Earnings Call Transcript
Earnings Call Recording
Investor Presentation - Q4 & FY26
The Board has recommedned a final dividend of Rs. 8 per share subject to the approval of Shareholders of the Company.
Outcome of Board Meeting
Earnings Call on Wednesday, 20th May 2026 at 03:30 PM IST, to discuss Operational and Financial performance for Q4 & FY26
(1) Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and year ended 31st March, 2026. (2) Recommend final dividend, if any, on the equity share capital of the Company for the financial year 2025-26
| 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 | 88.78 | 92.74 | 81.10 | 88.01 | 81.40 | 92.14 | 97.15 | 98.88 | 110.10 | 122.66 | 115.57 | 147.47 |
| YOY Revenue Growth % | -64.1% | 23.82% | 6.53% | 3.86% | -8.31% | -0.65% | 19.79% | 12.35% | 35.26% | 33.12% | 18.96% | 49.14% |
| Other Income | 2.41 | 1.59 | 4.25 | 194.83 | 3.59 | 5.26 | 1.83 | 3.38 | 4.74 | 4.15 | 21.59 | -2.22 |
| Total Income | 91.19 | 94.33 | 85.35 | 282.84 | 84.99 | 97.40 | 98.98 | 102.26 | 114.84 | 126.81 | 137.16 | 145.25 |
| Total Expenses + | 72.09 | 72.83 | 67.71 | 87.03 | 71.78 | 77.44 | 84.52 | 91.10 | 99.04 | 107.31 | 102.60 | 118.67 |
| Cost of Materials Consumed | 22.21 | 21.53 | 19.01 | 19.99 | 22.09 | 21.90 | 27.52 | 31.00 | 31.87 | 34.27 | 36.57 | 33.97 |
| Employee Benefit Expense | 23.36 | 24.66 | 22.84 | 20.69 | 22.84 | 23.48 | 25.52 | 26.20 | 29.17 | 28.03 | 30.05 | 32.91 |
| Other Expenses | 21.76 | 20.36 | 20.53 | 41.07 | 23.00 | 24.42 | 27.19 | 28.09 | 32.94 | 34.87 | 36.27 | 37.74 |
| Operating Profit | 16.69 | 19.91 | 13.39 | 0.98 | 9.62 | 14.70 | 12.63 | 7.78 | 11.06 | 15.35 | 12.97 | 28.80 |
| OPM % | 18.8% | 21.5% | 16.5% | 1.1% | 11.8% | 16% | 13% | 7.9% | 10% | 12.5% | 11.2% | 19.5% |
| Profit Before Tax + | 19.10 | 21.50 | 17.64 | 195.81 | 13.21 | 19.96 | 14.46 | 11.16 | 15.80 | 19.50 | 34.56 | 26.58 |
| Tax Expense | 4.84 | 5.45 | 4.49 | 19.19 | 3.45 | 4.87 | -1.67 | 2.92 | 3.90 | 5.06 | 4.11 | 6.79 |
| Tax % | 25.3% | 25.3% | 25.5% | 9.8% | 26.1% | 24.4% | -11.5% | 26.2% | 24.7% | 25.9% | 11.9% | 25.5% |
| Profit After Tax | 14.26 | 16.05 | 13.15 | 176.62 | 9.76 | 15.09 | 16.13 | 8.24 | 11.90 | 14.44 | 30.45 | 19.79 |
| EPS (Basic) | 11.37 | 12.80 | 10.49 | 140.87 | 7.79 | 12.07 | 12.97 | 6.64 | 9.68 | 11.75 | 24.76 | 16.09 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 495.80 | 369.57 | 350.63 | 304.81 | 217.96 | 146.89 | 180.59 |
| YOY Revenue Growth % | 34.16% | 5.4% | 15.03% | 39.85% | 48.38% | -18.66% | - |
| Other Income | 28.26 | 14.07 | 203.07 | 58.80 | 5.51 | 2.52 | 5.27 |
| Total Income | 524.06 | 383.64 | 553.70 | 363.61 | 223.47 | 149.41 | 185.86 |
| Total Expenses + | 427.60 | 324.84 | 299.68 | 274.37 | 196.97 | 144.26 | 151.33 |
| Cost of Materials Consumed | 136.68 | 102.51 | 82.74 | 77.57 | 57.57 | 35.23 | 45.22 |
| Employee Benefit Expense | 120.15 | 98.05 | 91.56 | 101.60 | 64.91 | 49.70 | 55.31 |
| Other Expenses | 141.81 | 102.68 | 103.71 | 75.57 | 55.64 | 35.66 | 50.80 |
| Operating Profit | 68.20 | 44.73 | 50.95 | 30.44 | 20.99 | 2.63 | 29.26 |
| OPM % | 13.8% | 12.1% | 14.5% | 10% | 9.6% | 1.8% | 16.2% |
| Profit Before Exceptional | 96.46 | 58.80 | 254.02 | 89.24 | 26.50 | 5.15 | 13.88 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 96.46 | 58.80 | 254.02 | 89.24 | 26.50 | 5.15 | 13.88 |
| Tax Expense | 19.86 | 9.56 | 33.96 | 20.01 | 5.90 | 1.76 | 4.75 |
| Tax % | 20.6% | 16.3% | 13.4% | 22.4% | 22.3% | 34.2% | 34.2% |
| Profit After Tax | 76.60 | 49.24 | 220.06 | 69.23 | 20.60 | 3.39 | 9.13 |
| EPS (Basic) | 62.28 | 39.68 | 175.52 | 54.49 | 16.31 | 2.91 | 7.84 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 391.51 | 377.33 | 308.76 | 290.29 | 248.12 | 216.17 | 0.00 |
| Property, Plant & Equipment | 148.71 | 170.59 | 101.78 | 102.92 | 92.63 | 90.82 | 0.00 |
| Capital Work in Progress | 3.91 | 12.32 | 34.32 | 9.40 | 2.27 | 1.13 | 0.00 |
| Non-Current Investments | 186.61 | 164.83 | 137.59 | 146.13 | 137.79 | 107.46 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 32.17 | 0.52 | 10.00 | 8.00 | 9.54 | 10.86 | 0.00 |
| Current Assets + | 233.51 | 166.62 | 256.97 | 123.11 | 102.94 | 83.55 | 0.00 |
| Inventories | 77.22 | 56.45 | 45.70 | 39.08 | 27.90 | 26.49 | 0.00 |
| Trade Receivables | 103.28 | 67.63 | 51.51 | 60.02 | 45.15 | 31.60 | 0.00 |
| Cash and Cash Equivalents | 13.77 | 2.45 | 136.05 | 5.05 | 13.29 | 10.64 | 0.00 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 383.93 | 331.39 | 397.08 | 253.23 | 215.92 | 173.07 | 0.00 |
| Equity Share Capital | 12.39 | 12.39 | 12.62 | 12.62 | 12.82 | 11.74 | 0.00 |
| Other Equity | 371.54 | 319.00 | 384.46 | 240.61 | 203.10 | 161.33 | 0.00 |
| Non-Current Liabilities | 86.82 | 93.06 | 41.63 | 46.95 | 47.49 | 52.98 | 0.00 |
| Current Liabilities | 154.27 | 119.50 | 127.02 | 113.22 | 87.65 | 73.67 | 0.00 |
| Total Liabilities | 241.09 | 212.56 | 168.65 | 160.17 | 135.14 | 126.65 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 46.07 | 15.95 | 79.73 | 40.21 | 40.90 | 0.00 | 0.00 |
| Cash from Investing Activities | -2.46 | -48.98 | 149.78 | -16.11 | -41.59 | 0.00 | 0.00 |
| Cash from Financing Activities | -32.29 | -100.56 | -98.50 | -32.41 | 3.34 | 0.00 | 0.00 |
| Net Increase/Decrease in Cash | 11.32 | -133.60 | 131.01 | -8.31 | 2.65 | 0.00 | 0.00 |