Board Meeting Outcomes

The Board of Directors at its meeting held on May 28, 2026 (commencing at 12:00 noon and concluding at 5:00 p.m.) approved the following:

1. Annual Audited Financial Results of the Company for the quarter and year ended March 31, 2026

2. Re-appointment of M/s. Shambhu Gupta & Co., Chartered Accountants (Firm Registration No. 007234C) as the Internal Auditors of the Company for FY 2026-2027

3. Partial relocation of the Company's factory operations from G-73, MIDC, Tarapur, Maharashtra to Plot No. 103, Kasna Ecotech I Extension, Gautam Buddha Nagar, Greater Noida - 201308, Uttar Pradesh, effective June 2026

Financial Results Highlights (Standalone)

Quarter Ended March 31, 2026 (Audited)

  • Revenue from Operations (Net): ₹3,229.58 lakhs
  • Other Income: ₹92.10 lakhs
  • Total Income: ₹3,321.68 lakhs
  • Total Expenses: ₹3,276.58 lakhs
  • Profit before tax: ₹45.10 lakhs
  • Tax Expense: ₹15.26 lakhs
  • Profit for the period: ₹29.84 lakhs
  • Other Comprehensive Income: ₹9.03 lakhs
  • Total Comprehensive Income: ₹38.87 lakhs
  • Basic EPS: ₹0.30
  • Diluted EPS: ₹0.30

Year Ended March 31, 2026 (Audited)

  • Revenue from Operations (Net): ₹12,813.94 lakhs
  • Other Income: ₹472.96 lakhs
  • Total Income: ₹13,286.90 lakhs
  • Total Expenses: ₹13,444.19 lakhs
  • Loss before tax: ₹157.29 lakhs
  • Tax Benefit: ₹39.96 lakhs
  • Loss for the year: ₹117.33 lakhs
  • Other Comprehensive Income: ₹20.31 lakhs
  • Total Comprehensive Loss: ₹97.02 lakhs
  • Basic EPS: ₹(1.17)

Comparative Performance

  • Q4 FY26 Profit: ₹29.84 lakhs vs Q4 FY25 Loss: ₹52.02 lakhs
  • FY26 Loss: ₹117.33 lakhs vs FY25 Loss: ₹277.55 lakhs (improvement of ₹160.22 lakhs)
  • Revenue decline: FY26 ₹12,813.94 lakhs vs FY25 ₹14,253.66 lakhs

Segment-wise Performance (Year Ended March 31, 2026)

Revenue Breakdown:

  • Printing: ₹5,576.85 lakhs
  • Flexible Packaging: ₹4,911.44 lakhs
  • Paper Board Packaging: ₹2,303.45 lakhs
  • Others (Candles business): ₹27.44 lakhs

Segment Results (Profit/Loss before tax and finance costs):

  • Printing: Profit of ₹1,297.81 lakhs
  • Flexible Packaging: Loss of ₹934.98 lakhs
  • Paper Board Packaging: Profit of ₹76.63 lakhs
  • Others: Loss of ₹18.63 lakhs

Factory Relocation Details

The Board approved partial relocation of factory operations from Tarapur, Maharashtra to Greater Noida, Uttar Pradesh, effective June 2026. Both units manufacture the same product line - flexible packaging. The strategic move is aimed at enhancing operational efficiency, achieving economies of scale through consolidation, and improving the overall performance of the flexible packaging division.

Auditor Appointments

  • Statutory Auditors: M/s. Sarda&Pareek LLP, Chartered Accountants issued an audit report with unmodified opinion on the audited financial results
  • Internal Auditors: M/s. Shambhu Gupta & Co., Chartered Accountants (Firm Registration No. 007234C) re-appointed for FY 2026-2027

Financial Position (as of March 31, 2026)

  • Paid-up Equity Share Capital: ₹1,000.00 lakhs (Face Value of ₹10 each)
  • Other Equity: ₹5,452.03 lakhs
  • Total Assets: ₹15,971.76 lakhs
  • Total Equity: ₹6,452.03 lakhs
  • Total Liabilities: ₹9,519.73 lakhs

Cash Flow Statements (Year Ended March 31, 2026)

  • Net cash flow from Operating Activities: ₹915.58 lakhs
  • Net cash flow from Investing Activities: ₹291.53 lakhs
  • Net cash flow from Financing Activities: ₹(1,205.43) lakhs
  • Net increase in cash and cash equivalents: ₹1.68 lakhs
  • Cash and cash equivalents at year-end: ₹15.80 lakhs