ACME PRINTING AND PACKAGING PLC
Interim Financial Statements for the Quarter Ended
31st March 2026
ACME PRINTING & PACKAGING PLC
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Market price per share
For the three months ended
209,340 (225,698) | 315,063 (332,657) | ( 34%) ( 32%) | 902,301 (898,387) | 1,196,433 (1,146,293) | ( 25%) ( 22%) | ||||
(16,358) | (17,594) | ( 7%) | 3,914 | 50,140 | ( 92%) | ||||
40,855 | 13,395 | 205% | 53,472 | 15,704 | 240% | ||||
(151,444) | (113,604) | 33% | (296,613) | (242,850) | 22% | ||||
(5,682) - | (5,566) | 2% | (18,945) | (24,204) | ( 22%) | ||||
(160,882) | - | (160,882) | - | ||||||
40,416 | (29,157) | ( 239%) | 45,349 | (29,157) | ( 256%) | ||||
(253,095) | (152,526) | -66% | (373,705) | (230,367) | -62% | ||||
93,252 | 371 | 25,035% | 94,285 | 1,912 | 4,831% | ||||
(131,220) | (69,304) | 89% | (155,450) | (206,849) | ( 25%) | ||||
(37,968) | (68,933) | ( 45%) | (61,165) | (204,937) | ( 70%) | ||||
(291,062) | (221,459) | ( 31%) | (434,870) | (435,304) | 0% | ||||
(22,476) | 29,381 | ( 176%) | (27,990) | 29,381 | ( 195%) | ||||
(313,538) | (192,078) | ( 63%) | (462,860) | (405,923) | ( 14%) | ||||
92,303 | 34,785 | 165% | 92,303 | 34,785 | 165% | ||||
(47) | 3,452 | ( 101%) | (47) | 3,452 | ( 101%) | ||||
14 | (11,507) | ( 100%) | 14 | (11,507) | ( 100%) | ||||
(27,691) | (10,436) | 165% | (27,691) | (10,436) | ( 165%) | ||||
64,579 | 16,294 | 296% | 64,579 | 16,294 | 296% | ||||
(248,959) | (175,784) | ( 42%) | (398,281) | (389,629) | ( 2%) | ||||
(313,538) | (192,078) | ( 63%) | (462,860) | (405,923) | ( 14%) | ||||
- | - | - | - | ||||||
(313,538) | (192,078) | ( 63%) | (462,860) | (405,923) | ( 14%) | ||||
(248,959) | (175,784) | ( 42%) | (398,281) | (389,629) | ( 2%) | ||||
- | - | - | - | - | - | ||||
(248,959) | (175,784) | ( 42%) | (398,281) | (389,629) | ( 2%) | ||||
Rs. | (1.39) | Rs. | (0.87) | ( 59%) | Rs. | (2.09) | Rs. | (1.85) | ( 13%) |
2026 Rs'000 Unaudited | 2025 Rs'000 Unaudited | % Change + / ( - ) | 2026 Rs'000 Unaudited | 2025 Rs'000 Audited | % Change + / ( - ) | |
Revenue | ||||||
Cost of Sales | ||||||
Gross Profit / (Loss) | ||||||
Other Income | ||||||
Administrative Expenses | ||||||
Distribution Expenses | ||||||
Other Expenses | ||||||
Impairment of Amount due from related | ||||||
parties and trade receivables, Reversal/ | ||||||
(Provision) | ||||||
Loss from Operations | ||||||
Finance Income | ||||||
Finance Expense | ||||||
Net Finance Expense | ||||||
Loss before Taxation | ||||||
Income Tax (Expense)/ Reversal | ||||||
Loss for the Period | ||||||
Other Comprehensive Income for the Period | ||||||
Items that will not be reclassified to the P&L | ||||||
Revaluation Surplus Deferred tax effect on acturial (gain)/loss on | ||||||
defined benefit obligations Actuarial Gain / (Loss) on Defined Benefit | ||||||
Obligations | ||||||
Deffered tax effect on revaluation surplus | ||||||
Total Other Comprehensive Income for the period | ||||||
Total Comprehensive (Expense)/ Income for the Period | ||||||
Profit / (Loss) attributable to | ||||||
Equity Holders of the Company | ||||||
Non Controlling Interest | ||||||
Profit / (Loss) for the Period | ||||||
Total Comprehensive Income Attributable to | ||||||
Equity Holders of the Company | ||||||
Non Controlling Interest | ||||||
Total Comprehensive Income for the Period | ||||||
Basic Loss per Share |
31st March
Quarterly
2026 2025
For the year ended
31st March
Highest Lowest
Last Traded Price
Rs.
Rs.
Rs.
38.30
3.20
6.30
Rs.
Rs.
Rs.
7.00
5.90
6.40
Figures in brackets indicate deductions.
All values are in Rupees '000, unless otherwise stated.
ACME PRINTING & PACKAGING PLCSTATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME - COMPANY
For the three months ended205,042 (185,375) | 192,874 (212,194) | 6% ( 13%) | 657,950 (616,053) | 868,468 (849,028) | ( 24%) ( 27%) | ||||
19,667 | (19,320) | ( 202%) | 41,897 | 19,440 | 116% | ||||
6,532 | 9,898 | ( 34%) | 32,912 | 25,706 | 28% | ||||
(141,232) | (74,181) | 90% | (268,937) | (193,568) | 39% | ||||
(5,095) | (5,148) | ( 1%) | (18,427) | (23,228) | ( 21%) | ||||
(98,586) | (98,586) | ||||||||
83,348 | (5,947) | ( 1,502%) | 81,129 | (5,947) | ( 1,464%) | ||||
(135,365) | (94,698) | ( 43%) | (230,011) | (177,597) | ( 30%) | ||||
(383) | 79 | ( 584%) | 501 | 255 | 97% | ||||
(32,698) | (36,113) | ( 9%) | (120,908) | (134,379) | ( 10%) | ||||
(33,080) | (36,034) | ( 8%) | (120,406) | (134,124) | ( 10%) | ||||
(168,445) | (130,732) | ( 29%) | (350,417) | (311,721) | ( 12%) | ||||
(17,177) | 19,825 | ( 187%) | (20,465) | 19,825 | ( 203%) | ||||
(185,622) | (110,907) | ( 67%) | (370,882) | (291,896) | ( 27%) | ||||
56,405 | 34,785 | 62% | 56,405 | 34,785 | 62% | ||||
(157) | (9,191) | ( 98%) | (157) | (9,191) | ( 98%) | ||||
47 | 2,757 | ( 98%) | 47 | 2,757 | ( 98%) | ||||
(16,922) | (10,436) | ( 62%) | (16,922) | (10,436) | ( 62%) | ||||
39,374 | 17,915 | 120% | 39,374 | 17,915 | 120% | ||||
(146,249) | (92,992) | ( 57%) | (331,508) | (273,981) | ( 21%) | ||||
(185,622) | (110,907) | ( 67%) | (370,882) | (291,896) | ( 27%) | ||||
- | - | - | - | ||||||
(185,622) | (110,907) | ( 67%) | (370,882) | (291,896) | ( 27%) | ||||
(146,249) | (92,992) | ( 57%) | (331,508) | (273,981) | ( 21%) | ||||
- | - | - | - | - | - | ||||
(146,249) | (92,992) | ( 57%) | (331,508) | (273,981) | ( 21%) | ||||
Rs. | (0.82) | Rs. | (0.50) | ( 63%) | Rs. | (1.68) | Rs. | (1.33) | ( 26%) |
2026 Rs'000 | 2025 Rs'000 | % Change + / ( - ) | 2026 Rs'000 | 2025 Rs'000 | % Change + / ( - ) | |
Unaudited | Unaudited | Unaudited | Audited | |||
Revenue | ||||||
Cost of Sales | ||||||
Gross Profit / (Loss) | ||||||
Other Income | ||||||
Administrative Expenses | ||||||
Distribution Expenses | ||||||
Other Expenses | ||||||
Impairment of Amount due from related parties and trade receivables, Reversal/ (Provision) | ||||||
Loss from Operations | ||||||
Finance Income | ||||||
Finance Expense | ||||||
Net Finance Expense | ||||||
Loss before Taxation | ||||||
Income Tax (Expense)/ Reversal | ||||||
Loss for the Period | ||||||
Other Comprehensive Income for the Period Items that will not be reclassified to the P&L | ||||||
Revaluation Surplus Actuarial Gain/ (Loss) on Defined Benefit Obligations | ||||||
Deffered tax effect on actuarial (gain)/loss on defined benefit oblig Deffered tax effect on revaluation surplus | ||||||
Total Other Comprehensive Income for the period | ||||||
Total Comprehensive (Expense)/ Income for the Period | ||||||
Profit / (Loss) attributable to | ||||||
Equity Holders of the Company | ||||||
Non Controlling Interest | ||||||
Profit / (Loss) for the Period | ||||||
Total Comprehensive Income Attributable to | ||||||
Equity Holders of the Company | ||||||
Non Controlling Interest | ||||||
Total Comprehensive Income for the Period | ||||||
Basic Loss per Share | ||||||
Figures in brackets indicate deductions. | ||||||
All values are in Rupees '000, unless otherwise stated. |
Group Company
As at 31st March
2026
As at 31st March
2025
As at 31st March
2026
As at 31st March
2025
Rs'000 Rs'000 Rs'000 Rs'000
Unaudited Audited Unaudited Audited (Restated) (Restated)
ASSETS
Non-Current Assets
1,073,507 | 1,084,711 | 738,119 | 748,357 | |
5,812 | 7,749 | 5,812 | 7,749 | |
2,109 | 3,232 | |||
694,000 | ||||
25 | 25 | |||
1,081,428 | 1,095,717 | 1,437,931 | 756,131 | |
119,033 | 303,885 | 124,581 | 132,327 | |
197,031 | 417,739 | 178,772 | 171,013 | |
32,407 | 31,394 | 55,166 | 564,248 | |
516,663 | 14,292 | 361,984 | 12,904 | |
865,134 | 767,310 | 720,503 | 880,492 | |
1,946,562 | 1,863,027 | 2,158,434 | 1,636,623 | |
2,260,085 | 835,085 | 2,260,085 | 835,085 | |
720,702 | 656,090 | 560,196 | 520,712 | |
(2,472,542) | (2,009,649) | (1,762,618) | (1,391,626) | |
508,245 | (518,474) | 1,057,663 | (35,829) | |
190,597 | 262,385 | 62,537 | 97,358 | |
2,232 | 2,235 | - | ||
300,719 | 245,050 | 218,149 | 180,807 | |
32,277 | 26,593 | 21,751 | 17,782 | |
525,825 | 536,263 | 302,437 | 295,947 | |
271,386 | 362,096 | 209,301 | 166,090 | |
38,464 | 46,646 | 26,370 | 34,495 | |
579,020 | 1,397,309 | 539,045 | 1,138,788 | |
3 | 2,055 | |||
23,619 | 37,132 | 23,619 | 37,132 | |
912,493 | 1,845,238 | 798,335 | 1,376,505 | |
1,438,317 | 2,381,501 | 1,100,771 | 1,672,452 | |
1,946,562 | 1,863,027 | 2,158,434 | 1,636,623 |
Property, Plant and Equipment Intangible Assets
Right of Use Assets Investment in Subsidiary
Financial Investments - FVTOCI
Total Non-Current Assets
Current Assets
Inventories
Trade and Other Receivables Amount Due from Related Parties Cash and Cash Equivalents
Total Current Assets Total Assets
EQUITY & LIABILITIES
Equity
Stated Capital Revaluation Reserve Accumulated Losses Total Equity
Non-Current Liabilities Interest Bearing Borrowings Lease Creditors
Deferred Tax Liability Defined Benefit Obligation Total Non Current Liabilities
Current Liabilities
Trade and Other Payables Amounts Due to Related Parties Interest Bearing Borrowings Lease Creditors
Bank Overdraft
Total Current Liabilities Total Liabilities
Total Equity and Liabilities Net Assets Per Share
Rs.
0.76
Rs.
(5.46)
Rs.
1.59
Rs.
(0.38)
Figures in brackets indicate deductions.
All values are in Rupees '000, unless otherwise stated. The above figures are subject to audit
These Financial Statements have been prepared in compliance with the requirements of the Companies Act No 07 of 2007.
…………………… Sameera Gamage Chief Financial Officer
The Board of Directors is responsible for the preparation and presentation of the Financial Statements. Signed for and on behalf of the Board:
………………………………
29th May 2026 A. Hettiarachchy P.S. Goonewardene Executive Chairman Director
ACME PRINTING & PACKAGING PLC |
STATEMENT OF CASH FLOWS |
Group | Company | ||
2026 | 2025 | 2026 | 2025 |
Rs.'000 | Rs.'000 | Rs.'000 | Rs.'000 |
Unaudited | Audited | Unaudited | Audited |
For the Period ended 31st March
Cash flows from operating activities
(Loss) / Profit before taxation | (434,870) | (435,304) | (350,417) 36,676 -1,937 4,369 5,724 (65,204) (15,925) 959 (8) 39,999 15,719 2,190 25 42,857 (203) 119,101 | (311,721) |
Adjustment for : | ||||
Depreciation on Property, Plant & Equipment | 78,793 | 65,527 | 32,442 | |
Amortization of Right to Use Assets | 1,124 | 3,054 | 1,792 | |
Amortization of intangible Assests | 1,937 | 1,792 | - | |
Provision for Defined Benefit Obligations net of interest on plan assets | 6,376 | 5,099 | 3,599 | |
Provision / (Reversal of Provision) for Slow Moving Inventories | (11,819) | 38,956 | 26,235 | |
Provision for Impairment of Amounts Due from Related Parties | 35 | 198 | (3,113) | |
(Provision) for / Reversal of Impairment of Trade Receivables | (15,909) | 28,959 | 9,061 | |
Provision for / (Reversal of) Impairment of other Trade Receivables | 959 | |||
Disposal Gain/ (Loss) of Property, Plant and Equipment | (8) | (420) | (114) | |
Fixed Asset Written Off | 42,189 | - | ||
Trade Receivable Written Off | 15,735 | - | ||
Trade Creditor Write off | 560 | - | ||
Investment Write off | 25 | - | ||
Inventory Written Off | 42,857 | |||
Interest Income | (203) | (353) | (255) | |
Interest Expense | 153,577 | 201,746 | 130,640 | |
Gain / (Loss) on translation of Foreign Currency | (82) | (195) | - | |
Operating Profit before working capital changes | (118,723) | (90,941) | (162,202) | (111,434) |
(Decrease) / Increase in Inventories | 153,814 | 75,945 | (40,835) | (18,128) |
(Decrease) / Increase in Trade & other Receivables | 219,923 | (11,610) | (8,511) | 122,950 |
Decrease / (Increase) in Amount Due from Related Parties | (1,048) | (14,633) | (119,714) | (24,399) |
(Decrease) /Increase in Amount Due to Related Parties | (8,182) | 29,244 | (8,125) | 24,447 |
(Decrease) /Increase in Trade & Other Payables | (91,188) | 121,568 | 41,023 | 33,123 |
Cash generated from Operations | 154,597 | 109,573 | (298,364) | 26,559 |
Interest Paid | (376,332) | (120,986) | (223,174) | (81,672) |
Employee Benefits paid | (14,551) | (2,778) | (14,369) | (1,892) |
Net Cash Flow generated from / (used in) Operating activities | (236,286) | (14,191) | (535,907) | (57,005) |
Cash Flows from Investing activities | 828 (71,585) (6,765) 353 | 828 (16,482) (6,765) 255 | ||
Proceed from Disposal of Property, Plant & Equipment | 8 | 8 | ||
Purchase of Property, Plant & Equipment | (17,478) | (10,033) | ||
Purchase of Intangible Assets | ||||
Interest Received | 203 | 203 | ||
Withdrawal from Investment Activities | 13,813 | 13,813 | ||
Net Cash Flow (used in) / From Investing activities | (3,453) | (77,169) | 3,991 | (22,164) |
Cash flows from Financing activities | ||||
Repayment of Long Term Borrowing | (83,570) | (47,409) | (33,411) | (34,522) |
Issue of Shares | 1,425,000 | 1,425,000 | - | |
Long Term Borrowings Obtained | - | - | 25,000 | |
Repayment of Lease | (2,055) | (4,780) | - | - |
Proceeds from Long Term Loans | - | 54,929 | - | - |
Proceeds Short Term Loan | - | 734,439 | - | - |
Proceeds Short Term Borrowings | 1,124,492 | (702,447) | 1,111,685 | 733,481 |
Borrowings obtained from related companies | (303,464) | 20,000 | - | 20,000 |
Repayment of Short Term Borrowings | (1,404,781) | - | (1,305,302) | (686,922) |
Payment of borrowings obtained from related companies | - | (10,000) | (303,463) | (10,000) |
Net Cash Flow (Used in) / From Financing activities | 755,623 | 44,732 | 894,509 | 47,037 |
Net Increase in Cash & Cash Equivalents | 515,884 | (46,628) | 362,593 | (32,133) |
Cash & cash equivalents at the beginning of the period | (22,840) | 23,788 | (24,228) | 7,905 |
Cash & cash equivalents at the end of the period | 493,044 | (22,840) | 338,365 | (24,228) |
Figures in brackets indicate deductions. |
All values are in Rupees '000, unless otherwise stated. |
The above figures are subject to audit |
ACME Printing and Packaging PLC | |||
Statement of Changes in Equity | |||
Group | |||
Stated | Revaluation | Accumulated | Total |
Capital | Reserve | Losses | |
Rs'000 | Rs'000 | Rs'000 | Rs'000 |
Balance as at 1st April 2024 | 835,085 | 631,921 | (1,595,851) | (128,845) |
Transfer to retained earnings | (180) | 180 | - | |
Loss for the Year | - | (405,923) | (405,923) | |
Revaluation Surplus, net of tax | 24,349 | 24,349 | ||
Other Comprehensive Income for the Year, (net of tax) | (8,055) | (8,055) | ||
Total Comprehensive Income/(Expense) for the Year | - | 24,169 | (413,798) | (389,629) |
Balance as at 31st March 2025 | 835,085 | 656,090 | (2,009,649) | (518,474) |
Balance as at 1st April 2025 | 835,085 | 656,090 | (2,009,649) | (518,474) |
Right Issue | 1,425,000 | 1,425,000 | ||
Loss for the Period | - | (462,860) | (462,860) | |
Revaluation Surplus, net of tax | 64,612 | 64,612 | ||
Other Comprehensive Income/(Expense) for the Year | (33) | (33) | ||
Total Comprehensive Income/(Expense) for the Year | 1,425,000 | 64,612 | (462,893) | 1,026,719 |
Balance as at 31st March 2026 | 2,260,085 | 720,702 | (2,472,542) | 508,245 |
Company | |||
Stated | Revaluation | Accumulated | Total |
Capital | Reserve | Losses | |
Rs'000 | Rs'000 | Rs'000 | Rs'000 |
Balance as at 1st April 2024 | 835,085 | 496,364 | (1,093,296) | 238,153 |
Loss for the Year | - | - | (291,896) | (291,896) |
Revaluation Surplus, net of tax | 24,349 | 24,349 | ||
Other Comprehensive Expense for the Year, (net of tax) | (6,434) | (6,434) | ||
Total Comprehensive Income/(Expense) for the Year | - | 24,349 | (298,330) | (273,981) |
Balance as at 31st March 2025 | 835,085 | 520,713 | (1,391,626) | (35,828) |
Balance as at 1st April 2025 | 835,085 | 520,713 | (1,391,626) | (35,828) |
Issue of shares | 1,425,000 | 1,425,000 | ||
Loss for the Period | (370,882) | (370,882) | ||
Revaluation Surplus, net of tax | 39,483 | 39,483 | ||
Other Comprehensive Income/(Expense) for the Year | (110) | (110) | ||
Total Comprehensive Income/(Expense) for the Year | 1,425,000 | 39,483 | (370,992) | 1,093,491 |
Balance as at 31st March 2026 | 2,260,085 | 560,196 | (1,762,618) | 1,057,663 |
Figures in brackets indicate deductions. |
All values are in Rupees '000, unless otherwise stated. |
The above figures are subject to audit |
ACME PRINTING & PACKAGING PLC |
NOTES TO THE FINANCIAL STATEMENTS |
1. STATED CAPITAL |
The stated capital consists of 665,000,000 shares issued as at 31st March 2026 |
BASIS OF PREPARATION
The condensed interim financial statements of ACME Printing & Packaging PLC are for the period ended 31st March 2026. They have been prepared in accordance with LKAS 34, interim financial reporting. These interim financial statements have been prepared in accordance with the SLFRS standards and IFRIC interpretations issued and effective as at the time of preparing these statements. The condensed interim financial statements do not include all of the information required for full Annual financial statements and have not been audited.
The same accounting policies and methods of computation have been followed in the interim financial statements as compared to the recent Annual financial statement published for the Year ended 31stMarch 2026.
3. COMPARATIVE INFORMATION |
Comparative information has been restated / reclassified where necessary in line with the changes to the new Sri Lanka Accounting Standards (SLFRS / LKAS) which are effective from 1stJanuary 2012. |
CONTINGENT LIABILITIES
There are no material contingent liabilities as at the reporting date which would require adjustment or disclosure in financial statements other than following;
D.C. Colombo Case No.DSP/0015/08
The Commercial and Industrial Worker's Union filed a case against ACME Printing and Packing PLC to make payment for all arrears in respect of Non-
Recurring Cost of Living Gratuity (NRCOLG) allowances due to all members of Commercial and Industrial Worker's Union and thereafter continue to make such payments of the allowance in accordance to the formulas agreed upon in the collective agreement or as a part of the contract of employment. ACME Printing and Packaging PLC has denied the Commercial and Industrial Worker's Union claim and pleaded inter alia that the said agreement was repudiated and as such, ACME Printing and Packaging PLC is not liable to pay the NRCOLG allowance.
The matter is set for next hearing on 26th June 2026.
The Board of Directors of the Company having consulted the legal council has determined that no provision is required for the below cases outstanding against the Group as at 31st March 2026.
EVENTS AFTER THE STATEMENT OF FINANCIAL POSITION DATE
There have been no material events occurring after the Statement of Financial Position date that require adjustments to or disclosure in the Interim Financial Statements.
OTHER DISCOURSES
Right Issue of shares
The Company made a Rights Issue of 570,000,000 Ordinary Shares at a price of Rs 2.50 per Share to the holders of the Issued Ordinary Shares of the Company
as at the end of trading on 6th February 2026, in the proportion of six (6) new Ordinary Shares for every One (1) existing issued Ordinary Share held in the Capital of the Company. The Issue closed on 4th March 2026. The total number of shares subscribed for on the Right Issue was 570,000,000 shares and the total consideration received was Rs 1,425,000,000.00. The proceeds of the Rights Issue will be utilized for factory relocation and modernization, repayment of intercompany loan and bank borrowings, and working capital requirements.
Right issue funds utlisation as at 31st March 2026 following objectives,
Objective No.
Objective as per circular
Amount allocated as per circular in LKR
Proposed date of utilization as per circular
Amount allocated from proceeds in LKR (A)
% of total proceeds
"Amount utilized Rs (B)"
"% of utilization against allocation (B/A)"
Clarification if not fully utilised including where funds are invested
01.
Settlement of Intercompany
Loans
425,000,000.00
Immediately upon the completion of the
rights issue.
425,000,000.00
30%
425,000,000.00
100%
N/A
02.
Settlement of Bank
borrowings
175,000,000.00
Immediately upon the completion of the
rights issue.
175,000,000.00
12%
175,000,000.00
100%
N/A
03.
Relocation and
modernization of factory
475,000,000.00
Before 31st March 2026
475,000,000.00
33%
23,316,369.13
5%
To be utilized in next quarter
04.
Working Capital
350,000,000.00
Within 30 days upon the completion of the
rights issue.
350,000,000.00
25%
110,000,000.00
31%
To be utilized in next quarter
1,425,000,000.00
1,425,000,000.00
733,316,369.13
6.2 Capital Reduction
The Board of Directors has resolved to convene an Extraordinary General Meeting ("EGM") on 11 June 2026 to seek shareholder approval for a proposed capital reduction amounting to Rs. 1,595,084,628.50, in accordance with the applicable provisions of the Companies Act and the Company's Articles of Association.
As at the reporting date, the proposed capital reduction remains subject to shareholder and regulatory approvals, where applicable, and accordingly no adjustment has been made to these financial statements.
6.3 Voluntary Retirement Scheme ("VRS")
As part of the Company's restructuring initiative approved in March 2026, the Company implemented a Voluntary Retirement Scheme ("VRS") for selected
employees. The related compensation and settlement payments were fully disbursed in April 2026.
The costs associated with the VRS have been recognized in the financial statements for the period ended 31stMarch 2026 under employee benefit in accordance with applicable accounting standards.
RECLASSIFICATION OF CURRENT LIABILITIES
During the year ended 31st March 2026, the Company/Group reviewed the presentation of certain balances that were previously classified under Interest-Bearing Borrowings as at 31 March 2025. Based on the nature of these balances, management determined that they represent interest-bearing amounts payable to related group entities. Accordingly, these amounts have been reclassified to Amounts Due to Related Companies in the comparative information presented in these interim financial statements.
The reclassification has no impact on the Company/Group's total liabilities, equity, or profit for the comparative period.
Group | |||
Description | Previous Reported 31st March 2025 | Reclassification | Restated as at 31st March 2025 |
Rs 000 | Rs 000 | Rs 000 | |
Amounts due to related companies | 46,646 | 413,035 | 459,681 |
Interest Bearing Borrowings | 1,397,309 | (413,035) | 984,274 |
Company | |||
Description | Previous Reported 31st March 2025 | Reclassification | Restated as at 31st March 2025 |
Rs 000 | Rs 000 | Rs 000 | |
Amounts due to related companies | 34,495 | 413,035 | 447,530 |
Interest Bearing Borrowings | 1,138,788 | (413,035) | 725,753 |
ACME PRINTING & PACKAGING PLC |
DIRECTORS' SHAREHOLDING AS AT 31ST MARCH 2026 |
No | Name of the Director | No of shares |
1 | MR. A. RAJARATNAM | Nil |
2 | MR. P.S. GOONEWARDENE | Nil |
3 | MR. A. HETTIARACHCHI | Nil |
4 | MR. S.D.R. ARUDPRAGASAM | Nil |
5 | HATTON NATIONAL BANK PLC/SRI DHAMAN RAJENDRAM ARUDPRAGASAM | 5,600,000 |
6 | MR. K.G. PUNCHIHEWA | Nil |
7 | MR. A.I. PIYADIGAMA | Nil |
5,600,000 |
ACME PRINTING & PACKAGING PLC |
TWENTY (20) MAJOR SHAREHOLDERS AS AT 31TH MARCH 2026 |
No | Name | Number of Shares | Percentage % |
1 | LANKEM CEYLON PLC | 335,827,655 | 50.50 |
2 | DARLEY BUTLER & CO LTD | 129,588,760 | 19.49 |
3 | HATTON NATIONAL BANK PLC/SRI DHAMAN RAJENDRAM ARUDPRAGASAM | 5,600,000 | 0.84 |
4 | MR. D.G.N. SAMARASEKARA | 5,580,966 | 0.84 |
5 | MR. K. NEROOZAN | 5,153,890 | 0.78 |
6 | MR. U.G.J. CHAMINDA | 2,734,100 | 0.41 |
7 | MR. K. THINESKUMAR | 2,649,429 | 0.40 |
8 | MRS. S. VASUDEVAN | 2,500,000 | 0.38 |
9 | MR. A.H. MUSTHAKEEM | 2,500,000 | 0.38 |
10 | MR. M.H.A. KAMIL | 2,489,839 | 0.37 |
11 | MR. D.J.P.B. FERNANDO | 2,354,178 | 0.35 |
12 | MS. H.N.M.U. SANDAMALI | 1,836,830 | 0.28 |
13 | ASSETLINE FINANCE PLC/M.S.HIRIPITIYA | 1,780,000 | 0.27 |
14 | MR. C.N. PAKIANATHAN | 1,729,054 | 0.26 |
15 | MR. W.A.K. PERERA | 1,647,332 | 0.25 |
16 | MR. S.C. DE ZOYSA | 1,510,204 | 0.23 |
17 | MR. G. WICKREMASINGHE | 1,500,000 | 0.23 |
18 | MR. W.A. DHARMATHILAKA | 1,400,000 | 0.21 |
19 | PEOPLE S LEASING AND FINANCE PLC/L.P.HAPANGAMA | 1,257,088 | 0.19 |
20 | MR. J.K. MAYAKADUWAGE | 1,216,433 | 0.18 |
NOTES |
Public Holding |
Number of Shareholders represented by public holding 19 |
Float adjustment market capitalization as at 31st March 2026 was Rs. 1,214,871,210/- |
The Company complies with the Listing Rules 7.13.1 (a) under option 5 (Less than Rs.2.5 Bn Float Adjusted Market Capitalization which requires 20% minimum Public Holding & minimum 500 public shareholders). |
28.998%
2,838,831
