Key Financial Figures (FY 2025-26)

  • Revenue from Operations: ₹269.39 crore (FY25: ₹322.90 crore)
  • Other Income: ₹4.31 crore (FY25: ₹3.00 crore)
  • Total Income: ₹273.70 crore (FY25: ₹325.90 crore)
  • Total Expenses: ₹258.09 crore (FY25: ₹309.44 crore)
  • Profit Before Tax: ₹15.61 crore (FY25: ₹14.82 crore)
  • Tax Expense: ₹3.08 crore (comprising Current Tax ₹3.17 crore, Deferred Tax ₹1.02 crore, and prior year adjustment of ₹1.11 crore)
  • Net Profit After Tax: ₹12.53 crore (FY25: ₹10.62 crore)
  • Earnings Per Share (Basic & Diluted): ₹7.94 (FY25: ₹14.17, restated for bonus issue)
  • No dividend recommended for FY26

Capital Structure Changes

  • Authorized Share Capital increased from ₹13.00 crore to ₹25.00 crore during FY26
  • Issued 75,00,000 equity shares as 1:1 bonus issue on September 6, 2025
  • Completed IPO issuing 80,79,600 equity shares of ₹10 each at ₹110 per share, aggregating ₹88.88 crore on February 23, 2026
  • Paid-up Share Capital increased from ₹7.50 crore to ₹23.08 crore during FY26

AGM Details

  • Date: September 29, 2026 at 3:00 PM IST
  • Mode: Video Conferencing/Other Audio Visual Means
  • Record Date: September 22, 2026
  • Remote e-voting period: September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)

AGM Agenda Items

Ordinary Business

1. Adoption of Audited Financial Statements for FY 2025-26

2. Re-appointment of Mr. Suraj Shivraj Barge (DIN: 03161804) as Managing Director liable to retire by rotation

Special Business

3. Appointment of M/s. H M Kadeval & Associates as Secretarial Auditor for 5 years (FY 2026-27 to 2030-31) at remuneration of ₹1,20,000 per annum plus taxes

4. Ratification of remuneration of ₹60,000 plus expenses for M/s. JNP & Associates as Cost Auditor for FY 2026-27

5. Special Resolution to create security/mortgage/charge on company assets up to ₹1,000 crore to secure borrowings

6. Special Resolution to enhance borrowing limits under Section 180(1)(c) from ₹100 crore to ₹1,000 crore

Board and Management Changes

  • Ms. Reshma Samir Pange appointed as Company Secretary & Compliance Officer from April 24, 2025, replacing Ms. Neha Mugal
  • Ms. Reshma Samir Pange resigned effective August 31, 2026
  • Mrs. Truptee Brijesh Didvaniya appointed as Independent Director for 5 years from April 19, 2025

Key Operational Highlights

  • Company engaged in soybean crude oil and de-oiled cake (DOC) manufacturing
  • Maintained cost records as specified under Section 148(1) of Companies Act, 2013
  • CSR expenditure of ₹12.18 lakh against requirement of ₹12.17 lakh for FY26
  • Employee strength: 92 (88 male, 4 female)
  • No fraud reported during the year under Section 143(12) of Companies Act, 2013

Liquidity and Borrowings

  • Current Ratio: 1.35 (FY25: 0.92)
  • Debt-Equity Ratio: 0.85 (FY25: 2.06)
  • Long-term Borrowings: ₹24.59 crore (FY25: ₹8.98 crore)
  • Short-term Borrowings: ₹71.45 crore (FY25: ₹31.44 crore)
  • Cash and Cash Equivalents: ₹6.03 crore (FY25: ₹2.92 crore)

Related Party Transactions

  • Granted unsecured loans aggregating ₹6.95 crore to related parties during FY26
  • Outstanding loan balance to related parties: ₹4.80 crore as of March 31, 2026
  • Transactions entered in ordinary course of business and at arm's length

Other Significant Disclosures

  • Company has adequate internal financial controls systems
  • Vigil Mechanism/Whistleblower Policy in place
  • POSH Policy implemented with no complaints during FY26
  • No material orders passed by regulators/courts impacting going concern status
  • No deposits accepted under Sections 73-76 of Companies Act, 2013