Date: May 26, 2026
Board Meeting Outcomes
The Board of Directors meeting held on Tuesday, May 26, 2026 (commenced at 05:15 PM, ended at 06:00 PM) approved the following:
1) The Standalone Audited Financial Results of the Company for the quarter and year ended March 31, 2026
2) The reappointment of Mr. P Vishnu Adithan, Chartered Accountant, as Internal Auditor of the Company for the financial year 2026-27
Financial Results (Standalone)
Statement of Assets & Liabilities (₹ in lakhs)
Assets
- Non-current assets: ₹7122.33 (Previous year: ₹5800.36)
- Property, plant and equipment: ₹639.75 (Previous: ₹520.04)
- Right of use asset: ₹9.46 (Previous: Not applicable)
- Capital work in progress: ₹2283.00 (Previous: ₹1296.00)
- Financial assets: ₹254.92 (Previous: ₹238.78)
- Other financial assets: ₹19.78 (Previous: ₹8.16)
- Deferred tax assets (net): ₹257.29 (Previous: ₹146.24)
- Other non-current assets: ₹106.90 (Previous: ₹122.10)
- Current assets: ₹1137.41 (Previous: ₹1157.01)
- Trade receivables: ₹120.78 (Previous: ₹132.30)
- Cash and cash equivalents: ₹180.83 (Previous: ₹201.11)
- Bank balances other than cash equivalents: ₹201.83 (Previous: ₹213.97)
- Other current assets: ₹250.60 (Previous: ₹226.67)
- Total Assets: ₹8259.74 (Previous: ₹6957.37)
Equity and Liabilities
- Equity: ₹6013.76 (Previous: ₹6000.03)
- Equity share capital: ₹2079.63 (Previous: ₹2079.63)
- Other equity: ₹3934.13 (Previous: ₹3920.40)
- Non-current liabilities: ₹1311.65 (Previous: ₹214.88)
- Financial liabilities: ₹1017.40 (Previous: Not applicable)
- Lease liabilities: ₹283.56 (Previous: Not applicable)
- Trade payables: Not applicable (Previous: ₹202.67)
- Other financial liabilities: Not applicable (Previous: Not applicable)
- Current liabilities: ₹934.33 (Previous: ₹957.34)
- Borrowings: ₹125.57 (Previous: ₹140.35)
- Lease liabilities: ₹156.84 (Previous: Not applicable)
- Trade payables: ₹547.10 (Previous: ₹281.58)
- Dues to micro and small enterprises: ₹30.50 (Previous: Not specified)
- Dues to others: ₹294.29 (Previous: ₹182.45)
- Other financial liabilities: ₹256.83 (Previous: ₹71.72)
- Other current liabilities: ₹70.29 (Previous: ₹116.50)
- Provisions: ₹0.01 (Previous: ₹74.24)
- Total Liabilities: ₹2245.98 (Previous: Not specified)
- Total Equity and Liabilities: ₹8259.74 (Previous: ₹6957.37)
Cash Flow Statement (₹ in lakhs)
For the year ended March 31, 2026
- Cash flows from operating activities: ₹301.70 (Previous: ₹269.91)
- Profit before tax and exceptional item: Not specified
- Adjustments: ₹374.94 (depreciation), ₹(21.15) (interest income), ₹(45.37) (rental income), ₹85.61 (finance costs)
- Operating cash flow before working capital changes: ₹389.08
- Cash generated from operating activities: ₹332.23
- Taxes paid (Net): ₹(30.53)
- Cash flows from investing activities: ₹(1236.67) (Previous: ₹(399.21))
- Purchase of property, plant and equipment: ₹(1294.91)
- Capital Work in Progress: ₹(9.46)
- Proceeds from sale of property, plant and equipment: ₹1.18
- Interest income: ₹21.15
- Rental income: ₹45.37
- Cash flows from financing activities: ₹902.55 (Previous: ₹(159.66))
- Long term Borrowings (Net of repayment): ₹1142.97
- Finance costs: ₹(81.31)
- Dividend paid: ₹(1.17)
- (Payment of)/Increase in lease liabilities: ₹(157.94)
- Net increase/(decrease) in cash: ₹(32.42) (Previous: ₹(288.96))
- Cash and Bank balance at beginning: ₹415.08
- Cash and equivalents at year end: ₹8.72 (cash on hand), ₹172.11 (bank balances)
KMP / Board Changes
Internal Auditor Reappointment
- Name: Mr. P Vishnu Adithan, Chartered Accountant
- Designation: Internal Auditor
- Type of change: Reappointment
- Effective date: May 26, 2026
- Term: Financial year 2026-27
- Profile: Chartered Accountant with more than a decade of professional experience, specializing in statutory audits and tax audits, served as Chairman of Coimbatore Branch of ICAI
- Relationship with other directors: Not Applicable
Notes to Financial Results
1. Financial results reviewed by Audit Committee and approved by Board on May 26, 2026
2. Exceptional items represent profit/(loss) on sale of property, plant & equipment
3. No Subsidiary/Associate/Joint Venture - Consolidated Financial Results not applicable
4. Company assessed impact of Labour Codes notified November 21, 2025 - no material incremental liability expected
5. Single segment: "Eye Care related sales and services" - no additional disclosures under Ind AS 108
6. Quarterly figures are balancing figures between audited full year and published year-to-date figures
7. Previous period figures regrouped/rearranged for consistency
Disclosure Compliance
- Prepared pursuant to Regulation 30, 33 of SEBI (LODR) Regulations, 2015
- SEBI Circular reference: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Declaration pursuant to Regulation 33(3)(d) provided