Key Decisions Approved by Board

1. Financial Results Approval

  • Approved unaudited Standalone and Consolidated financial results for quarter ended June 30, 2026
  • Limited Review Report issued by Statutory Auditor S.C. BOSE & CO (FRN: 0048405)
  • Company will publish extract of detailed format in newspapers as per SEBI Listing Regulations

2. Cost Auditor Appointment

  • Appointed M/s. Narasimha Murthy & Co., Cost Accountants (Firm Registration Number: 000042) as Cost Auditors for financial year 2026-27
  • Date of re-appointment: August 12, 2026
  • Term: Financial Year 2026-27
  • Remuneration to be placed before shareholders for ratification at ensuing Annual General Meeting
  • Firm profile: Professionally managed since 1983, offers services in cost audit, cost reduction programs, management consulting, taxation, and risk advisory

3. Material Related Party Transactions

  • Approved Material Related Party Transaction(s) with Chettinad Cement Corporation Private Limited (Holding Company) under Regulation 23
  • Approved Material Related Party Transaction(s) with Bhavya Cements Private Limited (Subsidiary Company) under Regulation 23
  • Approved Material Related Party Transaction(s) by Subsidiary Bhavya Cements Private Limited with Chettinad Cement Corporation Private Limited (ultimate holding company) under Regulation 23
  • Approved Material Related Party Transaction(s) by Subsidiary Bhavya Cements Private Limited with Chettinad Minerals and Logistics Private Limited (entity controlled by KMP of holding company) under Regulation 23

4. Annual General Meeting

  • Convening of 42nd Annual General Meeting on Thursday, September 10, 2026 through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Remote e-voting period: Commences at 9:00 AM on Monday, September 7, 2026 and ends at 5:00 PM on Wednesday, September 9, 2026

Meeting Details

  • Meeting commenced at 5:05 PM and concluded at 5:50 PM on August 12, 2026

Financial Results - Standalone (Rs. in Lakhs)

Quarter Ended June 30, 2026 (Unaudited)

  • Revenue from Operations: 4,273
  • Other Income: 5
  • Total Income: 4,278
  • Total Expenses: 4,634
  • Profit/Loss Before Exceptional Item and Tax: (356)
  • Exceptional Item: None
  • Profit Before Tax: (356)
  • Tax Expense: 17 (Deferred tax: 17, Current tax: 0)
  • Net Loss for the period: (373)
  • Other Comprehensive Income (net of tax): 24
  • Total Comprehensive Income: (349)
  • EPS (Basic & Diluted): (1.27)
  • Paid-up equity share capital: 2,937 (Face Value ₹10 each)

Comparative Standalone Figures

  • Q1 FY26 Revenue: 11,583; Net Profit: 269
  • Q4 FY26 Revenue: 4,578; Net Loss: (351)
  • FY26 Annual Revenue: 31,020; Net Loss: (10,396)

Segment Information - Standalone

The Company operates in two segments: manufacture and trading of cement, and generation of power.

  • Cement Segment Revenue Q1 FY27: 4,273
  • Power Segment Revenue Q1 FY27: 524
  • Total Sales: 4,797
  • Inter Segment Revenue: 524
  • Cement Segment Result (Profit Before Tax and Interest): (10)
  • Power Segment Result: Not specified

Financial Results - Consolidated (Rs. in Lakhs)

Quarter Ended June 30, 2026 (Unaudited)

  • Revenue from Operations: 8,976
  • Other Income: 16
  • Total Income: 8,992
  • Total Expenses: 10,076
  • Profit/Loss Before Tax: (1,084)
  • Tax Expense: (104) (Deferred tax: (104))
  • Net Loss for the period: (980)
  • Other Comprehensive Income (net of tax): 35
  • Total Comprehensive Income: (945)
  • Profit attributable to Owners of the Company: (708)
  • Profit attributable to Non-controlling Interests: (272)
  • EPS (Basic & Diluted): (2.41)
  • Paid-up equity share capital: 2,937 (Face Value ₹10 each)

Subsidiary Information

  • Includes results of subsidiary Bhavya Cements Private Limited
  • Subsidiary revenues: ₹5,147 lakhs for quarter ended June 30, 2026
  • Subsidiary net loss after tax: ₹(431.00) lakhs
  • Subsidiary total comprehensive income: ₹(421.00) lakhs
  • Subsidiary results reviewed by other auditor

Comparative Consolidated Figures

  • Q1 FY26 Revenue: 13,953; Net Profit: Not separately specified
  • Q4 FY26 Revenue: 12,404; Net Loss: Not separately specified
  • FY26 Annual Revenue: 45,521; Net Loss: (2,631)

Segment Information - Consolidated

The Group operates in two segments: manufacture of cement and generation of power.

  • Cement Segment Revenue Q1 FY27: 8,976
  • Power Segment Revenue Q1 FY27: 524
  • Total Sales: 9,500
  • Inter Segment Revenue: 524
  • Cement Segment Result (Profit Before Tax and Interest): (592)
  • Power Segment Result: Not specified

Auditor Review

  • S.C. BOSE & CO, Chartered Accountants issued limited review reports for both standalone and consolidated financial results
  • Review conducted in accordance with SRE 2410
  • Nothing came to their attention causing belief that financial results contain material misstatement
  • For consolidated results, conclusion based partly on report of other auditor for subsidiary