Key Decisions Approved

1. Unaudited Financial Results: The Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the Limited Review Report issued by the statutory auditors (Walker Chandiok & Co LLP) pursuant to Regulation 33 of SEBI LODR Regulations.

2. Management Appointments:

  • Appointment of Mr. Akshay Shah, Head - Supply Chain and relative of Mr. Nilesh Shah (Whole-time Director), as Senior Management Personnel effective August 5, 2026.
  • Appointment of Mr. Dhvanit Shah, Strategic Business Head and relative of Mr. Kailesh Shah (Managing Director), as Senior Management Personnel effective August 5, 2026.

Financial Results Highlights (Standalone)

Quarter ended June 30, 2026 (All amounts in ₹ lakhs):

  • Revenue from operations: ₹16,106.23 (vs. ₹15,797.67 in Q1 FY26)
  • Other income: ₹348.25 (vs. ₹60.91 in Q1 FY26)
  • Total income: ₹16,454.48 (vs. ₹15,858.58 in Q1 FY26)
  • Total expenses: ₹14,818.30 (vs. ₹14,136.52 in Q1 FY26)
  • Profit before tax: ₹1,636.18 (vs. ₹1,722.06 in Q1 FY26)
  • Tax expense: ₹425.87
  • Profit for the period: ₹1,210.31 (vs. ₹1,281.65 in Q1 FY26)
  • Basic EPS: ₹1.85 (not annualized, face value ₹2 per share)

Financial Results Highlights (Consolidated)

Quarter ended June 30, 2026 (All amounts in ₹ lakhs):

  • Revenue from operations: ₹16,168.53
  • Other income: ₹349.59
  • Total income: ₹16,518.12
  • Total expenses: ₹14,894.00
  • Profit before tax: ₹1,624.12
  • Tax expense: ₹428.18
  • Profit for the period: ₹1,195.94
  • Profit attributable to owners: ₹1,172.44
  • Basic EPS: ₹1.83 (not annualized, face value ₹2 per share)

Management Appointments Details

Mr. Akshay Shah Profile:

  • Associated with company since 2014
  • Over 10 years experience in supply chain management, AI initiatives, and business operations
  • Bachelor's Degree in Commerce from University of Mumbai
  • Post Graduate Degree in Family Managed Business from S P Jain School of Global Management
  • Certificate course on Entrepreneurship from Midas School of Entrepreneurship, Pune

Mr. Dhvanit Shah Profile:

  • Associated with company since 2016
  • Over 10 years experience in business strategy and operations
  • Bachelor's Degree in Business Administration from Foundation for Liberal and Management Education, Pune

IPO Proceeds Utilization

As of June 30, 2026:

  • Prepayment/repayment of borrowings: ₹14,300.00 lakhs (fully utilized)
  • Purchase of equipment for Manekpur facility: ₹3,044.70 lakhs utilized of ₹11,371.40 lakhs planned
  • General corporate purposes: ₹39.50 lakhs (fully utilized)
  • Share issue expenses: ₹2,289.10 lakhs (fully utilized)
  • Total utilized: ₹19,673.30 lakhs of ₹28,000.00 lakhs
  • Unutilized amount: ₹8,326.70 lakhs (temporarily invested in fixed deposits)

Exceptional Items

For year ended March 31, 2026, exceptional item of ₹437.28 lakhs pertains to incremental non-recurring impact from implementation of Labour Codes effective November 21, 2025.

Meeting Details

Board meeting commenced at 3:30 PM and concluded at 7:00 PM on August 5, 2026.

Subsidiaries Included in Consolidated Results

  • All Time Plastics Pte Limited, Singapore
  • All Time Bamboo Private Limited