Key Financial Figures - Standalone (Rs. in Lakhs)

Income Statement - Full Year FY26 (Audited)

  • Total Income: ₹1,37,592.90 lakhs (FY25: ₹1,73,083.08 lakhs)
  • Revenue from Operations: ₹1,35,423.80 lakhs (FY25: ₹1,70,702.18 lakhs)
  • Other Income: ₹2,169.10 lakhs (FY25: ₹2,380.90 lakhs)
  • Total Expenses: ₹1,44,498.52 lakhs (FY25: ₹1,72,893.14 lakhs)
  • Cost of raw material consumed: ₹75,879.25 lakhs
  • Employee benefit expenses: ₹15,075.63 lakhs
  • Finance costs: ₹2,182.25 lakhs
  • Depreciation and amortization: ₹3,428.38 lakhs
  • Other expenses: ₹39,891.57 lakhs
  • Loss Before Exceptional Items and Tax: ₹(6,905.62) lakhs (FY25: Profit of ₹189.94 lakhs)
  • Exceptional Items: ₹(4,199.56) lakhs (FY25: ₹1,162.85 lakhs)
  • Loss Before Tax: ₹(11,105.18) lakhs (FY25: Profit of ₹1,352.79 lakhs)
  • Tax Expense: ₹(1,087.76) lakhs (FY25: ₹(81.99) lakhs)
  • Net Loss for the Year: ₹(10,017.42) lakhs (FY25: Profit of ₹1,434.78 lakhs)
  • Total Comprehensive Loss: ₹(9,712.33) lakhs (FY25: ₹1,479.93 lakhs)
  • Basic/Diluted EPS: ₹(63.24) (FY25: Positive not specified)

Income Statement - Q4 FY26 (Audited)

  • Total Income: ₹31,724.78 lakhs (Q4 FY25: ₹45,408.42 lakhs)
  • Revenue from Operations: ₹31,001.49 lakhs (Q4 FY25: ₹44,453.81 lakhs)
  • Other Income: ₹723.29 lakhs (Q4 FY25: ₹954.61 lakhs)
  • Total Expenses: ₹35,169.39 lakhs (Q4 FY25: ₹44,845.57 lakhs)
  • Loss Before Exceptional Items and Tax: ₹(3,444.61) lakhs (Q4 FY25: Profit of ₹562.85 lakhs)
  • Exceptional Items: ₹(2,870.00) lakhs (Q4 FY25: ₹778.92 lakhs)
  • Loss Before Tax: ₹(6,314.61) lakhs (Q4 FY25: Profit of ₹1,341.77 lakhs)
  • Tax Expense: ₹38.10 lakhs (Q4 FY25: ₹(225.46) lakhs)
  • Net Loss for the Quarter: ₹(6,352.71) lakhs (Q4 FY25: Profit of ₹1,567.23 lakhs)
  • Total Comprehensive Loss: ₹(6,015.32) lakhs (Q4 FY25: ₹1,585.31 lakhs)
  • Basic/Diluted EPS: ₹(40.07) (Q4 FY25: ₹9.91)

Balance Sheet - Standalone (as at March 31, 2026)

  • Total Assets: ₹1,11,943.19 lakhs (FY25: ₹1,22,342.73 lakhs)
  • Non-Current Assets: ₹53,296.39 lakhs
  • Current Assets: ₹58,646.06 lakhs
  • Inventories: ₹31,817.26 lakhs
  • Trade Receivables: ₹11,134.48 lakhs
  • Cash & Cash Equivalents: ₹4,291.16 lakhs
  • Equity: ₹52,300.65 lakhs (FY25: ₹62,327.24 lakhs)
  • Paid-up Equity Share Capital: ₹1,585.57 lakhs (Face value ₹10 each)
  • Other Equity: ₹50,715.08 lakhs (FY25: ₹60,745.26 lakhs)
  • Non-Current Liabilities: ₹10,261.87 lakhs
  • Current Liabilities: ₹49,380.67 lakhs

Cash Flow - Standalone (FY26)

  • Net Cash from Operating Activities: ₹10,958.54 lakhs (FY25: ₹(6,991.43) lakhs)
  • Net Cash used in Investing Activities: ₹(1,040.68) lakhs (FY25: ₹(766.76) lakhs)
  • Net Cash used in Financing Activities: ₹(6,101.62) lakhs (FY25: ₹3,827.01 lakhs)
  • Net Change in Cash: ₹3,816.24 lakhs (FY25: ₹(3,931.18) lakhs)

Key Financial Figures - Consolidated (Rs. in Lakhs)

Income Statement - Full Year FY26 (Audited)

  • Total Income: ₹1,42,842.23 lakhs (FY25: ₹1,73,747.54 lakhs)
  • Revenue from Operations: ₹1,41,699.84 lakhs (FY25: ₹1,72,261.72 lakhs)
  • Other Income: ₹1,142.39 lakhs (FY25: ₹1,465.82 lakhs)
  • Total Expenses: ₹1,52,629.59 lakhs (FY25: ₹1,75,540.85 lakhs)
  • Loss Before Exceptional Items and Tax: ₹(9,787.36) lakhs (FY25: ₹(1,793.31) lakhs)
  • Exceptional Items: ₹(1,364.26) lakhs (FY25: ₹1,162.85 lakhs)
  • Loss Before Tax: ₹(11,151.62) lakhs (FY25: ₹(630.46) lakhs)
  • Tax Expense: ₹(982.92) lakhs (FY25: ₹(270.05) lakhs)
  • Net Loss for the Year: ₹(10,168.70) lakhs (FY25: ₹(360.41) lakhs)
  • Total Comprehensive Loss: ₹(9,895.93) lakhs (FY25: ₹(336.80) lakhs)
  • Basic/Diluted EPS: ₹(64.20) (FY25: ₹(2.28))

Income Statement - Q4 FY26 (Audited)

  • Total Income: ₹33,180.98 lakhs (Q4 FY25: ₹45,915.35 lakhs)
  • Revenue from Operations: ₹32,716.75 lakhs (Q4 FY25: ₹45,262.89 lakhs)
  • Other Income: ₹464.23 lakhs (Q4 FY25: ₹652.46 lakhs)
  • Total Expenses: ₹37,389.25 lakhs (Q4 FY25: ₹46,132.19 lakhs)
  • Loss Before Exceptional Items and Tax: ₹(4,208.27) lakhs (Q4 FY25: ₹(216.84) lakhs)
  • Exceptional Items: ₹0 lakhs (Q4 FY25: ₹778.92 lakhs)
  • Loss Before Tax: ₹(4,208.27) lakhs (Q4 FY25: Profit of ₹562.08 lakhs)
  • Tax Expense: ₹508.83 lakhs (Q4 FY25: ₹(201.81) lakhs)
  • Net Loss for the Quarter: ₹(4,717.10) lakhs (Q4 FY25: Profit of ₹763.89 lakhs)
  • Total Comprehensive Loss: ₹(4,388.30) lakhs (Q4 FY25: ₹760.94 lakhs)
  • Basic/Diluted EPS: ₹(29.76) (Q4 FY25: ₹4.83)

Balance Sheet - Consolidated (as at March 31, 2026)

  • Total Assets: ₹1,21,055.02 lakhs (FY25: ₹1,31,169.54 lakhs)
  • Equity: ₹49,450.94 lakhs (FY25: ₹59,661.13 lakhs)
  • Share Capital: ₹1,585.57 lakhs
  • Other Equity: ₹47,865.37 lakhs (FY25: ₹58,079.15 lakhs)
  • Non-Current Liabilities: ₹20,173.07 lakhs
  • Current Liabilities: ₹51,431.01 lakhs

Cash Flow - Consolidated (FY26)

  • Net Cash from Operating Activities: ₹10,856.27 lakhs (FY25: ₹9,023.27 lakhs)
  • Net Cash from Investing Activities: ₹980.15 lakhs (FY25: ₹5,890.04 lakhs)
  • Net Cash used in Financing Activities: ₹(6,396.71) lakhs (FY25: ₹9,589.37 lakhs)
  • Net Change in Cash: ₹3,479.41 lakhs (FY25: ₹(5,323.95) lakhs)

Segment Performance (Standalone - FY26)

  • Building Products Segment:
  • Revenue: ₹1,01,874.04 lakhs (FY25: ₹1,09,785.02 lakhs)
  • Segment Profit: ₹6,824.03 lakhs (FY25: ₹6,424.43 lakhs)
  • Assets: ₹65,208.01 lakhs
  • Liabilities: ₹27,072.07 lakhs
  • Steel Buildings Segment:
  • Revenue: ₹33,549.76 lakhs (FY25: ₹60,917.16 lakhs)
  • Segment Loss: ₹(5,504.97) lakhs (FY25: Profit of ₹2,244.01 lakhs)
  • Assets: ₹24,036.18 lakhs
  • Liabilities: ₹7,592.69 lakhs

Exceptional Items Explained

1. Labour Code Implementation (₹1,634.14 lakhs): Additional charge for gratuity obligations due to new Labour Codes notified on November 21, 2025.

2. Subsidiary Impairment (₹2,870.00 lakhs): Impairment loss on investment in and inter-corporate deposits to wholly-owned subsidiary Everest Buildpro Pvt Ltd.

3. Property Sale Profit (₹304.58 lakhs): Profit from sale of office premises in Mumbai.

4. GST Incentives (₹778.92 lakhs in FY25): Income recognized for GST incentives under Package Scheme of Incentives, 2013 for Lakhmapur plant.

5. Noida Property Sale (₹383.93 lakhs in FY25): Profit from sale of property in Noida.

Dividend Recommendation

The Board recommended a Final Dividend of ₹1.00 per equity share (10% on face value of ₹10 each) for FY26. The dividend will be paid within 30 days from the date of the Annual General Meeting, if approved by shareholders.

Audit Details

The Board meeting was held on May 26, 2026 (6:00 PM to 8:30 PM IST). Statutory Auditors M/s. SRBC & Co. LLP (Firm Registration No. 324982E/E300003) issued unmodified audit opinions on both standalone and consolidated financial results.