Board Meeting Details

The Board of Directors meeting was held on 27th May 2026, commencing at 11:45 AM and concluding at 1:58 PM.

Key Approvals

  • Audited Standalone and Consolidated financial results for the quarter and financial year ended 31st March 2026
  • Recommendation for final dividend of ₹37.80 per share (378%) on face value of ₹10 per share for FY 2025-26

Dividend Details

The final dividend will be paid within 30 days from the date of shareholders' approval at the Annual General Meeting.

Standalone Financial Results (FY 2025-26)

Income Statement Highlights (₹ crores)

  • Revenue from Operations: ₹3,389.66 (FY25: ₹3,022.90)
  • Other Income: ₹13.78 (FY25: ₹7.63)
  • Total Income: ₹3,403.44 (FY25: ₹3,030.53)
  • Profit before exceptional items and tax: ₹107.21 (FY25: ₹60.01)
  • Exceptional Items: (₹2.92) (FY25: ₹11.40)
  • Profit before tax: ₹110.13 (FY25: ₹48.61)
  • Net Profit after tax: ₹82.71 (FY25: ₹36.96) - 124% increase
  • Total Comprehensive Income: ₹40.29 (FY25: ₹125.21)
  • Basic & Diluted EPS: ₹108.02 (FY25: ₹48.28)

Quarterly Performance (Q4 FY26)

  • Revenue from Operations: ₹912.52 (Q4 FY25: ₹752.05)
  • Net Profit: ₹34.62 (Q4 FY25: ₹10.59)
  • Basic & Diluted EPS: ₹45.22 (Q4 FY25: ₹13.84)

Consolidated Financial Results (FY 2025-26)

Income Statement Highlights (₹ crores)

  • Revenue from Operations: ₹3,643.35 (FY25: ₹3,253.83)
  • Profit before exceptional items and tax: ₹101.28 (FY25: ₹47.91)
  • Exceptional Items: (₹1.99) (FY25: ₹11.40)
  • Profit before tax: ₹103.27 (FY25: ₹36.51)
  • Net Profit attributable to owners: ₹71.23 (FY25: ₹20.61)
  • Basic & Diluted EPS: ₹93.03 (FY25: ₹26.92)

Quarterly Performance (Q4 FY26)

  • Revenue from Operations: ₹980.94 (Q4 FY25: ₹818.38)
  • Net Profit attributable to owners: ₹36.09 (Q4 FY25: ₹9.59)
  • Basic & Diluted EPS: ₹47.13 (Q4 FY25: ₹12.52)

Exceptional Items Details

Standalone (₹ crores)

a) Investment Promotion Capital Subsidy Grant: ₹18.81 crores recognized as income attributable to completed useful life of eligible assets up to March 31, 2025

b) Voluntary Retirement Scheme: ₹0.25 crores spent in Q4 FY26 and ₹5.36 crores for full year FY26 (FY25: ₹5.30 crores)

c) Labour Code implementation: Incremental obligation of ₹10.61 crores recognized as past-service cost due to first-time application of Labour Codes effective from 21st November 2025

d) Provident Fund liability: ₹6.10 crores accounted for in FY25 for period April 2012 to July 2017

e) Green Industry Incentive Grant: ₹0.08 crores recognized for FY 2024-25

Consolidated Additional Item

f) Subsidiary severance expenses: Super Grip Corporation incurred ₹0.45 crores for employee separation

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

  • Total Assets: ₹2,972.70 crores (March 2025: ₹2,889.87 crores)
  • Equity Share Capital: ₹7.66 crores
  • Other Equity: ₹1,222.64 crores (March 2025: ₹1,195.27 crores)
  • Total Equity: ₹1,230.30 crores (March 2025: ₹1,202.93 crores)

Cash Flow Statement (Standalone FY26)

  • Cash from Operating Activities: ₹281.30 crores (FY25: ₹205.01 crores)
  • Cash used in Investing Activities: ₹115.83 crores (FY25: ₹115.28 crores)
  • Cash used in Financing Activities: ₹164.53 crores (FY25: ₹90.65 crores)
  • Net increase in cash: ₹0.94 crores (FY25: decrease of ₹0.92 crores)
  • Closing cash balance: ₹11.78 crores (FY25: ₹10.84 crores)

Business Segment

The company's business activity falls within a single reportable segment: Automotive Tyres, Tubes and Flaps.

Accounting Standards

Financial results prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of Companies Act, 2013.

Previous Year Figures

Previous year figures have been regrouped/rearranged to conform to current period classification.