Annual Secretarial Compliance for FY 2025-26
Announcement under regulation 30 (LODR) - Earnings Call Transcript
Dear Sir/Madam, Please find the attachment herewith News Paper Publication
Audio recording of earning call for Q4 & FY 26 held today i.e. on 22nd May, 2026
Please find the attachment herewith
The Board of Directors has Recommended Interim Dividend is Rs. 1.50 (i.e. 75%) per equity share having face value of Rs.2/- Each for the Financial Year 2025-26
Financial Result For the Quarter And Year Ended 31st March 2026
Pursuant to Regulation 30 and 43 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(SEBI LODR), we hereby inform you that Board of Directors at its meeting held today i.e. Thursday, 21st May, 2026, has considered and approved the Statement of Standalone and Consolidated Unaudited Financial Results for the quarter ended 31st March, 2026 and Standalone and Consolidated Audited Financial Results for the Financial Year ended 31st March, 2026.
In accordance with Regulation 30 and Para A of Part A of Schedule III of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that conference call to discuss Q4 FY26 Results of the Company with investors and analysts will be held on Friday, May 22, 2026 at 3.00 PM (IST). A copy of the invite for the said earning conference call is attached herewith. The Company's management will be represented by Mr. Gnanesh (Sunil) Gala - Managing Director, Mr. Kalpesh Dedhia - Chief Financial Officer, and Mr. Roomy Mistry - Head Investor Relations. Kindly note that the above conference call is subject to change due to any exigencies. You are requested to take note of the above.
Dear Sir/Madam, It is hereby informed that a meeting of Board of Directors of the Company is scheduled to be held on Thursday, 21st May, 2026, inter-alia, to : 1. consider, approve and take on record the Standalone and Consolidated Un-audited Financial Results of the Company for the quarter ended 31st March, 2026 and the Standalone and Consolidated Audited Financial Results of the Company for the Financial Year ended 31st March, 2026; and 2. consider declaration of second interim dividend, if any, on the equity shares of the Company for the Financial Year 2025-26. As communicated earlier vide our Letter No. NEL/140/2026 dated 31st March, 2026 the Trading Window for dealing in shares of the Company is closed from 1st April, 2026 till the end of 48 hours after the outcome of the above-mentioned meeting of the Board of Directors of the Company is announced/made public. You are requested to take note of the above.
| 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 | 791.45 | 265.78 | 258.76 | 435.28 | 797.81 | 271.79 | 282.34 | 433.78 | 794.00 | 247.00 | 250.00 | 4.30 |
| YOY Revenue Growth % | 14.08% | -19.41% | -2.08% | 6.42% | 0.8% | 2.26% | 9.11% | -0.34% | -0.48% | -9.12% | -11.45% | -99.01% |
| Other Income | 3.52 | 2.22 | 3.08 | 45.90 | 8.10 | 10.74 | 2.38 | 2.87 | 8.00 | 4.00 | 7.00 | 0.06 |
| Total Income | 794.97 | 268.00 | 261.84 | 481.18 | 805.91 | 282.53 | 284.72 | 436.65 | 802.00 | 251.00 | 257.00 | 4.36 |
| Total Expenses + | 603.05 | 284.48 | 274.77 | 375.16 | 599.73 | 288.49 | 285.29 | 378.46 | 590.00 | 268.00 | 283.00 | 4.03 |
| Cost of Materials Consumed | 237.85 | 166.95 | 173.36 | 242.26 | 237.30 | 145.75 | 185.85 | 271.05 | 218.00 | 131.00 | 155.00 | 2.77 |
| Employee Benefit Expense | 62.93 | 64.29 | 63.18 | 67.41 | 70.97 | 67.01 | 67.48 | 73.63 | 76.00 | 70.00 | 73.00 | 0.80 |
| Other Expenses | 96.95 | 70.31 | 61.91 | 86.83 | 102.33 | 71.80 | 80.05 | 97.59 | 110.00 | 75.00 | 81.00 | 1.09 |
| Operating Profit | 188.40 | -18.70 | -16.01 | 60.12 | 198.08 | -16.70 | -2.95 | 55.32 | 204.00 | -21.00 | -33.00 | 0.27 |
| OPM % | 23.8% | -7% | -6.2% | 13.8% | 24.8% | -6.1% | -1% | 12.8% | 25.7% | -8.5% | -13.2% | 6.3% |
| Profit Before Tax + | 191.92 | 51.68 | -18.68 | 58.47 | 866.70 | -5.97 | 24.91 | 55.12 | 212.00 | -17.00 | 215.00 | 0.47 |
| Tax Expense | 46.98 | 16.08 | 3.81 | 10.56 | 121.04 | -1.15 | 9.10 | 7.91 | 55.00 | -2.00 | 27.00 | 0.08 |
| Tax % | 24.5% | 31.1% | - | 18.1% | 14% | - | 36.5% | 14.4% | 25.9% | - | 12.6% | 17% |
| Profit After Tax | 144.94 | 35.60 | -22.49 | 47.91 | 745.66 | -4.81 | 15.81 | 47.21 | 157.00 | -15.00 | 188.00 | 0.39 |
| EPS (Basic) | 6.41 | 1.57 | -1.00 | 2.11 | 31.02 | -0.22 | 0.65 | 2.00 | 7.13 | -0.67 | 7.76 | 3.46 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 17.21 | 1,785.72 | 1,751.27 | 1,696.83 | 1,114.30 | 834.57 | 1,512.05 |
| YOY Revenue Growth % | -99.04% | 1.97% | 3.21% | 52.28% | 33.52% | -44.81% | - |
| Other Income | 0.28 | 24.08 | 13.41 | 14.74 | 18.81 | 13.65 | 22.42 |
| Total Income | 17.49 | 1,809.80 | 1,764.68 | 1,711.57 | 1,133.11 | 848.22 | 1,534.47 |
| Total Expenses + | 15.47 | 1,551.91 | 1,541.53 | 1,468.53 | 1,007.59 | 804.80 | 1,174.03 |
| Cost of Materials Consumed | 7.81 | 847.93 | 820.42 | 927.75 | 546.43 | 356.51 | 704.41 |
| Employee Benefit Expense | 2.99 | 279.09 | 257.81 | 232.15 | 183.91 | 164.09 | 180.12 |
| Other Expenses | 3.78 | 351.70 | 320.07 | 320.73 | 236.09 | 186.38 | 289.50 |
| Operating Profit | 1.74 | 233.81 | 209.74 | 228.30 | 106.71 | 29.77 | 338.02 |
| OPM % | 10.1% | 13.1% | 12% | 13.5% | 9.6% | 3.6% | 22.4% |
| Profit Before Exceptional | 2.02 | 257.89 | 223.15 | 243.04 | 125.52 | 43.42 | 271.92 |
| Exceptional Items | 2.55 | 682.93 | 67.43 | 54.93 | 64.33 | 45.33 | 0.00 |
| Profit Before Tax + | 4.57 | 940.82 | 290.58 | 297.97 | 189.85 | 88.75 | 271.92 |
| Tax Expense | 0.88 | 137.04 | 38.84 | 94.21 | 59.86 | 32.84 | 74.67 |
| Tax % | 19.3% | 14.6% | 13.4% | 31.6% | 31.5% | 37% | 27.5% |
| Profit After Tax | 3.69 | 803.78 | 251.74 | 203.76 | 129.99 | 55.91 | 197.25 |
| EPS (Basic) | 32.00 | 34.00 | 11.12 | 9.04 | 5.77 | 2.44 | 8.62 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 14.58 | 1,234.18 | 640.81 | 602.01 | 509.06 | 456.61 | 0.00 |
| Property, Plant & Equipment | 2.95 | 229.30 | 186.83 | 176.93 | 201.99 | 194.22 | 0.00 |
| Capital Work in Progress | 0.38 | 41.91 | 1.64 | 0.65 | 1.19 | 22.12 | 0.00 |
| Non-Current Investments | 9.71 | 743.28 | 78.38 | 130.34 | 46.50 | 4.44 | 0.00 |
| Goodwill | 0.24 | 23.94 | 23.94 | 23.94 | 23.94 | 43.30 | 0.00 |
| Other Intangible Assets | 0.16 | 21.81 | 27.21 | 30.32 | 22.50 | 22.91 | 0.00 |
| Current Assets + | 11.08 | 1,119.49 | 1,106.41 | 1,054.53 | 814.89 | 722.03 | 0.00 |
| Inventories | 6.28 | 635.80 | 638.79 | 624.71 | 469.59 | 415.62 | 0.00 |
| Trade Receivables | 3.37 | 347.54 | 367.33 | 331.38 | 242.18 | 184.50 | 0.00 |
| Cash and Cash Equivalents | 0.63 | 37.96 | 21.33 | 23.96 | 24.59 | 20.79 | 0.00 |
| Current Investments | 0.04 | 7.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 20.99 | 1,874.17 | 1,293.77 | 1,150.74 | 1,005.40 | 930.86 | 0.00 |
| Equity Share Capital | 0.44 | 44.24 | 45.24 | 45.24 | 45.24 | 45.77 | 0.00 |
| Other Equity | 19.98 | 1,790.16 | 1,248.16 | 1,105.07 | 958.28 | 884.70 | 0.00 |
| Non-Current Liabilities | 1.58 | 141.63 | 48.52 | 41.71 | 30.31 | 25.49 | 0.00 |
| Current Liabilities | 3.09 | 337.67 | 404.93 | 464.09 | 288.24 | 217.17 | 0.00 |
| Total Liabilities | 4.67 | 479.70 | 453.45 | 505.80 | 318.55 | 249.66 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 3.07 | 273.92 | 242.29 | -21.59 | 6.13 | 267.86 | 0.00 |
| Cash from Investing Activities | -0.96 | 114.98 | -73.02 | -85.95 | -24.14 | -40.13 | 0.00 |
| Cash from Financing Activities | -1.82 | -371.95 | -100.24 | 101.11 | 20.91 | -214.09 | 0.00 |
| Net Increase/Decrease in Cash | 0.29 | 16.95 | 69.03 | -6.43 | 2.90 | 13.64 | 0.00 |