The Company will carry out a planned Shutdown of its MBF Production Facility at Khardah Works Unit and Main Plant, from 14 June, 2026.
This is to inform that Mr. Ashutosh Agarwal, has tendered his resignation from the position of Whole-time Director and CFO of the Company.
This is to inform that Mr. Ashutosh Agarwal, has tendered his resignation from the position of Whole-time Director and CFO of the Company.
Annual Secretarial Compliance Report for the FY ended 31 March, 2026
Transcript of Earnings Call held on 18 May, 2026
Newspaper Publication in respect to the Financial Results for the quarter and year ended 31 March, 2026.
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Audio Link of Conference Call held on 18 May 2026.
Change in Directorate
Financial Results for the Quarter and Year ended 31 March, 2026
Presentation for Q4 & FY26 Earnings
| 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 | 1,494.92 | 1,870.22 | 1,796.57 | 1,776.30 | 1,832.02 | 1,692.16 | 1,656.24 | 1,562.55 | 1,402.11 | 1,192.32 | 1,241.57 | 1,196.54 |
| YOY Revenue Growth % | -13.52% | 10.17% | 3.97% | 0.82% | 22.55% | -9.52% | -7.81% | -12.03% | -23.47% | -29.54% | -25.04% | -23.42% |
| Other Income | 34.76 | 18.02 | 17.55 | 35.35 | 19.30 | 20.34 | 16.13 | 38.16 | 23.80 | 90.96 | 48.75 | 31.95 |
| Total Income | 1,529.68 | 1,888.24 | 1,814.12 | 1,811.64 | 1,851.32 | 1,712.50 | 1,672.36 | 1,600.71 | 1,425.90 | 1,283.28 | 1,290.32 | 1,228.49 |
| Total Expenses + | 1,425.08 | 1,640.75 | 1,479.37 | 1,568.79 | 1,564.37 | 1,508.86 | 1,465.59 | 1,451.35 | 1,308.93 | 1,181.30 | 1,278.24 | 1,236.17 |
| Cost of Materials Consumed | 867.69 | 936.51 | 772.34 | 936.49 | 1,028.38 | 881.83 | 860.25 | 873.84 | 845.43 | 643.32 | 567.97 | 679.05 |
| Employee Benefit Expense | 88.01 | 108.04 | 97.48 | 99.19 | 97.60 | 112.86 | 112.43 | 113.19 | 116.83 | 114.26 | 91.99 | 91.03 |
| Other Expenses | 428.57 | 456.87 | 429.16 | 531.51 | 455.13 | 454.17 | 453.58 | 477.77 | 419.19 | 361.02 | 306.10 | 397.45 |
| Operating Profit | 69.85 | 229.47 | 317.20 | 207.51 | 267.64 | 183.30 | 190.64 | 111.20 | 93.18 | 11.02 | -36.67 | -39.63 |
| OPM % | 4.7% | 12.3% | 17.7% | 11.7% | 14.6% | 10.8% | 11.5% | 7.1% | 6.6% | 0.9% | -3% | -3.3% |
| Profit Before Tax + | 104.61 | 247.49 | 334.75 | 242.85 | 286.95 | 203.64 | 206.77 | 149.36 | 116.98 | 101.98 | -26.30 | -7.68 |
| Tax Expense | 23.21 | 63.44 | 82.80 | 24.19 | 74.61 | 51.74 | 49.63 | -41.39 | 30.93 | 25.98 | -6.29 | 3.01 |
| Tax % | 22.2% | 25.6% | 24.7% | 10% | 26% | 25.4% | 24% | -27.7% | 26.4% | 25.5% | - | - |
| Profit After Tax | 81.40 | 184.05 | 251.94 | 218.66 | 212.34 | 151.89 | 157.14 | 190.75 | 86.04 | 75.99 | -20.01 | -10.69 |
| EPS (Basic) | 1.37 | 3.09 | 4.24 | 3.57 | 3.43 | 2.46 | 2.54 | 3.09 | 1.39 | 1.23 | -0.32 | -0.17 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 5,032.54 | 6,745.88 | 6,938.01 | 6,916.00 | 5,014.83 | 2,236.12 | 2,479.89 |
| YOY Revenue Growth % | -25.4% | -2.77% | 0.32% | 37.91% | 124.27% | -9.83% | - |
| Other Income | 195.46 | 93.93 | 105.67 | 96.52 | 80.33 | 48.56 | 41.82 |
| Total Income | 5,228.00 | 6,839.81 | 7,043.69 | 7,012.53 | 5,095.16 | 2,284.68 | 2,521.71 |
| Total Expenses + | 5,004.64 | 5,993.09 | 6,113.99 | 6,579.74 | 4,676.55 | 2,235.73 | 2,099.44 |
| Cost of Materials Consumed | 2,735.78 | 3,644.30 | 3,505.69 | 3,990.87 | 2,752.94 | 1,037.01 | 1,118.42 |
| Employee Benefit Expense | 414.11 | 436.08 | 392.72 | 358.10 | 325.91 | 170.56 | 171.93 |
| Other Expenses | 1,483.76 | 1,843.56 | 1,846.11 | 1,871.47 | 1,544.66 | 727.34 | 809.08 |
| Operating Profit | 27.90 | 752.79 | 824.02 | 336.26 | 338.27 | 0.39 | 380.45 |
| OPM % | 0.6% | 11.2% | 11.9% | 4.9% | 6.7% | 0% | 15.3% |
| Profit Before Exceptional | 223.36 | 846.72 | 929.70 | 432.78 | 418.60 | 48.95 | 123.54 |
| Exceptional Items | -38.38 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 184.98 | 846.72 | 929.70 | 432.78 | 418.60 | 48.95 | 123.54 |
| Tax Expense | 53.64 | 134.59 | 193.64 | 98.02 | 93.00 | 5.71 | 24.95 |
| Tax % | 29% | 15.9% | 20.8% | 22.6% | 22.2% | 11.7% | 20.2% |
| Profit After Tax | 131.34 | 712.12 | 736.05 | 334.76 | 325.60 | 43.24 | 98.59 |
| EPS (Basic) | 2.12 | 11.52 | 12.29 | 5.63 | 5.48 | 1.00 | 2.36 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 4,774.04 | 4,986.18 | 4,482.99 | 4,179.78 | 4,120.60 | 3,405.74 | 0.00 |
| Property, Plant & Equipment | 2,935.24 | 2,907.27 | 2,776.07 | 2,609.78 | 2,684.41 | 1,588.69 | 0.00 |
| Capital Work in Progress | 1,184.94 | 1,248.78 | 1,228.45 | 1,302.37 | 1,207.70 | 1,155.89 | 0.00 |
| Non-Current Investments | 46.46 | 49.33 | 60.01 | 65.94 | 95.06 | 45.72 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 33.98 | 39.29 | 42.54 | 34.85 | 3.37 | 24.48 | 0.00 |
| Current Assets + | 3,859.51 | 4,174.11 | 4,105.04 | 3,912.27 | 4,084.90 | 1,550.52 | 0.00 |
| Inventories | 1,600.50 | 1,883.87 | 1,738.11 | 1,693.73 | 1,833.58 | 669.86 | 0.00 |
| Trade Receivables | 1,222.93 | 1,712.42 | 1,562.44 | 1,309.53 | 1,041.89 | 538.54 | 0.00 |
| Cash and Cash Equivalents | 168.89 | 110.05 | 221.58 | 200.51 | 152.14 | 37.46 | 0.00 |
| Current Investments | 531.30 | 95.88 | 144.40 | 95.42 | 361.73 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 5,683.42 | 5,637.17 | 4,991.90 | 4,270.46 | 3,987.43 | 2,604.65 | 0.00 |
| Equity Share Capital | 61.82 | 61.82 | 61.82 | 59.46 | 59.46 | 43.30 | 0.00 |
| Other Equity | 5,621.60 | 5,575.35 | 4,930.08 | 4,210.99 | 3,927.97 | 2,561.36 | 0.00 |
| Non-Current Liabilities | 1,152.03 | 1,108.04 | 1,078.69 | 1,174.62 | 1,350.80 | 1,028.90 | 0.00 |
| Current Liabilities | 1,798.10 | 2,415.09 | 2,517.44 | 2,646.98 | 2,867.27 | 1,322.70 | 0.00 |
| Total Liabilities | 2,950.14 | 3,523.12 | 3,596.13 | 3,821.60 | 4,218.07 | 2,351.60 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 1,056.38 | 428.14 | 680.63 | 397.65 | -325.28 | 0.00 | 0.00 |
| Cash from Investing Activities | -170.85 | -127.95 | -9.35 | 206.93 | -306.45 | 0.00 | 0.00 |
| Cash from Financing Activities | -826.69 | -411.72 | -650.20 | -556.21 | 630.58 | 0.00 | 0.00 |
| Net Increase/Decrease in Cash | 58.84 | -111.53 | 21.07 | 48.37 | -1.14 | 0.00 | 0.00 |