Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 31st March, 2026 and Year ended 31st March, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Audited Financial Results and Corporate Decisions
Audit Opinion:
Clean/Unmodified Opinion - Statutory Auditors M/S. M Anandam & Co. issued an audit report with unmodified opinion on Audited Financial Results
Key Financial Highlights [Rs. in lakhs]:
Standalone Results:
Quarter ended 31-03-2026:
- Revenue from Operations: ₹1,482.63 lakhs (vs ₹1,985.09 lakhs in Q4 FY25 - decline of 25.3% YoY)
- Total Income: ₹1,687.63 lakhs
- Net Loss: ₹(443.53) lakhs (vs ₹(786.58) lakhs in Q4 FY25)
- EPS: ₹(5.71) per share
Year ended 31-03-2026:
- Revenue from Operations: ₹7,886.15 lakhs (vs ₹8,922.29 lakhs in FY25 - decline of 11.6% YoY)
- Total Income: ₹8,675.08 lakhs
- Net Loss: ₹(2,405.67) lakhs (vs ₹(1,330.53) lakhs in FY25 - loss widened by 80.8%)
- EPS: ₹(30.95) per share
- Other Equity: ₹17,492.41 lakhs (vs ₹20,125.63 lakhs in FY25)
- Cash and Cash Equivalents: ₹228.74 lakhs (vs ₹3,772.72 lakhs in FY25)
- Debt: Short-term borrowings ₹1,950.04 lakhs (vs ₹1,842.24 lakhs in FY25)
Consolidated Results:
Not Specified (Results presented are standalone)
Segment-wise Performance [Rs. in lakhs]:
Year ended 31-03-2026:
- Cement Segment Revenue: ₹6,364.95 lakhs
- Sugar Segment Revenue: ₹1,625.93 lakhs
- Power Segment Revenue: ₹99.00 lakhs
- Total Segment Revenue: ₹8,089.88 lakhs
- Less: Inter-segment Revenue: ₹203.73 lakhs
- Net Revenue from Operations: ₹7,886.15 lakhs
Segment Results (Profit/Loss before tax and interest):
- Cement Segment: ₹(1,089.87) lakhs loss
- Sugar Segment: ₹(960.18) lakhs loss
- Power Segment: ₹(305.88) lakhs loss
- Total Segment Loss: ₹(2,355.94) lakhs
Corporate Actions:
- Dividend: Board recommended dividend at 30% i.e. ₹3.00 per share (face value of ₹10 each) for FY26, subject to shareholder approval
- Record Date: 3rd August, 2026 for determining entitlement for dividend payment
- Register of Members to remain closed from 4th August, 2026 to 10th August, 2026 (both days inclusive)
Other Significant Information:
- The company noted implementation of four Labour Codes by Government of India on November 21, 2025, and is in process of restructuring employee compensation
- Financial impact of Labour Code changes presented under "Employee benefits expense" in Statement of Profit and Loss
- Company continues to monitor finalization of Central/State Rules and will provide appropriate accounting effect as needed
- The figures of the fourth quarter are balancing figures between audited full year and unaudited results up to third quarter
Statement of Assets and Liabilities as at 31-03-2026 [Rs. in lakhs]:
Assets:
- Property, plant and equipment: ₹4,449.22 lakhs
- Investments: ₹3.00 lakhs
- Other Financial Assets: ₹6,966.40 lakhs
- Other Non-current Assets: ₹359.62 lakhs
- Inventories: ₹3,419.71 lakhs
- Trade Receivables: ₹1,795.72 lakhs
- Cash & Cash equivalents: ₹228.74 lakhs
- Bank Balances other than cash: ₹4,043.07 lakhs
- Other Financial Assets: ₹174.89 lakhs
- Current Tax Assets: ₹1,085.78 lakhs
- Other Current Assets: ₹433.74 lakhs
- Total Assets: ₹22,959.90 lakhs
Liabilities:
- Equity Share Capital: ₹777.39 lakhs
- Other Equity: ₹17,492.41 lakhs
- Provisions: ₹81.79 lakhs
- Deferred Tax Liabilities: ₹724.60 lakhs
- Borrowings: ₹1,950.04 lakhs
- Trade Payables: ₹815.88 lakhs (Micro enterprises: ₹6.95 lakhs, Others: ₹808.93 lakhs)
- Other Financial Liabilities: ₹403.61 lakhs
- Other Current Liabilities: ₹614.70 lakhs
- Provisions: ₹99.47 lakhs
- Total Liabilities: ₹22,959.90 lakhs
Cash Flow Statement [Rs. in lakhs]:
Year ended 31-03-2026:
- Net cash used in operating activities: ₹(2,066.36) lakhs
- Net cash used in investing activities: ₹(1,280.13) lakhs
- Net cash used in financing activities: ₹(197.49) lakhs
- Net decrease in cash and cash equivalents: ₹(3,543.98) lakhs