Summary of Key Information:

Reporting Period: Year ended March 31, 2026 (FY26) and Quarter ended March 31, 2026 (Q4 FY26)

Nature of Filing / Announcement: Outcome of Board Meeting and Audited Financial Results

Audit Opinion:

Unmodified opinion (clean) issued by M/s. Kanu Doshi Associates LLP, Chartered Accountants

Key Financial Highlights [₹ lakhs]:

Standalone Results:

Year ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹1,05,929.42 lakhs
  • Total Income: ₹1,05,929.42 lakhs
  • Net Profit: ₹3,904.89 lakhs (11% increase from ₹3,506.58 lakhs in FY25)
  • EPS: ₹13.03 (Basic and Diluted)
  • Other Equity: ₹33,049.19 lakhs
  • Cash and Cash Equivalents: ₹472.50 lakhs
  • Debt: Short-term borrowings ₹10,903.24 lakhs, Long-term borrowings ₹1,421.56 lakhs

Quarter ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹33,954.80 lakhs
  • Total Income: ₹33,954.80 lakhs
  • Net Profit: ₹998.08 lakhs
  • EPS: ₹2.99 (Basic and Diluted)

Financial Position as at March 31, 2026:

  • Total Assets: ₹62,009.85 lakhs
  • Total Equity: ₹36,389.24 lakhs
  • Paid-up Equity Share Capital: ₹3,340.05 lakhs (Face value ₹10 per share)

Segment-wise Performance:

The Company has only one business segment i.e. organised retail, Processing and does not operate in any other reportable segment as per Ind AS 108: Operating Segments.

Corporate Actions:

IPO Completion:

  • Completed initial public offer (IPO) of 95,20,000 equity shares of face value of ₹10/- each at an issue price of ₹255 per share
  • Comprising fresh issue of 85,18,000 equity shares aggregating to ₹21,710.70 lakhs and offer for sale of 10,02,000 equity shares aggregating to ₹2,555.10 lakhs
  • Total IPO proceeds: ₹24,265.80 lakhs
  • Listed on BSE and NSE on August 26, 2025

Pre-IPO Placement:

  • Raised ₹1,500 lakhs through issuance of 5,00,000 equity shares at ₹300 per share

IPO Proceeds Utilization:

  • Working capital requirements: ₹11,500.00 lakhs (fully utilized)
  • Debt repayment: ₹5,900.00 lakhs (fully utilized)
  • General corporate purposes: ₹3,039.46 lakhs (₹1,120.51 utilized, ₹1,918.95 unutilized)
  • Issue expenses: ₹2,771.24 lakhs (actual spent exceeded prospectus estimate by ₹108.41 lakhs)

Other Significant Information:

Cash Flow Highlights for FY26:

  • Net Cash Flow from Operating Activities: ₹(8,346.93) lakhs
  • Net Cash Flow from Investing Activities: ₹(2,577.94) lakhs
  • Net Cash Flow from Financing Activities: ₹11,122.77 lakhs
  • Net Increase in Cash: ₹197.90 lakhs

Assets Position:

  • Property, Plant & Equipment: ₹6,742.76 lakhs
  • Right of Use Assets: ₹4,048.01 lakhs
  • Inventories: ₹25,959.89 lakhs
  • Trade Receivables: ₹16,194.90 lakhs

Liabilities Position:

  • Trade Payables to Micro and Small Enterprises: ₹1,990.83 lakhs
  • Trade Payables to other than Micro and Small Enterprises: ₹6,887.21 lakhs