Summary of Key Information:

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

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI Listing Regulations

Audit Opinion:

Unmodified opinion issued by M/s B S R and Co. LLP, Statutory Auditors on the Audited Financial Results for the Financial Year ended March 31, 2026.

Key Financial Highlights [INR in lakhs]:

Standalone Results:

Quarter Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹26,453
  • Other Income: ₹958
  • Total Income: ₹27,411
  • Profit Before Tax: ₹3,325
  • Exceptional Items: ₹185 [Statutory impact of new Labour Codes]
  • Profit After Exceptional Items Before Tax: ₹3,510
  • Total Tax Expenses: ₹818
  • Profit for the Period: ₹2,692
  • EPS (Basic & Diluted): ₹26.54

Quarter Ended December 31, 2025 (Unaudited):

  • Revenue from Operations: ₹27,040
  • Other Income: ₹838
  • Total Income: ₹27,878
  • Profit Before Tax: ₹3,457
  • Exceptional Items: (₹1,184) [Statutory impact of new Labour Codes]
  • Profit After Exceptional Items Before Tax: ₹2,273
  • Total Tax Expenses: ₹606
  • Profit for the Period: ₹1,667
  • EPS (Basic & Diluted): ₹16.43

Quarter Ended March 31, 2025 (Audited):

  • Revenue from Operations: ₹26,868
  • Other Income: ₹1,126
  • Total Income: ₹27,994
  • Profit Before Tax: ₹4,865
  • Total Tax Expenses: ₹1,249
  • Profit for the Period: ₹3,616
  • EPS (Basic & Diluted): ₹35.65

Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹86,545
  • Other Income: ₹3,736
  • Total Income: ₹90,281
  • Profit Before Tax: ₹9,568
  • Exceptional Items: (₹999) [Statutory impact of new Labour Codes]
  • Profit After Exceptional Items Before Tax: ₹8,569
  • Total Tax Expenses: ₹2,145
  • Profit for the Period: ₹6,424
  • EPS (Basic & Diluted): ₹63.33

Year Ended March 31, 2025 (Audited):

  • Revenue from Operations: ₹79,423
  • Other Income: ₹4,228
  • Total Income: ₹83,651
  • Profit Before Tax: ₹10,770
  • Total Tax Expenses: ₹2,776
  • Profit for the Period: ₹7,994
  • EPS (Basic & Diluted): ₹78.81

Financial Position as at March 31, 2026:

  • Property, Plant and Equipment: ₹12,458
  • Right-of-use assets: ₹444
  • Capital work-in-progress: ₹4,341
  • Inventories: ₹15,035
  • Trade receivables: ₹15,766
  • Cash and cash equivalents: ₹6,633
  • Other bank balances: ₹1,310
  • Total Current Assets: ₹76,526
  • Total Assets: ₹1,03,182
  • Equity Share Capital: ₹1,014
  • Other Equity: ₹79,323
  • Total Equity: ₹80,337
  • Total Current Liabilities: ₹22,753
  • Total Liabilities: ₹22,845

Cash Flow Statement for Year Ended March 31, 2026:

  • Cash used in operations: (₹1,067)
  • Net cash generated in investing activities: ₹17,241
  • Net cash used in financing activities: (₹12,639)
  • Net increase in cash and cash equivalents: ₹3,535
  • Cash and cash equivalents at beginning of year: ₹3,065
  • Cash and cash equivalents at end of year: ₹6,633

Segment-wise Performance:

The Company operates in a single segment "Power Products" in accordance with Ind AS-108.

Revenue from operations geographical breakdown:

  • India: ₹66,562 (FY26), ₹62,257 (FY25)
  • Outside India: ₹19,025 (FY26), ₹16,346 (FY25)
  • Total: ₹85,587 (FY26), ₹78,603 (FY5)

Other operating revenue:

  • India: ₹958 (FY26), ₹820 (FY25)
  • Total Revenue from Operations: ₹86,545 (FY26), ₹79,423 (FY25)

Corporate Actions:

  • Recommendation of final dividend of ₹13 per equity share (130%) on equity shares of face value of ₹10 each fully paid-up for FY26
  • Dividend payment subject to shareholder approval at ensuing AGM
  • Proposed payment date: September 17, 2026
  • Record date for dividend: August 19, 2026
  • Closure of Register of Members and Share Transfer Books: August 20, 2026 to August 26, 2026 (both days inclusive)

Other Significant Information:

  • Exceptional item of ₹999 lakhs for FY26 represents statutory impact of new Labour Codes implementation
  • The incremental impact consists of gratuity ₹702 lakhs and long-term compensated absences ₹297 lakhs
  • The Company continues to monitor finalization of Central/State Rules and clarifications from Government
  • The figures of quarters ended March 31, 2025 & March 31, 2026 are balancing figures between audited full year and published unaudited year-to-date figures up to third quarter