Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
6,321.85
5,966.91
6,281.58
6,287.56
5,370.17
4,674.02
4,993.92
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
6,321.85
5,966.91
6,281.58
6,287.56
5,370.17
4,674.02
4,993.92
Raw Material Cost
3.41
2.65
1.66
3.90
4.03
5.36
8.93
Purchase of Finished goods
2,338.14
1,799.96
1,682.10
2,167.35
1,827.78
1,550.78
1,485.39
(Increase) / Decrease In Stocks
-115.26
36.46
115.50
-136.10
-76.03
-15.15
11.40
Employee Cost
2,240.95
2,279.21
2,500.81
2,681.70
2,145.60
1,825.38
1,894.51
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
807.01
895.49
1,130.31
896.72
756.40
601.09
861.86
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
490.87
415.70
425.00
400.82
454.62
396.54
363.37
Total Expenditure (Excl Depreciation)
5,765.12
5,429.47
5,855.38
6,014.39
5,112.40
4,364.00
4,625.46
Operating Profit (PBDIT) excl Other Income
556.73
537.44
426.20
273.17
257.77
310.02
368.46
Other Income
5.98
5.03
19.17
21.63
22.55
11.13
33.03
Operating Profit (PBDIT)
562.71
542.47
445.37
294.80
280.32
321.15
401.49
Interest
157.64
144.72
141.25
111.28
73.60
97.91
129.38
Exceptional Items
-62.85
-65.69
-39.66
-52.31
-22.14
-31.69
-125.05
Gross Profit (PBDT)
342.22
332.06
264.46
131.21
184.58
191.55
147.06
Depreciation
116.35
113.28
114.34
107.48
98.60
95.56
98.96
Profit Before Tax
225.87
218.78
150.12
23.73
85.98
95.99
48.10
Tax
21.62
7.08
18.72
5.75
13.26
17.90
6.98
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
204.25
211.70
131.40
17.98
72.72
78.09
41.12
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
204.25
211.70
131.40
17.98
72.72
78.09
41.12
Share in Profit of Associates
13.27
-6.92
6.27
5.72
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
217.52
204.78
137.67
23.70
72.72
78.09
41.12
Equity Capital
35.50
33.87
33.61
33.58
32.81
32.53
29.75
Face Value
2.0
2.0
2.0
2.0
10.0
10.0
10.0
Reserves
1,251.41
724.87
447.31
262.44
227.59
174.17
-77.57
Earnings per share (EPS)
12.25
12.09
8.19
1.41
4.43
24.01
13.82
Diluted Earnings per share
16.33
12.11
10.54
1.41
21.92
24.49
13.68
Operating Profit Margin (Excl OI)
8.81%
9.01%
6.78%
4.34%
4.8%
6.63%
7.38%
Gross Profit Margin
5.41%
5.57%
4.21%
2.09%
3.44%
4.1%
2.94%
PAT Margin
3.44%
3.43%
2.19%
0.38%
1.35%
1.67%
0.82%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 5.95% vs -5.01% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 6.22% vs 48.75% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 3.59% vs 26.10% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 8.93% vs 2.46% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
Compare Annual Results Of Black Box With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
6,321.85
7,192.85
-871.00
-12.11%
Other Operating Income
0.00
0.00
0.00
Total Operating income
6,321.85
7,192.85
-871.00
-12.11%
Raw Material Cost
3.41
0.00
3.41
Purchase of Finished goods
2,338.14
0.00
2,338.14
(Increase) / Decrease In Stocks
-115.26
0.00
-115.26
Employee Cost
2,240.95
4,510.28
-2,269.33
-50.31%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
807.01
0.00
807.01
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
490.87
922.30
-431.43
-46.78%
Total Expenditure (Excl Depreciation)
5,765.12
5,432.58
332.54
6.12%
Operating Profit (PBDIT) excl Other Income
556.73
1,760.27
-1,203.54
-68.37%
Other Income
5.98
97.98
-92.00
-93.90%
Operating Profit (PBDIT)
562.71
1,858.25
-1,295.54
-69.72%
Interest
157.64
99.16
58.48
58.98%
Exceptional Items
-62.85
-32.82
-30.03
-91.50%
Gross Profit (PBDT)
342.22
1,726.27
-1,384.05
-80.18%
Depreciation
116.35
487.37
-371.02
-76.13%
Profit Before Tax
225.87
1,238.90
-1,013.03
-81.77%
Tax
21.62
314.13
-292.51
-93.12%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
204.25
924.77
-720.52
-77.91%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
204.25
924.77
-720.52
-77.91%
Share in Profit of Associates
13.27
0.00
13.27
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
217.52
924.77
-707.25
-76.48%
Equity Capital
35.50
4,679.27
-4,643.77
-99.24%
Face Value
2.00
10.00
0.00
Reserves
1,251.41
0.00
1,251.41
Earnings per share (EPS)
12.25
1.98
10.27
518.69%
Diluted Earnings per share
16.33
1.98
14.35
724.75%
Operating Profit Margin (Excl OI)
8.81%
24.47%
0.00
-15.66%
Gross Profit Margin
5.41%
24.00%
0.00
-18.59%
PAT Margin
3.44%
12.86%
0.00
-9.42%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 6,321.85 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 5.95% vs -5.01% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 217.52 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 6.22% vs 48.75% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 556.73 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 3.59% vs 26.10% in Mar 2025
Annual - Interest
Interest 157.64 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 8.93% vs 2.46% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 8.81%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025






