Board Meeting Details
The Board Meeting commenced at 06:05 p.m. and concluded at 7:30 p.m. on August 06, 2026.
Financial Results Approval
The Board considered and approved the Unaudited Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report submitted by the Statutory Auditors, Walker Chandiok & Co LLP.
Key Financial Figures (Quarter Ended June 30, 2026)
- Total Income: ₹14.49 crore
- Total Expenses: ₹11.83 crore
- Cost of materials consumed: ₹5.10 crore
- Changes in inventories: ₹0.61 crore
- Employee benefits expense: ₹2.66 crore
- Finance costs: ₹0.00 crore
- Depreciation and amortization expense: ₹0.42 crore
- Other expenses: ₹3.04 crore
- Profit before tax: ₹2.66 crore
- Tax expense: ₹1.20 crore
- Current tax: ₹0.12 crore
- Deferred tax (net): ₹0.08 crore
- Profit after tax: ₹3.46 crore
- Total comprehensive income: ₹3.42 crore
- Paid-up share capital: ₹3.61 crore (Face value ₹10 per share)
- Other equity: ₹9.58 crore
- Basic and diluted EPS: ₹9.58 (not annualized)
Internal Auditor Change
The Board noted the unfortunate demise of the Company's existing Internal Auditor, M/s. Jayesh Bhagchandani & Co., Chartered Accountants, specifically due to the demise of Mr. Jayesh Bhagchandani, Proprietor, on July 13, 2026. The Company was informed of this on August 6, 2026. Consequently, M/s. Jayesh Bhagchandani & Co. ceased to act as Internal Auditor. The Company is in the process of appointing a new Internal Auditor to fill the resultant casual vacancy.
Dividend Information
The Board of Directors in its meeting held on May 4, 2026, had declared an interim dividend of ₹15 per equity share (150%) of face value ₹10 each. The interim dividend was paid on May 7, 2026.
Additional Information
The Company operates as a single segment "Bearing" business. It does not have any subsidiary, associate, or joint venture, hence consolidated financial results are not applicable. The figures for the quarter ended March 31, 2026, are balancing figures between audited annual figures and year-to-date figures up to Q3 FY26.
Disclosure Format
The additional disclosures required under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025 CFDPODZ2/1/3762/2026 dated January 30, 2026, were provided in Annexure II.