NSE: PILITA · BSE: 500327
PIL ITALICA LIFESTYLE LTD
Manufactures plastic furniture and lifestyle products from two plants in Udaipur (Rajasthan) and Silvassa, selling through a pan-India dealer and distributor network. The manufacturing segment is the dominant revenue stream at 97.9% of FY26 segment revenue (₹106.39 crore), with a small finance operation contributing the remaining 1.8%. Materials — primarily polymers — are the largest cost at 53.7% of FY26 revenue, and rising crude oil and polymer prices were cited as the main pressure on margins (FY26 EBITDA margin 8.6% versus 9.96% in the prior year). FY26 total income of ₹108.7 crore crossed the ₹100 crore threshold for the first time. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Manufacturing (98%), Finance (2%), Other Income (0%). Consumer plastics manufacturer, distribution-led, with margins sensitive to polymer and crude oil prices.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 68 | 85 | 97 | 100 | 108 |
| EBITDA (ex other income) | 5 | 6 | 8 | 9 | 9 |
| margin % | 6.7 | 6.8 | 8.3 | 9.4 | 8.3 |
| Owners' profit | 3 | 3 | 5 | 5 | 4 |
| EPS, as reported (₹) | 0.11 | 0.13 | 0.20 | 0.22 | 0.19 |
| ROE % · ROCE % | 3.8 · 6.2 | 4.4 · 7.2 | 6.2 · 9.4 | 6.6 · 10.3 | 5.4 · 8.4 |
| Debt / equity (x) | 0.21 | 0.16 | 0.21 | 0.12 | 0.18 |
| Cash from operations | (3) | 5 | 12 | 22 | 2 |
| Capex | (6) | (4) | (16) | (18) | (7) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30 | 27 | 24 | 28 | 30 | 27 | 17 | 28 |
| Profit before tax | 2 | 2 | 2 | 1 | 1 | 2 | 0 | 0 |
| Net profit | 2 | 1 | 2 | 1 | 1 | 1 | 0 | 0 |
| EPS (₹) | 0.07 | 0.05 | 0.07 | 0.04 | 0.03 | 0.04 | 0.01 | 0.01 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Manufacturing | 83 | 76.1 |
| Finance | 2 | 1.8 |
| Other Income | 0 | 0.3 |
| Manufacturing of Plastic Articles | 24 | 21.7 |
| Total, before eliminations | 109 | 100.0 |
Exhibit 4: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 22 Oct 2026 · September quarter profit falls 74% despite slight revenue growth | compliance | minimal | — | — |
| 21 Oct 2026 · Sharp profit decline in H1 FY27 despite Q2 revenue growth | business updates | medium | — | — |
| 21 Oct 2026 · PIL Italica H1 FY27 PAT falls 82 percent YoY, revenue down 13 percent | results | high | — | — |
| 21 Oct 2026 · PIL Italica Q2 FY26 PAT falls 74 percent to 30.44 lakh, half-year revenue down | results | high | — | — |
| 13 Oct 2026 · Board Meeting on Oct 21 to consider Q2/H1 FY26-27 results | results | low | — | — |
| 7 Oct 2026 · Routine RTA compliance certificate for quarter ended September 2026 | compliance | minimal | — | — |
| 25 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 8 Sept 2026 · Credit rating reaffirmed at CARE BBB- with stable outlook | credit debt | medium | — | — |
| 7 Sept 2026 · PIL Italica Lifestyle: CARE reaffirms BBB- rating on Rs 15 Cr bank facilities | credit debt | medium | — | — |
| 18 Jul 2026 · PIL Italica Q1 FY27 net profit drops 88 percent YoY to Rs 18.83 lakh | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.