Key Quantitative Figures
- Gross Turnover FY26: ₹6326.17 lakh (Previous year: ₹5826.37 lakh)
- Operating Profit (before interest and depreciation): ₹2085.31 lakh (Previous year: ₹2105.60 lakh)
- Net Profit After Tax: ₹1474.32 lakh (Previous year: ₹1468.08 lakh)
- Interim Dividend: ₹10 per equity share (100% of face value of ₹10 each)
- Total Dividend Outflow: ₹566.50 lakh (Previous year: ₹339.90 lakh)
- Transfer to Reserves: ₹79.31 lakh
- Basic EPS: ₹32.53 (Previous year: ₹32.39)
- Total Assets: ₹11,196.18 lakh (Previous year: ₹10,031.38 lakh)
- Cash & Bank Balances: ₹938.24 lakh in cash equivalents + ₹7814.47 lakh in other bank balances
- Inventory: ₹793.82 lakh (Previous year: ₹595.80 lakh)
- Trade Receivables: ₹538.05 lakh (Previous year: ₹286.06 lakh)
Dates of Action
- AGM Date: August 25, 2026 at 10:00 hours through Video Conferencing
- Remote e-voting Period: August 22, 2026 (09:00 hours) to August 24, 2026 (17:00 hours)
- Cut-off date for voting: August 18, 2026
- Interim Dividend Declaration Date: October 28, 2025 (already paid)
- Board Meeting Date for Results: May 26, 2026
- Financial Year: April 1, 2025 to March 31, 2026
Parties Involved
- Registrars: Alankit Assignments Ltd, New Delhi
- Statutory Auditors: Mittal & Mittal Associates, Chartered Accountants
- Secretarial Auditors: G Aakash & Associates, Company Secretaries
- Internal Auditors: Vishal G. Goel & Co, Chartered Accountants
- Banker: HDFC Bank Ltd, Sonipat
- Scrutinizer for e-voting: G Aakash & Associates
Special Business Resolutions
1. Reappointment of Jai Kishan Garg as Managing Director for three years from October 1, 2026 to September 30, 2029 with basic pay of ₹14,14,000 per month (ceiling: ₹20,00,000 per month)
2. Reappointment of Manish Garg as Executive Director for three years from October 1, 2026 to September 30, 2029 with basic pay of ₹10,05,000 per month (ceiling: ₹15,00,000 per month)
Director Details
- Jai Kishan Garg (DIN: 00596709): 80 years, Mechanical Engineer, 53 years experience, holds 4,338 shares (0.10%)
- Manish Garg (DIN: 00188959): 52 years, M.Tech (Electronics), 30 years experience, holds 1,007,213 shares (22.22%)
- Relationship: Manish Garg is son of Jai Kishan Garg
Capital Structure Impact
- No change in share capital: 4,532,000 equity shares of ₹10 each fully paid up
- Total equity stands at ₹9,922.49 lakh
- No dilution from director appointments
Corporate Governance Compliance
- Board consists of 5 directors (3 independent, 2 executive)
- 6 Board meetings held during FY26
- All mandatory committees constituted (Audit, NRC, Stakeholders Relationship)
- Unmodified audit opinion from statutory auditors
- Clean secretarial audit report with no qualifications
Foreign Exchange Transactions
- Foreign Exchange Earnings: ₹1207.57 lakh (Previous year: ₹943.38 lakh)
- Foreign Exchange Expenditure: ₹1041.21 lakh (Previous year: ₹841.28 lakh)
- Export of Goods: ₹1068.46 lakh in USD + ₹139.11 lakh in EURO
Related Party Transactions
- All transactions at arm's length basis
- Omnibus approval obtained from Audit Committee
- No material conflicts of interest identified
Dividend History
- FY26: Interim dividend ₹10 per share (100%)
- FY25: Interim dividend ₹5 per share + Final dividend ₹2.50 per share (total 75%)
- FY24: Interim dividend ₹5 per share (50%)
Forward-looking Statements
- Order book position sufficient for next three months
- Expect 10-20% operational improvement over next 1-2 years
- Global disturbances and tariff wars may impact FY27 sales
- Focus on product innovation and digital transformation