Board Meeting Details

The Board of Directors meeting was held on Monday, July 20, 2026, commencing at 04:30 PM IST and concluding at 05:10 PM IST.

Key Decisions and Approvals

1. Financial Results Approval

The Board approved the Audited Financial Results for the quarter and financial year ended March 31, 2026, including:

  • Statement of Assets and Liabilities as at March 31, 2026
  • Statement of Cash Flow for the financial year ended March 31, 2026

2. Auditor's Report

The Board took note of the Auditor's Report with unmodified opinion from M/s Keyur Shah & Co on the Audited Financial Results.

A declaration signed by Mr. Deepesh Sharma, Chief Financial Officer, regarding the Auditor's Report was submitted as Annexure A.

3. Secretarial Auditor Appointment

The Board approved the appointment of M/s ATCS & Associates, Practicing Company Secretaries (Unique Identification No. P2017RJ063900), as Secretarial Auditors for a first term of five consecutive years commencing from April 1, 2026, to March 31, 2031, subject to shareholder approval at the ensuing Annual General Meeting.

Financial Performance Highlights

Quarterly Performance (₹ in Lakhs)

  • Q4 FY26 Revenue: ₹4,322.55
  • Q4 FY26 Net Profit: ₹874.05
  • Q4 FY26 EPS (Basic): ₹2.79

Annual Performance (₹ in Lakhs)

  • FY26 Total Revenue: ₹16,701.56 (33.7% increase from FY25 ₹12,493.73)
  • FY26 Net Profit: ₹3,438.79 (35.6% increase from FY25 ₹2,536.71)
  • FY26 EPS (Basic): ₹10.74
  • Other Comprehensive Income: (₹8.45)

Balance Sheet Position (as of March 31, 2026)

  • Total Assets: ₹17,176.25 lakhs
  • Equity Share Capital: ₹3,201.00 lakhs
  • Other Equity: ₹6,058.25 lakhs
  • Inventories: ₹13,819.93 lakhs
  • Trade Receivables: ₹899.90 lakhs
  • Cash and Cash Equivalents: ₹26.25 lakhs
  • Short-term Borrowings: ₹6,153.70 lakhs

Cash Flow Statement (FY26)

  • Net Cash from Operating Activities: ₹1,333.17 lakhs
  • Net Cash Used in Investing Activities: (₹667.00) lakhs
  • Net Cash Used in Financing Activities: (₹903.09) lakhs
  • Net Decrease in Cash: (₹236.92) lakhs

Capital Structure Events

Bonus Share Issue

During FY26, the company allotted 32,000,000 fully paid-up bonus equity shares of ₹10 each on August 26, 2025, pursuant to shareholder approval at the Extraordinary General Meeting held on August 4, 2025.

Initial Public Offering (IPO)

The company made an Initial Public Offering of 1,19,68,000 Equity Shares of face value of ₹10 each for cash at an issue price of ₹138 per Equity Share, aggregating to ₹165.16 Crores. The equity shares were allotted on June 29, 2026, and listed on BSE Limited and National Stock Exchange of India Limited on July 1, 2026.

Secretarial Auditor Appointment Details

  • Firm Name: M/s ATCS & Associates
  • Unique Identification No.: P2017RJ063900
  • Appointment Date: July 20, 2026 (subject to shareholder approval)
  • Term: Five consecutive years from April 1, 2026, to March 31, 2031
  • Profile: Firm provides comprehensive professional services in corporate laws, securities laws, compliance management, and management consultancy