Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results with Limited Review Report
Audit Opinion:
Limited Review Report with Emphasis of Matter - Not Qualified
Key Financial Highlights [Amounts in ₹ lakhs]:
Standalone Results:
Revenue from Operations: 10,957.82 (compared to 9,073.15 in Q1 June 2025 - increased 20.8% YoY)
Total Income: 11,021.20
EBITDA: 792.05 (disclosed in notes)
Net Profit: (2,098.94) loss (compared to (1,765.61) loss in Q1 June 2025 - deterioration)
EPS: (1.60) basic and diluted
Other Equity: Negative (6,167.13) as net worth
Expenses Breakdown:
Cost of materials consumed: 3,815.25
Changes in inventories: (28.77)
Consumption of stores & spares: 1,097.93
Employee benefits expense: 1,437.21
Depreciation and amortization: 906.83
Job work charges: 444.89
Finance Cost: 2,047.54
Other expenses: 3,399.26
Total expenses: 13,120.14
Comparative Performance:
Quarter ended June 30, 2026 vs June 30, 2025: Revenue increased but net loss widened from (1,765.61) to (2,098.94)
Quarter ended June 30, 2026 vs March 31, 2026: Revenue remained stable (10,957.82 vs 10,942.99) but loss improved from (2,671.86)
Segment-wise Performance:
The company operates in a single primary business segment: Automobile Parts, and a single geographical segment. Segment disclosures not required under Ind AS-108.
Corporate Actions:
- Approved convening the 21st Annual General Meeting on Friday, September 25, 2026 at 12:00 Noon (IST) through Video Conferencing / Other Audio Visual Means
- Recommended re-appointment of Mr. Yogesh Chander Munjal (DIN: 00003491) as Non-Executive, Non-Independent Director
- Approved increase in Authorised Share Capital from existing Rs. 44,00,00,000 (Twenty-Two Crore equity shares of Rs.2 each) to Rs. 55,00,00,000 (Twenty-Seven Crores Fifty Lakhs equity shares of Rs.2 each)
- Approved consequential alteration in Clause V (the Capital Clause) of the Memorandum of Association
Other Significant Information:
- The company has unabsorbed business depreciation which management believes will be used to set off taxable profit in subsequent years
- Management prepared financials on going concern basis considering expected improvement through strategic refinancing of existing borrowings and better operational performance
- The company generated EBITDA of Rs. 792.05 lakhs during the quarter and has met all debt obligations, including repayment of principal and payment of interest
- Paid up equity share capital: 2,629.90 lakhs (Face value Rs.2)