Key Decisions Approved

The Board of Directors approved three main items:

1. Audited Standalone Financial Results for the quarter and year ended March 31, 2026

2. Recommended Final Dividend of ₹1 per share (10%) for Financial Year 2025-26

3. Appointment of M/s. Khoda Rupareliya & Co. as Internal Auditor for FY 2026-27

Financial Results Overview

For Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹715.37 lakh
  • Other Income: ₹55.34 lakh
  • Total Income: ₹770.71 lakh
  • Profit Before Tax: ₹252.96 lakh
  • Total Tax Expense: ₹70.74 lakh (Current Tax: ₹56.03 lakh, Deferred Tax: ₹12.71 lakh, Tax in respect of earlier years: ₹2.00 lakh)
  • Profit for the Period: ₹182.22 lakh
  • Other Comprehensive Income: ₹25.43 lakh
  • Total Comprehensive Income: ₹207.65 lakh
  • Basic EPS: ₹6.02 (for continuing operations)

For Quarter Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹173.27 lakh
  • Other Income: ₹2.86 lakh
  • Total Income: ₹176.13 lakh
  • Profit Before Tax: ₹82.69 lakh
  • Total Tax Expense: ₹20.88 lakh
  • Profit for the Period: ₹61.81 lakh
  • Basic EPS: ₹2.04

Comparative Figures (Year Ended March 31, 2025 - Audited):

  • Revenue from Operations: ₹726.53 lakh
  • Other Income: ₹4.06 lakh
  • Total Income: ₹730.59 lakh
  • Profit Before Tax: ₹204.15 lakh
  • Total Tax Expense: ₹45.58 lakh
  • Profit for the Period: ₹158.57 lakh
  • Basic EPS: ₹5.24

Balance Sheet Position (as at March 31, 2026)

  • Total Assets: ₹772.47 lakh
  • Non-current Assets: ₹447.18 lakh
  • Current Assets: ₹325.29 lakh
  • Total Equity: ₹499.62 lakh (Equity Share Capital: ₹302.85 lakh, Other Equity: ₹4688.97 lakh)
  • Non-current Liabilities: ₹108.34 lakh
  • Current Liabilities: ₹164.51 lakh

Dividend Declaration

Recommended final dividend of ₹1 per share (10%) on equity shares of ₹10 each for FY 2025-26, subject to approval of members at ensuring Annual General Meeting. The dividend would be paid within 30 days from declaration at AGM. Record date will be communicated separately.

Auditor Appointments

  • M/s. G.K. Choksi & Co., Chartered Accountants (FRN: 101895W) issued unmodified audit opinion on financial results
  • M/s. Khoda Rupareliya & Co. appointed as Internal Auditor for FY 2026-27

Significant Accounting Notes

1. Labour Code Implementation: The company recognized a provision for defined benefit obligations following the implementation of four new Labour Codes effective November 21, 2025. The impact is based on management's assessment and estimates, with potential adjustments pending finalization of Central and State Rules.

2. Segment Reporting: Company operates in a single segment - "Dyes and Chemicals"

3. Quarterly Figures: Audited figures for quarter ended March 31, 2026 represent the difference between annual audited figures and published unaudited nine-month figures ended December 31, 2025

4. No Subsidiaries: Company does not have any subsidiary, associate or joint venture

Meeting Details

Board meeting commenced at 3:00 PM IST and concluded at 5:30 PM IST on May 27, 2026.