Key Quantitative Figures - Financial Results (Standalone)

For the Quarter Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹25,374 lakhs
  • Other Income: ₹231 lakhs
  • Total Income: ₹25,605 lakhs
  • Total Expenses: ₹22,293 lakhs
  • Profit Before Exceptional Items and Tax: ₹3,312 lakhs
  • Exceptional Items: ₹505.30 lakhs (Note: Impairment of capital work in progress for a metallisation project)
  • Profit Before Tax: ₹2,806.70 lakhs
  • Tax Expense: ₹-500.99 lakhs (Current Tax: ₹213.40 lakhs; Deferred Tax: ₹-73.41 lakhs)
  • Profit for the Period: ₹3,307.55 lakhs
  • Other Comprehensive Income: ₹246.90 lakhs
  • Total Comprehensive Income for the Period: ₹3,554.45 lakhs
  • Basic and Diluted EPS: ₹42.24

For the Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹85,540.50 lakhs
  • Other Income: ₹754.09 lakhs
  • Total Income: ₹86,294.59 lakhs
  • Total Expenses: ₹73,685.38 lakhs
  • Profit Before Exceptional Items and Tax: ₹12,609.21 lakhs
  • Exceptional Items: ₹505.20 lakhs
  • Profit Before Tax: ₹12,103.99 lakhs
  • Tax Expense: ₹-704.39 lakhs (Current Tax: ₹328.40 lakhs; Deferred Tax: ₹-1,032.79 lakhs)
  • Profit for the Year: ₹12,506.00 lakhs
  • Other Comprehensive Income: ₹301.00 lakhs
  • Total Comprehensive Income for the Year: ₹12,896.10 lakhs
  • Basic and Diluted EPS: ₹159.70

Key Quantitative Figures - Balance Sheet (Standalone as at March 31, 2026)

Assets:

  • Non-Current Assets: ₹4,271.60 lakhs
  • Current Assets: ₹20,516.23 lakhs
  • Total Assets: ₹24,787.83 lakhs

Equity and Liabilities:

  • Share Capital: ₹783.00 lakhs
  • Other Equity: ₹16,419.75 lakhs
  • Total Equity: ₹17,202.75 lakhs
  • Non-Current Liabilities: ₹540.14 lakhs
  • Current Liabilities: ₹7,044.94 lakhs
  • Total Liabilities: ₹7,585.08 lakhs

Key Quantitative Figures - Cash Flow (Standalone for Year Ended March 31, 2026)

  • Net Cash Flow from Operating Activities: ₹2,852.57 lakhs
  • Net Cash Flow from Investing Activities: ₹-341.32 lakhs
  • Net Cash Flow from Financing Activities: ₹-1,102.62 lakhs
  • Net Increase in Cash and Equivalents: ₹1,408.63 lakhs
  • Cash and Equivalents at End of Period: ₹1,413.66 lakhs

Dividend Recommendation

The Board of Directors has recommended a final dividend of 80% (₹8 per equity share of ₹10 face value) for the financial year ended March 31, 2026. This is subject to the approval of the members in the ensuing Annual General Meeting.

Director Appointments and Continuations

1. Appointment of Mr. Rajesh Jacob (DIN: 06443594): Appointed as a Nominee Director with effect from May 28, 2026. He is not liable to retire by rotation. The appointment is subject to shareholder approval. His profile states he is a CMA working as DGM (F&A) and CCO in KSIDC with over 25 years of experience handling Project Finance and Recovery.

2. Continuation of Mr. Mathew M Cherian (DIN: 01265695): The Board approved the continuation of Mr. Cherian as a Non-Executive Director after he attains the age of 75 years on September 7, 2026. He is liable to retire by rotation, and this continuation is subject to shareholder approval. His profile states he is a promoter of the company, a diploma holder in Management, and engaged in Hotels, Restaurants, export, import, and international trade. He is also the Chairman and Managing Director of Naduvile Idom Hospitality Private Limited. A disclosure of relationship between directors notes that Mr. Nabiel Mathew Cherian, a Non-Executive Director, is his son.

Audit Report

The Independent Auditor's Report, issued by Sagesh Kumar & Associates, provides an unmodified opinion on the standalone financial results. They confirm the statement is presented in accordance with SEBI LODR Regulations and gives a true and fair view in conformity with Indian Accounting Standards (Ind AS). The audit was conducted in accordance with Standards on Auditing.

Notes to Financial Results

  • Segmental Reporting is not applicable as the company has only one segment.
  • An exceptional item of ₹505.20 lakhs relates to the impairment of capital work in progress for a long-suspended metallisation project due to a short supply of raw material (ilmenite). The company does not expect future economic benefits, and the recoverable value is considered negligible.
  • The company has adopted Indian Accounting Standards (Ind AS) from April 1, 2017.
  • Previous period figures have been regrouped wherever necessary.

Meeting Details

The Board meeting commenced at 12:00 PM and concluded at 4:30 PM on May 28, 2026.