Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'19
Mar'18
Mar'17
Mar'16
Mar'15
Mar'14
Mar'13
Net Sales
1,407.35
1,353.84
1,310.56
1,345.76
1,209.06
1,371.04
1,407.01
Other Operating Income
0.00
0.00
0.00
6.46
5.66
5.80
9.03
Total Operating income
1,407.35
1,353.84
1,310.56
1,352.23
1,214.72
1,376.84
1,416.04
Raw Material Cost
619.95
619.30
661.90
715.85
575.37
702.31
693.11
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
87.57
90.71
73.45
68.22
67.48
60.15
56.15
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
112.29
44.94
38.82
161.50
146.53
141.38
121.79
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
39.38
116.10
106.04
0.00
-0.01
0.00
0.00
Total Expenditure (Excl Depreciation)
859.19
871.05
880.21
945.57
789.37
903.84
871.05
Operating Profit (PBDIT) excl Other Income
548.16
482.79
430.36
406.66
425.35
473.00
544.99
Other Income
116.80
51.26
71.05
36.24
43.24
30.81
14.27
Operating Profit (PBDIT)
664.96
534.05
501.41
442.90
468.59
503.81
559.26
Interest
50.32
56.85
73.19
75.57
78.00
88.27
105.15
Exceptional Items
-139.61
0.00
0.00
0.00
-18.51
0.00
60.15
Gross Profit (PBDT)
475.03
477.20
428.21
367.33
372.08
415.54
514.26
Depreciation
168.40
159.70
127.22
117.61
122.59
158.06
160.78
Profit Before Tax
306.64
317.50
300.99
249.73
249.49
257.48
353.48
Tax
51.88
72.98
71.74
61.45
123.14
71.50
134.66
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
254.76
244.52
229.25
188.27
126.35
185.98
218.82
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
254.76
244.52
229.25
188.27
126.35
185.98
218.82
Share in Profit of Associates
0.00
-78.47
0.00
0.00
-0.01
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
254.76
166.05
229.25
188.27
126.34
185.98
218.82
Equity Capital
151.25
151.25
151.25
151.25
151.25
151.25
151.25
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
2,419.49
0.00
2,084.86
1,882.12
1,685.35
1,604.58
1,482.82
Earnings per share (EPS)
16.84
10.98
15.16
12.45
8.35
12.3
14.47
Diluted Earnings per share
16.84
10.98
15.16
12.45
8.35
12.3
14.47
Operating Profit Margin (Excl OI)
38.95%
35.66%
32.84%
30.07%
35.02%
34.35%
38.49%
Gross Profit Margin
33.75%
35.25%
32.67%
27.16%
30.63%
30.18%
36.32%
PAT Margin
18.1%
18.06%
17.49%
13.92%
10.4%
13.51%
15.45%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
41.79%
41.79%
41.79%
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 18.70% vs -6.85% in Mar 2025
Standalone Net Profit
YoY Growth in year ended Mar 2026 is 90.33% vs 6.51% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 32.41% vs 6.54% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 246.73% vs -14.17% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has improved from Mar 2025
Compare Annual Results Of Guj Inds. Power With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
1,407.35
2,146.02
-738.67
-34.42%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,407.35
2,146.02
-738.67
-34.42%
Raw Material Cost
619.95
1,662.13
-1,042.18
-62.70%
Purchase of Finished goods
0.00
272.06
-272.06
-100.00%
(Increase) / Decrease In Stocks
0.00
-218.74
218.74
100.00%
Employee Cost
87.57
50.54
37.03
73.27%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
112.29
-0.01
112.30
1,123,000.00%
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
39.38
92.92
-53.54
-57.62%
Total Expenditure (Excl Depreciation)
859.19
1,858.90
-999.71
-53.78%
Operating Profit (PBDIT) excl Other Income
548.16
287.12
261.04
90.92%
Other Income
116.80
17.50
99.30
567.43%
Operating Profit (PBDIT)
664.96
304.62
360.34
118.29%
Interest
50.32
23.54
26.78
113.76%
Exceptional Items
-139.61
0.00
-139.61
Gross Profit (PBDT)
475.03
281.08
193.95
69.00%
Depreciation
168.40
35.80
132.60
370.39%
Profit Before Tax
306.64
245.29
61.35
25.01%
Tax
51.88
44.65
7.23
16.19%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
254.76
200.63
54.13
26.98%
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
254.76
200.63
54.13
26.98%
Share in Profit of Associates
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
254.76
200.63
54.13
26.98%
Equity Capital
151.25
22.04
129.21
586.25%
Face Value
10.00
1.00
0.00
Reserves
2,419.49
0.00
2,419.49
Earnings per share (EPS)
16.84
9.10
7.74
85.05%
Diluted Earnings per share
16.84
9.10
7.74
85.05%
Operating Profit Margin (Excl OI)
38.95%
13.38%
0.00
25.57%
Gross Profit Margin
33.75%
13.10%
0.00
20.65%
PAT Margin
18.10%
9.35%
0.00
8.75%
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 1,491.12 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 18.70% vs -6.85% in Mar 2025
Annual - Standalone Net Profit
Standalone Net Profit 402.41 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 90.33% vs 6.51% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 537.76 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 32.41% vs 6.54% in Mar 2025
Annual - Interest
Interest 110.71 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 246.73% vs -14.17% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 36.06%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has improved from Mar 2025






