Summary of Key Information:
Reporting Period: Fourth Quarter and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Audited Financial Results and Auditor Appointments
Audit Opinion:
Unmodified opinion (clean opinion) issued by statutory auditors M/s Nemani Garg Agarwal & Co.
Auditor’s Comment:
Emphasis of Matter regarding recognition during Q4 FY2026 of shortfall in open access power units receivable from CGE Il Hybrid Energy Private Limited. The company recognized a shortfall of 97.5 lakh units received less than committed units and credited ₹215 lakh to power expenses at ₹2.20 per unit on accrual basis. Confirmation from CGE Il Hybrid Energy Private Limited is awaited.
Key Financial Highlights [₹ in lakh]:
Consolidated Results:
For Year Ended March 31, 2026:
- Revenue from Operations: ₹39,013.70 lakh (22.7% increase from previous year)
- Total Income: ₹39,310.34 lakh
- Net Profit: ₹2,848.67 lakh (67% increase from previous year)
- EPS Basic: ₹9.94
- EPS Diluted: ₹9.94
- Total Comprehensive Income: ₹2,882.00 lakh
For Quarter Ended March 31, 2026:
- Revenue from Operations: ₹9,764.35 lakh
- Total Income: ₹9,775.11 lakh
- Net Profit: ₹438.93 lakh
- EPS Basic: ₹1.53
- EPS Diluted: ₹1.53
- Total Comprehensive Income: ₹447.31 lakh
Expense Breakdown (Year Ended March 31, 2026):
- Cost of raw materials consumed: ₹10,897.59 lakh
- Employee benefits expenses: ₹2,602.63 lakh
- Depreciation and amortisation expenses: ₹1,652.42 lakh
- Finance costs: ₹1,126.54 lakh
- Power and fuel charges: ₹16,501.35 lakh
- Other expenses: ₹2,890.85 lakh
- Total expenses: ₹35,451.59 lakh
Tax Expenses (Year Ended March 31, 2026):
- Total tax: ₹1,010.08 lakh
- Current tax: ₹142.66 lakh
- Deferred tax: ₹867.42 lakh
Balance Sheet Position [₹ in lakh, as at March 31, 2026]:
Assets:
- Property, plant and equipment: ₹25,107.55
- Capital work in-progress: ₹4,384.62
- Right-of-use assets: ₹1,196.21
- Intangible assets: ₹11.75
- Investments: ₹991.77
- Loans: ₹11.70
- Other non-current assets: ₹1,971.77
- Inventories: ₹4,129.61
- Trade receivables: ₹5,076.78
- Cash and cash equivalents: ₹2,943.08
- Current tax assets: ₹322.65
- Other current assets: ₹1,813.41
- Total Assets: ₹47,870.45
Liabilities and Equity:
- Equity share capital: ₹2,865.39 (Face value ₹10 per share)
- Other equity: ₹21,386.52
- Total Equity: ₹24,251.91
- Borrowings (non-current): ₹9,637.04
- Lease liabilities (non-current): ₹1,106.69
- Provisions (non-current): ₹208.69
- Deferred tax liabilities: ₹2,599.49
- Other non-current liabilities: ₹1,675.64
- Borrowings (current): ₹6,558.35
- Trade payables: ₹331.35
- Lease liabilities (current): ₹89.74
- Other financial liabilities: ₹99.84
- Other current liabilities: ₹1,088.49
- Provisions (current): ₹223.22
- Total Liabilities: ₹23,618.54
Cash Flow Statement [₹ in lakh, Year Ended March 31, 2026]:
- Net cash from operating activities: ₹2,686.19
- Net cash used in investing activities: ₹(5,717.25)
- Net cash from financing activities: ₹4,779.98
- Net increase in cash: ₹1,748.93
- Cash at beginning: ₹1,194.15
- Cash at end: ₹2,943.08
Segment-wise Performance:
The company operates in a single business segment: Chloro alkali sector/production of Caustic Soda.
Corporate Actions:
No dividends, share splits, bonus issues, buybacks, or capital raising activities announced.
Auditor Appointments:
1. Re-appointment of M/s Nemani Garg Agarwal & Co. as Statutory Auditor for second term of five consecutive years from FY 2026-27 to FY 2030-31 (subject to shareholder approval)
2. Appointment of M/s D Karamchandani and Co. as Internal Auditor for FY 2026-27
3. Re-appointment of M/s Goyal, Goyal & Associates as Cost Auditor for FY 2026-27
Other Disclosures:
- Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
- Figures for previous period have been re-grouped/re-arranged where required
- The current quarter results are balancing figures between annual audited figures and published year-to-date figures up to third quarter
Other Significant Information:
- Paid-up equity share capital increased from ₹2,515.39 lakh to ₹2,865.39 lakh
- Significant increase in borrowings (both current and non-current)
- Major capital expenditure with payment for property, plant & equipment of ₹5,737.27 lakh
- Proceeds from share warrants: ₹3,202.50 lakh