Prism Johnson Ltd

Prism Johnson Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results, which were reviewed by the auditors and recommended by the Audit Committee. The detailed results and limited review reports are available on the company's website. The board meeting to approve these results commenced at 10:30 a.m. and concluded at 12:00 p.m. on August 7, 2026.

Prism Johnson swung to a consolidated net profit of Rs104.23 Cr (Rs112.70 Cr before minority interest, EPS Rs2.07) in Q1 FY27, against losses of Rs5.56 Cr in Q1 FY26 and Rs15.95 Cr in Q4 FY26 — a clear year-on-year turnaround, which is the primary story here since QoQ comparisons are distorted by Q4's seasonally stronger tile/HRJ volumes. Revenue from continuing operations was Rs1,835.23 Cr, down 4.5% YoY and 13.0% QoQ; the topline pullback makes the profit swing entirely a margin and one-off story rather than a growth one. Standalone told a similar story: PAT Rs93.97 Cr (EPS Rs1.87) against a Rs47.44 Cr loss in Q4 FY26, with no material divergence from the consolidated print. The swing was driven by two things. First, a Rs32.97 Cr pre-tax exceptional gain (Rs25.8 Cr post-tax, on this quarter's ~22% effective tax rate) from the sale of a property at Nacharam, Hyderabad for Rs34 Cr, which sits in the RMC segment. Second, and more durable, underlying operating margin recovered sharply: consolidated operating margin (continuing operations) was 12.17% versus 9.78% a year ago and 8.36% last quarter, and net profit margin turned to +6.1% from -0.3% (YoY) and -0.8% (QoQ). Adjusting both periods for one-offs (this quarter's Rs32.97 Cr gain and the prior-year's minor Rs0.50 Cr fire-related exceptional loss), underlying consolidated PAT still moved from roughly a Rs5 Cr loss to roughly Rs87 Cr of profit — confirming the turnaround is substantially operational, not just gain-driven, though the reported number is meaningfully flattered by the property sale. By segment, Cement contributed the bulk of profit (PBT after exceptionals Rs67.03 Cr on revenue of Rs902.53 Cr), RMC Rs48.25 Cr (including the one-off gain), and HRJ (tiles/bath) Rs22.82 Cr. We found no analyst previews or consensus estimates specifically for this quarter, so the print cannot be benchmarked against Street expectations (vsStreet: unknown); similarly, there is no prior management guidance or concall commentary on record to grade this result against — management has not issued formal outlook. No separate management press release was available beyond the exchange filing and disclosed segment/ratio notes, so this read relies on the filing's own disclosures. Separately, the general insurance subsidiary Raheja QBE was moved to discontinued operations this quarter ahead of its completed sale (post quarter-end, July 1, 2026) for Rs325.87 Cr, contributing Rs18.69 Cr PBT / Rs9.53 Cr PAT (post-NCI) this quarter that will not recur from Q2 FY27. The company also raised its stake in tile subsidiary Samini Ceramics to 98.5% for Rs15.3 Cr, a post quarter-end event with no P&L impact yet. Going into Q2 FY27, the quarter sets up two open questions: whether the 12%-plus operating margin holds without a one-off gain cushioning it, and how the numbers look in the first full quarter without Raheja QBE's discontinued-ops contribution now that the sale has closed.

Prism Johnson Ltd has purchased 52,78,500 equity shares of its subsidiary, Samini Ceramics Limited, from Sentini Buildtech LLP for a total consideration of ₹15,30,76,500. This transaction, completed on July 31, 2026, increased Prism Johnson's shareholding in Samini from 90% to 98.5% on a fully diluted basis. Samini Ceramics, a manufacturer of ceramic tiles, recorded turnovers of ₹61.18 Crores in FY2025-26, ₹71.13 Crores in FY 2024-25, and ₹78.40 Crores in FY 2023-24. The purchase was a cash consideration and not a related party transaction.

Prism Johnson Ltd has announced that its Board of Directors will convene a meeting on Friday, August 7, 2026. The primary agenda for this meeting is to consider and approve the Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026. This announcement is made in compliance with Regulation 29 and Regulation 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Prism Johnson Ltd has been informed by Kotak Mahindra Bank that the Maharashtra State Pollution Control Board (MPCB) has directed the forfeiture of a ₹10 Lakh bank guarantee. The guarantee was provided for alleged non-compliance of consent conditions at the Runwal Thane captive RMC Plant. The company states it has not received any prior communication from MPCB regarding these alleged non-compliances. The immediate financial impact is limited to the ₹10 Lakh guarantee amount, with no material impact on business operations.

Prism Johnson Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, in compliance with SEBI regulations. The report details the company's performance across environmental, social, and governance parameters on a standalone basis. Key disclosures include corporate identity, operational details across 357 locations, employee statistics, and product contributions to turnover. The company also reported that its BRSR Core has undergone limited assurance by BDO India Service Private Limited.

Prism Johnson Ltd has issued a notice for its 34th Annual General Meeting (AGM) scheduled for Friday, August 7, 2026, at 4:30 p.m. The meeting will be conducted via Video Conference (VC)/Other Audio Visual Means (OAVM) in compliance with MCA and SEBI circulars. The company has also enclosed its Annual Report for the financial year 2025-26, along with AGM notice and e-voting instructions, which are being sent electronically to members with registered email addresses. The Annual Report is available on the company's website and its Registrar & Transfer Agent's website. The report details the company's performance, strategic initiatives under the theme 'Concrete Steps to the Future', and financial highlights.

Prism Johnson Ltd has announced its 34th Annual General Meeting (AGM) scheduled for August 7, 2026, to be conducted via Video Conference (VC)/Other Audio Visual Means (OAVM). The company has also released its Annual Report for the financial year 2025-26, which includes the AGM notice, e-voting instructions, and details on corporate governance, management discussion, and financial statements. The report is available on the company's website and its Registrar & Transfer Agent's portal. The AGM will cover discussions on the company's performance, strategic initiatives under the theme 'Concrete Steps to the Future', and its various business segments including Cement, Tiles & Bathware, and Ready-Mix Concrete.

Prism Johnson Ltd has announced its 34th Annual General Meeting (AGM) will be held on Friday, August 7, 2026, at 4:30 p.m. IST. The meeting will be conducted via Video Conference (VC)/Other Audio-Visual Means (OAVM). The Annual Report, including financial statements for FY 2025-26, Board's Report, and Auditors' Reports, will be sent electronically to members. A cut-off date of Friday, July 31, 2026, has been fixed for determining eligibility to vote electronically and attend the AGM. The Annual Report will also be available on the company's website and the Registrar & Transfer Agent's website.

Prism Johnson Ltd has announced the completion of the sale of its shareholding in Raheja QBE General Insurance Company Limited, a material unlisted subsidiary, to QBE Holdings (AAP) Pty Limited. The transaction, initially disclosed on March 2, 2026, was finalized on July 1, 2026, after fulfilling all conditions precedent, including regulatory and shareholder approvals. Consequently, Raheja QBE General Insurance Company Limited is no longer a subsidiary of Prism Johnson Ltd. The company's joint venture with Australia's QBE Group in the general insurance business in India, along with the shareholders' agreement, has also been terminated.