Annual Report 2025-26

Ref: PPL/JPR/SECT/2026-27 Date: 27th August, 2026 BSE Ltd., National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, 25th Floor, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai - 400001 Mumbai - 400051 Scrip Code: 524570 Company Symbol: PODDARMENT Sub: Annual Report for the Financial Year 2025-26 Dear Sir(s)/Madam, Pursuant to Regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Annual Report for the financial year 2025-26. The Annual Report for the financial year 2025-26 is also be hosted on the website of the Company and the same can be accessed at www.poddarpigmentsltd.com. Kindly take the same in your records. Thanking you, Yours faithfully, For Poddar Pigments Limited Rajeev Kumar Company Secretary and Compliance Officer ACS No. 33990 Encl: As above 2025-26 REVENUE RECEIPTS & EXPORT 50000 45000 43007 43082 43514 39238 40000 34048 35000 30000 25000 20000 15000 10000 7336 8683 6863 6438 5000 2021-22 2022-23 2023-24 2024-25 2025-26 shkaL 8093 REVENUE EXPORT SALES Year NET WORTH 40000 35000 29529 30585 30000 27670 24800 25000 22711 20000 15000 10000 5000 2021-22 2022-23 2023-24 2024-25 2025-26 shkaL NET WORTH Year BOOK VALUE PER SHARE 300 278 288 250 234 2021-22 2022-23 2023-24 2024-25 2025-26 seepuR Book Value Per Share Year Contents 02-03 Corporate Overview 02 Corporate Information 03 Board of Directors 04-42 Statutory Reports 04 Board's Report 12 Annexures to the Board's Report 19 Management Discussion and Analysis Report 25 Corporate Governance Report 43-80 Investors Information Financial Statements CIN : L24117RJ1991PLC006307 43 Independent Auditor's Report BSE Code : 524570 49 Balance Sheet NSE Symbol : PODDARMENT 50 Statement of Profit and Loss Dividend Declared : Rs. 4 per Equity Share 51 Statement of Cash Flow Book Closure : 15th September, 2026 to 52 Statement of Changes in Equity 21st September, 2026 53 Notes to the Financial Statements AGM Date : 21st September, 2026 AGM Mode : Video Conferencing(VC)/ An electronic version of this Other Audio Visual Means report is available online at: (OAVM) www.poddarpigmentsltd.com Corporate Information Board of Directors Registered Office & Plant – Sitapura E-10-11 & F-14 to 16, Shri Shiv Shankar Poddar RIICO Industrial Area, Managing Director Sitapura, Jaipur – 302 022 (Rajasthan) Shri Gaurav Goenka CIN : L24117RJ1991PLC006307 Joint Managing Director & CEO Tel : 0141-2770202-203 Smt. Mahima P. Agarwal Email : com.sec@poddarpigmentsltd.com Non-Executive Director Website : www.poddarpigmentsltd.com Shri M. Mahadevan Independent Director Plant – Chaksu (Retired w.e.f. 31st March, 2026) Greater Sitapura Industrial Park, Shri Gajendra Kumar Bhandari National Highway 12 (Jaipur-Tonk Road), Independent Director Village – Brijpura (Chaksu), Jaipur – 303901 (Rajasthan) Shri Ramaseshan Mohan Independent Director Corporate Office Shri Visvanathan Muthukumar Rosy Tower, 3rd Floor, Independent Director (w.e.f. 27th February, 2026) 8, M.G. Road, Nungambakkam, Chennai - 600034 (Tamil Nadu) Auditors M/s. K.N. Gutgutia & Co., Registrar and Share Transfer Agent Chartered Accountants, MUFG Intime India Private Limited (formerly New Delhi - 110008 known as Link Intime India Pvt. Ltd.) C-101, Embassy 247, LBS Marg, Vikhroli Bankers (West), Mumbai - 400 083 (Maharashtra) State Bank of India Tel : 8108116767 Punjab National Bank Fax : 022 - 4918 6060 ICICI Bank Email : investor.helpdesk@in.mpms.mufg.com HDFC Bank Website : www.in.mpms.mufg.com Board of Directors Shri Shiv Shankar Poddar Shri Gaurav Goenka Smt. Mahima P. Agarwal Managing Director Joint Managing Director & CEO Non-Executive Director Shri G. K. Bhandari Shri Ramaseshan Mohan Shri Visvanathan Muthukumar Independent Director Independent Director Independent Director Chaksu Plant Board's Report 569.86 lakhs Loss on restatement of Investments in equity) from Rs. 3,057 Lakhs of the previous year, decreased by 34.45%. Dear Members, • Profit after Tax has decreased to Rs. 1,476 Lakhs from Rs. 2,282 Your directors have the pleasure of presenting the 35th Annual Report of Lakhs of the previous year, decreased by 35.32%. Poddar Pigments Limited ("the Company") together with the Company's Audited Financial Statements for the financial year ended • Net Worth of the Company has increased by 3.58 % to Rs. 30,585 31st March 2026. Lakhs, excluding OCI FINANCIAL HIGHLIGHTS • Book Value Per Share has increased to Rs. 288 from Rs. 278 in the The financial performance of your Company for the financial year previous year. ended 31st March 2026 is summarized below: (Rs. in Lakhs) Expansion Plan Particulars 2025-2026 2024-2025 During FY 2025–26, the Company has outlayed Rs. 849.82 lakhs towards capacity expansion in its Chaksu Plant. The production Revenue Receipts (Gross) 42,829 42,385 capacity has been increased by around 6000 MT PA. This expansion is aligned with the Company's long-term growth strategy and is expected Other Income 685 697 to improve operational performance, support rising customer demand, Total Revenue Receipts including other and reinforce its competitive position in the market. 43,514 43,082 Income RESEARCH AND DEVELOPMENT Less: GST 5,343 5,535 Your Company has in-house full-fledged Research & Development Revenue Receipts including other Income Department equipped with a wide range of lab machines, equipment's, 38,171 37,547 (Net) instruments and testing facilities that enables to deliver a broad spectrum of new & customized solution for tailor made product and Total Expenses excluding Depreciation 35,114 33,660 formulations like masterbatches for BOPP Films, PP Yarns, Fibres etc. and Finance Cost with excellent price benefit ratio. The Company also has technical Profit before Finance Cost, Depreciation experts with latest technical know-how & innovative abilities focusing 3,057 3,887 & Tax on upgradation of the existing masterbatches and development of new Less: Finance Cost 115 57 products. The manufacturing units are highly automatic and equipped with sophisticated laboratory facilities to conduct stringent tests. Less: Depreciation 938 795 The In-house Research and Development facility of the Company has Profit before tax 2,004 3,035 been registered with the Department of Scientific and Industrial Research. Less: Current Tax 341 589 During the year, the Company has spent of Rs. 2,155 Lakhs on Deferred Tax 259 150 Research & Product Development initiatives (constituting Rs. 1,171 Adjustment (72) 14 Lakhs as revenue expenditure and Rs. 984 Lakhs as capital expenditure). Profit after tax 1,476 2,282 SHARE CAPITAL REVIEW OF OPERATIONS AND STATE OF COMPANY As on 31st March 2026, the authorized share capital of the Company AFFAIRS stood at Rs. 1,250 Lakhs divided into 1,25,00,000 equity shares of Rs. • During the FY 2025-26, the global markets faced significant 10/- each, and the total paid-up equity share capital of your Company headwinds, driven by macroeconomic uncertainties, tariff was Rs. 1,061 Lakhs divided into 1,06,10,000 equity shares of Rs. 10/- measures imposed by the United States, and heightened each fully paid-up. During the year under review, there was no change geopolitical tensions in the Middle East and surrounding regions. in the share capital of the Company. Despite these external challenges, the Company successfully Shareholding Pattern (as on 31st March 2026) maintained sales at a strong level, demonstrating resilience in its The category-wise shareholding is as follows: core operations and market positioning. Percentage No of No of Profitability, however, was impacted by fixed costs and increased Category of Shareholders Shares operating expenses. These factors collectively exerted pressure on shareholding margins, leading to a noticeable decline in overall earnings Promoters & Promoter compared to the previous year. 5 66,23,658 62.43 Group • The gross revenue was [Showing first 8,000 characters — download PDF for full document]