Company Disclosure
Financial Results Summary
Income Statement (Year Ended March 31, 2026)
- Revenue from Operations: ₹14,086.87 lakhs (Previous year: ₹10,130.52 lakhs)
- Other Income: ₹59.24 lakhs (Previous year: ₹79.46 lakhs)
- Total Income: ₹14,146.11 lakhs (Previous year: ₹10,209.98 lakhs)
- Total Expenses: ₹12,533.62 lakhs (Previous year: ₹9,117.23 lakhs)
- Material Consumed: ₹6,742.33 lakhs
- Employee Benefits Expense: ₹1,077.87 lakhs
- Finance Costs: ₹37.29 lakhs
- Depreciation & Amortisation: ₹55.51 lakhs
- Other Expenses: ₹462.62 lakhs
- Profit before Tax: ₹1,612.49 lakhs (Previous year: ₹1,002.75 lakhs)
- Tax Expense: ₹401.60 lakhs
- Current tax: ₹404.06 lakhs
- Previous Year Provision: ₹1.01 lakhs
- Deferred Tax: (₹4.47) lakhs
- Net Profit for the year: ₹1,203.71 lakhs (Previous year: ₹815.48 lakhs)
- Earnings per Share (Face Value ₹10): Basic ₹9.54, Diluted ₹9.54 (Previous year: Basic ₹6.48, Diluted ₹6.48)
Half Year Results (Ended March 31, 2026)
- Revenue from Operations: ₹7,258.29 lakhs
- Other Income: ₹40.55 lakhs
- Total Income: ₹7,298.85 lakhs
- Total Expenses: ₹6,537.91 lakhs
- Profit before Tax: ₹760.93 lakhs
- Tax Expense: ₹188.27 lakhs
- Net Profit: ₹565.48 lakhs
- Earnings per Share: Basic ₹4.48, Diluted ₹4.48
Balance Sheet Position (As at March 31, 2026)
Assets
- Total Assets: ₹3,399.13 lakhs (Previous year: ₹2,637.27 lakhs)
- Non-Current Assets: ₹1,322.39 lakhs
- Property, Plant & Equipment: ₹1,156.39 lakhs
- Intangible Assets: ₹2.17 lakhs
- Capital Work-in-Progress: ₹0.10 lakhs
- Other Non-Current Assets: ₹124.22 lakhs
- Deferred Tax Assets: ₹39.51 lakhs
- Current Assets: ₹2,477.15 lakhs
- Inventories: ₹60.64 lakhs
- Trade Receivables: ₹276.68 lakhs
- Cash and Cash Equivalents: ₹686.94 lakhs
- Short-Term Loans and Advances: ₹71.92 lakhs
- Other Current Assets: ₹692.11 lakhs
Liabilities and Equity
- Shareholders' Funds: ₹1,610.84 lakhs
- Share Capital: ₹126.24 lakhs
- Reserves and Surplus: ₹1,484.60 lakhs
- Non-Current Liabilities: ₹983.24 lakhs
- Long-Term Borrowings: ₹334.19 lakhs
- Other Non-Current Liabilities: ₹18.79 lakhs
- Long-Term Provisions: ₹198.00 lakhs
- Current Liabilities: ₹804.05 lakhs
- Short-Term Borrowings: ₹51.13 lakhs
- Trade Payables: ₹380.40 lakhs
- Other Current Liabilities: ₹247.71 lakhs
- Short-Term Provisions: ₹124.81 lakhs
Cash Flow Statement (Year Ended March 31, 2026)
- Cash from Operating Activities: ₹141.78 lakhs
- Operating profit before working capital changes: ₹1,648.60 lakhs
- Net tax paid: (₹402.06) lakhs
- Cash from Investing Activities: (₹201.95) lakhs
- Purchase of Property, Plant & Equipment: (₹250.45) lakhs
- Interest income: ₹48.50 lakhs
- Cash from Financing Activities: (₹94.92) lakhs
- Repayment of Long-Term Borrowings: (₹15.08) lakhs
- Interest expense: (₹37.29) lakhs
- Repayment of Short-Term Borrowings: (₹42.55) lakhs
- Net decrease in cash: (₹155.09) lakhs
- Opening cash balance: ₹842.03 lakhs
- Closing cash balance: ₹686.94 lakhs
Significant Events and Notes
1. IPO Completion: The company successfully completed its Initial Public Offer on 27 May 2026, issuing 39,87,200 fresh equity shares of face value ₹10 each at a premium of ₹67 per share (aggregating ₹30,70,14,400) and offer for sale of 9,96,800 equity shares at same premium (aggregating ₹7,67,53,600).
2. Labour Code Impact: The company has assessed incremental impact of newly notified Labour Codes on gratuity provisions due to change in 'Wages' definition, with appropriate accounting effect to be provided as rules are finalized.
3. Financial Results Basis: The audited financial results for half year ended March 31, 2026 represent balancing figures between audited full year results and unaudited half year ended September 30, 2025.
4. IPO Proceeds Utilization: ₹30,70.14 lakhs from fresh equity issue are in process of utilization towards capital requirements as stated in IPO objects.
Auditor's Opinion
Raj Gupta & Co., Chartered Accountants (FRN: 000203N) issued unmodified audit opinion stating the financial results:
- Are presented in accordance with Regulation 33 of SEBI LODR
- Give true and fair view in conformity with Indian Accounting Standards
- Include half year results as balancing figures between audited full year and unaudited previous half year