Intimation is attached herewith relating to update on operational status of the unit and consequential impact on production.
We wish to inform that the Company has revoked the lockout at Unit Kadiyam, East Godavari District, Andhra Pradesh with effect from May 29, 2026.
Annual Secretarial Compliance Report is attached herewith.
The Board re-appointed Mr. Saurabh Bangur as Managing Director of the Company for period of 5 year effective 01.10.2026 subject to approval of shareholders of the Company.
Outcome of the meeting _ Board considered and approves the dividend and recommended the same to shareholders.
Attached herewith a copy of Outcome_results
Outcome of Board meeting attached herewith.
We hereby attached clarification letter on estimated production loss of per day in Lockout period.
Audited Financial years for the quarter and year ended March 31, 2026 and recommend the final dividend, if any, for the financial year 2025-26.
To reference to our letter dated April 30, 2026, in view of prevailing situation and in order to safeguard the employees, plant and machinery, material and other assets, the management has declared a lockout at Kadiyam Unit with effect from 10.00 PM on May 1, 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 | 477.59 | 482.03 | 476.58 | 364.38 | 315.89 | 432.28 | 385.70 | 407.37 | 393.42 | 362.08 | 418.69 | 527.05 |
| YOY Revenue Growth % | 5.66% | -0.54% | -16.52% | -38.26% | -33.86% | -10.32% | -19.07% | 11.8% | 24.54% | -16.24% | 8.55% | 29.38% |
| Other Income | 21.61 | 21.35 | 24.12 | 27.87 | 25.42 | 30.33 | 15.30 | 17.68 | 27.23 | 10.18 | 28.72 | 17.46 |
| Total Income | 499.20 | 503.38 | 500.70 | 392.25 | 341.31 | 462.61 | 401.00 | 425.05 | 420.65 | 372.26 | 447.41 | 544.51 |
| Total Expenses + | 339.88 | 368.84 | 384.50 | 346.66 | 305.28 | 404.81 | 383.93 | 418.89 | 391.48 | 400.01 | 435.23 | 532.75 |
| Cost of Materials Consumed | 231.05 | 221.68 | 247.07 | 165.54 | 184.86 | 276.86 | 243.85 | 269.08 | 275.82 | 245.22 | 284.49 | 288.39 |
| Employee Benefit Expense | 45.19 | 37.53 | 42.19 | 44.41 | 38.94 | 43.50 | 42.85 | 43.83 | 43.04 | 43.57 | 47.35 | 47.04 |
| Other Expenses | 81.99 | 81.52 | 86.45 | 99.51 | 67.95 | 80.65 | 81.69 | 80.27 | 77.17 | 82.44 | 89.82 | 103.52 |
| Operating Profit | 137.70 | 113.19 | 92.08 | 17.72 | 10.61 | 27.47 | 1.78 | -11.51 | 1.94 | -37.93 | -16.54 | -5.70 |
| OPM % | 28.8% | 23.5% | 19.3% | 4.9% | 3.4% | 6.4% | 0.5% | -2.8% | 0.5% | -10.5% | -4% | -1.1% |
| Profit Before Tax + | 159.31 | 134.54 | 116.20 | 45.59 | 36.03 | 57.81 | 17.07 | 6.17 | 29.17 | -27.75 | 12.18 | 11.76 |
| Tax Expense | 40.77 | 34.23 | 33.73 | 7.18 | 8.34 | 16.08 | 5.43 | -1.69 | 7.86 | -7.49 | 2.33 | 4.04 |
| Tax % | 25.6% | 25.4% | 29% | 15.7% | 23.2% | 27.8% | 31.8% | -27.3% | 27% | - | 19.1% | 34.3% |
| Profit After Tax | 118.55 | 100.31 | 82.47 | 38.41 | 27.68 | 41.72 | 11.65 | 7.85 | 21.31 | -20.26 | 9.85 | 7.72 |
| EPS (Basic) | 29.81 | 25.22 | 20.74 | 9.66 | 6.96 | 2.10 | 0.59 | 0.39 | 1.07 | -1.02 | 0.50 | 0.39 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,701.23 | 1,541.24 | 1,800.58 | 2,097.66 | 1,380.23 | 886.75 | 1,269.70 |
| YOY Revenue Growth % | 10.38% | -14.4% | -14.16% | 51.98% | 55.65% | -30.16% | - |
| Other Income | 83.59 | 88.73 | 94.95 | 52.02 | 44.88 | 15.22 | 14.54 |
| Total Income | 1,784.83 | 1,629.97 | 1,895.53 | 2,149.67 | 1,425.12 | 901.97 | 1,284.24 |
| Total Expenses + | 1,759.46 | 1,512.90 | 1,439.89 | 1,433.31 | 1,236.76 | 903.76 | 1,026.74 |
| Cost of Materials Consumed | 1,098.60 | 974.65 | 865.35 | 821.18 | 467.70 | 303.32 | 437.92 |
| Employee Benefit Expense | 181.00 | 169.12 | 169.31 | 164.76 | 157.07 | 142.98 | 157.33 |
| Other Expenses | 348.28 | 310.56 | 349.47 | 375.24 | 516.40 | 326.97 | 431.49 |
| Operating Profit | -58.23 | 28.34 | 360.69 | 664.35 | 143.47 | -17.01 | 242.95 |
| OPM % | -3.4% | 1.8% | 20% | 31.7% | 10.4% | -1.9% | 19.1% |
| Profit Before Exceptional | 25.36 | 117.07 | 455.64 | 716.37 | 188.36 | -1.79 | 235.80 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | -15.38 | 0.00 | -4.41 | 0.00 |
| Profit Before Tax + | 25.36 | 117.07 | 455.64 | 700.98 | 188.36 | -6.20 | 235.80 |
| Tax Expense | 6.75 | 28.16 | 115.90 | 178.52 | 48.62 | -1.60 | 22.88 |
| Tax % | 26.6% | 24.1% | 25.4% | 25.5% | 25.8% | - | 9.7% |
| Profit After Tax | 18.62 | 88.91 | 339.74 | 522.46 | 139.73 | -4.60 | 212.92 |
| EPS (Basic) | 0.94 | 4.47 | 85.43 | 131.37 | 35.14 | -1.16 | 53.54 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 1,498.08 | 1,294.90 | 1,170.62 | 855.96 | 772.79 | 776.82 | 0.00 |
| Property, Plant & Equipment | 999.72 | 1,022.69 | 793.64 | 574.54 | 581.83 | 616.84 | 0.00 |
| Capital Work in Progress | 278.96 | 29.82 | 113.73 | 29.38 | 7.68 | 7.55 | 0.00 |
| Non-Current Investments | 147.40 | 0.00 | 172.15 | 174.79 | 138.23 | 107.30 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.18 | 1.06 | 1.64 | 2.39 | 3.18 | 1.80 | 0.00 |
| Current Assets + | 1,040.02 | 1,309.73 | 1,280.33 | 1,148.74 | 723.83 | 554.09 | 0.00 |
| Inventories | 263.07 | 322.14 | 236.98 | 173.66 | 145.09 | 164.31 | 0.00 |
| Trade Receivables | 156.07 | 108.63 | 60.93 | 147.53 | 102.55 | 75.60 | 0.00 |
| Cash and Cash Equivalents | 16.17 | 3.77 | 11.05 | 21.32 | 24.54 | 15.29 | 0.00 |
| Current Investments | 502.44 | 744.55 | 856.62 | 711.83 | 244.46 | 111.96 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 1,939.35 | 1,940.83 | 1,893.20 | 1,582.17 | 1,094.09 | 975.22 | 0.00 |
| Equity Share Capital | 39.77 | 39.77 | 39.77 | 39.77 | 39.77 | 39.77 | 0.00 |
| Other Equity | 1,899.58 | 1,901.06 | 1,853.43 | 1,542.40 | 1,054.32 | 935.45 | 0.00 |
| Non-Current Liabilities | 245.60 | 223.48 | 139.05 | 84.66 | 99.97 | 106.46 | 0.00 |
| Current Liabilities | 353.14 | 440.31 | 418.70 | 337.86 | 303.85 | 250.91 | 0.00 |
| Total Liabilities | 598.74 | 663.79 | 557.75 | 422.53 | 403.82 | 357.37 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 104.50 | -55.39 | 318.74 | 535.82 | 202.35 | -123.07 | 0.00 |
| Cash from Investing Activities | 1.74 | -61.16 | -334.07 | -498.62 | -181.31 | 113.43 | 0.00 |
| Cash from Financing Activities | -93.89 | 109.24 | 5.03 | -41.33 | -11.74 | 10.75 | 0.00 |
| Net Increase/Decrease in Cash | 12.40 | -7.28 | -10.27 | -3.22 | 9.24 | 1.03 | 0.00 |