Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Approval of Unaudited Financial Results
Audit Opinion:
Unmodified conclusion (clean opinion) from statutory auditors MSKA & Associates LLP for both standalone and consolidated financial results
Key Financial Highlights [₹ Crores]:
Consolidated Results:
Revenue from Operations: ₹1,201.08 (Q1 FY27) vs ₹1,018.69 (Q1 FY26) - 17.9% YoY increase
Total Income: ₹1,206.99 (Q1 FY27) vs ₹1,022.16 (Q1 FY26)
Net Profit: ₹42.76 (Q1 FY27) vs ₹32.21 (Q1 FY26) - 32.8% YoY increase
EPS: ₹3.53 basic and diluted (face value ₹2 each)
Other Income: ₹5.91
Total Expenses: ₹1,150.32
Profit Before Tax: ₹56.58
Tax Expense: ₹13.82 (Current tax: ₹13.15, Deferred tax: ₹0.67)
Total Comprehensive Income: ₹43.25
Standalone Results:
Revenue from Operations: ₹934.57 (Q1 FY27) vs ₹757.23 (Q1 FY26) - 23.4% YoY increase
Total Income: ₹944.61 (Q1 FY27) vs ₹762.84 (Q1 FY26)
Net Profit: ₹40.81 (Q1 FY27) vs ₹30.86 (Q1 FY26) - 32.2% YoY increase
EPS: ₹3.37 basic and diluted (face value ₹2 each)
Other Income: ₹10.04
Total Expenses: ₹889.83
Profit Before Tax: ₹54.78
Tax Expense: ₹13.97 (Current tax: ₹13.15, Deferred tax: ₹0.82)
Total Comprehensive Income: ₹40.99
Segment-wise Performance:
The Group is predominantly engaged in a single business segment - "Contract Manufacturing" - and no separate segment information has been furnished as per Ind AS 108.
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced in this quarter.
Other Significant Information:
Acquisitions:
On April 1, 2026, the company completed acquisition of manufacturing facility of Ultra Beauty Care Private Limited at Aurangabad, Maharashtra for ₹21.81 Crores. The company recorded fair value of net assets acquired at ₹24.19 Crores and Capital Reserve of ₹2.38 Crores (after tax adjustment) on provisional basis.
Subsequent Events:
Post quarter-end, the Silvassa manufacturing facility was affected by flooding due to incessant rainfall and severe waterlogging. The extent of damage to plant, machinery, inventory and other assets is being assessed. The assets are comprehensively covered under insurance.
Subsidiary Information:
Consolidated results include:
- 5 wholly-owned subsidiaries
- 1 associate (Asar Green Kabadi Private Limited, effective August 21, 2025)
The auditors noted that 2 subsidiaries with revenues of ₹121.22 Cr and net loss of ₹2.16 Cr were reviewed by other auditors, while 2 subsidiaries with revenues of ₹35.36 Cr and net loss of ₹1.21 Cr were not reviewed by their auditors.