Key Financial Figures (₹ in lacs)

Income Statement Highlights:

  • Quarter Ended 31-Mar-26: Revenue from operations: ₹2,996.01; Other income: ₹649.22; Total income: ₹3,645.21; Net profit: ₹606.31; EPS: ₹3.42
  • Year Ended 31-Mar-26: Revenue from operations: ₹11,775.42; Other income: ₹2,543.41; Total income: ₹14,318.83; Net profit: ₹3,396.19; EPS: ₹19.17
  • Year Ended 31-Mar-25 (Comparative): Revenue from operations: ₹14,837.00; Other income: ₹2,203.95; Total income: ₹17,040.95; Net profit: ₹2,647.12; EPS: ₹14.94

Expense Breakdown (FY26):

  • Cost of materials consumed: ₹6,758.04
  • Employee benefits expense: ₹1,375.14
  • Finance costs: ₹10.45
  • Depreciation and amortization: ₹114.95
  • Other expenses: ₹1,634.58

Tax Expenses (FY26):

  • Current tax: ₹1,154.57
  • Deferred tax: ₹20.11
  • Total tax: ₹1,174.68

Balance Sheet Position (as of 31-Mar-26)

Assets:

  • Non-current assets: ₹1,489.07 (Property, plant and equipment: ₹1,137.10; Right of use assets: ₹28.90; Other financial assets: ₹169.61; Other non-current assets: ₹153.46)
  • Current assets: ₹24,050.01 (Inventories: ₹652.67; Investments: ₹2,192.54; Trade receivables: ₹2,091.95; Cash and cash equivalents: ₹14.54; Other bank balances: ₹687.46; Loans: ₹16,307.00; Other financial assets: ₹1,788.89; Current tax assets: ₹72.15; Other current assets: ₹242.87)
  • Total assets: ₹25,539.08

Liabilities and Equity:

  • Equity share capital: ₹1,771.48
  • Other equity: ₹22,938.59
  • Total equity: ₹24,710.07
  • Non-current liabilities: ₹219.18 (Lease liabilities: ₹4.66; Provisions: ₹96.98; Deferred tax liabilities: ₹117.54)
  • Current liabilities: ₹609.83 (Borrowings: ₹87.87; Lease liabilities: ₹0.27; Trade payables: ₹481.65; Other financial liabilities: ₹22.97; Other current liabilities: ₹8.84; Provisions: ₹8.29)

Significant Developments

1. New Labour Codes Implementation: The Ministry of Labour and Employment implemented New Labour Codes effective 21 November 2025. Based on available information and ICAI guidance, the company assessed the impact as not material and reflected it in the financial results for the quarter and year ended 31 March 2026.

2. Settlement of Dispute: The company applied under the Settlement of Dispute (SOD) Scheme for West Bengal Entry Tax and received a Provisional Certificate on January 8, 2026. Against the provision of ₹36.69 lakhs, a payment of ₹29.26 lakhs was made. The excess liability of ₹7.43 lakhs was written back as the objection period expired.

3. IPO Proceeds Utilization:

  • Provision for Contingencies: ₹119.56
  • Security for WBSEDCL: ₹200.00
  • General Corporate Purpose: ₹501.29
  • Issue Expenses: ₹272.88
  • Total utilized: ₹3,555.00
  • Balance IPO funds are deployed in fixed deposits and mutual funds

Cash Flow Statement (FY26)

  • Net cash used in operating activities: ₹(2,052.75)
  • Net cash from investing activities: ₹2,036.99
  • Net cash from financing activities: ₹24.19
  • Net decrease in cash and cash equivalents: ₹(4.78)
  • Cash and cash equivalents at year end: ₹14.54

Additional Information

The figures for the quarter ended 31st March 2026 are balancing figures between audited full-year figures and published year-to-date figures up to the third quarter. Corresponding previous period figures have been regrouped/rearranged for comparability.