Board Meeting Details

  • Meeting date: July 30, 2026
  • Start time: 4:00 PM
  • Conclude time: 4:45 PM
  • Location: Registered office of the company

Financial Results Approval

The Board of Directors approved the standalone unaudited financial results for the quarter ended June 30, 2026. The results include a Limited Review Report from statutory auditors M/s. Bhavin Associates - Chartered Accountants.

Financial Performance (Quarter Ended June 30, 2026)

Revenue and Income:

  • Revenue from operations: ₹941.06 lakh (compared to ₹902.40 lakh in Q1 previous year)
  • Other income: ₹7.63 lakh (compared to ₹14.76 lakh in Q1 previous year)
  • Total revenue (net): ₹948.69 lakh (compared to ₹917.16 lakh in Q1 previous year)

Expenses:

  • Cost of material consumed: ₹692.83 lakh
  • Change in inventories: (₹52.13) lakh (negative indicates decrease)
  • Employee benefits expense: ₹70.26 lakh
  • Finance costs: ₹0.00 lakh
  • Depreciation and amortization: ₹15.00 lakh
  • Other expenses: ₹111.14 lakh
  • Total expenses: ₹837.10 lakh

Profitability:

  • Profit before tax: ₹111.59 lakh (compared to ₹82.89 lakh in Q1 previous year)
  • Tax expense: ₹28.00 lakh
  • Net profit for the period: ₹83.59 lakh (compared to ₹61.89 lakh in Q1 previous year)
  • Basic and diluted EPS: ₹1.94 (compared to ₹1.43 in Q1 previous year)

Comparative Financial Data

Quarter Comparison (Q1 FY2027 vs Q4 FY2026):

  • Revenue decreased from ₹1,190.83 lakh to ₹948.69 lakh
  • Net profit decreased from ₹107.85 lakh to ₹83.59 lakh
  • EPS decreased from ₹2.50 to ₹1.94

Year-to-Date Comparison:

  • Full year FY2026 revenue: ₹4,083.20 lakh
  • Full year FY2026 net profit: ₹321.02 lakh

Balance Sheet Position (as at June 30, 2026)

Assets:

  • Non-current assets: ₹1,168.51 lakh (Property, plant and equipment: ₹641.51 lakh, Investments: ₹501.25 lakh, Loans: ₹25.85 lakh)
  • Current assets: ₹2,831.30 lakh (Inventories: ₹774.22 lakh, Trade receivables: ₹1,197.33 lakh, Cash and cash equivalents: ₹806.67 lakh, Loan current: ₹53.08 lakh)
  • Total assets: ₹3,999.91 lakh

Equity and Liabilities:

  • Equity share capital: ₹431.90 lakh (4,319,000 shares of face value ₹10 each)
  • Other equity (reserve): ₹3,253.37 lakh
  • Total equity: ₹3,685.27 lakh
  • Deferred tax liability: ₹44.77 lakh
  • Current liabilities: ₹269.87 lakh (Trade payables current: ₹203.47 lakh, Other current liabilities: ₹12.84 lakh, Provisions current: ₹53.56 lakh)
  • Total equity and liabilities: ₹3,999.91 lakh

Additional Board Agenda Items

  • Noting of Secretarial Audit Report (MR-3) issued by Mr. Chetan D. Shah - Company Secretaries in practice for financial year ended March 31, 2026

Audit and Review

  • Financial results reviewed by Audit Committee and approved by Board of Directors
  • Limited review conducted by Bhavin Associates - Chartered Accountants
  • Preparation in accordance with Indian Accounting Standards (Ind-AS)