Pakka (516030) Q1 26/27 earnings summary

Executive summary

• Approved audited consolidated financial results for Q4 and FY ended 31 March 2026, with a qualified audit opinion due to uncertainty over an overseas subsidiary's project and recoverability of Rs. 3,197.81 lakh in capital work in progress.

• Approved unaudited consolidated and standalone financial results for Q1 FY27, with a qualified review for the consolidated results due to ongoing uncertainty at the overseas subsidiary.

• Board approved restarting operations at Pakka Inc., USA, with an investment of up to USD 1 million, covering working capital, statutory obligations, and related costs.

• Appointed Kapoor Tandon & Co. as internal auditor for FY 2026-27.

• Changed monitoring agency for preferential issue proceeds from CARE Ratings to Brickwork Ratings.

Financial highlights

• FY26 consolidated revenue: Rs. 36,753.21 lakh, down from Rs. 42,072.88 lakh YoY.

• FY26 consolidated net profit: Rs. 650.31 lakh, down from Rs. 3,751.98 lakh YoY.

• Q1 FY27 consolidated revenue: Rs. 11,939.57 lakh, up from Rs. 8,330.35 lakh YoY.

• Q1 FY27 consolidated net profit: Rs. 589.11 lakh, compared to a net loss of Rs. 152.98 lakh YoY.

• FY26 EPS: Rs. 1.45 (basic and diluted), down from Rs. 8.96 in FY25.

Outlook and guidance

• Management is actively exploring financing options for the overseas project and will review the carrying amount of CWIP as clarity emerges.

• Operations at Pakka Inc., USA, are set to restart, with financial outlay capped at USD 1 million.