Nature of the Disclosure

VTM Limited submitted audited financial results for the quarter and year ended March 31, 2026 to the Bombay Stock Exchange, prepared in accordance with SEBI Circular No.CIR/CFD/FAC/62/2016 dated July 6, 2016 and Indian Accounting Standards (Ind AS).

Key Financial Figures

Income Statement (in INR Lakhs)

Quarter Ended March 31, 2026:

  • Net Sales/Income from operations: ₹11,016.68
  • Other Income (Net): ₹26.55
  • Total Income: ₹11,043.23
  • Profit before exceptional items and tax: ₹409.81
  • Exceptional items: (₹277.13)
  • Profit before tax: ₹132.68
  • Total Tax Expenses: ₹43.03
  • Net profit for the period: ₹89.65
  • Earnings per share (Basic & Diluted): ₹0.09

Year Ended March 31, 2026:

  • Net Sales/Income from operations: ₹37,198.13
  • Other Income (Net): ₹340.83
  • Total Income: ₹37,538.96
  • Profit before exceptional items and tax: ₹1,798.71
  • Exceptional items: (₹302.32)
  • Profit before tax: ₹1,496.39
  • Total Tax Expenses: ₹376.51
  • Net profit for the period: ₹1,119.88
  • Earnings per share (Basic & Diluted): ₹1.11

Comparative Figures (Year Ended March 31, 2025):

  • Net Sales/Income from operations: ₹34,452.68
  • Other Income (Net): ₹482.51
  • Total Income: ₹34,935.19
  • Profit before tax: ₹6,051.55
  • Net profit for the period: ₹4,537.41
  • Earnings per share (Basic & Diluted): ₹4.51

Balance Sheet Highlights (as of March 31, 2026)

  • Paid-up equity share capital: ₹1,005.69 lakhs (Face value: ₹1.00 per share)
  • Reserves (excluding Revaluation Reserve): ₹30,493.39 lakhs
  • Total Assets: ₹44,808.75 lakhs
  • Total Equity: ₹31,499.08 lakhs
  • Total Liabilities: ₹13,309.67 lakhs

Dates of Action

  • Board meeting date: May 22, 2026 (commenced at 4:30 PM, concluded at 6:40 PM)
  • Financial period: Quarter and year ended March 31, 2026
  • Audit report date: May 22, 2026
  • AGM scheduled: July 31, 2026
  • Share transfer book closure: July 26, 2026 to July 31, 2026

Parties Involved

  • Stock Exchange: Bombay Stock Exchange Limited (BSE)
  • Statutory Auditors: CNGSN & Associates LLP (Firm Registration No.004915S/S200036)
  • Key Personnel: K. Thiagarajan (Chairman and Managing Director), K. Preyatharshine (Company Secretary), P. Senthil Kumar (Chief Financial Officer), M. Anbukani (Audit Committee Chairman), E.K. Srivatsan (Audit Partner)

Exceptional Items Disclosure

Exceptional items totaling ₹302.32 lakhs for the year include:

  • Incremental provision for gratuity in accordance with new labour codes: ₹47.76 lakhs for the quarters ended December 2025 and March 2026
  • Additional discounts aggregating to ₹1,997.40 lakhs given to customers in USA to mitigate US tariff burden, broken down as:
  • September 30, 2025: ₹391.76 lakhs
  • December 31, 2025: ₹1,370.40 lakhs
  • March 31, 2026: ₹235.24 lakhs

Capital Structure Impact

The company underwent a share capital increase from ₹402.28 lakhs as of March 31, 2025 to ₹1,005.69 lakhs as of March 31, 2026, resulting from bonus shares issued during the quarter ended June 30, 2025.

Dividend Declaration

The Board did not recommend any dividend for the financial year 2025-2026.

Additional Business Updates

  • The company does not have any subsidiaries
  • The company is in the process of listing its equity shares on the National Stock Exchange of India Limited (NSE), with board approval obtained on January 14, 2026
  • Textile industry is seasonal in nature, and quarterly results cannot be taken as an indicator of the full year's working results

Audit Opinion

The Statutory Auditors, CNGSN & Associates LLP, expressed an unmodified and unqualified opinion on the audited financial results.