AGM Details

  • Date of AGM: Thursday, September 10, 2026
  • Time: 12:00 Noon (IST)
  • Venue: Plot No. 180, Sector-24, Faridabad, Haryana 121005
  • Cut-off Date for Voting: Thursday, September 3, 2026
  • Remote E-voting Period: Monday, September 7, 2026 (9:00 AM) to Wednesday, September 9, 2026 (5:00 PM)

Business Items for AGM

Ordinary Business:

  • Adoption of audited standalone financial statements for FY ended March 31, 2026
  • Adoption of audited consolidated financial statements for FY ended March 31, 2026

Special Business:

  • Appointment of M/s Yogita Bhatia & Associates as Secretarial Auditor for 5 years (FY 2026-27 to 2030-31) at a fee of ₹1,00,000 plus applicable taxes

Financial Performance Highlights (Standalone)

FY 2025-26 Performance:

  • Revenue from Operations: ₹80.04 crore (30% growth YoY)
  • Profit Before Tax: ₹5.92 crore (53% growth YoY)
  • Profit After Tax: ₹4.00 crore (14% growth YoY)
  • Earnings Per Share: ₹7.26

FY 2024-25 Comparison:

  • Revenue from Operations: ₹61.76 crore
  • Profit Before Tax: ₹3.87 crore
  • Profit After Tax: ₹3.51 crore
  • Earnings Per Share: ₹6.82

Key Financial Ratios (Standalone)

  • Debtors Turnover: 6.17 (FY25: 8.04)
  • Inventory Turnover: 3.42 (FY25: 5.96)
  • Interest Coverage Ratio: 7.57 (FY25: 4.73)
  • Current Ratio: 1.82 (FY25: 1.04)
  • Debt Equity Ratio: 0.28 (FY25: 1.12)
  • Operating Profit Margin: 8.52% (FY25: 7.95%)
  • Net Profit Margin: 5.00% (FY25: 5.70%)

Capital Structure

  • Authorized Share Capital: ₹15.00 crore (1,50,00,000 equity shares of ₹10 each)
  • Issued, Subscribed and Paid-up Capital: ₹7.02 crore (70,24,420 equity shares of ₹10 each)
  • IPO: Company issued 18,60,800 equity shares via IPO
  • No dividend declared for FY 2025-26

Operational Highlights

  • Manufacturing Facilities: Two plants in Faridabad, Haryana (Plant 1: Sector 71; Plant 2: Sector 24)
  • Employee Strength: 400-500 employees as of March 31, 2026
  • Product Portfolio: Rubber hoses, railway air brake hoses, silicone hoses, hydraulic hoses, rubber profiles, rubber extrusions, precision rubber components
  • Key Customers: Tier-1 automotive suppliers, OEMs, Indian Railways

Strategic Direction

  • Vision 2030: Target of 30% of total revenue from exports
  • Growth Strategy: Focus on automotive, railways, defence, industrial engineering, and export markets
  • Manufacturing Expansion: Investments in technology, automation, and process improvement

Subsidiary Information

  • Impex Hi-Tech Rubber Private Limited: Wholly-owned subsidiary
  • Subsidiary Financials (FY26): Revenue: ₹21.37 lakh, PAT: ₹0.35 lakh
  • Investment in Subsidiary: ₹89.10 lakh

Corporate Governance

  • Board of Directors: 7 members including 4 independent directors
  • Key Managerial Personnel: Mr. Vivek Aggarwal (Managing Director), Mr. Abhishek Aggarwal (Director/CFO), Mr. Vaibhav Sharma (Company Secretary)
  • Board Meetings: 12 meetings held during FY 2025-26
  • Committees: Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee

Auditors

  • Statutory Auditors: M/s Shiv & Associates, Chartered Accountants
  • Secretarial Auditor: M/s Yogita Bhatia & Associates, Company Secretaries
  • Internal Auditor: Mr. Amit Kumar Aggarwal

Forward-Looking Statements

Management highlighted opportunities in:

  • Infrastructure development and railway modernization
  • Automotive industry growth and increasing localization
  • Defence manufacturing under Atmanirbhar Bharat initiative
  • Global supply chain diversification and export opportunities