Board Meeting Details

The Board of Directors meeting was held on 11th August, 2026 at the registered office. The meeting commenced at 11:30 AM and concluded at 1:00 PM.

Financial Results Summary (Q1 FY27 ended 30 June 2026)

Income Statement (₹ in Lakhs)

  • Revenue from operations: ₹5,256.93
  • Other income: ₹12.35
  • Total Income: ₹5,269.28
  • Cost of materials consumed: ₹4,044.12
  • Changes in inventories: (₹535.33) [negative indicating decrease]
  • Employee benefits expense: ₹634.79
  • Finance costs: ₹33.51
  • Depreciation and amortization expense: ₹51.40
  • Other expenses: ₹780.50
  • Total Expenses: ₹5,008.99
  • Profit before tax: ₹260.28
  • Tax expense: ₹63.67
  • Current tax: ₹63.67
  • Deferred tax: ₹0.09
  • Profit for the year from continuing operations: ₹196.52
  • Other Comprehensive Income: (₹6.46)
  • Total Comprehensive Income for the year: ₹190.08

Comparative Performance

Quarter ended 30.06.2026 vs 30.06.2025:

  • Revenue increased from ₹4,023.42 to ₹5,256.93 (30.7% growth)
  • Net profit increased from ₹157.17 to ₹196.52 (25.0% growth)
  • Basic EPS increased from ₹1.57 to ₹1.96

Year-to-date comparison with FY26 annual figures:

  • FY26 annual revenue: ₹16,975.44
  • FY26 annual net profit: ₹553.86

Capital Structure

  • Paid-up Equity Share Capital: ₹1,002.99 lakhs (face value ₹10 per share)
  • Other Equity: ₹2,888.59 lakhs (as of 31.03.2026)

Earnings Per Share

  • Basic EPS: ₹1.96
  • Diluted EPS: ₹1.96

Key Notes to Financial Results

1. The unaudited results were reviewed by the Audit Committee and taken on record at the Board meeting on 11.08.2026.

2. Financial results prepared in accordance with Indian Accounting Standards (IND AS) as notified by Ministry of Corporate Affairs and Regulation 33 of SEBI LODR Regulations.

3. The company operates in one business segment (tyres and tubes), hence segment information not required under IND AS 108.

4. Figures for quarter ended 31 March 2026 are balancing figures between audited full-year figures and published year-to-date figures up to third quarter.

5. Previous period figures have been regrouped/reclassified where necessary.

6. The Board has recommended nil dividend.

Auditor's Review

Goyal Sanjay & Associates, Statutory Auditors, issued a limited review report stating:

  • Review conducted under Standard on Review Engagement (SRE) 2410
  • Based on their review, nothing came to their attention causing belief that the statement contains material misstatement
  • The statement prepared in accordance with IND AS 34 and Regulation 33 of SEBI LODR Regulations
  • Review provides moderate assurance, less than a full audit