Board Meeting Details

The Board of Directors meeting was held on Tuesday, July 28, 2026, commencing at 12:00 noon and concluding at 1:28 p.m. (IST). The financial results were approved during this meeting after being reviewed and recommended by the Audit Committee.

Key Financial Figures (Standalone - Rs. in Lacs)

Income Statement Highlights:

  • Total Income: ₹56,278 lacs for Q1 FY27 (compared to ₹49,458 lacs in Q4 FY26 and ₹41,516 lacs in Q1 FY26)
  • Profit before exceptional items and tax: ₹7,934 lacs for Q1 FY27 (compared to ₹5,127 lacs in Q4 FY26 and ₹1,901 lacs in Q1 FY26)
  • Profit before tax: ₹7,934 lacs for Q1 FY27 (compared to ₹5,307 lacs in Q4 FY26 and ₹1,901 lacs in Q1 FY26)
  • Profit after tax: ₹6,131 lacs for Q1 FY27 (compared to ₹3,991 lacs in Q4 FY26 and ₹1,535 lacs in Q1 FY26)
  • Total Comprehensive Income: ₹6,280 lacs for Q1 FY27 (compared to ₹3,540 lacs in Q4 FY26 and ₹1,768 lacs in Q1 FY26)

Expense Breakdown (Q1 FY27):

  • Cost of materials consumed: ₹37,092 lacs
  • Purchases of Stock-in-Trade: ₹86 lacs
  • Changes in Inventories: (₹4,624) lacs
  • Employee Benefits Expense: ₹3,409 lacs
  • Power and Fuel: ₹5,647 lacs
  • Finance Costs: ₹46 lacs
  • Depreciation and Amortization: ₹1,442 lacs
  • Other Expenses: ₹5,246 lacs

Tax Expense (Q1 FY27):

  • Current Tax: ₹1,877 lacs
  • Excess/Short Provision of Tax relating to earlier years: (₹74) lacs

Key Financial Figures (Consolidated - Rs. in Lacs)

  • Total Income: ₹56,278 lacs for Q1 FY27
  • Profit before exceptional items and tax: ₹7,973 lacs for Q1 FY27
  • Profit before tax: ₹7,973 lacs for Q1 FY27 (includes share in profit of associate: ₹39 lacs)
  • Profit after tax: ₹6,170 lacs for Q1 FY27
  • Total Comprehensive Income: ₹6,319 lacs for Q1 FY27

Capital Structure

  • Paid-up Equity Share Capital: ₹2,185 lacs (face value of ₹10 each) remained unchanged across all periods
  • Basic & Diluted EPS (Standalone): ₹28.06 for Q1 FY27 (compared to ₹18.26 in Q4 FY26 and ₹7.02 in Q1 FY26)
  • Basic & Diluted EPS (Consolidated): ₹28.24 for Q1 FY27 (compared to ₹18.03 in Q4 FY26 and ₹7.04 in Q1 FY26)

Legal and Regulatory Matters

Excise Duty Dispute:

The Excise Department issued an order dated December 31, 2013, denying applicability of Notification No. 6/2000 dated March 1, 2000, and raised a demand of ₹22,927 lacs plus interest and penalty equivalent to duty demand amount.

Case History:

  • CESTAT order dated December 20, 2019: Upheld denial of notification and remanded matter to Central Excise Department for redetermination
  • Commissioner, CGST & Central Excise, Raigad redetermined assessable value and confirmed demand of ₹730 lacs (vs. original ₹22,927 lacs) plus interest and equal penalty vide order dated September 8, 2020
  • Department filed appeal against Commissioner's order before Appellate Tribunal
  • Company's appeal pending before Supreme Court of India
  • Company deposited ₹730 lacs under protest
  • Based on legal advice, no provision made in accounts as company believes it has fair chance of success

New Labour Code Impact:

During previous year ended March 31, 2026, the company recognized ₹186 lacs as "Statutory Impact of New Labour Codes" towards additional Gratuity, classified as past service cost, primarily due to revised definition of wages under the Labour Codes.

Auditor Review

KKC & Associates LLP (formerly Khimji Kunverji & Co LLP) conducted limited review of both standalone and consolidated financial results. Their report:

  • Contains emphasis of matter regarding the excise duty dispute
  • Notes that figures for three months ended March 31, 2026, are balancing figures between audited full-year figures and published unaudited year-to-date figures up to third quarter
  • Concludes that nothing came to their attention causing belief that the statements contain material misstatement

Entity Information

Consolidated results include Century Enka Limited (Parent) and AB Rel Century Energy Limited (Associate).