PARASPETRO - Paras Petrofils
📢 Recent Corporate Announcements
Paras Petrofils Limited reported a net profit of ₹46.07 Lacs for the quarter ended December 31, 2025, marking a 32.7% increase compared to ₹34.70 Lacs in the same period last year. The company continues to report zero revenue from operations, with its entire income of ₹47.37 Lacs derived from 'Other Income' sources. Total expenses for the quarter remained extremely low at ₹1.30 Lacs. For the nine-month period ending December 2025, the company recorded a total profit of ₹93.14 Lacs, up from ₹87.68 Lacs in the previous year.
- Net Profit for Q3 FY26 increased to ₹46.07 Lacs from ₹34.70 Lacs in Q3 FY25.
- Revenue from operations remained at zero for the quarter and the nine-month period.
- Total Income for the quarter was ₹47.37 Lacs, consisting entirely of non-operational 'Other Income'.
- Total expenses were tightly controlled at just ₹1.30 Lacs for the quarter.
- Nine-month PAT stood at ₹93.14 Lacs compared to ₹87.68 Lacs in the corresponding period of the previous year.
Paras Petrofils Limited has responded to a clarification sought by the National Stock Exchange on January 30, 2026, regarding significant movement in its share price. The company officially stated that all price-sensitive information and material events have been duly disclosed under SEBI (LODR) Regulations, 2015. Management confirmed there is no pending information or upcoming announcement that would impact the stock's price or volume behavior. The company maintains that the recent volatility is entirely market-driven and not influenced by internal corporate developments.
- NSE issued clarification request Ref: NSE/CM/Surveillance/16396 on January 30, 2026
- Company responded on February 1, 2026, denying any undisclosed material information
- Management confirmed compliance with Regulation 30 of SEBI (LODR) Regulations, 2015
- Price movement attributed to market forces with no management involvement
- No pending developments or announcements reported that could affect share volume
Paras Petrofils Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the period ended December 31, 2025. The company's Registrar and Transfer Agent, Bigshare Services Pvt. Ltd, confirmed that all share certificates received for dematerialization were processed within the mandatory 15-day window. The process involved the mutilation and cancellation of physical certificates and updating the register of members with the depositories' names. This filing confirms the company's adherence to standard share-handling protocols.
- Compliance certificate submitted for the third quarter ended December 31, 2025.
- Bigshare Services Pvt. Ltd confirmed all dematerialization requests were handled within 15 days.
- Physical security certificates were mutilated and cancelled after due verification.
- The name of depositories has been substituted in the register of members as the registered owner.
Paras Petrofils Limited has announced the closure of its trading window for all designated persons and their immediate relatives starting January 01, 2026. This action is taken in accordance with SEBI Insider Trading regulations ahead of the declaration of financial results. The window will remain closed until 48 hours after the board meeting concludes for the approval of unaudited results for the quarter and nine months ending December 31, 2025. This is a mandatory compliance step for listed companies to ensure fair market practices.
- Trading window closure effective from January 01, 2026
- Relates to unaudited financial results for the period ending December 31, 2025
- Applies to all Designated Persons and their immediate relatives
- Reopens 48 hours after the Board meeting for financial results approval
Financial Performance
Revenue Growth by Segment
Revenue from operations for all segments remained at INR 0.00 Lacs for Q2 FY26, H1 FY26, and the full year FY25, representing 0% growth as the company reported no core operational activity. Total income is derived entirely from 'Other Income' which was INR 65.10 Lacs for H1 FY26, a 4.68% decrease from INR 68.30 Lacs in H1 FY25.
Geographic Revenue Split
Not disclosed in available documents as the company reported zero revenue from operations across all regions.
Profitability Margins
Net Profit Margin is not applicable to operations due to zero revenue. However, Net Profit for H1 FY26 was INR 47.07 Lacs (72.3% of total income), compared to INR 52.98 Lacs (77.5% of total income) in H1 FY25, showing a decline in non-operational profitability.
EBITDA Margin
Core EBITDA margin is not measurable due to zero revenue from operations. The company relies on Other Income of INR 28.07 Lacs in Q2 FY26 to cover minimal expenses of approximately INR 1.23 Lacs.
Capital Expenditure
The company maintained Property, Plant and Equipment with a total asset value contributing to a balance sheet size of INR 2,083.12 Lacs as of September 30, 2025. No specific planned CapEx figures were disclosed for FY26.
Credit Rating & Borrowing
Not disclosed in available documents. The company reported minimal 'Other Financial Liabilities' of INR 0.01 Lacs as of September 30, 2025.
Operational Drivers
Raw Materials
Cotton and Man-Made Fibers (MMF) are identified as the primary raw materials required for the business, although current consumption is zero due to halted operations.
Capacity Expansion
Current installed capacity is not specified in the documents; however, the company is focusing on regional capabilities through events like 'Bharat Tex' to potentially revive operational capacity.
Raw Material Costs
Raw material costs were INR 0.00 in H1 FY26 and FY25 due to the lack of manufacturing activity. Future costs are highly sensitive to global cotton and MMF price volatility.
Manufacturing Efficiency
Capacity utilization is currently 0% as evidenced by zero revenue from operations.
Strategic Growth
Growth Strategy
The company aims to achieve growth by leveraging 'Bharat Tex' events to strengthen buyer linkages and showcase regional capabilities. The strategy focuses on monitoring global demand cycles and economic conditions in India and export markets to identify an optimal time for operational revival.
Products & Services
Historically, the company is positioned in the Petrofils and Textile sector (Polyester/Yarn), though it currently reports zero sales of these products.
Brand Portfolio
Paras Petrofils.
New Products/Services
No new product launches were disclosed in the current reporting period.
Market Expansion
The company is monitoring export markets for potential demand recovery, though no specific target regions were named.
External Factors
Industry Trends
The industry is currently focusing on large-scale branding events like 'Bharat Tex' to link buyers and regional manufacturers. The company is positioned to follow this trend to regain market relevance.
Competitive Landscape
The company operates in the highly competitive and fragmented textile/petrofils industry, facing pressure from both domestic and international manufacturers.
Competitive Moat
The company currently lacks a strong competitive moat as evidenced by zero operational revenue and negative 'Other Equity' of INR 1,644.55 Lacs as of March 31, 2025.
Macro Economic Sensitivity
Highly sensitive to Indian economic conditions and global textile demand cycles. A 1% shift in global textile demand significantly impacts the feasibility of restarting the company's production lines.
Consumer Behavior
Shifts toward sustainable textiles and fluctuations in global fashion cycles affect the demand for the company's historical polyester/yarn product base.
Geopolitical Risks
Global demand cycles and economic conditions in export markets are cited as key external risks that could create trade barriers or reduce order flow.
Regulatory & Governance
Industry Regulations
Operations are subject to the Companies Act, 2013 and Indian Accounting Standards (IND AS). Future manufacturing would be subject to textile industry pollution norms and export-import regulations.
Taxation Policy Impact
The company provided for a current tax expense of INR 1.44 Lacs for the year ended March 31, 2025.
Legal Contingencies
The company stated that no legal proceedings were initiated during the year or were pending against the company as of March 31, 2025.
Risk Analysis
Key Uncertainties
The primary uncertainty is the ability to restart operations, with a potential 100% impact on core business viability if global demand for MMF does not recover.
Geographic Concentration Risk
Not applicable as revenue is zero; however, the registered office and primary operations are concentrated in Surat, Gujarat.
Technology Obsolescence Risk
Risk of existing machinery becoming obsolete during the prolonged period of zero operational activity.
Credit & Counterparty Risk
Minimal risk currently as the company has no active trade receivables from operations.