Pil Italica Lifestyle Ltd

Agenda and window

• Board meeting on October 21, 2026 to consider unaudited Q2 and H1 results ended 30.09.2026.
• Trading window closed from October 1 to October 23, 2026.
• Board to discuss other matters with permission of Chair.

Pil Italica Lifestyle Ltd — Trading Window closed from 01 October 2026 until 48 hours after the declaration of Unaudited Financial Results for the Quarter and Half Year ended 30 September 2026.

Rating Action

• BBB- long-term rating reaffirmed with Stable outlook.

Instruments Rated

• Total bank loan facilities rated long term: ₹15 crores.

Rating Agency

• CARE Ratings Limited.

Outlook

• Stable.

Material Changes

• No change from prior rating.

Rationale

• Rationale for reaffirmation not disclosed in filing.

Financial highlights

• Q1 FY27 revenue: 1,675.46 Lakhs, down 30.32% YoY from 2,404.35 Lakhs.
• EBITDA: 109.66 Lakhs, down 59.96% YoY (273.86 Lakhs).
• PBT: 25.16 Lakhs, down 87.82% YoY (206.57 Lakhs).
• PAT: 18.83 Lakhs, down 87.81% YoY (154.52 Lakhs).
• EBITDA margin 6.55% vs 11.39% prior year (485 bps decline).
• PAT margin 1.12% vs 6.43% prior year (530 bps decline).

Financial results and audit

• Unaudited Q1 FY2026-27 results approved; revenue from operations 1671.31 lakh.
• Total income for quarter 1675.46 lakh; net profit after tax 18.83 lakh.
• Segment revenues: Plastic Articles 1607.96 lakh; Finance 63.35 lakh.
• Profit before tax 25.16 lakh; current tax 36.58 lakh, deferred 6.33.
• Limited Review Report by statutory auditors; no material misstatement observed.
• Board noted results were reviewed by Audit Committee and filed under SEBI LODR Regulation 33.

Business overview

• Core business: molded plastic furniture, material handling, and waste management solutions.
• ISO 9001:2015 certified; CE-certified plastic furniture.
• Silvassa manufacturing unit acquired from Kisan Mouldings; publicly listed on BSE/NSE.
• Origin in Udaipur; corporate presence in Mumbai; operations in Delhi.

Operational highlights

• Pan-India vehicle campaigns to boost visibility.
• Mercury Link Consumex exhibition in Prayagraj to drive leads.
• In-store branding in Saharanpur and Kashipur; branded tent cards introduced.
• New arrivals include Arriva range and Elegant Look stool; ongoing product launches.

Financial performance

• Total revenue 1,675.46 lakh; YoY decline 30.32%.
• EBITDA 109.66 lakh; margin 6.55%; YoY -59.96%.
• PBT 25.16 lakh; margin 1.50%; YoY -87.82%.
• PAT 18.83 lakh; margin 1.12%; YoY -87.81%.

Strategic priorities & outlook

• Focus on expanding domestic footprint and strengthening channel partnerships.
• Sustain pan-India marketing and regional exhibitions to drive demand.

Financial results and audit

• Unaudited quarterly results for quarter ended 30 June 2026 approved, with Limited Review Report.
• Revenue from operations 1671.31 lakh; Total income 1675.46 lakh.
• Profit after tax 18.83 lakh; Basic and diluted EPS 0.01.
• Segment revenue: Manufacturing 1607.96 lakh; Finance 63.35 lakh; Total 1671.31.
• Audit Committee reviewed; Board approved; Limited Review Report noted no material misstatement.
• Results available on the company's website.
• Board noted results reviewed under SEBI LODR Regulation 33.