Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Three Months ended 30th June, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 30 & 33
Date of Board Meeting / Approval: 14th August, 2026 (Meeting held from 12:30 PM to 4:00 PM)
Audit Opinion: Limited Review Report - No modified opinion, but contains 'Other Matters'.
Auditor’s Comment: Statutory Auditors, M/s Uberoi Sood & Kapoor, noted in their limited review report that they are unable to comment on whether inventory is valued at cost or net realizable value and that the company has not deposited Employees Provident Fund and Tax Deducted at Source for the period April 2026 to June 2026.
Key Financial Highlights [₹ Lakh]
Standalone Results:
| Particulars | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Unaudited) |
| Revenue from Operations | 790.79 | 1,029.15 | 1,374.65 |
| Other Income | 30.40 | 42.07 | 424.05 |
| Total Income | 821.19 | 1,071.22 | 1,798.70 |
| Total Expenses | 1,017.40 | 1,618.99 | 1,777.29 |
| Profit / (Loss) before tax | (547.77) | 21.41 | (196.21) |
| Tax Expense (Deferred Tax) | (57.97) | (120.77) | (8.60) |
| Profit / (Loss) for the period | (138.25) | 30.01 | (427.03) |
| Other Comprehensive Income (Loss) | 0.37 | 1.89 | (76.71) |
| Total Comprehensive income for the period | 31.90 | (137.88) | (503.74) |
| Paid up Equity Capital (Face Value of ₹2/- each) | 675.62 | 675.62 | 675.62 |
| EPS - Basic (₹) (Not Annualised) | (0.41) | (1.26) | 0.09 |
Financial Performance Analysis: The company's performance deteriorated significantly. Revenue from Operations declined by 42.5% Year-on-Year (YoY) from ₹1,374.65 lakh in Q1 FY26 to ₹790.79 lakh in Q1 FY27. The company reported a net loss of ₹138.25 lakh in Q1 FY27, compared to a net loss of ₹427.03 lakh in Q1 FY26. However, the loss narrowed sequentially from a net profit of ₹30.01 lakh in Q4 FY26.
Segment-wise Performance [₹ Lakh]:
| Segment | Segment Revenue (Q1 FY27) | Segment Revenue (Q4 FY26) | Segment Revenue (Q1 FY26) | Segment Results (PBT before finance costs) (Q1 FY27) |
| Greeting Cards | 114.86 | 133.88 | 117.76 | 28.12 |
| Stationery and Paper Bag | 299.69 | 434.28 | 831.89 | (59.86) |
| Gifts | 362.20 | 425.20 | 379.78 | (8.93) |
| Others | 8.68 | 12.96 | 22.73 | 2.14 |
| Total Segment Revenue | 785.43 | 1,006.32 | 1,352.16 | (38.53) |
Segment Analysis: All major segments (Greeting Cards, Stationery, Gifts) witnessed a YoY decline in revenue. The Stationery and Paper Bag segment was the largest contributor to the overall loss at the segment level (₹59.86 lakh loss). The Gifts segment also reported a loss of ₹8.93 lakh. Only the Greeting Cards and Others segments were profitable.
Corporate Actions:
Dividend: Not Specified
Other Corporate Actions:
1. Re-appointment of Chairman & Managing Director: The Board approved the re-appointment of Mr. Anil Moolchandani (DIN: 00022693) as Chairman and Managing Director for a further period of 2 years with effect from 28th August 2026, subject to shareholder approval. His proposed remuneration is "As per Agreement". He held 70,61,607 shares as of March 31, 2026.
2. Appointment of Independent Director: The Board appointed Mr. Anil Kumar Verma as an Additional (Non-Executive and Independent) Director for a period of 5 years with effect from 14th August 2026, subject to shareholder approval. His proposed remuneration is "As per Appointment Letter".
Other Significant Information:
Capital Employed: Total Capital Employed (Segment Assets - Segment Liabilities) stood at ₹12,378.90 lakh as of 30.06.2026, compared to ₹13,052.49 lakh as of 30.06.2025.
Notes to Accounts: The company notes that due to common manufacturing facilities, a reasonable allocation of Capital Employed to various segments is not presently practicable.