Transcript of earnings call Q4 & FY26
Annual Secretarial Compliance Report for the year ended March 31, 2026
Regulation 31A - Application to Stock Exchange for obtaining NOC w.r.t Request of Promoter reclassification
Regulation 31A - Application to Stock Exchange for obtaining NOC w.r.t Request of Promoter reclassification
Recording of earnings call of Q4 & FY26
Intimation of Schedule of Institutional Investor(s)/ Analyst Meet
| 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 | 127.19 | 127.76 | 126.21 | 127.76 | 125.98 | 126.65 | 123.28 | 132.44 | 136.60 | 137.40 | 134.23 | 162.63 |
| YOY Revenue Growth % | 14.81% | 8.64% | 6.6% | 3.37% | -0.95% | -0.87% | -2.32% | 3.66% | 8.43% | 8.49% | 8.88% | 22.8% |
| Other Income | 1.43 | 2.35 | 1.37 | 13.98 | 2.86 | 3.10 | 3.50 | 3.39 | 2.17 | 3.60 | 3.10 | 3.41 |
| Total Income | 128.62 | 130.11 | 127.58 | 141.74 | 128.84 | 129.75 | 126.78 | 135.82 | 138.76 | 141.00 | 137.33 | 166.04 |
| Total Expenses + | 101.27 | 102.73 | 105.40 | 110.22 | 106.11 | 103.37 | 102.59 | 108.08 | 108.93 | 110.83 | 106.86 | 132.02 |
| Cost of Materials Consumed | 64.47 | 74.65 | 76.67 | 81.45 | 75.21 | 71.74 | 72.32 | 70.30 | 78.73 | 72.69 | 77.95 | 95.46 |
| Employee Benefit Expense | 10.05 | 10.33 | 10.50 | 11.86 | 11.94 | 12.10 | 12.76 | 12.87 | 13.48 | 14.63 | 15.35 | 14.36 |
| Other Expenses | 19.17 | 18.61 | 18.68 | 20.62 | 17.29 | 16.33 | 16.40 | 15.63 | 15.48 | 18.98 | 15.13 | 19.94 |
| Operating Profit | 25.92 | 25.03 | 20.81 | 17.55 | 19.87 | 23.28 | 20.69 | 24.35 | 27.66 | 26.57 | 27.37 | 30.61 |
| OPM % | 20.4% | 19.6% | 16.5% | 13.7% | 15.8% | 18.4% | 16.8% | 18.4% | 20.3% | 19.3% | 20.4% | 18.8% |
| Profit Before Tax + | 27.35 | 27.38 | 22.18 | 31.53 | 22.73 | 26.38 | 24.19 | 27.74 | 29.83 | 30.17 | 29.55 | 34.02 |
| Tax Expense | 6.06 | 7.04 | 5.22 | 5.84 | 4.91 | 6.44 | 5.95 | 6.69 | 7.05 | 5.31 | 7.37 | 7.97 |
| Tax % | 22.2% | 25.7% | 23.5% | 18.5% | 21.6% | 24.4% | 24.6% | 24.1% | 23.6% | 17.6% | 25% | 23.4% |
| Profit After Tax | 21.28 | 20.34 | 16.96 | 25.68 | 17.82 | 19.94 | 18.24 | 21.05 | 22.78 | 24.85 | 22.18 | 26.05 |
| EPS (Basic) | 3.69 | 3.50 | 2.94 | 4.46 | 3.09 | 3.41 | 3.17 | 3.66 | 3.96 | 4.27 | 3.88 | 4.54 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 570.86 | 508.35 | 508.93 | 470.37 | 323.99 | 203.72 |
| YOY Revenue Growth % | 12.3% | -0.11% | 8.2% | 45.18% | 59.03% | - |
| Other Income | 12.27 | 12.84 | 19.12 | 9.92 | 5.45 | 4.05 |
| Total Income | 583.13 | 521.19 | 528.05 | 480.30 | 329.43 | 207.77 |
| Total Expenses + | 458.65 | 420.16 | 419.62 | 379.01 | 259.65 | 175.11 |
| Cost of Materials Consumed | 324.83 | 289.58 | 297.24 | 262.62 | 172.06 | 112.89 |
| Employee Benefit Expense | 54.16 | 49.67 | 42.74 | 38.10 | 27.11 | 22.23 |
| Other Expenses | 73.20 | 65.66 | 77.09 | 78.16 | 62.33 | 44.08 |
| Operating Profit | 112.21 | 88.19 | 89.31 | 91.36 | 64.34 | 28.61 |
| OPM % | 19.7% | 17.3% | 17.5% | 19.4% | 19.9% | 14% |
| Profit Before Exceptional | 124.49 | 101.04 | 108.43 | 101.28 | 69.79 | 32.66 |
| Exceptional Items | -0.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 123.56 | 101.04 | 108.43 | 101.28 | 69.79 | 32.66 |
| Tax Expense | 27.71 | 23.98 | 24.17 | 22.18 | 14.67 | 7.17 |
| Tax % | 22.4% | 23.7% | 22.3% | 21.9% | 21% | 21.9% |
| Profit After Tax | 95.86 | 77.06 | 84.27 | 79.10 | 55.11 | 25.49 |
| EPS (Basic) | 16.64 | 13.34 | 14.59 | 13.66 | 14.37 | 6.62 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 207.10 | 178.53 | 147.85 | 136.13 | 108.11 | 86.06 |
| Property, Plant & Equipment | 143.07 | 129.46 | 112.93 | 109.73 | 76.77 | 43.20 |
| Capital Work in Progress | 33.83 | 23.68 | 12.66 | 5.33 | 6.53 | 24.12 |
| Non-Current Investments | 16.21 | 12.85 | 11.17 | 0.00 | 0.00 | 14.93 |
| Goodwill | 2.03 | 2.04 | 2.04 | 2.04 | 0.00 | 0.00 |
| Other Intangible Assets | 2.53 | 3.54 | 2.66 | 3.84 | 0.28 | 0.52 |
| Current Assets + | 428.88 | 329.39 | 294.92 | 253.60 | 199.70 | 134.82 |
| Inventories | 153.03 | 131.23 | 127.94 | 131.97 | 114.88 | 70.14 |
| Trade Receivables | 155.55 | 111.49 | 113.74 | 93.22 | 59.28 | 42.82 |
| Cash and Cash Equivalents | 6.98 | 20.93 | 38.60 | 17.68 | 10.87 | 15.66 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 481.35 | 405.66 | 341.51 | 265.50 | 191.60 | 139.50 |
| Equity Share Capital | 11.52 | 11.52 | 11.52 | 11.52 | 7.68 | 7.68 |
| Other Equity | 469.83 | 394.14 | 329.99 | 253.98 | 183.92 | 131.82 |
| Non-Current Liabilities | 30.90 | 20.13 | 19.07 | 28.96 | 20.82 | 13.68 |
| Current Liabilities | 123.72 | 82.13 | 82.19 | 95.27 | 95.39 | 67.70 |
| Total Liabilities | 154.63 | 102.26 | 101.26 | 124.23 | 116.21 | 81.38 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 54.89 | 93.59 | 68.51 | 65.82 | -3.48 | 29.84 |
| Cash from Investing Activities | -68.41 | -57.53 | -18.39 | -43.11 | -24.18 | -14.72 |
| Cash from Financing Activities | -0.42 | -26.34 | -29.21 | -15.90 | 22.87 | 0.27 |
| Net Increase/Decrease in Cash | -13.95 | 9.71 | 20.92 | 6.81 | -4.79 | 15.39 |