Worth Peripherals Limited Reports Q1 Results, Details Loan-to-Equity Conversion in Subsidiary Acquisition
Worth Peripherals Limited has announced significant corporate milestones, including the commencement of commercial production by its wholly-owned subsidiary, Worth Wellness Private Limited (WWPL). The company also finalized a transaction where it acquired equity shares in WWPL through the conversion of an outstanding unsecured loan.The Board of Directors reviewed and approved the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, along with the Limited Review Report. Separately, the company announced the execution of a corporate loan agreement with WWPL.
Operational Milestones
Worth Wellness Private Limited, a wholly-owned subsidiary of Worth Peripherals Limited, commenced commercial production on August 1, 2026. The operation began at a state-of-the-art corrugated packaging manufacturing facility located in Indore, Madhya Pradesh. This new facility is described as one of the largest in India and was developed with an emphasis on sustainability and advanced automation, including plans for a solar power plant installation.The company further reported that its Board approved the acquisition of equity shares of Worth Wellness Private Limited from the subsidiary's perspective. The transaction involved converting an outstanding unsecured loan of Rs 30,00,00,000 into 60,00,000 Equity Shares of face value ₹10/- each at an issue price of ₹50/- per equity share, which includes a premium of ₹40/- per equity share.
Corporate Governance Updates
The Board meeting held on August 4, 2026, also approved the appointment of M/s RS Mantri And Associates, Practicing Company Secretaries, as the Secretarial Auditor for five consecutive years. This assignment is subject to Shareholders' approval and covers the financial years 2026-27 to 2030-31.Furthermore, the company announced the execution of an inter-corporate loan agreement with Worth Wellness Private Limited, providing a funding amount of Rs. 20 crores (Rupees Twenty Crores only). This loan is unsecured and has a three-year tenure, carrying interest at the prevailing 3-year RBI yield rates.
Q1 FY27 Financial Performance
The unaudited standalone financial results for the quarter ended June 30, 2026, reveal strong performance across key metrics:| Metric | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 5,581.10 (in lakhs) | 5,210.78 (in lakhs) | 5,212.63 (in lakhs) | 20,953.85 (in lakhs) |
| Total Income | 5,839.34 (in lakhs) | 5,465.82 (in lakhs) | 5,443.09 (in lakhs) | 21,919.72 (in lakhs) |
| Total Expenses | 5,127.98 (in lakhs) | 4,838.04 (in lakhs) | 4,974.18 (in lakhs) | 19,672.28 (in lakhs) |
| Profit Before Tax | 711.36 (in lakhs) | 627.78 (in lakhs) | 468.91 (in lakhs) | 2,247.44 (in lakhs) |
| Basic Earnings Per Share | 3.51 | 3.14 | 2.35 | 11.20 |
The consolidated unaudited financial results for the quarter ended June 30, 2026, are detailed below:
| Metric | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 8,200.45 (in lakhs) | 7,612.75 (in lakhs) | 7,622.74 (in lakhs) | 30,490.59 (in lakhs) |
| Total Income | 8,230.96 (in lakhs) | 7,638.10 (in lakhs) | 7,735.66 (in lakhs) | 30,784.54 (in lakhs) |
| Total Expenses | 7,432.24 (in lakhs) | 6,912.59 (in lakhs) | 7,107.13 (in lakhs) | 28,017.16 (in lakhs) |
| Profit Before Tax | 798.72 (in lakhs) | 705.07 (in lakhs) | 628.53 (in lakhs) | 2,746.94 (in lakhs) |
| Total Comprehensive Income | 526.08 (in lakhs) | 464.22 (in lakhs) | 431.53 (in lakhs) | 1,854.86 (in lakhs) |
The company confirmed that Worth Wellness Private Limited is a wholly-owned subsidiary and the transaction was carried out at an arm's length basis.
WORTHPERI Stock Price Movement
Worth Peripherals Limited sheds 0.64% in live trading as of 2:53 PM, currently standing at ₹145. This stock traded on a daily low of ₹145 amid the activity of 32,221 shares during this session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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