Key Quantitative Figures

Financial Performance (Standalone FY26 vs FY25):

  • Revenue from operations: ₹84.67 crore (FY26) vs ₹112.91 crore (FY25)
  • Operating profit: ₹7.06 crore (FY26) vs ₹6.64 crore (FY25)
  • Operating profit margin: 8.34% (FY26) vs 5.88% (FY25) - improvement of 246 basis points
  • Profit before tax: ₹4.79 crore (FY26) vs ₹5.97 crore (FY25)
  • Profit after tax: ₹3.39 crore (FY26) vs ₹4.31 crore (FY25)
  • Other income: ₹2.21 crore (FY26) vs ₹1.42 crore (FY25)
  • Finance costs: ₹1.58 crore (FY26) vs ₹1.30 crore (FY25)

Capital Structure:

  • Authorized capital: ₹10.00 crore (200,00,000 equity shares of ₹5 each)
  • Issued, subscribed and paid-up capital: ₹4.74 crore (94,70,314 equity shares of ₹5 each)
  • During FY26, allotted 10,02,440 equity shares on 20-Jan-2026 to warrant holders

Other Financial Data:

  • Total assets: ₹136.20 crore (FY26) vs ₹68.36 crore (FY25)
  • Inventories: ₹15.68 crore (FY26) vs ₹6.92 crore (FY25)
  • Trade receivables: ₹63.76 crore (FY26) vs ₹48.16 crore (FY25)
  • Cash and cash equivalents: ₹3.58 crore (FY26) vs ₹2.53 crore (FY25)
  • Borrowings: ₹16.66 crore (FY26) vs ₹9.38 crore (FY25)
  • Trade payables: ₹32.47 crore (FY26) vs ₹23.72 crore (FY25)

Subsidiary Performance (Magnus Asia Private Limited):

  • Share capital including reserves: ₹6.18 crore
  • Total assets: ₹17.13 crore
  • Turnover: ₹2.43 crore
  • Profit after tax: ₹0.01 crore
  • Company holding: 88.25%

Dates of Action

  • AGM Date: 29-Sep-2026 at 01:30 PM through Video Conference/OAVM
  • Record date for e-voting: 22-Sep-2026
  • Book closure: 23-Sep-2026 to 29-Sep-2026 (both days inclusive)
  • Financial year: 01-Apr-2025 to 31-Mar-2026
  • Director retiring by rotation: Mr. Vikrant Khandelwal (DIN:01914756)

Parties Involved

Board of Directors:

  • Mr. Madan Lal Khandelwal (Chairman and Managing Director, DIN:00414717)
  • Mr. Vikrant Khandelwal (CFO and Executive Director, DIN:01914756)
  • Mrs. Radhika Khandelwal (Non-Executive Non-Independent Director, DIN:00414678)
  • Mr. Navneet Khandelwal (CEO and Executive Director, DIN:00414636)
  • Mrs. Rekha Sharma (Non-Executive Independent Director, DIN:09260368)
  • Mr. Govind Sharan Khandelwal (Non-Executive Independent Director, DIN:09519474)
  • Mr. Shambhu Lal Gupta (Non-Executive Independent Director, DIN:10749486)
  • Mr. Ravi Jain (Non-Executive Independent Director, DIN:10750509)

Auditors:

  • Statutory Auditors: R.P Khandelwal & Associates (FRN: 001795C), appointed till 41st AGM
  • Secretarial Auditor: CS Trishla Gupta, Practicing Company Secretary
  • Internal Auditor: Mr. Jitendra Shari, Chartered Accountant

Other Service Providers:

  • Registrar & Transfer Agent: Beetal Financial & Computer Services Pvt. Ltd
  • Bankers: HDFC Bank Limited

Business Segments and Strategy

Core Business Verticals:

1. Lubricants and Petroleum Products: Manufacturing under 'CONTOL' brand for automotive and industrial applications

2. EPC (Power) Business: Power distribution, transmission, electrification and infrastructure projects

3. Hazardous Waste Management: Incineration facility at Behror, Rajasthan

Strategic Focus:

  • Target 25% YoY topline growth through organic expansion and market penetration
  • Focused investments in waste management infrastructure expansion
  • Strengthening EPC order book with disciplined project selection
  • Emphasis on branded products, industrial customers, and export markets

Capital Structure Impact

  • Increase in share capital due to allotment of 10,02,440 equity shares
  • No dividend declared for FY26
  • No amount transferred to reserves

Corporate Governance

  • Board met 10 times during FY26
  • All mandatory committees constituted (Audit, Nomination & Remuneration, Stakeholders Relationship)
  • Whistle Blower Policy and Vigil Mechanism in place
  • No instances of fraud reported by auditors
  • No material related party transactions requiring shareholders' approval

Forward-looking Statements

  • Company targets 25% annual growth YoY in topline
  • Plans to expand waste management & environmental services infrastructure
  • Intent to strengthen EPC order book
  • Focus on three growth engines: lubricants, power EPC, and environmental services