Business Performance Overview

During financial year 2025-26, both B2B and B2C businesses continued to grow steadily. However, towards the end of the year, global events led to uncertainty in supply chains and a sharp increase in raw material prices, creating challenges for the business. The company responded by taking suitable pricing and operational measures to reduce the impact and maintain competitiveness.

Strategic Milestone

For the first time, sales from non-plastic furniture, mattresses and foam products exceeded sales from plastic furniture, marking an important milestone reflecting the success of the company's product diversification strategy.

Key Financial Highlights

  • Revenue from operations increased to ₹3,686 crore from ₹3,239 crore in previous year, representing 14% growth
  • Profit After Tax increased to ₹105 crore from ₹91 crore in previous year, despite a one-time exceptional employee benefit charge of ₹5.41 crore arising from implementation of new Labour Codes
  • Net worth stood at ₹1,466 crore as of March 31, 2026
  • Total debt stood at ₹256 crore as of March 31, 2026
  • Invested ₹44 crore towards expansion and strengthening of operations during the year
  • Net cash surplus balance of ₹67 crore at end of FY 2025-26
  • All capex and working capital requirements continue to be met from internal accruals

Dividend Declaration

The Board recommended a final dividend of ₹20 per equity share, being 200% of the face value of ₹10 per share. The total dividend payout will be ₹29.84 crore.

Sustainability Initiatives

  • Renewable energy usage from wind and solar sources increased by 15% compared to previous year
  • Renewable energy contributed around 16% of total energy consumption

CSR Activities

  • Established third school in Gujarat with modern facilities
  • New school will provide education to more than 700 students annually
  • All three schools together provide education to approximately 1,400+ students

Future Outlook

The company is well placed for future growth with strong business foundation, committed employees and clear focus on long-term value creation.