Financial Performance Highlights

Standalone Financials (₹ in Lakhs)

  • Total Income: ₹429.98 (FY25: ₹327.74)
  • Profit Before Tax: ₹221.18 (FY25: ₹178.73)
  • Net Profit After Tax: ₹165.94 (FY25: ₹134.46)
  • Earnings Per Share (Basic/Diluted): ₹5.10 (FY25: ₹4.15)

Consolidated Financials (₹ in Lakhs)

  • Total Income: ₹894.98 (FY25: ₹327.74)
  • Profit Before Tax: ₹298.48 (FY25: ₹178.73)
  • Net Profit After Tax: ₹223.69 (FY25: ₹134.46)
  • Earnings Per Share (Basic/Diluted): ₹6.88 (FY25: ₹4.15)

Capital Structure

  • Authorized Share Capital: ₹10.50 crores (1.05 crore equity shares of ₹10 each)
  • Paid-up Share Capital: ₹3.47 crores (34.68 lakh equity shares of ₹10 each)
  • Preferential Allotment: 2,28,000 equity shares allotted during FY26 at ₹264.75 per share (₹10 face value + ₹254.75 premium)

Dividend

No dividend recommended for FY 2025-26 to conserve resources for future growth.

Key Corporate Developments

Director Appointments/Regularizations

1. Mr. Himanshu Keshubhai Togadiya (DIN: 07610961) appointed as Non-Executive Independent Director for 5 years from 17th November 2025

2. Mr. Amit Kumar Bera (DIN: 05228122) appointed as Non-Executive Independent Director for 5 years from 2nd April 2026

3. Mr. Samrat Mondal (DIN: 05228118) appointed as Non-Executive Independent Director for 5 years from 2nd April 2026

4. Ms. Hardika Ladha (DIN: 10942355) appointed as Non-Executive Independent Director for 5 years from 7th August 2026

5. Mr. Swaroop Dylon (DIN: 11921050) appointed as Whole-time Director for 5 years from 2nd September 2026 with remuneration up to ₹2 lakhs per month

Subsidiary Companies

1. Ghantiram Foods Private Limited (64.50% holding)

2. Shree Vrajendra Foods Private Limited (51.00% holding)

3. Tech Riser Private Limited (51.00% holding)

Annual General Meeting Details

  • Date: Tuesday, 29th September 2026
  • Time: 4:00 PM IST
  • Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Record Date: 22nd September 2026
  • Business: Adoption of financial statements, director appointments, and special business resolutions

Auditor Information

  • Statutory Auditor: M/s. Sunit M Chhatbar & Co, Chartered Accountants, Rajkot
  • Secretarial Auditor: M/s. Jitendra Parmar & Associates, Company Secretaries, Ahmedabad
  • Internal Auditor: Mr. Harshil Shah, Chartered Accountant

Related Party Transactions

  • Purchase of fixed assets from Ghantiram Foods Private Limited (subsidiary): ₹62.42 lakhs
  • Loans given to subsidiaries: ₹560.74 lakhs to Ghantiram Foods, ₹256.94 lakhs to Shree Vrajendra Foods, ₹243.97 lakhs to Tech Riser Private Limited
  • Loans given to other entities: ₹120 lakhs to Ghura Industries Private Limited, ₹72.69 lakhs to G V Films Limited

Key Financial Ratios

Standalone

  • Current Ratio: 1.47 (1.34)
  • Return on Equity: 0.10 (0.20)
  • Net Profit Margin: 0.83 (0.51)

Consolidated

  • Current Ratio: 2.49 (1.34)
  • Return on Equity: 0.14 (0.20)
  • Net Profit Margin: 0.34 (0.51)

Business Operations

The company is primarily engaged in Institutional Laundry Services and agricultural products business including wheat flour and related products. The management discussion highlights growth opportunities in institutional outsourcing and agricultural products, while noting threats from competition and input cost fluctuations.

Voting Arrangements

  • Remote e-voting period: 26th September 2026 (9:00 AM) to 28th September 2026 (5:00 PM)
  • E-voting facilitated through NSDL
  • Physical attendance dispensed with as per MCA circulars