Piccadily Sugar & Allied Industries Limited has announced that its Board of Directors will convene on January 20, 2026, to review and approve the company's unaudited standalone financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The meeting notification, dated January 12, 2026, was submitted to BSE Limited in compliance with regulatory requirements. The board will specifically consider the financial performance for both the quarter and nine months ended December 31, 2025.

Regulatory Compliance

The announcement was made pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to provide prior intimation to stock exchanges regarding board meetings where financial results will be considered.

The communication was signed by Kajal Goel, Company Secretary & Compliance Officer, emphasizing the company's adherence to corporate governance standards and regulatory obligations.

Company Information

Piccadily Sugar & Allied Industries Limited operates from its registered office located at Jakhal Road, Tehsil Patran, District Patiala, Punjab. The company maintains its corporate office in Chandigarh and is incorporated under the Companies Act with CIN number L15424PB1993PLC013137.

Piccadily Sugar & Allied Limited (PSAIL) has reported a significant turnaround in its financial performance for the first half of the fiscal year 2025-26, as per the company's latest unaudited financial results.

Financial Highlights

PSAIL has shown a remarkable improvement in its financial performance, turning a loss of ₹179.92 lakhs in H1 FY2025 into a profit of ₹151.86 lakhs in H1 FY2026. The company's revenue from operations increased by 16.04% year-over-year, reaching ₹6,794.78 lakhs.

Operational Performance

The company's total income for H1 FY2026 stood at ₹343.87 lakhs, a 10.29% increase from the previous year. This growth in income, coupled with effective cost management, has contributed to the positive bottom line.

Balance Sheet Strength

As of September 30, 2025, PSAIL's total assets stood at ₹11,630.00 lakhs, showing a significant increase from ₹9,504.14 lakhs as of March 31, 2025. The company's inventory levels have risen substantially, indicating potential preparation for increased production or sales activities.

Cash Flow and Investments

The company reported a positive cash flow from operating activities of ₹886.66 lakhs for H1 FY2026. Notably, PSAIL has invested ₹823.72 lakhs in fixed assets during this period, suggesting ongoing expansion or modernization efforts.

Future Outlook

PSAIL is currently in the process of implementing an ENA/Ethanol Plant, which could potentially drive future growth and diversification of revenue streams. This investment aligns with the broader industry trend towards ethanol production in the sugar sector.

The company's board of directors approved these unaudited financial results in their meeting held on November 6, 2025. The financial statements were reviewed by Jain & Associates, Chartered Accountants, who found no material misstatements.

While the company has shown significant improvement, investors should note that these are unaudited results for a half-year period. The sustainability of this performance and the impact of the ongoing ENA/Ethanol Plant implementation will be key factors to watch in the coming quarters.

Note: All financial figures are based on the unaudited financial results for the half year ended September 30, 2025, as reported by Piccadily Sugar & Allied Limited.