Board Meeting Details

  • Meeting Date: Tuesday, 26th May, 2026
  • Venue: 113, Park Street, 9th Floor, Kolkata - 700016
  • Commencement Time: 03:30 PM
  • Conclusion Time: 05:50 PM

Key Decisions Approved

1. Financial Results Approval

The Board approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, pursuant to Regulation 33 of SEBI Listing Regulations.

2. Reappointment of Whole-time Director

Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the reappointment of Mr. Dhruba Jyoti Dowerah (DIN: 07432518) as Whole-time Director for a further period of 3 years, effective from 12th August, 2026 to 11th August, 2029, subject to shareholder approval.

Detailed Financial Results

Standalone Financial Results (Rs. in Lakh)

Quarterly Performance (Q4 FY26)
  • Revenue from Operations: 1,114.13
  • Other Income: 284.49
  • Total Income: 1,398.62
  • Total Expenses: 3,360.16
  • Loss before tax: (1,961.54)
  • Tax Expenses: (66.37) deferred tax + 263.08 tax adjustment
  • Net Loss for quarter: (2,158.25)
  • Other Comprehensive Income: (1.61)
  • Total Comprehensive Income: (2,159.86)
  • Basic EPS: (69.62)
  • Diluted EPS: (69.62)
Full Year Performance (FY26)
  • Revenue from Operations: 14,226.48
  • Other Income: 517.97
  • Total Income: 14,744.45
  • Total Expenses: 15,474.22
  • Loss before tax: (729.77)
  • Tax Expenses: (109.56)
  • Net Loss for year: (8,832.90)
  • Other Comprehensive Income: (5.48)
  • Total Comprehensive Income: (8,807.70)
  • Basic EPS: (28.49)
  • Diluted EPS: (28.49)
  • Paid-up Equity Share Capital: 310.00 (Face Value Rs. 10 each)
  • Other Equity: 7,314.08
Comparative Figures (FY25)
  • Revenue from Operations: 13,431.26
  • Other Income: 1,562.05
  • Total Income: 14,993.31
  • Total Expenses: 14,941.46
  • Profit before tax: 51.85
  • Net Profit: 197.35
  • Basic EPS: 6.37
  • Diluted EPS: 6.37

Standalone Cash Flow Statement (FY26)

  • Cash from Operating Activities: (629.98)
  • Cash from Investing Activities: (702.57)
  • Cash from Financing Activities: 1,785.33
  • Net Increase in Cash: 452.78
  • Cash at beginning: 473.36
  • Cash at end: 926.14

Consolidated Financial Results (Rs. in Lakh)

Quarterly Performance (Q4 FY26)
  • Revenue from Operations: 4,371.70
  • Other Income: 221.28
  • Total Income: 4,592.98
  • Total Expenses: 6,324.54
  • Loss before tax: (1,731.56)
  • Net Loss for quarter: (2,050.52)
  • Total Comprehensive Income: (2,046.84)
  • Basic EPS: (67.11)
Full Year Performance (FY26)
  • Revenue from Operations: 28,312.26
  • Other Income: 491.22
  • Total Income: 28,803.48
  • Total Expenses: 28,560.16
  • Profit before tax: 243.32
  • Net Loss: (193.85)
  • Total Comprehensive Income: (178.66)
  • Basic EPS: (12.71)
  • Paid-up Equity Share Capital: 310.00
  • Other Equity: 13,405.20
Segment-wise Performance (FY26)
  • Tea Segment Revenue: 14,220.79
  • Paper Sacks Revenue: 8,656.21
  • Flexible Laminates Revenue: 5,435.26
  • Total Revenue: 28,312.26

Audit Opinion

Statutory auditors M/s. Salarpuria & Partners, Chartered Accountants issued unmodified opinions on both standalone and consolidated financial results, confirming compliance with Ind AS 34 and SEBI Listing Regulations.

Labour Code Impact

The Company accounted for additional gratuity of Rs 1.19 lakh (standalone) and Rs 6.51 lakh (consolidated) as past service cost due to revised definition of wages under new Labour Codes effective November 2025.

Director Reappointment Details

  • Name: Mr. Dhruba Jyoti Dowerah (DIN: 07432518)
  • Term: 3 years from 12th August, 2026 to 11th August, 2029
  • Profile: Bachelor's degree in Agriculture, over 30 years with company, currently President-Tea Division
  • No relationships with other directors
  • Not debarred from directorship