The Board inter alia considered and approved the Unaudited Financial Statements and its Independent Auditor Report for the period ended June 30, 2026. The financial results were first reviewed by the Audit Committee and thereafter approved by the Board.
The company enclosed copies of the following documents:
1. Statement showing the Unaudited Financial Statements including Statement of Assets and Liabilities, Profit and Loss Statement and Cash Flow Statement for the period ended June 30, 2026.
2. Independent Auditor's Report on the financial statements of the Company issued by the Statutory Auditors pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Additionally, the board accepted a proposal to purchase a company to expand the operations of the Company, though no specific details about the target company or transaction terms were disclosed.
Financial Results (Quarter Ended June 30, 2026)
All amounts are in Indian Rupees in lakhs
Income Statement Highlights:
- Revenue from operations: ₹451.79 lakhs (Q1 FY2027) vs ₹174.18 lakhs (Q1 FY2026) - 159% increase
- Other income: ₹0.30 lakhs
- Total revenue: ₹451.82 lakhs
- Cost of Raw Material consumed: ₹248.50 lakhs
- Employee benefits expense: ₹20.76 lakhs
- Depreciation expense: ₹3.91 lakhs
- Finance costs: ₹2.53 lakhs
- Profit before tax: ₹85.55 lakhs
- Current Tax: ₹31.89 lakhs
- Deferred Tax: ₹2.41 lakhs
- Profit for the year/quarter: ₹63.06 lakhs (Q1 FY2027) vs ₹44.41 lakhs (Q1 FY2026) - 49% increase
- Earnings per share (EPS) Basic and diluted: ₹4.21
- Nominal value of share: ₹10
- Weighted average number of shares: 1,49,76,000
Balance Sheet Highlights (as at June 30, 2026):
- Share capital: ₹149.76 lakhs
- Reserves and surplus: ₹649.96 lakhs
- Long term Borrowings: ₹334.27 lakhs
- Current liabilities: ₹346.74 lakhs
- Property, plant and equipment: ₹102.11 lakhs
- Inventories: ₹545.30 lakhs
- Trade receivables: ₹745.18 lakhs
- Cash and cash equivalents: ₹6.66 lakhs