1. Audited Financial Results

The Board approved the Audited Financial Results for the quarter and financial year ended 31st March 2026, along with the Cash Flow Statement and Statement of Assets & Liabilities. The statutory auditors, M/s B S R and Co., LLP, Chartered Accountants, provided an audit report with an unmodified opinion.

Financial Highlights (INR Crores, except per share data):

  • Revenue from operations: Q4 FY26: ₹455.63; FY26: ₹1,774.12 (FY25: ₹1,592.96)
  • Total Income: Q4 FY26: ₹461.68; FY26: ₹1,796.96 (FY25: ₹1,607.65)
  • Profit before tax: Q4 FY26: ₹58.78; FY26: ₹202.17 (FY25: ₹163.94)
  • Profit for the year: Q4 FY26: ₹44.14; FY26: ₹150.09 (FY25: ₹121.18)
  • Earnings per share (Basic & Diluted): ₹4.91 for FY26 (FY25: ₹3.97)
  • Paid-up equity share capital: ₹152.80 crores (face value ₹5 each)
  • Other equity: ₹753.45 crores

2. Dividend Recommendation

The Board recommended a Final Dividend of ₹1.50 (One Rupee and Fifty Paisa) per equity share of face value ₹5 for FY 2025-26. This is subject to the approval of shareholders at the forthcoming 18th Annual General Meeting (AGM). If declared, the dividend will be paid within stipulated timelines.

3. Director Re-appointments

Based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, the Board approved the re-appointment of the following directors, subject to shareholder approval at the ensuing AGM:

  • Mr. Nikhil Aggarwal (DIN: 01877186) as Whole-time Director and CEO. His current term is liable to retire by rotation in December 2027.
  • Mr. Anil Kumar Chanana (DIN: 00466197) as a Non-Executive Independent Director for a second term of five consecutive years, from 1st September 2026 to 31st August 2031.
  • Mr. Nitin Savara (DIN: 09398370) as a Non-Executive Independent Director for a second term of five consecutive years, from 1st November 2026 to 31st October 2031.
  • Mrs. Madhumita Ganguli (DIN: 00676830) as a Non-Executive Independent Director for a second term of five consecutive years, from 1st September 2026 to 31st August 2031.
  • Mr. Jai Kumar Garg (DIN: 0743619) as a Non-Executive Independent Director for a second term of five consecutive years, from 2nd December 2026 to 1st December 2031.

Detailed profiles of the directors are provided in Annexure A. The disclosure confirms that none of the directors are related to each other, except that Mr. Nikhil Aggarwal is the son of Mr. Hari Krishan Agarwal.

4. Record Date for Dividend

The Board fixed 31st July 2026 as the Record Date for determining the entitlement of members for the payment of the final dividend.

5. 18th Annual General Meeting (AGM)

The 18th AGM of the Company is scheduled to be held on Thursday, 20th August 2026 through Video Conferencing/Other Audio-Visual Means. The notice and annual report will be sent in due course.

6. Appointment of Internal Auditors

The Board appointed M/s. Ernst & Young LLP as the Internal Auditors of the Company for carrying out the Internal Audit for the financial year 2026-27. A brief profile is attached as Annexure B.

7. Statutory Auditor's Declaration

A separate declaration confirms that the statutory auditors, M/s B S R & Co., have issued an audit report with an unmodified opinion on the Audited Financial Results for the year ended 31st March 2026, pursuant to Regulation 33(3)(d).

Additional Notes from Financial Statements:

  • The company operates in a single segment: "Footwear and its related products".
  • The company changed its inventory valuation method from FIFO to the weighted average method during the year. The impact of this change was not material.
  • The company has no subsidiaries, associates, or joint ventures.
  • The New Labour Codes effective from 21st November 2025 have had no material incremental accounting impact on the company.
  • The declaration confirms that none of the Directors are debarred from holding office pursuant to any SEBI order.