Key Financial Figures (Standalone)

  • Net Sales/Income from Operations: ₹3,626.09 lakh (FY25: ₹3,184.22 lakh) - 13.9% increase
  • Other Income: ₹136.54 lakh (FY25: ₹146.38 lakh)
  • Total Income: ₹3,762.63 lakh (FY25: ₹3,330.60 lakh) - 13.0% increase
  • Total Expenses: ₹3,526.62 lakh (FY25: ₹3,177.16 lakh)
  • Profit Before Tax: ₹236.01 lakh (FY25: ₹153.44 lakh) - 53.8% increase
  • Current Tax: ₹59.15 lakh (FY25: ₹23.66 lakh)
  • Deferred Tax: (₹2.80) lakh (FY25: ₹35.61 lakh)
  • Net Profit After Tax: ₹179.67 lakh (FY25: ₹94.16 lakh) - 90.8% increase
  • Total Comprehensive Income: ₹180.58 lakh (FY25: ₹93.88 lakh)
  • EPS (Basic & Diluted): ₹5.27 (FY25: ₹2.76)

Key Financial Figures (Consolidated)

  • Net Profit After Tax: ₹174.92 lakh (FY25: ₹28.22 lakh)
  • Share from Associate: Loss of ₹4.75 lakh (FY25: Loss of ₹65.94 lakh)
  • EPS (Basic & Diluted): ₹5.13 (FY25: ₹0.83)

AGM Details

  • 35th AGM Date: September 12, 2026
  • Time: 11:30 AM
  • Mode: Video Conferencing/Other Audio Video Means (VC/OAVM)
  • Record Date: September 4, 2026
  • Business:
  • Adoption of audited standalone and consolidated financial statements
  • Reappointment of Mr. Aanjan Jitesh Patodia (DIN: 09813961) who retires by rotation

Corporate Actions

  • Dividend: No dividend recommended for FY26 to conserve resources
  • Transfer to Reserves: No amount transferred to General Reserve
  • Share Capital: No change in authorized, issued, subscribed, or paid-up share capital during FY26

Board and Committee Composition

Board of Directors as on March 31, 2026:

  • Mr. Jitesh Mahendra Patodia (Managing Director)
  • Mr. Anshay Jitesh Patodia (Whole-time Director)
  • Mrs. Rajita Rupesh Gupta (Independent Director)
  • Mr. Sanjay Brijkishore Chaturvedi (Independent Director)
  • Mr. Nevilkumar V Agrawal (Independent Director)
  • Mr. Mahendra Anantram Patodia (Non-Executive Non-Independent Director)
  • Mr. Aanjan Jitesh Patodia (Non-Executive Non-Independent Director)

Key Managerial Personnel:

  • Mr. Jitesh Mahendra Patodia (Managing Director)
  • Ms. Aditi Anant Waikar (Chief Financial Officer)
  • Mr. Saheb Mahesh Dumbwani (Company Secretary and Compliance Officer)

Committee Composition:

  • Audit Committee: Mrs. Rajita Rupesh Gupta (Chairperson), Mr. Nevilkumar V Agrawal, Mr. Sanjay Brijkishore Chaturvedi
  • Nomination and Remuneration Committee: Mrs. Rajita Rupesh Gupta (Chairperson), Mr. Nevilkumar V Agrawal, Mr. Sanjay Brijkishore Chaturvedi
  • Stakeholders Relationship Committee: Mrs. Rajita Rupesh Gupta (Chairperson), Mr. Nevilkumar V Agrawal, Mr. Sanjay Brijkishore Chaturvedi

Board Meetings

Six Board meetings held during FY26 on: May 30, 2025; August 8, 2025; August 13, 2025; August 20, 2025; November 13, 2025; February 12, 2026. All directors attended 100% of meetings.

Associate Company Details

  • MKP-Kataria Recycling Private Limited: 49% equity stake held
  • Business: Treatment and recycling of ferrous/non-ferrous metal scrap and ELV [End of life Vehicles]
  • Investment Amount: ₹130.00 lakh
  • Share of Loss: ₹4.75 lakh for FY26 (FY25: ₹65.94 lakh)
  • Net Worth Attributable: Negative ₹5.90 lakh

Statutory Appointments

  • Statutory Auditor: M/s. Shah Khandelwal Jain & Associates (FRN 142740W), appointed until conclusion of 36th AGM in 2027
  • Secretarial Auditor: M/s. A S Desai & Associates (FRN: S2017MH515700), appointed for five years from FY2025-26 to FY2029-30
  • Internal Auditor: M/s. Aniket Solanki and Company (FRN: 132445W) for FY2025-26
  • RTA: BgSE Financial Limited

Corporate Changes

  • Object Clause: Amended to remove discontinued textile business objects, aligning with current automobile parts business
  • CIN Changed: From L50100PN1990PLC242336 to L45300PN1990PLC242336

Compliance Matters

  • Secretarial Audit Report had one observation: Independent Director Mrs. Rajita Gupta was in process of obtaining Independent Director Data bank certificate
  • No fraud reported by auditors
  • No material pending litigations
  • No significant regulatory orders impacting going concern status

Related Party Transactions

All related party transactions were at arm's length and in ordinary course of business. Key transactions included:

  • Purchase of goods: ₹664.24 lakh
  • Sale of goods: ₹196.57 lakh
  • Loans to associate: ₹30.00 lakh (outstanding: ₹249.49 lakh)
  • Interest from associate: ₹19.67 lakh

Employee Strength

34 permanent employees as on March 31, 2026. No employee received remuneration exceeding ₹1.20 crore per annum.

Liquidity and Capital Structure

  • Current Ratio: 2.84 (FY25: 2.41)
  • Debt-Equity Ratio: 0.05 (FY25: 0.46)
  • Return on Equity: 22.07% (FY25: 13.91%)
  • Cash and Bank Balances: ₹11.59 lakh (FY25: ₹17.14 lakh)

Forward-Looking Statements

The Directors are exploring avenues for diversifying into new business areas and plan major transformation in current and coming financial years to explore new markets and business opportunities.