Integrated Filing — IndAS



General information about company

Scrip Code 506852
NSE Symbol PRIMO
MSEI Symbol NOTLISTED
ISIN INE607A01022
Name of company PRIMO CHEMICALS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-04-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment CHEMICAL
Start date and time of board meeting 05-05-2026   12:30:00
End date and time of board meeting 05-05-2026   16:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 14,486.36 56,169.23
Other income 564.99 1,979.36
Total income 15,051.35 58,148.59
2 Expenses
(a) Cost of materials consumed 8,957.67 34,428.92
(b) Purchases of stock-in-trade 489.99 1,628.77
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (416.33) (323.06)
(d) Employee benefit expense 1,146.64 4,714.96
(e) Finance costs 387.75 1,849.51
(f) Depreciation, depletion and amortisation expense 1,297.61 5,256.90
(f) Other Expenses
1 Other Expenses 2,406.08 8,890.90
Total other expenses 2,406.08 8,890.90
Total expenses 14,269.41 56,446.90
3 Total profit before exceptional items and tax 781.94 1,701.69
4 Exceptional items 0.51 (19.55)
5 Total profit before tax 782.45 1,682.14
6 Tax expense
7 Current tax 136.32 292.38
8 Deferred tax 136.74 333.47
9 Total tax expenses 273.06 625.85
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 509.39 1,056.29
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 98.06 480.79
16 Total profit (loss) for period 607.45 1,537.08
17 Other comprehensive income net of taxes (17.77) 9.28
18 Total Comprehensive Income for the period 589.68 1,546.36
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 4,846.86 4,846.86
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 32,401.22
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.25 0.63
Diluted earnings (loss) per share from continuing operations 0.25 0.63
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.25 0.63
Diluted earnings (loss) per share from continuing and discontinued operations 0.25 0.63
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The above consolidated audited financial results ofthe Company have been prepared In accordance with the Indian Accounting Standards IND AS prescribed under section 133 of the Companies Act 2013 the Act read with relevant rules Issued thereunder other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Board of India 2 On November 21 2025 the Government ofIndia notified the four Labour Codes The Code on Wages 2019 The Industrial Relations Code 2020 The Code on Social Security 2020 and The Occupational Safety Health and Working Conditions Code 2020 Based on the clarifications and FAQs Issued by the Ministry of Labour and Employment and considering the likely Impact of revised definition of wages under the Labour Codes the Company has assessed the potential implications on employee benefit obligations and made an additional provision of Rs 19.55 lakh which has been classified as an exceptional item In the audited financial results for the quarter and year ended 31 March 2026 The Company continues to monitor further developments and would provide appropriate accounting effect if any based on such developments 3 The Company owns 49 percent Equity in M/s Flow Tech Chemicals pvt Limited as on 31st March 2026 and Is being given treatment ofAssociate Concern as per applicable IND AS Accordingly the audited Financial Results for the Quarter and Year ended 31st March 2026 are prepared on Consolidated and Standalone basis 4 The figures for the last quarter are the balancing figures between the audited figures in respect ofthe full financial year ended 31st March 2026 and the unaudited published year to date figures upto the third quarter ended 31st December 2025 which were subjectto limited review 5 The Company operates in a single business segment viz Chemicals 6 The figures ofthe previous period have been regrouped reclassified wherever necessary 7 The above results have been reviewed by the Audit Committee and thereafter approved by the Board In Its meeting held on 5th May 2026



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 46,934.99
Capital work-in-progress 1,243.77
Investment property 0.00
Goodwill 0.00
Other intangible assets 3.54
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 6,544.98
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 2,104.07
Total of other non-current financial assets 2,104.07
Total non-current financial assets 8,649.05
Deferred tax assets (net) 0.00
Other non-current assets
1 Other non-current assets 1,613.59
Total of other non-current assets 1,613.59
Total non-current assets 58,444.94
2 Current assets
Inventories 3,304.09
Current financial asset
Current investments 0.00
Trade receivables, current 3,179.70
Cash and cash equivalents 101.95
Bank balance other than cash and cash equivalents 308.49
Loans, current 0.00
Other current financial assets
Total of other current financial assets 660.31
Total current financial assets 4,250.45
Current tax assets (net) 0.00
Other current assets
1 Other current assets 3,248.88
Total of other current assets 3,248.88
Total current assets 10,803.42
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 69,248.36
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 4,846.86
Other equity 35,769.67
Total equity attributable to owners of parent 40,616.53
Non controlling interest
Total equity 40,616.53
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 5,694.78
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Other non-current financial liabilities 51.23
Total of other non-current financial liabilities 51.23
Total non-current financial liabilities 5,746.01
Provisions, non-current 560.27
Deferred tax liabilities (net) 2,962.10
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 0.00
Total of other non-current liabilities 0.00
Total non-current liabilities 9,268.38
Current liabilities
Current financial liabilities
Borrowings, current 7,363.76
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 324.45
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,995.52
Total Trade payable 3,319.97
Other current financial liabilities
1 Other current financial liabilities 228.89
Total of other current financial liabilities 228.89
Total current financial liabilities 10,912.62
Other current liabilities 8,247.33
1 Other current liabilities 8,247.33
Total of other current liabilities 8,247.33
Provisions, current 75.91
Current tax liabilities (Net) 127.59
Deferred government grants, Current
Total current liabilities 19,363.45
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 28,631.83
Total equity and liabilites 69,248.36
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss (27.32) 14.26
Total Amount of items that will not be reclassified to profit and loss (27.32) 14.26
2 Income tax relating to items that will not be reclassified to profit or loss (9.55) 4.98
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (17.77) 9.28



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,682.14
Adjustments for reconcile profit (loss)
Adjustments for finance costs 797.71
Adjustments for decrease (increase) in inventories 85.84
Adjustments for decrease (increase) in trade receivables, current 1,097.40
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 2,093.60
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (1,173.85)
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (3,488.79)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 444.59
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 5,257.19
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 19.02
Adjustments for provisions, non-current 14.26
Adjustments for other financial liabilities, current (62.04)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 54.20
Adjustments for dividend income 0.00
Adjustments for interest income 166.01
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 480.79
Other adjustments for which cash effects are investing or financing cash flow (14.93)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 480.79
Total adjustments for reconcile profit (loss) 4,958.19
Net cash flows from (used in) operations 6,640.33
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 172.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 6,468.33
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 69.18
Purchase of property, plant and equipment 2,601.58
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 166.01
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 584.80
Net cash flows from (used in) investing activities (1,781.59)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 3,255.34
Repayments of borrowings 7,001.27
Payments of lease liabilities 33.70
Dividends paid 0.00
Interest paid 821.92
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (4,601.55)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 85.19
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 85.19
Cash and cash equivalents cash flow statement at beginning of period 16.76
Cash and cash equivalents cash flow statement at end of period 101.95





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S. Tandon and Associates LLP Yes 30-11-2028