Board Meeting Outcomes

The Board of Directors at its meeting held on May 30, 2026 (5:00 PM to 7:00 PM) approved:

1. Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026

2. Recommended final dividend of ₹3 per equity share (30% on paid-up equity share capital of face value ₹10 each) for FY 2025-26, subject to shareholder approval at the ensuing Annual General Meeting

3. Re-appointment of M/s Nirmal Kumar Reddy & Co., Chartered Accountants as Internal Auditor for FY 2026-27

4. Re-appointment of Santosh & Associates, Cost Accountants as Cost Auditor for FY 2026-27

Standalone Financial Results (₹ in Lakhs)

Quarterly Performance (Q4 FY26)

  • Revenue from operations: ₹16,313.92
  • Other income: ₹1,791.51
  • Total revenue: ₹18,105.43
  • Total expenditure: ₹15,159.89
  • Profit before exceptional items and tax: ₹2,945.54
  • Exceptional items: (₹551.69) loss
  • Profit before tax: ₹2,393.85
  • Tax expense: ₹336.65
  • Profit after tax: ₹2,055.97
  • Other comprehensive income: (₹5,833.06) loss
  • Total comprehensive income: (₹3,777.09) loss
  • Basic EPS: ₹11.98 (not annualized)

Annual Performance (FY26)

  • Revenue from operations: ₹66,695.85
  • Other income: ₹5,485.74
  • Total revenue: ₹72,181.59
  • Total expenditure: ₹58,496.47
  • Profit before exceptional items and tax: ₹13,685.12
  • Exceptional items: (₹1,350.34) loss
  • Profit before tax: ₹12,334.78
  • Tax expense: ₹3,065.22
  • Profit after tax: ₹9,269.56
  • Other comprehensive income: (₹3,341.84) loss
  • Total comprehensive income: ₹5,927.72
  • Basic EPS: ₹54.00 (annualized)

Comparative Figures (FY25)

  • Revenue from operations: ₹63,782.26
  • Profit after tax: ₹9,267.52
  • Basic EPS: ₹53.99

Standalone Balance Sheet (as at March 31, 2026)

  • Total assets: ₹1,10,683.79 lakhs
  • Non-current assets: ₹45,107.16 lakhs (including Property, Plant & Equipment: ₹5,803.69 lakhs, Investments: ₹32,405.86 lakhs)
  • Current assets: ₹65,322.48 lakhs (including Cash & cash equivalents: ₹43,396.87 lakhs)
  • Equity: ₹97,641.03 lakhs
  • Non-current liabilities: ₹6,802.85 lakhs
  • Current liabilities: ₹6,239.90 lakhs

Standalone Cash Flow Statement (FY26)

  • Net cash from operating activities: ₹3,872.66 lakhs
  • Net cash from investing activities: ₹3,823.02 lakhs
  • Net cash used in financing activities: (₹1,105.97) lakhs
  • Net increase in cash: ₹6,589.71 lakhs

Consolidated Financial Results (₹ in Lakhs)

Quarterly Performance (Q4 FY26)

  • Revenue from operations: ₹16,313.92
  • Profit after tax: ₹2,005.75
  • Basic EPS: ₹11.83 (not annualized)

Annual Performance (FY26)

  • Revenue from operations: ₹66,695.85
  • Profit after tax: ₹9,014.52
  • Basic EPS: ₹53.25 (annualized)

Comparative Figures (FY25)

  • Revenue from operations: ₹63,782.26
  • Profit after tax: ₹8,746.91
  • Basic EPS: ₹52.47

Segment Information

  • The company operates primarily in the Chemicals segment
  • Wind Energy segment contributes less than 10% of total revenue
  • Geographical segments: Within India (₹41,153.27 lakhs), Rest of World (₹25,542.58 lakhs)
  • No single customer represents 10% or more of total revenue

Notes to Accounts

1. Exceptional items: Include ₹8.75 crores loss due to investment in gold and ₹4.75 crores derecognition of investment in debentures

2. Employee benefits: Include ₹686.14 lakhs arising from retrospective application of new labour code relating to gratuity obligations

3. Subsidiary: Consolidated results include TGV Metals and Chemicals Private Limited (50% holding)

4. Investment: Company holds 22.31% in M V Salts & Chemicals Private Limited (not consolidated)

5. Figures prepared in accordance with Indian Accounting Standards (Ind AS)

Auditor Reports

  • Standalone: S.T. Mohite & Co. issued unmodified opinion on financial results
  • Consolidated: Unmodified opinion issued on consolidated financial results
  • Audit conducted in accordance with Standards on Auditing