Key Financial Results (Standalone, INR in Lakhs)
Income Statement:
- Revenue from operations: ₹7,746.88 (Q1 FY27) vs ₹9,191.47 (Q1 FY26) vs ₹14,148.32 (Q4 FY26)
- Other income: ₹59.72 (Q1 FY27) vs ₹29.99 (Q1 FY26) vs ₹27.64 (Q4 FY26)
- Total Income: ₹7,806.60 (Q1 FY27) vs ₹9,221.46 (Q1 FY26) vs ₹14,175.96 (Q4 FY26)
Expenses:
- Cost of materials consumed: ₹6,802.64
- Purchases of Stock-in-Trade: ₹1,127.21
- Changes in inventories: (₹1,587.28) [negative indicating decrease in inventory or increase in production]
- Employee benefits expense: ₹203.32
- Finance costs: ₹294.37
- Depreciation and amortization: ₹194.64
- Other expenses: ₹289.84
- Total expenses: ₹7,324.74
Profitability:
- Profit Before Exceptional Item and Tax: ₹481.86 (Q1 FY27) vs ₹316.30 (Q1 FY26) vs ₹1,502.72 (Q4 FY26)
- Exceptional Items: None
- Tax expense: ₹172.58 (Current tax: ₹137.55, Deferred tax: ₹35.03)
- Profit after tax: ₹309.28 (Q1 FY27) vs ₹228.03 (Q1 FY26) vs ₹1,079.48 (Q4 FY26)
- Total Comprehensive Income: ₹311.81 (Q1 FY27) vs ₹228.03 (Q1 FY26) vs ₹1,129.34 (Q4 FY26)
Per Share Data:
- Basic EPS: ₹0.98 (Q1 FY27) vs ₹0.77 (Q1 FY26) vs ₹3.52 (Q4 FY26)
- Diluted EPS: ₹0.98 (Q1 FY27) vs ₹0.76 (Q1 FY26) vs ₹3.42 (Q4 FY26)
- Paid-up equity share capital: ₹3,164.22 lakhs (31.6422 million shares of face value ₹10 each)
Significant Post-Quarter Event
The company completed its Initial Public Offering (IPO) subsequent to the quarter ended June 30, 2026. The IPO comprised a fresh issue of 125.00 lakh equity shares of face value ₹10 each at an issue price of ₹136.00 per share. The equity shares were listed on NSE Limited and BSE Limited on July 6, 2026. Consequently, the 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.
Operational and Segment Information
The company operates in a single business segment: "manufacturing of 100% Cotton Yarns and Cotton Bales" in accordance with Ind AS 108 - Operating Segments.
Regulatory Compliance and Audit
These financial results have been prepared in accordance with Indian Accounting Standards (Ind-AS) prescribed under the Companies Act, 2013. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 14, 2026. The company confirmed it does not have any subsidiary, associate, or joint venture entity during the period, hence only standalone financial results are presented.
M/s. S N Shah & Associates, Statutory Auditors (FRN: 109782W), issued a limited review report dated August 14, 2026, stating that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.
Additional Notes
- All amounts are rounded off to the nearest lakhs, except per share data
- Figures for the quarter ended March 31, 2026, are balancing figures between audited annual financials and special purpose audited interim financial statements prepared for IPO purpose
- Corresponding previous year figures have been regrouped/reclassified wherever necessary for comparability