Key Event Details
- AGM Date: Wednesday, 23rd September, 2026 at 02:30 PM (IST)
- AGM Venue: Registered Office at No. A75 - A76, Pipdic Electronic Park, Thirubuvanai, Mannadipet Commune, Puducherry, Pondicherry, India, 605107
- Record Date: 16th September, 2026 for determining members entitled to vote
- Remote e-voting period: 20th September, 2026 (09:00 AM) to 22nd September, 2026 (05:00 PM)
Financial Performance Highlights (Standalone)
- Income from operations: ₹50.34 crore (FY26) vs ₹47.57 crore (FY25)
- Other Income: ₹2.41 crore (FY26) vs ₹1.54 crore (FY25)
- Total revenue: ₹52.75 crore (FY26) vs ₹49.12 crore (FY25)
- Total expenses: ₹45.89 crore (FY26) vs ₹43.09 crore (FY25)
- Profit before tax: ₹6.86 crore (FY26) vs ₹6.02 crore (FY25)
- Current tax: ₹0.80 crore (FY26) vs ₹0.76 crore (FY25)
- Deferred tax charge: ₹0.43 crore (FY26) vs ₹0.75 crore (FY25)
- Profit after tax: ₹6.13 crore (FY26) vs ₹5.22 crore (FY25)
Financial Performance Highlights (Consolidated)
- Income from operations: ₹153.39 crore (FY26) vs ₹143.60 crore (FY25)
- Other Income: ₹0.51 crore (FY26) vs ₹0.20 crore (FY25)
- Total revenue: ₹153.90 crore (FY26) vs ₹143.80 crore (FY25)
- Total expenses: ₹143.09 crore (FY26) vs ₹134.61 crore (FY25)
- Profit before tax: ₹10.80 crore (FY26) vs ₹9.19 crore (FY25)
- Current tax: ₹2.65 crore (FY26) vs ₹2.18 crore (FY25)
- Deferred tax charge: ₹0.62 crore (FY26) vs ₹0.76 crore (FY25)
- MAT credit: ₹0.51 crore (FY26) vs ₹0.41 crore (FY25)
- Profit after tax: ₹8.04 crore (FY26) vs ₹6.96 crore (FY25)
Dividend Declaration
No dividend recommended for the financial year 2025-26.
Board and Committee Meetings
- Board meetings conducted: 6 during FY 2025-26
- Audit Committee meetings: 6 during FY 2025-26
- Nomination and Remuneration Committee meetings: 1 during FY 2025-26
- Stakeholders Relationship Committee meetings: 1 during FY 2025-26
- Independent Directors meeting: 1 during FY 2025-26
Share Capital
- Authorized capital: ₹20.00 crore (200 lakh equity shares of ₹10 each)
- Issued, subscribed and paid-up capital: ₹19.47 crore (194,67,995 equity shares of ₹10 each)
- No change in share capital during the year under review
Reserves and Surplus
- Standalone: ₹68.31 crore as at 31st March, 2026
- Consolidated: ₹73.98 crore as at 31st March, 2026
Business Operations
The company is engaged in manufacturing of plastic products including PET bottles, preforms, and trading of plastic raw materials. Product-wise contribution to turnover:
- Pharma Pet Bottles: 25.60%
- Liquor Pet Bottles: 28.49%
- Other Corporate Pet Products: 17.87%
- Preforms Bottles: 26.43%
- Trading Products: 1.61%
Related Party Transactions for Shareholder Approval
The notice contains 7 resolutions, including 5 special business items for approval of related party transactions for FY 2026-27:
1. With Swashthik Preforms Private Limited
- Maximum amount: ₹60 crore
- Nature: Purchase/sale of raw materials and finished goods
- Past transactions: FY25-26: ₹2.83 lakh, FY24-25: ₹0.21 lakh, FY23-24: ₹8.66 lakh
- Percentage of consolidated turnover: 39.12%
2. With Swashthik Industries
- Maximum amount: ₹60 crore
- Nature: Purchase/sale of raw materials and finished goods
- Past transactions: FY25-26: ₹1.18 lakh, FY24-25: ₹1.41 lakh, FY23-24: ₹9.91 lakh
- Percentage of consolidated turnover: 39.11%
3. With Swashthik Pet Packaging
- Maximum amounts:
- Rent & freight: ₹10 crore
- Purchase of raw materials: ₹5 crore
- Sale of finished goods: ₹30 crore
- Past transactions: FY25-26: ₹10.26 lakh, FY24-25: ₹12.39 lakh
- Percentage of consolidated turnover: 29.34%
4. With Paalaghad Pet Bottle
- Maximum amount: ₹20 crore
- Nature: Sale of finished goods
- Past transactions: FY25-26: ₹2.08 lakh, FY24-25: ₹2.67 lakh
- Percentage of consolidated turnover: 19.56%
5. With Swashthik Poliemers
- Maximum amounts:
- Purchase/sale of raw materials/finished goods: ₹50 crore
- Lease rent: ₹2.16 crore
- Past transactions: FY25-26: ₹8.87 lakh, FY24-25: ₹0.11 lakh
- Percentage of consolidated turnover: 27.48%
Corporate Governance
- The company is exempt from certain corporate governance requirements as it is listed on BSE SME Platform
- Has adopted various policies including Whistle Blower Policy, Code of Conduct, Related Party Transaction Policy, etc.
- CSR expenditure of ₹11.10 lakh during FY25-26
Auditors
- Statutory Auditors: M/s PSDY & Associates, Chartered Accountants (appointed for 5 years from FY 2023-24 to 2027-28)
- Internal Auditor: M/s M.P. Singh & Co., Chartered Accountants (appointed w.e.f. 29th August, 2025)
- Secretarial Auditor: M/s Dilip Swarnkar & Associates, Company Secretaries (appointed for 5 years from FY 2025-26 to 2029-30)
Key Managerial Personnel
- Mr. Mahendrakumar Gautam (Managing Director)
- Mr. Nagarajan Surya Kumar (Chief Financial Officer, appointed w.e.f. 24th May, 2025)
- Ms. Priyanka Patni (Company Secretary & Compliance Officer)
Board of Directors
- Mr. Parasmal Mahendra Kumar (Chairman cum Non-Executive Director)
- Mr. Parasmal Ravindra Kumar (Non-Executive Director, retiring by rotation)
- Mrs. Mahendrakumar Nirmala (Non-Executive Director)
- Mr. Sheetal Shah (Non-Executive Independent Director)
- Mr. Mohanraj Perumal (Non-Executive Independent Director)
Subsidiary Company
- Swashthik Preforms Private Limited (100% subsidiary)
- Share capital: ₹4.50 crore
- Reserves & surplus: ₹7.59 crore
- Total assets: ₹50.12 crore
- Turnover: ₹41.32 crore
- Profit after tax: ₹1.88 crore
Registrar and Share Transfer Agent
Cameo Corporate Services Limited, Subramanian Building, No. 1 Club House Road, Chennai 600002
Bankers
- YES Bank Limited
- Indian Overseas Bank