A. Unaudited Financial Results for Quarter and Half Year Ended 30th September 2026
The Board of Directors approved the unaudited financial results at their meeting held on 29th October 2026. The results include a Limited Review Report from the statutory auditors, N.R.D. Associates, as required under Regulation 33 of SEBI LODR Regulations.
Financial Performance (₹ in Lakhs):
Quarter Ended 30.09.2026:
- Revenue from operations: ₹9,429.55
- Other income: ₹79.02
- Total Income: ₹9,508.57
- Profit before tax: ₹361.06
- Tax expense: ₹73.75 (Current tax: ₹69.70, Deferred tax: ₹4.05)
- Profit for the period: ₹287.31
- Basic and Diluted EPS: ₹11.69 (not annualized)
Half Year Ended 30.09.2026:
- Revenue from operations: ₹16,021.50
- Other income: ₹254.22
- Total Income: ₹16,275.72
- Profit before tax: ₹438.28
- Tax expense: ₹99.07 (Current tax: ₹93.49, Deferred tax: ₹5.58)
- Profit for the period: ₹339.21
- Basic and Diluted EPS: ₹13.80 (not annualized)
Segment-wise Performance (Q2 FY27):
- Electricals: Revenue ₹800.59 crore, Profit before tax ₹34.97 crore
- Plastics: Revenue ₹141.98 crore, Loss before tax ₹1.92 crore
- Wind Power Generation: Revenue ₹3.97 crore, Profit before tax ₹2.75 crore
Balance Sheet Highlights (as at 30.09.2026):
- Total Assets: ₹41,966.52 lakhs
- Total Equity: ₹29,525.84 lakhs
- Paid-up equity share capital: ₹245.80 lakhs (face value ₹10 each)
B. Recommendation of Appointment of Sri. Vedhanth Senthilkumar as Wholetime Director
The Board recommended the appointment of Sri. Vedhanth Senthilkumar (DIN: 08207030) as Wholetime Director for 2 years from 20th January 2027 to 19th January 2029, subject to shareholder approval. He is currently a Non-executive Non-Independent Director since 5th June 2025.
Profile: B.Eng. (Honors) in Manufacturing and Mechanical Engineering from University of Warwick, UK, and MBA from London Business School. Has experience at TVS Group, Tata Motors, and LMW Limited. Currently Director in Lakshmi Electrical Drives Private Limited and Lakshmi Precision Technologies Limited.
Relationships: Related to Smt. Nethra J.S. Kumar (Chairperson and Managing Director) and Sri. D. Senthilkumar (Director).
C. Recommendation of Appointment of Sri. Thiagarajan Arumugam as Wholetime Director (Finance)
The Board recommended the appointment of Sri. Thiagarajan Arumugam (DIN: 01019874) as Wholetime Director (Designated as Director - Finance) for 5 years from 20th January 2027 to 19th January 2032, subject to shareholder approval. He is currently the Chief Financial Officer since 31st January 2018.
Profile: M.Com. and qualified Cost Accountant (ACMA) with 32 years of experience in Accounts, Finance, Costing, Supply Chain Management, Marketing and Commercial Operations.
Relationships: Not related to any other Director or Key Managerial Personnel.
D. Postal Ballot Process
The Board approved conducting a postal ballot to seek shareholder approval for the appointments of the two Wholetime Directors. Sri M. D. Selvaraj, Managing Partner of MDS & Associates LLP, Company Secretaries, Coimbatore, was appointed as the Scrutinizer for the process.
The Postal Ballot Notice will be intimated to the Stock Exchange and circulated to shareholders in due course.
Meeting Details
The Board Meeting commenced at 5:00 PM and concluded at 5:55 PM on 29th October 2026.