Transcript of Earnings Conference Call for Q4-FY26/FY26 attached.
Annual Secretarial Compliance Report the financial year ended on 31st March, 2026 attached.
Earnings Conference Call with investors of the Company held on Friday, 22nd May 2026 at 2:00 P.M. (IST) to discuss Q4-FY26/FY26 Earnings. In this regard, pursuant to Regulation 30 of the Listing Regulations, the audio recording attached.
Newspaper Advertisement of Audited Financial Results attached.
Investor Presentation Q4-FY26/FY26 attached.
The Board has approved and recommended appointment of Statutory Auditor of the company for the period of 5 years subject to shareholders' approval
Recommendation of Final Dividend for the FY 2025-26 for shareholders' approval.
Redesignation of Mr. Suresh Sodani, Managing Director as Managing Director and Chief Executive Officer ("MD & CEO") of the Company
Results for the quarter and financial year ended 31st March 2026
Outcome of Board Meeting held on 21st May 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 | 428.50 | 396.40 | 450.57 | 468.68 | 528.02 | 536.27 | 493.40 | 444.00 | 401.53 | 408.70 | 411.65 | 483.53 |
| YOY Revenue Growth % | -24.53% | -29.64% | -3.78% | -0.83% | 23.23% | 35.29% | 9.51% | -5.27% | -23.96% | -23.79% | -16.57% | 8.9% |
| Other Income | 8.71 | 11.79 | 5.79 | 7.20 | 7.38 | 7.29 | 7.40 | 15.25 | 13.63 | 8.32 | 8.92 | 11.05 |
| Total Income | 437.21 | 408.19 | 456.36 | 475.88 | 535.40 | 543.56 | 500.80 | 459.25 | 415.16 | 417.02 | 420.57 | 494.58 |
| Total Expenses + | 419.36 | 401.78 | 446.51 | 449.32 | 500.97 | 513.76 | 481.90 | 449.81 | 396.15 | 391.36 | 385.13 | 443.31 |
| Cost of Materials Consumed | 304.18 | 242.87 | 260.72 | 310.30 | 336.65 | 377.61 | 314.11 | 291.05 | 243.88 | 232.45 | 238.68 | 275.36 |
| Employee Benefit Expense | 29.61 | 30.15 | 29.98 | 31.87 | 32.20 | 32.59 | 29.99 | 32.82 | 30.41 | 32.11 | 33.32 | 34.04 |
| Other Expenses | 105.47 | 90.40 | 96.24 | 99.40 | 103.47 | 113.10 | 101.62 | 114.51 | 90.15 | 97.37 | 96.29 | 112.38 |
| Operating Profit | 9.14 | -5.38 | 4.06 | 19.36 | 27.05 | 22.51 | 11.50 | -5.81 | 5.38 | 17.34 | 26.52 | 40.22 |
| OPM % | 2.1% | -1.4% | 0.9% | 4.1% | 5.1% | 4.2% | 2.3% | -1.3% | 1.3% | 4.2% | 6.4% | 8.3% |
| Profit Before Tax + | 17.85 | 6.41 | 9.85 | 26.56 | 34.43 | 29.80 | 18.90 | 9.44 | 19.01 | 25.66 | 31.78 | 53.07 |
| Tax Expense | 4.33 | 2.12 | 5.18 | 6.29 | 10.11 | 8.40 | 4.91 | 2.68 | 3.63 | 3.33 | 8.05 | 13.67 |
| Tax % | 24.3% | 33.1% | 52.6% | 23.7% | 29.4% | 28.2% | 26% | 28.4% | 19.1% | 13% | 25.3% | 25.8% |
| Profit After Tax | 13.52 | 4.29 | 4.67 | 20.27 | 24.32 | 21.40 | 13.99 | 6.76 | 15.38 | 22.33 | 23.73 | 39.40 |
| EPS (Basic) | 6.19 | 1.96 | 2.14 | 9.28 | 11.13 | 9.79 | 6.40 | 3.09 | 7.04 | 10.22 | 10.86 | 18.03 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Revenue from Operations | 1,705.41 | 2,001.69 | 1,744.15 | 2,072.05 |
| YOY Revenue Growth % | -14.8% | 14.77% | -15.82% | - |
| Other Income | 41.92 | 37.32 | 33.49 | 19.04 |
| Total Income | 1,747.33 | 2,039.01 | 1,777.64 | 2,091.09 |
| Total Expenses + | 1,615.95 | 1,946.44 | 1,716.97 | 1,973.29 |
| Cost of Materials Consumed | 990.37 | 1,319.42 | 1,118.07 | 1,291.54 |
| Employee Benefit Expense | 130.18 | 127.60 | 121.61 | 119.94 |
| Other Expenses | 395.89 | 432.70 | 391.51 | 425.05 |
| Operating Profit | 89.46 | 55.25 | 27.18 | 98.76 |
| OPM % | 5.2% | 2.8% | 1.6% | 4.8% |
| Profit Before Exceptional | 131.38 | 92.57 | 60.67 | 117.80 |
| Exceptional Items | -1.86 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 129.52 | 92.57 | 60.67 | 117.80 |
| Tax Expense | 28.68 | 26.10 | 17.92 | 27.48 |
| Tax % | 22.1% | 28.2% | 29.5% | 23.3% |
| Profit After Tax | 100.84 | 66.47 | 42.75 | 90.32 |
| EPS (Basic) | 46.15 | 30.42 | 19.56 | 41.34 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| Non-Current Assets + | 932.56 | 883.90 | 889.66 | 802.19 |
| Property, Plant & Equipment | 755.70 | 781.82 | 805.98 | 643.93 |
| Capital Work in Progress | 12.86 | 13.18 | 3.65 | 106.17 |
| Non-Current Investments | 140.29 | 71.14 | 67.59 | 37.13 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.16 | 0.22 | 0.32 | 0.92 |
| Current Assets + | 918.84 | 896.92 | 794.59 | 820.42 |
| Inventories | 259.89 | 315.21 | 269.22 | 243.36 |
| Trade Receivables | 195.66 | 175.06 | 196.99 | 217.04 |
| Cash and Cash Equivalents | 6.69 | 0.95 | 0.87 | 2.70 |
| Current Investments | 348.44 | 337.86 | 273.95 | 306.78 |
| LIABILITIES & EQUITY | ||||
| Total Equity | 1,495.85 | 1,417.55 | 1,364.38 | 1,321.71 |
| Equity Share Capital | 21.85 | 21.85 | 21.85 | 21.85 |
| Other Equity | 1,474.00 | 1,395.70 | 1,342.53 | 1,299.86 |
| Non-Current Liabilities | 138.09 | 143.35 | 145.85 | 149.82 |
| Current Liabilities | 217.46 | 220.84 | 174.02 | 151.08 |
| Total Liabilities | 355.55 | 364.19 | 319.87 | 300.90 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Cash from Operating Activities | 125.43 | 117.87 | 88.06 | 219.27 |
| Cash from Investing Activities | -80.19 | -75.84 | -46.98 | -251.34 |
| Cash from Financing Activities | -39.50 | -41.95 | -42.91 | 29.18 |
| Net Increase/Decrease in Cash | 5.74 | 0.08 | -1.83 | -2.89 |