Apt Packaging Ltd — Interim / Quarterly Report 2025

Jan 27, 2026

CIN:- L24100MH1980PLC022746 Ref No. Ref No. APT/2025-26/CS/47 Dt. 27th JAN, 2026

To, THE MANAGER – LISTING COMPLIANCE BSE Limited PHIROZE JEEJEEBHOY TOWERS DALAL STREET, MUMBAI – 400 001 SCRIP CODE: 506979

Sub: Outcome of board meeting held on 27th January, 2026 under regulations 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations).

Dear Sir/Madam,

This is to inform in terms of Regulation 30 and Regulation 33 read with Schedule III of SEBI (Listing Obligations and disclosures Requirements) Regulations 2015 (SEBI LODR Regulations) the board of Directors of the company at their meeting held today i.e 27th January, 2026 has inter alia considered and approved:-

• 1. Un-Audited financial results as required under Regulations 33 of SEBI LODR Regulations for the Quarter ended 31st December, 2025 along with Limited Review report of Statutory Auditors thereon. Enclosed herewith :-
• 1. Un-Audited Financial Results (Standalone) along with the Limited Review Report of the Statutory Auditor –Annexure-A
• 1. Annexure B, C, D and E is also attached.

The board meeting commenced at 11.30 am and concluded at 7.15 pm. The above is for your information and dissemination to the public at large.

For APT PACKAGING LIMITED

CS Jyoti Bajpai Company Secretary Meb. No. A-69029 Enclosures: Annexure A- Limited Review Report and Un-Audited Quarterly Results Annexure B – Statement of Deviation or Variation Annexure C – Disclosure of Outstanding Loan Defaults Annexure D-Format for Related Party Transactions Jyoti Suresh Bajpai Digitally signed by Jyoti Suresh Bajpai Date: 2026.01.27 19:20:41 +05'30'

Annexure E- Statement of Impact of Audit Qualifications

Arnnexure— A - Gautam N Associates Chartered Accountants

30, GNA House, Behind ABC Complex, Manmandir Travels Lane, Adalat Road, Aurangabad - 431 ⁰⁰¹

INDEPENDENT AUDITOR'S REVIEW REPORT ON THE QUARTERLY AND YEAR TO DATE UNAUDITED STANDLONE IND-AS FINANCIAL RESULTS OF THE COMPANY PURSUANT TO REGULATION 33 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATION 2015, AS AMENDED.

Review Report to The Board of Directors, Apt Packaging Limited Chhatrapat Sambhajingar.

• 1. We have reviewed the accompanying standalone statement of unaudited financial results of Apt Packaging Limited (CIN: L24100MH1980PLC022746) (the company) for the quarter ended 31+ December 2025 and year to date results for the period 1st April 2025 to 31st December 2025 ('The Statement') being submitted by the Company pursuant to the requirements of regulation 33 of the Securifies and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation 2015 as amended (Listing Regulations).
• 2.This standalone statement which is the responsibility of the Company's Management and has been approved by the Board of Directors, has been prepared in accordance with Ind-AS 34- 'Inferim Financial Reporting' prescribed under section 133 of the Companies Act., 2013 (the Act) read with relevant rules issued there under and other recognized accounting practices and policies generally accepted in India. Our responsibility is to issue a report on these standalone financial statements based on our review.
• 1. We conducted our review of the standalone Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the standalone financial stalements are free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying anaiytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not exgress an audit opinion. Al l(

Mumbali Office : 404, Neelkanth Business Park, 'A' - Wing, E sm?;f;g;na:( L?Z"g?,";@;','z%';"" Vidyavihar Rly Station (W), Mumbal-86. # : +91 97642 43800 © www.cagna.in

1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying standalone statement of unaudited financial results prepared in accordance with applicable accounting standards s specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules made thereunder and other accounting principles generally accepted in India and other recognized accounting practices and policies has, except as mentioned in para 5 below in the Basis for qualified opinion, not disclosed the information required fo be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

5. Basis for qualified opinion

a. The company has not provided GST liability of Rs. 20.70 Lakhs for the financial year 2019-20. The appeal against this order has been filed before the appellate authority.

b. The company has not provided for doubtful debts of Rs. 11.45 Lakhs. _

c. The company has not provided for Leave encashment liabilities as per newer i labour code effective from 215! November 2025.

For Gautam N Associates Chartered Accountants FRN: 103117W / Goutom Partner

M No: 032742 UDIN : 26032742TQPMZV1733

Place: Chhatrapati Sambhajinagar Date: 27t January 2026 ⁱ

APT PACKAGING LIMITED : Gut No. 76, Village Pangra Paithan Road, Tq. Paithan Aurangabad Maharashtra 431106 UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED ON 31.12.2025 CIN: L24100MH1980PLC022746 Regd Offic

	Sr. No. Particulars		For the Quarter Ended		For 9 Months Ended		(Rs. In lakhs) For the Year Ended
		31.12.2025		30.09.2025 31.12.2024	31.12.2025 31.12.2024		31.03.2025
		Unaudited	Audited	Unaudited	Unaudited Unaudited		Audited
	Income
	a) Income from Operations	497.09	588.54	323.02	1,561.72	916.61	1,359.79
	b) Other Operating Income
	Total Income	497.09	588.54	323.02	1,561.72	916.61	1,359.79
m	Expenses
	a) Purchases of Stock-in-trade	1.34	1.48	0.60	3.04	0.60	1.91
	a) Cost of Material Consumed	212.00	265.40	111.79	695.16	375.55	527.12
	b) Changes in inventory	(1.20)	28.07	9.34	23.50	(45.73)	11.91
	c) Employee benefit expenses	73.70	59.80	51.00	194.04	151.19	206.56
	d) Depreciation and Amortisation expense	30.64	30.96	20.86	91.14	63.06	89.83
	f) Other Expenses	150.24	168.76	125.37	486.51	350.09	493.53
	Total Expenses	466.71	554.47	318.96	1,493.40	894.76	1,330.86
Ш	Profit/(Loss) from operations before other income, finance cost and Exceptional Items (I-II)	30.38	34.07	4.06	68.32	21.85	28.91
IV	Other Income	23.14	20.70	15.32	53.07	54.67	70.47
v	Profit/(Loss) from ordinary activities before finance cost and Exceptional Items (III+IV)	53.52	54.77	19.38	121.40	76.52	99.38
VI	Finance Cost	7.53	9.33	14.28	28.99	47.49	68.89
VII	Profit/(Loss) from ordinary activities after Finance cost (V-VI)	45.99	45.44	5.10	92.41	29.04	30.49
VIII	Exceptional Items Income/(Expenses)		$\sim$	$\overline{\phantom{a}}$		(2.04)	٠
IX	Profit/(Loss) from Ordinary Activities before tax (VII+VIII)		45.44	5.10	92.41	26.99	30.49
X	Tax Expense
	a) Current Tax			$\overline{a}$		۰
	b) Income Tax for Prior Period						(0.09)
	c) Deferred Tax		$\blacksquare$	$\blacksquare$		٠
	Total tax expense						(0.09)
XI $x_{II}$	Net Profit/(Loss) from ordinary activities after tax (IX-X)	45.99	45.44	5.10	92.41	26.99	30.58
XIII	Extraordinary Items (net of Tax)				$\overline{\phantom{a}}$	$\overline{\phantom{0}}$
XIV	Net Profit/(Loss) for the period (XI-XII) Other Comprehensive Income	45.99	45.44	5.10	92.41	26.99	30.58
	Items that will not be reclassified to profit and Loss
	a) Remeasurement of post employment benefit obligations b) Income Tax relating to items that will not be reclasiified to profit and loss.	2.02	(1.51)	(3.45)	0.50	(8.70)	1.72
						-	٠
	Items that will be reclassified to profit and Loss
	a) Remeasurement of Investments
	Total Comprehensive Income	(0.38)	(0.56)	0.35	(0.05)	2.67	3.36
XV	Total Comprehensive Income for the period (XIII+XIV)	1.64	(2.07)	(3.10)	0.45	(6.04)	5.08
х	Paid-up equity share capital (face value of Rs. 10 per share)	47.63	43.37	2.00	92.86	20.95	35.66
XI	Other Equity (excluding revaluation reserve)	1,181.35	1,181.35	526,00	1,181.35	526.00	526.00
XII	Earnings / Loss per share (EPS) (not annualised)						(1,046.20)
	a) Basic
	b) Diluted	0.39	0.38	0.10	0.78	0.51	0.40
		0.39	0.38	0.10	0.78	0.51	0.40

b) Diluted 0.39 038 0.10 078 0.51 0.40 039 038 010 078 051 040 NOTES: 1 approved The above by results the Board have of been Directors prepared a their as per meeting Ind AS, held which on 27/01/2026 have been approved by Audit Commitiss at the meeting held on 23/01/2026 and taken on record and al Chhatrapati Sambhajinagar (Aurangabad) 2 I

in the Ind AS absence 12 on of Income vitual Taxes. cerainty of having taxable Incame In predictable future, as a matter of prudence, no deferred tax asset has been recognized as envisaged

P 3 There The company were 2 investor is engaged complaints in the business received of and manufacturing resalved Co-extruded Tubes which In the context of Ind AS 108 *Operating Segments" consti during the quarter, Ll stitutes one single 5 The figures have been regrouped and rearranged wherever necessary. 6

In accordance with the four Labour Codes nolified by the Government o India effective from 21st November, 2nd postemploymert. the Company has assessed the incrementalimpact of thesa changes on the basis of andis duly provided for except leave encashment in consistent with the guidance provided by the Insttots of ²⁰²⁵governing employee benafit during employment the actuarial valuation and best information available, Chartered Accountants of India.

Date: 27/01/2026 Place: Chhatrapati Sambhajinagar (Aurangabad)

e A W T

[ANDAWAT

(Partner) DN 26082 342 TAPMZULH33

e

DIN: 00251843

APT PACKAGING LTD

Cut No. 76, village Pangra, Paithan Road, Tq. Paithan, Dist Aurangabad, Maharashtra state of India -431106 Website:- WIVIV.aptpackagiog.in Cont;- =91-9960100449

				Annexure -B: - Rs. in LAKHS
				Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential
	Issue, Qualified Institutions Placement Etc. (1)
	Mode of Fund Raising						Preferential Issues
	Description of mode of fund raising
	(Applicable in case of others is selected)
	Date of Raising Funds						08-05-2025
	Amount Raised					1965.00
	Report filed for Quarter ended					31-12-2025
	Monitoring Agency					Not applicable
	Monitoring Agency Name, if applicable
	Is there a Deviation / Variation in use of funds raised					No
	If yes, whether the same is pursuant to change in					-
	terms of a contract or objects, which was approved by the shareholders
	If Yes, Date of shareholder Approval					-
	Explanation for the Deviation / Variation					None
	Comments of the Audit Committee afier review						None
	Comments of the auditors, if any		*			None
	Objects for which funds have been raised and where there has been a deviation, in the following table:
	Sr. Original		Modifi Original	Modified	Funds		Amount of	Remarks if any
	Object	ed					Allocati allocation Utilized Deviation/Vari
		Object on		,ifanyx'			ation for the
		,ifany					quarter
							according to
							applicable
							object
	Finance	Not	200.00
1	worvkmg	Applic		0.00	109.61		0.00	During the FIRST
	capll'al	able						quarter L.E 30th June,
	requirements							2025, the Company has issued 65,50,000 equity

Correspondence Office:- Office No. 251, Second Floor, Golden City Cener, Chikalthana — MIDC, Aurangabad - 431006

APT PACKAGING LTD

Gut No. 76, village Pangra, Paithan Road, Tq. Paithan, Dist Aurangabad, Maharashtra state of ia -431106 Website:- WWW.aptpackaging.in Cont;- ~<91-9960100449

	of the Company						shares of Rs. 10 each at a premium of Rs. 20 per shares on preferential allotment basis for an aggregate amount of Rs.19.65 crores. The proceeds of the said issue has been utilised for the purposes for which it has been raised.
2	Repayment of Debts	Not Applic able	1330.00	0.00	1439.34	109.34	'With in permissible braket of +/- 10%
3	Expansion and Modernizatio n	Not Applic able	350.00	0.00		0.00	During the FIRST quarter LE 30th June, 2025, the Company has issued 65,50,000 equity shares of Rs. 10 each at a premium of Rs. 20 per shares on preferential allotment basis for an aggregate amount of Rs.19.65 crores. The proceeds of the said issue has been utilised for the purposes for which it has been raised.
4	General Corporate purpose	Not Applic able	85.00	0.00	70.58	0.00	During the FIRST quarter LE 30th June, 2025, the Company has issued 65,50,000 equity shares of Rs. 10 each at a premium of Rs. 20 per shares on preferential allotment basis for an aggregate amount of Rs.19.65 crores. The proceeds of the said issue has been utilized for the purposes for which it has been raised.

APT PACKAGING LTD

' . ' Gut No. 76, village Pangra, Paithan Road, Ta. Paithan, Dist Aurangabad, Maliarashtra state of India -131106 Website- WIVW.aptpackagiog.in Cont;- +91-9960100449

Deviation or variation could mean:

(a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (¢) Change in terms of a contract referred to in the fund-raising document i.c. prospectus, letter of offer, etc

Name of signatory Designation of person Place Date	A zZ Arvind Machhar o N> )3/ \VM'"/ \ e\ Managing Director Chhatrapati Sambhajinagar 27-01-2026

Annexure C — Disclosures of outstanding defaults on loans including revolving facilities from banks/financial institutions (as per SEBI Circular SEBI/HO/CFD/CMDI/C]R/P/2019/140 dated 21st November, 2019). - NOT APPLICABLE

Annexure D- Format of Related Party Transactions — NOT APPLICABLE

% Gautam N Associates Chartered Accountants

30, GNA House, Behind ABC Complex, Manmandir Travels Lane, Adalat Road, Aurangabad - 431 001

To, The Board of Directors Apt Packaging Ltd Chhatrapati Sambhajinagar.

Statutory Auditor's Certificate for utilization of share capital ralsed by way of preferential allotment fill 31+ December 2025.

• 1. This certificate is issued in accordance with terms of our engagement with APT Packaging Limited having its CIN: - 124100MH1980PLC022746 and address at Gut No. 76, Vilage Pangra Paithan Road, Tg. Paithan, Chhatrapati Sambhajinagar MH 431106
• 1. We have received request from the company for issue of certificate of utilization of capital raised by way of preferential allotment of equity shares fill 315t December 2025 for purpose of submission to Bombay Stock Exchange, Mumbai.

Management Responsibility

• 1. The company's management is responsible for the preparation of required data. The responsibility includes the design, implementation, and maintenance of intemal conirol relevant to the preparation and exiract of details from the books of accounts and other records.
• 1. The management is also responsible for ensuring that the company complies with the requirement of an equity listing agreement and for providing all relevant information to exchanges.

Auditor's Responsibility

• 1. Pursuant to the requirements of the management, it is our responsibility to provide recsonable assurance whether the amount of utilisation of share capital has been accurately calculated and extracted from the books of account as authenticated by the company management and produced before us.
• 1. We hcve verified utilisation of share capital under each purpose of raising the funds and its allocation from the relevant documents produced before us.
• 1. We conducted our examination in accordance with the Guidance note on Reports or Cerfificates for Special Purpases (Revised 2016) issued by Institute of Chartered Accountanis of India (the Guidance Note'). The Guidance Note requires us to comply with the efhical requirement of the code of Ethics issued by Institute of Chartered Accountants of India. ⁼

²office@cagna.org ® gautam@cagna.org ® 0240-2343800, L +91 98223 43800

1. v{e have comp\igd with the relevant applicable requirements of the ^Non'dord on Quality Control (SQC) I, Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information, and Other Assurance and Related Services Engagements.

Opinion

1. Based on our examination of books of accounts and information and explanation from management of the company. we cerlify the company has utilised Rs. 1882.11 Lakhs till 31t December 2025 for the purpose it was raised, out of preferential equity share capital including securities premium issued of Rs. 1965.00 Lakhs on 08" May 2025.

Restriction on use

1. This Certificate is issued at the request of company and is addressed to the Board of Directors of the Company solely for the use by the Company and should not be used by any other person or for any other purpose. Accordingly, we do not accept or assume any liability or any duty of care for any other purpose or to any other person o whom this Certificate is shown or into whose hands it may come without our prior consent in writing.

For Gautam N Associates Chartered Accountants -

FRN: 0103117W o Gautam Nandawat

Partner Membership No. 032742 UDIN: 26032742DNIBUU5222

Place: Chhatrapati Sambhajinagar Date: 27 January 2025

y APT PACKAGING LTD

Gut No. 76, village Pangra, Paithan Road, Tq. Paithan, Dist Aurangabad, Maharashtra state of India -431106 'Website:- WWW.aptpackaging.in Cont;- ~91-9960100449

Annexure - E

Statement on Impact of Limited Review Report Qualifications submitted along-with Un-Audited Financial Results for the Quarter ended as on 31°* December, 2025- (Standalone) Rs. in LAKHS

SL	Particulars	Un-Audited Figures Adjusted Figures
Ne.		(as reported before	(Un-Audited figures
		adjusting for	after adjusting for
		qualifications)	qualifications)
1.	Total Income	520.23	520.23
2.	Total Expenditure	474.24	474.24
3.	Net Profit / (Loss)	45.99	45.99
4.	Earnings Per Share	0.39	0.39
5.	Any other financial item(s)	-	-
	(as felt appropriate by the management)
	Audit Qualification each audit qualification separately):
a.	Details of Audit Qualification: As mentioned in Note No. 5 to the Limited Review Report that:
	The Company has not provided GST liability totaling Rs. 20.70 lakhs for the financial a) 2019-20. The appeal been before appellant year against order has the this filed authority.
	company has not provided amounting Rs. doubtful debts The in respect to 11.45/- b) Lakhs
	Company has not provided for leave encashment liabilities as per newer labour The ¢) code effective from 21 November 2025.
	Type of Audit Qualification: Qualified Opinion
	Frequency of qualification: Five times a, b; First time ¢
	Review Limited where impact Qualification(s) quantified For by auditor, the the is Management's Views:
	5a. The demand notice for Rs. 20.70 lakhs issued by Goods and Service Tax department in respect of excess outward tax in GSTRI compared to GSTR3B and excess ITC claim in GSTR 3b for financial year2019-20 for Aurangabad branch. The company has made an appeal against this order before the appealedauthority with a deposit of Rs. 0.99 lakhs.
	5b. The necessary arrangement for the recovery of debts is under process.

APT PACKAGING LTD

' . . Gut No, 76, village Pangra, Paithan Road, Tq. Paithan, ' Dist Aurangabad, M ashtra state of India -431106 Websiter- WIVIV.aptpackagiog.in Cont;- +91-9960100449

	Sc. The management is in the process of implementing the changes as according to new labour laws, once the same is done cffect of the same will be taken on record.
¢.		For Limited Review Report Qualification(s) where the impact is not quantified by the auditor:
	(0]	Management's estimation on the impact of Limited Review Report qualification: Refer 5(d) above
	(i)	1f management is unable to estimate the impact, reasons for the same: Refer 5(a to c) above
	(iii)	Auditors' Comments on (i) or (ii) above: Refer 5(a to c) above

For APT Packaging Limited

Arvind Machhar Shrikant Wani £, Din:- 00251843 Date: 27.01.2026

Correspondence Office:- Office No. 251, Second Floor, Golden City Center, Chikalthana MIDC, Aurangabad — 431006