Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR
Audit Opinion:
Clean/Unmodified - The statutory auditors, MSKA & Associates LLP, conducted a limited review and expressed an unmodified conclusion, stating nothing has come to their attention that causes them to believe the statement contains any material misstatement.
Auditor's Comment: No qualifications or modifications affecting earnings quality, internal controls, or going concern.
Key Financial Highlights [in ₹ million]:
Standalone Results:
Quarter ended June 30, 2026 (Unaudited) vs. June 30, 2025 (Unaudited) vs. March 31, 2026 (Audited):
- Revenue from Operations: ₹987.16 (Q1 FY27) vs ₹836.30 (Q1 FY26) vs ₹874.33 (Q4 FY26) | YoY Growth: 18.0%
- Total Income: ₹1,157.76 (Q1 FY27) vs ₹904.59 (Q1 FY26) vs ₹1,019.78 (Q4 FY26)
- Net Profit: ₹349.62 (Q1 FY27) vs ₹187.12 (Q1 FY26) vs ₹228.84 (Q4 FY26) | YoY Growth: 86.8%
- EPS (Basic and Diluted): ₹2.48 (Q1 FY27) vs ₹1.42 (Q1 FY26) vs ₹1.62 (Q4 FY26)
- Other Equity: ₹9,489.54 (as of March 31, 2026)
- Paid-up Equity Share Capital: ₹281.87 (Face value of ₹2 each, fully paid up)
Debt and Cash: Not explicitly disclosed in the provided results summary.
Segment-wise Performance [in ₹ million]:
Segment Revenue for Q1 FY27 (Unaudited):
- Gases, related products & services: ₹973.57
- Project Engineering: ₹13.59
- Total Segment Revenue: ₹987.16
Segment Results (Profit) for Q1 FY27 (Unaudited):
- Gases, related products & services: ₹367.01
- Project Engineering: ₹3.04
- Total Segment Results: ₹370.05
Segment Assets as of June 30, 2026 (Unaudited):
- Gases, related products & services: ₹8,058.29
- Project Engineering: ₹83.69
- Unallocated: ₹5,361.03
- Total Assets: ₹13,503.01
Segment Liabilities as of June 30, 2026 (Unaudited):
- Gases, related products & services: ₹1,874.26
- Project Engineering: ₹3.90
- Unallocated: ₹1,502.91
- Total Liabilities: ₹3,381.16
The Gases segment is the primary driver of both revenue and profit.
Corporate Actions:
Dividend: Not declared in this announcement.
Share Split/Bonus/Buyback: Not announced.
Other Significant Information:
IPO Proceeds Utilization (as of June 30, 2026):
The company concluded its IPO in the previous year (allotment on June 27, 2025). The utilization of fresh issue proceeds (net ₹3,731.36 million) is as follows:
- Repayment of borrowings: ₹2,100.00 million (100% utilized as proposed)
- Setting up a 220 TPD ASU at Uluberia-II: ₹623.58 million utilized out of ₹1,045.00 million proposed (₹421.42 million unutilized)
- General corporate purposes: ₹426.02 million utilized out of ₹586.36 million (₹160.34 million unutilized)
- Total Utilized: ₹3,149.60 million | Total Unutilized: ₹581.76 million
The unutilized amount is held in Other bank balances, including fixed deposits (₹436.76 million) and a designated current account (₹145.00 million).
Consolidation:
The preparation of consolidated financial results is not applicable as the Company does not have any Subsidiary/Associate/Joint Venture.