Board Meeting Details

  • Meeting held: Wednesday, 28th October 2026
  • Commencement: 11:30 am
  • Conclusion: 2:20 pm
  • Purpose: Approval of Audited Financial Results for quarter and half year ended 30th September 2026

Financial Results - Quarter Ended September 30, 2026 (₹ in Lakhs)

Income Statement

  • Revenue from Operations: ₹4,989.25
  • Other Income: ₹45.16
  • Total Income: ₹5,034.41

Expenses

  • Cost of material consumed: ₹3,408.04
  • Changes in inventories: ₹236.50 (increase)
  • Employee benefits expenses: ₹235.67
  • Finance costs: ₹25.53
  • Depreciation and amortization: ₹127.96
  • Other expenses: ₹525.67
  • Total expenses: ₹4,559.37

Profitability

  • Profit before exceptional items and tax: ₹475.03
  • Exceptional items: None (₹0.00)
  • Profit before tax: ₹475.03
  • Tax expenses: ₹126.67
  • Current tax: ₹120.26
  • Deferred tax: ₹10.85
  • Excess tax provision of earlier years: ₹(4.44)
  • Net profit after tax: ₹348.37
  • Earnings per share (basic & diluted): ₹6.72

Financial Results - Half Year Ended September 30, 2026 (₹ in Lakhs)

Income Statement

  • Revenue from Operations: ₹10,245.58
  • Other Income: ₹73.21
  • Total Income: ₹10,318.79

Expenses

  • Cost of material consumed: ₹7,173.11
  • Changes in inventories: ₹(136.24) (decrease)
  • Employee benefits expenses: ₹474.90
  • Finance costs: ₹47.01
  • Depreciation and amortization: ₹259.08
  • Other expenses: ₹979.42
  • Total expenses: ₹8,797.27

Profitability

  • Profit before exceptional items and tax: ₹1,521.52
  • Exceptional items: None (₹0.00)
  • Profit before tax: ₹1,521.52
  • Tax expenses: ₹383.76
  • Current tax: ₹388.52
  • Deferred tax: ₹(0.32)
  • Excess tax provision of earlier years: ₹(4.44)
  • Net profit after tax: ₹1,137.76
  • Earnings per share (basic & diluted): ₹21.95

Balance Sheet Position as at September 30, 2026 (₹ in Lakhs)

Assets

  • Property, plant and equipment: ₹3,493.82
  • Capital work in progress: ₹656.19
  • Investment properties: ₹13.98
  • Intangible assets: ₹1.17
  • Investments: ₹1,096.13 (non-current) + ₹108.64 (current) = ₹1,204.77
  • Inventories: ₹1,721.81
  • Trade receivables: ₹3,214.48
  • Cash and cash equivalents: ₹148.22
  • Other bank balances: ₹244.71
  • Total assets: ₹11,627.29

Equity and Liabilities

  • Equity share capital: ₹103.69 (face value ₹2 each)
  • Other equity: ₹7,028.10
  • Total equity: ₹7,131.79
  • Term loan: ₹403.67
  • Lease liabilities: ₹14.52 (non-current) + ₹13.89 (current) = ₹28.41
  • Borrowings: ₹976.21
  • Trade payables: ₹197.39 (micro/small enterprises) + ₹1,973.86 (others) = ₹2,171.25
  • Total liabilities: ₹4,495.50

Cash Flow Statement - Half Year Ended September 30, 2026 (₹ in Lakhs)

  • Cash flow from operating activities: ₹278.82
  • Cash flow used in investing activities: ₹(681.06)
  • Cash flow from financing activities: ₹116.24
  • Net decrease in cash and cash equivalents: ₹(286.00)
  • Cash and cash equivalents at beginning: ₹542.86
  • Cash and cash equivalents at end: ₹256.86

Key Notes and Disclosures

  • The financial results are prepared in accordance with Indian Accounting Standards (Ind AS)
  • The company operates in a single business segment: Synthetic Emulsion Polymers
  • The results were reviewed by the Audit Committee and approved by the Board of Directors
  • The company has no subsidiaries/associates/joint ventures as of September 30, 2026
  • Exceptional items for previous periods included employee benefit expenses of ₹78.46 lakh and profit on sale of office premises of ₹575.00 lakh
  • The statutory auditor, Manubhai & Shah LLP, issued an unqualified opinion on the financial results