Key Quantitative Figures

  • Total Revenue: ₹5,228.819 million (FY26) vs ₹2,669.396 million (FY25)
  • Profit Before Tax (PBT): ₹111.773 million (FY26) vs ₹154.749 million (FY25)
  • Profit After Tax (PAT): ₹82.894 million (FY26) vs ₹134.746 million (FY25)
  • Earnings Per Share (Basic & Diluted): ₹6.99 (FY26) vs ₹11.35 (FY25)
  • Recommended Final Dividend: ₹0.49 per equity share of ₹10 each.
  • Record Date for Dividend: 21st September 2026
  • CSR Expenditure: ₹2.5 million spent during the year.
  • Employee Strength: 9,217 permanent employees as of 31st March 2025.

Dates of Action

  • AGM Date: 28th September 2026
  • E-Voting Period: 25th September 2026 to 27th September 2026
  • Date of Board Meetings: 9 meetings held between 22-Apr-2025 and 26-Feb-2026.
  • Director Appointments: Mr. Nehal Y Kargatia appointed as CEO and Director w.e.f 13-Aug-2025; Mr. Kalpesh Chandrakishore Shukla appointed as Independent Director w.e.f 14-Nov-2025.
  • Auditor Change: M/s Nitin K Shah & Co., Chartered Accountants, resigned w.e.f 21-Apr-2026. M/S Aparajita V. Shah & Co appointed w.e.f 28-Apr-2026.

Parties Involved

  • Stock Exchange: BSE Limited
  • Statutory Auditors: M/s. Aparajita V Shah & Co., Chartered Accountants
  • Secretarial Auditors: M/s. Amrish Gandhi & Associates, Company Secretaries
  • Registrar & Share Transfer Agent: Purva Sharegistry (India) Pvt. Ltd.
  • Bankers: Axis Bank, HDFC Bank, Bank of Baroda, ICICI Bank, IDBI Bank
  • E-Voting Agency: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: CS Amrish N Gandhi, Practicing Company Secretary

Purpose & Rationale

The document is the statutory Annual Report submitted to the stock exchange. It includes the audited financial statements, reports from the directors and auditors, and details for the upcoming Annual General Meeting (AGM) where shareholders will vote on key resolutions.

Financial & Operational Impact (As Disclosed)

  • The company reported a significant increase in revenue but a decrease in net profit year-on-year.
  • The financial impact of the recommended dividend is quantified.
  • The reappointment of directors is proposed with specified remuneration, which is disclosed and has a future financial impact.
  • The company spent ₹2.5 million on Corporate Social Responsibility (CSR) activities.

Capital Structure Impact

  • There was no change in the capital structure during the year under review. The issued, subscribed, and paid-up capital remained at ₹118.67 million (11,867,000 equity shares of ₹10 each).
  • All shareholding is in dematerialized form.

Cash Flow Implications

  • Cash outflow for the payment of the final dividend, if approved by shareholders.
  • Future cash outflow for the remuneration of Managing Director and Wholetime Director upon their reappointment.

Forward-Looking Commentary

  • The management's discussion highlights a positive industry outlook and the company's focus on cost reduction, quality improvement, and new marketing strategies to achieve higher turnover and profit margins in the coming years.
  • Productivity and profits are expected to increase by 10%.