Cessation of Dr. Venkataraman Srinivas (DIN: 11163042) as Executive Director & Chief Executive Officer of the Company with effect from the close of 30th June, 2026 on account of his transition to a new role within the Mahindra Group. Consequently, he will cease to be a Director and Key Managerial Personnel of the Company under the Companies Act, 2013 and the SEBI Listing Regulations with effect from the said date.
Cessation of Dr. Venkataraman Srinivas (DIN: 11163042) as Executive Director & Chief Executive Officer of the Company with effect from the close of 30th June, 2026 on account of his transition to a new role within the Mahindra Group. Consequently, he will cease to be a Director and Key Managerial Personnel of the Company under the Companies Act, 2013 and the SEBI Listing Regulations with effect from the said date.
Cessation of Dr. Venkataraman Srinivas (DIN: 11163042) as Executive Director & Chief Executive Officer of the Company with effect from the close of 30th June, 2026 on account of his transition to a new role within the Mahindra Group. Consequently, he will cease to be a Director and Key Managerial Personnel of the Company under the Companies Act, 2013 and the SEBI Listing Regulations with effect from the said date.
Cessation of Dr. Venkataraman Srinivas (DIN: 11163042) as Executive Director & Chief Executive Officer of the Company with effect from the close of 30th June, 2026 on account of his transition to a new role within the Mahindra Group. Consequently, he will cease to be a Director and Key Managerial Personnel of the Company under the Companies Act, 2013 and the SEBI Listing Regulations with effect from the said date.
Report for the month of May 2026
Newspaper Advertisements- 'Second 100 day Campaign - Saksham Niveshak'
Newspaper Advertisement – 42nd Annual General Meeting (AGM)
Newspaper Advertisement – 42nd Annual General Meeting (AGM)
Newspaper publication giving notice to shareholders about the proposed transfer of unclaimed dividend for FY 2018-19 and the respective shares to Investor Education and Protection Fund Authority
| Particulars | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue from Operations | 771.38 | 845.89 | 539.27 | 897.65 | 957.54 |
| YOY Revenue Growth % | - | - | - | - | 24.13% |
| Other Income | 1.72 | 2.06 | 1.56 | 2.58 | 1.19 |
| Total Income | 773.10 | 847.95 | 540.83 | 900.23 | 958.73 |
| Total Expenses + | 701.96 | 758.40 | 517.31 | 827.63 | 873.45 |
| Cost of Materials Consumed | 539.59 | 570.32 | 496.57 | 624.22 | 622.39 |
| Employee Benefit Expense | 52.66 | 57.97 | 59.17 | 53.71 | 68.91 |
| Other Expenses | 46.86 | 40.29 | 39.05 | 49.15 | 44.76 |
| Operating Profit | 69.42 | 87.49 | 21.96 | 70.02 | 84.09 |
| OPM % | 9% | 10.3% | 4.1% | 7.8% | 8.8% |
| Profit Before Tax + | 71.14 | 89.55 | 23.52 | 72.60 | 85.28 |
| Tax Expense | 18.19 | 22.59 | 5.98 | 18.40 | 21.66 |
| Tax % | 25.6% | 25.2% | 25.4% | 25.3% | 25.4% |
| Profit After Tax | 52.95 | 66.96 | 17.54 | 54.20 | 63.62 |
| EPS (Basic) | 36.60 | 46.27 | 12.11 | 37.46 | 43.96 |
| Particulars | Mar 2026 |
|---|---|
| Revenue from Operations | 2,837.92 |
| YOY Revenue Growth % | - |
| Other Income | 8.32 |
| Total Income | 2,846.24 |
| Total Expenses + | 2,632.29 |
| Cost of Materials Consumed | 2,139.16 |
| Employee Benefit Expense | 227.58 |
| Other Expenses | 164.94 |
| Operating Profit | 205.63 |
| OPM % | 7.2% |
| Profit Before Exceptional | 213.95 |
| Exceptional Items | 0.00 |
| Profit Before Tax + | 213.95 |
| Tax Expense | 54.20 |
| Tax % | 25.3% |
| Profit After Tax | 159.75 |
| EPS (Basic) | 110.39 |
| Particulars | Mar 2026 |
|---|---|
| ASSETS | |
| Non-Current Assets + | 408.06 |
| Property, Plant & Equipment | 291.19 |
| Capital Work in Progress | 23.30 |
| Non-Current Investments | 0.00 |
| Goodwill | 0.00 |
| Other Intangible Assets | 45.91 |
| Current Assets + | 988.72 |
| Inventories | 660.68 |
| Trade Receivables | 270.21 |
| Cash and Cash Equivalents | 4.51 |
| Current Investments | 0.00 |
| LIABILITIES & EQUITY | |
| Total Equity | 519.34 |
| Equity Share Capital | 14.48 |
| Other Equity | 504.86 |
| Non-Current Liabilities | 87.73 |
| Current Liabilities | 789.71 |
| Total Liabilities | 877.44 |
| Particulars | Mar 2026 |
|---|---|
| Cash from Operating Activities | 156.19 |
| Cash from Investing Activities | -65.83 |
| Cash from Financing Activities | -88.95 |
| Net Increase/Decrease in Cash | 1.41 |