Pajson Agro India Ltd (544657)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Pajson Agro's revenue was ₹137 Cr (+35.6% year on year, +16.1% on the previous half-year), and net profit ₹11.0 Cr (+10.0% year on year); the operating margin was 11.7%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹137 | +35.6% | +16.1% |
| Operating profit | ₹16.0 | +14.3% | -23.8% |
| Net profit | ₹11.0 | +10.0% | -21.4% |
| EPS (₹) | 4.44 | -84.0% | -45.3% |
| Operating margin | 11.7% | — | — |
📢 Recent Corporate Announcements
Pajson Agro India Limited reported the outcome of its analyst and investor meeting held on August 19, 2026, between 4:00 PM and 4:30 PM IST via Zoom. Company officials interacted with seven entities, including Philip Capital, Profit Tantra Financial Services, Grobiz, Wealth With Wisdom, Finix Capital, VS Ventures, and Samdeerya Capital. Management confirmed that discussions were limited to publicly available information and no Unpublished Price Sensitive Information (UPSI) was shared.
- Interacted with 7 analyst and investor organizations on August 19, 2026
- Meeting conducted virtually via Zoom between 4:00 PM and 4:30 PM IST
- Participants included Philip Capital, Profit Tantra, Grobiz, Wealth With Wisdom, Finix Capital, VS Ventures, and Samdeerya Capital
- Company confirmed no Unpublished Price Sensitive Information (UPSI) was discussed
Pajson Agro India Limited announced that shareholders approved the re-appointment of M/s S.S. Kothari Mehta & Co. LLP as statutory auditors at the 5th AGM held on August 17, 2026. The re-appointment is for a tenure of five consecutive years, lasting until the conclusion of the 10th AGM. S.S. Kothari Mehta & Co. LLP is an established audit firm founded in 1971. This is a routine governance renewal ensuring continuity in audit procedures.
- Re-appointment of M/s S.S. Kothari Mehta & Co. LLP approved at the 5th AGM on August 17, 2026
- Appointment tenure covers 5 consecutive years from the 5th AGM to the 10th AGM
- Auditor firm established in 1971, operating out of New Delhi and other major hubs
Pajson Agro India has announced a virtual group investor call scheduled for August 19, 2026, at 4:00 PM IST. This follows the company's FY26 performance where it reported a revenue of 256.0 cr and a net profit of 25.0 cr. The meeting is intended to discuss growth strategies and industry outlook based on publicly available information. Investors should note the company's high ROCE of 31.0% and its operational focus in Andhra Pradesh.
- Group investor call scheduled for August 19, 2026, at 4:00 PM IST
- Company reported FY26 revenue of 256.0 cr, up from 187.0 cr in FY25
- Net profit for FY26 reached 25.0 cr with an operating profit margin of 14.0%
- Promoter holding remains stable at 62.47% as of March 2026
- Discussion will be limited to publicly available information with no UPSI intended
Pajson Agro India Ltd has released its FY 2025-26 Annual Report, highlighting a total income of ₹256.92 crore, a 37% increase from ₹187 crore in FY25. A key structural shift is evident in the revenue mix, with institutional sales growing to 33.96% of total revenue, up from 20.88% in FY25 and just 1.39% in FY23. The company's Visakhapatnam processing facility operated at 86% capacity utilization. The balance sheet remains conservative with a debt-to-equity ratio of 0.25x and a net worth of ₹136 crore.
- Total income for FY26 reached ₹256.92 crore, representing a 37% year-on-year growth.
- Institutional revenue share surged to 33.96% in FY26, compared to 20.88% in the previous year.
- The processing facility in Visakhapatnam achieved 86% capacity utilization during the fiscal year.
- Maintained a low debt-to-equity ratio of 0.25x with a total net worth of ₹136 crore.
- Market capitalization as of March 31, 2026, was reported at ₹355.24 crore.
Pajson Agro reported a strong start to FY27 with estimated Q1 revenue of ~₹67.94 Cr, representing a 51% YoY increase from ₹45.03 Cr. The company has made significant progress on its greenfield expansion, issuing purchase orders worth ~₹45 Cr as of June 30, 2026. This capex commitment is substantial, equaling approximately 33% of the company's net worth (₹136 Cr). Additionally, the appointment of industry veteran Mr. Vu Thai Son as Strategic Advisor signals a push toward international market expansion and operational excellence.
- Estimated Q1 FY27 revenue reached ~₹67.94 Cr, a 51% growth over Q1 FY26's ₹45.03 Cr.
- Issued Purchase Orders worth ~₹45 Cr for the new greenfield processing facility as of June 30, 2026.
- Appointed Mr. Vu Thai Son, a cashew industry expert with over 30 years of experience, as Strategic Advisor.
- Greenfield project execution is proceeding as planned to enhance installed processing capacity.
- Scaling the 'Royal Mewa' consumer brand and expanding value-added product portfolios.
Pajson Agro India Limited has announced its 5th Annual General Meeting (AGM) to be held on August 17, 2026, via video conferencing. The company is sending physical letters to shareholders without registered email addresses, providing direct web links to the FY 2025-26 Annual Report and AGM Notice. Key administrative dates include a remote e-voting cut-off on August 10, 2026, and an e-voting window from August 14 to August 16, 2026. This filing is a standard regulatory procedure following the end of the fiscal year.
- 5th Annual General Meeting scheduled for August 17, 2026, at 03:30 P.M. IST
- Cut-off date for remote e-voting eligibility is August 10, 2026
- Remote e-voting period starts August 14, 2026 (9:00 A.M.) and ends August 16, 2026 (5:00 P.M.)
- Physical letters dispatched to shareholders whose email addresses are not registered with the RTA/Depositories
- Annual Report for FY 2025-26 and AGM Notice made available on the company website and BSE
Pajson Agro India Ltd has released its FY 2025-26 Annual Report, showing a total income of ₹256.92 crores, a 37% increase over FY25's ₹187 crores. The company maintained high operational efficiency with 86% capacity utilisation at its Visakhapatnam processing unit. Financial health remains stable with a low debt-to-equity ratio of 0.25x and a net worth of ₹136 crores. The company is currently deploying IPO proceeds in tranches for greenfield expansion while managing a management transition with a new CFO appointed in April 2026.
- Total income reached ₹256.92 crores for FY 2025-26, up from ₹187 crores in the previous year
- Processing facility in Visakhapatnam operated at 86% capacity utilisation during the fiscal year
- Maintained a disciplined balance sheet with a debt-to-equity ratio of 0.25x and net worth of ₹136 crores
- Market capitalization stood at ₹355.24 crores as of March 31, 2026
- Management transition completed with Nitan Garg taking over as CFO effective April 1, 2026
Pajson Agro India has scheduled its 5th Annual General Meeting (AGM) for August 17, 2026, to adopt the FY26 financial statements. The company reported a strong March 2026 quarter with revenue of Rs 137.0 Cr, compared to Rs 101.0 Cr in the same period last year. Key agenda items include the re-appointment of M/s. S.S. Kothari Mehta & Co. LLP as statutory auditors for a five-year term and the re-appointment of Mr. Pulkit Jain as a Non-Executive Director. The cut-off date for e-voting eligibility is August 10, 2026.
- 5th Annual General Meeting scheduled for August 17, 2026, via video conferencing
- Cut-off date for electronic voting eligibility is Monday, August 10, 2026
- March 2026 quarter revenue stood at Rs 137.0 Cr, a significant portion of the FY25 annual revenue of Rs 187.0 Cr
- Proposed re-appointment of Statutory Auditors for a 5-year term until the conclusion of the 10th AGM
- Company maintains a healthy Debt-to-Equity ratio of 0.25 based on Rs 34 Cr debt and Rs 136 Cr net worth
Pajson Agro India Ltd has approved its Directors' Report for the financial year 2025-26. The company has scheduled its Annual General Meeting (AGM) for August 17, 2026, at 03:30 PM. The meeting will be conducted virtually via video conferencing or other audio-visual means. This is a routine administrative filing following the conclusion of the fiscal year.
- Annual General Meeting (AGM) scheduled for August 17, 2026
- Directors' Report for the Financial Year 2025-26 approved by the Board
- Board meeting conducted on July 20, 2026, lasting 30 minutes (03:30 PM to 04:00 PM)
- AGM to be held via video conferencing/OAVM as per MCA and SEBI guidelines
Pajson Agro India Limited has appointed M/s S.S. Kothari Mehta & Co. LLP as its Statutory Auditor effective July 16, 2026. This appointment fills a casual vacancy resulting from the resignation of the previous auditor, M/s P.K. Maheshwari & Co. The new auditor is an established firm founded in 1971 with a national presence. The appointment was approved by shareholders at an Extra-Ordinary General Meeting (EGM) and is valid until the company's next Annual General Meeting (AGM).
- Appointment of M/s S.S. Kothari Mehta & Co. LLP effective from July 16, 2026
- Fills casual vacancy caused by the resignation of M/s P.K. Maheshwari & Co.
- New auditor firm S.S. Kothari Mehta & Co. LLP was established in 1971
- Tenure of appointment is until the ensuing Annual General Meeting (AGM)
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Raw Materials
Agricultural produce (implied by the company name 'Pajson Agro' and the existence of a processing unit), though specific crop names were not disclosed.
Capacity Expansion
The company operates a processing unit in Janakiramapuram, Rolugunta, Visakhapatnam, Andhra Pradesh. Current installed capacity and planned expansion timelines were not disclosed.
Manufacturing Efficiency
Efficiency is driven by the processing unit in Visakhapatnam, Andhra Pradesh; however, specific capacity utilization percentages were not disclosed.
Logistics & Distribution
Distribution costs are linked to the transport of processed goods from the Visakhapatnam unit to markets, though these costs as a percentage of revenue were not disclosed.
Strategic Growth
Growth Strategy
The company engaged with 9 institutional investors (including Sapphire Capital, Greengen Capital, and Holani Venture Capital Fund) on January 9, 2026, to discuss its growth strategy and industry outlook. This engagement suggests a focus on increasing institutional visibility to support future capital raises or market expansion, although specific CAGR targets were not disclosed.
Products & Services
Agro-processed goods produced at the Visakhapatnam facility. These products are central to the company's revenue stream, and their marketability depends on the processing efficiency of the Janakiramapuram unit.
Strategic Alliances
The company held a joint meeting with 9 investment firms (e.g., Vallum Capital, Negen Capital, Visaria Family Office) on January 9, 2026, to discuss business operations, indicating a strategic focus on investor relations.
External Factors
Industry Trends
The company operates in the agro-processing sector, which is subject to seasonal crop cycles and government procurement policies. Management discussed the industry outlook with investors to align their positioning with current market shifts, though specific trend data was not provided.
Competitive Landscape
The company competes in the agro-processing industry against other regional and national players, as evidenced by its outreach to institutional investors like Sapphire Capital to differentiate its growth strategy.
Competitive Moat
The company's processing unit in Visakhapatnam provides a regional operational base, but specific durable advantages like patents or cost leadership were not disclosed in the meeting outcome.
Regulatory & Governance
Industry Regulations
Agro-processing is subject to FSSAI standards and agricultural export-import policies, which dictate manufacturing standards and pricing for products processed at the Visakhapatnam unit.
Risk Analysis
Geographic Concentration Risk
Operations are concentrated in Andhra Pradesh (Processing Unit) and Delhi (Head Office). This concentration makes the company sensitive to regional agricultural policies and weather patterns in Andhra Pradesh, which could impact raw material availability.
