Cello World544012Quarterly results
Board approves Q2 results; auditor review finds no material misstatement
Board on November 05, 2026 approved unaudited standalone and consolidated results for the quarter ended September 30, 2026, along with the Statement of Deviation/Variation in utilisation of QIP funds.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 63,319.82 | 58,744.11 | +7.8% | 52,671.57 | +20.2% |
| Total income | 64,643.07 | 60,104.09 | +7.6% | 54,445.48 | +18.7% |
| Profit before tax | 11,041.05 | 12,127.63 | −9% | 9,469.42 | +16.6% |
| Profit after tax | 8,191.19 | 9,132.75 | −10.3% | 7,340.22 | +11.6% |
| Total comprehensive income | 8,274.11 | 9,231.77 | −10.4% | 7,315.41 | +13.1% |
| Basic EPS | 3.63 | 4.05 | −10.4% | 3.25 | +11.7% |
- Profit after tax YoY change
- −10.3%
- Period
- Quarter ended 30-Sep-26 (Unaudited)
Notes to the results
- Composite Scheme of Arrangement among Wim Plast Limited, Cello Consumer Products Pvt Ltd and the Company sanctioned by NCLT Ahmedabad on May 14, 2026; effective from Appointed Date April 1, 2025 (per standalone note 3).
- Pursuant to the Scheme, 46,53,239 equity shares of Rs. 5 each allotted to WPL shareholders w.e.f. June 09, 2026; comparatives and EPS restated from April 1, 2025.
- Exceptional item: Impact of Labour Codes of 743.82 lakhs in year ended 31-Mar-26 (consolidated).
What the board approved
- Unaudited standalone and consolidated financial results for the quarter ended September 30, 2026.
- The Statement of Deviation or Variation in utilisation of funds raised, given as Annexure B.
- The results carry a Limited Review Report from Deloitte Haskins & Sells LLP, the statutory auditors.
Auditor's review conclusion
- The review was done under SRE 2410; a review is narrower than an audit and no audit opinion is expressed.
- Nothing came to the auditors' attention that causes them to believe the statement is not prepared under Ind AS 34 and the listing regulations, or that it contains any material misstatement.
- This is an unmodified conclusion, without any qualification.
Standalone numbers for the quarter
- 'Revenue from operations' was Rs. 28,831.02 lakh.
- 'Profit for the period' was Rs. 4,690.03 lakh.
Both are standalone figures, printed in lakh, for the quarter ended September 30, 2026.
Where the QIP money stands
- The company raised Rs. 738 crores through a Qualified Institutional Placement on July 05, 2024; CARE Ratings Limited is the monitoring agency.
- The statement says there is no deviation or variation in the use of the funds raised.
- For investment in subsidiary Cello Consumerware Private Limited to set up a new manufacturing facility, the original allocation was Rs. 105.25 crore and Rs. 103.74 crore has been utilised.
- The working capital allocation stands at Rs. 79.80 crore, after QIP issue expenses were revised to Rs. 24.20 crore; that adjustment was approved by the QIP Committee of the Board on July 9, 2024.
Scheme of arrangement
- The Composite Scheme of Arrangement among Wim Plast Limited, Cello Consumer Products Private Limited and the company was sanctioned by the NCLT, Ahmedabad Bench, and became effective from April 1, 2025.
- The company allotted 46,53,239 fully paid-up equity shares to the shareholders of Wim Plast Limited, with effect from June 09, 2026.
- Comparatives have been restated to give effect to the scheme from April 1, 2025, including the consequential impact on earnings per share.
- The company reports a single segment, 'Consumer Products'.
How a retail reader can use this
- The update is a routine quarterly outcome: results, a clean review conclusion, and a fund-utilisation statement showing no deviation from the stated objects.
- The fund-utilisation table lets you check progress object by object against the amounts originally allocated.
- The share allotment to Wim Plast shareholders explains the change in the company's equity share capital, which matters when reading per-share figures.
₹738 CrAmount raised through Qualified Institutional Placement
Total income, latest quarter64,643.07 (₹ in Lakhs)
Total comprehensive income, year-ago quarter9,231.77 (₹ in Lakhs)
Also from Cello World
Monitoring agency flags delay in using QIP proceeds for subsidiary's new facility; Rs.1.51 crore unutilised
5 Nov 2026
Cello World to hold Q2FY27 earnings conference call on November 6, 2026, hosted by ICICI Securities
3 Nov 2026
Board meeting on November 05, 2026 to consider and approve Q2 results
2 Nov 2026
More numbers
- Amount raised through Qualified Institutional Placement738
- Original allocation - investment in Cello Consumerware facility105.25
- Funds utilised against Cello Consumerware facility object103.74
- Modified allocation - augmenting working capital79.80
- QIP issue expenses (revised)24.20
- Standalone Revenue from operations, quarter ended Sep 30, 202628,831.02
- Standalone Profit for the period, quarter ended Sep 30, 20264,690.03
- Equity shares allotted to Wim Plast shareholders46,53,239
- Total income, latest quarter64,643.07 (₹ in Lakhs)
- Total income, year-ago quarter60,104.09 (₹ in Lakhs)
- Total income, previous quarter54,445.48 (₹ in Lakhs)
- Total comprehensive income, latest quarter8,274.11 (₹ in Lakhs)
- Total comprehensive income, year-ago quarter9,231.77 (₹ in Lakhs)
- Total comprehensive income, previous quarter7,315.41 (₹ in Lakhs)
- Profit after tax, latest quarter8,191.19 (₹ in Lakhs)
- Profit after tax, year-ago quarter9,132.75 (₹ in Lakhs)
- Profit after tax, previous quarter7,340.22 (₹ in Lakhs)
- Revenue from operations, latest quarter63,319.82 (₹ in Lakhs)
- Revenue from operations, year-ago quarter58,744.11 (₹ in Lakhs)
- Revenue from operations, previous quarter52,671.57 (₹ in Lakhs)
- Profit before tax, latest quarter11,041.05 (₹ in Lakhs)
- Profit before tax, year-ago quarter12,127.63 (₹ in Lakhs)
- Profit before tax, previous quarter9,469.42 (₹ in Lakhs)
Source: BSE · 5 Nov 2026
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