Board Meeting Details
The Board Meeting was held on Monday, July 27, 2026, at the registered office through hybrid mode. The meeting commenced at 04:00 PM and concluded at 04:45 PM.
Business Transacted
1. Approved the Unaudited Standalone Financial Results for the quarter ended June 30, 2026, pursuant to Regulation 33 of Listing Regulations
2. Took note of Related Party Transactions for the quarter ended June 30, 2026
3. Took on record the Internal Audit Report for the quarter ended June 30, 2026, received from M/s Shah Patni & Co., Chartered Accountants
Financial Results Overview
Quarter Ended June 30, 2026 (Unaudited Standalone):
- Total Revenue from Operations: ₹56.39 crore
- Total Expenses: ₹57.82 crore
- Cost of Materials Consumed: ₹33.57 crore
- Employee Benefits Expenses: ₹6.75 crore
- Finance Cost: ₹0.27 crore
- Depreciation & Amortization Expenses: ₹0.76 crore
- Other Expenses: ₹9.78 crore
- Loss Before Tax: ₹(1.67) crore
- Total Tax Expenses: ₹(0.06) crore (Deferred Tax)
- Net Loss for the Period: ₹(1.61) crore
- Basic Earnings Per Share: ₹(1.30) (not annualized)
Comparative Figures (Quarter Ended June 30, 2025)
- Total Revenue from Operations: ₹63.77 crore
- Net Loss for the Period: ₹(1.55) crore
- Basic Earnings Per Share: ₹(1.25)
Financial Position as of June 30, 2026
Assets:
- Total Assets: ₹182.77 crore
- Non-Current Assets: ₹108.17 crore
- Property, Plant & Equipment: ₹71.67 crore
- Right-of-use assets: ₹6.34 crore
- Capital Work-in-Progress: ₹21.73 crore
- Current Assets: ₹74.60 crore
- Inventories: ₹19.81 crore
- Trade Receivables: ₹47.36 crore
- Cash & Cash Equivalents: ₹0.03 crore
Liabilities and Equity:
- Total Equity: ₹70.33 crore
- Equity Share Capital: ₹12.43 crore
- Other Equity: ₹57.90 crore
- Total Non-Current Liabilities: ₹50.51 crore
- Borrowings: ₹43.22 crore
- Total Current Liabilities: ₹61.93 crore
- Borrowings: ₹35.12 crore
- Trade Payables: ₹15.76 crore
- Dues to Micro and Small Enterprises: ₹6.43 crore
- Dues to other than Micro and Small Enterprises: ₹9.33 crore
Additional Notes
- The company is engaged in Manufacturing & Sale of CI Castings, which constitutes a single business segment
- The Labour Codes have been implemented with effect from June 1, 2026, with no material impact on the financial statements
- No investor complaints were received/pending as of June 30, 2026
- Previous year's figures have been regrouped/reclassified/restated where necessary