Annual Secretarial Compliance Report for the Financial Year ended March 31, 2026.
Earning conference call transcript.
Intimation of schedule of Investor/Analyst meeting under regulation 30(6) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Audio Recordings of the Earnings call conducted on May 18, 2026.
Audio Recordings of the Earnings Call conducted on May 18, 2026.
Newspaper advertisement for publication of financial results.
Press Release and Investor Presentation for the quarter and Financial year ended March 31, 2026.
Press Release and Investor Presentation for the quarter and year ended March 31, 2026.
Appointment of Mr. Bhavik Chhajer (DIN: 08475397) as the Joint Managing Director of the Company with effect from May 15, 2026.
Appointment of Mr. Parth Chhajer (DIN: 06646333) as the Joint Managing Director of the Company with effect from May 15, 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 | 120.96 | 108.91 | 119.23 | 160.96 | 83.69 | 111.80 | 150.77 | 152.58 | 120.96 | 122.65 | 126.04 | 180.80 |
| YOY Revenue Growth % | 35.93% | -9.52% | 3.94% | 146.14% | -30.81% | 2.66% | 26.45% | -5.21% | 44.54% | 9.7% | -16.4% | 18.5% |
| Other Income | 0.07 | 0.14 | 0.23 | 0.79 | 0.50 | 1.20 | 0.86 | 2.21 | 1.98 | 1.18 | 1.27 | 1.20 |
| Total Income | 121.03 | 109.05 | 119.46 | 161.75 | 84.19 | 113.00 | 151.63 | 154.79 | 122.95 | 123.83 | 127.30 | 182.00 |
| Total Expenses + | 101.60 | 90.27 | 100.66 | 132.56 | 81.59 | 92.87 | 118.28 | 144.68 | 101.71 | 110.47 | 116.22 | 166.60 |
| Cost of Materials Consumed | 81.22 | 71.34 | 86.62 | 140.47 | 63.85 | 92.77 | 113.11 | 180.90 | 109.49 | 114.06 | 114.35 | 163.78 |
| Employee Benefit Expense | 5.90 | 6.04 | 6.61 | 7.44 | 6.94 | 7.86 | 8.35 | 8.60 | 8.10 | 9.27 | 8.87 | 8.76 |
| Other Expenses | 12.76 | 17.02 | 15.04 | 17.77 | 16.97 | 14.33 | 21.09 | 26.16 | 11.84 | 13.09 | 13.19 | 19.13 |
| Operating Profit | 19.36 | 18.64 | 18.56 | 28.39 | 2.10 | 18.93 | 32.49 | 7.90 | 19.25 | 12.19 | 9.81 | 14.20 |
| OPM % | 16% | 17.1% | 15.6% | 17.6% | 2.5% | 16.9% | 21.5% | 5.2% | 15.9% | 9.9% | 7.8% | 7.9% |
| Profit Before Tax + | 19.43 | 18.78 | 18.80 | 29.18 | 2.60 | 20.13 | 33.35 | 10.11 | 21.23 | 13.37 | 11.08 | 15.40 |
| Tax Expense | 3.83 | 2.72 | 3.19 | 7.26 | 0.61 | 4.15 | 7.90 | -1.15 | 5.33 | 3.41 | 2.81 | 3.48 |
| Tax % | 19.7% | 14.5% | 17% | 24.9% | 23.3% | 20.6% | 23.7% | -11.4% | 25.1% | 25.5% | 25.4% | 22.6% |
| Profit After Tax | 15.60 | 16.06 | 15.61 | 21.92 | 1.99 | 15.97 | 25.45 | 11.27 | 15.91 | 9.96 | 8.27 | 11.91 |
| EPS (Basic) | 2.85 | 3.11 | 2.72 | 2.23 | 0.29 | 2.75 | 5.08 | 1.89 | 2.21 | 1.41 | 1.16 | 2.75 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 550.97 | 498.83 | 510.05 | 389.44 | 330.94 | 270.17 | 233.01 |
| YOY Revenue Growth % | 10.45% | -2.2% | 30.97% | 17.68% | 22.49% | 15.94% | - |
| Other Income | 5.04 | 4.77 | 1.23 | 2.29 | 1.58 | 2.14 | 4.61 |
| Total Income | 556.01 | 503.61 | 511.29 | 391.73 | 332.52 | 272.31 | 237.62 |
| Total Expenses + | 494.93 | 437.42 | 425.08 | 339.50 | 353.53 | 252.28 | 156.36 |
| Cost of Materials Consumed | 501.75 | 450.63 | 379.65 | 192.87 | 289.10 | 149.23 | 119.16 |
| Employee Benefit Expense | 35.06 | 31.75 | 25.99 | 19.36 | 16.41 | 11.92 | 12.11 |
| Other Expenses | 57.08 | 78.54 | 62.59 | 47.74 | 48.02 | 27.60 | 25.08 |
| Operating Profit | 56.04 | 61.41 | 84.97 | 49.95 | -22.59 | 17.89 | 76.66 |
| OPM % | 10.2% | 12.3% | 16.7% | 12.8% | -6.8% | 6.6% | 32.9% |
| Profit Before Exceptional | 61.08 | 66.19 | 86.20 | 52.23 | 48.50 | 20.03 | 15.58 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 61.08 | 66.19 | 86.20 | 52.23 | 48.50 | 20.03 | 15.58 |
| Tax Expense | 15.04 | 11.51 | 16.98 | 9.56 | 7.12 | 4.29 | 4.53 |
| Tax % | 24.6% | 17.4% | 19.7% | 18.3% | 14.7% | 21.4% | 29.1% |
| Profit After Tax | 46.04 | 54.68 | 69.22 | 42.68 | 41.38 | 15.74 | 11.05 |
| EPS (Basic) | 10.65 | 10.02 | 10.91 | 10.04 | 10.02 | 5.42 | 1.37 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 141.20 | 145.11 | 65.17 | 62.06 | 0.00 | 52.23 | 0.00 |
| Property, Plant & Equipment | 88.45 | 79.54 | 9.37 | 10.33 | 0.00 | 8.98 | 0.00 |
| Capital Work in Progress | 21.42 | 3.93 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Investments | 1.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.06 | 0.07 | 0.03 | 0.04 | 0.00 | 11.42 | 0.00 |
| Current Assets + | 1,628.95 | 1,440.58 | 734.74 | 970.76 | 0.00 | 636.62 | 0.00 |
| Inventories | 897.96 | 728.47 | 555.14 | 483.81 | 0.00 | 354.71 | 0.00 |
| Trade Receivables | 100.45 | 113.80 | 103.86 | 85.17 | 0.00 | 25.99 | 0.00 |
| Cash and Cash Equivalents | 14.48 | 18.18 | 15.05 | 7.96 | 0.00 | 12.01 | 0.00 |
| Current Investments | 0.14 | 0.03 | 0.03 | 0.03 | 0.00 | 0.03 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 449.84 | 377.79 | 323.38 | 245.62 | 0.00 | 163.30 | 0.00 |
| Equity Share Capital | 43.25 | 50.57 | 50.57 | 41.16 | 0.00 | 41.16 | 0.00 |
| Other Equity | 320.20 | 258.60 | 216.37 | 168.61 | 0.00 | 97.54 | 0.00 |
| Non-Current Liabilities | 759.23 | 704.25 | 417.46 | 310.90 | 0.00 | 249.90 | 0.00 |
| Current Liabilities | 561.09 | 503.64 | 455.78 | 476.29 | 0.00 | 275.65 | 0.00 |
| Total Liabilities | 1,320.31 | 1,207.89 | 873.24 | 787.19 | 0.00 | 525.55 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | -70.78 | -177.84 | -146.67 | -11.80 | 20.78 | 120.52 | 0.00 |
| Cash from Investing Activities | -27.39 | -79.67 | -0.66 | -1.81 | -0.79 | -0.74 | 0.00 |
| Cash from Financing Activities | 94.47 | 260.65 | 154.42 | 6.94 | -17.27 | -119.27 | 0.00 |
| Net Increase/Decrease in Cash | -3.69 | 3.13 | 7.09 | -6.67 | 2.72 | 0.51 | 0.00 |