The Ministry of Corporate Affairs (MCA) has approved the change of the Registered office of the company to Rehana Jattan, Tehsil Phagwara within the same Distt. Kapurthala, Punjab.
CRISIL has revised the credit rating of the company for Long Term Bank facilities and Fixed Deposits from CRISIL A+/Negative to CRISIL A / Stable. The credit rating for Short Term Bank facilities has be reaffirmed as CRISIL A1.
Newpaper Publication
The Board has approved to shift the registered office of the company from its present location at Sarai Road, Phagwara, Distt. Kapurthala-144401 to Rehana Jattan, Teh Phagwara, Distt. Kapurthala -144407, outside local limits of the city and within same Tehsil /Distt. of the same State of Punjab under the Juridiction of the same Registrar of the Companies.
1) The Board has re appointed Mr Madan Gopal Sharma as Executive Director of the company for a period of 5 years i.e from 01-06-2026 to 31-05-2031 (on expiry of his term on 31-05-2026), subject to the approval of share holders in ensuing AGM. 2) The Board has reappointed M/s Khushwinder kumar & associates, cost accountants as cost auditors to conduct cost audit of the company for the FY ending 31-03-2027.
The Board has recomended Dividend @ 20% ie Rs 1/- per equity share having face value of Rs 5/- each
Financial Results for the Qtr / year ended 31.03.2026
Annual Secretarial compliance report for the financial year ended 31.03.2026
To recommend Dividend,if any, for the Financial Year ended 31/03/2026.
| 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 | 322.18 | 320.28 | 360.61 | 367.79 | 389.83 | 363.87 | 373.35 | 359.14 | 367.20 | 312.68 | 343.86 | 401.94 |
| YOY Revenue Growth % | -10.83% | -6.76% | 6.26% | -5.95% | 21% | 13.61% | 3.53% | -2.35% | -5.81% | -14.07% | -7.9% | 11.92% |
| Other Income | 2.10 | 2.57 | 1.19 | 2.42 | 0.59 | 2.22 | 1.35 | 2.67 | 2.86 | 3.90 | 1.39 | 8.57 |
| Total Income | 324.28 | 322.85 | 361.80 | 370.21 | 390.42 | 366.09 | 374.70 | 361.81 | 370.06 | 316.58 | 345.25 | 410.51 |
| Total Expenses + | 307.14 | 304.79 | 338.34 | 351.75 | 372.21 | 349.26 | 360.35 | 358.32 | 364.39 | 311.88 | 339.91 | 392.13 |
| Cost of Materials Consumed | 222.37 | 215.51 | 259.09 | 269.42 | 264.28 | 277.10 | 304.20 | 289.02 | 268.49 | 248.02 | 238.37 | 268.57 |
| Employee Benefit Expense | 13.46 | 13.53 | 15.48 | 16.76 | 15.41 | 15.21 | 17.19 | 14.80 | 14.86 | 16.46 | 16.64 | 6.87 |
| Other Expenses | 57.21 | 58.48 | 64.49 | 60.65 | 54.70 | 58.90 | 58.95 | 54.35 | 54.39 | 55.14 | 61.32 | 0.00 |
| Operating Profit | 15.04 | 15.49 | 22.27 | 16.04 | 17.62 | 14.61 | 13.00 | 0.82 | 2.81 | 0.80 | 3.95 | 9.81 |
| OPM % | 4.7% | 4.8% | 6.2% | 4.4% | 4.5% | 4% | 3.5% | 0.2% | 0.8% | 0.3% | 1.1% | 2.4% |
| Profit Before Tax + | 17.14 | 18.06 | 23.46 | 18.46 | 18.21 | 16.83 | 14.35 | 3.49 | 5.67 | 4.70 | 5.34 | 18.38 |
| Tax Expense | 4.10 | 4.40 | 6.00 | 7.00 | 4.60 | 4.20 | 3.55 | 1.05 | 0.92 | 0.63 | 1.30 | 5.15 |
| Tax % | 23.9% | 24.4% | 25.6% | 37.9% | 25.3% | 25% | 24.7% | 30.1% | 16.2% | 13.4% | 24.3% | 28% |
| Profit After Tax | 13.04 | 13.66 | 17.46 | 11.46 | 13.61 | 12.63 | 10.80 | 2.44 | 4.75 | 4.07 | 4.04 | 13.23 |
| EPS (Basic) | 8.35 | 8.75 | 11.18 | 7.34 | 8.71 | 8.09 | 3.46 | 0.78 | 1.52 | 1.30 | 1.29 | 4.23 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 1,425.68 | 1,486.19 | 1,370.86 | 1,435.25 | 1,156.76 | 698.53 |
| YOY Revenue Growth % | -4.07% | 8.41% | -4.49% | 24.08% | 65.6% | - |
| Other Income | 16.72 | 6.83 | 8.28 | 1.72 | 1.64 | 4.25 |
| Total Income | 1,442.40 | 1,493.02 | 1,379.14 | 1,436.97 | 1,158.40 | 702.78 |
| Total Expenses + | 1,408.31 | 1,440.14 | 1,302.02 | 1,344.23 | 1,050.99 | 672.52 |
| Cost of Materials Consumed | 1,023.45 | 1,134.60 | 966.39 | 1,009.81 | 766.80 | 478.02 |
| Employee Benefit Expense | 29.97 | 62.61 | 59.23 | 57.69 | 52.41 | 41.99 |
| Other Expenses | 0.00 | 226.90 | 240.83 | 249.22 | 173.45 | 115.76 |
| Operating Profit | 17.37 | 46.05 | 68.84 | 91.02 | 105.77 | 26.01 |
| OPM % | 1.2% | 3.1% | 5% | 6.3% | 9.1% | 3.7% |
| Profit Before Exceptional | 34.09 | 52.88 | 77.12 | 92.74 | 107.41 | 30.26 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 34.09 | 52.88 | 77.12 | 92.74 | 107.41 | 30.26 |
| Tax Expense | 8.00 | 13.40 | 21.50 | 22.60 | 30.12 | 7.65 |
| Tax % | 23.5% | 25.3% | 27.9% | 24.4% | 28% | 25.3% |
| Profit After Tax | 26.09 | 39.48 | 55.62 | 70.14 | 77.29 | 22.61 |
| EPS (Basic) | 8.35 | 12.64 | 35.60 | 44.90 | 49.47 | 15.32 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 509.61 | 534.15 | 524.61 | 512.53 | 507.31 | 484.96 |
| Property, Plant & Equipment | 420.29 | 433.04 | 411.55 | 412.27 | 360.31 | 356.52 |
| Capital Work in Progress | 8.93 | 17.33 | 29.25 | 16.38 | 63.88 | 66.82 |
| Non-Current Investments | 38.53 | 38.53 | 38.53 | 38.53 | 38.53 | 38.53 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.03 | 0.03 | 0.01 | 0.03 | 0.03 | 0.05 |
| Current Assets + | 552.27 | 470.55 | 462.72 | 392.30 | 275.38 | 221.31 |
| Inventories | 286.66 | 215.34 | 217.76 | 167.67 | 96.05 | 100.85 |
| Trade Receivables | 94.30 | 113.38 | 79.37 | 80.49 | 66.97 | 62.39 |
| Cash and Cash Equivalents | 0.67 | 0.65 | 1.72 | 1.27 | 1.14 | 1.23 |
| Current Investments | 74.47 | 52.57 | 82.81 | 77.52 | 65.91 | 8.69 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 590.58 | 567.24 | 527.28 | 484.50 | 424.79 | 340.43 |
| Equity Share Capital | 15.62 | 15.62 | 15.62 | 15.62 | 15.62 | 14.76 |
| Other Equity | 574.96 | 551.62 | 511.66 | 468.88 | 409.17 | 325.67 |
| Non-Current Liabilities | 153.26 | 151.60 | 147.77 | 153.02 | 162.99 | 207.21 |
| Current Liabilities | 318.04 | 285.86 | 312.28 | 267.31 | 194.91 | 158.63 |
| Total Liabilities | 471.30 | 437.46 | 460.05 | 420.33 | 357.90 | 365.84 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 1.69 | 56.22 | 66.27 | 28.15 | 141.13 | 90.30 |
| Cash from Investing Activities | -8.51 | -0.25 | -35.85 | -40.87 | -103.18 | -41.31 |
| Cash from Financing Activities | 6.76 | -55.73 | -27.35 | 13.17 | -37.87 | -49.45 |
| Net Increase/Decrease in Cash | -0.06 | 0.24 | 3.07 | 12.28 | 0.08 | -0.46 |