Perfectpac Limited Q1 FY27 Profit Falls 34% as Revenue Declines

Perfectpac Limited reported a 33.77% quarter-on-quarter fall in net profit to ₹0.51 crore for the June 2026 quarter, while revenue declined 3.84% to ₹28.56 crore from ₹29.70 crore in the preceding quarter. The figures matter because the packaging manufacturer entered FY27 after broadly flat revenue and profit in FY26.

What did Perfectpac report for the June 2026 quarter?

Perfectpac reported total income of ₹28.56 crore, EBIT of ₹0.75 crore and profit after tax of ₹0.51 crore for the quarter ended June 2026. Revenue was lower than ₹29.70 crore in the March 2026 quarter, while EBIT declined from ₹0.99 crore and profit after tax fell from ₹0.77 crore.

The June-quarter net profit margin stood at 1.78%, compared with 2.60% in the March quarter. Basic earnings per share were ₹0.76, against ₹1.16 in the preceding quarter. The company also reported an operating profit of ₹0.67 crore for June 2026, down 25.56% quarter on quarter from ₹0.90 crore.

Why are investors watching the November 5 board meeting?

Perfectpac's board was scheduled to meet on November 5, 2026, to consider unaudited financial results for the quarter and half year ended September 30, 2026. The company informed BSE of the meeting on October 26 and said its trading window would remain closed until November 7.

The September-quarter release is the next disclosed financial event after the June-quarter decline. It will provide the first reported indication of whether the lower June-quarter revenue and margins continued into the second quarter of FY27. No September-quarter financial figures or management outlook were included in the supplied information.

The scheduled meeting also comes after a mixed recent quarterly record. Revenue was ₹29.39 crore in September 2025, ₹25.06 crore in December 2025, ₹29.70 crore in March 2026 and ₹28.56 crore in June 2026. This sequence shows revenue movement between quarters rather than a sustained upward trend in the reported periods.

How has Perfectpac's annual financial performance changed?

Perfectpac recorded FY26 revenue of ₹113.85 crore, marginally higher than ₹113.66 crore in FY25, an increase of 0.17%. Operating profit declined 0.94% to ₹4.21 crore from ₹4.25 crore, while net profit remained unchanged at ₹3.15 crore.

The annual figures indicate that revenue was largely flat in FY26 and that the small increase in turnover did not translate into higher operating profit. The June 2026 quarter began the following financial year, FY27, with a sequential decline in income, EBIT and profit after tax.

The company has reported variable profitability in recent quarters. Profit after tax was ₹1.21 crore in June 2025, ₹1.20 crore in September 2025, a loss of ₹0.04 crore in December 2025, ₹0.77 crore in March 2026 and ₹0.51 crore in June 2026. The December-quarter loss and subsequent recovery underline the movement in quarterly earnings.

What does Perfectpac's business profile mean for operations and investors?

Perfectpac manufactures packaging products in India, with corrugated packaging forming part of its business description. It is a standalone, promoter-controlled listed company with no subsidiaries, joint ventures or operations outside India, according to the supplied company information.

Its stated customers include LG Electronics, Nestle India, Samsung India Electronics, Whirlpool of India, Panasonic AVC Network India Company, Dixon Utilities & Exports, Hamdard (Wakf) Laboratories and Hindustan National Glass & Industries. The client list places the company across electronics, consumer goods and utility-linked industries, although the supplied information does not provide customer-wise revenue or order values.

Perfectpac also secured a 16,200 square metre industrial plot in YEIDA for ₹22.74 crore. The available information does not specify the date of the transaction, funding method, construction plan, capacity addition or expected commissioning timeline. Investors therefore have a disclosed land acquisition value and size, but not enough detail to quantify its effect on future operations.

Conclusion

Perfectpac entered FY27 with June-quarter revenue of ₹28.56 crore and net profit of ₹0.51 crore, both below the March 2026 quarter. The movement follows an FY26 in which revenue rose only 0.17%, operating profit edged lower and annual net profit remained at ₹3.15 crore.

The next item to watch is the board's consideration of unaudited September-quarter and half-year results on November 5, 2026. Those disclosures can clarify the progression of revenue, EBIT, profit margins and earnings after the June-quarter decline, while further company disclosures would be needed to assess the planned use of the YEIDA industrial plot.