Financial Results for Quarter Ended June 30, 2026
The company reported unaudited financial results for Q1 FY27:
- Total Income: ₹565.43 lakh (compared to ₹639.05 lakh in Q1 FY26 and ₹252.13 lakh in Q4 FY26)
- Net Profit Before Tax: ₹37.11 lakh (compared to ₹27.72 lakh in Q1 FY26 and ₹11.55 lakh in Q4 FY26)
- Net Profit After Tax: ₹37.11 lakh (compared to ₹20.49 lakh in Q1 FY26 and ₹11.55 lakh in Q4 FY26)
- Earnings Per Share: Not quantified in disclosure
- Paid-up Equity Share Capital: ₹476.47 lakh (face value ₹10 per share)
Board Meeting Outcomes
The Board of Directors meeting held on August 3, 2026, at 2:00 PM at the registered office approved:
1. Unaudited Financial Results: Approved un-audited financial results for quarter ended June 30, 2026, along with limited review report from auditors J.A. Sheth & Associates.
2. Director Resignation: Accepted resignation of Mr. Vijay Narendrabhai Kalariya (DIN: 10454403) as Independent Director effective August 3, 2026, due to personal reasons and pre-occupation. He confirmed no other material reasons for resignation and no other listed company directorships.
3. New Director Appointment: Appointed Mr. Harsh Mukeshbhai Radiya (DIN: 11803235) as Additional Director (Non-Executive Independent Director) for a term of five years effective August 3, 2026, subject to shareholder approval at ensuing AGM. Profile details: MBA Finance from NMIMS, Mumbai, age 27 years, associated with CA firm, expertise in finance and management, holds no shares in company, no other directorships.
4. Secretarial Auditor Appointment: Appointed Mr. Kalpesh P. Rachchh, Proprietor of K.P. Rachchh & Co., as Secretarial Auditor for FY 2026-27.
5. 39th Annual General Meeting: Approved notice calling 39th AGM for financial year ended March 31, 2026. Date, time and venue to be communicated separately.
6. Record Date: Fixed cut-off/record date for 39th AGM (to be communicated separately).
7. Board's Report: Approved Board's Report for financial year ended March 31, 2026.
8. Scrutinizer Appointment: Appointed Mr. Kalpesh P. Rachchh (Membership no. FCS 5156; CP Number: 3974) as Scrutinizer for 39th AGM and remote e-voting process.
Additional Information
- The company operates in single segment: manufacturing of gears, gear boxes and other transmission components
- Financial results prepared in accordance with Ind AS
- Figures for previous quarters are balancing figures between audited annual figures and published quarterly figures
- Meeting concluded at 2:30 PM on August 3, 2026