Key Financial Figures (₹ in Lakhs)
- Revenue from operations: 11,208.78 (FY25: 13,038.04) - Decrease of 14.12%
- Operating Profit (PBOIDT): 361.64 (FY25: 400.90) - Decrease of 9.79%
- Finance Cost: 111.97 (FY25: 135.37) - Decrease of 17.29%
- Depreciation: 253.79 (FY25: 260.39) - Decrease of 2.53%
- Profit before Tax: 38.61 (FY25: 51.09) - Decrease of 24.43%
- Profit after Tax: 48.40 (FY25: 60.62) - Decrease of 20.16%
- Total Comprehensive Income: 54.97 (FY25: 76.19)
- EPS (Basic & Diluted): ₹0.63 (FY25: ₹0.79)
- Balance carried forward to Balance Sheet: 1,531.02 (FY25: 1,476.05)
Operational Highlights
- Texturising production: 5,137 MT (12.1% decrease from FY25)
- Twisting production: 2,474 MT (4.07% increase from FY25)
- Dyeing production: 4,378 MT (7.18% decrease from FY25)
- Job work quantity: 1,694 MT (12.14% increase from FY25)
- Staff cost: ₹1,374.64 lakh (6.04% increase from FY25)
- Power cost: ₹1,293.38 lakh (3.20% decrease from FY25)
Capital Expenditure
During FY25-26, the company procured machinery and ancillaries worth ₹113.49 lakh including Capital WIP from internal accruals:
- Plant & Machinery: ₹35.63 lakh
- Electrical Installation: ₹3.32 lakh
- Utility Equipment: ₹22.06 lakh
- Factory Building: ₹11.45 lakh
- Office: ₹4.05 lakh
- Furniture: ₹1.32 lakh
- Computers: ₹1.49 lakh
- Capital Work in Progress - Plant & Machinery: ₹34.17 lakh
Dividend
No dividend declared for financial year 2025-26 (same as FY24-25).
Share Capital
- Paid-up Equity Share Capital: ₹766.08 lakh
- No change in share capital during the year
- Promoter and Promoter Group holding: 51,89,834 shares (67.75% of total)
Unclaimed Dividend Transfer
- Unclaimed Dividend of ₹1,01,653 for FY17-18 transferred to Investor Education and Protection Fund
- Last date for claiming unpaid dividend for FY18-19: 4th November, 2026
Annual General Meeting Details
- Date: Saturday, 19th September, 2026
- Time: 11.30 a.m. (IST)
- Mode: Video Conference/Other Audio Visual Means
- Cut-off date: Friday, 11th September, 2026
AGM Agenda
Ordinary Business:
1. To adopt Audited Annual Financial Statements for FY ended 31st March, 2026 and Reports of Board of Directors and Auditors
2. To appoint Director in place of Mr. Ankit Mutreja (DIN: 07022852) who retires by rotation
Special Business:
3. To ratify remuneration of Cost Auditors for FY ending 31st March, 2027 - ₹1,25,000 plus taxes and reimbursement of out-of-pocket expenses to M/s. ABK & Associates, Cost Accountants
Board of Directors
- Mr. Suresh Mutreja, Chairman & Managing Director
- Mr. Kunal Mutreja, Whole Time Director – CEO
- Mr. Varun Mutreja, Whole Time Director – CFO
- Mr. Ankit Mutreja, Whole Time Director
- Ms. Ratika Gupta, Independent Director
- Mr. Nischal Agrawal, Independent Director
- Mr. Amit Singh, Independent Director
- Mr. Dheeraj Suri, Independent Director
Key Managerial Personnel
- Mr. Suresh Mutreja, Chairman Managing Director
- Mr. Varun Mutreja, Whole Time Director CFO
- Mr. Kunal Mutreja, Whole Time Director CEO
- Mr. Ankit Mutreja, Whole Time Director
- Mrs. Neeti Alwani, Company Secretary and Compliance Officer
Auditor Appointments
- Statutory Auditors: M/s. Bastawala And Associates, Chartered Accountants (appointed until 44th AGM)
- Secretarial Auditors: M/s. P. C. Shah & Co., Practicing Company Secretaries (appointed until 46th AGM)
- Cost Auditors: M/s. ABK & Associates, Cost Accountants for FY26-27 (subject to ratification)
- Internal Auditors: M/s. Mehta Chokshi Shah LLP, Chartered Accountant
Corporate Governance
- Compliance with SEBI Listing Regulations confirmed
- Board held 6 meetings during the financial year
- Annual performance evaluation of Directors and Board Committees conducted
- Whistle Blower Policy and Vigil Mechanism in place
- No complaints of sexual harassment received during the year
Risk Management
Identified business risks include:
- Foreign Exchange Risk
- Yarn Price Risk
- Stiff Global Competition
- Government Policy on incentives for exports
- Risk elements in business transactions
- Success of Cotton Crop
Credit Rating
CRISIL Ratings affirmed:
- Long Term Rating: Crisil BB+/Stable
- Short Term Rating: Crisil A4+
Important Dates
- AGM: 19th September, 2026
- Register of Members closure: 12th September, 2026 to 19th September, 2026 (both days inclusive)
- Remote e-voting period: 16th September, 2026 (9:00 A.M.) to 18th September, 2026 (5:00 P.M.)
Manufacturing Units
- Vapi, Gujarat
- Silli, UT of Dadra & Nagar Haveli
Registrar & Share Transfer Agent
MUFG Intime India Pvt. Ltd., C–101, Embassy 247, L. B. S. Marg, Vikhroli (West), Mumbai: 400 083
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