The PAN Group JSC Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

37,67,231.51

43,03,330.76

51,38,101.34

40,64,494.45

41,19,497.81

42,66,659.03

50,83,890.82

Other Operating Income

0.00

Total Operating income

37,67,231.51

43,03,330.76

51,38,101.34

40,64,494.45

41,19,497.81

42,66,659.03

50,83,890.82

Raw Material Cost

30,50,940.24

34,19,247.01

41,26,691.82

32,91,426.72

34,36,094.76

31,90,287.50

41,07,680.73

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

1,34,202.67

72,858.41

1,24,150.10

1,66,507.58

1,32,132.30

1,34,335.15

2,42,883.09

Selling and Distribution Expenses

4,63,536.45

3,53,782.85

7,17,399.79

4,98,467.17

4,93,197.24

6,61,661.59

6,70,326.53

Other Expenses

-13,420.27

-7,285.84

-12,415.01

-16,650.76

-13,213.23

-13,433.51

-24,288.31

Total Expenditure (Excl Depreciation)

35,14,476.69

37,73,029.86

48,44,091.61

37,89,893.90

39,29,292.00

38,51,949.08

47,78,007.25

Operating Profit (PBDIT) excl Other Income

252754.8

530300.8999999999

294009.7

274600.60000000003

190205.80000000002

414709.89999999997

305883.6

Other Income

6,25,558.06

70,381.73

1,34,991.08

2,00,330.98

1,78,057.39

2,25,848.84

2,98,464.17

Operating Profit (PBDIT)

9,92,378.60

7,30,191.95

5,31,868.65

6,11,779.01

5,08,937.45

7,52,993.23

7,27,167.41

Interest

1,34,202.67

72,858.41

1,24,150.10

1,66,507.58

1,32,132.30

1,34,335.15

2,42,883.09

Exceptional Items

0.00

Gross Profit (PBDT)

7,16,291.27

8,84,083.75

10,11,409.52

7,73,067.73

6,83,403.05

10,76,371.53

9,76,210.09

Depreciation

1,14,065.72

1,29,509.32

1,02,867.84

1,36,847.48

1,40,674.26

1,12,434.44

1,22,819.67

Profit Before Tax

7,44,110.20

5,27,824.22

3,04,850.71

3,08,423.96

2,36,130.89

5,06,223.64

3,61,464.64

Tax

74,069.13

79,600.56

38,471.81

43,716.81

41,924.54

79,027.41

17,737.09

Provisions and contingencies

0.00

Profit After Tax

5,85,211.36

2,69,338.30

1,56,192.90

1,39,991.38

1,07,672.92

2,31,157.54

1,86,764.91

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

5,85,211.36

2,69,338.30

1,56,192.90

1,39,991.38

1,07,672.92

2,31,157.54

1,86,764.91

Share in Profit of Associates

0.00

Minority Interest

84,829.72

1,78,885.36

1,10,186.00

1,24,715.77

86,533.44

1,96,038.68

1,56,962.63

Other related items

0.00

Consolidated Net Profit

6,70,041.08

4,48,223.66

2,66,378.90

2,64,707.15

1,94,206.36

4,27,196.22

3,43,727.55

Equity Capital

0.00

Face Value

10000.0

Reserves

58,67,319.68

53,42,197.44

50,84,309.70

52,55,400.64

51,56,529.07

50,69,986.97

49,53,355.85

Earnings per share (EPS)

2334.55

1074.46

623.09

558.46

429.53

922.14

745.05

Diluted Earnings per share

2334.55

1074.46

623.09

558.46

429.53

922.14

745.05

Operating Profit Margin (Excl OI)

6.71%

12.32%

5.72%

6.76%

4.62%

9.72%

6.02%

Gross Profit Margin

22.78%

15.27%

7.94%

10.96%

9.15%

14.5%

9.53%

PAT Margin

15.53%

6.26%

3.04%

3.44%

2.61%

5.42%

3.67%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - YoY

Net Sales

YoY Growth in quarter ended Mar 2026 is -8.55% vs 19.00% in Mar 2025

Consolidate Net Profit

YoY Growth in quarter ended Mar 2026 is 245.01% vs 15.22% in Mar 2025

Operating Profit (PBDIT) excl Other Income

YoY Growth in quarter ended Mar 2026 is 10.86% vs 4.00% in Mar 2025

Interest

YoY Growth in quarter ended Mar 2026 is 1.57% vs 46.25% in Mar 2025

Operating Profit Margin (Excl OI)

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025

Compare Quarterly Results Of The PAN Group JSC With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(VND)

Change(%)

Net Sales

37,67,231.51

2,44,042.56

35,23,188.95

1,443.68%

Other Operating Income

0.00

Total Operating income

37,67,231.51

2,44,042.56

35,23,188.95

1,443.68%

Raw Material Cost

30,50,940.24

2,09,313.93

28,41,626.31

1,357.59%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

87,925.02

-87,925.02

-100.00%

Power Cost

0.00

Manufacturing Expenses

1,34,202.67

2,357.70

1,31,844.97

5,592.10%

Selling and Distribution Expenses

4,63,536.45

23,969.92

4,39,566.53

1,833.83%

Other Expenses

-13,420.27

-9,028.27

-4,392.00

-48.65%

Total Expenditure (Excl Depreciation)

35,14,476.69

2,33,283.85

32,81,192.84

1,406.52%

Operating Profit (PBDIT) excl Other Income

2,52,754.82

10,758.71

2,41,996.11

2,249.30%

Other Income

6,25,558.06

51,261.69

5,74,296.37

1,120.32%

Operating Profit (PBDIT)

9,92,378.60

73,804.97

9,18,573.63

1,244.60%

Interest

1,34,202.67

2,357.70

1,31,844.97

5,592.10%

Exceptional Items

0.00

Gross Profit (PBDT)

7,16,291.27

34,728.63

6,81,562.64

1,962.54%

Depreciation

1,14,065.72

12,043.23

1,02,022.49

847.14%

Profit Before Tax

7,44,110.20

59,404.04

6,84,706.16

1,152.63%

Tax

74,069.13

6,020.87

68,048.26

1,130.21%

Provisions and contingencies

0.00

Profit After Tax

5,85,211.36

52,981.82

5,32,229.54

1,004.55%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

5,85,211.36

52,981.82

5,32,229.54

1,004.55%

Share in Profit of Associates

0.00

Minority Interest

84,829.72

401.34

84,428.38

21,036.62%

Other related items

0.00

Consolidated Net Profit

6,70,041.08

53,383.17

6,16,657.91

1,155.15%

Equity Capital

0.00

Face Value

10,000.00

0.00

Reserves

58,67,319.68

13,25,336.19

45,41,983.49

342.70%

Earnings per share (EPS)

2,334.55

784.61

1,549.94

197.54%

Diluted Earnings per share

2,334.55

784.61

1,549.94

197.54%

Operating Profit Margin (Excl OI)

6.71%

4.30%

0.00

2.41%

Gross Profit Margin

22.78%

29.28%

0.00

-6.50%

PAT Margin

15.53%

21.71%

0.00

-6.18%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 3,76,723.15 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -12.46% vs -16.25% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -8.55% vs 19.00% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 67,004.11 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 49.49% vs 68.27% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 245.01% vs 15.22% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 36,682.05 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -44.41% vs 66.25% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 10.86% vs 4.00% in Mar 2025

Quarterly - Interest

Interest 13,420.27 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 84.20% vs -41.31% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 1.57% vs 46.25% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 6.71%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has fallen from Dec 2025

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025