Appointment of Cost Auditor for the FY 2026-27
The Board of Directors of the Company, at its meeting held today, i.e., June 19, 2026, has, based on the recommendation of the Audit Committee, approved the appointment of Mr. Shaunak Desai (ACMA 44386), Cost Accountant, as the Cost Auditor of the Company
Annual Secretarial Compliance Report March 31, 2026
Newspaper Publication pertaining to financial results
Appointment of Internal Auditors
The Board has approved appointment of Statutory Auditors subject to approval of shareholders at the ensuing Annual General Meeting
Board has approved appointment of Ms. Arati Kamalaksha Naik as Wholetime Director designated as Executive Director for a period of 5 years w.e.f April 01, 2027, subject to approval of members at the ensuing AGM
The Board has fixed record date for dividend
Board Declares Dividend for the financial year ended March 31, 2026 subject to approval of Members
Outcome of Board Meeting
| 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 | 51.82 | 40.17 | 78.77 | 42.77 | 58.57 | 53.73 | 65.43 | 37.02 | 70.27 | 62.70 | 99.35 | 65.27 |
| YOY Revenue Growth % | 10.72% | 6.66% | 57.62% | 11.32% | 13.03% | 33.73% | -16.93% | -13.43% | 19.98% | 16.71% | 51.84% | 76.31% |
| Other Income | 0.02 | 0.25 | 0.24 | 0.06 | 0.12 | 2.69 | 3.07 | 3.31 | 2.30 | 3.09 | 1.89 | 4.14 |
| Total Income | 51.84 | 40.42 | 79.01 | 42.83 | 58.69 | 56.42 | 68.50 | 40.33 | 72.57 | 65.79 | 101.25 | 69.41 |
| Total Expenses + | 50.60 | 41.97 | 68.51 | 43.01 | 57.38 | 54.60 | 66.12 | 37.47 | 69.86 | 63.00 | 91.97 | 61.97 |
| Cost of Materials Consumed | 17.55 | 13.82 | 27.51 | 9.13 | 24.40 | 24.41 | 25.42 | 17.17 | 25.67 | 23.18 | 45.07 | 22.77 |
| Employee Benefit Expense | 4.52 | 4.88 | 5.60 | 5.48 | 5.67 | 5.95 | 6.32 | 5.32 | 6.34 | 7.22 | 10.33 | 5.99 |
| Other Expenses | 3.61 | 3.51 | 4.65 | 3.51 | 4.32 | 5.46 | 4.97 | 3.79 | 4.15 | 3.42 | 3.87 | 4.37 |
| Operating Profit | 1.21 | -1.80 | 10.26 | -0.24 | 1.19 | -0.87 | -0.68 | -0.45 | 0.41 | -0.30 | 7.39 | 3.30 |
| OPM % | 2.3% | -4.5% | 13% | -0.6% | 2% | -1.6% | -1% | -1.2% | 0.6% | -0.5% | 7.4% | 5.1% |
| Profit Before Tax + | 1.23 | -1.55 | 10.49 | -0.18 | 1.31 | 1.81 | 2.38 | 2.86 | 2.71 | 2.78 | 9.28 | 7.44 |
| Tax Expense | 0.41 | -0.33 | 1.81 | 0.27 | 0.64 | -0.73 | -1.45 | 0.68 | 0.85 | 0.55 | 2.41 | 1.84 |
| Tax % | 33% | - | 17.2% | - | 48.8% | -40.2% | -60.9% | 23.9% | 31.3% | 19.6% | 26% | 24.7% |
| Profit After Tax | 0.83 | -1.21 | 8.68 | -0.44 | 0.67 | 2.54 | 3.84 | 2.18 | 1.86 | 2.24 | 6.87 | 5.61 |
| EPS (Basic) | 0.83 | -1.22 | 8.70 | -0.45 | 0.68 | 2.55 | 3.85 | 2.18 | 1.87 | 2.24 | 6.89 | 5.62 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 269.35 | 214.53 | 209.18 | 163.05 | 79.50 | 70.27 | 75.16 |
| YOY Revenue Growth % | 25.55% | 2.56% | 28.29% | 105.09% | 13.14% | -6.51% | - |
| Other Income | 10.59 | 11.91 | 0.76 | 1.29 | 0.93 | 2.62 | 0.52 |
| Total Income | 279.93 | 226.44 | 209.94 | 164.34 | 80.43 | 72.89 | 75.68 |
| Total Expenses + | 262.30 | 221.10 | 201.25 | 162.51 | 73.05 | 63.79 | 40.11 |
| Cost of Materials Consumed | 111.09 | 83.35 | 71.79 | 58.15 | 26.04 | 6.74 | 6.19 |
| Employee Benefit Expense | 29.21 | 23.43 | 19.45 | 16.53 | 13.85 | 12.71 | 17.75 |
| Other Expenses | 15.22 | 18.26 | 15.04 | 18.39 | 9.45 | 9.77 | 16.17 |
| Operating Profit | 7.05 | -6.58 | 7.93 | 0.55 | 6.46 | 6.48 | 35.05 |
| OPM % | 2.6% | -3.1% | 3.8% | 0.3% | 8.1% | 9.2% | 46.6% |
| Profit Before Exceptional | 17.64 | 5.33 | 8.70 | 1.83 | 7.39 | 9.09 | -10.52 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 20.92 | 0.00 | 0.00 | -4.25 |
| Profit Before Tax + | 17.64 | 5.33 | 8.70 | 22.75 | 7.39 | 9.09 | -14.77 |
| Tax Expense | 4.49 | -1.27 | 1.64 | 3.51 | -2.93 | -1.14 | -0.50 |
| Tax % | 25.5% | -23.9% | 18.8% | 15.4% | -39.7% | -12.5% | - |
| Profit After Tax | 13.15 | 6.61 | 7.06 | 19.24 | 10.32 | 10.23 | -14.27 |
| EPS (Basic) | 13.18 | 6.62 | 7.08 | 19.29 | 9.90 | 7.80 | -9.13 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 74.66 | 74.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Property, Plant & Equipment | 16.93 | 15.98 | 16.02 | 22.03 | 18.57 | 18.26 | 0.00 |
| Capital Work in Progress | 1.04 | 0.00 | 0.00 | 0.00 | 2.16 | 2.16 | 0.00 |
| Non-Current Investments | 30.17 | 33.38 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.17 | 0.00 |
| Current Assets + | 227.40 | 171.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 33.83 | 29.69 | 22.44 | 33.31 | 14.33 | 6.90 | 0.00 |
| Trade Receivables | 89.41 | 56.58 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and Cash Equivalents | 0.60 | 0.71 | 0.44 | 0.41 | 0.59 | 0.54 | 0.00 |
| Current Investments | 84.07 | 71.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 209.80 | 196.32 | 190.28 | 183.50 | 164.95 | 193.41 | 0.00 |
| Equity Share Capital | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.66 | 0.00 |
| Other Equity | 207.81 | 194.32 | 188.28 | 181.51 | 163.01 | 190.73 | 0.00 |
| Non-Current Liabilities | 7.87 | 6.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Liabilities | 84.39 | 43.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 92.26 | 49.72 | 80.91 | 78.13 | 43.92 | 36.37 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 15.25 | -6.10 | 7.46 | -25.86 | 41.97 | 3.06 | 0.00 |
| Cash from Investing Activities | -12.93 | 35.66 | -3.15 | 20.95 | -4.23 | -0.10 | 0.00 |
| Cash from Financing Activities | -2.43 | -29.29 | -4.28 | 4.73 | -37.68 | -2.67 | 0.00 |
| Net Increase/Decrease in Cash | -0.11 | 0.27 | 0.03 | -0.18 | 0.05 | 0.29 | 0.00 |