Annual Secretarial Compliance Report by the Secretarial Auditor Mrs. Rama Subramanian for the year ended 31st March. 2026
Certificate received from Infomerics for the period ended 31st March, 2026 for utilisation of Rights Issue Funds.
Resignation of Mr. Rajesh K. Deharkar, CFO, Company Secretary and Compliance Officer w.e.f 1st June, 2026 approved by the Board of Directors on 26th May, 2026
Resignation of Mrs. Amrita P. Deodhar as Chairperson and Whole-time Director w.e.f. 1st June, 2026
Appointment of Executive Director, Non-Executive and Non-Independent Director and Chief Financial Officers w.e.f. 1st June, 2026 passed at the Baord Meeting held on 26.05.2026
Audited Financial Results, Appointment/Resignation of Board Members and CFO and Company Secretary
the Audited Financial Results for the fourth quarter and year ended 31st March, 2026 and other matters.
Clarification of Price Movement with reference to your email dated 7th May, 2026
Declaration of Evoting Results by the CFO & Company Secretary for the EGM held on 18th April, 2206.
| Particulars | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 11.54 | 18.49 | 9.11 | 10.88 | 11.93 | 17.61 | 9.93 | 13.86 | 15.94 | 23.93 | 17.35 | 11.29 |
| YOY Revenue Growth % | -22.26% | 12.32% | -16.33% | 3.02% | 3.35% | -4.75% | 8.96% | 27.39% | 33.64% | 35.87% | 74.72% | -18.55% |
| Other Income | 0.28 | 0.06 | 0.06 | 0.06 | 0.05 | 0.60 | 0.06 | 1.88 | 0.46 | 2.69 | 0.08 | 1.46 |
| Total Income | 11.82 | 18.55 | 9.18 | 10.95 | 11.98 | 18.22 | 9.99 | 15.75 | 16.40 | 26.62 | 17.43 | 12.75 |
| Total Expenses + | 11.41 | 12.28 | 9.16 | 10.80 | 11.84 | 17.10 | 9.89 | 14.22 | 24.81 | 26.41 | 15.34 | 11.70 |
| Cost of Materials Consumed | 3.31 | 3.99 | 1.45 | 3.06 | 3.40 | 14.09 | 5.04 | 2.51 | 0.63 | 12.99 | 5.46 | 3.72 |
| Employee Benefit Expense | 2.34 | 3.38 | 3.16 | 3.06 | 3.10 | 3.05 | 3.12 | 3.29 | 3.56 | 2.51 | 2.02 | 2.73 |
| Other Expenses | 4.89 | 3.90 | 3.74 | 3.22 | 4.94 | 4.51 | 2.68 | 4.13 | 12.35 | 6.03 | 4.27 | 4.35 |
| Operating Profit | 0.13 | 6.21 | -0.04 | 0.08 | 0.09 | 0.52 | 0.04 | -0.35 | -8.87 | -2.48 | 2.00 | -0.41 |
| OPM % | 1.1% | 33.6% | -0.5% | 0.8% | 0.7% | 2.9% | 0.4% | -2.5% | -55.6% | -10.4% | 11.6% | -3.6% |
| Profit Before Tax + | -0.28 | 6.27 | 0.02 | 0.14 | 0.14 | 0.49 | 0.10 | 1.53 | -8.41 | 0.21 | 2.08 | 1.05 |
| Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -6.83 | 0.47 | 0.27 |
| Tax % | - | 0% | 0% | 0% | 0% | 0% | 0% | 0% | - | -3263.7% | 22.5% | 26% |
| Profit After Tax | -0.28 | 6.27 | 0.02 | 0.14 | 0.14 | 0.49 | 0.10 | 1.53 | -8.41 | 7.04 | 1.61 | 0.78 |
| EPS (Basic) | -0.28 | 6.27 | 0.04 | 0.12 | 0.01 | 0.00 | 0.09 | 1.38 | -6.69 | 6.03 | 1.04 | 0.42 |
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Revenue from Operations | 63.67 | 49.54 | 51.49 | 51.36 | 53.02 |
| YOY Revenue Growth % | 28.52% | -3.79% | 0.25% | -3.12% | - |
| Other Income | 5.09 | 0.78 | 0.47 | 0.34 | 1.32 |
| Total Income | 68.76 | 50.32 | 51.96 | 51.70 | 54.34 |
| Total Expenses + | 75.33 | 48.90 | 49.56 | 50.10 | 54.73 |
| Cost of Materials Consumed | 21.17 | 20.72 | 16.59 | 18.55 | 22.99 |
| Employee Benefit Expense | 12.48 | 12.37 | 12.93 | 12.51 | 11.27 |
| Other Expenses | 25.18 | 16.40 | 16.58 | 13.88 | 13.83 |
| Operating Profit | -11.66 | 0.64 | 1.92 | 1.26 | -1.71 |
| OPM % | -18.3% | 1.3% | 3.7% | 2.5% | -3.2% |
| Profit Before Exceptional | -6.57 | 1.43 | 2.39 | 1.60 | -0.39 |
| Exceptional Items | 0.00 | -0.63 | -2.19 | -1.43 | 0.00 |
| Profit Before Tax + | -6.57 | 0.80 | 0.20 | 0.17 | -0.39 |
| Tax Expense | -6.83 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax % | - | 0% | 0% | 0% | - |
| Profit After Tax | 0.26 | 0.80 | 0.20 | 0.17 | -0.39 |
| EPS (Basic) | 0.23 | 0.72 | 0.20 | 0.19 | 0.61 |
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| ASSETS | |||||
| Non-Current Assets + | 23.57 | 16.28 | 31.30 | 2,861,578.34 | 2,717,592.55 |
| Property, Plant & Equipment | 6.58 | 6.91 | 7.24 | 640,866.66 | 333,836.18 |
| Capital Work in Progress | 1.21 | 0.49 | 0.00 | 108,116.92 | 387,986.44 |
| Non-Current Investments | 0.03 | 0.00 | 6.67 | 2,361.50 | 2,361.50 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.04 | 0.01 | 0.02 | 1,939.72 | 1,939.72 |
| Current Assets + | 46.39 | 55.06 | 44.21 | 3,779,140.74 | 6,234,596.00 |
| Inventories | 18.02 | 29.49 | 12.96 | 1,528,454.76 | 1,531,868.35 |
| Trade Receivables | 21.72 | 22.73 | 26.52 | 1,751,515.92 | 1,520,533.46 |
| Cash and Cash Equivalents | 2.53 | 0.71 | 1.53 | 188,099.70 | 263,033.23 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||
| Total Equity | 10.37 | 10.13 | -19.81 | -2,076,356.12 | -2,608,158.11 |
| Equity Share Capital | 12.57 | 13.96 | 10.00 | 1,000,000.00 | 500,000.00 |
| Other Equity | -2.20 | -3.83 | -29.81 | -3,076,356.12 | -3,108,158.11 |
| Non-Current Liabilities | 13.98 | 8.49 | 69.11 | 995,054.03 | 939,389.38 |
| Current Liabilities | 45.61 | 52.73 | 26.22 | 7,722,021.17 | 10,620,957.28 |
| Total Liabilities | 59.58 | 61.22 | 95.32 | 8,717,075.20 | 11,560,346.66 |
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Cash from Operating Activities | 1.89 | 1.36 | -2.25 | 17.78 | 0.00 |
| Cash from Investing Activities | -0.73 | -0.58 | -0.71 | 0.57 | 0.00 |
| Cash from Financing Activities | 0.67 | -0.50 | 2.62 | -19.10 | 0.00 |
| Net Increase/Decrease in Cash | 1.82 | 0.27 | -0.35 | -0.75 | 0.00 |