Key Quantitative Figures
- Revenue from Operations (FY26): ₹109.63 crore (FY25: ₹100.97 crore)
- Net Profit (FY26): ₹0.79 crore (FY25: ₹0.77 crore)
- Basic EPS (FY26): ₹2.39 (FY25: ₹2.33)
- Paid-up Equity Share Capital: ₹3.30 crore (33,02,500 equity shares of ₹10 each)
- Total Borrowings (as of Mar 31, 2026): ₹13.12 crore
- Trade Receivables (as of Mar 31, 2026): ₹42.74 crore
- Inventories (as of Mar 31, 2026): ₹4.15 crore
AGM Details
- Date: Wednesday, September 30, 2026
- Time: 09:30 A.M.
- Venue: Registered Office at C-582, Saraswati Vihar, Pitampura, Delhi-110034
- Book Closure Date: September 24, 2026 to September 30, 2026 (both days inclusive)
- E-voting Period: September 27, 2026 (09:00 A.M.) to September 29, 2026 (05:00 P.M.)
Business Transacted at AGM
Ordinary Business
1. Adoption of audited financial statements for FY ended March 31, 2026
2. Re-appointment of Mr. Amber Goel (DIN: 08065459) as director liable to retire by rotation
3. Appointment of M/s. KVA & Company, Chartered Accountants (FRN: 017771C) as statutory auditors for 5 years from conclusion of 41st AGM until conclusion of 46th AGM
Special Business
4. Approval of related party transactions with maximum annual values:
- Annu Industries Pvt. Ltd. (Goods/Services): Up to ₹150.00 crore
- Shreshtha Securities Pvt. Ltd. (Unsecured Loan): Up to ₹10.00 crore
- AMS Specialities Pvt. Ltd. (Goods/Services): Up to ₹50.00 crore
- Anand Kumar (Unsecured Loan): Up to ₹1.5 crore
- Amber Goel (Unsecured Loan): Up to ₹1.5 crore
- Arpit Goel (Unsecured Loan): Up to ₹1.5 crore
5. Empowering Board to borrow money up to ₹20.00 crore under Section 180(1)(c)
6. Approval of transactions under Section 185 (loans/guarantees to entities where directors are interested) up to ₹15.00 crore
7. Approval for making loans/investments/guarantees under Section 186 up to ₹20.00 crore
Auditor Changes
- M/s. Roshan Agrawal & Associates resigned as statutory auditors effective June 30, 2026
- Board appointed M/s. KVA & Company as statutory auditors on July 28, 2026 to fill casual vacancy
- Seeking shareholder approval for regular appointment for 5-year term
Financial Performance Highlights
- Revenue Growth: 8.55% YoY (₹100.97 crore to ₹109.63 crore)
- Profit Growth: 2.60% YoY (₹0.77 crore to ₹0.79 crore)
- Net Profit Margin: 0.72% (FY26) vs 0.76% (FY25)
- Inventory Turnover Ratio: 33.11x (FY26)
- Book Value per Share: ₹18.27 (FY26) vs ₹15.86 (FY25)
Capital Structure Impact
No change in share capital during the year. The company has 33,02,500 equity shares of ₹10 each outstanding.
Corporate Governance
- Compliance with SEBI LODR Regulations affirmed
- Board consists of 5 directors (2 executive, 1 non-executive, 2 independent women directors)
- 9 board meetings held during FY25-26
- Key committees: Audit Committee, Stakeholders' Relationship Committee, Nomination and Remuneration Committee
Related Party Transactions
Significant transactions entered during FY25-26:
- With Annu Industries Pvt. Ltd.: Purchases ₹90.71 crore, Sales ₹12.26 crore
- With Shreshtha Securities Pvt. Ltd.: Loan received ₹0.63 crore, repaid ₹4.32 crore, outstanding ₹0.16 crore
Liquidity Position
- Cash and cash equivalents: ₹0.19 crore (Mar 31, 2026) vs ₹2.26 crore (Mar 31, 2025)
- Current ratio: 1.12 (Mar 31, 2026) vs 1.08 (Mar 31, 2025)
Voting Arrangements
- Mr. Kundan Agrawal appointed as scrutinizer for e-voting process
- Members can vote electronically or through ballot paper at AGM
- Cut-off date for determining voting rights: September 23, 2026
Dividend
No dividend recommended for FY25-26 due to insufficiency of profits.
Other Disclosures
- Company engaged in manufacturing and trading of polyurethane chemicals and specialty chemical products
- Product portfolio includes PU systems, resins, adhesives, coatings, primers, binders, sealants
- Serves footwear, automobile, construction chemicals, textile, artificial leather, flexible packaging industries
- Secretarial Auditor: M/s. Kundan Agrawal & Associates
- Internal Auditor: M/s. A Saini and Associates
- RTA: MAS Services Limited, New Delhi