Ref your email dated May 30,2026. Additional information regarding resignation of Mr. Sumant Mimani independent director. Further corrected information about composition of Nomination and Remuneration Committee.
Intimation of submission of application for reclassification from Promoter and Promoter Group category to Public category in accordance with 31 A(8) (c)
Newspaper Publication for the Audited Financial Results for the quarter /year ended March 31,2026
The Board has recommended dividend @10% i.e Rs.0.20 per share.
The Board has considered and approved the request for re-classification of Promoters.
Resignation of Mr. Sumant Mimani ( DIN: 01251535) as Independent Director of the Company.
Resignation of Mr. Sumant Mimani ( DIN: 01251535) as Independent Director of the Company
Audited Financial Results for the year ended March 31,2026
Board has approved Audited financial Results for the year ended March 31,2026 and recommeded dividend.
Pursuant to Regulation 31 A(8) of the SEBI (LODR) Regulation,2015, it is hereby informed that the Company is in receipt of request letter from Members of Promoter and Promoter Group dated May 26, 2026 seeking re-classification from Promoter and Promoter Group category to Public Shareholders category.
| 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 | 154.73 | 89.50 | 115.65 | 30.19 | 31.50 | 42.28 | 51.31 | 47.51 | 36.90 | 9.45 | 17.66 | 15.22 |
| YOY Revenue Growth % | -19.28% | -32.7% | -7.19% | -80.61% | -79.64% | -52.76% | -55.64% | 57.37% | 17.12% | -77.66% | -65.58% | -67.97% |
| Other Income | 6.70 | 8.89 | 5.97 | 11.88 | 7.61 | 17.24 | 12.56 | 12.00 | 29.05 | 20.30 | 21.72 | 8.68 |
| Total Income | 161.43 | 98.40 | 121.63 | 42.06 | 39.11 | 59.52 | 63.87 | 59.51 | 65.95 | 29.75 | 39.38 | 23.89 |
| Total Expenses + | 149.78 | 94.39 | 125.17 | 46.46 | 44.67 | 54.83 | 60.15 | 56.88 | 47.66 | 19.93 | 25.69 | 42.13 |
| Cost of Materials Consumed | 82.50 | 44.00 | 47.55 | 8.56 | 7.98 | 15.35 | 11.55 | 19.73 | 14.80 | 1.77 | 0.00 | 0.00 |
| Employee Benefit Expense | 9.76 | 9.46 | 10.68 | 6.77 | 7.15 | 6.82 | 7.11 | 5.63 | 7.01 | 3.42 | 2.67 | 4.46 |
| Other Expenses | 31.13 | 27.07 | 25.53 | 17.45 | 15.10 | 14.65 | 13.55 | 22.67 | 15.66 | 5.94 | 4.69 | 12.85 |
| Operating Profit | 4.96 | -4.89 | -9.51 | -16.27 | -13.16 | -12.55 | -8.84 | -9.37 | -10.76 | -10.48 | -8.03 | -26.92 |
| OPM % | 3.2% | -5.5% | -8.2% | -53.9% | -41.8% | -29.7% | -17.2% | -19.7% | -29.2% | -111% | -45.5% | -176.8% |
| Profit Before Tax + | 11.65 | 7.56 | -0.19 | -3.31 | -5.56 | 4.69 | 3.72 | -0.66 | 18.29 | 9.82 | 13.69 | -14.01 |
| Tax Expense | 3.06 | 0.52 | -1.25 | -16.62 | -12.97 | -123.91 | 0.52 | -0.65 | 6.63 | 1.03 | 4.86 | -9.83 |
| Tax % | 26.2% | 6.8% | - | - | - | -2641.4% | 13.9% | - | 36.2% | 10.5% | 35.5% | - |
| Profit After Tax | 8.60 | 7.05 | 1.06 | 13.31 | 7.41 | 128.60 | 3.20 | -0.01 | 11.66 | 8.79 | 8.83 | -4.19 |
| EPS (Basic) | 0.55 | 0.45 | 0.07 | 0.85 | 0.47 | 8.19 | 0.20 | 0.00 | 0.79 | 0.56 | 0.56 | -0.27 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 42.15 | 172.60 | 142.92 | 602.57 | 509.83 | 633.24 | 921.55 |
| YOY Revenue Growth % | -75.58% | 20.77% | -76.28% | 18.19% | -19.49% | -31.29% | - |
| Other Income | 77.24 | 49.41 | 35.08 | 21.47 | 31.95 | 23.73 | 31.87 |
| Total Income | 119.39 | 222.01 | 178.00 | 624.03 | 541.77 | 656.97 | 953.42 |
| Total Expenses + | 93.49 | 216.52 | 196.26 | 601.10 | 530.67 | 680.88 | 749.63 |
| Cost of Materials Consumed | 0.00 | 54.60 | 37.12 | 349.30 | 278.68 | 194.45 | 262.04 |
| Employee Benefit Expense | 14.04 | 26.71 | 25.17 | 46.77 | 47.65 | 56.33 | 63.89 |
| Other Expenses | 25.34 | 65.98 | 51.52 | 157.89 | 133.04 | 320.59 | 423.70 |
| Operating Profit | -51.35 | -43.92 | -53.35 | 1.47 | -20.84 | -47.64 | 171.92 |
| OPM % | -121.8% | -25.4% | -37.3% | 0.2% | -4.1% | -7.5% | 18.7% |
| Profit Before Exceptional | 25.89 | 5.49 | -18.27 | 22.94 | 11.11 | -23.91 | 21.15 |
| Exceptional Items | 4.40 | -3.29 | 8.00 | -1.79 | 144.78 | 13.36 | 3.00 |
| Profit Before Tax + | 30.29 | 2.20 | -10.27 | 21.15 | 155.89 | -10.55 | 24.15 |
| Tax Expense | 4.55 | -137.02 | -40.28 | 6.30 | 42.22 | -3.49 | -1.45 |
| Tax % | 15% | -6229.4% | - | 29.8% | 27.1% | - | -6% |
| Profit After Tax | 25.75 | 139.22 | 30.01 | 14.85 | 113.67 | -7.06 | 25.59 |
| EPS (Basic) | 1.64 | 8.87 | 1.91 | 0.95 | 8.15 | -0.12 | 1.44 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 824.52 | 957.12 | 721.70 | 799.28 | 961.24 | 950.26 | 0.00 |
| Property, Plant & Equipment | 167.30 | 253.54 | 248.07 | 460.62 | 429.91 | 628.18 | 0.00 |
| Capital Work in Progress | 16.74 | 17.85 | 16.04 | 22.75 | 5.45 | 22.32 | 0.00 |
| Non-Current Investments | 470.53 | 527.19 | 319.38 | 157.12 | 175.74 | 155.85 | 0.00 |
| Goodwill | 85.95 | 85.95 | 85.95 | 85.95 | 0.00 | 86.40 | 0.00 |
| Other Intangible Assets | 0.00 | 0.16 | 0.00 | 3.43 | 1.11 | 0.00 | 0.00 |
| Current Assets + | 397.29 | 326.58 | 213.12 | 374.47 | 298.08 | 513.60 | 0.00 |
| Inventories | 7.47 | 30.16 | 38.31 | 105.12 | 110.30 | 117.75 | 0.00 |
| Trade Receivables | 24.38 | 44.14 | 36.75 | 115.47 | 127.78 | 146.08 | 0.00 |
| Cash and Cash Equivalents | 8.44 | 9.18 | 3.62 | 4.87 | 0.54 | 25.07 | 0.00 |
| Current Investments | 133.03 | 68.13 | 71.81 | 69.91 | 0.00 | 124.99 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 1,151.80 | 1,252.21 | 1,175.23 | 1,033.04 | 1,010.04 | 1,082.70 | 0.00 |
| Equity Share Capital | 31.41 | 31.41 | 31.41 | 31.41 | 31.41 | 31.41 | 0.00 |
| Other Equity | 1,120.38 | 1,220.79 | 1,143.80 | 1,001.62 | 978.63 | 892.20 | 0.00 |
| Non-Current Liabilities | 31.98 | 24.43 | 82.74 | 61.95 | 77.31 | 114.85 | 0.00 |
| Current Liabilities | 43.47 | 57.22 | 114.56 | 144.01 | 171.97 | 266.51 | 0.00 |
| Total Liabilities | 81.57 | 85.42 | 260.98 | 205.96 | 249.27 | 381.68 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | -2.31 | -39.60 | 68.10 | 24.68 | 33.98 | 83.38 | 0.00 |
| Cash from Investing Activities | 16.66 | 163.77 | -0.29 | 73.73 | 117.70 | -53.25 | 0.00 |
| Cash from Financing Activities | -15.09 | -105.50 | -77.58 | -91.33 | -175.69 | -14.91 | 0.00 |
| Net Increase/Decrease in Cash | -0.74 | 18.66 | -9.77 | 7.07 | -24.01 | 15.22 | 0.00 |