Board Meeting Details

The Board of Directors meeting was held on May 30, 2026, commencing at 04:00 pm and concluding at 04:20 pm.

Key Decisions

1. Approved the Audited Financial Results of the Company for the Half year ended March 31, 2026

2. Approved the appointment of M/s. Anju Pardesi, Cost Accountants, as Cost Auditors to conduct the audit of cost records for Financial Year 2026-27, based on recommendations of the Audit Committee

Financial Results Summary (Half Year ended March 31, 2026)

Profit & Loss Statement (Amounts in Lakhs)

  • Total Revenue: Rs 17,812.32
  • Total Expenses: Rs 16,520.54
  • Cost of Materials consumed: Rs 9,588.06
  • Purchases of Stock in Trade: Rs 5,695.21
  • Changes in inventories: Rs 1,276.22
  • Employee Benefits Expenses: Rs -908.04 (negative amount)
  • Finance Cost: Rs 1,991.39
  • Depreciation and amortization Expenses: Rs 403.23
  • Other expenses: Rs 2,330.83
  • Profit before tax: Rs 1,291.77
  • Tax expense: Rs 333.21
  • Deferred tax: Rs -4.98 (negative amount)
  • Current tax: Rs 339.19
  • Profit after tax: Rs 958.56
  • Earnings per share (Rs 10 face value): Rs 5.04 (Basic/Diluted)

Balance Sheet Position as at March 31, 2026 (Amounts in Lakhs)

  • Total Equity and Liabilities: Rs 16,580.13
  • Share Capital: Rs 1,901.62
  • Reserves & Surplus: Rs 6,939.59
  • Long-term borrowings: Rs 882.70
  • Deferred tax liabilities: Rs 408.41
  • Long Term Provisions: Rs 35.80
  • Short-term borrowings: Rs 2,851.34
  • Trade Payables: Rs 1,876.71 (MSME: Rs 113.96, Others: Rs 1,762.75)
  • Other current liabilities: Rs 1,025.60
  • Short-term provisions: Rs 658.37
  • Total Assets: Rs 16,580.13
  • Property, Plant and Equipment: Rs 4,901.95
  • Intangible assets: Rs 45.39
  • Capital Work In Progress: Rs 0.00
  • Non-current investments: Rs 0.00
  • Long-term loans and advances: Rs 113.46
  • Other non-current assets: Rs 108.83
  • Inventories: Rs 7,776.47
  • Trade receivables: Rs 1,725.50
  • Cash and cash equivalents: Rs 208.63
  • Short-term loans and advances: Rs 1,699.91

Cash Flow Statement (Amounts in Lakhs)

  • Cash from Operating Activities: Rs 695.36
  • Cash from Investing Activities: Rs 347.19
  • Cash from Financing Activities: Rs -871.37
  • Net increase in cash: Rs 171.18
  • Opening cash balance: Rs 37.45
  • Closing cash balance: Rs 208.63

Cost Auditor Appointment Details

  • Name: M/s. Anju Pardesi, Practicing Cost Accountant
  • Appointment Date: May 30, 2026
  • Term: Financial Year 2026-2027
  • Qualifications: Cost Accountant and Chartered Accountant
  • Firm Registration No.: 003448 with Institute of Cost Accountants of India
  • Experience: Over 10 years in cost audit and cost records, serving various industries including Metal, Textiles, Chemicals, Edible Oil, FMCG, Automotive, Rubber, Tyres and Construction
  • Professional Background: Active member of Managing Committee of Ludhiana chapter of Cost Accountants, previously held positions as Vice Chairman (2024-25) and Treasurer