Financial Performance Summary (FY 2025-26 vs FY 2024-25)

  • Revenue from Operations: ₹430.03 Cr (Previous: ₹421.44 Cr)
  • Total Income: ₹439.55 Cr (Previous: ₹446.65 Cr)
  • Total Expenses: ₹433.11 Cr (Previous: ₹443.25 Cr)
  • PBDIT: ₹41.42 Cr (Previous: ₹44.16 Cr)
  • Interest: ₹17.81 Cr (Previous: ₹20.81 Cr)
  • PBT: ₹6.44 Cr (Previous: ₹3.40 Cr)
  • Tax Expense: ₹1.07 Cr (Previous: ₹-2.00 Cr credit)
  • PAT: ₹5.37 Cr (Previous: ₹5.40 Cr)
  • EPS: ₹2.31 (Previous: ₹2.32)
  • Equity Share Capital: ₹11.65 Cr (unchanged)
  • Dividend: 0% (Previous: 0%; Last dividend was 10% in FY 2021-22)

Key Financial Position (as of March 31, 2026)

  • Total Assets: ₹342.18 Cr
  • Total Equity: ₹147.87 Cr
  • Reserves and Surplus: ₹136.22 Cr
  • Borrowings:
  • Non-current: ₹46.81 Cr
  • Current: ₹120.73 Cr
  • Trade Receivables: ₹113.09 Cr
  • Inventories: ₹117.27 Cr
  • Cash and Cash Equivalents: ₹0.33 Cr

Annual General Meeting (AGM) Details

  • 38th AGM Date: August 8, 2026 (Saturday)
  • Time: 11:30 AM
  • Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office at 19/22 & 27/30, Madhu Estate, Pandurang Budhkar Marg, Worli, Mumbai – 400 013
  • Business to be Transacted:

1. Adoption of audited standalone financial statements for FY 2025-26

2. Re-appointment of Mr. Aditya Biyani (DIN: 10304061) who retires by rotation

3. Special Business: Fixation of remuneration payable to Cost Auditors for FY 2026-27 at ₹50,000 plus out-of-pocket expenses

Board of Directors (as of March 31, 2026)

  • Mr. Arunkumar Biyani - Chairman (DIN:00016519)
  • Mr. Aman Biyani - Managing Director (DIN:09131437)
  • Mr. Aditya Biyani - Executive Director (DIN:10304061)
  • Mr. Ketan K. Patel - Independent Director (DIN:08607454)
  • Mrs. Mamta A. Biyani - Independent Director (DIN:01850136)
  • Mr. Pankaj Srivastava - Independent Director (DIN:06716582) - Resigned w.e.f. January 13, 2026
  • Mr. Suresh Narayan Nayak - Independent Director (DIN: 11588687) - Appointed w.e.f. March 17, 2026

Board Changes During FY 2025-26

  • Mr. Pankaj Srivastav ceased as Independent Director w.e.f. May 10, 2025 due to expiry of term
  • Mr. Pankaj Srivastav reappointed as Independent Director w.e.f. July 24, 2025
  • Mr. Pankaj Srivastav resigned w.e.f. January 13, 2026 due to pre-occupation
  • Mr. Suresh Narayan Nayak appointed as Independent Director w.e.f. March 17, 2026

Key Managerial Personnel Changes

  • Mr. Indrajit Kanase resigned as Company Secretary and Compliance Officer w.e.f. December 31, 2025
  • Mr. Subrat Shukla appointed as Company Secretary and Compliance Officer w.e.f. March 17, 2026
  • Mr. Sheetal Prashad Singhal continued as Chief Financial Officer

Credit Ratings (as of March 31, 2026)

  • Long Term Bank Loan Facility: 'CRISIL BBB-/Stable'
  • Short Term Bank Loan: 'CRISIL A3'
  • Fixed Deposits: 'CRISIL BBB-/Stable' (mentioned as 'FB-/Stable' in one section)

Fixed Deposits

  • Accepted and renewed during year: ₹14.81 Cr
  • Unpaid/unclaimed as at year-end: ₹0
  • No defaults in repayment of deposits or interest payment

Corporate Governance Highlights

  • Board met 9 times during FY 2025-26
  • Composition: 3 Executive Directors (including Chairman) and 3 Independent Directors
  • One instance of non-compliance with SEBI LODR regarding committee constitution resulted in fine by exchanges
  • CSR expenditure of ₹8.25 lakhs made towards animal welfare through Damodar Foundation

Registered Office and Contact Information

  • Address: 19/22 & 27/30, Madhu Estate, Pandurang Budhkar Marg, Worli, Mumbai – 400 013
  • Registrar & Share Transfer Agent: MUFG Intime India Private Limited
  • Plant Location: T-26, Add. Textile Park (MIDC Amravati), Amravati, Maharashtra - 444605

Shareholding Pattern (as of March 31, 2026)

  • Promoters: 70.17% (16,350,715 shares)
  • Public: 29.83% (6,949,285 shares)
  • Dematerialized Holdings: 98.97% of total equity capital
  • Physical Holdings: 1.03% of total equity capital

Foreign Exchange Transactions

  • Foreign exchange earned: ₹1,394.10 Cr
  • Foreign exchange used: ₹37.08 Cr

Audit Details

  • Statutory Auditors: M/s. Devpura Navlakha & Co., Chartered Accountants (FRN No. 121975W)
  • Secretarial Auditors: M/s. Pramod Jain and Co., Company Secretaries
  • Cost Auditors: M/s. Dilip M. Bathija, Cost Accountants
  • Internal Auditors: M/s. Krishna Gandhi & Co, Chartered Accountants

Important Dates

  • Book Closure: August 4, 2026 to August 8, 2026 (both days inclusive)
  • Cut-off date for e-voting: August 1, 2026
  • Remote e-voting period: August 5, 2026 (9:00 AM) to August 7, 2026 (5:00 PM)