Communication to shareholders on deduction of tax at source on dividend is enclosed herewith
Analyst/Institutional Investor Meet scheduled to be held on Wednesday June 17, 2026
Analyst/Institutional Investor Meet scheduled to be held on Tuesday June 16, 2026
Transcript of Earnings Conference Call Q4 & FY26 held on May 5, 2026
Audio recording of the Earnings Call-Q4 & FY26
Investor Presentation- Financial Overview-Q4 & FY26
Newspaper Publication in respect of Audited (Standalone and Consolidated) Financial Results for the quarter and year ended March 31, 2026
Appointment of various Auditors of the Company. for details please see the enclosed letter
The Board has approved dividend of 30% i.e. Rs.3/- per equity shares on equity shares of Rs.10/- each, subject to the approval of the members at the ensuing Annual General Meeting.
Audited (Standalone and Consolidated) Financial Results for quarter and year ended March 31, 2026
| 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 | 280.33 | 241.10 | 213.02 | 196.10 | 241.79 | 241.54 | 213.58 | 201.47 | 318.59 | 253.76 | 245.92 | 207.13 |
| YOY Revenue Growth % | 3.16% | -13.22% | -17.92% | 0.75% | -13.75% | 0.18% | 0.26% | 2.74% | 31.76% | 5.06% | 15.14% | 2.81% |
| Other Income | 0.26 | 1.55 | 1.09 | 0.78 | 0.29 | 1.54 | 0.33 | 0.35 | 3.36 | 5.74 | 2.14 | 2.41 |
| Total Income | 280.59 | 242.65 | 214.11 | 196.88 | 242.08 | 243.08 | 213.91 | 201.82 | 321.95 | 259.50 | 248.06 | 209.54 |
| Total Expenses + | 251.52 | 218.28 | 198.24 | 192.48 | 223.89 | 226.72 | 204.86 | 187.59 | 294.89 | 238.76 | 227.19 | 194.07 |
| Cost of Materials Consumed | 173.01 | 134.62 | 134.95 | 110.23 | 149.09 | 145.85 | 138.62 | 153.81 | 174.28 | 141.57 | 151.73 | 154.63 |
| Employee Benefit Expense | 21.16 | 21.43 | 21.69 | 23.54 | 24.53 | 24.05 | 23.13 | 23.38 | 24.82 | 25.65 | 25.17 | 28.48 |
| Other Expenses | 39.59 | 40.97 | 40.52 | 37.83 | 41.33 | 44.89 | 42.66 | 38.73 | 45.86 | 48.37 | 48.01 | 46.55 |
| Operating Profit | 28.81 | 22.82 | 14.78 | 3.62 | 17.90 | 14.82 | 8.72 | 13.88 | 23.70 | 15.00 | 18.73 | 13.06 |
| OPM % | 10.3% | 9.5% | 6.9% | 1.8% | 7.4% | 6.1% | 4.1% | 6.9% | 7.4% | 5.9% | 7.6% | 6.3% |
| Profit Before Tax + | 29.07 | 24.37 | 15.87 | 4.40 | 18.19 | 16.36 | 9.05 | 10.05 | 27.06 | 20.74 | 18.79 | 15.47 |
| Tax Expense | 7.51 | 6.49 | 4.13 | 1.13 | 4.69 | 4.20 | 2.40 | 2.59 | 6.98 | 3.35 | 4.80 | 5.49 |
| Tax % | 25.8% | 26.6% | 26% | 25.7% | 25.8% | 25.7% | 26.5% | 25.8% | 25.8% | 16.2% | 25.5% | 35.5% |
| Profit After Tax | 21.56 | 17.88 | 11.74 | 3.27 | 13.50 | 12.16 | 6.65 | 7.46 | 20.08 | 17.39 | 13.99 | 9.98 |
| EPS (Basic) | 17.59 | 14.58 | 9.58 | 2.67 | 11.01 | 9.92 | 5.42 | 6.08 | 16.38 | 14.18 | 11.41 | 8.14 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,025.40 | 898.38 | 930.55 | 1,003.73 | 930.57 | 676.41 | 547.50 |
| YOY Revenue Growth % | 14.14% | -3.46% | -7.29% | 7.86% | 37.57% | 23.55% | - |
| Other Income | 13.21 | 1.21 | 2.77 | 3.97 | 0.72 | 0.95 | 19.24 |
| Total Income | 1,038.61 | 899.59 | 933.32 | 1,007.70 | 931.29 | 677.36 | 566.74 |
| Total Expenses + | 954.47 | 841.76 | 859.62 | 918.98 | 820.87 | 572.24 | 501.12 |
| Cost of Materials Consumed | 622.21 | 587.37 | 552.81 | 655.07 | 580.93 | 395.25 | 319.93 |
| Employee Benefit Expense | 104.12 | 95.09 | 87.82 | 83.28 | 76.62 | 67.68 | 68.70 |
| Other Expenses | 188.35 | 166.31 | 158.00 | 162.73 | 146.21 | 109.31 | 112.49 |
| Operating Profit | 70.93 | 56.62 | 70.93 | 84.75 | 109.70 | 104.17 | 46.38 |
| OPM % | 6.9% | 6.3% | 7.6% | 8.4% | 11.8% | 15.4% | 8.5% |
| Profit Before Exceptional | 84.14 | 57.83 | 73.70 | 88.72 | 110.42 | 68.11 | 27.11 |
| Exceptional Items | -2.08 | -4.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 82.06 | 53.65 | 73.70 | 88.72 | 110.42 | 68.11 | 27.11 |
| Tax Expense | 20.63 | 13.88 | 19.25 | 27.78 | 29.60 | 17.57 | 11.33 |
| Tax % | 25.1% | 25.9% | 26.1% | 31.3% | 26.8% | 25.8% | 41.8% |
| Profit After Tax | 61.43 | 39.77 | 54.45 | 60.94 | 80.82 | 50.54 | 15.78 |
| EPS (Basic) | 50.11 | 32.44 | 44.41 | 49.71 | 65.92 | 41.22 | 12.87 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 327.98 | 277.07 | 262.24 | 253.72 | 234.66 | 0.00 | 0.00 |
| Property, Plant & Equipment | 271.39 | 248.78 | 232.40 | 221.30 | 210.97 | 0.00 | 0.00 |
| Capital Work in Progress | 17.45 | 13.02 | 11.54 | 18.55 | 6.75 | 0.00 | 0.00 |
| Non-Current Investments | 17.75 | 1.57 | 1.44 | 1.37 | 1.32 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 1.77 | 2.65 | 3.70 | 0.74 | 0.88 | 0.00 | 0.00 |
| Current Assets + | 532.35 | 557.24 | 406.24 | 380.29 | 339.71 | 0.00 | 0.00 |
| Inventories | 245.77 | 222.37 | 132.65 | 168.24 | 153.72 | 0.00 | 0.00 |
| Trade Receivables | 203.63 | 251.33 | 207.23 | 143.50 | 111.76 | 0.00 | 0.00 |
| Cash and Cash Equivalents | 8.10 | 12.70 | 6.17 | 7.45 | 6.92 | 0.00 | 0.00 |
| Current Investments | 0.00 | 2.26 | 6.45 | 1.12 | 0.05 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 442.89 | 384.34 | 348.49 | 298.01 | 241.67 | 0.00 | 0.00 |
| Equity Share Capital | 12.26 | 12.26 | 12.26 | 12.26 | 12.26 | 0.00 | 0.00 |
| Other Equity | 430.63 | 372.08 | 336.23 | 285.75 | 229.41 | 0.00 | 0.00 |
| Non-Current Liabilities | 64.46 | 90.63 | 72.95 | 90.52 | 82.00 | 0.00 | 0.00 |
| Current Liabilities | 353.28 | 359.64 | 247.34 | 245.78 | 250.70 | 0.00 | 0.00 |
| Total Liabilities | 417.74 | 450.27 | 320.29 | 336.30 | 332.70 | 0.00 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 98.90 | 22.63 | 29.20 | 56.69 | 31.85 | 0.00 | 0.00 |
| Cash from Investing Activities | -59.65 | -28.15 | -35.85 | -36.48 | -27.43 | 0.00 | 0.00 |
| Cash from Financing Activities | -43.85 | 12.05 | 5.37 | -19.68 | -8.90 | 0.00 | 0.00 |
| Net Increase/Decrease in Cash | -4.60 | 6.53 | -1.28 | 0.53 | -4.48 | 0.00 | 0.00 |