Revenue from Operations: 14,596.29 (FY26) vs 15,194.50 (FY25) - decrease of 3.93%
Other Income: 10.52 (FY26) vs 6.16 (FY25) - increase of 70.77%
Total Revenue: 14,606.81 (FY26) vs 15,200.66 (FY25)
Profit Before Interest, Depreciation & Tax: 1,297.32 (FY26) vs 1,489.91 (FY25)
Finance Cost: 113.45 (FY26) vs 182.05 (FY25) - decrease due to marginal reduction in interest burden
Depreciation & Amortization: 195.73 (FY26) vs 187.84 (FY25)
Provision for Taxation: 241.51 (FY26) vs 270.33 (FY25)
Provision for Deferred Tax: 23.64 (FY26) vs 27.67 (FY25)
Short/(Excess) Tax Provision: (14.19) (FY26) vs (5.04) (FY25)
Net Profit: 737.17 (FY26) vs 827.14 (FY25) - decrease of 10.87%
Cash Profit: 932.90 (FY26) vs 1,014.90 (FY25) - decrease of 8.08%
Assets Capitalized: 52.82 Lakhs during FY26
Paid-up Equity Share Capital: ₹5.65 crores as of 31st March 2026
Dividend Declaration
Board recommended dividend of ₹1.50 per equity share (15% on face value of ₹10)
Record Date: Wednesday, 12th August 2026
Payment Date: By 16th September 2026
Total cash outflow: ₹84.75 lakhs
TDS applicable as per Income Tax Act, 1961
34th Annual General Meeting
Date: Tuesday, 18th August 2026 at 3:00 PM IST
Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
Agenda includes adoption of financial statements, dividend declaration, director appointments, and special business
Board of Directors Changes
Mr. Kiran Arvindlal Shah resigned as Director effective 31st October 2025
Ms. Neha Vivek Vora's designation changed from Whole-time Director to Managing Director effective 31st October 2025
Mr. Neil Kiran Shah appointed as CFO & Managing Director, Chairman effective 31st October 2025
Key Managerial Personnel
Mr. Neil Kiran Shah - Managing Director & Chief Financial Officer
Ms. Neha Vivek Vora - Managing Director
Mr. Vipul Chhetariya - Company Secretary and Compliance Officer
Auditor Appointments
Statutory Auditors: M/s. CNK & ASSOCIATES LLP (FRN: 101961W/W10036) appointed till conclusion of AGM for FY 2026-27
Cost Auditors: M/s. Y. S. Thakkar & Associates (Registration No. 000318) appointed for FY 2026-27 at remuneration of ₹55,000 + GST
Secretarial Auditors: M/s. Janki and Associates (M. No A49469, COP 17960) appointed to fill casual vacancy caused by resignation of M/s. Jayesh Vyas and Associates
Internal Auditors: M/s. K. R. Associates, Chartered Accountants appointed for FY 2026-27
Corporate Governance
Compliance certificate obtained from practicing company secretary
Whistle Blower Policy and Vigil Mechanism in place
No instances of sexual harassment complaints during the year
CSR expenditure of ₹25.45 lakhs against requirement of ₹25.45 lakhs
Key Ratios
Current Ratio: 4.64 (FY26) vs 2.08 (FY25)
Debt-Equity Ratio: 0.07 (FY26) vs 0.42 (FY25)
Return on Equity: 13.55% (FY26) vs 17.44% (FY25)
Inventory Turnover Ratio: 11.75 (FY26) vs 13.51 (FY25)
Net Profit Ratio: 5.05% (FY26) vs 5.44% (FY25)
Return on Capital Employed: 17% (FY26) vs 18% (FY25)
Other Significant Information
Solar power plant installed at Savli Plant with capital investment of ₹123.33 lakhs, generating 11,14,367 units of electricity
No material changes affecting financial position between year-end and report date
No fraud reported by auditors
No proceedings under Insolvency and Bankruptcy Code
No deposits accepted from public
Related party transactions conducted at arm's length basis
