Board Meeting Details

The Board of Directors meeting was held on Friday, 13 November 2026. The meeting commenced at 04:00 PM and concluded at 04:20 PM.

Key Financial Results (Quarter Ended 30 September 2026)

Income Statement (Rs. in Lakhs):

  • Net sales/income from operations: Rs 856.91
  • Total income from operations: Rs 856.91
  • Cost of materials consumed: Rs 721.07
  • Employee benefits expenses: Rs 123.83
  • Depreciation & amortization expense: Rs 47.07
  • Other expenses: Rs 370.44
  • Total expenses: Rs 1,262.41
  • Profit from operations before other income: Rs 98.01
  • Other income: Rs 54.53
  • Profit before finance costs: Rs 152.54
  • Finance costs: Rs 50.45
  • Profit before tax: Rs 102.09
  • Tax expense: Rs 42.95 (Current tax: Rs 39.33, Deferred tax: Rs 3.62)
  • Net profit after tax: Rs 59.15
  • Earnings per share (EPS): Rs 0.56

Half-Year Financial Results (Ended 30 September 2026)

Income Statement (Rs. in Lakhs):

  • Net sales/income from operations: Rs 2,819.82
  • Total income from operations: Rs 2,819.82
  • Cost of materials consumed: Rs 1,356.91
  • Employee benefits expenses: Rs 236.72
  • Depreciation & amortization expense: Rs 94.28
  • Other expenses: Rs 811.20
  • Total expenses: Rs 2,499.11
  • Profit from operations before other income: Rs 320.71
  • Other income: Rs 78.77
  • Profit before finance costs: Rs 399.48
  • Finance costs: Rs 109.99
  • Profit before tax: Rs 289.49
  • Tax expense: Rs 171.55 (Current tax: Rs 138.59, Deferred tax: Rs 32.96)
  • Net profit after tax: Rs 117.94
  • Earnings per share (EPS): Rs 2.82

Balance Sheet Position (As at 30 September 2026)

Assets (Rs. in Lakhs):

  • Non-current assets: Rs 2,560.15
  • Property, plant and equipment: Rs 1,837.65
  • Right of use assets: Rs 194.18
  • Financial assets: Rs 509.96
  • Investments: Rs 27.36
  • Current assets: Rs 6,841.88
  • Inventories: Rs 2,908.54
  • Trade receivables: Rs 3,199.19
  • Cash and cash equivalents: Rs 68.98
  • Bank balances other than cash: Rs 203.00
  • Other current assets: Rs 460.29
  • Total assets: Rs 9,411.03

Equity and Liabilities (Rs. in Lakhs):

  • Equity: Rs 2,483.21
  • Equity share capital: Rs 1,058.60
  • Other equity: Rs 1,424.61
  • Non-current liabilities: Rs 1,727.02
  • Borrowings: Rs 1,452.88
  • Lease liabilities: Rs 59.30
  • Provisions: Rs 39.97
  • Deferred tax liabilities: Rs 174.87
  • Current liabilities: Rs 5,200.80
  • Borrowings: Rs 4,184.00
  • Trade payables: Rs 311.91
  • Lease liabilities: Rs 6.33
  • Other financial liabilities: Rs 172.88
  • Other current liabilities: Rs 98.25
  • Provisions: Rs 333.30
  • Current tax liabilities: Rs 94.12
  • Total equity and liabilities: Rs 9,411.03

Cash Flow Statement (Half-Year Ended 30 September 2026)

Cash Flow (Rs. in Lakhs):

  • Cash flow from operating activities: Rs 262.93
  • Cash flow from investing activities: Rs 8.34
  • Cash flow from financing activities: Rs (213.10)
  • Net increase in cash and cash equivalents: Rs 58.17
  • Cash and cash equivalents at beginning: Rs 10.81
  • Cash and cash equivalents at end: Rs 68.98

Additional Information

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors
  • Statutory Auditors K Vijayaraghavan and Associates LLP conducted limited review and issued unmodified report
  • Figures for previous periods have been regrouped/reclassified where necessary
  • Results are available on Bombay Stock Exchange website and company's website
  • Paid-up equity share capital: Rs 1,058.60 lakhs (face value Rs 10 per share)