Financial Results Approval

The Board approved the Audited Standalone Financial Results for the quarter and year ended March 31, 2026. The statutory auditors, M. R. Hegde & Associates, issued an unmodified audit opinion on these results.

Quarterly Financial Performance (₹ lakhs)

  • Q4 FY26 Revenue: 948.69 (Q4 FY25: 875.54)
  • Q4 FY26 Net Profit: 72.33 (Q4 FY25: 41.70)
  • Q4 FY26 EPS (Basic & Diluted): ₹346.60 (Q4 FY25: ₹155.25)

Annual Financial Performance (₹ lakhs)

  • FY26 Total Income: 3,795.38 (FY25: 3,692.51)
  • FY26 Net Profit: 270.42 (FY25: 181.16) - representing a 49.3% increase
  • FY26 EPS (Basic & Diluted): ₹1,259.15 (FY25: ₹779.20)

Revenue Breakdown FY26

  • Sale of products (net of GST): ₹3,002.31 lakhs
  • Other Operating revenue: ₹682.19 lakhs
  • Other Income: ₹110.89 lakhs

Expense Breakdown FY26

  • Cost of materials consumed: ₹1,345.50 lakhs
  • Employee Benefits Expense: ₹712.32 lakhs
  • Other Expenses: ₹879.96 lakhs
  • Depreciation/Amortization: ₹152.70 lakhs

Tax Expense FY26

  • Income Tax: ₹82.90 lakhs
  • Deferred Tax: ₹14.05 lakhs

Dividend Declaration

The Board recommended a Final Dividend of ₹60 per equity share (60% of face value of ₹100 each) for financial year 2025-26. The dividend is subject to approval by shareholders at the ensuing Annual General Meeting (AGM). If approved, the dividend will be paid/dispatched within 30 days from the date of the AGM.

Internal Auditors Re-appointment

  • Karnataka Unit: M.B. Rama Bhat & Associates, Chartered Accountants reappointed as Internal Auditors for FY26-27
  • Kerala Unit: S B R V and Co, Chartered Accountants reappointed as Internal Auditors for FY26-27

Statutory Policies

The Board adopted various applicable Statutory Policies in compliance with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Additional Financial Information

Assets and Liabilities (as at March 31, 2026)

  • Paid-up equity share capital: ₹22.50 lakhs (Face value ₹100 per share)
  • Other Equity: ₹2,687.44 lakhs
  • Total Equity: ₹2,709.94 lakhs

Cash Flow Statement FY26

  • Net Cash from Operating Activities: ₹400.14 lakhs
  • Net Cash used in Investing Activities: ₹(399.89) lakhs
  • Net Cash used in Financing Activities: ₹(11.25) lakhs
  • Net Decrease in Cash Equivalents: ₹(11.00) lakhs
  • Cash and Cash Equivalents at year-end: ₹110.21 lakhs

Notes to Financial Results

1. The company is engaged in manufacturing and trading of gases in the domestic market with a single reportable segment.

2. The Government of India implemented four Labour Codes effective November 21, 2025. Based on management's assessment, no material impact on FY26 financial statements is expected, and no additional provision is considered necessary.

3. Figures for corresponding previous periods have been restated/regrouped wherever necessary to conform to current period classification.