Financial Results Approval

The Board approved the Standalone Audited Financial Results for the half year and financial year ended March 31, 2026:

Income Statement Highlights (₹ in Lakhs):

  • Full Year FY26 (Audited): Revenue from Operations: ₹10,090.34; Other Income: ₹51.98; Total Income: ₹10,142.32; Total Expenses: ₹9,572.07; Profit Before Tax: ₹570.25; Total Tax Expense: ₹95.04; Profit from Continuing Operations: ₹475.21
  • Full Year FY25 (Audited): Revenue from Operations: ₹9,767.32; Other Income: ₹34.54; Total Income: ₹9,801.86; Total Expenses: ₹9,305.10; Profit Before Tax: ₹496.76; Total Tax Expense: ₹87.18; Profit from Continuing Operations: ₹409.58
  • Half Year FY26 H2 (Audited): Revenue from Operations: ₹5,172.57; Other Income: ₹41.87; Total Income: ₹5,214.44; Total Expenses: ₹4,999.89; Profit Before Tax: ₹214.55; Total Tax Expense: ₹27.88; Profit from Continuing Operations: ₹186.67
  • Half Year FY26 H1 (Unaudited): Revenue from Operations: ₹4,917.77; Other Income: ₹10.11; Total Income: ₹4,927.88; Total Expenses: ₹4,572.18; Profit Before Tax: ₹355.70; Total Tax Expense: ₹67.16; Profit from Continuing Operations: ₹288.54
  • Earnings Per Share (₹): FY26 Basic & Diluted: 3.40; FY25 Basic & Diluted: 3.74; H2 FY26 Basic & Diluted: 1.22; H1 FY26 Basic & Diluted: 2.27

Balance Sheet Highlights (₹ in Lakhs) as at March 31, 2026:

  • Total Assets: ₹11,110.15 (Previous Year: ₹9,526.31)
  • Non-Current Assets: ₹1,987.00 (Property, Plant & Equipment: ₹1,717.92; Intangible Assets: ₹0.98; Capital Work-in-Progress: ₹213.65; Non-Current Investments: ₹54.45)
  • Current Assets: ₹9,123.15 (Inventories: ₹5,189.34; Trade Receivables: ₹2,727.71; Cash and Bank Balance: ₹63.07; Short term loans and advances: ₹44.34; Other current assets: ₹758.69; Current Investment: ₹340.00)
  • Total Liabilities: ₹11,110.15
  • Equity: Reserves excluding revaluation reserves as per balance sheet of previous accounting year
  • Non-Current Liabilities: ₹6,346.65 (Long-term Borrowings: ₹4,763.50; Deferred Tax Liabilities: ₹75.87; Long-term Provisions: ₹200.00; Other Non-Current Liabilities: ₹1,307.28)
  • Current Liabilities: ₹4,763.50 (Short Term Borrowings: ₹850.37; Trade Payables: ₹2,479.12; Other Current liabilities: ₹1,975.69; Short Term provision: ₹181.59; Current Tax Liabilities [Net]: ₹127.13)

Cash Flow Statement (₹ in Lakhs) for Year Ended March 31, 2026:

  • Net Cash Flow from Operating Activities: (₹1,426.43)
  • Net Cash Flow from Investing Activities: (₹643.38)
  • Net Cash Flow from Financing Activities: ₹2,077.99
  • Net Increase/(Decrease) in Cash & Cash Equivalents: ₹8.18
  • Cash & Cash Equivalents at End of Year: ₹63.07 (Cash-in-Hand: ₹0.23; Balance in Current accounts: ₹0.22; Balance in Cash Credit accounts: ₹62.62)

Board Composition Changes

The Board approved the following changes to its composition:

Appointment: Mr. Manoj Kumar Rastogi (DIN: 11688193) as an Additional Director in the category of Non-Executive Independent Director, effective May 26, 2026. His appointment is for a period of 5 years, subject to shareholder approval at the ensuing Annual General Meeting. The company confirmed that Mr. Rastogi satisfies independence criteria under the Companies Act, 2013 and SEBI Listing Regulations and is not debarred from holding director office.

Resignation: Mr. Rahul Hareshbhai Modi (DIN: 09483841) resigned as Non-Executive Independent Director of the Company, effective May 26, 2026.

Committee Reconstitution

The Board reconstituted the Nomination and Remuneration Committee with the following members:

  • Mr. Virendra Khandelwal (Independent Director) - Chairperson
  • Mr. Manoj Kumar Rastogi (Independent Director) - Member
  • Ms. Sona Bachani (Independent Director) - Member

Meeting Details

The Board meeting commenced at 4:30 PM and concluded at 5:30 PM on May 26, 2026.