The meeting commenced at 1:00 PM and concluded at 4:30 PM.
Business Approved by the Board
1. Audited Financial Results for the quarter and year ended 31st March, 2026 and Auditor's report thereon issued by Statutory Auditors - M/s B.K. Shroff & Co., Chartered Accountants, New Delhi as reviewed by the Audit Committee
2. Audited Financial Statements of the Company for the financial year ended 31st March, 2026 as reviewed by the Audit Committee
3. Based on the recommendation of Audit Committee, appointment of Mr. Satnam Singh Saggu, Cost Accountant (Membership No. 10555) as Cost Auditor of the Company for the financial year ended 31st March, 2027
4. Board's Report for the financial year 2025-26
5. Fixed the date of 43rd Annual General Meeting of the Company on 24th September, 2026
6. Fixed the date of closure of the Register of Members and Share Transfer Books of the Company from 19th September, 2026 to 24th September, 2026 (both days inclusive) for the purpose of holding 43rd Annual General Meeting
7. To enhance the manufacturing capacity of Ethanol Plant from the existing 180 KL per day to 240 KL per day by debottlenecking on the existing plant with an estimated investment around ₹25.00 Crore
Financial Results Highlights
Year Ended 31st March, 2026 (Audited):
- Total Revenue: ₹1,010.16 crore
- Total Expenses: ₹923.90 crore
- Profit Before Exceptional Items and Tax: ₹94.93 crore
- Exceptional Items: ₹0.57 crore
- Profit Before Tax: ₹94.36 crore
- Tax Expense: ₹18.86 crore (Current Tax) + ₹5.58 crore (Deferred Tax)
- Profit for the Period: ₹69.92 crore
- Other Comprehensive Income: ₹1.37 crore
- Total Comprehensive Income: ₹71.29 crore
- Earnings Per Share (Basic & Diluted): ₹7.84
- Paid-up Equity Share Capital: ₹89.13 crore
- Other Equity: ₹346.29 crore
Quarter Ended 31st March, 2026 (Audited):
- Total Revenue: ₹246.94 crore
- Profit Before Tax: ₹35.88 crore
- Profit for the Period: ₹26.28 crore
- Earnings Per Share: ₹2.95
Segment-wise Performance (Year Ended 31st March, 2026):
- Fibre Segment: Revenue ₹587.04 crore, Profit before tax ₹65.96 crore
- CPP Film Segment: Revenue ₹98.90 crore, Profit before tax ₹10.73 crore
- Ethanol Segment: Revenue ₹324.22 crore, Profit before tax ₹33.71 crore
Balance Sheet Position as at 31st March, 2026
- Total Assets: ₹637.62 crore (Previous year: ₹595.37 crore)
- Property, Plant and Equipment: ₹248.59 crore
- Inventories: ₹103.40 crore
- Trade Receivables: ₹77.83 crore
- Cash and Cash Equivalents: ₹42.60 crore
- Total Equity: ₹435.42 crore
- Borrowings: ₹107.11 crore (Non-current ₹96.39 crore + Current ₹10.72 crore)
Cash Flow Statement
- Net Cash from Operating Activities: ₹51.50 crore
- Net Cash used in Investing Activities: ₹(3.94) crore
- Net Cash used in Financing Activities: ₹(13.12) crore
- Net Increase in Cash: ₹20.94 crore