In accordance with Regulation 36(1)(b) of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, the Company has sent letter to those shareholders whose e-mail addresses are not registered. Copy of the letter is enclosed.
We are enclosing copies of newspaper advertisement in relation to 39th Annual General Meeting published in Financial Express (English Newspaper) and Mumbai Lakshdeep (Marathi Newspaper).
Please find attached Annual Report for FY 2025-26.
Please find attached notice of 39th Annual General Meeting scheduled to be held on 3rd July 2026 at 11.00 am through video conference or other audio-visual means.
Please find attached newspaper publication to Annual General meeting
This is to inform that 39th Annual General Meeting will be held through Video Conferencing / Other Audio-Visual means on Friday, 3 July 2026. The Annual General Meeting Notice and Annual Report will be sent in due course.
We wish to inform that, pursuant to regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has fixed 11 June 2026 as Record Date to determine eligibility for payment of Final Dividend for the financial year 2025-26.
Further to our letter dated 13 May 2026, we wish to inform you that, pursuant to regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the Board has fixed Thursday, 11 June 2026 as Record Date to determine eligibility for payment of final dividend for the financial year 2025-26.
| 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 | 66.68 | 65.98 | 65.19 | 85.53 | 77.96 | 92.91 | 84.61 | 110.31 | 113.88 | 122.40 | 94.96 | 109.67 |
| YOY Revenue Growth % | 6.36% | 2.5% | 27.22% | 28.69% | 16.92% | 40.82% | 29.79% | 28.97% | 46.07% | 31.74% | 12.23% | -0.58% |
| Other Income | 0.48 | 0.27 | 0.38 | 0.35 | 0.30 | 1.38 | 0.54 | 0.93 | 1.46 | 0.28 | 0.93 | 0.40 |
| Total Income | 67.16 | 66.25 | 65.57 | 85.88 | 78.26 | 94.29 | 85.15 | 111.24 | 115.34 | 122.68 | 95.89 | 110.07 |
| Total Expenses + | 61.75 | 60.78 | 58.28 | 77.31 | 74.47 | 89.99 | 82.78 | 103.66 | 106.18 | 112.99 | 89.31 | 95.95 |
| Cost of Materials Consumed | 44.99 | 41.93 | 42.51 | 58.09 | 53.40 | 68.95 | 64.27 | 79.32 | 86.99 | 89.13 | 67.87 | 72.53 |
| Employee Benefit Expense | 4.65 | 3.28 | 3.77 | 4.69 | 4.68 | 4.36 | 4.85 | 5.19 | 5.64 | 4.66 | 4.91 | 4.46 |
| Other Expenses | 7.50 | 8.04 | 8.38 | 9.87 | 9.40 | 11.76 | 11.41 | 9.74 | 11.47 | 10.73 | 10.89 | 10.46 |
| Operating Profit | 4.93 | 5.20 | 6.91 | 8.22 | 3.49 | 2.92 | 1.83 | 6.65 | 7.70 | 9.41 | 5.65 | 13.72 |
| OPM % | 7.4% | 7.9% | 10.6% | 9.6% | 4.5% | 3.1% | 2.2% | 6% | 6.8% | 7.7% | 5.9% | 12.5% |
| Profit Before Tax + | 5.41 | 5.47 | 7.29 | 8.57 | 3.79 | 4.30 | 2.37 | 7.58 | 9.16 | 9.69 | 6.58 | 14.12 |
| Tax Expense | 1.57 | 1.59 | 2.16 | 2.58 | -0.22 | 1.11 | 0.74 | 1.84 | 2.34 | 2.46 | 1.69 | 3.46 |
| Tax % | 29% | 29.1% | 29.6% | 30.1% | -5.8% | 25.8% | 31.2% | 24.3% | 25.5% | 25.4% | 25.7% | 24.5% |
| Profit After Tax | 3.84 | 3.88 | 5.13 | 5.99 | 4.01 | 3.19 | 1.63 | 5.74 | 6.82 | 7.23 | 4.89 | 10.66 |
| EPS (Basic) | 5.22 | 5.29 | 6.97 | 8.15 | 5.45 | 4.34 | 2.22 | 7.81 | 9.28 | 9.83 | 5.83 | 12.12 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 440.91 | 365.79 | 283.38 | 244.76 | 244.00 | 198.65 |
| YOY Revenue Growth % | 20.54% | 29.08% | 15.78% | 0.31% | 22.83% | - |
| Other Income | 3.07 | 3.15 | 1.48 | 1.82 | 0.71 | 0.26 |
| Total Income | 443.98 | 368.94 | 284.86 | 246.58 | 244.71 | 198.91 |
| Total Expenses + | 404.43 | 350.90 | 258.12 | 227.50 | 223.35 | 182.29 |
| Cost of Materials Consumed | 316.52 | 265.94 | 187.52 | 169.81 | 172.67 | 124.75 |
| Employee Benefit Expense | 19.67 | 19.08 | 16.39 | 13.14 | 9.22 | 7.56 |
| Other Expenses | 43.55 | 42.31 | 33.79 | 34.26 | 34.15 | 35.10 |
| Operating Profit | 36.48 | 14.89 | 25.26 | 17.26 | 20.65 | 16.36 |
| OPM % | 8.3% | 4.1% | 8.9% | 7.1% | 8.5% | 8.2% |
| Profit Before Exceptional | 39.55 | 18.04 | 26.74 | 19.08 | 21.36 | 16.62 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 17.82 | 0.00 |
| Profit Before Tax + | 39.55 | 18.04 | 26.74 | 19.08 | 39.18 | 16.62 |
| Tax Expense | 9.95 | 3.47 | 7.90 | 5.42 | 11.70 | 2.44 |
| Tax % | 25.2% | 19.2% | 29.5% | 28.4% | 29.9% | 14.7% |
| Profit After Tax | 29.60 | 14.57 | 18.84 | 13.66 | 27.48 | 14.18 |
| EPS (Basic) | 37.15 | 19.81 | 25.62 | 18.58 | 37.37 | 19.29 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 165.45 | 167.41 | 123.06 | 84.39 | 83.43 | 71.75 |
| Property, Plant & Equipment | 156.77 | 128.87 | 74.50 | 79.22 | 71.08 | 66.27 |
| Capital Work in Progress | 5.79 | 34.59 | 45.09 | 0.85 | 7.37 | 1.28 |
| Non-Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.12 | 0.17 | 0.19 | 0.20 | 0.00 | 0.00 |
| Current Assets + | 139.56 | 136.99 | 106.08 | 92.83 | 90.06 | 66.34 |
| Inventories | 51.84 | 57.01 | 43.28 | 36.37 | 29.40 | 26.09 |
| Trade Receivables | 70.89 | 64.09 | 47.89 | 40.11 | 41.34 | 28.68 |
| Cash and Cash Equivalents | 13.23 | 2.80 | 0.00 | 0.07 | 4.47 | 2.97 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 252.18 | 95.69 | 82.19 | 66.00 | 53.67 | 26.14 |
| Equity Share Capital | 8.79 | 7.35 | 7.35 | 7.35 | 7.35 | 7.35 |
| Other Equity | 243.39 | 88.34 | 74.84 | 58.65 | 46.32 | 18.79 |
| Non-Current Liabilities | 12.60 | 30.75 | 26.81 | 48.24 | 40.58 | 50.67 |
| Current Liabilities | 40.23 | 177.96 | 120.14 | 62.98 | 79.24 | 61.28 |
| Total Liabilities | 52.83 | 208.71 | 146.95 | 111.22 | 119.82 | 111.95 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 9.53 | 47.98 | 42.07 | 14.09 | 32.97 | 34.59 |
| Cash from Investing Activities | -20.05 | -50.16 | -40.33 | -8.53 | -17.11 | -3.68 |
| Cash from Financing Activities | 33.59 | 1.60 | -10.51 | -10.53 | -8.56 | -7.43 |
| Net Increase/Decrease in Cash | 23.07 | -0.58 | -8.77 | -4.97 | 7.30 | 23.47 |