Board Meeting Details

The Board of Directors meeting commenced at 11:20 A.M. and concluded at 1:00 P.M. on July 25, 2026.

Key Board Approvals

1. Taken on record the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30th June 2026.

2. Approved the proposal to convene and hold the 19th Annual General Meeting (AGM) of the Shareholders of the Company on Saturday, 26th September 2026, through video conferencing/other audio-visual means.

Annual General Meeting Details

  • Date: Saturday, 26th September 2026
  • Time: 11:00 A.M. IST
  • Mode: Video conferencing/other audio-visual means
  • Venue: Deemed to be conducted at the Registered Office of the Company
  • Cut-off Date for voting/attending: 19th September 2026

Financial Results Overview

The Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, prepared in terms of Regulation 33 of the Listing Regulations, were reviewed by the statutory auditors, H. B. Kalaria & Associates, and received an unqualified review report.

Standalone Financial Results (₹ in lakhs)

Quarter Ended June 30, 2026 (Unaudited) vs. Comparative Periods

  • Revenue from Operations: ₹7,379.46 (Q1 FY2026: ₹6,315.52; Q4 FY2026: ₹8,319.32)
  • Other Income: ₹12.70 (Q1 FY2026: ₹4.03; Q4 FY2026: ₹30.75)
  • Total Income: ₹7,392.16 (Q1 FY2026: ₹6,319.55; Q4 FY2026: ₹8,350.07)
  • Profit Before Tax: ₹106.91 (Q1 FY2026: ₹68.11; Q4 FY2026: ₹58.13)
  • Tax Expense: ₹12.40
  • Net Profit for Period: ₹94.51 (Q1 FY2026: ₹49.56; Q4 FY2026: ₹30.74)
  • Total Comprehensive Income: ₹97.06 (Q1 FY2026: ₹53.54; Q4 FY2026: ₹28.97)
  • Paid-up Equity Share Capital: ₹4,474.11 lakhs (Face Value ₹1 each)
  • Basic EPS (Continuing Operations): ₹0.02 (Q1 FY2026: ₹0.01; Q4 FY2026: ₹0.01)
  • Diluted EPS (Continuing Operations): ₹0.02 (Q1 FY2026: ₹0.01; Q4 FY2026: ₹0.01)

Consolidated Financial Results (₹ in lakhs)

Quarter Ended June 30, 2026 (Unaudited) vs. Comparative Periods

Includes results of subsidiary: Exxaro Ceramic Limited.

  • Revenue from Operations: ₹8,522.24 (Q1 FY2026: ₹6,492.53; Q4 FY2026: ₹9,990.46)
  • Other Income: ₹75.44 (Q1 FY2026: ₹3.91; Q4 FY2026: ₹30.75)
  • Total Income: ₹8,597.68 (Q1 FY2026: ₹6,496.44; Q4 FY2026: ₹10,021.21)
  • Profit Before Tax: ₹257.60 (Q1 FY2026: ₹110.06; Q4 FY2026: ₹43.42)
  • Tax Expense: ₹50.34
  • Net Profit for Period: ₹207.28 (Q1 FY2026: ₹80.94; Q4 FY2026: ₹19.73)
  • Total Comprehensive Income: ₹209.82 (Q1 FY2026: ₹84.93; Q4 FY2026: ₹17.96)
  • Paid-up Equity Share Capital: ₹4,474.11 lakhs (Face Value ₹1 each)
  • Basic EPS (Continuing Operations): ₹0.05 (Q1 FY2026: ₹0.02; Q4 FY2026: ₹0.00)
  • Diluted EPS (Continuing Operations): ₹0.05 (Q1 FY2026: ₹0.02; Q4 FY2026: ₹0.00)

Notes to Financial Results

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors.

2. Prepared in accordance with Indian Accounting Standard (Ind AS) 34 "Interim Financial Reporting".

3. Previous period figures have been regrouped/reclassified where necessary.

4. Figures for the quarter ended March 31, 2026 (Q4 FY2026), represent the difference between audited full-year figures and published figures for the nine months ended December 31, 2025.

5. The company operates in a single segment: "Manufacturing and Trading of refractory ceramic products (Vitrified Tiles)".

6. The company is assessing the potential impact of new Labour Codes but has not provided accounting effects as the effective date is yet to be notified.

7. The company has committed to invest 100% of the paid-up share capital in a UAE-registered entity, which will become a wholly-owned subsidiary post-acquisition.