Date: 14.07.2026

Board Meeting Outcomes

The Board of Directors meeting held on Tuesday, 14th July, 2026 from 11:30 a.m. to 04:00 p.m. approved the following:

  • Unaudited Financial Results for Q1 FY27 ended 30th June 2026
  • Re-appointment of Mr. Sushil Kumar Agrawal as Managing Director
  • Re-appointment of Mr. Karan Agrawal as Whole-time Director
  • 16th Annual General Meeting scheduled for 3rd September 2026
  • Cut-off date for AGM voting set as 27th August 2026
  • Record date for final dividend set as 27th August 2026
  • Revised Code of Practices and Procedures for Fair Disclosure of UPSI
  • Appointment of Mr. Devansh Agrawal as Vice-President Business Development

Financial Results (Standalone)

Quarter Ended 30th June 2026:

  • Revenue from Operations: ₹262.14 crore (vs ₹249.78 crore in Q1 FY26)
  • Other Income: ₹0.90 crore
  • Total Income: ₹263.04 crore
  • Cost of materials consumed: ₹196.18 crore
  • Employee benefits expense: ₹5.12 crore
  • Finance Cost: ₹6.86 crore
  • Depreciation and amortization: ₹3.21 crore
  • Other expenses: ₹40.91 crore
  • Total Expenses: ₹244.05 crore
  • Profit before tax: ₹18.99 crore
  • Tax expense: ₹4.71 crore (Current Tax)
  • Net Profit for the period: ₹14.16 crore
  • Other Comprehensive Income: ₹0.00
  • Total Comprehensive Income: ₹14.16 crore
  • Basic EPS: ₹1.34 (not annualized)
  • Equity Share Capital: ₹10.66 crore (Face Value ₹1 per share)

Comparative Performance:

  • Q1 FY26 Net Profit: ₹14.10 crore
  • Q4 FY26 Net Profit: ₹5.54 crore
  • Full Year FY26 Net Profit: ₹40.97 crore

Financial Results (Consolidated)

Quarter Ended 30th June 2026:

  • Revenue from Operations: ₹262.14 crore
  • Other Income: ₹0.93 crore
  • Total Income: ₹263.07 crore
  • Company's share of subsidiary revenue: ₹2.69 lakhs
  • Company's share of subsidiary net loss: ₹6.25 lakhs
  • Net Profit for the period: ₹14.10 crore
  • Total Comprehensive Income: ₹14.07 crore
  • Basic EPS: ₹1.33 (not annualized)

KMP / Board Changes

Mr. Sushil Kumar Agrawal (DIN: 00091793)

  • Re-appointed as Managing Director for 3 years effective 23rd November 2026
  • Commerce graduate with wide experience in business management, manufacturing, and factory administration
  • Expertise in household insecticides
  • Relationship: Father of Mr. Karan Agrawal
  • Liable to retire by rotation

Mr. Karan Agrawal (DIN: 05348309)

  • Re-appointed as Whole-time Director for 3 years effective 17th November 2026
  • Commerce graduate and diploma holder in Management from IIM Bangalore
  • Wide experience in business management and marketing of coated metals products
  • Relationship: Son of Mr. Sushil Kumar Agrawal
  • Liable to retire by rotation

Mr. Devansh Agrawal

  • Appointed as Vice-President Business Development
  • Remuneration: ₹8,00,000 per month effective July 01, 2026
  • Appointment subject to shareholder approval at ensuing AGM

Dividend Declaration

  • Record date set for 27th August 2026 for final dividend, if approved by shareholders at the 16th AGM
  • No dividend declared in this board meeting

Other Operational Disclosures

  • Preferential allotment of warrants: 2,07,00,000 warrants allotted on 30th January 2025
  • Equity shares allotted against warrants: 57,90,000 on 19.05.2025, 7,55,000 on 06.06.2025, 49,72,500 on 25.06.2025, 11,82,500 on 04.07.2025, and 8,00,000 on 30.06.2026
  • Segment reporting: Previously had Metal Products and Other Products segments, but reassessment shows none meet quantitative thresholds under Ind AS 108
  • Revised insider trading policies adopted in compliance with SEBI Regulations

Corporate Calendar

  • 16th Annual General Meeting: 3rd September 2026 at 11:30 a.m. through Video Conferencing
  • Cut-off date for AGM voting: 27th August 2026
  • Record date for dividend: 27th August 2026