Pl. find Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulation 2015 for the year ended March 31, 2026
pl. find news paper publication for audited standalone and consolidated financial results for the quarter and year ended March 31, 2026
Board has decided to close the register and share transfer book from August 21, 2026 to August 31, 2026 both days inclusive for the purpose of 41st AGM and entitlement of dividend
Recommendation of Final Dividend at the rate of 50% Rs. 1 per Equity share subject to approval of shareholders
Audited Standalone and consolidated financial results for the quarter and year ended March 31, 2026
Outcome of Board Meeting
Audited Standalone and consolidated Financial Results for the quarter and year ended March 31, 2026
Clarification on price movement
Pursuant to Regulation 30 of SEBI Listing Regulation 2015, we would like to inform that the company has been awarded business from Honda Motorcycle and scooter India Pvt. Ltd.
| 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 | 370.38 | 397.43 | 276.40 | 278.22 | 318.17 | 330.37 | 309.79 | 312.20 | 296.76 | 374.44 | 386.08 | 381.30 |
| YOY Revenue Growth % | -9.42% | -10.56% | -28.43% | -18.65% | -14.1% | -16.87% | 12.08% | 12.21% | -6.73% | 13.34% | 24.63% | 22.13% |
| Other Income | 10.78 | 7.76 | 10.41 | 8.39 | 13.04 | 11.73 | 2.67 | 2.82 | 12.57 | 10.63 | 5.88 | 5.78 |
| Total Income | 381.16 | 405.19 | 286.80 | 286.61 | 331.20 | 342.10 | 312.47 | 315.01 | 309.33 | 385.07 | 391.96 | 387.07 |
| Total Expenses + | 367.37 | 387.94 | 269.99 | 272.23 | 315.70 | 325.44 | 310.83 | 309.69 | 299.89 | 381.38 | 376.41 | 381.95 |
| Cost of Materials Consumed | 315.43 | 335.60 | 219.20 | 208.36 | 260.46 | 262.32 | 247.93 | 229.08 | 242.52 | 302.94 | 308.71 | 304.58 |
| Employee Benefit Expense | 19.60 | 19.38 | 18.15 | 20.79 | 21.67 | 23.07 | 19.72 | 20.63 | 21.85 | 21.73 | 21.72 | 22.54 |
| Other Expenses | 27.14 | 28.56 | 30.05 | 30.26 | 33.44 | 37.64 | 39.79 | 41.45 | 32.43 | 49.76 | 40.27 | 49.18 |
| Operating Profit | 3.00 | 9.49 | 6.41 | 5.99 | 2.46 | 4.93 | -1.04 | 2.50 | -3.13 | -6.93 | 9.67 | -0.66 |
| OPM % | 0.8% | 2.4% | 2.3% | 2.2% | 0.8% | 1.5% | -0.3% | 0.8% | -1.1% | -1.9% | 2.5% | -0.2% |
| Profit Before Tax + | 13.79 | 17.25 | 16.81 | 14.38 | 15.50 | 16.66 | 1.63 | 5.32 | 9.44 | 3.69 | 14.33 | 4.82 |
| Tax Expense | 4.78 | 5.77 | 5.48 | 6.66 | 1.17 | 1.58 | 4.32 | 1.34 | 1.07 | -2.64 | 3.35 | 2.96 |
| Tax % | 34.7% | 33.4% | 32.6% | 46.3% | 7.5% | 9.5% | 264.2% | 25.2% | 11.3% | -71.5% | 23.4% | 61.4% |
| Profit After Tax | 9.00 | 11.48 | 11.33 | 7.72 | 14.33 | 15.08 | -2.68 | 3.98 | 8.37 | 6.34 | 10.98 | 1.86 |
| EPS (Basic) | 0.90 | 1.15 | 1.13 | 0.77 | 1.43 | 1.51 | -0.27 | 0.40 | 0.84 | 0.63 | 1.10 | 0.19 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,438.58 | 1,270.52 | 1,322.42 | 1,581.46 | 1,706.55 | 1,993.71 | 1,139.62 |
| YOY Revenue Growth % | 13.23% | -3.92% | -16.38% | -7.33% | -14.4% | 74.95% | - |
| Other Income | 23.76 | 19.51 | 37.34 | 13.59 | 9.14 | 9.57 | 8.60 |
| Total Income | 1,462.34 | 1,290.03 | 1,359.77 | 1,595.04 | 1,715.70 | 2,003.28 | 1,148.21 |
| Total Expenses + | 1,428.54 | 1,250.92 | 1,297.53 | 1,549.91 | 1,685.65 | 1,970.53 | 1,088.13 |
| Cost of Materials Consumed | 1,158.45 | 999.79 | 1,078.59 | 1,348.53 | 1,500.48 | 1,789.69 | 894.84 |
| Employee Benefit Expense | 87.83 | 85.09 | 77.92 | 68.97 | 58.27 | 60.30 | 79.55 |
| Other Expenses | 160.54 | 141.57 | 116.02 | 109.25 | 93.00 | 96.69 | 113.74 |
| Operating Profit | 10.04 | 19.61 | 24.89 | 31.54 | 20.90 | 23.17 | 51.48 |
| OPM % | 0.7% | 1.5% | 1.9% | 2% | 1.2% | 1.2% | 4.5% |
| Profit Before Exceptional | 33.81 | 39.11 | 62.23 | 45.13 | 30.04 | 32.75 | 6.85 |
| Exceptional Items | -1.52 | 0.00 | 0.00 | 47.16 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 32.28 | 39.11 | 62.23 | 92.30 | 30.04 | 32.75 | 6.85 |
| Tax Expense | 4.73 | 8.41 | 22.76 | 26.57 | 9.24 | 11.72 | 1.91 |
| Tax % | 14.7% | 21.5% | 36.6% | 28.8% | 30.7% | 35.8% | 27.9% |
| Profit After Tax | 27.55 | 30.71 | 39.47 | 65.73 | 20.81 | 21.03 | 4.94 |
| EPS (Basic) | 2.75 | 3.07 | 3.95 | 6.57 | 2.08 | 2.10 | 0.49 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 300.12 | 285.64 | 254.50 | 256.49 | 261.24 | 291.58 | 0.00 |
| Property, Plant & Equipment | 190.23 | 188.27 | 176.39 | 175.36 | 187.60 | 198.27 | 0.00 |
| Capital Work in Progress | 6.55 | 18.14 | 8.51 | 8.17 | 0.52 | 1.16 | 0.00 |
| Non-Current Investments | 30.02 | 30.02 | 30.02 | 30.02 | 30.02 | 30.02 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 19.34 | 21.42 | 11.54 | 14.24 | 12.24 | 1.48 | 0.00 |
| Current Assets + | 476.53 | 389.26 | 429.01 | 510.18 | 497.70 | 476.73 | 0.00 |
| Inventories | 70.78 | 56.14 | 45.94 | 43.67 | 41.11 | 56.00 | 0.00 |
| Trade Receivables | 267.87 | 187.35 | 195.83 | 347.95 | 329.42 | 372.12 | 0.00 |
| Cash and Cash Equivalents | 11.57 | 6.31 | 5.35 | 8.04 | 2.36 | 15.20 | 0.00 |
| Current Investments | 116.33 | 128.71 | 170.75 | 104.49 | 117.62 | 26.33 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 436.59 | 418.75 | 410.19 | 392.56 | 336.33 | 315.36 | 0.00 |
| Equity Share Capital | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 0.00 |
| Other Equity | 416.59 | 398.75 | 390.19 | 372.56 | 316.33 | 295.36 | 0.00 |
| Non-Current Liabilities | 71.26 | 66.40 | 41.96 | 37.17 | 45.28 | 68.87 | 0.00 |
| Current Liabilities | 268.81 | 189.74 | 243.01 | 348.57 | 390.86 | 390.98 | 0.00 |
| Total Liabilities | 340.06 | 256.14 | 284.97 | 385.75 | 436.15 | 459.85 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 24.05 | -18.61 | 91.93 | -20.12 | 105.39 | 35.84 | 0.00 |
| Cash from Investing Activities | -7.31 | 14.25 | -52.43 | 59.36 | -89.15 | -6.12 | 0.00 |
| Cash from Financing Activities | -11.48 | 5.32 | -42.19 | -33.36 | -29.07 | -30.08 | 0.00 |
| Net Increase/Decrease in Cash | 5.26 | 0.96 | -2.69 | 5.88 | -12.83 | -0.36 | 0.00 |