Summary of Key Information:
Reporting Period: Quarter and Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Audited Financial Results and Dividend Recommendation
Audit Opinion:
Unmodified opinion (clean) on both standalone and consolidated annual audited financial results for the year ended March 31, 2026.
Key Financial Highlights [Rs. in Lakhs]:
Standalone Results:
For Year Ended March 31, 2026:
- Revenue from Operations: ₹11,962.70 (compared to ₹18,453.20 in FY25)
- Total Income: ₹19,393.01 (compared to ₹18,636.90 in FY25)
- Net Profit: ₹4,063.02 (341% increase from ₹920.01 in FY25)
- EPS: ₹5.54 (compared to ₹1.27 in FY25)
- Other Equity: ₹22,603.13 (compared to ₹18,592.59 in FY25)
- Cash and Cash Equivalents: ₹1,411.44 (compared to ₹870.19 in FY25)
- Total Debt: Current Borrowings ₹5,388.97 + Non-Current Borrowings ₹2,110.43 = ₹7,499.40
For Quarter Ended March 31, 2026:
- Revenue from Operations: ₹1,420.20
- Total Income: ₹8,506.48
- Net Profit: ₹4,297.70
- EPS: ₹5.84
Consolidated Results:
For Year Ended March 31, 2026:
- Revenue from Operations: ₹13,128.04
- Total Income: ₹20,594.90
- Net Profit: ₹4,045.07 (766% increase from ₹467.08 in FY25)
- EPS: ₹5.52 (compared to ₹0.64 in FY25)
- Other Equity: ₹22,462.11
For Quarter Ended March 31, 2026:
- Revenue from Operations: ₹1,786.35
- Total Income: ₹8,874.25
- Net Profit: ₹4,305.37
- EPS: ₹5.87
Segment-wise Performance:
The Company's business activity falls within a single business segment as per Ind AS 108, hence no segment-wise breakdown provided.
Corporate Actions:
Dividend:
- Board recommended a final dividend of 15% (₹0.30 per equity share of face value ₹2 each)
- Includes regular dividend of 10% and special dividend of 5% on account of successful defense of commercial property 'Menon Eternity, Chennai' pursuant to Supreme Court order
- Subject to shareholder approval at ensuing Annual General Meeting
Capital Raising:
- Issued 33,33,330 warrants at ₹30.00 per warrant on April 26, 2025 (₹999.99 lakhs total)
- Warrant holders paid 25% upfront, balance 75% payable upon conversion within 18 months
- Allotted 5,55,000 equity shares pursuant to ESOP exercise, increasing paid-up capital by ₹11.10 lakhs
Other Significant Information:
Balance Sheet Position (Standalone as at March 31, 2026):
- Total Assets: ₹41,050.26 lakhs
- Total Equity: ₹24,074.14 lakhs
- Inventories: ₹29,584.98 lakhs
- Trade Receivables: ₹1,430.79 lakhs
Cash Flow (Standalone FY26):
- Net Cash from Operating Activities: ₹267.48 lakhs
- Net Cash from Investing Activities: ₹7,747.23 lakhs
- Net Cash from Financing Activities: ₹(7,473.45) lakhs
- Net Increase in Cash: ₹541.25 lakhs
Property Defense:
Successfully defended title of commercial property 'Menon Eternity, Chennai' pursuant to Supreme Court order, resulting in special dividend declaration.