Board Meeting Details

The Board of Directors meeting was held on Tuesday, 26th May, 2026, commencing at 4:00 PM and concluding at 7:00 PM.

Financial Results Approval

The Board approved the Audited Financial Results (Standalone and Consolidated) for the Quarter/Year ended 31st March, 2026 pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

Auditor's Opinion

Statutory Auditors M/s Singhi & Co., Chartered Accountants issued unmodified opinion on both standalone and consolidated financial results.

Key Financial Figures - Standalone (₹ in Lakhs)

Quarterly Performance (Q4 FY2026)

  • Total Income: ₹1,394.91 lakhs
  • Total Expenses: ₹1,237.42 lakhs
  • Profit Before Tax: ₹157.50 lakhs
  • Tax Expense: ₹40.91 lakhs
  • Profit After Tax: ₹116.58 lakhs
  • Other Comprehensive Income: ₹(3.87) lakhs
  • Total Comprehensive Income: ₹112.71 lakhs
  • Basic EPS: ₹1.96
  • Diluted EPS: ₹1.96

Annual Performance (FY2026)

  • Total Income: ₹5,408.60 lakhs
  • Total Expenses: ₹4,915.84 lakhs
  • Profit Before Tax: ₹492.76 lakhs
  • Tax Expense: ₹126.67 lakhs
  • Profit After Tax: ₹366.09 lakhs
  • Other Comprehensive Income: ₹(2.13) lakhs
  • Total Comprehensive Income: ₹363.96 lakhs
  • Basic EPS: ₹6.15
  • Diluted EPS: ₹6.15

Balance Sheet Position (Standalone as at 31st March, 2026)

  • Total Assets: ₹34,963.48 lakhs
  • Non-Current Assets: ₹16,879.25 lakhs
  • Current Assets: ₹18,084.23 lakhs
  • Total Equity: ₹26,119.73 lakhs
  • Paid-up Equity Capital: ₹2,974.46 lakhs
  • Other Equity: ₹23,145.27 lakhs
  • Non-Current Liabilities: ₹2,475.41 lakhs
  • Current Liabilities: ₹6,368.34 lakhs

Cash Flow Statement (Standalone FY2026)

  • Cash from Operating Activities: ₹3,332.69 lakhs
  • Cash Used in Investing Activities: ₹(3,331.43) lakhs
  • Cash Used in Financing Activities: ₹(1,220.83) lakhs
  • Net Decrease in Cash: ₹(1,219.57) lakhs
  • Opening Cash Balance: ₹2,464.03 lakhs
  • Closing Cash Balance: ₹1,244.46 lakhs

Key Financial Figures - Consolidated (₹ in Lakhs)

Annual Performance (FY2026)

  • Profit Before Tax: ₹495.10 lakhs
  • Tax Expense: ₹128.39 lakhs
  • Profit After Tax before share of Joint Venture: ₹366.71 lakhs
  • Share of Loss of Joint Ventures: ₹(37.58) lakhs
  • Profit After Tax: ₹329.14 lakhs
  • Attributable to Owners: ₹327.43 lakhs
  • Attributable to Non-Controlling Interest: ₹1.71 lakhs
  • Other Comprehensive Income: ₹(2.13) lakhs
  • Total Comprehensive Income: ₹327.02 lakhs
  • Basic EPS: ₹5.50
  • Diluted EPS: ₹5.50

Balance Sheet Position (Consolidated as at 31st March, 2026)

  • Total Assets: ₹35,931.70 lakhs
  • Total Equity: ₹25,979.32 lakhs
  • Equity Attributable to Owners: ₹25,773.91 lakhs
  • Non-Controlling Interests: ₹205.41 lakhs
  • Total Liabilities: ₹9,952.38 lakhs

Dividend Recommendation

The Board recommended a final dividend of 30% i.e. ₹1.50 per equity share of face value ₹5 each, subject to approval of members at the ensuing Annual General Meeting. If declared, the dividend will be credited around 4th September, 2026.

Executive Appointments

Pursuant to Section 188 of Companies Act, 2013:

  • Shri Devanshi Jalan appointed as Executive-Business Development with annual remuneration not exceeding ₹7,00,000 effective 1st June, 2026
  • Shri Vridhi Aakash Jalan appointed as Executive-Business Development with annual remuneration not exceeding ₹7,00,000 effective 1st June, 2026

Subsidiary and Joint Venture Details

The consolidated results include:

  • Gelx Industries Limited, Kenya (Subsidiary)
  • Linc On Ecommerce Pvt. Ltd. (Subsidiary, w.e.f 8th July 2025)
  • Morris Linc Pvt Ltd. (Joint Venture till 3rd November 2025 and Subsidiary w.e.f 4th November 2025)
  • Silka Linc Kirtasiye Urunleri Sanayi Anonim Sirketi, Turkiye (Joint Venture)
  • Uni Linc India Pvt Ltd. (Joint Venture)

GST Dispute

The company received a demand order dated 31st January, 2025 for short payment of GST amounting to ₹353.39 lakhs and penalty of ₹353.39 lakhs plus applicable interest regarding HSN classification of pen refills and components. The company filed an appeal on 23rd March, 2025. Based on expert advice, the company believes it has a strong case and no provision has been made.

Labour Code Impact Assessment

The company assessed the impact of the four Labour Codes notified on 21st November, 2025 and concluded no material impact based on available information, but continues to monitor finalization of rules.

Segment Information

The company operates in a single reportable segment: "Writing Instruments and Stationery" as per IND AS 108.