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 | 113.07 | 112.39 | 112.17 | 111.77 | 107.22 | 109.55 | 106.22 | 114.22 | 116.70 | 118.42 | 110.13 | 116.71 |
| YOY Revenue Growth % | 15.74% | 7.18% | 4.31% | 1.49% | -5.18% | -2.52% | -5.31% | 2.19% | 8.84% | 8.09% | 3.68% | 2.18% |
| Other Income | 1.34 | 2.31 | 1.38 | 15.36 | 2.65 | 3.10 | 3.36 | 3.27 | 2.13 | 3.72 | 2.98 | 4.18 |
| Total Income | 114.41 | 114.71 | 113.55 | 127.13 | 109.86 | 112.65 | 109.57 | 117.50 | 118.83 | 122.14 | 113.11 | 120.89 |
| Total Expenses + | 87.64 | 88.15 | 91.69 | 94.03 | 88.11 | 86.88 | 86.13 | 91.11 | 90.72 | 93.83 | 86.56 | 93.46 |
| Cost of Materials Consumed | 53.08 | 61.55 | 64.72 | 68.23 | 59.79 | 55.45 | 59.55 | 57.82 | 64.47 | 59.30 | 60.67 | 59.48 |
| Employee Benefit Expense | 8.87 | 9.22 | 9.39 | 10.94 | 10.47 | 10.62 | 10.84 | 10.87 | 11.23 | 12.29 | 12.97 | 12.14 |
| Other Expenses | 18.45 | 17.79 | 17.94 | 19.79 | 16.37 | 15.50 | 15.83 | 15.40 | 15.22 | 18.51 | 15.12 | 18.31 |
| Operating Profit | 25.43 | 24.25 | 20.48 | 17.74 | 19.10 | 22.68 | 20.09 | 23.12 | 25.97 | 24.59 | 23.57 | 23.25 |
| OPM % | 22.5% | 21.6% | 18.3% | 15.9% | 17.8% | 20.7% | 18.9% | 20.2% | 22.3% | 20.8% | 21.4% | 19.9% |
| Profit Before Tax + | 26.77 | 26.56 | 21.85 | 33.10 | 21.75 | 25.77 | 23.45 | 26.39 | 28.10 | 28.31 | 25.76 | 27.43 |
| Tax Expense | 6.54 | 6.88 | 5.93 | 7.80 | 5.45 | 6.52 | 5.92 | 6.88 | 7.13 | 7.14 | 6.42 | 7.05 |
| Tax % | 24.4% | 25.9% | 27.1% | 23.6% | 25% | 25.3% | 25.3% | 26.1% | 25.4% | 25.2% | 24.9% | 25.7% |
| Profit After Tax | 20.23 | 19.68 | 15.92 | 25.30 | 16.30 | 19.25 | 17.52 | 19.52 | 20.97 | 21.17 | 19.34 | 20.38 |
| EPS (Basic) | 3.51 | 3.38 | 2.76 | 4.40 | 2.83 | 3.29 | 3.04 | 3.41 | 3.64 | 3.63 | 3.38 | 3.55 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 461.95 | 437.21 | 449.40 | 420.23 | 323.99 | 203.72 |
| YOY Revenue Growth % | 5.66% | -2.71% | 6.94% | 29.71% | 59.03% | - |
| Other Income | 13.01 | 12.38 | 20.39 | 7.93 | 5.45 | 4.05 |
| Total Income | 474.97 | 449.59 | 469.80 | 428.16 | 329.43 | 207.77 |
| Total Expenses + | 364.58 | 352.23 | 361.51 | 330.57 | 259.65 | 175.11 |
| Cost of Materials Consumed | 243.92 | 232.60 | 247.58 | 224.06 | 172.06 | 112.89 |
| Employee Benefit Expense | 45.90 | 42.81 | 38.41 | 33.95 | 27.11 | 22.23 |
| Other Expenses | 69.88 | 63.11 | 73.97 | 75.52 | 62.33 | 44.08 |
| Operating Profit | 97.37 | 84.98 | 87.89 | 89.66 | 64.34 | 28.61 |
| OPM % | 21.1% | 19.4% | 19.6% | 21.3% | 19.9% | 14% |
| Profit Before Exceptional | 110.39 | 97.36 | 108.29 | 97.59 | 69.79 | 32.66 |
| Exceptional Items | -0.79 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 109.60 | 97.36 | 108.29 | 97.59 | 69.79 | 32.66 |
| Tax Expense | 27.74 | 24.76 | 27.15 | 24.56 | 17.81 | 8.50 |
| Tax % | 25.3% | 25.4% | 25.1% | 25.2% | 25.5% | 26% |
| Profit After Tax | 81.86 | 72.60 | 81.13 | 73.03 | 51.98 | 24.15 |
| EPS (Basic) | 14.20 | 12.57 | 14.06 | 12.61 | 13.55 | 6.27 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 172.61 | 162.42 | 139.10 | 132.66 | 101.86 | 83.33 |
| Property, Plant & Equipment | 132.47 | 120.02 | 103.83 | 99.90 | 76.77 | 43.20 |
| Capital Work in Progress | 6.78 | 11.98 | 5.14 | 1.60 | 6.53 | 24.12 |
| Non-Current Investments | 23.91 | 23.69 | 23.59 | 0.00 | 0.00 | 12.21 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 1.66 | 1.87 | 0.23 | 0.29 | 0.28 | 0.52 |
| Current Assets + | 365.69 | 299.05 | 268.51 | 229.03 | 199.70 | 134.82 |
| Inventories | 130.44 | 117.86 | 116.46 | 121.88 | 114.88 | 70.14 |
| Trade Receivables | 116.06 | 96.91 | 100.52 | 79.98 | 59.28 | 42.82 |
| Cash and Cash Equivalents | 6.50 | 19.37 | 37.28 | 16.84 | 10.87 | 15.66 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 449.31 | 387.67 | 327.91 | 255.01 | 187.18 | 138.23 |
| Equity Share Capital | 11.52 | 11.52 | 11.52 | 11.52 | 7.68 | 7.68 |
| Other Equity | 437.79 | 376.15 | 316.39 | 243.49 | 179.50 | 130.55 |
| Non-Current Liabilities | 16.95 | 13.80 | 13.13 | 25.32 | 18.98 | 12.22 |
| Current Liabilities | 72.04 | 59.99 | 66.56 | 81.37 | 95.39 | 67.70 |
| Total Liabilities | 88.99 | 73.80 | 79.69 | 106.69 | 114.38 | 79.92 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 51.70 | 92.60 | 67.93 | 61.22 | -3.48 | 29.84 |
| Cash from Investing Activities | -54.02 | -51.81 | -13.64 | -37.47 | -24.18 | -14.72 |
| Cash from Financing Activities | -10.55 | -31.84 | -33.84 | -17.78 | 22.87 | 0.27 |
| Net Increase/Decrease in Cash | -12.87 | 8.95 | 20.44 | 5.97 | -4.79 | 15.39 |