Board Meeting Details
The Board of Directors meeting was held on Saturday, May 23, 2026, commencing at 05:15 PM IST and concluding at 05:45 PM IST.
Key Decisions Approved
1. Audited Standalone and Consolidated Financial Results for the half year and financial year ended March 31, 2026
2. Appointment of M/s. M.P. Singh and Co., Chartered Accountants as Internal Auditor for FY 2026-27
Internal Auditor Appointment Details
- Firm: M/s. M.P. Singh & Co., Chartered Accountants
- Effective Date: 23rd May, 2026
- Term: FY 2026-27
- Scope: Conduct internal audit of company and issue reports to management on time-to-time basis
- Profile: Sole proprietorship firm based in Chennai, engaged in audit, assurance, taxation, advisory, and compliance services
- Relationships: No relationships between directors (not applicable)
Audit Opinion
Statutory Auditors M/s. PSDY & Associates, Chartered Accountants (FRN: 010625S) issued unmodified opinions on both:
- Standalone Financial Results for year ended March 31, 2026
- Consolidated Financial Results for year ended March 31, 2026
Standalone Financial Results (Amount in Lakhs)
Income Statement Highlights
For Year Ended March 31, 2026:
- Total Revenue: ₹5,275.10
- Total Expenses: ₹4,589.21
- Profit Before Tax: ₹685.89
- Total Tax Expenses: ₹72.54
- Profit for the Year: ₹613.35
- EPS (Basic & Diluted): ₹3.15
For Half Year Ended March 31, 2026:
- Total Revenue: ₹2,546.15
- Total Expenses: ₹2,320.25
- Profit Before Tax: ₹225.90
- Total Tax Expenses: ₹16.42
- Profit for the Period: ₹209.48
- EPS (Basic & Diluted): ₹1.08
Balance Sheet Position (as at March 31, 2026)
- Paid-up Equity Share Capital: ₹1,946.80
- Reserves & Surplus: ₹6,831.47
- Total Equity: ₹8,778.27
- Total Liabilities: ₹12,120.99
- Total Assets: ₹12,120.99
- Property, Plant & Equipment: ₹4,400.70 (including CWIP ₹1,515.08)
- Current Investments: ₹2,699.99
- Inventories: ₹2,163.14
- Trade Receivables: ₹1,584.84
- Cash & Cash Equivalents: ₹6.20
Cash Flow Statement (FY2026)
- Cash from Operating Activities: ₹1,061.76
- Cash used in Investing Activities: ₹-1,267.14
- Cash used in Financing Activities: ₹-196.65
- Net decrease in cash: ₹-196.65
- Opening cash balance: ₹202.84
- Closing cash balance: ₹6.20
Consolidated Financial Results (Amount in Lakhs)
Income Statement Highlights
For Year Ended March 31, 2026:
- Total Revenue: ₹15,389.94
- Total Expenses: ₹14,309.48
- Profit Before Tax: ₹1,080.46
- Total Tax Expenses: ₹276.17
- Profit for the Year: ₹804.29
- EPS (Basic & Diluted): ₹4.13
For Half Year Ended March 31, 2026:
- Total Revenue: ₹7,743.14
- Total Expenses: ₹7,391.63
- Profit Before Tax: ₹351.51
- Total Tax Expenses: ₹97.57
- Profit for the Period: ₹253.93
- EPS (Basic & Diluted): ₹1.30
Consolidated Entities
The consolidated results include:
1. Swasthik Industriees (Partnership Firm)
2. Swasthik Preforms Private Limited
3. Swasthik Polimers (Partnership Firm)
Balance Sheet Position (as at March 31, 2026)
- Paid-up Equity Share Capital: ₹1,946.80
- Reserves & Surplus: ₹7,398.16
- Minority Interest: ₹8.35
- Total Equity: ₹9,344.96
- Total Liabilities: ₹22,115.42
- Total Assets: ₹22,115.42
- Property, Plant & Equipment: ₹8,168.96 (including CWIP ₹3,022.1 and Goodwill ₹125.80)
- Inventories: ₹8,039.61
- Trade Receivables: ₹4,889.45
- Cash & Cash Equivalents: ₹10.02
Cash Flow Statement (FY2026)
- Cash from Operating Activities: ₹3,352.00
- Cash used in Investing Activities: ₹-3,219.47
- Cash used in Financing Activities: ₹-355.46
- Net decrease in cash: ₹-222.93
- Opening cash balance: ₹232.95
- Closing cash balance: ₹10.02
Additional Information
- Business Segment: Single segment - Manufacturing of Caps, Preforms and Polymers
- Investor Complaints: No complaints received/pending as on March 31, 2026
- Previous Figures: Previous year/period figures have been regrouped/reclassified/restated where necessary
- Regulatory Reference: SEBI Circular HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 dated January 30, 2026