Transcript of the Earnings Call held on May 27, 2026
Annual Secretarial Compliance Report for FY 2025-26
Newspaper Publication of Audited Financial Results for the Quarter and Year ended 31st March 2026
Audio Recording of Conference Call (Q4 FY 26 Financial Results)
Investor Presentation on the Audited Financial Results of the Company for the Quarter and Financial Year ended 31st March, 2026
The Board have recommended a final dividend of Rs. 2 (100%) per equity share of Rs. 2/- each and a special dividend of Rs. 0.75 (37.50%) per equity share of Rs. 2/- each, aggregating to Rs. 2.75 (137.50%) per equity share of Rs, 2/- each for the year ended March 31, 2026, subject to approval of Members at the ensuing 45th Annual General Meeting of the Company.
Re-appointment of the Cost Auditors and the Internal Auditors of the Company for the Financial Year 2026-27
The Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Financial Year ended 31st March, 2026
Outcome of Board Meeting Held on 26th May, 2026
Intimation of Conference Call to discuss Q4FY26 Financial Results
| 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 | 1,179.17 | 883.15 | 1,019.69 | 1,235.42 | 1,140.49 | 828.43 | 1,001.24 | 1,171.81 | 1,043.15 | 858.74 | 897.66 | 1,313.88 |
| YOY Revenue Growth % | -0.89% | -6.16% | -9.34% | 8.27% | -3.28% | -6.2% | -1.81% | -5.15% | -8.53% | 3.66% | -10.35% | 12.12% |
| Other Income | 40.26 | 61.35 | 35.12 | 43.79 | 54.90 | 82.62 | 48.42 | 64.57 | 64.68 | 57.75 | 52.49 | 36.44 |
| Total Income | 1,219.43 | 944.50 | 1,054.81 | 1,279.21 | 1,195.39 | 911.05 | 1,049.66 | 1,236.38 | 1,107.83 | 916.49 | 950.15 | 1,350.32 |
| Total Expenses + | 1,070.11 | 820.01 | 935.02 | 1,060.48 | 966.57 | 851.09 | 955.13 | 1,033.61 | 981.68 | 760.31 | 804.09 | 1,015.82 |
| Cost of Materials Consumed | 676.10 | 654.47 | 740.26 | 674.35 | 595.30 | 564.52 | 734.94 | 727.19 | 629.12 | 659.08 | 678.01 | 631.77 |
| Employee Benefit Expense | 51.88 | 50.27 | 52.57 | 56.67 | 57.58 | 56.45 | 57.00 | 51.25 | 58.35 | 52.01 | 70.27 | 61.97 |
| Other Expenses | 194.33 | 199.34 | 195.00 | 195.92 | 207.68 | 180.31 | 202.32 | 181.40 | 188.37 | 184.33 | 189.38 | 233.64 |
| Operating Profit | 109.06 | 63.14 | 84.67 | 174.94 | 173.92 | -22.66 | 46.11 | 138.20 | 61.47 | 98.43 | 93.57 | 298.06 |
| OPM % | 9.2% | 7.1% | 8.3% | 14.2% | 15.2% | -2.7% | 4.6% | 11.8% | 5.9% | 11.5% | 10.4% | 22.7% |
| Profit Before Tax + | 149.32 | 124.49 | 119.79 | 218.73 | 645.81 | 59.96 | 94.53 | 202.77 | 126.15 | 156.18 | 146.06 | 334.50 |
| Tax Expense | 33.99 | 26.53 | 24.39 | 53.83 | 145.08 | 19.29 | 0.51 | 38.19 | 27.99 | 32.62 | 29.98 | 73.25 |
| Tax % | 22.8% | 21.3% | 20.4% | 24.6% | 22.5% | 32.2% | 0.5% | 18.8% | 22.2% | 20.9% | 20.5% | 21.9% |
| Profit After Tax | 115.33 | 97.96 | 95.40 | 164.90 | 500.73 | 40.67 | 94.02 | 164.58 | 98.16 | 123.56 | 116.08 | 261.25 |
| EPS (Basic) | 1.86 | 1.58 | 1.54 | 2.67 | 8.10 | 0.66 | 1.52 | 2.66 | 1.59 | 2.00 | 1.88 | 4.23 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 4,113.43 | 4,141.97 | 4,317.43 | 4,397.05 | 4,647.32 | 3,462.82 | 2,985.98 |
| YOY Revenue Growth % | -0.69% | -4.06% | -1.81% | -5.39% | 34.21% | 15.97% | - |
| Other Income | 211.36 | 246.63 | 179.95 | 120.92 | 82.23 | 71.55 | 29.91 |
| Total Income | 4,324.79 | 4,388.60 | 4,497.38 | 4,517.97 | 4,729.55 | 3,534.37 | 3,015.89 |
| Total Expenses + | 3,561.90 | 3,802.52 | 3,885.05 | 4,220.94 | 3,721.07 | 2,558.50 | 2,632.95 |
| Cost of Materials Consumed | 2,597.98 | 2,621.95 | 2,744.92 | 2,903.15 | 2,801.75 | 1,940.24 | 2,037.71 |
| Employee Benefit Expense | 242.60 | 222.28 | 211.39 | 189.67 | 190.84 | 166.80 | 145.55 |
| Other Expenses | 795.72 | 767.83 | 784.28 | 842.77 | 583.68 | 377.95 | 449.69 |
| Operating Profit | 551.53 | 339.45 | 432.38 | 176.11 | 926.25 | 904.32 | 353.03 |
| OPM % | 13.4% | 8.2% | 10% | 4% | 19.9% | 26.1% | 11.8% |
| Profit Before Exceptional | 762.89 | 586.08 | 612.33 | 297.03 | 1,008.48 | 975.87 | 392.27 |
| Exceptional Items | 0.00 | 416.99 | 0.00 | 0.00 | 376.06 | 0.00 | 0.00 |
| Profit Before Tax + | 762.89 | 1,003.07 | 612.33 | 297.03 | 1,384.54 | 975.87 | 392.27 |
| Tax Expense | 163.84 | 203.04 | 138.74 | 46.33 | 333.20 | 238.08 | 59.61 |
| Tax % | 21.5% | 20.2% | 22.7% | 15.6% | 24.1% | 24.4% | 15.2% |
| Profit After Tax | 599.05 | 800.03 | 473.59 | 250.70 | 1,051.34 | 737.79 | 332.66 |
| EPS (Basic) | 9.69 | 12.94 | 7.66 | 4.04 | 16.94 | 11.89 | 26.81 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 3,627.00 | 3,906.10 | 3,855.58 | 3,392.70 | 2,299.41 | 2,306.03 | 0.00 |
| Property, Plant & Equipment | 1,006.16 | 987.10 | 1,041.08 | 1,037.57 | 992.33 | 1,001.29 | 0.00 |
| Capital Work in Progress | 27.85 | 73.17 | 18.87 | 43.82 | 9.46 | 8.15 | 0.00 |
| Non-Current Investments | 2,341.26 | 2,599.43 | 2,543.16 | 2,069.48 | 1,073.28 | 1,172.28 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 11.23 | 21.30 | 14.29 | 17.60 | 0.90 | 1.06 | 0.00 |
| Current Assets + | 3,968.57 | 3,475.83 | 3,199.39 | 2,892.37 | 3,045.96 | 1,987.85 | 0.00 |
| Inventories | 1,025.96 | 782.42 | 728.03 | 673.15 | 1,015.47 | 918.82 | 0.00 |
| Trade Receivables | 362.31 | 379.25 | 457.63 | 297.54 | 334.46 | 147.98 | 0.00 |
| Cash and Cash Equivalents | 31.40 | 44.39 | 2.15 | 8.56 | 23.55 | 31.40 | 0.00 |
| Current Investments | 1,000.00 | 1,000.00 | 1,000.00 | 1,000.00 | 1,000.00 | 506.94 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 6,214.71 | 6,096.87 | 5,634.27 | 4,903.07 | 3,927.81 | 3,138.96 | 0.00 |
| Equity Share Capital | 123.67 | 123.67 | 123.67 | 123.67 | 124.10 | 124.10 | 0.00 |
| Other Equity | 6,091.04 | 5,973.20 | 5,510.60 | 4,779.40 | 3,803.71 | 3,014.86 | 0.00 |
| Non-Current Liabilities | 261.24 | 307.40 | 320.05 | 246.01 | 218.71 | 218.76 | 0.00 |
| Current Liabilities | 1,119.62 | 977.66 | 1,103.53 | 1,135.99 | 1,198.85 | 936.16 | 0.00 |
| Total Liabilities | 1,380.86 | 1,285.06 | 1,423.58 | 1,382.00 | 1,417.56 | 1,154.92 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 191.75 | 382.68 | 353.30 | 301.69 | 621.99 | 676.22 | 0.00 |
| Cash from Investing Activities | -155.65 | 8.34 | -82.97 | -287.74 | -440.34 | -611.81 | 0.00 |
| Cash from Financing Activities | -49.09 | -348.78 | -276.74 | -28.94 | -189.50 | -90.30 | 0.00 |
| Net Increase/Decrease in Cash | -12.99 | 42.24 | -6.41 | -14.99 | -7.85 | 31.40 | 0.00 |