Key Quantitative Figures (Standalone - FY Ended March 31, 2026)

  • Total Income: ₹5,057.07 Lakhs (FY25: ₹4,243.65 Lakhs)
  • Revenue from Operations: ₹5,039.32 Lakhs (FY25: ₹4,231.86 Lakhs)
  • Profit Before Tax (PBT): ₹363.55 Lakhs (FY25: ₹249.62 Lakhs)
  • Tax Expense: ₹91.58 Lakhs (FY25: ₹65.32 Lakhs)
  • Profit for the Period (Net Profit): ₹271.97 Lakhs (FY25: ₹184.31 Lakhs)
  • Total Comprehensive Income: ₹275.23 Lakhs (FY25: ₹183.60 Lakhs)
  • Earnings Per Share (EPS) - Basic & Diluted: ₹11.10 (FY25: ₹7.52)
  • Paid-up Equity Share Capital: ₹245.00 Lakhs
  • Other Equity: ₹1,362.53 Lakhs (Mar 31, 2025: ₹1,087.30 Lakhs)

Key Quantitative Figures (Standalone - Q4 Ended March 31, 2026)

  • Total Income: ₹1,413.54 Lakhs (Q4 FY25: ₹1,177.58 Lakhs)
  • Revenue from Operations: ₹1,410.41 Lakhs (Q4 FY25: ₹1,176.06 Lakhs)
  • Profit Before Tax (PBT): ₹114.57 Lakhs (Q4 FY25: ₹84.07 Lakhs)
  • Tax Expense: ₹26.49 Lakhs (Q4 FY25: ₹21.62 Lakhs)
  • Profit for the Period (Net Profit): ₹88.07 Lakhs (Q4 FY25: ₹62.44 Lakhs)
  • Earnings Per Share (EPS) - Basic & Diluted: ₹3.59 (Q4 FY25: ₹2.55)

Key Quantitative Figures (Consolidated - FY Ended March 31, 2026)

  • Total Income: ₹5,049.72 Lakhs
  • Revenue from Operations: ₹5,032.03 Lakhs
  • Profit Before Tax (PBT): ₹357.23 Lakhs
  • Tax Expense: ₹91.58 Lakhs
  • Profit for the Period (Net Profit): ₹265.65 Lakhs
  • Total Comprehensive Income: ₹268.49 Lakhs
  • Earnings Per Share (EPS) - Basic & Diluted: ₹10.84

Key Quantitative Figures (Consolidated - Q4 Ended March 31, 2026)

  • Total Income: ₹1,413.92 Lakhs
  • Revenue from Operations: ₹1,410.86 Lakhs
  • Profit Before Tax (PBT): ₹111.71 Lakhs
  • Tax Expense: ₹26.49 Lakhs
  • Profit for the Period (Net Profit): ₹85.22 Lakhs
  • Earnings Per Share (EPS) - Basic & Diluted: ₹3.48

Balance Sheet Highlights (Standalone as of Mar 31, 2026)

  • Total Assets: ₹3,880.40 Lakhs (Mar 31, 2025: ₹3,101.31 Lakhs)
  • Non-Current Assets: ₹1,036.41 Lakhs (Mar 31, 2025: ₹819.97 Lakhs)
  • Current Assets: ₹2,843.99 Lakhs (Mar 31, 2025: ₹2,281.34 Lakhs)
  • Inventories: ₹2,005.86 Lakhs (Mar 31, 2025: ₹1,588.13 Lakhs)
  • Trade Receivables: ₹571.01 Lakhs (Mar 31, 2025: ₹460.86 Lakhs)
  • Total Equity: ₹1,607.53 Lakhs (Mar 31, 2025: ₹1,332.30 Lakhs)
  • Total Liabilities: ₹3,880.40 Lakhs (Mar 31, 2025: ₹3,101.31 Lakhs)
  • Short Term Borrowings: ₹1,375.85 Lakhs (Mar 31, 2025: ₹945.99 Lakhs)

Board Meeting Details

  • The Board Meeting commenced at 10:00 a.m. and concluded at 6:15 p.m. on May 22, 2026.
  • The trading window was closed from April 1, 2026, and was to be opened 48 hours after the results declaration, i.e., on May 24, 2026.

Items Approved by the Board

1. Audited Financial Results: Approved the Standalone & Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026, along with the Auditor's Report (unmodified opinion).

2. Internal Auditor Re-appointment: Re-appointed M/s. Vipul M. Shah & Associates, Chartered Accountants (Firm Reg. No. 117853W) as Internal Auditor for FY 2026-27.

3. Cost Auditor Re-appointment: Re-appointed M/s. Ritesh Jayswal & Associates, Chartered Accountants (ICMAI Reg. No. 101681) as Cost Auditor for FY 2026-27.

4. Re-appointment of Managing Director: Approved the re-appointment of Mr. Rajesh Nanalal Shah (DIN: 02038392) as Managing Director for a term of 5 years, subject to shareholder approval.

5. Re-appointment of Whole-time Director: Approved the re-appointment of Mr. Divyam Rajesh Shah (DIN: 05129462) as Whole-time Director for a term of 5 years, subject to shareholder approval.

6. Incorporation of Subsidiary: Noted the incorporation of a new subsidiary, Euro Sealant Private Limited, in Tamil Nadu on April 28, 2026. The company has a capital of ₹50.00 Lakhs, and the Company holds a 51% stake. Mr. Divyam Rajesh Shah is a director in this subsidiary.

7. Resignation of Independent Director: Noted the resignation of Ms. Daisy Dsouza (DIN: 09348309) as an Independent Director with immediate effect due to personal circumstances. She confirmed no other material reasons for resignation. She holds directorships in Sanjana Cryogenic Storages Limited and Fredun Pharmaceuticals Ltd.

Other Material Disclosures

  • Segment Reporting: The company operates in a single reportable segment: "Aluminium Composite Panels".
  • Labour Code Impact: The Government of India's new Labour Codes, effective November 21, 2025, led to an incremental expense of ₹5.20 Lakhs against Gratuity for FY26, based on an actuarial valuation. The company will evaluate further impact once all Central/State Rules are notified.
  • Subsidiary Details: The consolidated results include Euro Panel Products Limited and its wholly-owned foreign subsidiary, Euro Panel Products Trading W.L.L., Qatar (incorporated August 28, 2025). The Qatar subsidiary reported a net loss of ₹23.11 Lakhs for Q4 FY26 and ₹38.16 Lakhs for FY26.
  • Auditor's Report: Jogin Raval & Associates, Chartered Accountants, issued an unmodified opinion on both the standalone and consolidated financial results.