Book Closure Details

  • Record Date for Dividend: Friday, 11 September 2026
  • Cut-off Date for AGM Voting: Thursday, 17 September 2026
  • Purpose: Dividend declaration and AGM voting rights

Dividend Declaration

  • Type: Final Dividend
  • Amount: ₹7 per share (70%)
  • Face Value: ₹10 per share
  • Financial Year: FY 2025-26
  • Subject to Shareholder Approval: Yes
  • Record Date: 11 September 2026
  • Date of Board Meeting: 25 May 2026
  • AGM Date: Thursday, 24 September 2026
  • Dividend Payment: Within thirty days from AGM date if declared

Board Meeting Highlights

  • Approval of Audited Financial Results: Quarter and year ended 31 March 2026, Standalone and Consolidated, Audit Opinion: Unmodified
  • Approval of AGM: Scheduled on 24 September 2026
  • Trading Window Closure: Closed from 01 April 2026, reopens 28 May 2026

Appointments / Reappointments

  • Mr. Molugu Purnachander: Reappointment as Director - Procurement (Senior Management Personnel) for two years effective 02 July 2026
  • Mr. Gulshan Bajaj: Appointment as Head - Internal Audit and Senior Management Personnel effective 01 August 2026 (replacing Mr. Sumeet Bisarya who retires 31 July 2026)

Key Financial Highlights

Standalone Financials (Year Ended 31 March 2026)

  • Total Income: ₹23,612.7 million (FY25: ₹21,943.5 million)
  • Revenue from Operations: ₹23,295.9 million (FY25: ₹21,488.8 million)
  • Net Profit: ₹1,339.7 million (FY25: ₹1,067.5 million) - 25.5% increase
  • EPS (Basic/Diluted): ₹5.91 (FY25: ₹4.71)
  • Other Equity: ₹11,452.3 million (FY25: ₹11,685.6 million)

Quarterly Performance (Q4 FY26)

  • Revenue from Operations: ₹6,462.2 million (Q4 FY25: ₹6,124.6 million)
  • Net Profit: ₹452.1 million (Q4 FY25: ₹504.5 million) - 10.4% decrease
  • EPS (Basic/Diluted): ₹2.00 (Q4 FY25: ₹2.23)

Operational Metrics

  • Sales Volumes: 4,912 KT (FY25: 4,515 KT) - 8.8% increase
  • EBITDA: ₹2,869 million (FY25: ₹2,394 million) - 19.8% increase
  • EBITDA Margin: 12.3% (FY25: 11.1%) - 117 bps improvement
  • EBITDA per tonne: ₹584 (FY25: ₹530) - 10.2% increase
  • Debt Equity Ratio: - (FY25: 0.05)
  • Debt Service Coverage Ratio: 84.18 (FY25: 3.85)
  • Interest Service Coverage Ratio: 84.18 (FY25: 31.00)

Cash Flow Statement (FY26)

  • Net Cash Flow from Operating Activities: ₹1,980.8 million
  • Net Cash Flow Used in Investing Activities: ₹(3,405.6) million
  • Net Cash Flow Used in Financing Activities: ₹(2,436.1) million
  • Cash and Cash Equivalents at year-end: ₹674.9 million (FY25: ₹4,535.8 million)

Balance Sheet Position (31 March 2026)

  • Total Assets: ₹24,382.5 million
  • Inventories: ₹1,591.0 million
  • Trade Receivables: ₹596.4 million
  • Cash and Cash Equivalents: ₹674.9 million
  • Total Cash & Bank Balance: ₹4,037 million
  • Equity Share Capital: ₹2,266.2 million

Exceptional Items

  • Labour Code implementation impact: ₹80.4 million for FY26 (including ₹34.8 million in Q4 FY26)
  • Due to implementation of four Labour Codes effective 21 November 2025
  • Impact on defined benefit obligation and compensated absences

Strategic Updates

  • Non-grid power consumption increased to approximately 50%
  • Alternative fuels consumption: 11% (+3% YoY) in fuel portfolio
  • Repayment of final interest-free loan tranche of ₹687 million to Government of Uttar Pradesh
  • Preferred Bidder status for two limestone blocks in Madhya Pradesh:
  • Khajuri Deora Block: 350 hectares, ~62 million tonnes reserve
  • Kuria-Sivpur Block: 350 hectares, ~105 million tonnes reserve