Board Meeting Details
The Board of Directors meeting was held on Tuesday, August 11, 2026, commencing at 2:00 PM and concluding at 4:20 PM.
Key Approvals
1. Approved unaudited standalone financial results for the quarter ended June 30, 2026, along with Limited Review Report from statutory auditors
2. Declared record date for dividend as Friday, August 21, 2026
3. Scheduled 47th Annual General Meeting for Monday, September 21, 2026
Financial Results - Quarter Ended June 30, 2026 (Unaudited)
Income Statement (₹ lakh):
- Revenue from operations: ₹5,697.56
- Other Income: ₹39.40
- Total Income: ₹6,707.28
Expenses (₹ lakh):
- Cost of raw materials and components consumed: ₹2,028.86
- Changes in inventories of finished goods, work-in-progress and scrap: ₹1,247.66
- Employee benefit expense: ₹1,063.76
- Finance Costs: ₹172.62
- Depreciation and amortisation expenses: ₹301.16
- Other expenses: ₹1,417.75
- Total Expenses: ₹6,091.95
Profitability (₹ lakh):
- Profit Before Exceptional Items: ₹615.33
- Profit Before Tax: ₹615.33
- Tax Expense: ₹167.37
- Current tax: ₹218.94
- Deferred tax: ₹(51.57)
- Profit after tax: ₹447.96
- Total comprehensive income for the period: ₹447.96
Comparative Figures (₹ lakh):
- Q1 FY25 (June 30, 2025): Revenue ₹6,413.27, PAT ₹140.65
- Q4 FY25 (March 31, 2026): Revenue ₹6,679.62, PAT ₹587.98
- Full Year FY25: Revenue ₹23,464.47, PAT ₹931.74
Capital Structure:
- Paid-up Equity Share Capital (FV of ₹10 each): ₹363.90 lakh
Per Share Data:
- Basic EPS: ₹12.31
- Diluted EPS: ₹12.31
Auditor's Limited Review Report
M. P. Chitale & Co. (FRN: 101851W) issued a limited review report with disclaimer of opinion due to:
1. Incomplete inventory valuation methodology refinement process
2. Unascertainable impact on cost of materials and inventory changes
3. Trade receivables, trade payables, stock with vendors, and bank balances subject to confirmations and reconciliations
4. Property, plant and equipment, GST input tax credit, and GSTR 1 sales reported subject to reconciliations
5. Inadequate documentation for internal financial controls assessment
The auditors were unable to obtain sufficient appropriate evidence despite applying alternative procedures.