Peoples Investments Limited turned profitable in FY26, reporting a net profit after tax of ₹21,600 compared to a loss of ₹2,12,430 in the previous year. The turnaround was driven by a 40% rise in total revenue and improved cost management.

The Mumbai-based financial consultancy logged revenue from operations of ₹7,00,000 in FY26, up from ₹5,00,000 in FY25. Other income contributed ₹2,750, bringing total income to ₹7,02,750. Despite higher revenue, employee benefit expenses remained flat at ₹60,000, while other expenses contracted by nearly 6% to ₹6,17,150 from ₹6,54,530.

The company's balance sheet shows a reduction in retained earnings deficit to ₹33,82,360 from ₹34,07,960. Cash and cash equivalents increased to ₹1,63,060 from ₹1,42,270, reflecting positive operating cash flows of ₹18,040 against an outflow of ₹2,15,900 in the prior year.

What the Numbers Show

A significant portion of the company's current liabilities is aging. Trade payables stood at ₹35,840, with ₹6,240 outstanding for one to two years and ₹1,770 beyond three years. This indicates potential delays in settling older vendor obligations despite improved liquidity.

Corporate Governance Changes

The Board appointed Shri Brajesh Palsaniya as a Non-Executive Director effective August 11, 2026, subject to shareholder approval at the AGM. Smt Suma Nair retires by rotation and seeks re-appointment. Shri Shantilal Pokharna resigned on June 8, 2026.

The company will hold its 50th Annual General Meeting on September 29, 2026, via video conferencing. No dividend was recommended due to accumulated losses.

Shantilal Pokharna resigned as Non-Executive Non-Independent Director of Peoples Investments Limited on June 8, 2026, effective immediately. The resignation follows his retirement from the Raymond Group, as stated in his letter to the Board. The Board of Directors of the Company recorded its appreciation for his contributions and guidance during his tenure.

The company informed BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. There are no material reasons for the resignation other than those stated in the resignation letter.

Resignation Details

The following table outlines the key particulars regarding the director's cessation:

Peoples Investments Limited confirmed that the letter of resignation, along with detailed reasons, has been attached to the regulatory filing. Suma Gopalakrishnan Nair, Director, signed the intimation sent to the exchange on June 8, 2026.