Piotex Industries Ltd

Piotex Industries Ltd: Trading Window closed from 1 October 2026 till 48 hours from declaration of unaudited financial results for the half year ended 30 September 2026

Key resolutions and outcomes

• Ordinary resolution to adopt audited financial statements for the year ended 31 March 2026.
• Ordinary resolution for re-appointment by rotation of a director.
• Resolutions passed; 65.97% turnout with all votes in favour.

AGM Details

• Held on 23 September 2026 at 11:00 IST via VC/OAVM.
• Meeting concluded at 11:11 IST.
• Voting facility provided via remote and on-site e-voting.

Ordinary Resolutions

• Adoption of financial statements for the year ended 31 March 2026.
• Re-appointment of Yogesh Nimodiya as director liable to retire by rotation.

Voting & Outcomes

• No voting results disclosed for the resolutions.

Financial snapshot

• Net sales from operations: ₹9,020.56 lakh.
• Total revenue: ₹9,088.82 lakh; EBITDA: ₹118.00 lakh.
• Profit after tax: ₹65.61 lakh; EPS: ₹1.29.
• Dividend: not recommended for FY2025-26.

Balance sheet & capital

• Share capital ₹510.36 lakh; reserves ₹2,106.42 lakh; total equity ₹2,616.78 lakh.
• Total assets ₹2,984.11 lakh; cash ₹121.27 lakh; debt (short-term) ₹6.68 lakh.
• Debt-Equity: 0.00; current ratio: 4.83x.
• Promoter group holds 65.95% equity; major holders listed.

Cash flows

• Net cash from operations ₹9.88 crore.
• Net cash from investing activities ₹6.47 crore outflow.
• Net cash from financing activities ₹2.39 crore outflow.

Capex & commitments

• Authorised capital ₹8.50 crore; issued paid-up ₹5.1036 crore.
• Leasehold land from MIDC: ₹252.20 lakh; title with MIDC.
• Minimum MIDC investment remaining: ₹174.78 lakh.

Risks & contingencies

• Tax demand ₹5.06 crore for AY 2024-25; appeal filed; no provision.
• Lease resumption risk under MIDC: ₹252.20 lakh.
• Raw material price volatility; forex risk on exports.

Related party transactions

• Material related-party transactions with Piotex Textech Pvt Ltd, Piotex Ventures Pvt Ltd, Adler Bizsol LLP.
• Loans, advances, interest, and reimbursements disclosed in AOC-2 Annexure.

Governance & audit

• Statutory auditors: S V J K & Associates; Secretarial: Nirav Shah & Associates.
• Secretarial audit: no qualifications; internal controls robust; going concern confirmed.

Outlook & strategy

• Single-segment textile contract manufacturing; growth via efficiency and value-added products.
• Industry positive; government schemes (MITRA, PLI) support expansion.
• Risks: material prices, currency volatility, competition.

Corporate information

• 7th AGM on 23 Sep 2026 via VC/OAVM; record date 16 Sep 2026.
• Listed on BSE SME; Pimpri, Pune address; website piotexindustries.com.

Certificate submission

• Certificate under Regulation 74(5) of SEBI DP Regulations, 2018 attached for the reporting period.
• Submitted via Registrar and Share Transfer Agent.
• No explicit details on dematerialisation or rematerialisation processing are provided.
• Document does not specify listing status, mutilation, or cancellation details.