The Board of Directors of perfectpac has approved the re-appointment of Sanjay Rajgarhia as Managing Director for a further period of three years. The new tenure will commence on July 01, 2027, and conclude on June 30, 2030. This leadership continuity ensures stability for the packaging firm, with Rajgarhia retaining control over strategic direction during his extended term. The appointment remains subject to formal approval by the company's shareholders at an upcoming general meeting.

Board Approval and Regulatory Compliance

The Board meeting was held on August 07, 2026, starting at 12:00 noon and concluding at 01:20 p.m. During this session, the directors considered and approved the re-appointment based on the joint recommendations of the Nomination & Remuneration Committee and the Audit Committee.

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company issued an intimation to BSE Limited regarding the decision. The filing confirms that Rajgarhia will not be liable to retire by rotation during this specific three-year term.

Profile and Shareholding

Sanjay Rajgarhia brings approximately 37 years of experience in the paper and packaging industry to the role. He holds a Bachelor of Commerce (Honours) degree and possesses expertise in financial management, investments, taxation, SEBI corporate laws, and risk management. Having been associated with Perfectpac Limited for the past 37 years, he is credited with providing effective leadership that strengthened the company’s operational and financial performance.

Rajgarhia maintains a significant stake in the company, holding 34,38,100 equity shares as of the date of the announcement. This shareholding constitutes 51.63% of the company's paid-up equity share capital. He is related to Ajay Rajgarhia, who serves as a Non-Executive Director, being his brother. Rajgarhia is not related to any other director or Key Managerial Personnel (KMP) of the company.

Key Details of Re-appointment

Governance and Relationships

The disclosure highlights Rajgarhia’s relationship with Ajay Rajgarhia, the Non-Executive Director, confirming they are brothers. Apart from this familial link, no other relationships with existing directors or KMPs were disclosed. The filing also states that Rajgarhia is not debarred from holding the office of Director by virtue of any order from SEBI or any other regulatory authority, satisfying the requirements under circular No. LIST/COMP/14/2018-19 and NSE/CML/2018/24 dated June 20, 2018.

Perfectpac Limited held a Board of Directors meeting on May 13, 2026, at which the board approved the audited financial results for the quarter and financial year ended March 31, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Subsequently, on May 14, 2026, the company submitted copies of newspaper advertisements to BSE Limited, confirming publication of the audited financial results in Financial Express (English) and Jansatta (Hindi), in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisements are also available on the company's website at www.perfectpac.com . The statutory auditors, M/s V S S A & Associates, Chartered Accountants (Firm Registration No. 012421N), issued an unmodified audit opinion on the annual financial results. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013.

Annual Financial Performance

For the financial year ended March 31, 2026, Perfectpac reported revenue from operations of Rs. 11,373.48 lakhs, compared to Rs. 11,345.88 lakhs in the previous year. Total income, including other income of Rs. 12.28 lakhs, stood at Rs. 11,385.76 lakhs against Rs. 11,366.35 lakhs in the prior year. The company's profit before exceptional items and tax was Rs. 432.81 lakhs, compared to Rs. 424.88 lakhs in the previous year. After accounting for exceptional items of Rs. 12.00 lakhs related to estimated past service costs under the New Labour Codes, profit before tax stood at Rs. 420.81 lakhs.

The following table summarises the key annual financial metrics:

Quarterly Performance

For the quarter ended March 31, 2026, Perfectpac reported revenue from operations of Rs. 2,964.52 lakhs, compared to Rs. 3,160.88 lakhs in the corresponding quarter of the previous year and Rs. 2,505.39 lakhs in the quarter ended December 31, 2025. Net profit for Q4 FY26 stood at Rs. 77.29 lakhs, against Rs. 68.45 lakhs in Q4 FY25. Basic and diluted EPS for the quarter was Rs. 1.16 (not annualised).

Balance Sheet Highlights

As at March 31, 2026, Perfectpac's total assets stood at Rs. 5,617.46 lakhs, compared to Rs. 4,984.97 lakhs as at March 31, 2025. Total equity increased to Rs. 3,973.93 lakhs from Rs. 3,753.15 lakhs in the previous year, supported by other equity of Rs. 3,840.67 lakhs. Non-current assets grew to Rs. 2,638.64 lakhs from Rs. 2,162.77 lakhs, while current assets rose to Rs. 2,978.82 lakhs from Rs. 2,822.20 lakhs.

Cash Flow Summary

For the year ended March 31, 2026, net cash from operating activities was Rs. 226.60 lakhs, compared to Rs. 407.15 lakhs in the previous year. Net cash used in investing activities was Rs. (493.37) lakhs, reflecting purchases of fixed assets of Rs. (278.36) lakhs and investments of Rs. (219.00) lakhs. Net cash from financing activities was Rs. 183.42 lakhs, supported by proceeds from long-term borrowings of Rs. 300.00 lakhs, partially offset by dividend and dividend tax paid of Rs. (66.60) lakhs and interest paid of Rs. (21.01) lakhs. Cash and cash equivalents as at March 31, 2026 stood at Rs. 44.15 lakhs, compared to Rs. 127.50 lakhs at the opening of the year.

Dividend Recommendation and Exceptional Items

The Board of Directors recommended a final dividend of Re. 1/- (i.e., 50%) per equity share of face value Rs. 2/- each for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting. Exceptional items of Rs. 12.00 lakhs represent estimated past service cost charges related to employees' post-employment defined benefits, arising from the consolidation of multiple labour legislations into the New Labour Codes notified with effect from November 21, 2025. The company has classified this charge as exceptional given its non-recurring and regulatory nature. The company operates in a single reportable segment — Packaging — as per Ind AS 108.