Priti International Limited (PRITI)
₹31.42 +1.68% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Priti International's revenue was ₹3.4 Cr (-52.0% year on year, -43.2% on the previous quarter), and net profit ₹0.1 Cr (-54.0% year on year); the operating margin was -6.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹3.4 | -52.0% | -43.2% |
| Operating profit | ₹-0.2 | loss narrowed | loss widened |
| Net profit | ₹0.1 | -54.0% | -29.6% |
| EPS (₹) | 0.09 | -52.6% | -30.8% |
| Operating margin | -6.9% | — | — |
PRITI delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 49.89% of the PRITI shares traded on NSE were taken to delivery, against the stock's own 20-session average of 78.46%. That is lower than usual for this stock. Turnover was only ₹2 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 73.8% · 76.7% · 71.1% · 81.5% · 49.9%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Priti International has filed a report under Regulation 10(7) of SEBI SAST Regulations regarding an inter-se transfer of shares between promoters. The transaction involves a transfer of shares by way of gift from Ms. Priti Lohiya to her spouse, Mr. Ritesh Lohiya. Requisite regulatory filing fees of Rs 177,000 have been paid via the SEBI SI Portal. Because this is an internal transfer among promoters, overall promoter group holding (previously at 64.6%) remains unchanged.
- Inter-se share transfer executed via gift between promoters Mr. Ritesh Lohiya and Ms. Priti Lohiya
- SEBI takeover filing fee of Rs 177,000 paid on October 14, 2026
- Filing submitted under Regulation 10(7) of SEBI SAST Regulations, 2011
- No change in overall promoter holding structure or company fundamentals
Priti International Limited submitted its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate was issued by Bigshare Services Private Limited, the company's Registrar and Share Transfer Agent, on October 07, 2026. The RTA confirmed that no requests for dematerialisation or rematerialisation were received during the quarter. This is a recurring administrative compliance filing with no impact on operations.
- Compliance certificate submitted for the quarter ended September 30, 2026
- Certificate received from Bigshare Services Private Limited dated October 07, 2026
- Nil demat and remat requests received during the entire quarter ended September 30, 2026
Priti International filed the minutes of its 9th Annual General Meeting held on September 16, 2026. Shareholders approved all resolutions, including the adoption of FY2025-26 audited accounts and the re-appointment of Independent Directors Yogendra Chhangani and Sanjay Kumar through September 30, 2028. Key leadership re-designations were finalized: Ms. Priti Lohiya transitioned from Managing Director to Whole-Time Director for 5 years, and Mr. Ritesh Lohiya was approved as Managing Director. Overall, the disclosure serves as formal secretarial confirmation of decisions previously transacted at the meeting.
- Adoption of FY2025-26 audited financial statements passed with 100.00% votes in favour (86,50,280 votes)
- Re-designation of Ms. Priti Lohiya as Whole-Time Director approved for 5 years from September 16, 2026, to September 15, 2031
- Independent Directors Yogendra Chhangani and Sanjay Kumar re-appointed from October 01, 2026, to September 30, 2028
- A total of 30 members were present in person at the 9th AGM held in Jodhpur
Priti International Limited held its 9th Annual General Meeting on September 16, 2026, where shareholders approved all 7 resolutions with requisite majorities. Key approvals include the adoption of FY26 financial statements and key management re-designations: Ritesh Lohiya as Managing Director, Priti Lohiya transitioning from MD to Whole Time Director, and Goverdhan Das Lohiya taking over as Executive Director and CFO. Total voter turnout stood at 64.78% of outstanding shares, heavily driven by promoter voting (86,25,085 votes polled).
- All 7 resolutions approved with requisite majority at the 9th AGM held on September 16, 2026
- Overall voting participation reached 64.78% (86,50,280 total votes polled out of 1,33,53,328 shares)
- Ritesh Lohiya re-designated from Director & CFO to Managing Director
- Goverdhan Das Lohiya appointed as Executive Director & Chief Financial Officer
- Ms. Priti Lohiya re-designated from Managing Director to Whole Time Director
Shareholders of Priti International approved significant top management re-designations at its AGM on September 16, 2026. Mr. Ritesh Lohiya transitioned from Director & CFO to Managing Director for a 5-year term ending September 15, 2031. Concurrently, Ms. Priti Lohiya moved from Managing Director to Whole Time Director, and Mr. Goverdhan Das Lohiya took over as Executive Director & CFO. Additionally, two Independent Directors were re-appointed for 2-year terms effective October 01, 2026.
- Ritesh Lohiya re-designated from Director & CFO to Managing Director for a 5-year term through September 15, 2031
- Priti Lohiya re-designated from Managing Director to Whole Time Director for 5 consecutive years
- Goverdhan Das Lohiya appointed as Executive Director and Chief Financial Officer (CFO) for 5 years
- Two Independent Directors (Yogendra Chhangani and Sanjay Kumar) re-appointed for a 2-year term ending September 30, 2028
Priti International conducted its 9th Annual General Meeting on September 16, 2026. The shareholders considered key managerial re-designations, including moving Mr. Ritesh Lohiya from Director & CFO to Managing Director, and Ms. Priti Lohiya from MD to Whole Time Director. Additionally, Mr. Goverdhan Das Lohiya was proposed as Executive Director and CFO. Voting results across these ordinary and special resolutions will be declared separately following the Scrutinizer's report.
- 9th Annual General Meeting held on September 16, 2026, concluding at 13:55 PM IST
- Approval sought to re-designate Mr. Ritesh Lohiya from Director & CFO to Managing Director
- Approval sought to re-designate Ms. Priti Lohiya from Managing Director to Whole Time Director
- Proposed appointment of Mr. Goverdhan Das Lohiya from WTD to Executive Director & CFO
- Remote e-voting was active from September 13, 2026 (9:00 AM IST) to September 15, 2026 (5:00 PM IST)
Priti International Limited has issued a corrigendum to the notice of its 9th Annual General Meeting (AGM) scheduled for September 16, 2026. The corrigendum adds Special Resolutions (Items 6 and 7) for the re-appointment of Independent Directors Mr. Yogendra Chhangani and Mr. Sanjay Kumar. Both directors are proposed for a second term running from October 01, 2026 to September 30, 2028. The corrigendum rectifies an omission in the original AGM notice dispatched on August 23, 2026.
- Adds agenda items 6 and 7 for re-appointment of two Independent Directors via Special Resolution
- Proposed tenure for Mr. Yogendra Chhangani and Mr. Sanjay Kumar is 2 years, from October 01, 2026 to September 30, 2028
- Both directors attended Eight (8) board meetings during FY 2025-26
- 9th AGM is scheduled to be held on September 16, 2026
Priti International Limited has issued a corrigendum to the notice of its 9th Annual General Meeting (AGM) scheduled for September 16, 2026. The corrigendum adds agenda items for the re-appointment of two Independent Directors, Mr. Yogendra Chhangani and Mr. Sanjay Kumar, for a second term from October 01, 2026, to September 30, 2028. These agenda items were inadvertently omitted from the original AGM notice dated August 23, 2026. The re-appointments will be placed before shareholders for approval via special resolutions.
- Issued corrigendum to 9th AGM notice to include re-appointment of 2 Independent Directors
- Mr. Yogendra Chhangani proposed for re-appointment from October 01, 2026 to September 30, 2028
- Mr. Sanjay Kumar proposed for re-appointment from October 01, 2026 to September 30, 2028
- 9th Annual General Meeting is scheduled to be held on September 16, 2026
Priti International Limited has issued a corrigendum to the notice for its 9th Annual General Meeting (AGM) scheduled for September 16, 2026. The corrigendum adds agenda items 6 and 7, which propose special resolutions for the re-appointment of Independent Directors Mr. Yogendra Chhangani and Mr. Sanjay Kumar. Both directors are proposed to serve a second term of two years, effective October 01, 2026 to September 30, 2028. The company confirmed that both individuals hold zero equity shares in the company.
- AGM scheduled for September 16, 2026, with addition of agenda items 6 and 7 via corrigendum
- Re-appointment of Independent Directors Yogendra Chhangani and Sanjay Kumar for a 2-year term (October 01, 2026 to September 30, 2028)
- Both directors attended 8 Board meetings during FY 2025-26 and hold 0 shares in the company
- Record date for e-voting was Friday, August 21, 2026
Priti International Limited has released the notice for its 9th Annual General Meeting scheduled for September 16, 2026, alongside its FY26 Annual Report. The remote e-voting period runs from September 13 to September 15, 2026, with the cut-off date fixed as September 09, 2026. Financial disclosures in the report reflect FY26 operational headwinds, with Return on Equity declining to 1.25% (vs 6.84% in FY25) and ROCE falling to -1.03% (vs 5.29% in FY25) driven by export market contractions.
- 9th Annual General Meeting scheduled for Wednesday, September 16, 2026 at 12:30 PM.
- Remote e-voting window open from September 13, 2026 (9:00 AM IST) to September 15, 2026 (5:00 PM IST).
- Cut-off date for shareholder voting eligibility set for September 09, 2026.
- FY26 Return on Equity declined to 1.25% from 6.84% in FY25 due to export tariff levies and lower turnover.
- FY26 Return on Capital Employed contracted to -1.03% compared to 5.29% in FY25.
Priti International has approved convening its 9th Annual General Meeting (AGM) on September 16, 2026. Key shareholder resolutions include leadership role re-designations: Ms. Priti Lohiya will move from Managing Director (MD) to Whole Time Director (WTD), Mr. Ritesh Lohiya will step up from Director & CFO to Managing Director, and Mr. Goverdhan Das Lohiya will transition from WTD to Executive Director & CFO. Remote e-voting is scheduled from September 13 to September 15, 2026.
- 9th Annual General Meeting scheduled for Wednesday, September 16, 2026, at 12:30 P.M.
- Remote e-voting window open from September 13, 2026 (09:00 AM) to September 15, 2026 (05:00 PM)
- Mr. Ritesh Lohiya proposed to be re-designated from Director & CFO to Managing Director
- Ms. Priti Lohiya proposed to move from MD to Whole Time Director; Mr. Goverdhan Das Lohiya to take over CFO role
Priti International reported a weak set of results for Q1 FY27, with revenue from operations declining 52% YoY to ₹3.43 Cr from ₹7.14 Cr. Net profit followed suit, dropping 54% YoY to ₹0.12 Cr. A significant concern is the Solar segment, which reported zero revenue this quarter compared to ₹2.61 Cr in the preceding March quarter. Despite the top-line contraction, the company remains debt-free with a net worth of ₹72 Cr.
- Revenue from operations fell 52% YoY to ₹3.43 Cr from ₹7.14 Cr in June 2025.
- Net profit declined 54% YoY to ₹0.12 Cr compared to ₹0.26 Cr in the same period last year.
- Solar segment revenue dropped to ₹0.00 from ₹2.61 Cr in the previous quarter (March 2026).
- Total expenses decreased to ₹3.80 Cr from ₹7.55 Cr YoY, primarily due to lower material consumption.
- Earnings Per Share (EPS) halved to ₹0.09 from ₹0.19 YoY.
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Priti International Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The company's Registrar and Share Transfer Agent, Bigshare Services Private Limited, confirmed that all shares are currently held in dematerialized form. No requests for rematerialization were received during the quarter ended June 30, 2026. This is a standard procedural filing confirming adherence to electronic shareholding norms.
- 100% of the company's shares are held in dematerialized form as of June 30, 2026
- 0 requests for rematerialization were received during the April-June 2026 quarter
- Compliance certificate issued by Bigshare Services Private Limited on July 08, 2026
- The filing pertains to the ISIN INE974Z01015
Priti International Limited has responded to a clarification sought by the NSE regarding its financial results for the quarter ended March 31, 2026. The company stated that it inadvertently omitted a standard note explaining that Q4 figures are balancing figures between audited full-year and nine-month results. Management confirmed that this omission was purely clerical and does not change any reported figures, including the Q4 revenue of ₹6.03 Cr and PAT of ₹0.17 Cr.
- Clarification issued for the financial results of the quarter ended March 31, 2026.
- The omission involved the 'balancing figures' note required under SEBI Regulation 33.
- Company confirms zero change to reported financial performance, including the ₹0.17 Cr net profit for Q4.
- The NSE query was raised on June 27, 2026, following the initial filing on May 29, 2026.
Financial Performance
Revenue Growth by Segment
Revenue from operations decreased 14.68% YoY to INR 77.06 Cr in FY2025 from INR 90.32 Cr in FY2024. For H1 FY2026, revenue was INR 14.88 Cr, a 62.3% decline compared to INR 39.54 Cr in H1 FY2025. Segments include Handicrafts, Textiles, and Solar products.
Geographic Revenue Split
Not disclosed in specific percentages; however, the company operates three manufacturing units in Jodhpur and a branch in Bangalore, while targeting global export footprints and domestic retail scaling.
Profitability Margins
Operating Profit Margin declined from 14.25% to 8.39% in FY2025. Net Profit Margin fell from 10.59% to 6.17% due to higher input costs and operational disruptions.
EBITDA Margin
EBITDA margin was 9.09% in FY2025 (INR 7.01 Cr), representing a 47.56% decline from INR 13.37 Cr in FY2024.
Capital Expenditure
Property, Plant, and Equipment stood at INR 6.51 Cr as of September 30, 2025, compared to INR 6.78 Cr as of March 31, 2025.
Credit Rating & Borrowing
Debt-Equity ratio is 0.00 as of March 31, 2025. Interest coverage ratio remains high at 99.66x, though it declined from 370.11x YoY.
Operational Drivers
Raw Materials
Wood and textiles are the primary raw materials for furniture and handicraft production. Raw material consumption and stock-in-trade purchases totaled INR 60.82 Cr in FY2025.
Import Sources
Not specifically disclosed, though manufacturing is concentrated in Jodhpur, Rajasthan.
Capacity Expansion
Currently operates 3 manufacturing units in Jodhpur (Basni, Boranada, and Mogra Kallan). Expansion plans focus on the solar energy sector to reduce captive energy costs and tap into commercial solar projects.
Raw Material Costs
Cost of materials consumed was INR 12.02 Cr and purchase of stock-in-trade was INR 48.80 Cr in FY2025, collectively representing approximately 78.9% of total revenue.
Manufacturing Efficiency
Not specifically disclosed; however, Return on Net Worth moderated significantly from 16.94% to 6.84% in FY2025.
Strategic Growth
Expected Growth Rate
20%
Growth Strategy
Growth is targeted through the expansion of global export footprints, scaling the 'PRITI HOME' domestic retail brand, and diversifying into the solar energy sector for both captive use and commercial projects.
Products & Services
Wooden furniture (home and office), handicraft items, textile items, and solar energy products/trading.
Brand Portfolio
PRITI HOME (online wooden furniture store).
New Products/Services
Recent venture into the solar energy sector and expansion of the PRITI HOME online furniture range.
Market Expansion
Expanding global export footprints and scaling domestic retail presence through online and physical channels.
External Factors
Industry Trends
The Indian solar sector is growing at >20% annually with over 107 GW capacity; the furniture industry is shifting toward online retail and sustainable materials.
Competitive Landscape
Competes in the fragmented handicraft and furniture market, as well as the emerging solar trading sector.
Competitive Moat
Moat is built on quality craftsmanship, established brand identity (PRITI HOME), and a zero-debt balance sheet providing financial flexibility.
Macro Economic Sensitivity
Highly sensitive to global market demand and international trade conditions, which caused a 14.68% revenue decline in FY2025.
Consumer Behavior
Shift toward online furniture shopping and demand for sustainable/customized home decor.
Geopolitical Risks
Global reasons and international market hindrances were cited as key factors for production and sales disruptions.
Regulatory & Governance
Industry Regulations
Beneficiary of government initiatives like Pradhan Mantri Vishwakarma Kaushal Samman (PM-VIKAS) for skill development in traditional crafts.
Environmental Compliance
Venturing into solar energy to drive sustainable initiatives across the value chain.
Taxation Policy Impact
Effective tax rate was approximately 25.6% in FY2025, with a tax expense of INR 1.64 Cr on a PBT of INR 6.40 Cr.
Legal Contingencies
No pending court cases or legal disputes were disclosed in the provided documents.
Risk Analysis
Key Uncertainties
Volatility in input costs and global demand fluctuations; PAT declined 50.31% YoY in FY2025 due to these factors.
Geographic Concentration Risk
100% of manufacturing units are located in Jodhpur, Rajasthan, creating regional concentration risk.
Third Party Dependencies
Not disclosed, but the company relies on strong supplier relationships for raw materials.
Technology Obsolescence Risk
Mitigated by upgrading internal controls and implementing ERP-based systems for operational monitoring.
Credit & Counterparty Risk
Debtors turnover improved to 8.82x from 6.85x, indicating healthy receivables quality despite lower revenue.
