Integrated Filing — IndAS



General information about company

Scrip Code 516030
NSE Symbol PAKKA
MSEI Symbol NOTLISTED
ISIN INE551D01018
Name of company PAKKA 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 14-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 02-08-2026
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 Multi segment
Description of single segment
Start date and time of board meeting 14-08-2026   10:00:00
End date and time of board meeting 14-08-2026   15:35:00
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 Statement on impact of audit qualification



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 10,142.66 35,629.31
Other income 364.33 1,123.90
Total income 10,506.99 36,753.21
2 Expenses
(a) Cost of materials consumed 4,041.01 14,311.20
(b) Purchases of stock-in-trade 658.78 1,653.03
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (8.54) 186.11
(d) Employee benefit expense 1,273.24 4,378.38
(e) Finance costs 385.02 1,177.33
(f) Depreciation, depletion and amortisation expense 411.54 1,656.77
(f) Other Expenses
1 Power and Fuel 1,487.45 5,099.71
2 Other Expenses 1,784.56 6,934.77
Total other expenses 3,272.01 12,034.48
Total expenses 10,033.06 35,397.30
3 Total profit before exceptional items and tax 473.93 1,355.91
4 Exceptional items 0.00 0.00
5 Total profit before tax 473.93 1,355.91
6 Tax expense
7 Current tax 270.43 843.97
8 Deferred tax (103.07) (138.37)
9 Total tax expenses 167.36 705.60
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 306.57 650.31
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 0.00 0.00
16 Total profit (loss) for period 306.57 650.31
17 Other comprehensive income net of taxes 234.72 475.56
18 Total Comprehensive Income for the period 541.29 1,125.87
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 306.57 650.31
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 234.72 465.56
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 4,494.81 4,494.81
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 39,385.44
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.68 1.45
Diluted earnings (loss) per share from continuing operations 0.68 1.45
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 0.68 1.45
Diluted earnings (loss) per share from continuing and discontinued operations 0.68 1.45
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 Audited Consolidated Financial Results have been reviewed by the Audit Committee in its meeting held on 13th August 2026 and approved by the Board of Directors at their meeting held on 14th August 2026. The Statutory Auditors of the Company have carried out Limited Review of the aforesaid results. 2) These Financial Results have been prepared in accordance with the recognition and measurement principles of the Indian Accounting Standards( Ind AS), prescribed under section 133 of the Companies Act, 2013, read with the relevant rules issued thereunder and other accounting principles generally accepted in India and in accordance with the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. 3) In respect of the Company’s TSOP-2021, during the period ended 30th June 2025, a. During the period, the company has extended TSOP – 21 end date from December 31, 2026, to December 31, 2031. b. During the period, the Company issued Tranche IV under the Pakka Team Stock Option Plan, 2021 (TSOP 2021) comprising 1,24,500 ESOPs with an exercise price of Rs.152.31 per option, vesting on 31 December 2026 4) The plant was shut from 16th June 2025 to 26th July 2025 on account of expansion of production facility as part of Project Jagriti. 5) During the period, the Company approved the extension of the validity period of outstanding warrants from 12 months to 18 months. 6) The scheme of Merger of Pakka Impact Limited (CIN: U74110UP2014PLC062982), a wholly owned subsidiary company into Pakka Limited (CIN: L24231UP1981PLC005294) effective 1st April 2025 has been approved by the Board of Directors in their meeting held on 30th May 2025 in terms of the provisions of Section 230-232 of the Companies Act, 2013. The same is subject to regulatory approvals. In view of the pending approvals from various regulatory authorities, no effects of PIL financials are given in above results. 7) As per the Board approval, Pakka Pte Limited, a wholly owned subsidiary of the Company shall be closed in this Financial Year. Requisite provision for impairment has already been considered in the audited financials of FY 2023-24. 8) Figures of previous reporting periods have been regrouped wherever necessary to correspond with the figures of the current reporting period. 9) The results of the company are available on the company's website www.pakka.com, BSE website at www.bseindia.com and NSE website at www.nseindia.com.



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 20,709.21
Capital work-in-progress 58,668.78
Investment property 106.57
Goodwill 175.82
Other intangible assets 13.46
Intangible assets under development 1,003.85
Biological assets other than bearer plants 0.00
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.20
Trade receivables, non-current 0.00
Loans, non-current 167.21
Other non-current financial assets
1 Other Financial Assets 10.45
Total of other non-current financial assets 10.45
Total non-current financial assets 177.86
Deferred tax assets (net)
Other non-current assets
1 Other non-current assets 4,276.68
Total of other non-current assets 4,276.68
Total non-current assets 85,132.23
2 Current assets
Inventories 14,561.11
Current financial asset
Current investments 0.00
Trade receivables, current 4,592.53
Cash and cash equivalents 1,794.12
Bank balance other than cash and cash equivalents 416.22
Loans, current 43.18
Other current financial assets
Total of other current financial assets 174.55
Total current financial assets 7,020.60
Current tax assets (net) 70.07
Other current assets
1 Other current assets 4,880.57
Total of other current assets 4,880.57
Total current assets 26,532.35
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,11,664.58
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 4,494.81
Other equity 41,833.44
Total equity attributable to owners of parent 46,328.25
Non controlling interest 0.00
Total equity 46,328.25
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 31,071.14
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 Financial Liabilities 6,001.72
2 Deferred Tax Liabilities (Net) 1,944.15
3 Other Non-current liabilities 5,498.12
Total of other non-current financial liabilities 13,443.99
Total non-current financial liabilities 44,515.13
Provisions, non-current 169.81
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 44,684.94
Current liabilities
Current financial liabilities
Borrowings, current 14,957.58
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 717.72
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 3,354.84
Total Trade payable 4,072.56
Other current financial liabilities
1 Other current financial liabilities 32.05
Total of other current financial liabilities 32.05
Total current financial liabilities 19,062.19
Other current liabilities 1,589.20
1 Other current liabilities 1,532.94
2 Provisions 56.26
Total of other current liabilities 1,589.20
Provisions, current 0.00
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 20,651.39
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 65,336.33
Total equity and liabilites 1,11,664.58
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)
1 Paper & Pulp 8,819.65 30,430.08
2 Moulded Products 1,687.34 6,323.13
Total Segment Revenue 10,506.99 36,753.21
Less: Inter segment revenue 0.00 0.00
Revenue from operations 10,506.99 36,753.21
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Paper & Pulp 1,244.08 2,676.53
2 Moulded Products (690.82) (1,084.24)
Total Profit before tax 553.26 1,592.29
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income 79.33 236.38
Profit before tax 473.93 1,355.91
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Paper & Pulp 1,05,878.66 1,05,878.66
2 Moulded Products 5,600.99 5,600.99
Total Segment Asset 1,11,479.65 1,11,479.65
Un-allocable Assets 184.93 184.93
Net Segment Asset 1,11,664.58 1,11,664.58
4 Segment Liabilities
Segment Liabilities
1 Paper & Pulp 54,999.82 54,999.82
2 Moulded Products 7,963.80 7,963.80
Total Segment Liabilities 62,963.62 62,963.62
Un-allocable Liabilities 2,372.67 2,372.67
Net Segment Liabilities 65,336.29 65,336.29
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) 1. The Company is engaged in the following business segments: - Paper & Pulp - Moulded Products 2. Segments have been identified taking into account the nature of activities and nature of risks and returns.



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 remeasurement of defined benefit plans 51.61 47.25
2 Foreign Currency Transition Reserve 196.10 440.20
Total Amount of items that will not be reclassified to profit and loss 247.71 487.45
2 Income tax relating to items that will not be reclassified to profit or loss 12.99 11.89
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
5 Total Other comprehensive income 234.72 475.56



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 1,355.91
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,177.33
Adjustments for decrease (increase) in inventories (1,364.88)
Adjustments for decrease (increase) in trade receivables, current 33.61
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (2,189.61)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 91.21
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 2,550.71
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 4,868.86
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,656.77
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 22.36
Adjustments for provisions, non-current 2.82
Adjustments for other financial liabilities, current (12.32)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 440.20
Adjustments for dividend income 0.00
Adjustments for interest income 144.64
Adjustments for share-based payments 3.27
Adjustments for fair value losses (gains) 0.07
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 128.41
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 7,264.17
Net cash flows from (used in) operations 8,620.08
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,107.56
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 7,512.52
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 119.96
Purchase of property, plant and equipment 37,325.39
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 78.96
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 144.64
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 260.16
Net cash flows from (used in) investing activities (36,721.67)
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 25,470.34
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 1,177.33
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 24,293.01
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (4,916.14)
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 (4,916.14)
Cash and cash equivalents cash flow statement at beginning of period 6,710.26
Cash and cash equivalents cash flow statement at end of period 1,794.12





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 Statement on impact of audit qualification
Auditor's opinion Qualified 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
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 CNK & ASSOCIATES LLP Yes 31-07-2027


Financial details

Amount in (Lakhs)

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 36,753.21 36,753.21
2 Total Expenditure 35,397.30 35,397.30
3 Net Profit/(Loss) 650.31 650.31
4 Earnings Per Share 1.45 1.45
5 Total Assets 1,11,664.58 1,11,664.58
6 Total Liabilities 1,11,664.58 1,11,664.58
7 Net Worth 46,328.25 46,328.25


Audit qualification

Amount in (Lakhs)

Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Whether appeared first time Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)


Text Block

Textual Information(1) One overseas subsidiary, Pakka, INC has recognised Rs.3,197.81 lakh as Capital Work in Progress (CWIP). Project activities were temporarily suspended during the last quarter of the preceding year because the necessary financing was not arranged. As at the date of the auditor's report, the required funding had not been obtained. Consequently, there is uncertainty regarding resumption of the project and recoverability of the CWIP, including whether any adjustment to its carrying amount is required.
Textual Information(2) Not Applicable. The auditor has stated the carrying amount of CWIP but has not quantified the amount of any required adjustment.
Textual Information(3) In view of the reasons stated in para e(ii) below, the management is presently unable to estimate the financial impact of the qualification, if any.
Textual Information(4) Considering the nature of CWIP, the Management does not envisage any impairment at this stage, as most of the CWIP incurred is for detailed engineering which will be utilized in the near future for reactivating the project. Further, the management is actively exploring financing options and will review the carrying amount of the CWIP as and when greater clarity emerges on the funding and resumption of the project. Appropriate accounting adjustments, if required, will be made in accordance with the applicable Ind AS / financial reporting framework once the position becomes ascertainable.
Textual Information(5) We are in agreement with the above comments of the management.


Signatories detail

Name of CEO / Managing director Ved Krishna
Name of CFO Manoj Kumar Maurya, Finance Head
Name of audit committee chairman Alok Ranjan
Name of statutory auditor Diwakar P Sapre
Name of other signatory, if any, with designation Not Applicable
Place Ayodhya
Date 14-08-2026