Pasupati Acrylon Limited reported a sharp improvement in its financial performance for the quarter ended June 30, 2026, with net profit rising significantly to ₹27.39 crore compared to ₹1.75 crore in the corresponding quarter of the previous year. EBITDA surged to ₹387 million from ₹57 million in the year-ago quarter, with EBITDA margin expanding sharply to 16.26% from 2.64% year-on-year, reflecting a substantial turnaround in operating efficiency. The Board of Directors approved the unaudited financial results at its meeting held on August 7, 2026, with the Limited Review Report issued by statutory auditors M/s B.K. Shroff & Co., Chartered Accountants, New Delhi.

Financial Highlights: Strong Profit and Revenue Growth

Revenue from operations for the quarter ended June 30, 2026 stood at ₹238.26 crore, up from ₹216.05 crore in the quarter ended June 30, 2025. Total revenue, including other income of ₹3.07 crore, came in at ₹241.33 crore against ₹218.74 crore in the year-ago period. Profit before tax rose to ₹36.69 crore from ₹2.40 crore year-on-year, reflecting a substantial improvement in operating performance. Basic and diluted earnings per share (EPS) for the quarter stood at ₹3.07, compared to ₹0.20 in the quarter ended June 30, 2025.

The following table summarises the key financial metrics across reporting periods (Rs. in Crore):

Expense Breakdown

Total expenses for the quarter ended June 30, 2026 were ₹204.64 crore, compared to ₹216.34 crore in the year-ago quarter. Cost of materials consumed was the largest expense component at ₹202.43 crore, while employee benefits expense stood at ₹9.84 crore. Finance costs for the quarter were ₹2.26 crore, and depreciation and amortisation expense amounted to ₹3.15 crore. Other expenses were recorded at ₹37.38 crore for the quarter.

Segment-Wise Performance

The company operates across three business segments — Fibre, CPP Film, and Ethanol. The Fibre segment remained the largest revenue contributor, while all three segments reported positive segment results for the quarter ended June 30, 2026, a marked improvement from the year-ago quarter when CPP Film and Ethanol had reported negative segment results.

(All figures in Rs. crore; Segment Results represent profit before tax, exceptional items and interest from ordinary activities)

Segment assets as of June 30, 2026 totalled ₹732.32 crore, up from ₹569.56 crore as of June 30, 2025. Total segment liabilities stood at ₹269.49 crore compared to ₹203.68 crore in the year-ago period. The paid-up equity share capital remained unchanged at ₹89.13 crore (face value of Rs. 10/- each), and other equity as of March 31, 2026 was ₹346.29 crore.

43rd AGM Scheduled for September 9

In a separate development, Pasupati Acrylon announced that its 43rd Annual General Meeting (AGM) will be held on Wednesday, September 9, 2026, at 10:30 am at its registered office in Moradabad, Uttar Pradesh. This date is preponed from the earlier scheduled date of September 24, 2026.

Pursuant to Section 91 of the Companies Act, 2013, the Register of Members and Share Transfer Books will remain closed from Friday, September 4, 2026, to Wednesday, September 9, 2026 (both days inclusive).

The company has also enabled remote e-voting for members. The cut-off date for determining eligibility to vote is Wednesday, September 2, 2026. The remote e-voting period will commence on Sunday, September 6, 2026, at 10:00 am and end on Tuesday, September 8, 2026, at 5:00 pm. National Securities Depository Limited has been engaged to provide the e-voting facility.

In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has dispatched letters containing web-links to access the Notice convening the 43rd AGM and the Annual Report for the financial year 2025-26 to shareholders whose email addresses are not registered with the Company, Registrar & Transfer Agent, or Depository Participants. Electronic copies have been sent to shareholders with registered email addresses under Regulation 36(1)(a). The documents are also available on the company’s website and the stock exchange portals.

The financial results were reviewed by the Audit Committee and approved by the Board at the meeting held on August 7, 2026. The results have been prepared in accordance with Indian Accounting Standard (Ind AS) 34, as prescribed under Section 133 of the Companies Act, 2013. Statutory auditors M/s B.K. Shroff & Co. issued their Limited Review Report, noting no material misstatement in the unaudited financial results.

Pasupati Acrylon Limited delivered strong financial performance for FY26, driven by the successful integration of its grain-based ethanol segment alongside its core acrylic fibre and CPP film businesses. The company reported a 97.60% year-on-year increase in net profit after tax (PAT) to ₹6,991.41 lakh, up from ₹3,538.12 lakh in the previous fiscal. Revenue from operations expanded by 62.55% to ₹1,01,015.78 lakh, reflecting robust demand across segments and improved operational efficiency.

The Board of Directors has scheduled the company’s 43rd Annual General Meeting (AGM) for Wednesday, September 9, 2026, at 10:30 am at its registered office in Moradabad, Uttar Pradesh. Shareholders will consider the adoption of audited financial statements, the re-appointment of Director Satya Prakash Gupta, and the ratification of cost auditor remuneration.

Financial Performance

The company’s earnings growth outpaced revenue expansion, indicating improved operating leverage. EBITDA surged 112.13% to ₹11,922.25 lakh from ₹5,620.09 lakh in FY25. This margin expansion was supported by better plant run rates in the CPP division and the full-year contribution from the ethanol plant, which commenced commercial production in March 2025.

Segment Highlights

The ethanol segment emerged as a significant growth engine, contributing ₹32,422.24 lakh in revenue compared to just ₹266.24 lakh in FY25. The segment posted a profit before tax, exceptional items, and interest of ₹3,370.55 lakh. Meanwhile, the traditional acrylic fibre business saw revenue rise to ₹58,703.05 lakh from ₹53,810.27 lakh, with sales volumes increasing 11.89% to 37,878 MT. The CPP film division also turned profitable, reporting a pre-tax profit of ₹763.44 lakh against a loss of ₹30.62 lakh in the prior year.

What the Numbers Show

A notable divergence exists between export performance and overall revenue growth. While total revenue jumped 62.55%, foreign exchange earnings fell significantly. FOB value of exports dropped to ₹3,032.19 lakh from ₹5,341.39 lakh in FY25. Specifically, acrylic fibre exports declined sharply to 741 MT from 2,604 MT. This suggests that the revenue growth was primarily domestic or driven by the new ethanol segment, which is largely sold domestically to Oil Marketing Companies, rather than international expansion in legacy products.

Balance Sheet and Dividends

The company maintained a conservative debt profile with a debt-to-equity ratio of 0.25 times, down from 0.30 times in FY25. Total borrowings stood at ₹10,710.24 lakh (combining non-current and current liabilities). Despite the strong profitability, the Board decided not to recommend any dividend for FY26, likely to preserve capital for ongoing operations and potential capacity expansions.

AGM Details

The AGM notice outlines several key agenda items:

• Adoption of audited financial statements for FY26.
• Re-appointment of Mr. Satya Prakash Gupta as Director, who retires by rotation.
• Ratification of remuneration for Cost Auditor Mr. Satnam Singh Saggu for FY27, fixed at ₹60,000 plus taxes and expenses.

Remote e-voting will be available from September 6 to September 8, 2026. The record date for determining voting eligibility is September 2, 2026.