Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Year Ended 31st March, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI Listing Regulations
Audit Opinion:
The Audit Report does not contain any qualification. The audit was conducted by S R Divatia and Co., Chartered Accountants (Firm Regn No. 102646W).
Key Financial Highlights [Rs. in Lakhs]:
Standalone Results for Year Ended 31st March, 2026:
- Revenue from Operations: ₹5,41,018.05
- Total Income: ₹5,46,343.14
- Profit before Tax: ₹20,909.00
- Tax Expenses: ₹5,057.59
- Net Profit: ₹15,526.80
- EPS Basic: ₹8.58 (Face Value of Rs. 1/- Per Share)
- EPS Diluted: ₹8.57 (Face Value of Rs. 1/- Per Share)
Standalone Results for Quarter Ended 31st March, 2026:
- Revenue from Operations: ₹1,74,345.71
- Total Income: ₹1,76,285.04
- Profit before Tax: ₹7,224.62
- Tax Expenses: ₹1,609.59
- Net Profit: ₹5,487.41
- EPS Basic: ₹3.03 (Face Value of Rs. 1/- Per Share)
- EPS Diluted: ₹3.02 (Face Value of Rs. 1/- Per Share)
Balance Sheet Position as at 31st March, 2026:
- Property, Plant and Equipment: ₹31,583.80
- Capital-work-in-progress: ₹18,297.96
- Inventories: ₹44,598.68
- Trade Receivables: ₹92,540.50
- Cash and Cash Equivalents: ₹11,431.59
- Total Assets: ₹2,24,921.30
- Equity Share Capital: ₹1,828.16
- Other Equity: ₹75,406.04
- Borrowings (Non-current): ₹16,232.74
- Borrowings (Current): ₹13,112.27
- Trade Payables: ₹1,08,113.22
Cash Flow Statement for Year Ended 31st March, 2026:
- Net cash from operating activities: ₹27,295.96
- Net cash used in investing activities: ₹(39,681.49)
- Net cash from financing activities: ₹19,942.67
- Net increase in cash equivalents: ₹7,557.14
Segment-wise Performance:
The Company has only one reportable primary business segment as per IND AS 108, i.e. Manufacturing of Winding Wires.
Corporate Actions:
- Final Dividend @ 55% i.e. Rs. 0.55 per fully paid Equity Share of Rs. 1/- each declared
- Two Interim Dividends of Rs. 0.35 (35%) each were paid on 12-11-2025 and 14-02-2026, aggregating to 70%
- Final dividend payable to members within 30 days of approval in the ensuing Annual General Meeting
Other Significant Information:
- Unsecured Working Capital Facility up to Rs. 190 Crores from RBL Limited
- Induction of Axis Bank Limited as a Fourth Secured Lender for a Secured Working Capital Facility of Rs. 350 Crores
- Fixed asset purchases including Capital Work in Progress: ₹29,364.46 lakhs
- The Government of India notified four labour codes on November 21, 2025, with incremental impact assessed as not material
- Previous year's figures have been regrouped/reworked wherever necessary for comparability
Related Party Transactions (01/10/2025 to 31/03/2026):
Remuneration payments to key management personnel including:
- Shri. Milan M. Mehta (Chairman, Managing Director): ₹143.6 lakhs
- Shri Deepak M. Mehta (Vice Chairman & Whole Time Director): ₹43.59 lakhs
- Shri. Nirbhay Mehta (Senior Vice President): ₹32.59 lakhs
- Shri. Arjun Mehta (Vice President): ₹24.35 lakhs
- Rent payments to promoter entities totaling ₹29.73 lakhs