Key Board Decisions

The Board of Directors, based on recommendations of the Audit Committee and Nomination and Remuneration Committee, approved the following:

  • Audited Financial Results: Approved audited financial results as per Indian Accounting Standard (INDAS) for the quarter and year ended March 31, 2026, along with Auditor's Report with unmodified opinion.
  • Internal Auditor Appointment: Appointed M/s. B.N. Kedia & Co., Chartered Accountants as Internal Auditors for Financial Year 2026-2027.
  • Cost Auditor Appointment: Appointed M/s V. J. Talati & Co., Practicing Cost Accountants, as Cost Auditors for Financial Year 2026-2027.
  • Company Secretary & Compliance Officer Appointment: Appointed Mrs. Ranu Dey Talukdar (Membership No. A24690) as Company Secretary and Compliance Officer effective May 29, 2026, under Section 203 of Companies Act, 2013 and under Regulation 6 of SEBI (LODR) Regulations, 2015 and Regulation 9(3) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Her consent letter was enclosed as Annexure 1.
  • Postal Ballot: Decided to convene Postal Ballot (through e-voting) of shareholders starting Thursday, June 18, 2026.
  • Cut-off Date: Fixed Friday, June 12, 2026 as the cut-off date to record entitlement of shareholders to cast vote electronically.
  • Postal Ballot Notice: Approved draft Notice of Postal Ballot to start on Thursday, June 18, 2026.

Financial Results Overview

Audited Financial Results for Quarter and Year Ended March 31, 2026 (₹ in Lacs except EPS):

Quarter Ended March 31, 2026 (Unaudited)

  • Revenue from Operations: ₹17,010.04
  • Other Income: ₹10.10
  • Total Income: ₹17,020.14
  • Total Expenditure: ₹16,933.50
  • Profit Before Tax: ₹85.60
  • Tax Expense: ₹42.68
  • Net Profit After Tax: ₹42.93
  • Other Comprehensive Income: ₹28.54
  • Total Comprehensive Income: ₹71.46
  • Basic EPS: ₹0.14
  • Diluted EPS: ₹0.14

Year Ended March 31, 2026 (Audited)

  • Revenue from Operations: ₹51,118.02
  • Other Income: ₹135.20
  • Total Income: ₹51,253.42
  • Total Expenditure: ₹50,846.64
  • Profit Before Tax: ₹406.78
  • Tax Expense: ₹100.59
  • Net Profit After Tax: ₹306.20
  • Other Comprehensive Income: ₹263.08
  • Total Comprehensive Income: ₹569.27
  • Basic EPS: ₹0.98
  • Diluted EPS: ₹0.98

Comparative Figures

Year Ended March 31, 2025 (Audited): Net Profit After Tax ₹316.47, Basic EPS ₹1.01

Balance Sheet Position as at March 31, 2026

  • Total Assets: ₹38,195.57 Lacs (Previous Year: ₹36,030.57 Lacs)
  • Non-Current Assets: ₹11,926.89 Lacs
  • Current Assets: ₹26,268.68 Lacs
  • Total Equity: ₹15,922.84 Lacs
  • Non-Current Liabilities: ₹3,225.76 Lacs
  • Current Liabilities: ₹19,046.98 Lacs

Cash Flow Statement for Year Ended March 31, 2026

  • Net Cash Flow from Operating Activities: ₹1,728.79 Lacs
  • Net Cash Flow from Investing Activities: (₹1,386.46) Lacs
  • Net Cash Flow from Financing Activities: (₹554.11) Lacs
  • Net Decrease in Cash & Equivalents: (₹211.78) Lacs
  • Cash & Equivalents at Year End: ₹177.04 Lacs

Meeting Details

The Board meeting commenced at 4:45 PM and concluded at 7:00 PM on May 29, 2026.

Additional Information

The financial results were reviewed and approved by the Audit Committee at its meeting held on May 25, 2026. The company has only one business segment (Textiles) and thus no further segment disclosure is required under IND AS 108.