Financial Performance Highlights

  • Revenue from Operations: ₹25.74 Crores (down 66.6% YoY from ₹77.06 Crores)
  • Profit Before Tax: ₹1.27 Crores (down 80.2% from ₹6.40 Crores)
  • Profit After Tax: ₹0.90 Crores (down 81.1% from ₹4.75 Crores)
  • The significant decline is attributed to challenging export market conditions and reduced demand in international markets, with no dividend recommended for the year.

Segment Information

  • Wooden and Iron Handicraft: Revenue ₹1,725.64 lakhs (down 76% YoY), Segment Profit ₹643.59 lakhs
  • Textile Handicraft: Revenue ₹103.83 lakhs (up from ₹26.50 lakhs), Segment Profit ₹38.72 lakhs
  • Solar Product: Revenue ₹744.86 lakhs (up 87% from ₹398.93 lakhs), Segment Profit ₹277.80 lakhs
  • Total Segment Profit before Interest and Tax: ₹960.12 lakhs (down from ₹1,715.07 lakhs)

Key Financial Ratios

  • Return on Equity: 1.25% (down 82% from 6.84%)
  • Net Profit Ratio: 3.50% (down 43% from 6.17%)
  • Inventory Turnover Ratio: 0.48 times (down 79%)
  • Trade Receivables Turnover Ratio: 5.39 times (down 39%)
  • Deterioration is due to revenue decline, export tariff impacts, and lower production levels.

Related Party Disclosures

  • Transactions during FY26 include rent of ₹144 lakh to Key Managerial Personnel (KMPs), remuneration of ₹123.26 lakh to KMPs, and sales of ₹34.11 lakh to entities with KMP influence.
  • Balances as of March 31, 2026, include various payables and receivables with related parties, such as M/s Priti Innovations Private Limited and Urban Den.

AGM Details and Resolutions

  • Date: September 16, 2026, at 12:30 PM at Plot No. F-43 Basni 1st Phase, Jodhpur.
  • Resolutions: To approve audited financial statements, appoint a director, and re-designate key management personnel:
  • Priti Lohiya from Managing Director to Whole Time Director with remuneration of ₹48 lakh per annum
  • Ritesh Lohiya from Chief Financial Officer to Managing Director with remuneration of ₹36 lakh per annum
  • Goverdhan Das Lohiya from Whole Time Director to Executive Director & CFO with remuneration of ₹36 lakh per annum
  • Voting Process: Remote e-voting from September 13-15, 2026, via Bigshare Services, with cut-off date for voting rights on September 9, 2026.

Risk Management

  • Credit Risk: Minimal due to regulated entities and robust accounts receivable collection mechanisms.
  • Liquidity Risk: Sufficient cash and cash equivalents, with no major borrowing needs except temporary overdraft facilities.
  • Market Risk: Includes interest rate risk from variable-rate facilities and currency risk from foreign exchange exposure in operations.