Annual secretarial Compliance Report under Reg 24(A) for the year ended 31.03.2026
Accepatnce of Resignation of Existing Non Executive Independent Directors Mr Kewalchand Muthiyan, Mr Ajinkya Ghogardrae and Mrs Ligy George and Appointment of New Additional Non executive Independent Directors Ms Ankita Agrawal, Mr Rupesh Lohade and Mr N V Kadekar in place of them. Also appointment of Mr Satyen Gathani as an additional executive director of the company w.e..f 19th May 2026 subject to approval of members in ensuing Annual General Meeting.
Audited Results for the year ended 31.03.2026
audited financial results for the year ended 31st March 2026
Non Applicability of Large Entity as per SEBI Circular
Compliance Certificate Under Regulations 40(10) of SEBI LODR Regulations 2015 for the year ended 2026
Compliance Certificate Under Regulation 74(5) of SEBI(DP) Regulations for the quarter ended 31.03.2026
Closure of Trading window for the quarter and year ended 31st March 2026
| Particulars | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 24.58 | 23.27 | 22.99 | 45.87 | 37.09 | 31.18 | 33.05 | 34.65 | 34.95 | 36.10 | 35.03 | 35.25 |
| YOY Revenue Growth % | -27.91% | -45.73% | -27.61% | 66.46% | 50.87% | 34.01% | 43.77% | -24.46% | -5.78% | 15.75% | 5.99% | 1.72% |
| Other Income | 0.01 | 0.00 | 0.03 | 0.06 | 0.02 | 0.47 | 0.71 | 0.09 | 0.23 | 0.53 | 0.92 | 0.05 |
| Total Income | 24.60 | 23.27 | 23.02 | 45.94 | 37.11 | 31.66 | 33.77 | 34.74 | 35.17 | 36.63 | 35.95 | 35.30 |
| Total Expenses + | 24.37 | 23.07 | 22.69 | 45.58 | 36.84 | 31.20 | 33.01 | 34.47 | 34.81 | 35.99 | 35.19 | 35.15 |
| Cost of Materials Consumed | 22.82 | 22.73 | 50.94 | 25.32 | 26.84 | 30.67 | 29.74 | 33.17 | 33.62 | 33.91 | 37.58 | 28.18 |
| Employee Benefit Expense | 0.12 | 0.17 | 0.13 | 0.11 | 0.14 | 0.19 | 0.35 | 0.18 | 0.20 | 0.28 | 0.33 | 0.18 |
| Other Expenses | 0.23 | 0.16 | 0.52 | 0.13 | 0.52 | 0.19 | -3.54 | 0.19 | 0.47 | 0.19 | 4.53 | 0.34 |
| Operating Profit | 0.21 | 0.20 | 0.30 | 0.30 | 0.25 | -0.02 | 0.04 | 0.19 | 0.13 | 0.11 | -0.16 | 0.10 |
| OPM % | 0.9% | 0.9% | 1.3% | 0.7% | 0.7% | -0.1% | 0.1% | 0.5% | 0.4% | 0.3% | -0.5% | 0.3% |
| Profit Before Tax + | 0.22 | 0.21 | 0.33 | 0.36 | 0.28 | 0.45 | 0.76 | 0.27 | 0.36 | 0.64 | 0.76 | 0.16 |
| Tax Expense | 0.06 | 0.04 | 0.10 | 0.10 | 0.08 | 0.10 | 0.22 | 0.08 | 0.10 | 0.18 | 0.19 | 0.03 |
| Tax % | 26.7% | 19.3% | 28.7% | 27.8% | 29.1% | 22.1% | 29.1% | 27.6% | 26.5% | 28.3% | 25.1% | 19.2% |
| Profit After Tax | 0.16 | 0.17 | 0.24 | 0.26 | 0.20 | 0.35 | 0.54 | 0.20 | 0.26 | 0.46 | 0.57 | 0.13 |
| EPS (Basic) | 0.29 | 0.29 | 0.41 | 0.46 | 0.34 | 0.00 | 0.94 | 0.34 | 0.46 | 0.80 | 0.99 | 0.22 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 140.73 | 147.20 | 98.40 | 185.13 | 242.53 | 162.38 |
| YOY Revenue Growth % | -4.4% | 49.59% | -46.85% | -23.67% | 49.36% | - |
| Other Income | 1.76 | 1.27 | 0.07 | 0.12 | 0.85 | 0.39 |
| Total Income | 142.49 | 148.47 | 98.47 | 185.25 | 243.38 | 162.77 |
| Total Expenses + | 140.46 | 146.63 | 97.42 | 183.68 | 241.50 | 161.47 |
| Cost of Materials Consumed | 138.28 | 112.58 | 121.96 | 134.82 | 148.88 | 116.32 |
| Employee Benefit Expense | 1.00 | 0.78 | 0.53 | 0.54 | 0.87 | 0.81 |
| Other Expenses | 5.38 | -2.70 | 1.07 | 3.88 | -2.50 | 1.01 |
| Operating Profit | 0.26 | 0.57 | 0.98 | 1.45 | 1.04 | 0.90 |
| OPM % | 0.2% | 0.4% | 1% | 0.8% | 0.4% | 0.6% |
| Profit Before Exceptional | 2.02 | 1.84 | 1.05 | 1.56 | 1.88 | 1.30 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 2.02 | 1.84 | 1.05 | 1.56 | 1.88 | 1.30 |
| Tax Expense | 0.54 | 0.50 | 0.28 | 0.40 | 0.49 | 0.21 |
| Tax % | 26.7% | 27.1% | 26.1% | 25.6% | 25.7% | 16.2% |
| Profit After Tax | 1.48 | 1.34 | 0.78 | 1.16 | 1.40 | 1.09 |
| EPS (Basic) | 2.60 | 2.35 | 1.36 | 2.04 | 2.45 | 1.91 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 8.07 | 2.70 | 3.27 | 3.25 | 4.01 | 4.45 |
| Property, Plant & Equipment | 6.88 | 1.30 | 1.46 | 1.52 | 2.13 | 2.44 |
| Capital Work in Progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Assets + | 52.38 | 55.31 | 53.17 | 52.45 | 52.41 | 48.90 |
| Inventories | 9.70 | 8.82 | 31.90 | 5.75 | 12.14 | 9.29 |
| Trade Receivables | 1.73 | 2.50 | 1.10 | 1.60 | 1.61 | 1.85 |
| Cash and Cash Equivalents | 35.00 | 39.33 | 13.61 | 38.86 | 32.61 | 20.15 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 58.33 | 56.88 | 55.63 | 54.86 | 53.70 | 52.44 |
| Equity Share Capital | 58.33 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 |
| Other Equity | 0.00 | 51.17 | 49.93 | 49.15 | 48.00 | 46.74 |
| Non-Current Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 |
| Current Liabilities | 2.12 | 1.13 | 0.80 | 0.84 | 2.72 | 0.88 |
| Total Liabilities | 2.12 | 1.13 | 0.80 | 0.84 | 2.72 | 0.91 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 0.04 | 24.49 | -25.13 | 6.35 | 1.23 | -2.03 |
| Cash from Investing Activities | -4.29 | 1.24 | -0.12 | -0.10 | 0.19 | 0.05 |
| Cash from Financing Activities | -0.09 | 0.00 | 0.00 | 0.00 | -0.17 | 0.00 |
| Net Increase/Decrease in Cash | -4.34 | 25.72 | -25.25 | 6.25 | 1.24 | -1.99 |