Meeting Details
The board meeting commenced at 04:00 PM and concluded at 04:25 PM on August 08, 2026.
Agenda Items and Outcomes
1. Report of Various Committees
The Board reviewed reports from the Stakeholders Relationship Committee, Audit Committee, and Nomination and Remuneration Committee.
2. Approval of Financial Results
The Board approved the unaudited standalone financial results for the quarter ended June 30, 2026, along with the Limited Review Report issued by the statutory auditors. The results were adopted after review by the audit committee.
3. Authorization for Statutory Work & Filings
The Board passed a general authorization resolution empowering directors and authorized officers to undertake all necessary statutory filings and compliance activities with the Registrar of Companies, SEBI, Stock Exchanges, and other regulatory authorities.
4. Performance Review & Business Proposal
The Board reviewed operational performance and discussed future business proposals.
5. Other Matters
No other matters were discussed under this agenda item.
Financial Results (Quarter Ended June 30, 2026)
Income Statement (₹ in Lakhs)
- Revenue from Operations: ₹253.60
- Other Income: ₹0.00
- Total Income: ₹253.60
Expenses Breakdown (₹ in Lakhs)
- Cost of materials consumed: ₹73.75
- Purchase of traded goods: ₹3.58
- Change in inventories: ₹17.38
- Employees benefit expenses: ₹6.37
- Finance Cost: ₹6.97
- Depreciation and amortization expenses: ₹139.51
- Other expenses: Not separately quantified
- Total Expenses: ₹247.55
Profitability Metrics
- Profit before tax: ₹6.05
- Exceptional items: ₹0.00
- Tax expense: ₹0.50
- Net Profit for the period: ₹5.55
- Other Comprehensive Income: ₹0.00
- Total Comprehensive Income: ₹5.55
Comparative Performance
| Metric | Q1 FY27 (30.06.2026) | Q4 FY26 (31.03.2026) | Q1 FY26 (30.06.2025) |
| Revenue | ₹253.60 | ₹252.62 | ₹194.07 |
| Net Profit | ₹5.55 | ₹8.87 | ₹3.03 |
| EPS (Basic) | ₹0.11 | ₹0.18 | ₹0.06 |
| EPS (Diluted) | ₹0.11 | ₹0.18 | ₹0.06 |
Capital Structure
- Paid-up equity share capital: ₹507.12 lakh (Face Value of ₹10 each)
- Other Equity: ₹0.00
Operational Highlights
- Trial run of the Ball mill plant was completed during the quarter ended June 30, 2026.
- More than 90% of company revenue comes from a single segment, hence segment reporting has not been provided.
- No investor complaints were received or disposed during the quarter.
Auditor's Limited Review Report
M/S Bansilal Shah & Company, represented by CA Dhruv Shah (Membership No. 223609, FRN: 000384W), issued a limited review report confirming that:
- The financial results comply with Ind AS 34 and SEBI LODR Regulation 33 requirements
- No material misstatements were identified during their review
- The review was conducted in accordance with Standard on Review Engagements (SRE) 2410