosmetics (India) Limited convened its Board of Directors meeting on May 08, 2026, approving the audited financial results for the quarter and year ended March 31, 2026. The meeting commenced at 3:00 P.M. (IST) and concluded at 4:30 P.M. (IST). The statutory auditors, M/s. Sharma & Pagaria, Chartered Accountants (Firm Registration No. 008217S), issued an audit report with an unmodified opinion on the financial results. Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the extract of the standalone audited financial results was subsequently published in Western Times (English and Gujarati editions) on May 09, 2026. The results are also available on the company's website at www.parammount.com and on the BSE India website, in compliance with Regulation 46 of SEBI LODR.

Full-Year Financial Performance

For the year ended March 31, 2026, the company recorded revenue from operations of ₹2,139.47 lakhs, compared to ₹2,038.01 lakhs in the previous year. Total income for the year stood at ₹2,250.47 lakhs against ₹2,161.02 lakhs in the prior year. The company reported a profit before tax (PBT) of ₹33.38 lakhs for FY26, a significant improvement from ₹6.52 lakhs in FY25. Profit after tax (PAT) for the year was ₹5.12 lakhs, compared to ₹3.00 lakhs in the previous year.

The following table summarises the key financial metrics for the year ended March 31, 2026, compared to the previous year:

Quarterly Performance

For the quarter ended March 31, 2026, the company reported revenue from operations of ₹279.14 lakhs, compared to ₹597.86 lakhs in the corresponding quarter of the previous year. Total income for the quarter stood at ₹308.25 lakhs against ₹637.71 lakhs in Q4 FY25. The company reported a profit before tax of ₹4.58 lakhs for the quarter, compared to a loss before tax of ₹(2.90) lakhs in Q4 FY25. PAT for the quarter was ₹(4.90) lakhs.

Balance Sheet Highlights

As at March 31, 2026, the company's total assets stood at ₹3,518.35 lakhs, compared to ₹4,047.87 lakhs as at March 31, 2025. Total equity was ₹2,048.04 lakhs against ₹2,036.55 lakhs in the previous year. Paid-up equity share capital remained unchanged at ₹485.50 lakhs.

Cash Flow Summary

For the year ended March 31, 2026, the company generated net cash flow from operating activities of ₹1,076.67 lakhs, compared to ₹142.89 lakhs in the previous year. Net cash flow from investing activities was ₹22.64 lakhs, while net cash used in financing activities was ₹(1,083.32) lakhs. Cash and cash equivalents at the end of the year stood at ₹24.65 lakhs, compared to ₹8.66 lakhs at the beginning of the year.

Key Notes and Corporate Disclosures

The board noted several significant disclosures during the period:

• Inventory Write-off: During the quarter ended March 31, 2026, the company wrote off inventories amounting to ₹126.82 lakhs. For the full financial year ended March 31, 2026, total inventory written off aggregated to ₹415.82 lakhs. These pertained to items assessed as unfit for sale or use due to spoilage, expiry, deterioration, and/or physical damage during handling or storage.
• Lease Arrangement: The company leased its factory premises, including land, building, and plant & machinery, to its related party, Paramount Kum Kum Private Limited. An agreement dated January 23, 2026, revised the lease rental from Rs. 7,20,000 per month to Rs. 75,000 per month with effect from April 01, 2025.
• Segment Reporting: The requirements of Ind AS 108 on segment reporting are not applicable, as the company operates in a single business segment.
• Standalone Results: The company has no subsidiary, associate, or joint venture and has accordingly prepared only standalone results.

Auditor and Key Managerial Appointments

The board, on the recommendation of the Audit Committee, approved the following reappointments for FY 2026-27:

M/s. Brajesh Gupta & Co. is a practicing company secretaries firm registered with the Institute of Company Secretaries of India (ICSI), with expertise in company law, securities laws, SEBI and listing compliance, secretarial audit, and intellectual property rights. Mr. Venkatesh P A is a qualified Chartered Accountant with over ten years of experience in finance and accountancy, including direct and indirect taxation.

Paramount Cosmetics (India) Limited has officially communicated to BSE Limited that it does not fall under the Large Corporate category as defined by SEBI regulations, thereby exempting it from specific disclosure requirements. The notification was submitted on April 13, 2026, and signed by Managing Director Hiitesh Topiiwaalla.

SEBI Large Corporate Criteria

The company referenced multiple SEBI circulars in its notification, primarily SEBI Circular No. SEBI/HO/DDHS/DDHS-PoD1/P/CIR/2023/172 dated October 19, 2023, read with SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The Large Corporate criteria outlined in these regulations include three key parameters:

Disclosure Requirements Not Applicable

Since Paramount Cosmetics does not meet the Large Corporate criteria, the company confirmed that it is not required to file initial and annual disclosures as specified in Annexures A, B1, and B2 of the mentioned SEBI circulars. The notification specifically excludes external commercial borrowings and inter-corporate borrowings between parent and subsidiary entities from the borrowing calculations.

Company Details

Paramount Cosmetics (India) Limited operates with CIN L24240GJ1985PLC008282 and maintains its registered office at Plot No. 165/B-15 & 16, 2nd Phase G.I.D.C, Vapi, District Valsad, Gujarat. The corporate office is located at 902-904, 9th Floor, Prestige Meridian-1, 29 M.G. Road, Bangalore. The notification was digitally signed by Managing Director Hiitesh Topiiwaalla (DIN: 01603345) on April 14, 2026.