Board Meeting Details

The Board of Directors meeting was held on 29th May, 2026 at 4:00 PM at the registered office (B-811 Swati Trinity, Applewood Township, Sanathal Sanand, Sarkhej, Ahmedabad, Dascroi, Gujarat, India, 382210). The meeting commenced at 4:00 PM and concluded at 5:00 PM.

Key Decisions Approved

1. Considered, approved and taken on record the Audited financial results for the Half Year ended on March 31, 2026 along with Audit Report (Unmodified Opinion)

2. Considered, approved and taken on record the Audited financial Statement of the Company for the financial year ended on March 31, 2026 in accordance with the Companies Act, 2013

3. Considered and approved all other business as per agenda circulated

Financial Results Summary (Rs. in lakhs)

Half Year Ended March 31, 2026 (Audited)

  • Revenue From Operations: ₹12,069.26
  • Other Income: ₹86.05
  • Total Revenue: ₹12,155.31
  • Total Expenses: ₹11,559.59
  • Profit Before Tax: ₹595.72
  • Total Tax Expenses: ₹171.82
  • Net Profit After Tax: ₹423.90
  • Basic/Diluted EPS: ₹6.28 (not annualized)

Full Year Ended March 31, 2026 (Audited)

  • Revenue From Operations: ₹26,187.37
  • Other Income: ₹102.22
  • Total Revenue: ₹26,289.59
  • Total Expenses: ₹25,419.93
  • Exceptional/Prior Period Items: ₹12.19
  • Profit Before Tax: ₹881.85
  • Total Tax Expenses: ₹242.47
  • Net Profit After Tax: ₹639.38
  • Basic/Diluted EPS: ₹9.20

Comparative Figures (Year Ended March 31, 2025)

  • Revenue From Operations: ₹30,493.34
  • Other Income: ₹26.78
  • Total Revenue: ₹30,520.12
  • Total Expenses: ₹29,710.72
  • Profit Before Tax: ₹809.40
  • Total Tax Expenses: ₹200.62
  • Net Profit After Tax: ₹608.78
  • Basic/Diluted EPS: ₹10.14

Balance Sheet Position as at March 31, 2026 (Rs. in lakhs)

Equity and Liabilities

  • Share Capital: ₹695.04 (unchanged from previous year)
  • Reserves and Surplus: ₹3,171.16 (vs. ₹2,531.75 in previous year)
  • Total Equity: ₹3,866.20 (vs. ₹3,226.79 in previous year)
  • Long-Term Borrowings: ₹334.72 (vs. ₹69.92 in previous year)
  • Short-Term Borrowings: ₹1,740.78 (vs. ₹1,867.85 in previous year)
  • Total Equity & Liabilities: ₹6,456.76 (vs. ₹6,053.11 in previous year)

Assets

  • Property, Plant & Equipment: ₹1,331.63 (vs. ₹711.21 in previous year)
  • Non-Current Investments: ₹82.50 (unchanged from previous year)
  • Inventories: ₹543.44 (vs. ₹966.83 in previous year)
  • Trade Receivables: ₹3,152.33 (vs. ₹2,988.94 in previous year)
  • Cash and Cash Equivalents: ₹50.34 (vs. ₹436.65 in previous year)
  • Total Assets: ₹6,456.76 (vs. ₹6,053.11 in previous year)

Cash Flow Statement for Year Ended March 31, 2026 (Rs. in lakhs)

  • Net Cash generated from Operations: ₹684.10 (vs. negative ₹775.77 in previous year)
  • Net Cash used in Investing Activities: negative ₹997.52 (vs. negative ₹332.52 in previous year)
  • Net Cash used in Financing Activities: negative ₹72.89 (vs. positive ₹1,265.09 in previous year)
  • Net Changes in Cash and Cash Equivalents: negative ₹386.31 (vs. positive ₹156.80 in previous year)
  • Cash and Cash Equivalents at end of period: ₹50.34 (vs. ₹436.65 in previous year)

Company Business Description

The Company is engaged in the business of manufacture and trading of Bitumen and other similar items. Looking into the nature of business, the company is operating under a single segment.

Notes to Financial Results

1. The Audited financial results are prepared in accordance with Accounting Standards prescribed under Section 133 of the Companies Act 2013

2. Results were reviewed and recommended by the Audit Committee and approved by the Board

3. Figures for half year ended March 31, 2026 are balancing figures between audited full year and unaudited first half figures

4. Previous period figures have been re-grouped/rearranged/recasted wherever necessary