Summary of Key Information:

Reporting Period: Quarter and Year ended 31st March, 2026

Nature of Filing / Announcement: Outcome of Board Meeting and Regulatory Disclosures under SEBI LODR

Audit Opinion:

Unmodified Opinion (Clean)

Auditor’s Comment:

The statutory auditors, M/s. Keyur Shah & Associates, issued an unmodified opinion stating the financial results give a true and fair view in conformity with applicable accounting standards.

Key Financial Highlights [₹ in lakhs]:

Standalone Results:

For Year Ended 31st March, 2026:

  • Revenue from Operations: ₹6,187.56 lakh (FY25: ₹7,525.03 lakh)
  • Total Income: ₹7,438.53 lakh (FY25: ₹7,875.57 lakh)
  • Net Profit: ₹104.17 lakh (FY25: Net Loss of ₹547.08 lakh)
  • EPS - Basic: ₹0.51 (FY25: Negative)
  • EPS - Diluted: ₹0.36 (FY25: Negative)
  • Other Equity: (₹254.96) lakh (FY25: (₹1,582.78) lakh)

For Quarter Ended 31st March, 2026:

  • Revenue from Operations: ₹1,153.59 lakh (Q4 FY25: ₹2,096.91 lakh)
  • Total Income: ₹1,489.63 lakh (Q4 FY25: ₹2,098.77 lakh)
  • Net Loss: ₹65.47 lakh (Q4 FY25: Net Profit of ₹52.48 lakh)
  • EPS - Basic: (₹0.32) (Q4 FY25: ₹0.26)
  • EPS - Diluted: (₹0.22) (Q4 FY25: ₹0.26)

Debt Position (as of 31st March, 2026):

  • Borrowings (Non-current): ₹3,535.83 lakh
  • Borrowings (Current): ₹2,029.32 lakh
  • Total Borrowings: ₹5,565.15 lakh

Cash and Cash Equivalents:

  • As of 31st March, 2026: ₹1.52 lakh
  • As of 31st March, 2025: ₹11.09 lakh

Segment-wise Performance [₹ in lakhs]:

For Year Ended 31st March, 2026:

  • India Segment Revenue: ₹6,056.65 lakh (FY25: ₹6,715.31 lakh)
  • Overseas Segment Revenue: ₹130.91 lakh (FY25: ₹809.72 lakh)
  • India Segment Profit before finance costs: ₹493.66 lakh (FY25: Loss of ₹120.76 lakh)

Country-wise Revenue (Overseas) for FY26:

  • Israel: ₹53.95 lakh
  • Portugal: ₹71.46 lakh
  • UK: ₹5.51 lakh
  • Total Overseas: ₹130.91 lakh

Corporate Actions:

Equity Share Allotment:

  • Allotted 300,000 equity shares on 27th February, 2026 pursuant to conversion of equity share warrants
  • Issue price: ₹45.20 per share (₹10 face value + ₹35.20 premium)
  • Total consideration received during Q4 FY26: ₹101.70 lakh (75% of total)
  • Total consideration received overall: ₹1,277.40 lakh

Internal Auditor Appointment:

  • Appointed M/s. Savjani & Associates (FRN: 133389W) as Internal Auditor for FY26-27
  • Date of appointment: 30th May, 2026

Other Significant Information:

Business Operations:

  • The company is engaged in manufacturing and sale of Vitrified Tiles and Wall Tiles

Accounting Treatment:

  • The figures for Q4 FY26 are balancing figures between unaudited nine months ended 31st December, 2025 and audited FY26 figures
  • Previous year's figures have been regrouped/rearranged/restated/adjusted/rectified/recasted where necessary