Communication sent to shareholders regarding deduction of Tax on Dividend for the Financial Year 2025-26
Transcript of the earnings conference call conducted on June 1, 2026
Recording of earnings conference call conducted on June 1, 2026
Newspaper Publication(s)
Investor Presentation
Earnings Release for the quarter ended 31st March, 2026
The Board Recommended a Dividend of Rs.3/- per equity share of Rs.10/- each (30%) for the financial year ended 31st March, 2026
Re-appointment of Mr. Paresh Nath Sharma (DIN: 00023625) as an Independent Director of the Company for the second term of five consecutive years commencing with effect from 11th February 2027 to 10th February 2032 (both days inclusive).
Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and year ended March 31, 2026, together with Auditors’ Reports of the Statutory Auditors
1) Audited Financial Results (Standalone & Consolidated) 2) Auditors’ Report on the Quarterly & Year to date Financial Results
| 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 | 3,258.26 | 3,369.44 | 3,309.47 | 3,426.46 | 3,653.75 | 3,833.38 | 3,734.68 | 3,814.28 | 3,900.56 | 3,832.03 | 3,612.01 | 4,055.92 |
| YOY Revenue Growth % | -19.19% | -10.57% | -4.97% | 1.37% | 12.14% | 13.77% | 12.85% | 11.32% | 6.75% | -0.04% | -3.28% | 6.34% |
| Other Income | 19.96 | 20.02 | 35.91 | 70.26 | 28.77 | 19.83 | 39.55 | 59.51 | 21.29 | 28.95 | 20.84 | 41.39 |
| Total Income | 3,278.22 | 3,389.46 | 3,345.38 | 3,496.72 | 3,682.52 | 3,853.21 | 3,774.23 | 3,873.79 | 3,921.85 | 3,860.98 | 3,632.85 | 4,097.31 |
| Total Expenses + | 3,269.59 | 3,279.68 | 3,284.47 | 3,353.68 | 3,577.45 | 3,791.57 | 3,626.96 | 3,761.89 | 3,828.60 | 3,819.76 | 3,568.55 | 3,876.79 |
| Cost of Materials Consumed | 2,046.49 | 2,003.70 | 2,031.74 | 2,082.81 | 2,325.61 | 2,339.98 | 2,385.15 | 2,344.84 | 2,365.57 | 2,243.22 | 2,054.39 | 2,213.82 |
| Employee Benefit Expense | 291.53 | 296.38 | 300.61 | 305.74 | 328.10 | 335.24 | 332.96 | 353.75 | 380.26 | 394.27 | 382.74 | 399.63 |
| Other Expenses | 591.35 | 587.75 | 694.12 | 626.03 | 660.14 | 720.32 | 682.83 | 704.49 | 707.91 | 734.39 | 705.48 | 762.98 |
| Operating Profit | -11.33 | 89.76 | 25.00 | 72.78 | 76.30 | 41.81 | 107.72 | 52.39 | 71.96 | 12.27 | 43.46 | 179.13 |
| OPM % | -0.3% | 2.7% | 0.8% | 2.1% | 2.1% | 1.1% | 2.9% | 1.4% | 1.8% | 0.3% | 1.2% | 4.4% |
| Profit Before Tax + | -372.92 | 109.78 | -39.14 | -246.66 | -75.68 | -31.00 | 172.92 | 181.86 | 93.25 | 41.22 | 51.85 | 213.92 |
| Tax Expense | 43.26 | 46.47 | 28.08 | 24.24 | 22.77 | 33.62 | 36.10 | 13.29 | 35.23 | 14.31 | 15.75 | 17.89 |
| Tax % | - | 42.3% | - | - | - | - | 20.9% | 7.3% | 37.8% | 34.7% | 30.4% | 8.4% |
| Profit After Tax | -416.18 | 63.31 | -67.22 | -270.90 | -98.45 | -64.62 | 136.82 | 168.57 | 58.02 | 26.91 | 36.10 | 196.03 |
| EPS (Basic) | -57.63 | 8.77 | -9.31 | -37.52 | -13.63 | -8.95 | 18.95 | 23.34 | 8.03 | 3.73 | 5.01 | 27.15 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 15,400.52 | 15,036.09 | 13,363.63 | 14,662.51 | 13,127.14 | 8,890.75 | 7,404.84 |
| YOY Revenue Growth % | 2.42% | 12.52% | -8.86% | 11.7% | 47.65% | 20.07% | - |
| Other Income | 112.47 | 147.66 | 146.15 | 121.98 | 109.65 | 24.11 | 26.78 |
| Total Income | 15,512.99 | 15,183.75 | 13,509.78 | 14,784.49 | 13,236.79 | 8,914.86 | 7,431.62 |
| Total Expenses + | 15,093.70 | 14,757.87 | 13,187.42 | 13,978.44 | 11,816.39 | 7,772.67 | 6,361.03 |
| Cost of Materials Consumed | 8,877.00 | 9,395.58 | 8,164.74 | 9,291.61 | 8,009.52 | 4,663.47 | 4,289.19 |
| Employee Benefit Expense | 1,556.90 | 1,350.05 | 1,194.26 | 1,073.53 | 920.63 | 793.68 | 719.77 |
| Other Expenses | 2,910.76 | 2,767.78 | 2,499.25 | 2,625.05 | 2,288.88 | 1,604.40 | 1,352.07 |
| Operating Profit | 306.82 | 278.22 | 176.21 | 684.07 | 1,310.75 | 1,118.08 | 1,043.81 |
| OPM % | 2% | 1.9% | 1.3% | 4.7% | 10% | 12.6% | 14.1% |
| Profit Before Exceptional | 419.29 | 425.88 | 322.36 | 806.05 | 1,420.40 | 1,142.19 | 480.86 |
| Exceptional Items | -19.05 | -177.78 | -871.30 | -150.00 | -38.10 | 0.00 | 0.00 |
| Profit Before Tax + | 400.24 | 248.10 | -548.94 | 656.05 | 1,382.30 | 1,142.19 | 480.86 |
| Tax Expense | 83.28 | 105.78 | 142.05 | 175.37 | 282.87 | 298.51 | 109.98 |
| Tax % | 20.8% | 42.6% | - | 26.7% | 20.5% | 26.1% | 22.9% |
| Profit After Tax | 316.96 | 142.32 | -690.99 | 480.68 | 1,099.43 | 843.68 | 370.88 |
| EPS (Basic) | 43.91 | 19.71 | -95.69 | 66.57 | 152.09 | 116.73 | 51.21 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 13,183.23 | 10,978.16 | 9,675.30 | 8,868.51 | 7,751.05 | 7,047.78 | 0.00 |
| Property, Plant & Equipment | 8,937.92 | 8,166.41 | 7,659.79 | 7,211.27 | 5,888.53 | 4,931.71 | 0.00 |
| Capital Work in Progress | 2,169.17 | 711.69 | 538.28 | 456.80 | 662.22 | 1,509.18 | 0.00 |
| Non-Current Investments | 116.45 | 144.78 | 169.99 | 190.93 | 212.17 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 17.99 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 254.66 | 12.24 | 0.00 | 14.47 | 517.62 | 88.21 | 0.00 |
| Current Assets + | 8,988.21 | 8,458.35 | 7,672.40 | 7,569.17 | 6,690.06 | 4,775.88 | 0.00 |
| Inventories | 2,408.28 | 2,535.41 | 1,917.79 | 2,310.85 | 1,831.40 | 1,150.57 | 0.00 |
| Trade Receivables | 3,860.82 | 3,750.97 | 3,437.28 | 3,232.13 | 3,510.74 | 2,405.50 | 0.00 |
| Cash and Cash Equivalents | 984.44 | 1,125.22 | 1,046.71 | 1,008.37 | 539.78 | 559.92 | 0.00 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 8,122.42 | 7,396.49 | 7,224.96 | 7,505.51 | 6,695.84 | 5,556.62 | 0.00 |
| Equity Share Capital | 72.21 | 72.21 | 72.21 | 72.21 | 72.21 | 72.21 | 0.00 |
| Other Equity | 8,050.21 | 7,324.28 | 7,152.75 | 7,433.30 | 6,623.63 | 5,484.41 | 0.00 |
| Non-Current Liabilities | 6,633.61 | 5,578.72 | 4,855.36 | 4,084.77 | 3,667.52 | 3,192.21 | 0.00 |
| Current Liabilities | 7,415.41 | 6,461.30 | 5,267.38 | 4,847.40 | 4,077.75 | 3,074.83 | 0.00 |
| Total Liabilities | 14,049.02 | 12,040.02 | 10,122.74 | 8,932.17 | 7,745.27 | 6,267.04 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 992.37 | 1,134.78 | 825.38 | 1,382.67 | 707.05 | 0.00 | 0.00 |
| Cash from Investing Activities | -2,014.87 | -1,732.25 | -1,619.07 | -1,171.59 | -950.61 | 0.00 | 0.00 |
| Cash from Financing Activities | 940.82 | 677.77 | 775.57 | 292.02 | 216.03 | 0.00 | 0.00 |
| Net Increase/Decrease in Cash | -81.68 | 80.30 | 1,073.25 | 503.10 | -27.53 | 0.00 | 0.00 |