Copy of Newspaper Advertisement for transfer of equity shares of the Company to Investor Education and Protection Fund Authority
Annual Secretarial Compliance under Regulation 24(A).
Transcript of the Earnings call in respect of the analyst/ Investor meet held on 21st May, 2026
Audio link on the earnings call on the financial results for the quarter and year ended 31st March, 2026
Investor Presentation
We enclosed herewith copies of newspaper advertisement published today in Business Standard and Navprabha in respect of the audited financial results for the quarter and year ended 31st March, 2026
Change in Senior Management Personnel
Re-appointment of Shri Sagar Jadhav as Executive Director for a period of three years w.e.f. 1st July, 2026
The Board of Directors at their meeting held today, have recommended a dividend @ 50% i.e. Rs. 5/- per share for the financial year ended 31st March, 2026
Results for Financial Year ended 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 | 555.29 | 501.75 | 488.05 | 553.98 | 585.14 | 582.96 | 558.05 | 480.08 | 470.05 | 465.34 | 465.32 | 524.27 |
| YOY Revenue Growth % | -15.86% | -11.84% | -5.84% | -8.43% | 5.38% | 16.19% | 14.34% | -13.34% | -19.67% | -20.18% | -16.62% | 9.21% |
| Other Income | 7.37 | 7.33 | 6.61 | 9.47 | 9.62 | 4.51 | 8.65 | 4.96 | 10.85 | 6.27 | 6.00 | 5.58 |
| Total Income | 562.66 | 509.08 | 494.65 | 563.46 | 594.76 | 587.47 | 566.70 | 485.03 | 480.89 | 471.61 | 471.31 | 529.85 |
| Total Expenses + | 514.46 | 495.11 | 514.62 | 552.04 | 549.02 | 551.04 | 531.29 | 458.29 | 491.71 | 469.60 | 480.63 | 480.37 |
| Cost of Materials Consumed | 489.81 | 407.98 | 433.35 | 417.59 | 450.05 | 481.48 | 397.37 | 384.59 | 373.16 | 407.02 | 346.18 | 366.67 |
| Employee Benefit Expense | 22.50 | 18.92 | 18.55 | 21.21 | 22.95 | 23.29 | 23.98 | 25.70 | 23.79 | 23.97 | 23.63 | 25.22 |
| Other Expenses | 42.19 | 44.80 | 44.38 | 47.39 | 47.42 | 53.48 | 45.12 | 56.24 | 65.28 | 62.89 | 46.97 | 49.16 |
| Operating Profit | 40.83 | 6.64 | -26.58 | 1.94 | 36.12 | 31.91 | 26.76 | 21.78 | -21.66 | -4.26 | -15.31 | 43.90 |
| OPM % | 7.4% | 1.3% | -5.4% | 0.4% | 6.2% | 5.5% | 4.8% | 4.5% | -4.6% | -0.9% | -3.3% | 8.4% |
| Profit Before Tax + | 48.20 | 13.96 | -19.97 | 11.42 | 45.75 | 36.43 | 35.41 | 26.74 | -10.81 | 2.01 | -9.31 | 49.48 |
| Tax Expense | 12.53 | 3.88 | -4.73 | 2.21 | 10.31 | 8.11 | 7.67 | 5.77 | -2.60 | 0.59 | -2.09 | 12.31 |
| Tax % | 26% | 27.8% | - | 19.4% | 22.5% | 22.3% | 21.6% | 21.6% | - | 29.3% | - | 24.9% |
| Profit After Tax | 35.66 | 10.08 | -15.24 | 9.21 | 35.43 | 28.31 | 27.75 | 20.98 | -8.21 | 1.42 | -7.22 | 37.17 |
| EPS (Basic) | 11.58 | 3.27 | -4.95 | 2.99 | 11.50 | 9.19 | 9.01 | 6.81 | -2.67 | 0.46 | -2.35 | 12.07 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,924.98 | 2,206.23 | 2,099.07 | 2,352.33 | 1,882.77 | 1,123.62 | 1,058.58 |
| YOY Revenue Growth % | -12.75% | 5.11% | -10.77% | 24.94% | 67.56% | 6.14% | - |
| Other Income | 28.69 | 27.74 | 30.78 | 22.22 | 9.14 | 4.74 | 6.40 |
| Total Income | 1,953.67 | 2,233.97 | 2,129.84 | 2,374.56 | 1,891.91 | 1,128.36 | 1,064.98 |
| Total Expenses + | 1,922.30 | 2,089.64 | 2,076.23 | 2,105.94 | 1,533.39 | 873.68 | 984.13 |
| Cost of Materials Consumed | 1,493.04 | 1,713.49 | 1,748.74 | 1,787.34 | 1,233.33 | 662.25 | 814.54 |
| Employee Benefit Expense | 96.61 | 95.92 | 81.18 | 81.75 | 75.14 | 70.70 | 60.16 |
| Other Expenses | 224.31 | 202.25 | 178.76 | 171.13 | 161.32 | 102.89 | 109.43 |
| Operating Profit | 2.68 | 116.59 | 22.83 | 246.40 | 349.37 | 249.93 | 74.45 |
| OPM % | 0.1% | 5.3% | 1.1% | 10.5% | 18.6% | 22.2% | 7% |
| Profit Before Exceptional | 31.36 | 144.33 | 53.61 | 268.62 | 358.52 | 254.67 | 32.37 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.62 | -0.29 |
| Profit Before Tax + | 31.36 | 144.33 | 53.61 | 268.62 | 358.52 | 254.05 | 32.08 |
| Tax Expense | 8.21 | 31.86 | 13.90 | 68.29 | 91.80 | 64.54 | 11.03 |
| Tax % | 26.2% | 22.1% | 25.9% | 25.4% | 25.6% | 25.4% | 34.4% |
| Profit After Tax | 23.16 | 112.47 | 39.71 | 200.33 | 266.72 | 189.52 | 21.04 |
| EPS (Basic) | 7.52 | 36.52 | 12.89 | 65.05 | 86.60 | 61.54 | 6.83 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 1,334.70 | 1,261.75 | 1,257.59 | 1,151.84 | 922.60 | 876.87 | 0.00 |
| Property, Plant & Equipment | 911.28 | 972.23 | 984.44 | 709.74 | 733.34 | 698.26 | 0.00 |
| Capital Work in Progress | 173.09 | 40.95 | 3.04 | 232.33 | 18.11 | 40.58 | 0.00 |
| Non-Current Investments | 123.05 | 159.03 | 163.38 | 162.21 | 50.92 | 48.20 | 0.00 |
| Goodwill | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 0.00 |
| Other Intangible Assets | 45.19 | 41.57 | 43.31 | 5.05 | 0.33 | 0.26 | 0.00 |
| Current Assets + | 875.12 | 906.01 | 836.26 | 797.59 | 691.85 | 406.96 | 0.00 |
| Inventories | 206.86 | 293.83 | 199.63 | 164.95 | 152.10 | 143.84 | 0.00 |
| Trade Receivables | 350.31 | 285.29 | 336.66 | 324.55 | 346.77 | 198.75 | 0.00 |
| Cash and Cash Equivalents | 0.40 | 16.85 | 1.28 | 10.76 | 6.24 | 7.49 | 0.00 |
| Current Investments | 72.47 | 83.04 | 88.64 | 106.52 | 72.54 | 10.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 1,320.50 | 1,327.44 | 1,239.40 | 1,230.64 | 1,061.09 | 818.12 | 0.00 |
| Equity Share Capital | 30.80 | 30.80 | 30.80 | 30.80 | 30.80 | 30.80 | 0.00 |
| Other Equity | 1,289.70 | 1,296.64 | 1,208.61 | 1,199.84 | 1,030.29 | 787.32 | 0.00 |
| Non-Current Liabilities | 320.71 | 271.44 | 328.68 | 263.05 | 196.65 | 172.85 | 0.00 |
| Current Liabilities | 568.61 | 568.89 | 525.77 | 455.74 | 356.72 | 292.85 | 0.00 |
| Total Liabilities | 889.32 | 840.33 | 854.44 | 718.79 | 553.36 | 465.70 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 101.80 | 264.56 | 37.23 | 233.63 | 155.37 | 0.00 | 0.00 |
| Cash from Investing Activities | -71.05 | -87.64 | -115.49 | -249.35 | -149.79 | 0.00 | 0.00 |
| Cash from Financing Activities | -95.88 | -136.07 | 47.93 | 20.61 | -13.53 | 0.00 | 0.00 |
| Net Increase/Decrease in Cash | -65.12 | 40.87 | -30.33 | 4.89 | -7.94 | 0.00 | 0.00 |