Perfectpac Limited has scheduled its 54th Annual General Meeting (AGM) for Wednesday, September 16, 2026. The meeting will be held via Video Conferencing or Other Audio-Visual Means (VC/OAVM) at 12:30 pm. The deemed venue is the company’s registered office in New Delhi.

Dividend Recommendation

The Board of Directors recommended a final dividend of ₹1.00 per equity share of face value ₹2 each for FY26. This represents a 50% yield on face value. The record date is set for September 9, 2026. Approval by shareholders at the AGM is required. Dividend income is taxable in the hands of shareholders, with tax deducted at source as per the Income Tax Act.

Key Resolutions

Shareholders will vote on several ordinary and special business items:

• Director Re-appointments: Re-appointment of Shri Raj Gopal Sharma as Whole Time Director and Shri Sanjay Rajgarhia as Managing Director for a further three-year term from July 1, 2027.
• Borrowing Limits: Enhancement of borrowing limits under Section 180(1)(c) of the Companies Act, 2013, from ₹20 crore to ₹50 crore over the aggregate of paid-up capital, free reserves, and securities premium.
• Security Creation: Authorization to create mortgages or charges on assets up to the enhanced borrowing limit.

E-Voting Details

Remote e-voting commences on Sunday, September 13, 2026, at 9:00 am and ends on Tuesday, September 15, 2026, at 5:00 pm. Shareholders holding shares as of the cut-off date can cast votes electronically through NSDL. The cut-off date for determining eligibility to vote is September 9, 2026. M/s RSM & Co., Company Secretaries, has been appointed as the scrutinizer for the e-voting process.

Financial Context

For FY26, the company reported revenue from operations of ₹11,373.48 lakh, a slight increase from ₹11,345.88 lakh in FY25. Profit after tax remained stable at ₹314.95 lakh. The board noted stable performance despite challenging market conditions.

Perfectpac Limited reported a sharp decline in profitability for the first quarter of FY27, with net profit after tax falling 58% year-on-year to ₹50.89 lakh. The packaging solutions company’s revenue from operations also contracted by 3.8% to ₹2,854.37 lakh, compared to ₹2,967.74 lakh in Q1FY26. This performance reflects broader pressure on margins and operational efficiency during the period ended June 30, 2026.

The Board of Directors approved the unaudited financial results at its meeting held on August 07, 2026. The figures were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors of the company. In compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disseminated the results via newspaper advertisements in "Financial Express" and "Jansatta" on August 07, 2026, and uploaded them to its website.

Financial Performance Highlights

The key financial metrics for the quarter highlight a significant erosion in bottom-line earnings despite relatively stable top-line numbers.

Total comprehensive income for the period stood at ₹50.89 lakh, identical to the net profit after tax, indicating no other comprehensive income items impacted the quarter. Equity share capital remained unchanged at ₹133.26 lakh.

What the Numbers Show

The divergence between the modest revenue decline of 3.8% and the steep 58% drop in net profit suggests a material compression in operating margins or increased non-operating expenses. With earnings per share (EPS) sliding from ₹1.82 to ₹0.76, shareholder value creation was significantly muted in the opening quarter of the fiscal year. Investors should monitor whether this margin pressure is a temporary seasonal effect or indicative of structural cost challenges in the packaging sector.