Financial Performance Highlights

  • Total Income: ₹11,640.02 lakh (FY26) vs ₹18,417.22 lakh (FY25) - decline of 36.8%
  • Revenue from Operations: ₹11,361.35 lakh (FY26) vs ₹17,847.71 lakh (FY25) - decline of 36.3%
  • Export Revenue: ₹8,169.83 lakh (FOB value on realization basis)
  • Profit Before Tax: ₹1,076.74 lakh (FY26) vs ₹2,050.10 lakh (FY25) - decline of 47.5%
  • Profit After Tax: ₹848.25 lakh (FY26) vs ₹1,596.04 lakh (FY25) - decline of 46.9%
  • Basic EPS: ₹5.32 (FY26) vs ₹10.02 (FY25)
  • No dividend recommended for FY 2025-2026

Key Operational Metrics

  • Foreign Exchange Earnings: ₹7,975.41 lakh (net)
  • Foreign Exchange Outgo: ₹194.42 lakh (stores/spares ₹12.08 lakh, foreign travelling ₹67.34 lakh, packing material ₹115.00 lakh)
  • Inventory Value: ₹4,045.14 lakh (raw materials ₹883.17 lakh, stock-in-progress ₹1,673.20 lakh, finished goods ₹1,317.52 lakh)
  • Trade Receivables: ₹2,433.53 lakh

Capital Structure

  • Paid-up Capital: ₹1,593.23 lakh (15,932,311 equity shares of ₹10 each) - unchanged from previous year
  • Reserves and Surplus: ₹7,894.51 lakh
  • Total Equity: ₹9,487.74 lakh

Borrowings and Debt

  • Long-term Borrowings: ₹1,474.18 lakh (secured term loans ₹1,064.73 lakh, unsecured directors' loans ₹409.45 lakh)
  • Short-term Borrowings: ₹4,076.82 lakh (packing credit ₹3,656.30 lakh, foreign bills discounted ₹65.09 lakh, current maturities of long-term debt ₹355.42 lakh)
  • Credit Rating: CRISIL BBB-/Stable for long-term, CRISIL A3 for short-term on ₹80 crore bank facilities

AGM Details

  • 43rd Annual General Meeting: September 29, 2026 at 4:00 PM IST through Video Conferencing/Other Audio-Visual Means
  • Business Items:

1. Adoption of audited financial statements for FY 2025-26

2. Re-appointment of Ms. Noor Gupta (retiring by rotation)

3. Special resolution: Appointment of Ms. Noor Gupta as Whole-Time Director for 3 years from September 1, 2027 at monthly remuneration of ₹2,50,000 plus perquisites

4. Ordinary resolution: Continuation of Mr. Abhinav Gupta as Non-Executive Director for 5 years from September 30, 2026

  • Record Date: September 22, 2026
  • Book Closure: September 23, 2026 to September 29, 2026

Board and Management Changes

  • Mr. Anil Aggarwal (Non-Executive Independent Director) ceased on September 30, 2025 due to completion of second term
  • Ms. Parul Aggarwal appointed as Independent Director effective October 1, 2025
  • Mr. Naresh Kumar Aggarwal reappointed as Non-Executive Independent Director for second term effective February 27, 2026
  • Mr. Suneel Gupta reappointed as Managing Director effective January 9, 2026
  • Dr. (Mrs.) Sangeeta Gupta reappointed as Whole-Time Director effective May 1, 2026

Corporate Governance

  • Board Composition: 8 Directors (3 Executive Promoter, 1 Non-Executive Promoter, 4 Independent Directors including 2 women)
  • Board Meetings: 7 meetings held during FY 2025-26
  • Key Committees: Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, CSR Committee
  • Whistleblower Policy: Implemented, no complaints received during FY 2025-26

CSR Activities

  • CSR Obligation: ₹25.46 lakh (2% of average net profit)
  • Amount Spent: ₹25.46 lakh on promoting education through D-Cacus Foundation (CSR00004860) in Manipur
  • CSR Committee: Comprises Mr. Sanjay Arora (Chairman), Ms. Divya Monga, Mr. Naresh Kumar Aggarwal, Ms. Parul Aggarwal, Mr. Suneel Gupta

Related Party Transactions

  • Outstanding unsecured loans from directors: ₹409.45 lakh (converted to equity during previous year)
  • No material related party transactions requiring disclosure in Form AOC-2

Contingent Liabilities

  • GST Demands: ₹45.98 lakh for FY 2018-19 and ₹110.58 lakh for FY 2019-20 - appeals pending
  • Insurance Claim: ₹80 lakh claim filed against Oriental Insurance Company - case pending
  • ROSL Benefits: ₹111.46 lakh claim for FY 2017-18 - writ petition pending in Chandigarh High Court
  • Provident Fund: ₹22.05 lakh interest demand - case pending, full provision made

Other Significant Disclosures

  • Plant Location: Behrampur Road, Village Khandsa, Gurugram, Haryana
  • Bankers: Bank of Baroda
  • Registrar and Transfer Agent: MUFG Intime India Private Limited
  • Credit Period Availed: Mostly 30-60 days from suppliers
  • Employee Strength: 265 employees (247 male, 18 female)
  • Foreign Exchange Risk: Managed through hedging policy; significant exposure to USD fluctuations
  • Internal Financial Controls: Adequate and operating effectively as per auditor's report