Board Meeting Details

The meeting was held on Wednesday, August 12, 2026, commencing at 1:45 PM and concluding at 2:50 PM.

Financial Results Overview

Standalone Financial Results (Q1 FY27)

  • Total Income: ₹75,310 lakh (compared to ₹60,634 lakh in Q1 FY26)
  • Revenue from Operations: ₹74,420 lakh (Sale of Goods) + ₹297 lakh (Other Operating Income) = ₹74,717 lakh
  • Other Income: ₹593 lakh
  • Profit Before Tax: ₹4,978 lakh
  • Tax Expense: ₹1,355 lakh (Current Tax) + ₹(80) lakh (Deferred Tax) = ₹1,275 lakh
  • Net Profit for the Period: ₹3,740 lakh (compared to ₹657 lakh in Q1 FY26)
  • Earnings Per Share (Basic): ₹9.14 (not annualized)
  • Earnings Per Share (Diluted): ₹9.09 (not annualized)
  • Paid-up Equity Share Capital: ₹820 lakh (face value ₹2 per share)

Consolidated Financial Results (Q1 FY27)

  • Total Income: ₹69,931 lakh
  • Revenue from Operations: ₹68,768 lakh (Sale of Goods) + ₹418 lakh (Other Operating Income) = ₹69,186 lakh
  • Other Income: ₹745 lakh
  • Profit Before Exceptional Items and Tax: ₹5,766 lakh
  • Exceptional Items: ₹(509) lakh (Gain)
  • Profit Before Tax: ₹5,416 lakh
  • Tax Expense: ₹1,284 lakh (Current Tax) + ₹(96) lakh (Tax for earlier years) = ₹1,188 lakh
  • Net Profit for the Period: ₹4,228 lakh
  • Net Profit Attributable to Owners of the Company: ₹3,554 lakh
  • Net Profit Attributable to Non-Controlling Interest: ₹(131) lakh
  • Earnings Per Share (Basic): ₹8.66 (not annualized)
  • Earnings Per Share (Diluted): ₹8.64 (not annualized)

Subsidiary Information

The consolidated results include 12 subsidiaries. The auditor's review report notes:

  • Seven subsidiaries with total revenues of ₹3,512 lakh, net profit of ₹17 lakh, and comprehensive income of ₹17 lakh were reviewed by other auditors
  • Three subsidiaries with total revenues of ₹10,372 lakh, net loss of ₹(168) lakh, and comprehensive loss of ₹(168) lakh were adjusted to align with holding company accounting policies and reviewed by other auditors

Auditor Review

M/s. Singhi & Co., Statutory Auditors of the Company, issued limited review reports for both standalone and consolidated financial results dated August 12, 2026. The reviews were conducted in accordance with Standard on Review Engagements (SRE) 2410 and found no material misstatements.

Additional Information

The results include provision for fair value of options granted under ESOP 2023 and ESOP 2021 measured in accordance with Ind AS 102. The company operates in a single business segment of 'Ceramic Tiles and Allied Products'.