Please find enclosed Monitoring Agency Report for the Quarter ended March 31, 2026.
Please find enclosed Statement pursuant to Regulation 32 of the SEBI (LODR) Regulations, 2015 for the Quarter ended March 31, 2026.
Newspaper Publication regarding Audited Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026
Please find enclosed Press Release regarding securing of major Order for 152mm Artillery Shells in the Defence Sector.
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please find enclosed Press Release regarding Financial Results for the quarter and year ended March 31, 2026.
Earnings Release for the Quarter and year ended March 31, 2026.
Pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015, submission of Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026.
Outcome of Board Meeting dated May 30, 2026 - Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026
Annual Secretarial Compliance Report for the year ended March 31, 2026.
Submission of Postal Ballot Notice pursuant to Regulation 30 and 47 of the SEBI (LODR) Regulations, 2015, published in newspapers.
| 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 | 112.38 | 139.22 | 147.08 | 161.17 | 175.31 | 222.88 | 255.78 | 269.65 | 233.20 | 299.51 | 311.11 | 263.55 |
| YOY Revenue Growth % | 112.86% | 129.91% | 64.53% | 30.21% | 55.99% | 60.09% | 73.91% | 67.3% | 33.02% | 34.38% | 21.63% | -2.26% |
| Other Income | 0.11 | 4.06 | 1.86 | 4.38 | 1.06 | 2.50 | 9.57 | 4.17 | 1.68 | 3.29 | 4.47 | 23.47 |
| Total Income | 112.49 | 143.29 | 148.94 | 165.55 | 176.37 | 225.38 | 265.35 | 273.81 | 234.88 | 302.80 | 315.58 | 287.03 |
| Total Expenses + | 93.43 | 113.32 | 118.74 | 130.94 | 134.45 | 161.43 | 191.19 | 199.75 | 164.84 | 222.88 | 234.91 | 211.61 |
| Cost of Materials Consumed | 76.25 | 117.85 | 109.64 | 141.93 | 102.61 | 156.06 | 147.76 | 201.32 | 167.96 | 202.63 | 210.73 | 176.96 |
| Employee Benefit Expense | 1.72 | 3.76 | 3.98 | 4.02 | 5.07 | 6.05 | 6.14 | 6.27 | 7.69 | 8.80 | 9.21 | 9.48 |
| Other Expenses | 9.38 | 12.68 | 12.71 | 16.17 | 11.09 | 8.69 | 12.42 | 14.14 | 9.16 | 10.99 | 17.50 | 25.42 |
| Operating Profit | 18.96 | 25.90 | 28.34 | 30.23 | 40.86 | 61.45 | 64.60 | 69.90 | 68.36 | 76.63 | 76.20 | 51.95 |
| OPM % | 16.9% | 18.6% | 19.3% | 18.8% | 23.3% | 27.6% | 25.3% | 25.9% | 29.3% | 25.6% | 24.5% | 19.7% |
| Profit Before Tax + | 19.07 | 29.96 | 30.20 | 34.61 | 41.91 | 63.95 | 74.16 | 74.06 | 70.04 | 79.92 | 80.67 | 75.42 |
| Tax Expense | 2.40 | 6.69 | 4.75 | 6.34 | 7.75 | 15.81 | 15.16 | 11.38 | 13.01 | 14.88 | 9.57 | 9.68 |
| Tax % | 12.6% | 22.3% | 15.7% | 18.3% | 18.5% | 24.7% | 20.4% | 15.4% | 18.6% | 18.6% | 11.9% | 12.8% |
| Profit After Tax | 16.67 | 23.27 | 25.45 | 28.28 | 34.17 | 48.14 | 59.01 | 62.69 | 57.03 | 65.04 | 71.09 | 65.74 |
| EPS (Basic) | 2.00 | 2.47 | 2.58 | 2.76 | 3.33 | 4.55 | 5.52 | 5.74 | 5.04 | 6.08 | 6.41 | 6.35 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | 1,107.37 | 923.62 | 559.86 | 326.64 | 286.08 |
| YOY Revenue Growth % | 19.89% | 64.97% | 71.4% | 14.18% | - |
| Other Income | 32.92 | 17.14 | 10.41 | 12.65 | 8.53 |
| Total Income | 1,140.29 | 940.76 | 570.27 | 339.28 | 294.61 |
| Total Expenses + | 834.24 | 686.82 | 456.43 | 288.72 | 255.32 |
| Cost of Materials Consumed | 758.28 | 607.75 | 427.81 | 230.49 | 230.54 |
| Employee Benefit Expense | 35.19 | 23.52 | 13.48 | 7.98 | 5.24 |
| Other Expenses | 63.08 | 46.34 | 50.94 | 42.09 | 23.52 |
| Operating Profit | 273.13 | 236.80 | 103.43 | 37.92 | 30.76 |
| OPM % | 24.7% | 25.6% | 18.5% | 11.6% | 10.8% |
| Profit Before Exceptional | 306.05 | 253.94 | 113.84 | 50.57 | 39.29 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | -0.21 |
| Profit Before Tax + | 306.05 | 253.94 | 113.84 | 50.57 | 39.09 |
| Tax Expense | 47.16 | 50.09 | 20.17 | 11.65 | 9.24 |
| Tax % | 15.4% | 19.7% | 17.7% | 23% | 23.6% |
| Profit After Tax | 258.89 | 203.86 | 93.67 | 38.91 | 29.84 |
| EPS (Basic) | 23.90 | 19.24 | 9.80 | 4.67 | 4.05 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| ASSETS | |||||
| Non-Current Assets + | 1,056.94 | 684.51 | 219.47 | 71.90 | 49.82 |
| Property, Plant & Equipment | 514.04 | 150.43 | 24.18 | 15.70 | 9.77 |
| Capital Work in Progress | 277.31 | 417.11 | 130.27 | 6.67 | 6.67 |
| Non-Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 32.54 | 32.54 | 32.54 | 32.54 | 32.54 |
| Other Intangible Assets | 0.01 | 0.02 | 0.02 | 0.05 | 0.04 |
| Current Assets + | 793.84 | 567.68 | 493.00 | 298.86 | 234.62 |
| Inventories | 145.28 | 98.09 | 89.47 | 34.82 | 42.33 |
| Trade Receivables | 425.10 | 327.27 | 218.50 | 210.52 | 128.96 |
| Cash and Cash Equivalents | 85.66 | 93.08 | 87.94 | 5.15 | 5.92 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||
| Total Equity | 1,594.52 | 1,053.22 | 552.96 | 197.63 | 158.63 |
| Equity Share Capital | 121.39 | 110.77 | 102.59 | 83.36 | 82.31 |
| Other Equity | 1,473.13 | 942.45 | 450.37 | 114.27 | 76.31 |
| Non-Current Liabilities | 32.17 | 21.11 | 25.77 | 12.53 | 8.71 |
| Current Liabilities | 224.09 | 177.86 | 133.73 | 160.60 | 117.10 |
| Total Liabilities | 256.26 | 198.97 | 159.50 | 173.13 | 125.81 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Cash from Operating Activities | 31.70 | 148.24 | -17.97 | 12.17 | -57.74 |
| Cash from Investing Activities | -353.96 | -416.63 | -147.87 | -7.26 | -7.67 |
| Cash from Financing Activities | 314.84 | 273.52 | 248.64 | -5.68 | 68.96 |
| Net Increase/Decrease in Cash | -7.42 | 5.14 | 82.79 | -0.77 | 3.55 |