Key Quantitative Figures

Financial Results for FY26 (Year Ended March 31, 2026):

  • Revenue from Operations: ₹30,906.46 lakhs (₹309.06 crore)
  • Total Income: ₹34,126.02 lakhs (₹341.26 crore)
  • Profit Before Tax: ₹12,038.59 lakhs (₹120.39 crore)
  • Profit After Tax: ₹9,230.25 lakhs (₹92.30 crore)
  • Earnings Per Share (Basic & Diluted): ₹8.32
  • Other Equity: ₹79,816.00 lakhs (₹798.16 crore)

Q4 FY26 Results (Quarter Ended March 31, 2026):

  • Revenue from Operations: ₹6,839.45 lakhs (₹68.39 crore)
  • Profit After Tax: ₹1,616.62 lakhs (₹16.17 crore)
  • Earnings Per Share (Basic & Diluted): ₹1.46

Dividend Recommendation:

  • Final dividend of ₹5.00 per equity share (250%) on face value of ₹2/- each
  • Total dividend payout on 11,10,00,000 shares: ₹5,550.00 lakhs (₹55.50 crore)
  • Subject to shareholder approval at the 39th Annual General Meeting (AGM)

Exceptional Item:

  • Recognized expenses of ₹179.19 lakhs (₹1.79 crore) due to implementation of New Labour Codes effective November 21, 2025

Dates of Action

  • Board Meeting Date: May 30, 2026 (1:15 PM to 4:45 PM IST)
  • Financial Year Ended: March 31, 2026
  • Dividend Payment: To be paid on or after five days but before thirty days from declaration at AGM
  • Director Re-appointment: Effective January 27, 2027 to January 26, 2032
  • Internal Auditor Appointment: For financial year 2026-27

Parties Involved

  • Statutory Auditors: M/s. Singhi & Co. (Firm Registration No.: 302049E)
  • Internal Auditors: M/s. S. S. Kothari Mehta & Co. LLP
  • Independent Director: Ms. Suparna Chakrabortti (DIN: 07090308)
  • Compliance Officer: Jit Roy Choudhury, Company Secretary

Financial and Operational Impact

Year-over-Year Comparison (FY26 vs FY25):

  • Revenue decreased by 6.9% from ₹33,186.38 lakhs to ₹30,906.46 lakhs
  • Net Profit decreased by 4.4% from ₹9,658.52 lakhs to ₹9,230.25 lakhs
  • EPS decreased from ₹8.70 to ₹8.32
  • Other Income decreased significantly by 32.6% from ₹4,773.39 lakhs to ₹3,219.56 lakhs

Balance Sheet Position (as of March 31, 2026):

  • Total Assets: ₹89,458.18 lakhs (₹894.58 crore)
  • Total Equity: ₹82,036.00 lakhs (₹820.36 crore)
  • Investments: ₹59,279.04 lakhs (₹592.79 crore)
  • Inventories: ₹8,998.11 lakhs (₹89.98 crore)

Cash Flow Statement (FY26):

  • Net Cash from Operating Activities: ₹6,761.05 lakhs (₹67.61 crore)
  • Net Cash from Investing Activities: ₹2,262.21 lakhs (₹22.62 crore)
  • Net Cash used in Financing Activities: ₹(9,022.40) lakhs (₹90.22 crore)
  • Net decrease in cash: ₹(9,022.40) lakhs (₹90.22 crore)

Capital Structure Impact

  • Paid-up Equity Share Capital remains unchanged at ₹2,220.00 lakhs (2.22 crore shares of ₹2 face value)
  • Dividend payment will result in cash outflow of approximately ₹55.50 crore upon shareholder approval

Notes to Financial Results

1. The company operates in a single reportable segment (glass & glassware) as per Ind AS 108

2. Income from Debt Mutual Funds decreased by ₹1046.12 lakhs YoY due to mark-to-market impact from geopolitical situation

3. Figures for previous periods have been regrouped and reclassified for consistency

4. The audit report contains an unmodified opinion from statutory auditors

5. The New Labour Codes implementation impact is considered exceptional; management will continue monitoring subsequent rule notifications

Governance Updates

  • Re-appointment of Ms. Suparna Chakrabortti as Non-Executive Woman Independent Director for second term (5 years)
  • Re-appointment of S.S. Kothari Mehta & Co. LLP as Internal Auditors for FY2026-27
  • All appointments subject to shareholder approval at the 39th AGM