Key Financial Results - Standalone (Rs. in lakhs)
Quarter Ended March 31, 2026:
- Total Income from Operations: ₹1,841.05
- Net Profit before tax (after exceptional items): ₹245.73
- Net Profit for the period after tax (after exceptional items): ₹227.57
- Total Comprehensive Income: ₹194.09
- Basic & Diluted EPS after Exceptional Items: ₹3.47
- Basic & Diluted EPS before Exceptional Items: ₹3.14
Year Ended March 31, 2026:
- Total Income from Operations: ₹7,843.05
- Net Profit before tax (after exceptional items): ₹871.38
- Net Profit for the period after tax (after exceptional items): ₹973.84
- Total Comprehensive Income: ₹843.69
- Basic & Diluted EPS after Exceptional Items: ₹15.56
- Basic & Diluted EPS before Exceptional Items: ₹17.70
Key Financial Results - Consolidated (Rs. in lakhs)
Quarter Ended March 31, 2026:
- Total Income from Operations: ₹1,862.65
- Net Profit before tax (after exceptional items): ₹231.04
- Net Profit for the period after tax (after exceptional items): ₹233.89
- Total Comprehensive Income: ₹231.04
- Basic & Diluted EPS after Exceptional Items: ₹4.13
- Basic & Diluted EPS before Exceptional Items: ₹3.51
Year Ended March 31, 2026:
- Total Income from Operations: ₹7,911.40
- Net Profit before tax (after exceptional items): ₹888.53
- Net Profit for the period after tax (after exceptional items): ₹785.98
- Total Comprehensive Income: ₹711.57
- Basic & Diluted EPS after Exceptional Items: ₹13.57
- Basic & Diluted EPS before Exceptional Items: ₹19.01
Equity Share Capital
- ₹560.06 lakhs (unchanged across all periods)
Dividend Declaration
- Board of Directors recommended final dividend of ₹1.50 per equity share of ₹10/- each for approval by members
Subsidiary and Associate Information
Consolidated results include:
- Two subsidiaries with total assets of ₹1,195.38 lakhs as at March 31, 2026
- Subsidiaries contributed total revenue of ₹68.65 lakhs and net profit after tax of ₹15.91 lakhs for FY26
- One associate with Group's share of net profit of ₹83.50 lakhs for FY26
- Entities included: Fernway Technologies Limited (wholly owned subsidiary), Stellent Chemicals Industries Limited (wholly owned subsidiary), McGean India Chemicals Private Limited (associate)
Discontinued Operations
- Dinesh Remedies Limited ceased to be subsidiary effective September 3, 2025 after disposal of entire investment
- Loss on derecognition of investment: ₹127.65 lakhs (classified under exceptional items)
- Results of Dinesh Remedies Limited included under discontinued operations up to September 3, 2025
Exceptional Items
- Includes adjustments for Voluntary Retirement and loss on sale of investment in subsidiary (₹127.65 lakhs)
Business Segments
- Company has one reportable primary business segment: "Textiles" as per Ind AS 108
Strategic Developments
- Promoter disclosure received regarding execution of Family Settlement Agreement (FSA) on April 29, 2026 between Bharatbhai Patel & Aditya Patel (BUP Family) and Nimishbhai Patel & Nishank Patel (NUP Family)
- Company was not a party to the FSA
- Board granted in-principle approval for demerger of Company's FELT business into separate legal entity, subject to NCLT and other approvals
- Until proposed demerger, Board approved segregation of FELT and Residual Businesses and assigned directors for separate oversight of each vertical
Labour Code Implementation
- Government of India notified four Labour Codes effective November 21, 2025
- Company currently evaluating overall impact on defined benefit obligations
- Accounting treatment to be incorporated based on evaluation outcomes and regulatory developments
Cash Flow Highlights (Standalone)
- Net cashflow from operating activities: ₹374.57 lakhs
- Net cashflow from investing activities: ₹182.81 lakhs
- Net cashflow from financing activities: Not quantified in disclosure
- Cash and bank balances at year-end: ₹160.95 lakhs
Assets and Liabilities Position (Standalone as at March 31, 2026)
- Total Assets: ₹22,605.02 lakhs
- Total Equity: ₹19,721.93 lakhs
- Non-current liabilities: ₹459.57 lakhs
- Current liabilities: ₹1,917.14 lakhs
Auditor Information
- Statutory Auditors: R.K. Doshi & Co. LLP
- Firm Registration No.: 102745W/W100242
- Partner: Rajiv K. Doshi (Membership No: 032542)
- Audit conducted in accordance with Standards on Auditing specified under Section 143(10) of Companies Act, 2013