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Pervasive Commodities Ltd (517172)

📊 BSE: 517172 🏢 Trading & Distributors 📢 Latest filing: 29 Sep 2026

Latest quarterly results (Q4 FY26)

In its latest reported quarter, Q4 FY26, Pervasive Commodities' revenue was ₹33.0 Cr (+153.8% year on year, +450.0% on the previous quarter), and net profit ₹15.0 Cr (against a loss a year earlier); the operating margin was 45.5%.

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹33.0	+153.8%	+450.0%
Operating profit	₹15.0	from loss	—
Net profit	₹15.0	from loss	—
EPS (₹)	0.16	from loss	—
Operating margin	45.5%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Pervasive Commodities Shareholders Approve 5 Resolutions with 100% In-Favour Votes at AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 29 Sep 2026, 06:35 PM

Pervasive Commodities Limited submitted the voting results of its Annual General Meeting held on September 26, 2026. A total of 5 resolutions were approved, including financial statement adoption, director appointments, powers under Section 186, and loans to directors under Section 185. All 699,855,200 votes polled (representing 77.68% of outstanding shares) voted 100% in favour of each resolution, with promoter participation recorded at nil.

All 5 resolutions passed unanimously with 100% votes in favour (699,855,200 votes polled)
Voting turnout represented 77.6795% of total outstanding shares (900,952,200 shares)
0 votes were cast by the Promoter and Promoter Group out of their 545,900 shares held
Only 12 public shareholders attended the AGM held via video conferencing

💡 Track subsequent statutory filings and financial statements to monitor any material transactions executed under the approved Section 185 and Section 186 powers.

Pervasive Commodities Reconstitutes Board & Committees; MD Fagun Soni Assumes CFO Role

🟡 NEUTRAL ⭐ 5/10

MANAGEMENT 📅 24 Aug 2026, 06:35 PM

Pervasive Commodities announced key management and board changes effective August 24, 2026. MD Fagun Chandrakant Soni has taken over the role of Chief Financial Officer following the resignation of Dharmeshkumar Zinabhai Dataniya due to other preoccupations. Additionally, Chandrakant Ramniklal Soni (father of MD Fagun Soni) was appointed as an Additional Non-Executive Director, replacing outgoing director Parulben Dataniya. Consequently, the company has reconstituted its Nomination & Remuneration Committee and Stakeholders Relationship Committee.

Appointment of MD Fagun Chandrakant Soni as Chief Financial Officer effective 24th August, 2026
Appointment of Chandrakant Ramniklal Soni as Additional Non-Executive Director effective 24th August, 2026
Resignations of CFO Dharmeshkumar Zinabhai Dataniya and Director Parulben Dataniya effective 24th August, 2026
Reconstitution of both Nomination and Remuneration Committee and Stakeholders Relationship Committee

💡 Track the upcoming quarterly filings and compliance reports under the new financial leadership, and monitor board governance developments given the promoter shareholding stands at just 0.06%.

Pervasive Commodities Appoints MD Fagun Soni as CFO; Dharmeshkumar Dataniya Resigns

🟡 NEUTRAL ⭐ 5/10

MANAGEMENT 📅 24 Aug 2026, 06:32 PM

Pervasive Commodities announced key board and management reshuffles effective 24th August, 2026. Mr. Dharmeshkumar Zinabhai Dataniya has resigned as Chief Financial Officer (CFO), and Managing Director Mr. Fagun Chandrakant Soni has assumed the additional role of CFO. Concurrently, Mrs. Parulben Dharmeshkumar Dataniya resigned as Non-Executive Director, while Mr. Chandrakant Ramniklal Soni was inducted as an Additional Non-Executive Director.

Resignation of Mr. Dharmeshkumar Zinabhai Dataniya as CFO effective 24th August, 2026
Appointment of MD Mr. Fagun Chandrakant Soni as CFO effective 24th August, 2026
Resignation of Mrs. Parulben Dharmeshkumar Dataniya as Non-Executive Director effective 24th August, 2026
Appointment of Mr. Chandrakant Ramniklal Soni as Additional Non-Executive Director effective 24th August, 2026

💡 Track subsequent disclosures on permanent KMP appointments and the company's financial governance disclosures in upcoming quarterly reports.

Pervasive Commodities Overhauls Board & CFO: MD Fagun Soni Takes Dual Charge as CFO

🔵 WATCH ⭐ 6/10

MANAGEMENT 📅 24 Aug 2026, 06:30 PM

Pervasive Commodities has announced a top-level leadership restructuring effective August 24, 2026. CFO Dharmeshkumar Zinabhai Dataniya and Non-Executive Director Parulben Dharmeshkumar Dataniya have resigned from their respective positions citing pre-occupation and personal reasons. In their place, Managing Director Fagun Chandrakant Soni has assumed additional charge as Chief Financial Officer, while his father, Chandrakant Ramniklal Soni, has been appointed as an Additional Non-Executive Non-Independent Director. The board also reconstituted its Nomination & Remuneration and Stakeholders Relationship committees.

Resignation of CFO Dharmeshkumar Zinabhai Dataniya effective August 24, 2026
Appointment of MD Fagun Chandrakant Soni as Chief Financial Officer effective August 24, 2026
Resignation of Non-Executive Director Parulben Dharmeshkumar Dataniya effective August 24, 2026
Appointment of Chandrakant Ramniklal Soni as Additional Non-Executive Director effective August 24, 2026
Reconstitution of Nomination & Remuneration and Stakeholders Relationship Committees on August 24, 2026

💡 Track subsequent corporate governance disclosures, potential future appointment of a dedicated full-time CFO, and upcoming quarterly financial reporting under the new finance leadership.

Pervasive Commodities Appoints MD Fagun Soni as CFO; Reconstitutes Board and Committees

🟡 NEUTRAL ⭐ 5/10

MANAGEMENT 📅 24 Aug 2026, 06:27 PM

Pervasive Commodities Limited announced a management restructuring effective August 24, 2026. Current Managing Director Fagun Chandrakant Soni has taken on the additional role of Chief Financial Officer following the resignation of Dharmeshkumar Zinabhai Dataniya. Additionally, Chandrakant Ramniklal Soni has been appointed as an Additional Non-Executive Non-Independent Director, while Parulben Dharmeshkumar Dataniya resigned as Director. The company also reconstituted its Nomination & Remuneration and Stakeholders Relationship Committees.

Fagun Chandrakant Soni appointed as CFO w.e.f. August 24, 2026, alongside his role as MD
Chandrakant Ramniklal Soni appointed as Additional Non-Executive Non-Independent Director w.e.f. August 24, 2026
Dharmeshkumar Zinabhai Dataniya resigned from the post of CFO w.e.f. August 24, 2026
Parulben Dharmeshkumar Dataniya resigned from Non-Executive Directorship w.e.f. August 24, 2026

💡 Track corporate governance disclosures and observe upcoming quarterly financial statements for changes in operational oversight under the consolidated MD and CFO leadership.

Pervasive Commodities Appoints MD Fagun Soni as CFO; Board Reshuffle Effective Aug 24, 2026

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 24 Aug 2026, 06:25 PM

Pervasive Commodities announced key leadership and board changes effective August 24, 2026. Mr. Dharmeshkumar Zinabhai Dataniya resigned as Chief Financial Officer, with Managing Director Mr. Fagun Chandrakant Soni appointed as the new CFO. Additionally, Mr. Chandrakant Ramniklal Soni was appointed as an Additional Non-Executive Non-Independent Director following the resignation of Director Mrs. Parulben Dharmeshkumar Dataniya. The board also reconstituted its Nomination & Remuneration and Stakeholders Relationship Committees.

Managing Director Fagun Chandrakant Soni appointed as Chief Financial Officer effective August 24, 2026
Mr. Dharmeshkumar Zinabhai Dataniya resigned from the post of CFO effective August 24, 2026
Chandrakant Ramniklal Soni appointed as Additional Non-Executive Director effective August 24, 2026
Parulben Dharmeshkumar Dataniya stepped down as Non-Executive Director effective August 24, 2026
Committees reconstituted with Ms. Hetal Neel Pathak serving as Chairperson for both NRC and SRC

💡 Track the company's financial reporting accuracy and corporate governance practices following the consolidation of MD and CFO roles in a single executive.

Pervasive Commodities Q1 Revenue Drops to ₹0.49 Cr; Auditor Flags ₹19.67 Cr Unconfirmed Loans

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 12 Aug 2026, 07:55 PM

Pervasive Commodities reported a sharp decline in Q1 FY27 revenue to ₹49.30 lacs, down from ₹32.82 crore in the preceding quarter. Net profit plummeted to just ₹1.10 lakh from ₹14.72 crore in March 2026. The auditor's report raises significant red flags, including ₹19.67 crore in loans and advances (approx. 22% of net worth) lacking external confirmation and a lack of insurance for gold bar inventory. Furthermore, the company has been irregular in depositing undisputed statutory dues.

Revenue from operations fell 86% YoY to ₹49.30 lacs from ₹365.40 lacs in June 2025.
Net profit decreased to ₹1.10 lacs compared to ₹1,472.26 lacs in the sequential March 2026 quarter.
Auditor flagged ₹1,967.42 lacs in loans and advances lacking external balance confirmations or reconciliations.
Gold bar inventory is held in lockers without any insurance coverage to mitigate risk of loss, theft, or damage.
Company reported irregularity in depositing undisputed statutory dues with appropriate authorities.

💡 Investors should exercise extreme caution given the near-zero promoter holding (0.06%) and auditor concerns regarding the recoverability of loans representing over 20% of net worth.

Rs 0.49 Cr Revenue in Q1; Auditor flags Rs 19.67 Cr unconfirmed loans

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 12 Aug 2026, 07:51 PM

Pervasive Commodities reported a sharp decline in Q1 FY27 revenue to Rs 0.49 Cr, down from Rs 3.65 Cr YoY and Rs 32.83 Cr in the preceding quarter. Net profit plummeted to a marginal Rs 1.10 lacs. The auditor's report contains significant 'Other Matters,' including Rs 19.67 Cr in loans and advances lacking external confirmation, making recoverability uncertain. Additionally, the company holds gold bar inventory with no movement and no insurance coverage, alongside irregularities in depositing statutory dues.

Revenue from operations fell 86.5% YoY to Rs 49.30 lacs from Rs 365.40 lacs.
Net profit decreased 88.8% YoY to Rs 1.10 lacs compared to Rs 9.86 lacs.
Auditor flagged Rs 1,967.42 lacs in loans and advances without external balance confirmations.
Gold bar inventory reported with zero movement during the period and no insurance coverage.
Promoter holding remains critically low at 0.06% as per latest available context.

💡 Monitor management's clarification on the recoverability of Rs 19.67 Cr in loans, which represents over 20% of net worth. The combination of near-zero promoter holding and significant audit qualifications suggests high governance risk.

Pervasive Commodities Q1 Revenue Collapses to ‡0.49 Cr; Auditor Flags ‡19.67 Cr Unverified Loans

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 12 Aug 2026, 07:41 PM

Pervasive Commodities reported a severe 98.5% QoQ revenue contraction, with Q1 FY27 revenue falling to ‡0.49 Cr from ‡32.83 Cr in the previous quarter. While the company posted a marginal net profit of ‡1.10 lacs, the auditor's report contains critical qualifications. Most notably, the auditor could not verify the recoverability of ‡19.67 Cr in loans and advances, which represents approximately 22% of the company's net worth. Furthermore, the company holds gold bar inventory without any insurance coverage and has been irregular in depositing statutory dues.

Revenue from operations plummeted 98.5% QoQ to ‡49.30 lacs from ‡32.83 Cr in March 2026.
Auditor flagged ‡1,967.42 lacs (‡19.67 Cr) in loans and advances lacking external balance confirmations.
Company holds gold bar inventory in lockers with zero insurance coverage against theft or damage.
Net profit for the quarter stood at a marginal ‡1.10 lacs compared to ‡14.72 Cr in the preceding quarter.
Auditor noted persistent irregularities in depositing undisputed statutory dues with authorities.

💡 Investors should exercise extreme caution and monitor the 'Other Matters' section of future audits for updates on the ‡19.67 Cr unverified loans. The combination of extreme revenue volatility, low promoter holding (0.06%), and lack of asset insurance presents a high-risk profile.

August 12, 2026: Board Meeting to Consider Q1 FY27 Financial Results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 05 Aug 2026, 07:48 PM

Pervasive Commodities has scheduled a board meeting for August 12, 2026, to approve unaudited results for the quarter ended June 30, 2026. The company reported a TTM revenue of ‡43 Cr, with a significant portion (‡33 Cr) coming from the March 2026 quarter alone. Investors should be cautious as promoter holding has dropped sharply from 57.33% in September 2025 to just 0.06% in March 2026. The upcoming results will indicate if the recent revenue surge is sustainable or a one-off event.