Outcome of Meeting of Board of Directors held on May 08, 2026.
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Parmeshwar Metal Ltd reported strong financial performance for FY2026 with revenue from operations growing 42.7% to Rs 1,97,294.16 Lacs from Rs 1,38,243.37 Lacs in FY2025. Profit after tax surged 196% to Rs 3,249.37 Lacs compared to Rs 1,097.80 Lacs in the previous year. EPS improved significantly from Rs 9.03 to Rs 21.23. The Board recommended a final dividend of Rs 1.25 per equity share (12.5%) subject to shareholder approval. The company appointed new Internal Auditor (R N C A & Associates) and Cost Auditor (S A & Associates) for FY2026-27. Operating cash flow turned positive at Rs 2,163.63 Lacs versus negative Rs 417.36 Lacs in FY2025. IPO proceeds of Rs 2,474.16 Lacs were fully utilized with no material deviation reported. Auditors issued an unmodified (clean) opinion.
The company delivered exceptional PAT growth of 196% with strong revenue expansion and improved operating cash flows, which is positive for shareholders. The clean audit opinion and full utilization of IPO proceeds without deviation further strengthen investor confidence.