The Board considered and approved the following items:
1. Audited Standalone Financial Results: The Board approved the Audited Standalone Financial Results for the fourth quarter and financial year ended March 31, 2026, along with the Cash Flow Statement, Statement of Assets and Liabilities, and the accompanying Auditors' Report, which contained an unmodified opinion. (Annex. A)
2. Declaration of Unmodified Opinion: A formal declaration was made regarding the unmodified audit opinion received on the Audited Standalone Financial Results for the year. (Annex. B)
3. Final Dividend Recommendation: The Board recommended a final dividend of ₹1.20 (Rupees One and Paise Twenty Only) per equity share, which is 12% on the face value of ₹10 per share, for the financial year 2025-26. This dividend declaration is subject to the approval of members at the ensuing Annual General Meeting (AGM). If declared, the dividend will be paid within 30 days from the conclusion of the AGM. The date of the AGM and the Record Date/Book Closure for this purpose will be communicated later.
4. Re-appointment of Internal Auditor: Based on the recommendation of the Audit Committee, the Board approved the re-appointment of M/s Agarwal Nikhil & Co., Chartered Accountants (Firm Registration No. 017613N), as the Internal Auditor of the Company for the financial year 2026-27. (Annex. C)
5. Re-appointment of Cost Auditor: On the recommendation of the Audit Committee, the Board approved the re-appointment of M/s S Chander & Associates, Cost Accountants (Firm Registration No. 100105), as the Cost Auditor of the company for the financial year 2026-27, along with their remuneration. The remuneration is subject to ratification by the shareholders at the ensuing General Meeting. (Annex. C)
The company will publish the Audited Standalone Financial Results in a newspaper in accordance with Regulation 47(1) of the listing regulations.
Detailed Financial Results (Standalone)
(All figures in ₹ Lakhs, except per share data)
Profit & Loss Statement
For the Quarter Ended March 31, 2026 (Q4 FY26):
- Total Income: ₹26,971.01
- Total Expenses: ₹25,865.81
- Cost of Materials Consumed: ₹22,976.34
- Employees Benefit Expenses: ₹574.06
- Finance Costs: ₹211.50
- Depreciation & Amortisation: ₹1,977.08
- Profit Before Tax: ₹1,105.20
- Total Tax Expense: ₹277.09
- Current Tax: ₹288.26
- Deferred Tax (Asset): (₹11.17)
- Profit for the Period (After Tax): ₹828.11
- Other Comprehensive Income (After Tax): (₹1.57)
- Total Comprehensive Income for the Period: ₹826.54
For the Financial Year Ended March 31, 2026 (FY26):
- Total Income: ₹95,887.80
- Total Expenses: ₹93,117.31
- Cost of Materials Consumed: ₹82,625.00
- Employees Benefit Expenses: ₹2,579.44
- Finance Costs: ₹978.34
- Depreciation & Amortisation: ₹7,129.43
- Profit Before Tax: ₹2,770.49
- Total Tax Expense: ₹706.16
- Current Tax: ₹745.74
- Deferred Tax (Asset): (₹39.58)
- Profit for the Year (After Tax): ₹2,064.33
- Other Comprehensive Income (After Tax): (₹10.93)
- Total Comprehensive Income for the Year: ₹2,053.40
Earnings Per Share (EPS) of face value ₹10 each:
- Basic & Diluted EPS (FY26): ₹15.88
- Basic & Diluted EPS (Q4 FY26): ₹6.39
Statement of Assets & Liabilities (Standalone) as at March 31, 2026
- Total Assets: ₹48,999.73 Lakhs
- Non-Current Assets: ₹10,469.92 Lakhs
- Property, Plant and Equipment: ₹7,578.26 Lakhs
- Right-of-Use Assets: ₹2,668.83 Lakhs
- Financial Assets (Security Deposit): ₹222.83 Lakhs
- Current Assets: ₹38,529.81 Lakhs
- Inventories: ₹11,648.19 Lakhs
- Trade Receivables: ₹21,939.74 Lakhs
- Cash and Cash Equivalents: ₹61.01 Lakhs
- Bank Balances (other than above): ₹2,527.51 Lakhs
- Other Current Assets: ₹2,157.38 Lakhs
- Total Equity and Liabilities: ₹48,999.73 Lakhs
- Equity: ₹20,172.85 Lakhs
- Equity Share Capital: ₹1,292.78 Lakhs
- Other Equity: ₹18,880.07 Lakhs
- Non-Current Liabilities: ₹3,268.39 Lakhs
- Borrowings: ₹2,331.83 Lakhs
- Lease Liabilities: ₹298.14 Lakhs
- Provisions: ₹276.71 Lakhs
- Deferred Tax Liabilities (Net): ₹354.56 Lakhs
- Current Liabilities: ₹25,558.49 Lakhs
- Borrowings: ₹7,613.01 Lakhs
- Lease Liabilities: ₹82.10 Lakhs
- Trade Payables: ₹14,623.84 Lakhs
- Dues to Micro & Small Enterprises: ₹472.51 Lakhs
- Dues to Other Creditors: ₹14,151.33 Lakhs
- Other Financial Liabilities: ₹851.36 Lakhs
- Provisions: ₹390.89 Lakhs
- Other Current Liabilities: ₹1,997.29 Lakhs
Cash Flow Statement (Standalone) for FY26
- Cash Flow from Operating Activities: ₹4,340.07 Lakhs (Net cash generated)
- Cash Flow from Investing Activities: (₹1,055.31) Lakhs (Net cash used)
- Cash Flow from Financing Activities: (₹3,240.30) Lakhs (Net cash used)
- Net Increase in Cash and Equivalents: ₹44.46 Lakhs
- Cash and Equivalents at year-end: ₹61.01 Lakhs
Notes to the Financial Results
- The results were reviewed by the Audit Committee and approved by the Board on May 28, 2026.
- The Statutory Auditors, M/s Alok Misra & Co., Chartered Accountants (FRN: 018734N), have issued an unmodified audit opinion.
- The results are prepared in accordance with Indian Accounting Standards (Ind AS).
- The company operates in a single segment.
- The Q4 figures are the balancing figures between the audited full-year and the published unaudited year-to-date figures up to Q3.
- There were no exceptional items for the reported periods.
- The results are available on the company's website (www.cordscable.com) and stock exchange websites.
- The company has no subsidiaries, associates, or joint ventures as of March 31, 2026.