Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR
Audit Opinion:
Limited Review Report - Clean opinion with no material misstatements identified
Key Financial Highlights [All amounts in ₹ Million]:
Standalone Results:
Revenue from Operations: Q1 FY27: ₹1,447.71 million (Q1 FY26: ₹1,335.33 million) - 8% YoY increase
Total Income: Q1 FY27: ₹1,456.56 million (Q1 FY26: ₹1,352.65 million)
Net Profit: Q1 FY27: ₹63.52 million (Q1 FY26: ₹33.35 million) - 90% YoY increase
EPS (Basic): Q1 FY27: ₹0.82 (Q1 FY26: ₹0.43)
Quarterly Comparison:
Profit before tax: Q1 FY27: ₹85.92 million (Q1 FY26: ₹43.79 million)
Total Tax Expenses: Q1 FY27: ₹22.40 million (Q1 FY26: ₹10.44 million)
Other Income: Q1 FY27: ₹8.85 million (Q1 FY26: ₹17.32 million)
Annual Comparison (Audited):
Year ended March 31, 2026: Revenue ₹6,311.62 million, Net Profit ₹234.06 million
Expenses Breakdown Q1 FY27:
Purchases of stock-in-trade: ₹1,217.63 million
Employee benefits expense: ₹30.78 million
Finance costs: ₹2.63 million
Depreciation and amortisation expense: ₹12.71 million
Other Expenses: ₹51.38 million
Segment-wise Performance:
The Company has only one reportable operating segment - Apparels business with similar characteristics reviewed by the Chief Operating Decision Maker.
Corporate Actions:
Dividend declarations: Not Specified
Share split/bonus issue/buyback: Not Specified
Auditor Appointment:
Appointed PPC & Co, Chartered Accountants (FRN: 136439W) as Statutory Auditors for 5 years, effective from conclusion of AGM until conclusion of AGM for financial year 2030-31. This replaces M/s. Sanjay Vhanbatte & Co whose term completes at the ensuing AGM.
AGM Details:
6th Annual General Meeting scheduled for Friday, September 18, 2026 at 04:00 PM through Video Conferencing/Other Audio Visual Means at Registered Office: SR No. 144/1 Manade Mala Nr Tawade Hotel Gandhinagar d Uchgaon, Kolhapur MH 416005
Board Report:
Approved Board's report for the financial year ended March 31, 2026 pursuant to Section 134 of Companies Act, 2013
Other Significant Information:
Associate Company Disclosure:
The company has invested in a partnership firm "Saraswati Saree Depot" in Ahmednagar with 50% share in profits. Income from associate recorded at ₹9.73 million for Q1 FY27. Financial statements are not consolidated as it is not a subsidiary and its securities are not listed.
Accounting Policies:
Financial results prepared in accordance with Indian Accounting Standards (IND AS) as per Companies (Indian Accounting Standards) Rules, 2015