Key Decisions and Financial Results

A. Financial Results Approval

The Board of Directors approved the Audited Standalone & Consolidated Financial Results for the quarter and year ended March 31, 2026, as per Regulation 33 of SEBI LODR Regulations.

Standalone Financial Highlights (Year Ended March 31, 2026):

  • Income from Operations: ₹1,43,168.48 lakhs (vs. ₹1,45,009.73 lakhs in FY25)
  • Total Income: ₹1,43,546.90 lakhs
  • Profit Before Tax: ₹5,360.80 lakhs (vs. ₹4,179.64 lakhs in FY25)
  • Net Profit: ₹3,960.99 lakhs (vs. ₹3,117.87 lakhs in FY25)
  • Basic EPS: ₹13.14 (vs. ₹11.18 in FY25)
  • Diluted EPS: ₹12.95 (vs. ₹11.18 in FY25)
  • Paid-up Equity Share Capital: ₹615.32 lakhs (Face Value: ₹2.00 per share)

Consolidated Financial Highlights (Year Ended March 31, 2026):

  • Income from Operations: ₹1,43,168.48 lakhs
  • Total Income: ₹1,43,546.90 lakhs
  • Profit Before Tax: ₹5,387.26 lakhs
  • Net Profit after Share of Associates: ₹4,147.86 lakhs
  • Basic EPS: ₹13.76
  • Diluted EPS: ₹13.56
  • Paid-up Equity Share Capital: ₹615.32 lakhs (Face Value: ₹2.00 per share)

Quarterly Performance (Consolidated Q4 FY26):

  • Income from Operations: ₹33,228.55 lakhs
  • Total Income: ₹33,323.24 lakhs
  • Net Profit: ₹1,279.99 lakhs
  • Basic EPS: ₹4.25
  • Diluted EPS: ₹4.18

B. Dividend Recommendation

The Board recommended a final dividend of 40% (i.e., Re. 0.80 per equity share of ₹2 each) for FY26, subject to shareholder approval at the ensuing Annual General Meeting. The AGM date and dividend payment date will be communicated separately.

C. Fund Utilization Statement

Preferential Issue Details (June 18, 2025):

  • Equity Shares: 28,86,123 shares at ₹202 per share, raising ₹58,29,96,846/-
  • Convertible Warrants: 5,62,782 warrants at ₹202 per warrant, with 25% consideration received amounting to ₹2,84,20,491/- (total consideration: ₹11,36,81,964/-)

Utilization Status:

  • No deviation or variation from objects stated in EGM notice dated April 28, 2025
  • Equity proceeds fully utilized: ₹19.00 crore for organic/inorganic growth and ₹33.50 crore for working capital
  • Warrant proceeds (25% received): ₹2.84 crore utilized for working capital (against allocated ₹3.36 crore)
  • Balance warrant consideration (75%) to be received upon conversion within 18 months from allotment
  • No warrant conversions during Q4 FY26
  • Interim investment of ₹3.30 crore in Invesco India Arbitrage Fund, with ₹1.31 crore redeemed and utilized for approved objects

Exceptional Items

The company recognized an exceptional item of ₹26.46 lakhs as "Statutory Impact of New Labour Codes" relating to increased gratuity provision (₹22.81 lakhs) and compensated absences (₹3.65 lakhs) due to revised wage definitions under new labor codes.

Segment Information

The company operates in three segments: Metal, Metallic Oxides, and Plastic Additives.

FY26 Consolidated Segment Revenue:

  • Metal: ₹1,05,180.62 lakhs
  • Metallic Oxides: ₹44,441.33 lakhs
  • Plastic Additives: ₹10,485.47 lakhs
  • Others: ₹853.29 lakhs

Associate Company Information

During Q1 FY25, the company acquired 40% equity shares and made 85% investment in non-cumulative non-convertible redeemable preference shares of Planetfirst Green Private Limited, making it an associate company. The company's share of profit from the associate was ₹186.87 lakhs for FY26.

Amalgamation Scheme

The Board approved a scheme for amalgamation of Planetfirst Green Private Limited with POCL Enterprises Limited with appointed date of April 1, 2026. The scheme is subject to NCLT approval and other regulatory approvals.

Audit Details

The statutory auditors, M/s. CNGSN & Associates LLP, expressed unmodified opinions on both standalone and consolidated financial results. The board meeting commenced at 4:00 PM and concluded at 6:15 PM on May 25, 2026.

Financial Position (Standalone as of March 31, 2026)

  • Total Assets: ₹36,275.87 lakhs
  • Total Equity: ₹19,267.74 lakhs
  • Non-current liabilities: ₹1,371.33 lakhs
  • Current liabilities: ₹15,636.80 lakhs

Cash Flow (Standalone FY26)

  • Net cash from operating activities: ₹2,622.56 lakhs
  • Net cash used in investing activities: ₹(7,595.37) lakhs
  • Net cash from financing activities: ₹6,568.77 lakhs
  • Net increase in cash: ₹1,595.96 lakhs