Pritika Auto Industries schedules Q4FY26 earnings call on May 27

0 min read     Updated on 26 May 2026, 01:02 AM
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Pritika Auto Industries Limited has announced an earnings conference call scheduled for May 27, 2026, at 12:00 PM IST to discuss the operational and financial performance for Q4 and FY26. The call will be led by Chairman & Managing Director Mr. Harpreet Singh Nibber and Director Finance & CFO Mr. Narinder Kumar Tyagi. Access numbers and a Diamond Pass registration link have been provided for participants.

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Pritika Auto Industries has scheduled an earnings conference call to discuss the operational and financial performance of the company for the fourth quarter and fiscal year 2026. The meeting is set for Wednesday, May 27, 2026, at 12:00 PM IST under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The session will provide insights into the company's financial results for the specified periods. Management representatives, including Mr. Harpreet Singh Nibber, Chairman & Managing Director, and Mr. Narinder Kumar Tyagi, Director Finance & Chief Financial Officer, will lead the discussion.

Conference Call Details

Participants can join the discussion via the provided access numbers. The company has also arranged international toll-free numbers for attendees joining from outside India.

Access Numbers Details
Primary Numbers +91 22 6280 1102
+91 22 7115 8003
International Toll Free Numbers USA: 18667462133
UK: 08081011573
Singapore: 8001012045
Hong Kong: 800964448

A Diamond Pass link is available for registration to facilitate participation in the call. RSVP details have been provided via Adfactors PR for interested participants.

Historical Stock Returns for Pritika Auto Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.72%+3.90%+6.77%-6.22%-24.08%-23.58%

What strategic initiatives does Pritika Auto Industries plan to implement to drive growth in fiscal year 2027?

How might the company's performance in Q4 2026 influence its stock price and investor sentiment?

What are the expected market trends in the automotive industry that could impact Pritika Auto's operations in the coming year?

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Pritika Auto Industries Receives Rs. 1,83,81,330 Income Tax Demand for AY 2025-26

2 min read     Updated on 19 May 2026, 01:41 AM
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Pritika Auto Industries disclosed an income tax demand of Rs. 1,83,81,330/- under Section 156 of the Income Tax Act for Assessment Year 2025-26, received on May 15, 2026, from the Centralized Processing Center. The demand arose from a MAT computation error where book profit under Section 115JB was wrongly enhanced by Rs. 13,85,61,837/- on account of depreciation. The company is filing a rectification under Section 154 and an appeal before the Appellant Authority, with management confident the demand will be deleted and no material financial or operational impact anticipated.

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Pritika Auto Industries has disclosed the receipt of an income tax demand notice of Rs. 1,83,81,330/- under Section 156 of the Income Tax Act, 1961, for Assessment Year 2025-26. The intimation, issued under Section 143(1) by the Centralized Processing Center, Income Tax Department, was received by the company on May 15, 2026, at 01:46 p.m. via email. The disclosure was made to the stock exchanges on May 16, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Tax Demand

The following table summarises the key particulars of the demand as disclosed by the company:

Parameter: Details
Authority: Centralized Processing Center, Income Tax Department
Nature of Communication: Intimation u/s 143(1) of Income Tax Act, 1961
Demand Section: Section 156 of Income Tax Act, 1961
Demand Amount: Rs. 1,83,81,330/-
Assessment Year: 2025-26
Date of Receipt: May 15, 2026 at 01:46 p.m. (via email)
Date of Disclosure: May 16, 2026

Reason for the Demand

According to the company, the demand has arisen due to an error in the computation of the Minimum Alternate Tax (MAT). Specifically, the book profit under Section 115JB was wrongly enhanced by Rs. 13,85,61,837/- on account of depreciation while calculating the MAT. The company has stated that this mistake is apparent from the record and does not reflect any actual violation or contravention on its part.

Company's Response and Planned Actions

Pritika Auto Industries has outlined the following steps it intends to take in response to the demand:

  • Rectification Application: The company is filing a rectification under Section 154 of the Income Tax Act, 1961, before the Centralized Processing Center, Bangalore.
  • Appeal: An appeal is being filed before the Appellant Authority.
  • Management's Position: The management has stated that the mistake is rectifiable and that the demand is expected to be deleted upon disposal of the rectification and appeal proceedings.

Financial and Operational Impact

The company has stated that there is no material impact on its financials, operations, or other activities due to the demand raised for Assessment Year 2025-26 in the current financial year. No penalty, restriction, or sanction has been imposed pursuant to the communication, and no aberrations or non-compliances have been identified by the authority in the notice.

The disclosure was made by C B Gupta, Company Secretary & Compliance Officer of Pritika Auto Industries Limited, in accordance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015.

Historical Stock Returns for Pritika Auto Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.72%+3.90%+6.77%-6.22%-24.08%-23.58%

If the rectification under Section 154 is rejected by the Centralized Processing Center, how long could the appellate process take and what financial provisions might Pritika Auto Industries need to make in the interim?

Could the MAT computation error related to depreciation under Section 115JB indicate systemic issues in Pritika Auto Industries' tax filing processes that may affect other assessment years?

How might prolonged resolution of this tax demand impact Pritika Auto Industries' credit rating or borrowing capacity, particularly if the company needs to furnish a deposit or bank guarantee during the appeal process?

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1 Year Returns:-24.08%