Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Year Ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 and 33 of SEBI LODR

Audit Opinion:

Unmodified Opinion (Clean)

Auditor’s Comment:

The auditors issued an unmodified opinion stating the financial results give a true and fair view in conformity with Indian Accounting Standards.

Key Financial Highlights [₹ in Crore]:

Standalone Results:

Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹929.38 (Q4 FY25: ₹751.75 | +23.6% YoY)
  • Total Income: ₹934.81
  • Net Profit: ₹44.13 (Q4 FY25: ₹10.53 | +319% YoY)
  • EPS: ₹4.51 (Q4 FY25: ₹1.08)

Year Ended March 31, 2026:

  • Revenue from Operations: ₹3,422.56 (FY25: ₹3,160.26 | +8.3% YoY)
  • Total Income: ₹3,444.00
  • Net Profit: ₹138.39 (FY25: ₹75.30 | +83.8% YoY)
  • EPS: ₹14.14 (FY25: ₹7.69)
  • Other Equity: ₹1,280.72 (FY25: ₹1,153.94)
  • Cash and Cash Equivalents: ₹4.45 (FY25: ₹40.16)
  • Debt: Not Specified

Consolidated Results:

Quarter Ended March 31, 2026:

  • Revenue from Operations: Not explicitly stated in consolidated table
  • Total Income: Not explicitly stated in consolidated table
  • Net Profit attributable to owners: ₹40.68 (Q4 FY25: ₹11.67 | +248.6% YoY)
  • EPS: ₹4.16 (Q4 FY25: ₹1.19)

Year Ended March 31, 2026:

  • Revenue from Operations: Not explicitly stated in consolidated table
  • Total Income: Not explicitly stated in consolidated table
  • Net Profit attributable to owners: ₹135.37 (FY25: Not fully comparable)
  • EPS: ₹13.83
  • Other Equity: ₹1,332.80
  • Cash and Cash Equivalents: ₹28.16 (FY25: ₹50.59)
  • Debt: Current Borrowings ₹137.15, Non-current Borrowings ₹31.31

Segment-wise Performance:

The company has only one reportable segment "petroleum products/ specialty oils" as per IND AS 108.

Corporate Actions:

  • No dividend declared in this announcement
  • No share split, bonus issue, or buyback announced

Other Significant Information:

  • IPO Proceeds Utilization: Full utilization of ₹317.44 crore IPO proceeds as planned:
  • ₹22.71 crore loan to subsidiary Texol Lubritech FZC for loan repayment
  • ₹27.73 crore for capacity expansion at Silvassa Plant
  • ₹185.01 crore for working capital requirements
  • ₹81.99 crore for general corporate purposes & IPO expenses
  • South Africa Subsidiary: Approval for incorporation of wholly-owned subsidiary in South Africa for distribution of petroleum products/specialty oils with investment up to ₹50 crore
  • Land Purchase: Agreement to purchase land at Village Kherane Khurd, Tal. Panvel, Dist. Raigad comprising approximately 21,551 sq. mtrs for consideration up to ₹20 crore
  • Labour Codes: Government of India notified four Labour Codes effective from November 21, 2025, but no material liability envisaged
  • Presentation Currency: Changed from ₹ in millions to ₹ in crores from previous quarter