Poojawestern Metaliks Ltd (540727)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Poojawestern Metaliks' revenue was ₹16.6 Cr (+51.7% year on year, -26.7% on the previous quarter), and net profit ₹0.4 Cr (-10.8% year on year); the operating margin was 7.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹16.6 | +51.7% | -26.7% |
| Operating profit | ₹1.2 | +1.4% | from loss |
| Net profit | ₹0.4 | -10.8% | from loss |
| EPS (₹) | 0.41 | -10.9% | from loss |
| Operating margin | 7.3% | — | — |
📢 Recent Corporate Announcements
Poojawestern Metaliks has issued a formal communication providing the web-link of its Annual Report for FY2025-26 to shareholders without registered email addresses. The company's 10th Annual General Meeting (AGM) will be held virtually on September 12, 2026, at 11:30 AM IST. The cut-off date to determine e-voting eligibility is September 5, 2026, and remote e-voting will be available from September 9 to September 11, 2026.
- 10th Annual General Meeting scheduled for September 12, 2026, at 11:30 AM IST via VC/OAVM
- Cut-off date for e-voting eligibility fixed as Saturday, September 05, 2026
- Remote e-voting window opens September 09, 2026 (9:00 AM IST) and closes September 11, 2026 (5:00 PM IST)
- Annual Report FY25-26 made accessible via company web link under SEBI Listing Regulation 36(1)(b)
Poojawestern Metaliks Ltd has submitted its Annual Report for FY 2025-26 and scheduled its 10th Annual General Meeting for September 12, 2026. For FY26, the company recorded consolidated revenue of ₹7,456.55 lakh (up from ₹5,036.58 lakh in FY25) and consolidated PAT of ₹159.71 lakh. Standalone net profit declined to ₹88.61 lakh from ₹155.43 lakh in the previous year, primarily due to lower export demand to Gulf countries. The Board has not recommended any dividend for FY26 to conserve resources.
- Consolidated revenue from operations for FY26 reached ₹7,456.55 lakh compared to ₹5,036.58 lakh in FY25.
- Consolidated Profit After Tax stood at ₹159.71 lakh for FY26 versus ₹155.43 lakh in FY25.
- Standalone PAT declined to ₹88.61 lakh (vs ₹155.43 lakh in FY25) due to lower export volumes to Gulf countries.
- 10th AGM set for September 12, 2026 via video conferencing, with cut-off date fixed as September 05, 2026.
- Zero dividend recommended for FY 2025-26 to conserve capital.
Poojawestern Metaliks Limited has issued the notice for its 10th Annual General Meeting (AGM) scheduled for September 12, 2026, via Video Conferencing. Key agenda items include the adoption of FY26 financial statements, the appointment of M/s B. B. Gusani & Associates as Statutory Auditors for a 5-year term (2026–2031) replacing M/s DGMS & Co., and the re-appointment of Whole-Time Director Anil Devram Panchmatiya with a proposed remuneration of ₹10,00,000 per annum. Additionally, resolutions will be tabled for the second 5-year terms of two Independent Directors, with September 5, 2026, fixed as the cut-off date for e-voting.
- 10th AGM scheduled for Saturday, September 12, 2026, at 11:30 A.M. IST via VC/OAVM
- Cut-off date for e-voting eligibility set for Saturday, September 05, 2026
- M/s B. B. Gusani & Associates proposed as Statutory Auditors for a 5-year term until the 15th AGM in 2031
- Re-appointment of Whole-time Director Anil Devram Panchmatiya (holding 16,18,481 shares) with proposed annual remuneration of ₹10,00,000
Poojawestern Metaliks' Board of Directors approved the re-appointment of two Non-Executive Independent Directors, Mr. Hitesh Amritlal Vishrolia and Mr. Bimal Sureshkumar Udani, for second 5-year terms commencing in late 2026. Additionally, the Board recommended the appointment of M/s. B. B. Gusani & Associates as Statutory Auditors for a 5-year tenure (from 10th AGM in 2026 to 15th AGM in 2031) replacing retiring auditors M/s. DGMS & Co. The 10th Annual General Meeting has been scheduled for September 12, 2026, to seek shareholder approval for these resolutions.
- Re-appointed Mr. Hitesh Amritlal Vishrolia as Independent Director for a 5-year term effective December 06, 2026.
- Re-appointed Mr. Bimal Sureshkumar Udani as Independent Director for a 5-year term effective November 13, 2026.
- Recommended M/s. B. B. Gusani & Associates as Statutory Auditors for 5 consecutive years (10th AGM in 2026 to 15th AGM in 2031).
- Scheduled 10th Annual General Meeting for Saturday, September 12, 2026 at 11:30 AM via VC/OAVM.
Poojawestern Metaliks reported a strong 51.7% YoY growth in consolidated revenue to ₹16.55 Cr for Q1 FY27. However, Net Profit declined by 10.6% YoY to ₹0.42 Cr, primarily due to a 72% surge in raw material costs which reached ₹14.25 Cr. Sequentially, the company returned to profitability after reporting a loss of ₹0.23 Cr in the March 2026 quarter. The company continues to operate with a high debt-to-equity ratio of 1.51, with finance costs consuming a significant portion of operating profits.
- Consolidated Revenue from Operations increased to ₹16.55 Cr from ₹10.91 Cr in Q1 FY26.
- Net Profit for the quarter stood at ₹0.42 Cr, a decline from ₹0.47 Cr in the year-ago period.
- Cost of materials consumed rose sharply to ₹14.25 Cr compared to ₹8.28 Cr in Q1 FY26.
- Finance costs remained high at ₹0.45 Cr, representing nearly 88% of the Profit Before Tax.
- Basic EPS for the quarter was ₹0.41, down from ₹0.47 in the corresponding previous quarter.
Poojawestern Metaliks reported a significant 51.7% YoY increase in consolidated revenue for Q1 FY27, reaching ₹16.55 Cr. However, consolidated net profit declined 10.6% YoY to ₹0.42 Cr, down from ₹0.47 Cr in the year-ago period, as raw material costs and finance charges weighed on margins. Sequentially, the company returned to profitability after reporting a loss of ₹0.23 Cr in the March 2026 quarter. The company's high leverage remains a concern, with finance costs of ₹0.45 Cr impacting the bottom line.
- Consolidated revenue from operations rose to ₹16.55 Cr in Q1 FY27 from ₹10.91 Cr in Q1 FY26.
- Net profit for the quarter stood at ₹0.42 Cr, recovering from a loss of ₹0.23 Cr in the preceding quarter.
- Cost of materials consumed reached ₹14.25 Cr, representing approximately 86% of total revenue.
- Finance costs for the quarter were ₹0.45 Cr, reflecting the company's high debt-to-equity ratio of 1.51.
- Earnings Per Share (EPS) for the quarter was ₹0.41, compared to ₹0.47 in the same quarter last year.
Poojawestern Metaliks has scheduled a board meeting on August 6, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is coming off a weak March 2026 quarter where it reported a net loss of ₹0.23 crore on revenue of ₹22.59 crore. With a small market cap of ₹18 crore and a high debt-to-equity ratio of 1.51, the upcoming results are critical to assess if the company can return to the profitability levels seen in mid-2025. Additionally, investors should note the recent decline in promoter holding from 61.88% to 58.12% as of June 2026.
- Board meeting scheduled for August 06, 2026, to approve Q1 FY27 results
- Trading window for insiders has been closed since July 01, 2026
- Company reported a net loss of ₹0.23 crore in the previous quarter (March 2026)
- TTM revenue stands at ₹75 crore against a small market capitalization of ₹18 crore
- Promoter holding decreased to 58.12% in the June 2026 quarter from 61.88% in March 2026
Poojawestern Metaliks has approved a fundraise of up to Rs 15 crore through a Rights Issue of partly paid-up equity shares. A key feature of this proposal is the conversion of outstanding, non-interest-bearing unsecured loans from the promoter group into equity shares. The specific issue price, rights entitlement ratio, and record date will be finalized by a board committee later. This move aims to strengthen the balance sheet by converting debt to equity, though it will result in equity dilution for existing shareholders.
- Fundraise amount capped at a maximum of Rs 1500 Lakhs (Rs 15 Crore) via Rights Issue.
- Promoter group (Sunil D. Panchmatiya and others) to convert unsecured loans into equity shares.
- Equity shares will be issued as partly paid-up with a face value of Rs 10 each.
- Postal ballot process initiated to seek shareholder approval for the issuance and loan conversion.
- Stock has seen a significant 12-month price decline of 39.0% leading up to this announcement.
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