Appointment of Internal Auditors
Appointment of cost auditors
Appointment of Director
Results for the quarter and financial year ended 31st March 2026
the Audited Financial Results for the quarter and year ended on March 31, 2026
We regret to inform you of the sad demise of Mr. Raghuraj Suresh Bhalerao, Independent Director
Compliance Certificate under Reg. 74 of SEBI (DP) Regulations, 2018
Closure of Trading Window
Results for the quarter ended December 31, 2025
Trading Approval
| 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 | 57.82 | 18.93 | 75.74 | 224.63 | 19.71 | 11.61 | 109.53 | 195.26 | 27.85 | 13.56 | 81.17 | 243.81 |
| YOY Revenue Growth % | 15.37% | 55.92% | -23.81% | -0.89% | -65.9% | -38.67% | 44.62% | -13.08% | 41.28% | 16.84% | -25.9% | 24.86% |
| Other Income | 0.01 | 0.00 | 0.12 | 0.36 | 0.02 | 0.03 | 0.28 | 5.39 | 0.02 | 0.01 | 0.32 | 0.28 |
| Total Income | 57.83 | 18.93 | 75.86 | 224.99 | 19.73 | 11.63 | 109.81 | 200.65 | 27.87 | 13.57 | 81.49 | 244.08 |
| Total Expenses + | 68.67 | 35.98 | 74.55 | 191.37 | 37.42 | 32.97 | 108.57 | 161.79 | 46.47 | 34.78 | 87.17 | 197.58 |
| Cost of Materials Consumed | 0.33 | 0.00 | 116.17 | 122.72 | 0.21 | 0.00 | 135.98 | 118.74 | 0.29 | 0.00 | 140.71 | 137.21 |
| Employee Benefit Expense | 5.57 | 5.47 | 5.86 | 6.72 | 5.83 | 5.62 | 6.37 | 6.16 | 5.59 | 6.35 | 6.26 | 7.12 |
| Other Expenses | 5.34 | 6.73 | 13.14 | 19.84 | 5.74 | 6.56 | 16.10 | 14.95 | 6.31 | 6.22 | 12.79 | 18.10 |
| Operating Profit | -10.86 | -17.05 | 1.19 | 33.26 | -17.71 | -21.36 | 0.96 | 33.46 | -18.62 | -21.22 | -6.01 | 46.23 |
| OPM % | -18.8% | -90.1% | 1.6% | 14.8% | -89.8% | -184% | 0.9% | 17.1% | -66.9% | -156.5% | -7.4% | 19% |
| Profit Before Tax + | -10.85 | -17.05 | 1.32 | 33.62 | -17.69 | -21.33 | 1.24 | 38.85 | -18.60 | -21.21 | -5.68 | 46.50 |
| Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax % | - | - | 0% | 0% | - | - | 0% | 0% | - | - | - | 0% |
| Profit After Tax | -10.85 | -17.05 | 1.32 | 33.62 | -17.69 | -21.33 | 1.24 | 38.85 | -18.60 | -21.21 | -5.68 | 46.50 |
| EPS (Basic) | -2.48 | -3.07 | 0.21 | 5.19 | -2.73 | -3.21 | 0.18 | 5.29 | -2.50 | -2.86 | -0.76 | 6.26 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 366.38 | 336.11 | 377.11 | 388.31 | 360.70 | 247.88 |
| YOY Revenue Growth % | 9.01% | -10.87% | -2.89% | 7.66% | 45.51% | - |
| Other Income | 0.63 | 5.72 | 0.49 | 0.55 | 0.50 | 0.22 |
| Total Income | 367.02 | 341.82 | 377.61 | 388.86 | 361.20 | 248.10 |
| Total Expenses + | 366.01 | 340.75 | 370.57 | 380.40 | 369.62 | 276.56 |
| Cost of Materials Consumed | 278.21 | 254.94 | 239.22 | 286.69 | 256.74 | 168.85 |
| Employee Benefit Expense | 25.31 | 23.99 | 23.61 | 22.09 | 20.20 | 18.54 |
| Other Expenses | 43.43 | 43.35 | 45.05 | 47.68 | 56.59 | 32.97 |
| Operating Profit | 0.38 | -4.64 | 6.54 | 7.92 | -8.92 | -28.68 |
| OPM % | 0.1% | -1.4% | 1.7% | 2% | -2.5% | -11.6% |
| Profit Before Exceptional | 1.01 | 1.07 | 7.04 | 8.47 | -8.42 | -28.46 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 25.86 | 0.00 | 0.00 |
| Profit Before Tax + | 1.01 | 1.07 | 7.04 | 34.32 | -8.42 | -28.46 |
| Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax % | 0% | 0% | 0% | 0% | - | - |
| Profit After Tax | 1.01 | 1.07 | 7.04 | 34.32 | -8.42 | -28.46 |
| EPS (Basic) | 0.14 | 0.16 | 0.93 | 7.85 | -1.93 | -6.51 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 354.51 | 109.44 | 101.28 | 100.36 | 90.61 | 87.80 |
| Property, Plant & Equipment | 328.77 | 91.05 | 91.73 | 94.22 | 89.61 | 86.43 |
| Capital Work in Progress | 0.15 | 0.10 | 0.26 | 0.01 | 0.00 | 0.55 |
| Non-Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 + | 103.13 | 100.64 | 88.70 | 96.72 | 115.63 | 94.96 |
| Inventories | 66.16 | 57.89 | 50.39 | 72.98 | 61.13 | 57.60 |
| Trade Receivables | 6.18 | 7.82 | 16.59 | 14.08 | 38.93 | 22.41 |
| Cash and Cash Equivalents | 0.07 | 3.29 | 0.01 | 0.62 | 0.36 | 0.92 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 81.49 | -84.72 | -91.88 | -124.19 | -162.23 | -153.05 |
| Equity Share Capital | 74.30 | 74.30 | 64.80 | 43.70 | 43.70 | 43.70 |
| Other Equity | 7.19 | -159.02 | -156.68 | -167.89 | -205.93 | -196.75 |
| Non-Current Liabilities | 208.46 | 164.09 | 134.87 | 103.63 | 80.80 | 81.57 |
| Current Liabilities | 167.70 | 130.71 | 147.00 | 217.65 | 287.66 | 254.24 |
| Total Liabilities | 376.15 | 294.80 | 281.87 | 321.28 | 368.47 | 335.81 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 52.08 | 6.31 | 23.56 | 43.40 | 55.18 | 14.76 |
| Cash from Investing Activities | -4.22 | -6.32 | -4.41 | -10.56 | -15.06 | -0.93 |
| Cash from Financing Activities | -51.09 | 2.30 | -18.77 | -32.57 | -40.67 | -14.62 |
| Net Increase/Decrease in Cash | 0.07 | 2.30 | 0.38 | 0.26 | -0.56 | -0.79 |