Parmeshwari Silk Mills Ltd (540467)

Parmeshwari Silk Mills Limited has submitted its 33rd Annual Report for FY 2025-26 along with the notice for its Annual General Meeting (AGM) scheduled for September 19, 2026. Key agenda items include the adoption of FY26 financial statements and the re-designation of Whole-Time Director Mr. Jatinder Pal Singh as Managing Director. The company reported FY26 full-year revenue of Rs 249.02 crore and net profit of Rs 9.96 crore. The filing represents a routine statutory compliance disclosure under Regulation 34.

• 33rd Annual General Meeting scheduled for Saturday, September 19, 2026, at Ludhiana
• Special Resolution proposed for re-designating Mr. Jatinder Pal Singh from Whole-Time Director to Managing Director
• Proposal for ratification of Cost Auditor remuneration of Rs. 73,915 for FY 2026-27
• Adoption of Standalone and Consolidated Audited Financial Statements for FY ended March 31, 2026

Parmeshwari Silk Mills has approved the redesignation of Mr. Jatinder Pal Singh from Whole Time Director to Managing Director for a term from August 27, 2026 to August 31, 2029. The appointment is subject to shareholder approval at the upcoming 33rd Annual General Meeting (AGM) scheduled for September 19, 2026. The board also set the e-voting period from September 16 to September 18, 2026, with a cut-off date of September 12, 2026. The company operates at a TTM revenue base of Rs 248 Cr with a market capitalization of Rs 136 Cr.

• Jatinder Pal Singh appointed as Managing Director for a 3-year term from August 27, 2026 to August 31, 2029.
• 33rd Annual General Meeting scheduled for Saturday, September 19, 2026 at 12:00 PM IST.
• Cut-off date for remote e-voting fixed as Saturday, September 12, 2026.
• Remote e-voting window open from September 16, 2026 (09:00 AM) to September 18, 2026 (05:00 PM).

Parmeshwari Silk Mills held a board meeting on August 12, 2026, to review and record standard regulatory filings for the quarter ended June 30, 2026. The meeting covered routine matters including corporate governance reports, investor grievance statements, and shareholding patterns. No material financial transactions, capital raises, or business expansions were discussed. Investors should note the company's high debt-to-equity ratio of 1.90 and the significant 1015.7% price appreciation over the past 12 months despite modest TTM PAT of ₹9 Cr.

• Board meeting conducted on August 12, 2026, lasting 2 hours and 10 minutes (03:00 P.M. to 05:10 P.M.)
• Took note of the Shareholding Pattern for the quarter ended June 30, 2026, where promoter holding is 60.17%
• Reviewed the Reconciliation of Share Capital Audit Report for the quarter ended June 30, 2025
• Confirmed compliance with SEBI (Prohibition of Insider Trading) Regulations regarding trading window closure
• Recorded the Statement of Investor Complaints/Grievances under Regulation 13(3) for the June 2026 quarter

Parmeshwari Silk Mills reported a slight contraction in its standalone performance for the quarter ended June 30, 2026. Standalone revenue fell 4.4% YoY to ₹57.92 Cr, while standalone PAT declined 11.7% YoY to ₹1.96 Cr. On a consolidated basis, including Harappa Textile Mills, the company achieved a higher PAT of ₹2.49 Cr with an EPS of ₹8.28. Notably, the company reported zero financial indebtedness in its default disclosure, contrasting with historical debt figures.

• Standalone Revenue from Operations stood at ₹57.92 Cr, a decrease from ₹60.60 Cr in Q1 FY26.
• Consolidated Profit After Tax (PAT) reached ₹2.49 Cr for the quarter ended June 30, 2026.
• Standalone Earnings Per Share (EPS) declined to ₹6.53 from ₹7.39 in the year-ago period.
• The auditor highlighted that closing inventory as of June 30, 2026, was management-certified without physical verification.
• Total financial indebtedness was reported as ₹0.00 in the outstanding default disclosure format.

Parmeshwari Silk Mills reported a flat consolidated net profit of ₹2.49 crore for the quarter ended June 30, 2026, compared to ₹2.50 crore in the same period last year. Standalone revenue from operations saw a slight decline of 4.4% YoY, falling to ₹57.92 crore from ₹60.60 crore. Standalone profitability was pressured by a significant increase in raw material costs (₹38.95 crore vs ₹22.58 crore YoY), although this was partially mitigated by inventory adjustments. The company maintains a high debt-to-equity ratio of 1.90, with quarterly finance costs of ₹1.78 crore impacting the bottom line.

• Consolidated PAT remained nearly stagnant at ₹2.49 crore for Q1 FY27 vs ₹2.50 crore in Q1 FY26
• Standalone Revenue from operations decreased by 4.4% YoY to ₹57.92 crore
• Standalone Finance Costs stood at ₹1.78 crore, representing approximately 68% of the standalone profit before tax
• Consolidated Basic EPS for the quarter was reported at ₹8.28
• Auditors highlighted that closing inventory as of June 30, 2026, was certified by management without physical verification

Parmeshwari Silk Mills has scheduled a board meeting for August 12, 2026, to approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company reported a TTM revenue of ₹241 Cr and a PAT of ₹9 Cr for FY26. Given the stock's significant 12-month price return of 956.1%, the upcoming results will be critical to justify current valuations. The meeting will also address routine compliance reports including shareholding patterns and capital audits.

• Board meeting scheduled for August 12, 2026, at 03:00 P.M. in Ludhiana
• Review of unaudited standalone and consolidated results for the quarter ended June 30, 2026
• Trading window remains closed from July 1, 2026, until 48 hours post-result declaration
• Company reported TTM EPS of ₹28.72 as of the latest full-year data