Key Financial Figures (Amounts in ₹ Lakhs)
- Total Income: ₹2,953.59 (FY25: ₹1,915.84)
- Revenue from Operations: ₹2,919.32
- Other Income: ₹34.27
- Profit Before Tax: ₹90.04 (FY25: ₹80.03)
- Profit After Tax: ₹62.64 (FY25: ₹60.43)
- Earnings Per Share (Basic & Diluted): ₹1.63 (FY25: ₹2.08)
- Total Expenses: ₹2,863.55
- Interest & Financial Charges: ₹65.81
- Depreciation & Amortization: ₹13.89
- Tax Expense: ₹27.40
- Current Tax: ₹21.00
- Deferred Tax: ₹1.14
- Income Tax (Earlier Year): ₹5.26
Capital Structure
- Authorized Share Capital: ₹5,00,00,000 (50,00,000 equity shares of ₹10 each)
- Paid-up Share Capital: ₹3,84,00,000 (38,40,000 equity shares of ₹10 each)
- Reserves and Surplus: ₹765.55 Lakhs
- Securities Premium: ₹590.69 Lakhs
- Surplus in Profit & Loss: ₹174.86 Lakhs
IPO Proceeds Utilization
The company raised ₹7,38,40,000 through its IPO. As of March 31, 2026:
- Amount Utilized: ₹7,28,40,000
- Unutilized Amount: ₹10,00,000 (parked in Fixed Deposit with HDFC Bank)
- No deviation/variation in utilization from stated objects
Significant Events
- Listing: The company was listed on BSE SME Platform on February 21, 2025
- Subsidiary Formation: Incorporated L.K. Mehta Green Private Limited on August 5, 2026 (post-year end) with authorized capital ₹10,00,000 and paid-up capital ₹1,00,000 (CIN: U38300MP2026PTC086033)
- Management Changes:
- Ms. Pooja Wadhwani resigned as Company Secretary effective April 1, 2025
- Mr. Akash Rajput appointed Company Secretary June 20, 2025, resigned November 30, 2025
- Ms. Deeksha Sahu appointed Company Secretary effective February 28, 2026
Annual General Meeting Details
- Date: September 26, 2026
- Time: 12:15 PM
- Venue: Registered Office at 1103/2 Mhow-Neemuch Road, Ratlam, Madhya Pradesh, India, 457001
- Business to be Transacted:
1. Adoption of audited financial statements for FY 2025-26
2. Re-appointment of Mr. Kamlesh Mehta (DIN: 00223360) as Managing Director
3. Approval of related party transactions with M/s Kamlesh Industries for FY 2026-27 (aggregate value not exceeding ₹10,00,00,000)
Related Party Transactions
Approval sought for transactions with M/s Kamlesh Industries (proprietorship concern of Mr. Kamlesh Mehta) for:
- Sale/purchase of plastic ropes and granules
- Job work and related transactions
- Maximum aggregate value: ₹10 crore for FY 2026-27
- Transactions to be in ordinary course of business on arm's length basis
Dividend
No dividend recommended for FY 2025-26 to conserve resources for business operations and future growth.
Corporate Governance
- Board Composition: 5 Directors (2 Executive, 3 Non-Executive including 2 Independent)
- Board Meetings: 8 meetings held during FY 2025-26
- Committees: Audit Committee, Stakeholders Relationship Committee, Nomination and Remuneration Committee
- Auditors:
- Statutory Auditors: M/s DCJ and Associates (appointed for 5 years until 2029 AGM)
- Secretarial Auditors: M/s NPG & Co. (appointed for 5 years until 2030 AGM)
- Internal Auditor: Mr. Rahul Kumar Parihar
Key Ratios
- Current Ratio: 2.31
- Debt Equity Ratio: 0.13
- Debt Service Coverage Ratio: 1.64
- Return on Equity: 5.60%
- Inventory Turnover Ratio: 6.45
- Trade Receivables Turnover Ratio: 2.92
- Net Profit Ratio: 2.15%