BSEApt Packaging LtdHighNeutral
Announced Tue, 27 Jan · 19:31 IST

Board of directors approved the unaudited quarterly results for the quarter ended as on 31st December, 2025 and other matters

Revenue Growth 20pctPat Growth 25pctQualified OpinionExceptional ItemResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Apt Packaging's board approved its Q3 FY26 standalone results on 27 January 2026. Total income for the quarter stood at Rs. 497.09 lakhs, up about 54% from Rs. 323.02 lakhs in Q3 FY25. Net profit for the quarter jumped to Rs. 45.99 lakhs from just Rs. 5.10 lakhs a year earlier. For the 9-month period (Apr-Dec 2025), total income rose to Rs. 1,561.72 lakhs (vs Rs. 916.61 lakhs) and net profit climbed to Rs. 92.41 lakhs (vs Rs. 26.99 lakhs). The statutory auditor issued a qualified review report, flagging three unprovided liabilities: Rs. 20.70 lakhs GST demand (under appeal), Rs. 11.45 lakhs doubtful debts, and leave encashment liability under the new labour code. The company also confirmed utilization of Rs. 1,882.11 lakhs out of the Rs. 19.65 crores raised via preferential allotment in May 2025, primarily for repaying debt (Rs. 1,439.34 lakhs) and working capital, with no deviation reported.

Likely market impact

Strong topline and bottomline growth year-on-year is a positive signal for shareholders, though the qualified auditor opinion and three unresolved liabilities warrant attention. The successful deployment of the preferential issue funds toward debt reduction and working capital should support future operations, but the persistent auditor qualifications may keep some investors cautious.