1. Financial Results and Auditor Report
- Approved Audited Standalone Financial Results for the quarter and financial year ended 31st March, 2026
- Approved Statement of Assets and Liabilities for FY26
- Approved Audited Cash Flow Statement for FY26
- Statutory Auditors M/s SRB & Associates (FRN: 310009E) issued unmodified opinion on the financial results
Financial Highlights (₹ in lakhs):
Quarter Ended 31.03.2026:
- Total Income: ₹6,704.41
- Total Expenses: ₹6,223.07
- Profit before tax: ₹481.34
- Tax expense: ₹103.92 (Current Tax: ₹87.94, Deferred Tax: ₹15.98)
- Net profit: ₹361.44
- Other Comprehensive Income: ₹15.49
- Total comprehensive income: ₹376.93
- EPS (Basic & Diluted): ₹11.89
Financial Year Ended 31.03.2026:
- Total Income: ₹24,076.43
- Total Expenses: ₹22,984.73
- Profit before tax: ₹1,091.70
- Tax expense: ₹258.94 (Current Tax: ₹244.59, Deferred Tax: ₹14.35)
- Net profit: ₹818.41
- Other Comprehensive Income: ₹15.49
- Total comprehensive income: ₹833.90
- EPS (Basic & Diluted): ₹26.92
- Paid up equity share capital: ₹304.00 (Face value ₹10 each)
- Other Equity: ₹9,213.69
Segment-wise Performance (Quarter Ended 31.03.2026):
- Hand Gloves: Revenue ₹3,571.24, Result ₹464.74
- Garment: Revenue ₹2,479.58, Result ₹141.32
- Power generation: Revenue ₹2.80, Result (₹9.65)
- Others & traded items: Revenue ₹634.22, Result ₹78.82
Assets and Liabilities (as at 31.03.2026):
- Total Assets: ₹18,837.55
- Non-Current Assets: ₹5,459.68
- Current Assets: ₹13,377.87
- Total Equity: ₹9,517.69
- Non-Current Liabilities: ₹1,487.16
- Current Liabilities: ₹7,832.70
2. Dividend Declaration
- Board recommended payment of final dividend of 15% (₹1.50 per equity share of ₹10 each fully paid-up) for FY 2025-26
- Subject to approval of shareholders at the ensuing Annual General Meeting
3. Re-appointment of Independent Director
- Board approved re-appointment of Mr. Rajarshi Ghosh (DIN: 05270177) as Independent Director for a second term of 5 consecutive years
- Effective from 30th June 2026, subject to shareholder approval
- Mr. Ghosh confirmed he meets independence criteria under Section 149 of Companies Act, 2013 and Regulation 16 of SEBI Listing Regulations
- Profile: B.Com(H), LLB, qualified Company Secretary, practicing Company Secretary, Independent Director of K I C Metaliks Limited, Promoter Director of Jesserjee Business Solutions Private Limited, partner of SKR Ghosh & Associates LLP
- No relationship with any other directors of the company
4. Cessation of Independent Directors
- Mr. Mukul Banerjee (DIN: 07527632) shall cease to be Independent Director upon completion of 2 consecutive terms at closure of business hours on 29th May 2026
- Mr. Jadav Lal Mukherjee (DIN: 06421227) shall cease to be Independent Director upon completion of 2 consecutive terms at closure of business hours on 29th May 2026
- Both directors will also cease to be members of Audit Committee, Stakeholders Relationship Committee, and Nomination and Remuneration Committee
- Vacancies will be filled by the Board as per prescribed timelines
5. Operational Updates
- New garment factory in Mouza Gopalpur Chandigarh, Chandigarh Rohanda Gram Panchayat, Barasat, Madhyamgram, North 24 Parganas, Kolkata – 700132: Trial production has started, 50% capacity utilization expected from September 2026 onwards (continuation of disclosure dated 23.02.2026)
- Commercial production of helmets has started (continuation of disclosure dated 11.02.2026)
- Trial production of personal protective equipment/hand gloves has been initiated at Falta III expansion facilities (continuation of disclosures dated 04.08.2025 and 11.02.2026)
Compliance Statements
- Declaration provided pursuant to Regulation 33(3)(d) of SEBI Listing Regulations confirming unmodified audit opinion
- Necessary disclosures provided under Regulation 30 read with Schedule III of SEBI Listing Regulations along with SEBI Master Circular no. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated 30th January, 2026
- Confirmation that Mr. Rajarshi Ghosh is not debarred from holding director office by any SEBI or statutory authority order