Worth Peripherals Limited has informed the Exchange regarding Board meeting held on August 06, 2025.
WORTHPERI · price
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Worth Peripherals' board approved unaudited Q1 FY26 (quarter ended June 30, 2025) results. On a standalone basis, revenue from operations rose about 8% year-on-year to Rs 52.13 crore, with profit after tax up around 11% at Rs 3.70 crore and EPS at Rs 2.35 versus Rs 2.11 a year ago. On a consolidated basis (including Yash Packers and Worth Wellness), revenue grew about 15% to Rs 76.23 crore and PAT rose roughly 15% to Rs 4.34 crore. The board also cleared a Rs 125 crore new project at wholly owned subsidiary Worth Wellness Private Limited, for which Kotak Mahindra Bank has sanctioned Rs 48 crore term loan and Rs 15 crore working capital, and approved a Rs 63 crore corporate guarantee by the parent for the subsidiary's borrowings. Director changes were announced: Jayvir Chadha to be elevated from Whole-time Director to Managing Director, Raminder Singh Chadha redesignated as Whole-time Director and Chairman, and Alok Jain reappointed as Independent Director for a second 5-year term – all subject to shareholder approval. The 29th AGM is set for September 23, 2025 via video conferencing, with the register of members closed from September 17 to 23, 2025 for the AGM and final dividend, and e-voting scheduled from September 20 to 22, 2025.
Steady mid-to-high teens profit growth and a major Rs 125 crore subsidiary expansion signal continued business momentum, but the Rs 63 crore corporate guarantee creates a meaningful contingent liability on the parent's books that shareholders should track. Director changes reflect a leadership transition within the promoter family, and the upcoming final dividend (record dates Sept 17–23) offers a near-term return to eligible shareholders.