Financial Results Approval

The Board approved the Unaudited Financial Results for the quarter and half year ended September 30, 2026, as recommended by the Audit Committee. The results were accompanied by a Limited Review Report issued by the statutory auditors, P P N and Company.

Dividend Declaration

The Board declared a First interim dividend of ₹0.10 (Ten Paisa only) per equity share of face value ₹10 each for Financial Year 2026-27. The Record Date was fixed as Friday, November 20, 2026, for determining shareholder eligibility. The dividend payment will be made to eligible shareholders on or before Friday, December 11, 2026.

Management Re-appointment

Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the re-appointment of Dr. Palaniappan Shanmugam Panneerselvam (DIN: 08772887) as Managing Director for a period of five consecutive years from February 16, 2027 to February 15, 2032, subject to shareholder approval through postal ballot process.

Postal Ballot Process

The Board approved the Notice of Postal Ballot with Explanatory Statement pursuant to Section 102 of the Companies Act, 2013, for seeking member approval for the MD's re-appointment. CS Santhanakrishnan Anuradha, Practising Company Secretary, was appointed as Scrutinizer for conducting the Postal Ballot process. The Cut-off Date for determining member eligibility was fixed as Friday, November 20, 2026.

Financial Performance Highlights

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹1,348.42 lakhs
  • Total Income: ₹1,361.71 lakhs
  • Profit Before Tax: ₹230.27 lakhs
  • Profit After Tax: ₹169.86 lakhs
  • Basic EPS: ₹1.25
  • Diluted EPS: ₹1.25

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹2,535.13 lakhs
  • Total Income: ₹2,552.69 lakhs
  • Profit Before Tax: ₹361.83 lakhs
  • Profit After Tax: ₹268.50 lakhs
  • Basic EPS: ₹1.97
  • Diluted EPS: ₹1.97

Balance Sheet Position (as at September 30, 2026)

  • Share Capital: ₹1,361.30 lakhs (unchanged from March 2026)
  • Reserves and Surplus: ₹3,157.38 lakhs (increased from ₹2,888.89 lakhs in March 2026)
  • Total Equity and Liabilities: ₹5,402.58 lakhs
  • Property, Plant & Equipment: ₹3,675.60 lakhs
  • Capital Work-in-Progress: ₹260.14 lakhs
  • Cash and Cash Equivalents: ₹246.52 lakhs

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net Cash from Operating Activities: ₹252.85 lakhs
  • Net Cash Used in Investing Activities: ₹(67.59) lakhs
  • Net Cash Used in Financing Activities: ₹(131.25) lakhs
  • Net Increase in Cash: ₹54.01 lakhs

Meeting Details

The Board meeting commenced at 03:00 PM and concluded at 05:10 PM on November 12, 2026.