	BSE	NSE
Last Price()	5,578.40 Oct 23,2026 EOD	5,576.00 Oct 23,2026 EOD
Today's Change( )	-421.25 (-7.02%)	-423.50 (-7.06%)
Open( )	5,999.55	5,985.00
Prev Close( )	5,999.65	5,999.50
Volume	60,605.00	151,423.00
Today's Range( )	5,999.55 - 5,534.45	6,023.00 - 5,525.00
52-Week Range( )	7,198.20 - 5,534.45	7,180.00 - 5,525.00
Buy (Size)	N.A	N.A
Sell (Size)	N.A	5,576.00(×300)

Company Background

Incorporation Year	1975
Registered Office	Atul House,G I Patel Marg, Ahmedabad, Gujarat-380014
Telephone	91-79-26460520/26461294/26463706
Fax	91-79-26404111
Chairman	Sunil S Lalbhai
Managing Director	Sunil S Lalbhai
Company Secretary	Lalit Patni
Auditor	Deloitte Haskins & Sells LLP
Face Value	10
Market Lot	1
Listing	BSE,MSEI ,NSEBSE,MSEI ,NSE
Registrar	MUFG Intime Pvt Ltd 5th Floor 506 to 508,ABC-I Off C G Road,Navrangpura,Ahmedabad-380009

Board of Directors

Board Of Directors
Chairman / Executive Director / M D / Promoter	Sunil S Lalbhai
ED / MD / Promoter	Samveg A Lalbhai
Executive Director / Whole Time Director / CFO	Gopi Kannan Thirukonda
Independent Non Exe. Director	Pradeep Banerjee Sharadchandra D Abhyankar Sujal A Shah Praveen Kadle Padmaja Chunduru
Executive Director / Whole Time Director	Vivek Gadre
Independent Non Exe. Director	S Khosla
Company Sec. & Compli. Officer	Lalit Patni

Balance Sheet

Particulars (Sources Of Funds)	Mar 2026 ( Cr)	Mar 2025 ( Cr)	Mar 2024 ( Cr)	Mar 2023 ( Cr)	Mar 2022 ( Cr)	Mar 2021 ( Cr)
Share Capital	29.46	29.46	29.46	29.53	29.61	29.61
Reserves Total	6026.46	5508.65	5059.94	4559.84	4286.78	3681.74
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	6055.92	5538.11	5089.40	4589.37	4316.39	3711.35
Secured Loans	6.50	8.06	10.52	5.41	22.77	0.00
Unsecured Loans	0.00	0.00	0.00	0.00	50.17	0.00
Total Debt	6.50	8.06	10.52	5.41	72.94	0.00
Other Liabilities	32.33	37.00	31.81	33.11	30.32	26.76
Total Liabilities	6094.75	5583.17	5131.73	4627.89	4419.65	3738.11
APPLICATION OF FUNDS :
Gross Block	2911.69	2846.19	2603.51	2131.97	1927.33	1603.49
Less : Accumulated Depreciation	1268.15	1104.26	946.76	783.36	651.13	544.38
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	1643.54	1741.93	1656.75	1348.61	1276.20	1059.11
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	80.81	91.36	217.27	356.31	173.44	238.92
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	3444.41	2829.21	2459.92	1127.84	1550.61	1550.73
Current Assets, Loans & Advances
Inventories	727.22	655.36	563.20	647.64	701.03	510.57
Sundry Debtors	1175.58	1027.22	848.60	893.86	1058.83	713.53
Cash and Bank Balance	20.54	4.27	11.14	3.09	20.75	308.73
Loans and Advances	144.33	145.06	182.36	316.64	171.66	117.62
Total Current Assets	2067.67	1831.91	1605.30	1861.23	1952.27	1650.45
Less : Current Liabilities and Provisions
Current Liabilities	998.37	784.19	730.40	700.37	788.36	716.28
Provisions	30.25	19.71	15.85	16.46	52.26	41.19
Total Current Liabilities & Provisions	1028.62	803.90	746.25	716.83	840.62	757.47
Net Current Assets	1039.05	1028.01	859.05	1144.40	1111.65	892.98
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	18.44	18.52	23.42	22.16	25.83	24.18
Deferred Tax Liability	191.76	182.71	150.24	108.34	116.19	116.05
Net Deferred Tax	-173.32	-164.19	-126.82	-86.18	-90.36	-91.87
Other Assets	60.26	56.85	65.56	736.91	398.11	88.24
Total Assets	6094.75	5583.17	5131.73	4627.89	4419.65	3738.11
Contingent Liabilities	9.54	9.54	13.53	12.06	119.97	117.30

Profit and Loss

Particulars(INCOME)	Mar 2026 ( Cr)	Mar 2025 ( Cr)	Mar 2024 ( Cr)	Mar 2023 ( Cr)	Mar 2022 ( Cr)	Mar 2021 ( Cr)
Sales Turnover	5563.57	5074.69	4357.70	5061.78	4992.75	3512.35
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	5563.57	5074.69	4357.70	5061.78	4992.75	3512.35
Other Income	198.91	132.99	134.61	199.44	90.07	103.71
Stock Adjustments	20.40	118.67	-91.31	-10.74	127.02	63.31
Total Income	5782.88	5326.35	4401.00	5250.48	5209.84	3679.37
EXPENDITURE :
Raw Materials	3086.55	2740.74	2281.88	2671.26	2751.49	1664.74
Power & Fuel Cost	556.06	577.21	476.63	613.15	489.34	300.58
Employee Cost	406.64	364.29	320.60	301.46	276.39	249.10
Other Manufacturing Expenses	350.69	350.09	306.24	311.76	316.87	288.23
Selling & Administrative Expenses	266.86	280.44	206.32	316.93	315.76	133.37
Miscellaneous Expenses	136.56	170.90	113.35	140.74	106.60	93.40
Less : Pre-operative Expenses Capitalised	0.00	0.00	0.00	0.00	0.00	0.00
Total Expenditure	4803.36	4483.67	3705.02	4355.30	4256.45	2729.42
Operating Profit	979.52	842.68	695.98	895.18	953.39	949.95
Interest	3.59	6.31	2.25	2.12	2.94	1.97
Gross Profit	975.93	836.37	693.73	893.06	950.45	947.98
Depreciation	215.96	213.04	184.22	162.85	146.48	120.23
Profit Before Tax	759.97	623.33	509.51	730.21	803.97	827.75
Tax	155.55	145.84	105.49	170.29	200.61	199.19
Fringe Benefit tax	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax	9.38	21.21	19.45	7.77	-4.17	-2.33
Reported Net Profit	595.04	456.28	384.57	552.15	607.53	630.89
Extraordinary Items	-1.30	-2.74	-1.72	-16.68	16.05	17.48
Adjusted Net Profit	596.34	459.02	386.29	568.83	591.48	613.41
Adjustment below Net Profit	4.52	-0.20	-61.57	-15.10	-5.06	-0.81
P & L Balance brought forward	4753.00	4355.80	4106.65	3663.76	3143.28	2513.20
Statutory Appropriations	0.00	0.00	0.00	0.00	0.00	0.00
Appropriations	73.60	58.88	73.85	94.16	81.99	0.00
P & L Balance carried down	5278.96	4753.00	4355.80	4106.65	3663.76	3143.28
Dividend	0.00	0.00	0.00	0.00	0.00	0.00
Preference Dividend	0.00	0.00	0.00	0.00	0.00	0.00
Equity Dividend %	300.00	250.00	200.00	325.00	250.00	200.00
Dividend Per Share(Rs)	30.00	25.00	20.00	32.50	25.00	20.00
Earnings Per Share-Unit Curr	201.98	154.88	130.54	186.98	205.18	213.07
Earnings Per Share(Adj)-Unit Curr	201.98	154.88	130.54	186.98	205.18	213.07
Book Value-Unit Curr	2055.64	1879.87	1727.56	1554.14	1457.75	1253.41
Book Value(Adj)-Unit Curr	2055.64	1879.87	1727.56	1554.14	1457.75	1253.41

Quarterly Results

Quarters:

Particulars	Sep 2026 ( Cr)	Jun 2026 ( Cr)	Mar 2026 ( Cr)
Gross Sales	1623.46	1588.60	1497.93
Other Operating Income	0.00	0.00	0.00
Other Income	49.92	26.31	74.96
Total Income	1673.38	1614.91	1572.89
Total Expenditure	1434.71	1292.26	1270.95
PBIDT	238.67	322.65	301.94
Interest	0.74	0.73	0.87
PBDT	237.93	321.92	301.07
Depreciation	52.01	52.07	52.33
Tax	38.65	66.17	40.11
Fringe Benefit Tax	0.00	0.00	0.00
Deferred Tax	5.83	2.65	4.79
Reported Profit After Tax	141.44	201.03	203.84
Extra-ordinary Items	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	141.44	201.03	203.84
EPS (Unit Curr.)	48.04	68.28	69.24
EPS (Adj) (Unit Curr.)	48.04	68.28	69.24
Calculated EPS (Unit Curr.)	48.04	68.28	69.24
Calculated EPS (Adj) (Unit Curr.)	48.04	68.28	69.24
Calculated EPS (Ann.) (Unit Curr.)	192.17	273.14	276.96
Calculated EPS (Adj) (Ann.) (Unit Curr.)	192.17	273.14	276.96
Book Value (Unit Curr.)	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00
Equity	29.44	29.44	29.44
Reserve & Surplus	0.00	0.00	0.00
Face Value	10.00	10.00	10.00
Public Shareholding (No. Of Shares)	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00
Pledged/Encumbered - No. of Shares	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00
Non Encumbered - No. of Shares	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00
PBIDTM(%)	14.70	20.31	20.16
PBDTM(%)	14.66	20.26	20.10
PATM(%)	8.71	12.65	13.61

Financial Ratios

Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Debt-Equity Ratio	0.00	0.00	0.00	0.01	0.01
Long Term Debt-Equity Ratio	0.00	0.00	0.00	0.00	0.00
Current Ratio	1.77	1.83	2.02	2.08	1.92
Fixed Assets	1.93	1.86	1.84	2.49	2.83
Inventory	8.05	8.33	7.20	7.51	8.24
Debtors	5.05	5.41	5.00	5.18	5.63
Interest Cover Ratio	212.69	99.78	227.45	345.44	274.46
PBIDTM (%)	17.61	16.61	15.97	17.69	19.10
PBITM (%)	13.72	12.41	11.74	14.47	16.16
PBDTM (%)	17.54	16.48	15.92	17.64	19.04
CPM (%)	14.58	13.19	13.05	14.13	15.10
APATM (%)	10.70	8.99	8.83	10.91	12.17
ROCE (%)	13.08	11.75	10.49	16.19	19.78
RONW (%)	10.26	8.59	7.95	12.40	15.14

Share Price

Year	High ()	Low ()	Close ()	P/E High	P/E Low	P/E Close	Mkt Cap.( In Cr.)
Sep 2026	6,630.00	5,895.00	5,926.60	33.57	28.95	29.26	17,448.95
Aug 2026	7,005.00	6,372.50	6,389.75	35.79	31.38	31.55	18,812.55
Jul 2026	6,900.00	5,991.60	6,732.90	35.36	29.29	33.24	19,822.84
Jun 2026	6,941.30	6,402.10	6,472.30	35.61	31.18	31.95	19,055.59
May 2026	7,198.20	6,761.00	6,832.95	36.40	33.03	33.73	20,117.40
Apr 2026	7,026.25	6,124.75	6,808.15	35.60	30.13	33.61	20,044.39
Mar 2026	6,714.00	5,976.00	6,372.95	34.36	29.22	31.46	18,763.08
Feb 2026	6,833.00	5,875.00	6,638.40	47.72	37.13	42.58	19,544.61
Jan 2026	6,306.50	5,563.00	6,214.60	41.05	34.15	39.86	18,296.87
Share Prices Of 2025
Dec 2025	6,181.00	5,612.00	6,141.60	39.84	34.42	39.39	18,081.95
Nov 2025	6,419.50	5,661.65	5,871.90	43.63	35.97	37.66	17,287.90
Oct 2025	6,249.45	5,750.00	5,765.75	41.39	36.78	36.98	16,975.38
Sep 2025	6,589.00	5,922.00	6,055.40	42.52	37.36	38.84	17,828.16
Aug 2025	6,823.95	6,216.95	6,289.65	46.03	39.41	40.34	18,517.83
Jul 2025	7,793.00	6,480.00	6,634.75	50.62	40.47	42.56	19,533.87
Jun 2025	7,532.15	6,609.80	7,470.95	49.63	40.47	47.92	21,995.79
May 2025	7,289.70	6,509.10	7,125.35	47.31	40.08	45.70	20,978.28
Apr 2025	6,824.95	4,882.00	6,736.35	44.35	29.54	43.21	19,833.00
Mar 2025	6,253.45	5,271.85	6,133.55	40.89	32.31	39.34	18,058.25
Feb 2025	6,337.45	5,151.00	5,304.10	49.29	37.78	40.43	15,616.20

Company Profile

Risk Disclosure on Derivatives

ATTENTION INVESTORS

ATTENTION INVESTORS

ATTENTION INVESTORS

Address	303, New Delhi House, 27, Barakhamba Road, New Delhi-110001. CIN No. U74899DL1995PTC070418
call	011-43074307-30 \| Fax: 011-43074315
Compliance Officers: Mr. Pravin Kumar Sinha (NSE, BSE & MCX)
call	011-43074317
mail	compliance@integratedmaster.com
Mr. Gopal Singh Kathayat (CDSL & NSDL)
call	011-43074310
mail	dp@integratedmaster.com
mail	Investor Grievance (IG): suggestions@integratedmaster.com