Summary of Key Information:

Reporting Period: Quarter and Year Ended 31 March 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Audited Financial Results and Dividend Recommendation

Audit Opinion:

Modified Opinion (Qualified Opinion) issued by M/s. Kalyaniwalla & Mistry LLP

Key Financial Highlights [Amount in INR Million]:

Standalone Results:

Quarter Ended 31-Mar-26:

  • Revenue from Operations: ₹1,176.92
  • Total Income: ₹1,240.29
  • Net Profit: ₹60.08
  • EPS: ₹23.41 (Basic and Diluted)

Year Ended 31-Mar-26 vs 31-Mar-25:

  • Revenue from Operations: ₹5,486.55 (vs ₹5,544.05 in FY25) - Decreased 1.04%
  • Total Income: ₹5,716.22 (vs ₹5,730.15 in FY25) - Decreased 0.24%
  • Net Profit: ₹353.02 (vs ₹256.08 in FY25) - Increased 37.87%
  • EPS: ₹137.57 (vs ₹99.80 in FY25) - Increased 37.85%
  • Other Equity: ₹3,394.42 (vs ₹3,087.46 in FY25) - Increased 9.94%
  • Cash and Cash Equivalents: ₹273.02 (vs ₹153.48 in FY25) - Increased 77.89%
  • Total Debt: Not specifically disclosed but borrowings visible in balance sheet

Consolidated Results:

Not Specified (Company does not have any subsidiary, associate or joint venture as at 31 March 2026)

Segment-wise Performance:

The Company operates in a single reportable segment - "Prepared Foods" (manufacture and sale of Prepared Foods).

Corporate Actions:

  • Final Dividend: Recommended payment of ₹10 per equity share (100% payout) on 25,66,000 equity shares (Face Value ₹10 each)
  • Dividend subject to approval of shareholders at the ensuing Annual General Meeting
  • No share split, bonus issue, buyback, or capital structure changes announced

Other Significant Information:

  • Company recognizes an exceptional item of ₹4.53 million for incremental provision towards Gratuity due to implementation of new Labour Codes effective from 21 November 2025
  • Government of India notified rules to New Labour Codes on 08 May 2026, but state rules are yet to be notified
  • Company plans to re-initiate process to obtain shareholder approval for ratification of related party transactions
  • No change in accounting policy affecting comparability disclosed
  • No forward-looking guidance or management outlook provided

Assets and Liabilities Position as at 31 March 2026:

  • Total Assets: ₹4,751.16 million
  • Total Equity: ₹3,420.08 million
  • Non-current assets: ₹2,325.83 million
  • Current assets: ₹2,425.33 million (including inventories ₹1,076.81 million, trade receivables ₹711.50 million, cash ₹273.02 million)
  • Non-current liabilities: ₹387.82 million
  • Current liabilities: ₹943.26 million

Cash Flow Statement for Year Ended 31 March 2026:

  • Net cash from operating activities: ₹590.00 million
  • Net cash used in investing activities: ₹(63.41) million
  • Net cash used in financing activities: ₹(407.05) million
  • Net increase in cash and cash equivalents: ₹119.54 million

Statement on Impact of Audit Qualifications:

Management stated that the audit qualifications do not impact the reported financial figures:

  • Turnover/Total income: ₹5,716.22 million (both adjusted and as reported)
  • Total Expenditure: ₹5,236.20 million (both adjusted and as reported)
  • Net Profit: ₹353.02 million (both adjusted and as reported)
  • EPS: ₹137.57 (both adjusted and as reported)
  • Total Assets: ₹4,751.16 million (both adjusted and as reported)
  • Total Liabilities: ₹1,331.08 million (both adjusted and as reported)
  • Net Worth: ₹3,420.08 million (both adjusted and as reported)

Management was unable to estimate the impact of the audit qualification, stating "Not assessable at this point of time."