Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI Listing Regulations 30 and 33
Audit Opinion:
Clean/Unmodified Review Opinion - No material misstatements identified
Key Financial Highlights [₹ in million]:
Consolidated Results:
Revenue from Operations: ₹1,602.89
Other Income: ₹42.35
Total Income: ₹1,735.24
Expenses Breakdown:
- Cost of materials consumed: ₹941.00
- Purchase of Stock in Trade: ₹87.92
- Change in inventories: (₹33.23)
- Employee benefits expense: ₹282.16
- Finance costs: ₹18.57
- Depreciation and amortization: ₹74.35
- Other expenses: ₹195.47
Total Expenses: ₹1,566.24
Profit before tax: ₹169.00
Tax Expense:
- Current tax: ₹56.90
- Deferred tax charge: ₹1.64
- MAT Credit: ₹0.00
Net Profit after tax: ₹110.46
Other comprehensive income: (₹1.40)
Total comprehensive income: ₹109.06
Net profit attributable to:
- Owners of Holding Company: ₹107.90
- Non-controlling interests: ₹2.56
Earnings per equity share (Face value ₹10):
- Basic: ₹1.40
- Diluted: ₹1.39
Paid-up equity share capital: ₹772.81
Other equity: Not Specified
Comparative Performance:
- Q1 FY27 vs Q4 FY26: Net profit declined from ₹175.23 million to ₹110.46 million (37% decrease)
- Q1 FY27 vs Q1 FY26: Net profit increased from ₹23.78 million to ₹110.46 million (364% increase)
Standalone Results:
Not Specified in detail
Segment-wise Performance:
The Company operates in one business segment: "Manufacturing of LED Lighting" as per Indian Accounting Standard 108.
Corporate Actions:
No dividend declarations, share splits, bonus issues, or buybacks announced.
IPO Proceeds Utilization:
The Company received ₹3,261.41 million (excluding issue-related expenses) from fresh issue of equity shares.
Utilization as of June 30, 2026:
- Debt repayment: ₹500.00 million (fully utilized)
- Funding capital expenditure: ₹183.487 million utilized, ₹28.825 million balance
- General corporate purposes: ₹637.78 million utilized, ₹0.51 million balance
Total utilized: ₹2,972.65 million
Balance unutilized: ₹28.876 million (temporarily invested in deposits with scheduled commercial banks)
Entities in Consolidation:
The consolidated results include:
- IKIO Solutions Private Limited (Wholly owned Subsidiary)
- Royalux Lighting Private Limited (Wholly owned Subsidiary)
- Royalux Exports Private Limited (Step-down Subsidiary)
- Royalux LLC (Step-down Subsidiary)
- Ritech Holding Limited (Step-down Subsidiary)
Auditor's Comments:
The review report includes other matters regarding subsidiary financials:
- Three subsidiaries' results reviewed by another auditor under IFRS: Share of PAT ₹2.83 million
- One subsidiary's results not reviewed by any auditor: Share of PAT ₹17.46 million (based on management-reviewed financial results)
Other Significant Information:
Previous period/year figures have been re-grouped/re-classified wherever necessary to conform to current period presentation.
The Meeting of the Board of Directors commenced at 4:00 PM and concluded at 6:00 PM on August 08, 2026.