BSEPrima Industries LtdHighNeutral
Announced Thu, 12 Feb · 16:15 IST

Un-Audited Financial Results for the Quarter ended 31.12.2025.

Revenue DeclineRelated Party TransactionsResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prima Industries reported Q3 FY26 standalone revenue from operations of ₹17.12 million, down from ₹20.73 million in Q3 FY25 — a roughly 17% year-on-year decline. Nine-month revenue was nearly flat at ₹55.72 million versus ₹56.30 million a year earlier. However, the company swung to a profit of ₹2.45 million in Q3 FY26, compared to a loss of ₹2.38 million in Q3 FY25, helped by sharp falls in power and fuel costs (₹6.81 million vs ₹10.24 million) and lower administrative expenses. For 9M FY26, profit after tax was ₹0.84 million versus a loss of ₹5.95 million last year. Separately, the Board approved the allotment of 51,97,403 (about 51.97 lakh) 10% Non-Convertible Redeemable Preference Shares to Ayyappa Roller Flour Mills Limited — the sole holder — pursuant to an NCLT order under Section 55(3) of the Companies Act, with a 20-year tenure ending 23 July 2042. The limited review report from G. Joseph & Associates is unqualified, with no qualifications or emphasis of matter.

Likely market impact

Short-term, the return to quarterly profit and big drop in power costs are mildly positive, but shrinking top-line revenue and very thin absolute profit margins (PAT of just ₹0.84 million on 9M revenue of ₹55.72 million) underline weak fundamentals. The ₹51.97 lakh preference share issue to a sole related-party allottee is a capital structure change worth watching closely, though it does not dilute equity shareholders.