Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Approval of Audited Financial Results
Date of Board Meeting / Approval: Wednesday, July 29, 2026 (Meeting duration: 11:30 AM to 1:55 PM)
Audit Opinion: Clean (Unmodified) opinion issued by M/s. Manubhai & Shah LLP, Statutory Auditors
Auditor’s Comment: No qualifications or modifications noted. The financial results give a true and fair view in conformity with Indian Accounting Standards.
Key Financial Highlights [Amounts in ₹ Lakh]
Standalone Results:
Revenue from Operations: ₹52,563.35 (32.2% increase from ₹39,758.38 in Q1 FY26)
Other Income: ₹280.54 (58.3% decrease from ₹672.12 in Q1 FY26)
Total Income: ₹52,843.89 (30.7% increase from ₹40,430.50 in Q1 FY26)
Expenses Breakdown:
- Cost of material consumed: ₹37,650.66
- Changes in Inventories: (₹3,727.40) [negative indicates decrease in inventories]
- Employee benefits expenses: ₹2,392.28
- Finance costs: ₹214.79
- Depreciation and amortisation expenses: ₹1,311.18
- Other expenses: ₹4,537.50
Total expenses: ₹42,379.01
Profit before Exceptional Items and Tax: ₹10,464.88 (132.6% increase from ₹4,498.71 in Q1 FY26)
Exceptional Items (Net): Not applicable (₹0.00)
Profit before Tax: ₹10,464.88 (132.6% increase from ₹4,498.71 in Q1 FY26)
Tax expenses:
- Current Tax: ₹2,682.65
- Deferred Tax: (₹111.70) [tax benefit]
- Excess Tax provision of earlier years: Not applicable
Total Tax: ₹2,570.95
Net Profit after Tax: ₹7,893.93 (127.2% increase from ₹3,474.06 in Q1 FY26)
Other Comprehensive Income:
- Item that will not be reclassified: ₹910.21
- Income Tax on above: (₹122.87)
- Other Comprehensive Income: ₹787.34
Total Comprehensive Income for the period: ₹8,681.27 (232.0% increase from ₹2,615.29 in Q1 FY26)
Paid up equity share capital: ₹1,036.90 lakh (Face value ₹2 per share)
Other Equity: Not specified in the results table
Earnings per Equity share (Basic & Diluted): ₹15.23 (127.3% increase from ₹6.70 in Q1 FY26)
Segment-wise Performance:
The Company is engaged in the business of Synthetic Emulsion Polymers. As the Company has only one business segment, disclosure under Ind-AS 108 on Segment Reporting is not applicable.
Corporate Actions:
Not Specified
Other Significant Information:
The financial results have been prepared in accordance with Indian Accounting Standards (IND AS) notified under Section 133 of the Companies Act, 2013.
No exceptional items were reported for the quarter.
No change in accounting policy or forward-looking guidance was disclosed.