Board Meeting Outcomes

The Board of Directors meeting held on May 28, 2026 (3:00 PM to 4:00 PM) approved:

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

2. Recommended interim dividend of ₹20 per equity share (face value ₹10) for FY 2025-26

Dividend Details

  • Record date for dividend entitlement: June 4, 2026
  • Dividend payment date: On or before June 27, 2026 (within 30 days from declaration)

Financial Results Highlights

Consolidated Financials (₹ in Lakhs)

| Particulars | Q4 FY26 | Q4 FY25 | FY26 | FY25 |

| Revenue from Operations | 70,228.19 | 66,242.93 | 2,75,898.05 | 2,59,558.39 |

| Total Income | 73,112.29 | 69,053.47 | 2,86,084.37 | 2,69,608.63 |

| Net Profit | 6,641.74 | 5,382.86 | 29,308.37 | 26,295.68 |

| Basic EPS (₹) | 29.09 | 23.46 | 125.84 | 112.32 |

| Total Comprehensive Income | 6,735.94 | 5,350.57 | 30,052.09 | 26,365.52 |

Standalone Financials (₹ in Lakhs)

| Particulars | Q4 FY26 | Q4 FY25 | FY26 | FY25 |

| Revenue from Operations | 56,823.13 | 49,954.50 | 2,03,023.01 | 2,09,124.26 |

| Total Income | 58,761.93 | 52,390.65 | 2,12,944.62 | 2,16,634.85 |

| Net Profit | 6,627.29 | 5,335.95 | 24,495.87 | 24,436.67 |

| Basic EPS (₹) | 29.21 | 23.54 | 108.04 | 107.13 |

| Total Comprehensive Income | 6,629.34 | 5,327.74 | 24,368.06 | 24,403.86 |

Segment-wise Performance (Consolidated FY26)

  • Drum Closures Division: Revenue ₹63,625.91 Lakhs, Segment Result ₹23,328.76 Lakhs
  • Scaffoldings Division: Revenue ₹1,34,253.30 Lakhs, Segment Result ₹18,751.91 Lakhs
  • Yarn Division: Revenue ₹36,156.23 Lakhs, Segment Result ₹835.13 Lakhs
  • Fabric Division: Revenue ₹19,353.12 Lakhs, Segment Result (₹1,629.06 Lakhs)
  • Engineering & Design: Revenue ₹27,953.85 Lakhs, Segment Result ₹3,415.21 Lakhs

Balance Sheet Position (Consolidated as at March 31, 2026)

  • Total Assets: ₹3,24,933.48 Lakhs (Previous year: ₹2,99,580.98 Lakhs)
  • Total Equity: ₹2,06,633.92 Lakhs (Previous year: ₹1,81,353.49 Lakhs)
  • Total Liabilities: ₹1,18,299.56 Lakhs (Previous year: ₹1,18,227.49 Lakhs)
  • Paid-up Equity Capital: ₹2,267.28 Lakhs (unchanged)

Cash Flow Statements

Consolidated FY26 Cash Flows (₹ in Lakhs)
  • Operating Activities: Net inflow ₹24,348.08
  • Investing Activities: Net outflow ₹11,642.33
  • Financing Activities: Net outflow ₹13,067.52
Standalone FY26 Cash Flows (₹ in Lakhs)
  • Operating Activities: Net inflow ₹16,231.96
  • Investing Activities: Net inflow ₹2,825.44
  • Financing Activities: Net outflow ₹20,063.14

Audit Opinion

M. L. Sharma & Co., Chartered Accountants issued unmodified audit opinions on both standalone and consolidated financial results with no qualifications. The audit report highlights reliance on other auditors for certain material subsidiaries.

Other Matters

  • The company accounted for incremental liability due to new Labour Codes effective from November 21, 2025, which was not material to financial results
  • Previous period figures have been regrouped and reclassified for comparability
  • Assets classified as held for sale include plant & equipment to be recovered through sales transactions