Publication of Postal Ballot Notice
Notice of Postal Ballot
Publication for Information regarding Postal ballot notice to be circulated to shareholders
Publication of Financial Result
Resignation of Executive Director
Change in Management
Change in Directorate
Audited Financial Results for the quarter and financial year ended March 31, 2026
Corporate Action-Board recommended a final dividend of Rs. 0.50/- per equity share (5% of face value of Rs. 10/- each), subject to approval of shareholders at the ensuing Annual General Meeting
Outcome of Board Meeting dated May 21, 2026
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 71.68 | 73.30 | 75.28 | 81.79 | 85.91 | 78.93 | 90.69 | 90.74 | 96.96 | 89.30 | 80.38 | 105.79 |
| YOY Revenue Growth % | -37.41% | -19.03% | 15.99% | 26.34% | 19.86% | 7.69% | 20.46% | 10.94% | 12.87% | 13.14% | -11.37% | 16.58% |
| Other Income | 0.04 | 0.02 | 0.28 | 0.10 | 0.06 | 0.22 | 0.07 | -0.09 | 0.04 | 0.03 | 0.05 | 0.08 |
| Total Income | 71.72 | 73.32 | 75.56 | 81.89 | 85.97 | 79.15 | 90.75 | 90.65 | 97.00 | 89.34 | 80.42 | 105.87 |
| Total Expenses + | 76.50 | 80.87 | 74.79 | 85.89 | 84.38 | 77.75 | 89.22 | 89.35 | 95.97 | 92.44 | 83.49 | 106.87 |
| Cost of Materials Consumed | 42.21 | 36.18 | 44.21 | 50.22 | 38.60 | 44.78 | 50.77 | 51.70 | 54.02 | 44.78 | 54.74 | 52.00 |
| Employee Benefit Expense | 3.31 | 3.12 | 3.26 | 3.68 | 3.11 | 3.14 | 3.24 | 3.79 | 3.52 | 3.93 | 3.64 | 2.64 |
| Other Expenses | 26.33 | 23.39 | 24.41 | 31.69 | 24.92 | 28.10 | 29.62 | 27.50 | 31.38 | 30.62 | 27.92 | 28.59 |
| Operating Profit | -4.82 | -7.57 | 0.49 | -4.11 | 1.53 | 1.18 | 1.47 | 1.39 | 1.00 | -3.13 | -3.12 | -1.08 |
| OPM % | -6.7% | -10.3% | 0.7% | -5% | 1.8% | 1.5% | 1.6% | 1.5% | 1% | -3.5% | -3.9% | -1% |
| Profit Before Tax + | -4.78 | -7.55 | 0.77 | -4.00 | 1.59 | 1.41 | 1.53 | 1.30 | 1.03 | -1.40 | -3.07 | -1.00 |
| Tax Expense | 0.60 | 0.06 | 0.44 | 2.02 | 0.44 | 0.36 | 0.34 | -0.09 | 0.32 | -0.04 | 1.55 | -5.84 |
| Tax % | - | - | 57.6% | - | 27.5% | 25.9% | 22.4% | -6.9% | 31.1% | - | - | - |
| Profit After Tax | -5.38 | -7.60 | 0.33 | -6.02 | 1.15 | 1.04 | 1.19 | 1.39 | 0.71 | -1.37 | -4.62 | 4.84 |
| EPS (Basic) | -6.70 | -9.47 | 0.41 | -7.50 | 1.43 | 1.30 | 1.48 | 1.73 | 0.89 | -1.70 | -5.75 | 6.02 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 372.43 | 346.27 | 302.05 | 334.68 | 380.34 | 246.48 | 260.15 |
| YOY Revenue Growth % | 7.56% | 14.64% | -9.75% | -12.01% | 54.31% | -5.25% | - |
| Other Income | 0.20 | 0.25 | 0.45 | 0.15 | 0.65 | 1.13 | 1.05 |
| Total Income | 372.63 | 346.52 | 302.50 | 334.83 | 381.00 | 247.61 | 261.20 |
| Total Expenses + | 378.77 | 340.69 | 318.06 | 335.33 | 363.05 | 230.31 | 234.07 |
| Cost of Materials Consumed | 205.54 | 185.85 | 172.82 | 184.20 | 221.84 | 141.64 | 148.68 |
| Employee Benefit Expense | 13.74 | 13.28 | 13.37 | 11.74 | 12.38 | 10.84 | 10.41 |
| Other Expenses | 118.51 | 110.13 | 105.82 | 89.23 | 106.30 | 69.55 | 74.99 |
| Operating Profit | -6.34 | 5.57 | -16.01 | -0.65 | 17.29 | 16.17 | 26.07 |
| OPM % | -1.7% | 1.6% | -5.3% | -0.2% | 4.5% | 6.6% | 10% |
| Profit Before Exceptional | -6.14 | 5.83 | -15.56 | -0.50 | 17.95 | 17.30 | 19.11 |
| Exceptional Items | 1.70 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | -4.44 | 5.83 | -15.56 | -0.50 | 17.95 | 17.30 | 19.11 |
| Tax Expense | -4.00 | 1.06 | 3.12 | 0.44 | 2.03 | 4.80 | 3.39 |
| Tax % | - | 18.1% | - | - | 11.3% | 27.7% | 17.7% |
| Profit After Tax | -0.44 | 4.77 | -18.68 | -0.94 | 15.91 | 12.50 | 15.72 |
| EPS (Basic) | -0.55 | 5.94 | -23.25 | -1.17 | 19.50 | 15.24 | 19.17 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 300.30 | 280.89 | 250.28 | 248.37 | 253.39 | 241.33 | 0.00 |
| Property, Plant & Equipment | 287.02 | 231.42 | 234.53 | 225.13 | 230.84 | 228.71 | 0.00 |
| Capital Work in Progress | 8.42 | 44.55 | 11.16 | 17.44 | 16.00 | 5.68 | 0.00 |
| Non-Current Investments | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.09 | 0.15 | 0.22 | 0.30 | 0.40 | 0.03 | 0.00 |
| Current Assets + | 151.31 | 134.41 | 130.22 | 116.87 | 152.59 | 114.17 | 0.00 |
| Inventories | 73.01 | 70.47 | 64.86 | 59.34 | 72.48 | 57.96 | 0.00 |
| Trade Receivables | 62.41 | 40.64 | 47.34 | 36.16 | 52.93 | 28.19 | 0.00 |
| Cash and Cash Equivalents | 0.15 | 0.14 | 0.16 | 0.15 | 0.14 | 1.44 | 0.00 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 261.53 | 263.71 | 259.19 | 278.36 | 279.72 | 278.72 | 0.00 |
| Equity Share Capital | 8.03 | 8.03 | 8.03 | 8.03 | 8.03 | 8.20 | 0.00 |
| Other Equity | 253.50 | 255.68 | 251.15 | 270.33 | 271.69 | 270.52 | 0.00 |
| Non-Current Liabilities | 36.62 | 36.21 | 39.35 | 34.92 | 40.60 | 16.56 | 0.00 |
| Current Liabilities | 153.46 | 115.38 | 81.96 | 51.97 | 85.65 | 60.21 | 0.00 |
| Total Liabilities | 190.08 | 151.59 | 121.32 | 86.88 | 126.25 | 76.78 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 1.67 | 34.82 | -6.55 | 37.92 | 4.31 | 49.27 | 0.00 |
| Cash from Investing Activities | -35.84 | -44.03 | -16.40 | -8.40 | -23.78 | -49.36 | 0.00 |
| Cash from Financing Activities | 34.18 | 9.19 | 22.97 | -29.51 | 18.18 | 1.31 | 0.00 |
| Net Increase/Decrease in Cash | 0.01 | -0.02 | 0.01 | 0.01 | -1.30 | 1.22 | 0.00 |