Board Meeting Details

The Board of Directors meeting was held on July 15, 2026, commencing at 05:15 PM and concluding at 05:45 PM. The board considered and approved the Audited Financial Results of the Company for the half year and financial year ended on March 31, 2026.

Financial Performance (Year Ended March 31, 2026)

Income Statement (₹ in Lakh):

  • Revenue From Operations: ₹700.90 lakh
  • Other Income: ₹40.67 lakh
  • Total Income: ₹741.57 lakh
  • Total Expenses: ₹619.99 lakh
  • Profit Before Tax: ₹849.72 lakh
  • Tax Expenses: ₹217.71 lakh (Current Tax: ₹212.54 lakh, Deferred Tax: ₹5.17 lakh)
  • Net Profit: ₹632.01 lakh

Earnings Per Share:

  • Basic EPS: ₹21.07
  • Diluted EPS: ₹21.07

Share Capital:

  • Paid-up equity share capital: ₹300.00 lakh
  • Face value per share: ₹10.00

Half Year Performance Comparison

Half Year Ended March 31, 2026 (Audited):

  • Revenue From Operations: ₹339.76 lakh
  • Other Income: ₹27.08 lakh
  • Total Income: ₹342.47 lakh
  • Total Expenses: ₹309.14 lakh
  • Profit Before Tax: ₹333.27 lakh
  • Tax Expenses: ₹88.08 lakh (Current Tax: ₹82.91 lakh, Deferred Tax: ₹5.17 lakh)
  • Net Profit: ₹245.19 lakh
  • EPS: ₹8.17 (Basic and Diluted)

Half Year Ended March 31, 2025 (Audited):

  • Revenue From Operations: ₹225.28 lakh
  • Other Income: ₹1.68 lakh
  • Total Income: ₹226.96 lakh
  • Total Expenses: ₹189.44 lakh
  • Profit Before Tax: ₹360.07 lakh
  • Tax Expenses: ₹150.84 lakh (Current Tax: ₹138.95 lakh, Deferred Tax: ₹11.89 lakh)
  • Net Profit: ₹209.23 lakh
  • EPS: ₹6.97 (Basic and Diluted)

Balance Sheet Position (as at March 31, 2026)

Equity and Liabilities (₹ in Lakh):

  • Shareholders' funds: ₹1,675.10 lakh (Share capital: ₹300.00 lakh, Reserves and surplus: ₹1,375.10 lakh)
  • Non-current liabilities: ₹12.02 lakh (Deferred tax liabilities: ₹12.02 lakh)
  • Current liabilities: ₹1,671.42 lakh (Short-term borrowings: ₹566.15 lakh, Trade payables: ₹611.49 lakh, Other current liabilities: ₹294.19 lakh, Short-term provisions: ₹199.58 lakh)
  • Total Equity and Liabilities: ₹3,358.54 lakh

Assets (₹ in Lakh):

  • Non-current assets: ₹1,257.85 lakh (Property Plant & Equipments: ₹1,197.85 lakh, Intangible Assets: ₹60.00 lakh)
  • Current assets: ₹2,100.69 lakh (Inventories: ₹955.60 lakh, Trade receivables: ₹802.47 lakh, Cash and cash equivalents: ₹6.94 lakh, Short-term loans and advances: ₹330.14 lakh, Other current assets: ₹5.53 lakh)
  • Total Assets: ₹3,358.54 lakh

Cash Flow Statement (Year Ended March 31, 2026)

  • Net Cash from Operating Activities: ₹648.06 lakh
  • Net Cash used in Investing Activities: ₹(740.03) lakh
  • Net Cash from Financing Activities: ₹97.43 lakh
  • Net increase in Cash: ₹5.47 lakh
  • Cash at beginning of year: ₹1.48 lakh
  • Cash at end of year: ₹6.94 lakh

IPO Details

The Company completed an Initial Public Offering (IPO) of 11,22,400 equity shares of face value ₹10 each at price of ₹321 per share (including share premium of ₹311 per share) aggregating to ₹3,602.90 lakh.

The IPO comprised:

  • Fresh Issue: 9,00,400 Equity Shares aggregating ₹2,890.28 lakh
  • Offer for Sale: 2,22,000 Equity Shares aggregating ₹712.62 lakh by Selling Shareholders

Equity shares were allotted on June 22, 2026, and listed on the exchange effective June 24, 2026.

IPO Financials:

  • Gross Proceeds from IPO: ₹3,602.90 lakh
  • Offer related expenses: ₹576.00 lakh (Company share: ₹462.07 lakh, Selling Shareholder share: ₹113.93 lakh)
  • Net Proceeds of the IPO: ₹3,026.90 lakh

Business Segment

The Company is engaged in manufacturing and trading of door Al drops, window hinges, Butt hinges, pin hinges, door locks, and fastenings for doors and windows. It has only one reportable business segment.

Investor Complaints

No investor complaints were received during the period:

  • Complaints pending at beginning: 0
  • Complaints received during period: 0
  • Complaints disposed during period: 0
  • Complaints unresolved at end: 0

Labour Code Implementation

The Company is evaluating the impact of the Labour Codes notified by Government of India effective November 21, 2025, but currently does not foresee any material impact from their implementation.

Related Party Transactions

The company does not have any Holding/Subsidiary/Joint Venture/Associate concerns.