Financial Performance Highlights

  • Total Income: ₹10,884.76 lakhs (FY 2024-25: ₹8,740.13 lakhs)
  • Revenue from Operations: ₹10,878.22 lakhs (FY 2024-25: ₹8,721.79 lakhs)
  • Other Income: ₹6.54 lakhs (FY 2024-25: ₹18.34 lakhs)
  • Finance Costs: ₹266.98 lakhs (FY 2024-25: ₹280.74 lakhs)
  • Depreciation/Amortization: ₹223.38 lakhs (FY 2024-25: ₹166.26 lakhs)
  • Profit/(Loss) Before Tax: (₹27.67) lakhs (FY 2024-25: ₹8.73 lakhs)
  • Tax Expense: (₹14.47) lakhs (FY 2024-25: (₹7.44) lakhs)
  • Net Profit/(Loss): (₹13.21) lakhs (FY 2024-25: ₹16.17 lakhs)
  • EPS Basic & Diluted: (₹0.18) (FY 2024-25: ₹0.21)

Capital Structure

  • Authorized Share Capital: ₹12,00,00,000 divided into 1,20,00,000 equity shares of ₹10 each
  • Paid-up Share Capital: ₹7,53,67,000 divided into 75,36,700 equity shares of ₹10 each
  • Promoter Holding: 67.07% (50,54,600 shares)
  • Public Holding: 32.93% (24,82,100 shares)
  • Dematerialized Shares: 80.25% of share capital as of 31st March 2026

AGM Details

  • 41st AGM Date: 30th September 2026 at 12:30 PM
  • Meeting Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Record Date: 23rd September 2026
  • Business to be Transacted:
  • Adoption of audited financial statements for FY 2025-26
  • Re-appointment of S. Vishnu Vardhan Reddy (DIN: 00051641) who retires by rotation
  • Re-appointment of S. Rajitha Reddy (DIN: 00051603) who retires by rotation

Dividend & Reserves

  • No dividend recommended for FY 2025-26 due to loss
  • No amount transferred to general reserves
  • No unpaid/unclaimed dividend with the company

Business Operations

  • Primary Business: Manufacturing HDPE/PP woven sacks for packing fertilizers and cement
  • Factory Locations:
  • Unit-I: Plot No. 154/A2, Sri Venkateswara Industrial Estate, Bollaram, Medak Dist., Telangana
  • Unit-II: Survey No. 548/A, Mudireddypalli Village, Balanagar Mandal, Mahaboobnagar Dist., Telangana
  • Bankers: HDFC Bank, Punjab National Bank

Directors & Key Managerial Personnel

  • Managing Director & Chairperson: S. Vishnu Vardhan Reddy (DIN: 00051641)
  • Whole Time Director & CFO: S. Rajitha Reddy (DIN: 00051603)
  • Independent Directors:
  • Mrs. Indira Reddy Kuknoor (DIN: 02435247)
  • Mr. Nagaraj Draksharam (DIN: 02306564)
  • Mr. Lakshmikar Reddy Mundla (DIN: 00493922)
  • Company Secretary & Compliance Officer: Mrs. Rashi Pathak

Corporate Governance

  • Corporate Governance report not applicable as paid-up capital < ₹10 crores and net worth < ₹25 crores
  • Board met 4 times during FY 2025-26: 30-05-2025, 14-08-2025, 14-11-2025, 14-02-2026
  • All independent directors provided declarations of independence
  • Adequate internal financial controls in place

Auditors

  • Statutory Auditors: M/s. P Murali & Co., Chartered Accountants (FRN: 007257S)
  • Auditor's Tenure: Appointed until conclusion of 42nd AGM in 2027
  • Audit Opinion: Unmodified opinion without qualifications
  • Secretarial Auditor: CS Putcha Sarada

Key Ratios (as of 31st March 2026)

  • Current Ratio: 1.72 (FY 2024-25: 1.80)
  • Debt-Equity Ratio: 4.15 (FY 2024-25: 4.89)
  • Inventory Turnover Ratio: 5.30 (FY 2024-25: 3.90)
  • Trade Receivables Turnover Ratio: 5.74 (FY 2024-25: 4.34)
  • Trade Payables Turnover Ratio: 7.98 (FY 2024-25: 5.06)
  • Net Profit Ratio: Negative (FY 2024-25: Negative)

Other Significant Disclosures

  • No material changes in nature of business during the year
  • No frauds reported by auditors under Section 143(12)
  • No applications or proceedings under Insolvency and Bankruptcy Code, 2016
  • No revision of financial statements
  • No related party transactions except managerial remuneration
  • No deposits accepted under Chapter V of Companies Act, 2013
  • No corporate actions initiated during the year
  • No significant material orders passed by regulators/courts

Shareholding Pattern (as of 31st March 2026)

  • Promoter & Promoter Group: 67.07% (11 shareholders)
  • Public: 32.93% (3,267 shareholders)
  • Major Shareholders (>5%):
  • Salguti Finance And Investments: 19.30% (14,54,375 shares)
  • S. Vishnuvardhan Reddy: 16.72% (12,59,900 shares)
  • S. Rajitha Reddy: 13.70% (10,32,675 shares)
  • S. Prajwal Reddy: 10.33% (7,78,500 shares)

Assets & Liabilities Position (as of 31st March 2026)

  • Total Assets: ₹5,781.75 lakhs (FY 2024-25: ₹5,347.00 lakhs)
  • Non-Current Assets: ₹1,130.12 lakhs (Property, Plant & Equipment: ₹674.85 lakhs)
  • Current Assets: ₹4,651.63 lakhs (Inventories: ₹1,922.29 lakhs; Trade Receivables: ₹1,837.19 lakhs)
  • Equity: ₹892.88 lakhs
  • Non-Current Liabilities: ₹2,186.75 lakhs (Long-term borrowings)
  • Current Liabilities: ₹2,702.10 lakhs (Short-term borrowings: ₹1,516.45 lakhs)

Cash Flow Statement (FY 2025-26)

  • Net cash from operating activities: ₹487.69 lakhs
  • Net cash used in investing activities: (₹532.70) lakhs
  • Net cash from financing activities: ₹50.29 lakhs
  • Net increase in cash: ₹5.28 lakhs
  • Closing cash balance: ₹13.54 lakhs

Compliance Status

  • Company confirms compliance with all applicable statutory provisions
  • No defaults under Section 164(2) of Companies Act, 2013
  • All SEBI (LODR) Regulations, 2015 requirements complied with
  • No deviations in utilization of funds raised