We enclosed herewith the copy of notice published in the newspapers.
We enclose the communication proposed to be sent to the identified shareholders pursuant to Rule 6(3) of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and refund) Rules, 2016.
We enclosed herewith the copy of audited financial results of the Company published in the newspapers.
Capacity Addition in Madurai - Details are attached
Results- Financial Results for March 31, 2026 (Standalone & Consolidated)
Audited Financial Results (Standalone & Consolidated) for FY25-26 & Declaration of Dividend
We are enclosing the Annual Secretarial Compliance Report of the company for the financial year ended 31.03.2026, provided by SPNP & Associates, Practicing Company Secretary, Chennai.
i) To consider approving the audited financial results (standalone and consolidated) of the company for the financial year ended 31st March 2026 and ii) To consider recommending dividend, if any, for the financial year ended 31st March 2026.
We have attached the Tax Litigation details.
| 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 | 668.76 | 704.47 | 677.38 | 703.42 | 738.92 | 784.93 | 747.00 | 752.05 | 761.74 | 865.04 | 850.36 | 912.52 |
| YOY Revenue Growth % | -6.28% | -12.51% | -3.15% | 8.68% | 10.49% | 11.42% | 10.28% | 6.91% | 3.09% | 10.21% | 13.84% | 21.34% |
| Other Income | 3.26 | 0.57 | 2.01 | 1.25 | 0.97 | 2.73 | 1.81 | 2.12 | 2.51 | 3.52 | 1.54 | 6.21 |
| Total Income | 672.02 | 705.04 | 679.39 | 704.67 | 739.89 | 787.66 | 748.81 | 754.17 | 764.25 | 868.56 | 851.90 | 918.73 |
| Total Expenses + | 647.08 | 652.52 | 648.79 | 664.83 | 723.81 | 762.75 | 746.28 | 737.68 | 757.51 | 844.78 | 819.94 | 874.00 |
| Cost of Materials Consumed | 353.38 | 372.02 | 371.49 | 386.43 | 407.34 | 481.97 | 477.21 | 438.93 | 438.12 | 472.28 | 486.96 | 497.19 |
| Employee Benefit Expense | 77.86 | 83.04 | 81.42 | 82.87 | 87.63 | 90.76 | 87.27 | 84.42 | 91.55 | 94.90 | 92.08 | 98.47 |
| Other Expenses | 162.59 | 154.27 | 156.73 | 160.17 | 185.09 | 179.26 | 168.41 | 158.49 | 165.16 | 189.94 | 198.94 | 225.99 |
| Operating Profit | 21.68 | 51.95 | 28.59 | 38.59 | 15.11 | 22.18 | 0.72 | 14.37 | 4.23 | 20.26 | 30.42 | 38.52 |
| OPM % | 3.2% | 7.4% | 4.2% | 5.5% | 2% | 2.8% | 0.1% | 1.9% | 0.6% | 2.3% | 3.6% | 4.2% |
| Profit Before Tax + | 24.94 | 51.24 | 30.51 | 32.26 | 15.43 | 24.91 | -3.57 | 11.84 | 24.30 | 21.22 | 18.99 | 45.62 |
| Tax Expense | 6.28 | 14.22 | 8.26 | 6.63 | 4.17 | 6.72 | -0.49 | 1.25 | 6.18 | 5.41 | 4.83 | 11.00 |
| Tax % | 25.2% | 27.8% | 27.1% | 20.6% | 27% | 27% | - | 10.6% | 25.4% | 25.5% | 25.4% | 24.1% |
| Profit After Tax | 18.66 | 37.02 | 22.25 | 25.63 | 11.26 | 18.19 | -3.08 | 10.59 | 18.12 | 15.81 | 14.16 | 34.62 |
| EPS (Basic) | 24.36 | 48.35 | 29.05 | 33.47 | 14.70 | 23.76 | -4.02 | 13.84 | 23.66 | 20.65 | 18.49 | 45.22 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 3,389.66 | 3,022.90 | 2,754.03 | 2,865.39 | 2,447.36 | 1,875.83 | 2,052.24 |
| YOY Revenue Growth % | 12.13% | 9.76% | -3.89% | 17.08% | 30.47% | -8.6% | - |
| Other Income | 13.78 | 7.63 | 7.09 | 7.87 | 5.92 | 5.31 | 9.48 |
| Total Income | 3,403.44 | 3,030.53 | 2,761.12 | 2,873.26 | 2,453.28 | 1,881.14 | 2,061.72 |
| Total Expenses + | 3,296.23 | 2,970.52 | 2,613.22 | 2,776.48 | 2,393.57 | 1,784.45 | 1,848.93 |
| Cost of Materials Consumed | 1,894.55 | 1,805.45 | 1,483.32 | 1,722.39 | 1,569.62 | 982.89 | 1,186.22 |
| Employee Benefit Expense | 377.00 | 350.08 | 325.19 | 301.34 | 285.89 | 254.34 | 282.24 |
| Other Expenses | 780.03 | 691.25 | 633.75 | 647.37 | 547.39 | 390.96 | 380.47 |
| Operating Profit | 93.43 | 52.38 | 140.81 | 88.91 | 53.79 | 91.38 | 203.31 |
| OPM % | 2.8% | 1.7% | 5.1% | 3.1% | 2.2% | 4.9% | 9.9% |
| Profit Before Exceptional | 107.21 | 60.01 | 147.90 | 96.78 | 59.71 | 96.69 | 89.77 |
| Exceptional Items | 2.92 | -11.40 | -8.95 | -5.49 | -2.77 | -0.23 | 0.00 |
| Profit Before Tax + | 110.13 | 48.61 | 138.95 | 91.29 | 56.94 | 96.46 | 89.77 |
| Tax Expense | 27.42 | 11.65 | 35.39 | 21.17 | 15.37 | 23.70 | 5.35 |
| Tax % | 24.9% | 24% | 25.5% | 23.2% | 27% | 24.6% | 6% |
| Profit After Tax | 82.71 | 36.96 | 103.56 | 70.12 | 41.57 | 72.76 | 84.42 |
| EPS (Basic) | 108.02 | 48.28 | 135.25 | 91.58 | 54.29 | 95.02 | 110.25 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 1,807.39 | 1,755.44 | 1,606.66 | 1,405.42 | 1,257.98 | 912.59 | 0.00 |
| Property, Plant & Equipment | 1,002.47 | 1,022.88 | 948.27 | 843.32 | 644.61 | 624.03 | 0.00 |
| Capital Work in Progress | 37.85 | 63.25 | 101.96 | 108.87 | 207.92 | 42.44 | 0.00 |
| Non-Current Investments | 513.10 | 490.80 | 358.39 | 320.04 | 319.87 | 162.90 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 88.07 | 72.89 | 58.03 | 23.00 | 25.19 | 2.77 | 0.00 |
| Current Assets + | 1,165.31 | 1,134.43 | 1,026.24 | 1,003.72 | 1,091.56 | 704.37 | 0.00 |
| Inventories | 658.14 | 717.88 | 629.40 | 755.86 | 800.38 | 416.10 | 0.00 |
| Trade Receivables | 364.57 | 298.23 | 229.66 | 193.38 | 225.04 | 232.45 | 0.00 |
| Cash and Cash Equivalents | 11.78 | 10.84 | 11.76 | 7.54 | 4.89 | 2.97 | 0.00 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 1,230.30 | 1,202.93 | 1,113.97 | 1,040.36 | 984.80 | 840.60 | 0.00 |
| Equity Share Capital | 7.66 | 7.66 | 7.66 | 7.66 | 7.66 | 7.66 | 0.00 |
| Other Equity | 1,222.64 | 1,195.27 | 1,106.31 | 1,032.70 | 977.14 | 832.94 | 0.00 |
| Non-Current Liabilities | 436.79 | 476.73 | 529.19 | 414.76 | 532.19 | 226.73 | 0.00 |
| Current Liabilities | 1,305.61 | 1,210.21 | 989.74 | 954.02 | 832.55 | 549.63 | 0.00 |
| Total Liabilities | 1,742.40 | 1,686.94 | 1,518.93 | 1,368.78 | 1,364.74 | 776.36 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 281.30 | 205.01 | 240.83 | 216.75 | -63.31 | 349.07 | 0.00 |
| Cash from Investing Activities | -115.83 | -115.28 | -350.17 | -201.75 | -282.18 | -139.24 | 0.00 |
| Cash from Financing Activities | -164.53 | -90.65 | 113.56 | -12.35 | 347.41 | -208.47 | 0.00 |
| Net Increase/Decrease in Cash | 0.94 | -0.92 | 4.22 | 2.65 | 1.92 | 1.36 | 0.00 |