Financial Performance - Q1 FY27 vs Q1 FY26

  • Total Income: ₹6,372.36 lakhs (Q1 FY27) vs ₹6,599.86 lakhs (Q1 FY26), decrease of 3.45%
  • EBITDA: ₹473.84 lakhs (Q1 FY27) vs ₹503.76 lakhs (Q1 FY26), decrease of 5.94%
  • Profit Before Tax: ₹196.01 lakhs (Q1 FY27) vs ₹236.93 lakhs (Q1 FY26), decrease of 17.27%
  • Net Profit: ₹135.30 lakhs (Q1 FY27) vs ₹126.81 lakhs (Q1 FY26), increase of 6.70%
  • EPS: ₹0.92 per share (Q1 FY27) vs ₹0.86 per share (Q1 FY26), increase of 6.98%

Full Year FY26 Performance vs FY25

  • Total Income: ₹25,019.51 lakhs (FY26) vs ₹27,217.69 lakhs (FY25), decrease of 8.08%
  • EBITDA: ₹1,882.05 lakhs (FY26) vs ₹1,510.07 lakhs (FY25), increase of 24.63%
  • Profit Before Tax: ₹679.56 lakhs (FY26) vs ₹406.59 lakhs (FY25), increase of 67.14%
  • Net Profit: ₹467.41 lakhs (FY26) vs ₹360.12 lakhs (FY25), increase of 29.79%
  • EPS: ₹3.16 per share (FY26) vs ₹2.44 per share (FY25), increase of 29.51%

Operational Highlights and Orders

  • Received major orders from leading public-sector customers including HPCL, IOCL, and BPCL
  • Specifically received HPCL Letter of Acceptance of approximately ₹83.71 crore
  • Additional HPCL order of approximately ₹8.97 crore
  • Maintains continued business relationships with Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, and Bharat Petroleum Corporation Limited
  • Also serves government and defense customers

Manufacturing Capabilities

  • Three manufacturing facilities located at:
  • Daman Plant: Survey No.260/2, 260/3 & 260/5 Village Bhimpore, Bhimpore Char Rasta, Daman Union Territory, Pin 396 210
  • Sonipat Plant: No. 124, Khata No 147 Khasra, killa No. 8/2/2, 3/2 Village Johsi Jat, Bhalgarh Road, Tehsil Rai, Dist. Sonipat Haryana, Pin 131 001
  • Karjat Plant: Survey No. 18/5/A/(2), 18/5/B(1), 21/1(P), 21/10,21/12, Anjap, Karjat - Taluka, Raigad, Maharashtra, 410 101
  • Certified under ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), and ISO 45001:2018 (Occupational Health & Safety Management)
  • Described as BIS-approved unit in company disclosures

Business Overview and Strategy

  • Established in 2013 as manufacturer of steel drums and barrels for industrial and institutional customers
  • Products include Close Top Drums, Open Top Drums, Gooseneck Drums, Composite Drums, and Galvanised Drums
  • Products used across oil and lubricants, chemicals, agro-chemicals, food products, bitumen, paints, and inks
  • Focused on expanding order book, improving capacity utilization, and strengthening operational efficiency
  • Company produced approximately 24.08 lakh drums and barrels during FY 2024–25

Management Commentary

Mr. Madhav Valia, Managing Director, stated: "We have started FY27 with a clear focus on strengthening our core manufacturing operations, improving operational efficiencies and expanding our presence across institutional and industrial markets. The recent HPCL order of approximately ₹83.71 crore, along with orders from IOCL and other institutional customers, provides encouraging visibility for our business. We remain focused on strengthening our order book, improving capacity utilization and delivering consistent operational performance."