Summary of Key Information:
Reporting Period: Fourth Quarter and Financial Year ended 31st March, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Dividend Recommendation
Date of Board Meeting / Approval: 27th May 2026 (Meeting duration: 11:00 a.m. to 2:40 p.m.)
Audit Opinion: Unmodified opinion for both standalone and consolidated financial results
Auditor's Comment: No qualifications or modifications affecting earnings quality, internal controls, or going concern
Key Financial Highlights [₹ Lakhs]
Standalone Results:
Quarter Ended 31.03.2026:
- Revenue from Operations: ₹12,730 lakhs (Q4 FY25: ₹11,060 lakhs, +15.1% YoY)
- Total Income: ₹12,820 lakhs (Q4 FY25: ₹12,154 lakhs)
- Net Profit: ₹1,259 lakhs (Q4 FY25: ₹913.8 lakhs, +37.8% YoY)
- EPS: ₹4.94 (Basic and Diluted)
Year Ended 31.03.2026:
- Revenue from Operations: ₹46,762 lakhs (FY25: ₹43,116 lakhs, +8.5% YoY)
- Total Income: ₹47,197 lakhs (FY25: ₹43,478 lakhs)
- Net Profit: ₹3,299 lakhs (FY25: ₹3,891 lakhs, -15.2% YoY)
- EPS: ₹13.23 (Basic and Diluted)
- Paid-up Equity Share Capital: ₹2,549 lakhs (Face value ₹1 each)
- Cash and Cash Equivalents: ₹17,044 lakhs (FY25: ₹10,335 lakhs)
- Total Debt: Short-term ₹49,322 lakhs + Long-term ₹152,479 lakhs = ₹201,801 lakhs
Consolidated Results:
Quarter Ended 31.03.2026:
- Revenue from Operations: ₹13,540 lakhs
- Total Income: ₹13,629 lakhs
- Net Profit: ₹1,326 lakhs
- EPS: ₹5.20 (Basic and Diluted)
Year Ended 31.03.2026:
- Revenue from Operations: ₹50,310 lakhs
- Total Income: ₹50,310 lakhs
- Net Profit: ₹3,673 lakhs
- EPS: ₹13.82 (Basic and Diluted)
- Paid-up Equity Share Capital: ₹2,549 lakhs
- Cash and Cash Equivalents: ₹24,032 lakhs
Segment-wise Performance [₹ Lakhs]:
Standalone Segment Performance (Q4 FY26):
- Automotive Glass: Revenue ₹93,343 lakhs, Segment Profit ₹10,507 lakhs
- Float Glass: Revenue ₹50,995 lakhs, Segment Profit ₹9,713 lakhs
- Others: Revenue ₹2,182 lakhs, Segment Loss ₹15 lakhs
Consolidated Segment Performance (Q4 FY26):
- Automotive Glass: Revenue not specified in segment table
- Float Glass: Revenue not specified in segment table
- Total Segment Results: ₹21,250 lakhs
Corporate Actions:
- Dividend: Recommended dividend of ₹2 per equity share (face value ₹1) for FY 2025-26
- Payment subject to shareholder approval at ensuing Annual General Meeting
Other Significant Information:
Subsidiary Merger:
- Four subsidiaries (AIS Glass Solutions Limited, GX Glass Sales & Services Limited, AIS Distribution Services Limited, and AIS Adhesives Limited) filed Composite Scheme of Arrangement before NCLT
- Approved by NCLT vide Order dated May 19, 2025 with Appointed Date April 01, 2023 and Effective Date July 01, 2025
- Merged into AIS Glass Solutions Limited (now called AIS Consumer Glass Solutions Limited)
- Name changed on November 19, 2025
- Impact considered in standalone and consolidated financials
Exceptional Items:
- Standalone: ₹654 lakhs (past service cost charge due to New Labour Codes implementation)
- Consolidated: ₹1,174 lakhs (₹720 lakhs for past service cost charge + ₹454 lakhs merger expenses)
- Classified as exceptional due to regulatory change and non-recurring nature
Entities in Consolidation:
Subsidiaries:
- AIS Consumer Glass Solutions Limited
- Integrated Glass Materials Limited
- Shield Auto Glass Limited
Associates:
- Fourvolt Solar Private Limited
- Under Par Sports Technologies Private Limited (up to March 30, 2026)
Assets and Liabilities Position (Standalone as at 31.03.2026):
- Total Assets: ₹7,71,631 lakhs
- Total Equity: ₹4,02,433 lakhs (Share Capital ₹2,549 lakhs + Other Equity ₹3,99,884 lakhs)
- Total Liabilities: ₹3,69,198 lakhs
Cash Flow Statement (Standalone FY26):
- Net Cash from Operating Activities: ₹45,351 lakhs
- Net Cash used in Investing Activities: ₹(63,041) lakhs
- Net Cash from Financing Activities: ₹24,399 lakhs
- Net Increase in Cash: ₹6,709 lakhs