Financial Results - Standalone (₹ in lakhs)
Quarter Ended June 30, 2026 (Unaudited):
- Revenue from operations: ₹1,805.83
- Other income: ₹645.77
- Total income: ₹2,451.60
- Total expenses: ₹1,587.08
- Profit before tax and exceptional items: ₹864.52
- Exceptional items: None
- Profit before tax: ₹864.53
- Tax expense: ₹140.65 (Provision for taxation: ₹125.00, Deferred tax: ₹15.64)
- Net profit for the period: ₹723.88
- Total comprehensive income: ₹723.88
- Basic & diluted EPS: ₹12.93
Comparative Standalone Performance:
- Q1 FY26 (June 30, 2025): Net profit ₹398.57, EPS ₹7.12
- Q4 FY26 (March 31, 2026): Net profit ₹111.15, EPS ₹1.98
- Full Year FY26: Net profit ₹871.38
Financial Results - Consolidated (₹ in lakhs)
Quarter Ended June 30, 2026 (Unaudited):
- Revenue from operations: ₹1,812.89
- Other income: ₹656.79
- Total income: ₹2,469.68
- Total expenses: ₹1,609.26
- Profit before share of associate and exceptional items: ₹860.42
- Share of profit from associate: ₹27.30
- Exceptional items loss: ₹202.98
- Profit before tax: ₹(135.43)
- Tax benefit: ₹(78.40) (Provision for taxation: ₹(53.91), Earlier year tax written back: ₹(25.60), Deferred tax: ₹1.11)
- Net loss for the period: ₹(57.03)
- Total comprehensive loss: ₹(84.72)
- Basic & diluted EPS: ₹(1.02)
Consolidated Entities:
- Parent: Shri Dinesh Mills Limited
- Subsidiaries: Fernway Technologies Limited, Stellent Chemicals Industries Limited
- Step-down associate: McGean India Chemicals Private Limited (associate of Stellent Chemicals)
Subsidiary and Associate Details
- Two subsidiaries (Fernway Technologies Limited and Stellent Chemicals Industries Limited) were not reviewed by their auditors
- These unreviewed subsidiaries reported total revenues of ₹45.38 lakhs and net profit of ₹23.20 lakhs for the quarter
- The Group's share of profit from associate (McGean India Chemicals) was ₹27.30 lakhs for the quarter
- Dinesh Remedies Limited ceased to be a subsidiary effective September 3, 2025, and its results are reported under discontinued operations
Corporate Developments
Family Settlement Agreement (FSA):
- Promoters executed a Family Settlement Agreement on April 29, 2026 between Shri Bharatbhai Patel & Shri Aditya Patel (BUP Family) and Shri Nimishbhai Patel & Shri Nishank Patel (NUP Family)
- The Company was not a party to the FSA
- Board noted the disclosure and granted in-principle approval for demerger of the Company's FELT business into a separate legal entity
- Demerger subject to NCLT and other approvals
- Until proposed demerger, Board approved segregation of FELT and Residual Businesses with assigned directors for separate oversight of each vertical
Notes to Financial Results
- The company has only one reportable primary business segment: "Textiles"
- Figures for quarter ended March 31, 2026 are balancing figures between audited full year and published unaudited YTD figures
- Previous period figures have been regrouped/reclassified where necessary
- Exceptional items represent adjustments related to Voluntary Retirement Scheme