Key Financial Figures (Standalone)
Income Statement Highlights (₹ in lakhs):
Year Ended March 31, 2026:
- Revenue from operations: ₹44,264.27 lakhs (₹442.64 crore)
- Other income: ₹75.88 lakhs
- Total Income: ₹44,340.15 lakhs
- Profit before tax: ₹3,384.54 lakhs
- Total tax expense: ₹1,010.95 lakhs (Current tax: ₹982.00 lakhs, Deferred tax: ₹28.95 lakhs)
- Profit for the period: ₹2,373.58 lakhs (₹23.74 crore)
- Total comprehensive income: ₹2,429.86 lakhs
- Basic EPS: ₹5.84; Diluted EPS: ₹5.66
Quarter Ended March 31, 2026:
- Revenue from operations: ₹12,935.77 lakhs
- Profit for the period: ₹676.10 lakhs
- Basic EPS: ₹1.66; Diluted EPS: ₹1.61
Balance Sheet Position as at March 31, 2026 (₹ in lakhs):
- Total Assets: ₹33,954.30 lakhs
- Inventories: ₹15,514.36 lakhs
- Trade Receivables: ₹5,620.27 lakhs
- Cash and cash equivalents: ₹715.03 lakhs
- Equity Share Capital: ₹3,164.22 lakhs
- Other Equity: ₹12,874.93 lakhs
- Total Borrowings: ₹10,670.79 lakhs (Non-current: ₹1,883.68 lakhs; Current: ₹8,787.11 lakhs)
- Trade payables: ₹5,054.47 lakhs
Cash Flow Statement (Year Ended March 31, 2026):
- Net cash from operating activities: ₹536.36 lakhs
- Net cash used in investing activities: ₹(2,080.07) lakhs (including ₹2,000 lakhs investment)
- Net cash from financing activities: ₹1,289.76 lakhs
- Net decrease in cash: ₹(253.95) lakhs
Performance Highlights
- Company achieved remarkable profit growth of approximately 2,200% over past 4 years (from base of ~₹1 crore)
- Production capacity: 17,457 MT (127% increase post Falcon acquisition)
- Book value per share: ₹24.5
- ESG leadership with ~60% renewable/green energy usage and ~50% women workforce
Audit Opinion
M/s. S. N Shah & Associates, Statutory Auditors, issued an unmodified opinion on the audited financial results with no qualifications, reservations, adverse remarks, or disclaimers.
Corporate Developments
- Company completed Initial Public Offering (IPO) comprising fresh issue of 125.00 lakh equity shares of face value ₹10 each at issue price of ₹136 per share
- Equity shares listed on NSE Limited and BSE Limited on 6th July, 2026
- Post-IPO paid-up equity share capital increased from ₹3,164.22 lakhs to ₹4,414.22 lakhs comprising 4,41,42,190 fully paid-up equity shares
- Company converted to public limited company on 12th February, 2025
CSR Obligation
- Gross CSR spending requirement: ₹38.06 lakhs (2% of average net profits of three preceding financial years)
- Actual CSR expenditure during year: ₹10.00 lakhs
- Provision recognized for unspent CSR obligation: ₹28.06 lakhs (charged to Statement of Profit and Loss)
- Unspent amount required to be transferred to Fund specified in Schedule VII within six months of financial year end
Operational Segment
Company operates in single business segment: "manufacturing of 100% Cotton Yarns and Cotton Bales" as per Ind AS 108.
Notes to Financial Results
- Figures rounded off to nearest lakhs except per share data
- Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
- Company has no subsidiary, associate or joint venture entity
- Figures for quarters are balancing figures between audited annual and interim financial statements
Board Meeting Details
Meeting held on Monday, 27th July, 2026, commenced at 04:00 p.m. and concluded at 04:45 p.m.