Enclosing herewith copies of Newspaper Advertisement published in Business Standard (English) and Financial Express (Gujarati) on 4th June 2026 regarding notice pursuant to Investor Education and Protection Fund (Accounting, Audit, Transfer and Refund) Rules 2016
Enclosing herewith the newspaper advertisement pertaining to Audited Financial Results for the quarter and year ended 31st March 2026 published in Business Standard (in English) and Financial Express (in Gujarati) on 1st June 2026
We are enclosing herewith the Audited Financial Results for the quarter and year ended 31st March 2026
We wish to inform you that the Board of Directors at its Meeting held today i.e. Saturday, 30th May, 2026 at 3.15 p.m. and concluded at 3.40 p.m. inter alia considered and approved the following: 1. Audited Financial Results of the Company for the quarter and year ended 31st March, 2026, together with the Auditor's Report thereon by the Statutory Auditors of the Company; 2. Re-appointed M/s. Raju Gupta & Associates (Regn no. 108477W), Chartered accountants, as the Internal Auditor of the Company for the financial year 2026-27; 3. Re-appointed M/s, NKJ & Associates (Regn no, 101893), Practising Cost Accountants, as the Cost Auditor of the Company for the financial year 2026-27; 4. Adoption of New set of MOA as per the provisions of Companies Act, 2013, subject to approval of Members in the ensuing General Meeting; 5. Adoption of New set of AOA of the Company as per the provisions of the Companies Act, 2013, subject to approval of Members in the ensuing General Meeting.
1. the Audited Financial Results for the quarter and year ended 31st March, 2026. 2. Any other business with the permission of the chair.
Enclosing herewith a copy of Secretarial Compliance Report for the year ended 31st March 2026 issued by M/s DTNV & Co - Practicing Company Secretaries
Enclosing herewith the Certificate under Reg 74 (5) of SEBI (DP) Regulations as on 31st March 2026
Enclosing herewith the disclosure of Non Applicability of SEBI Circular to the Company as on 31st March 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 | 61.23 | 67.22 | 67.47 | 59.67 | 68.12 | 64.15 | 60.98 | 56.04 | 57.29 | 55.74 | 54.19 | 52.60 |
| YOY Revenue Growth % | -8.67% | 4.52% | 7.88% | 1.42% | 11.26% | -4.56% | -9.63% | -6.08% | -15.9% | -13.11% | -11.12% | -6.14% |
| Other Income | 0.02 | 0.23 | 0.11 | 0.03 | 0.01 | 0.22 | 0.10 | 0.17 | 0.01 | 0.01 | 0.01 | 0.05 |
| Total Income | 61.25 | 67.45 | 67.58 | 59.69 | 68.13 | 64.37 | 61.08 | 56.21 | 57.29 | 55.75 | 54.20 | 52.65 |
| Total Expenses + | 60.70 | 65.84 | 67.63 | 61.08 | 68.50 | 64.85 | 61.26 | 56.39 | 58.05 | 56.13 | 54.23 | 51.26 |
| Cost of Materials Consumed | 49.18 | 56.04 | 57.70 | 51.90 | 54.50 | 54.44 | 51.76 | 45.42 | 46.54 | 46.32 | 42.94 | 41.63 |
| Employee Benefit Expense | 1.25 | 1.35 | 1.38 | 1.38 | 1.40 | 1.37 | 1.38 | 1.36 | 1.40 | 1.42 | 1.39 | 1.31 |
| Other Expenses | 8.45 | 9.18 | 9.58 | 8.68 | 8.40 | 8.49 | 9.13 | 8.40 | 8.23 | 8.58 | 8.51 | 7.33 |
| Operating Profit | 0.53 | 1.38 | -0.16 | -1.41 | -0.38 | -0.70 | -0.28 | -0.35 | -0.76 | -0.39 | -0.04 | 1.34 |
| OPM % | 0.9% | 2% | -0.2% | -2.4% | -0.6% | -1.1% | -0.5% | -0.6% | -1.3% | -0.7% | -0.1% | 2.5% |
| Profit Before Tax + | 0.54 | 1.61 | -0.05 | -1.39 | -0.36 | -0.49 | -0.18 | -0.18 | -0.75 | -0.38 | -0.03 | 1.38 |
| Tax Expense | 0.18 | 0.48 | -0.09 | -0.38 | 0.01 | -0.03 | -0.06 | -0.11 | -0.14 | -0.14 | -0.02 | 0.34 |
| Tax % | 33.4% | 29.8% | - | - | - | - | - | - | - | - | - | 24.4% |
| Profit After Tax | 0.36 | 1.13 | 0.04 | -1.00 | -0.37 | -0.45 | -0.11 | -0.07 | -0.61 | -0.24 | -0.01 | 1.05 |
| EPS (Basic) | 1.84 | 5.72 | 0.18 | -5.08 | -1.88 | 0.00 | 0.00 | -0.35 | -3.09 | -1.20 | -0.06 | 5.31 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 219.82 | 249.29 | 255.58 | 252.72 | 243.08 | 156.13 |
| YOY Revenue Growth % | -11.82% | -2.46% | 1.13% | 3.97% | 55.69% | - |
| Other Income | 0.07 | 0.50 | 0.38 | 0.50 | 0.67 | 0.29 |
| Total Income | 219.89 | 249.79 | 255.96 | 253.22 | 243.75 | 156.42 |
| Total Expenses + | 219.67 | 251.00 | 255.25 | 252.04 | 239.30 | 153.93 |
| Cost of Materials Consumed | 177.42 | 206.12 | 214.82 | 208.16 | 198.99 | 122.88 |
| Employee Benefit Expense | 5.53 | 5.50 | 5.35 | 4.70 | 4.56 | 4.08 |
| Other Expenses | 32.64 | 34.42 | 35.88 | 36.39 | 31.35 | 25.25 |
| Operating Profit | 0.15 | -1.71 | 0.33 | 0.69 | 3.78 | 2.21 |
| OPM % | 0.1% | -0.7% | 0.1% | 0.3% | 1.6% | 1.4% |
| Profit Before Exceptional | 0.23 | -1.21 | 0.71 | 1.18 | 4.45 | 2.49 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 0.23 | -1.21 | 0.71 | 1.18 | 4.45 | 2.49 |
| Tax Expense | 0.04 | -0.20 | 0.19 | 0.27 | 1.23 | 0.68 |
| Tax % | 17.3% | - | 26.6% | 23% | 27.7% | 27.2% |
| Profit After Tax | 0.19 | -1.01 | 0.52 | 0.91 | 3.22 | 1.81 |
| EPS (Basic) | 0.95 | -5.11 | 2.66 | 4.63 | 16.33 | 9.21 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 16.92 | 17.11 | 19.99 | 22.24 | 24.84 | 27.54 |
| Property, Plant & Equipment | 14.24 | 16.64 | 19.05 | 21.34 | 23.90 | 26.60 |
| Capital Work in Progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Investments | 2.42 | 0.42 | 0.42 | 0.42 | 0.43 | 0.43 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Assets + | 16.80 | 18.34 | 21.63 | 25.54 | 23.71 | 29.24 |
| Inventories | 9.61 | 11.37 | 13.72 | 10.22 | 9.97 | 10.95 |
| Trade Receivables | 5.25 | 5.57 | 6.69 | 11.79 | 9.69 | 11.11 |
| Cash and Cash Equivalents | 0.91 | 0.08 | 0.16 | 2.78 | 3.12 | 6.11 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 26.72 | 26.52 | 27.75 | 27.73 | 27.39 | 24.79 |
| Equity Share Capital | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 |
| Other Equity | 24.74 | 24.55 | 25.78 | 25.76 | 25.41 | 22.82 |
| Non-Current Liabilities | 1.35 | 3.10 | 3.83 | 4.09 | 6.46 | 11.76 |
| Current Liabilities | 5.66 | 5.82 | 10.04 | 15.96 | 14.70 | 20.23 |
| Total Liabilities | 7.00 | 8.92 | 13.87 | 20.05 | 21.16 | 31.99 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 4.40 | 2.40 | 3.91 | 1.91 | 3.61 | 8.60 |
| Cash from Investing Activities | -1.80 | 0.71 | -0.07 | 0.11 | 0.18 | 0.15 |
| Cash from Financing Activities | -1.77 | -0.89 | -3.08 | -3.58 | -6.47 | -7.72 |
| Net Increase/Decrease in Cash | 0.84 | 2.22 | 0.75 | -1.56 | -2.68 | 1.03 |