Financial Performance Highlights (₹ in lakhs)

| Particulars | 2025-2026 | 2024-2025 | 2023-2024 |

| Turnover | 7,447.44 | 2,496.82 | 940.00 |

| PBIDT | 1,406.47 | 331.50 | 222.00 |

| Interest | 606.52 | 14.94 | 10.00 |

| PBDT | 799.95 | 316.56 | 212.00 |

| Depreciation | 543.80 | 71.90 | 2.00 |

| Taxation | (234.65) | 71.60 | 36.00 |

| PAT | 490.80 | 173.06 | 173.00 |

| Net Worth | 5,021.73 | 4,531.00 | 4,358.00 |

| Capital Expenditure | 5,804.41 | 3,948.00 | 6,000.00 |

| Book Value Per Share (₹) | 55.46 | 50.00 | 48.00 |

Detailed Financial Results (₹ in lakhs)

For year ended 31-03-2026:

  • Revenue from Operations: ₹7,44,745
  • Other Income: ₹11,187
  • Total Income: ₹7,55,931
  • Operating and Administrative Expenses: ₹6,69,625
  • Profit before Depreciation, Exceptional Items and Taxes: ₹86,307
  • Depreciation: ₹54,380
  • Exceptional Items: ₹6,311 (Net Gain on Sale of Land)
  • Profit before Tax: ₹25,615
  • Tax Expense: ₹23,465 (Current Tax: ₹4,561, Deferred Tax: ₹3,274, Income tax of Earlier Year: ₹48, MAT Credit Entitlement: ₹31,348)
  • Profit after Tax: ₹49,080
  • Earnings Per Share (Basic & Diluted): ₹5.42

Operations Update

Manufacturing operations commenced from 15th May 2026. Production during the period:

  • 45.39 lac meters Denim Fabric
  • 20.06 lac meters Other Fabric

Dividend Declaration

No dividend recommended for equity shares due to financial position of the Company.

Share Capital Structure

As on 31st March 2026:

  • Authorized Share Capital: ₹12,50,00,000 (1,24,90,000 Equity Shares of ₹10 each & 1,000 Preference Shares of ₹100 each)
  • Paid-up Equity Share Capital: ₹9,05,36,300 (90,53,630 equity shares of ₹10 each)
  • No change in share capital during financial year 2025-26
  • No buyback of equity shares, no ESOP, no further public offers, no fresh issue of shares

Board of Directors & Key Managerial Personnel

Current Board Composition:

1. Mr. Anshul Kothari - Managing Director (DIN: 02624500)

2. Mr. Ashok Kumar Kothari - Director (DIN: 00132801)

3. Mrs. Sushila Kothari - Director (DIN: 00132802)

4. Mrs. Chitra Naraniwal - Independent Director (DIN: 09077116)

5. Mr. Himanshu Jhamar - Independent Director (DIN: 09298746)

6. Ms. Shubhangi Janifer - Independent Director (DIN: 09125625)

Key Managerial Personnel:

  • Mr. Anshul Kothari - Managing Director
  • Mr. Bhopal Singh Choudhary - Chief Financial Officer
  • Ms. Anjali Jain - Company Secretary (w.e.f. 06-12-2025, A43429)
  • Ms. Ritu Jhamnani - Company Secretary (up to 11-10-2025, A74002)

Retirement by Rotation: Mr. Himanshu Jhamar (DIN: 09298746) retires by rotation and being eligible, offers himself for re-appointment.

Auditor Appointments

Statutory Auditors: M/s CLB & Associates (FRN: 124305W) appointed for 5 years until conclusion of 49th AGM. Issued unmodified opinion without qualifications.

Secretarial Auditor: M/s R.K. Jain & Associates (FCS 4584) appointed for secretarial audit. Noted minor non-compliance: Company did not submit Quarterly Compliance Certificate for maintenance of Structured Digital Database for quarters ended 30.06.2025 and 30.09.2025 under SEBI (Prohibition of Insider Trading) Regulations, 2015.

Internal Auditors: M/s R.S. Pokharna & Associates (FRN 008560C) appointed for FY 2026-2027.

Corporate Governance

  • Board met 5 times during FY 2025-26
  • All directors complied with DIR-3 KYC requirements
  • Company has constituted Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee
  • Whistle Blower Policy and Prevention of Insider Trading Policy in place
  • No material related party transactions requiring disclosure under Section 134(3)(h)

Financial Ratios

| Ratio | 2025-2026 | 2024-2025 |

| Current Ratio | 1.08 | 1.01 |

| Debt-Equity Ratio | 1.27 | 1.46 |

| Debt Service Coverage Ratio | 2.21 | 4.12 |

| Return on Equity Ratio | 10% | 4% |

| Trade Receivables Turnover Ratio | 7.66 | 16.71 |

| Inventory Turnover Ratio | 4.06 | 3.54 |

| Return on Capital Employed | 7% | 2% |

Legal and Regulatory Matters

Contingent Liability: Company involved in legal dispute regarding ₹61.47 lakh interest amount refund ordered by NCLT/NCLAT. Matter currently pending before Supreme Court of India.

Taxation: MAT Credit Entitlement of ₹31,348 recognized during the year.

AGM Details

45th Annual General Meeting: 24th September 2026 at 11:00 AM at Registered Office

Book Closure: 18th September 2026 to 24th September 2026 (both days inclusive)

Other Disclosures

  • No fraud reported by statutory auditors
  • No significant material orders passed by regulators/courts
  • No applications under Insolvency and Bankruptcy Code, 2016
  • No corporate social responsibility applicability under Section 135
  • 91.12% of equity shares held in dematerialized form
  • Email communication policy adopted for shareholder communications

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