1. Financial Results Approval

The Board approved the Unaudited Standalone Financial Results for the quarter ended September 30, 2026. The results were reviewed by the Audit Committee and subsequently approved by the Board on October 31, 2026. The statutory auditors, M/s. Gokhale & Sathe LLP, issued an unqualified review opinion.

Key Financial Highlights (Quarter Ended September 30, 2026):

  • Revenue from Operations: ₹9,580.87 lakhs (compared to ₹9,242.05 lakhs in Q2 FY26)
  • Total Income: ₹9,612.26 lakhs
  • Profit Before Tax: ₹820.36 lakhs (compared to ₹255.09 lakhs in Q2 FY26)
  • Total Tax Expense: ₹209.89 lakhs
  • Profit After Tax: ₹610.47 lakhs (224% increase YoY from ₹188.35 lakhs)
  • Basic and Diluted EPS: ₹4.50 (compared to ₹1.39 in Q2 FY26)

Half-Year Performance (April 1, 2026 to September 30, 2026):

  • Revenue from Operations: ₹19,095.40 lakhs
  • Profit After Tax: ₹1,484.30 lakhs
  • Basic and Diluted EPS: ₹10.93

Balance Sheet Position (as of September 30, 2026):

  • Total Assets: ₹25,989.75 lakhs (increased from ₹21,786.32 lakhs as of March 31, 2026)
  • Total Equity: ₹12,688.78 lakhs
  • Non-Current Liabilities: ₹6,682.74 lakhs
  • Current Liabilities: ₹6,618.24 lakhs

Cash Flow Statement (Half-Year Ended September 30, 2026):

  • Net Cash Flow from Operating Activities: ₹902.04 lakhs
  • Net Cash Flow from Investing Activities: (₹4,299.44) lakhs
  • Net Cash Flow from Financing Activities: ₹3,397.68 lakhs
  • Net Increase in Cash: ₹0.28 lakhs

2. Management Appointment

The Board appointed Ms. Damini Salunke (Membership No. A77527) as Company Secretary and Compliance Officer with effect from October 31, 2026. She is designated as a Key Managerial Personnel under Section 203 of the Companies Act, 2013 and as Compliance Officer under Regulation 6(1) of SEBI Listing Regulations.

Profile of Ms. Damini Salunke: Qualified Company Secretary with over 2 years of experience in corporate secretarial and compliance functions, with exposure to private, public, and listed companies. No relationships between directors to disclose.

3. Secretarial Auditor Appointment

The Board appointed M/s. Maharshi Ganatra & Associates, Practising Company Secretaries (a Peer reviewed firm with Membership Number FCS: 11332; COP: 14520), as Secretarial Auditor to fill the casual vacancy arising from the resignation of the existing Secretarial Auditor. The appointment is effective October 31, 2026, until the conclusion of the ensuing Annual General Meeting.

Profile of Maharshi Ganatra & Associates: Established in 2014 by Maharshi Ganatra (Fellow Member of ICSI), specializing in Corporate Laws, Tax Laws, and other allied laws, providing comprehensive advisory, audit, and corporate secretarial services to domestic and international clients.

4. Statutory Auditor Update

The Board was informed that the existing Statutory Auditors, M/s. Gokhale & Sathe, Chartered Accountants, converted into a Limited Liability Partnership under the name M/s. Gokhale & Sathe LLP effective August 27, 2026. Registration formalities with ICAI have been completed, and the LLP has been allotted Firm Registration Number 103264W/W101312.

Additional Notes from Financial Statements:

  • The company is engaged in Injection Moulding and Blow Moulding plastic articles including Industrial containers, Healthcare furniture, and automotive components
  • No separate reportable product verticals as per IND AS-108
  • No investor complaints pending as of September 30, 2026
  • Previous periods' figures have been regrouped/reclassified where required for compatibility