Prima Plastics' Q1 FY 2026-27 Quarterly Results

Result Summary

• Prima Plastics Ltd reported a 13.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 15.5%.
• Its expenses for the quarter were down by 13.2% QoQ and 24.6% YoY.
• The net profit decreased 62.6% QoQ and decreased 0.9% YoY.
• The earnings per share (EPS) of Prima Plastics Ltd stood at 2.65 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Prima Plastics Ltd is a company primarily involved in the manufacturing of plastic products. It operates within the plastics industry, providing a range of products that include plastic molded furniture, industrial and engineering molded products. The company is known for its focus on innovation and quality, catering to both domestic and international markets. As of recent developments, there is no specific data provided on any major changes or expansions within the company. Given the lack of detailed recent developments in the provided data, it remains crucial to rely on the financial metrics for insights into the company's current performance.

Revenue

In the first quarter of FY27, Prima Plastics Ltd reported a total income of ₹40.40 crores. This represents a decrease of 13.8% from the previous quarter (Q4FY26) where the total income was ₹46.87 crores. When compared to the same quarter in the previous year (Q1FY26), the total income dropped by 15.5% from ₹47.82 crores. This decline in total income over both the quarter-over-quarter (QoQ) and year-over-year (YoY) periods suggests a reduction in revenue generation during the current quarter relative to past performance. Despite the absence of specific details on product lines or market conditions, these figures provide a quantitative view of the revenue trends within the company.

Profitability

Profitability metrics for Prima Plastics Ltd reveal a Profit Before Tax (PBT) of ₹6.80 crores for Q1FY27, which marks a 16.7% decrease from ₹8.16 crores in Q4FY26. However, when compared to Q1FY26, where the PBT was ₹3.24 crores, there is a significant YoY increase of 109.9%. The tax expenses have notably risen by 173.5% QoQ to ₹5.58 crores from ₹2.04 crores and by 144.7% YoY from ₹2.28 crores. Consequently, the Profit After Tax (PAT) for Q1FY27 stands at ₹3.45 crores, down 62.6% from ₹9.23 crores in Q4FY26, and slightly decreased by 0.9% compared to ₹3.48 crores in Q1FY26. Earnings Per Share (EPS) also fell to ₹2.65 from ₹7.83 in Q4FY26, marking a 66.2% decline, and an 8.3% decrease from ₹2.89 in Q1FY26. These trends highlight fluctuations in the company's profitability over the periods analyzed.

Operating Metrics

Analyzing the operating metrics, Prima Plastics Ltd recorded total expenses of ₹33.61 crores in Q1FY27, which is a reduction of 13.2% from the previous quarter's ₹38.71 crores. When compared to Q1FY26, the expenses decreased by 24.6% from ₹44.58 crores. The decrease in expenses is significant when contrasted with the corresponding declines in revenue, indicating effective cost management strategies. However, specifics on operational efficiencies or cost-cutting measures are not detailed in the data provided. The relationship between income and expenses is critical to understanding the operational dynamics of the company during this period.