	BSE	NSE
Last Price()	2,412.25 Jul 16,2026 EOD	2,408.90 Jul 16,2026 EOD
Today's Change( )	0.00 (0.00%)	0.00 (0.00%)
Open( )	2,509.35	2,506.00
Prev Close( )	2,412.25	2,408.90
Volume	68,027.00	4,779,224.00
Today's Range( )	2,509.40 - 2,379.45	2,525.50 - 2,380.00
52-Week Range( )	2,509.40 - 1,672.35	2,525.50 - 1,675.00
Buy (Size)	N.A	2,408.90(×2703)
Sell (Size)	N.A	N.A

Company Background

Incorporation Year	1976
Registered Office	302 ISCON Mall Star India,Bazar Bldg Opp Jodhpur BRTS Sa, Ahmedabad, Gujarat-380015
Telephone	NA
Fax	NA
Chairman	Arun Duggal
Managing Director	Aman Mehta
Company Secretary	SANDEEP PHADNIS
Auditor	Deloitte Haskins & Sells LLP
Face Value	1
Market Lot	1
Listing	MSEI ,NSEMSEI ,NSE
Registrar	Datamatics Financial Services Plot No B-5 MIDC ,Part B Cross Lane ,Marol Andheri(E) ,Mumbai-400093

Board of Directors

Board Of Directors
Chairman & Independent Directo	Arun Duggal
Independent Non Exe. Director	Sumit Bose Ashwani Puri Richa Arora
Executive Director & MD	Aman Mehta
Non-Exec & Non-Independent Dir	Amal Satyawan Kelshikar Hasmukh Patel Sudhir Menon
VP - Secretarial / CS / CO	SANDEEP PHADNIS

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	16.06	15.57	15.52	15.48	15.46	15.46
Reserves Total	4021.65	3361.63	2870.74	2426.98	2088.21	1791.00
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.03	0.00	0.00
Total Shareholders Funds	4037.71	3377.20	2886.26	2442.49	2103.67	1806.46
Secured Loans	0.00	0.00	341.80	526.93	26.32	26.43
Unsecured Loans	2.74	12.42	17.59	20.52	25.96	12.19
Total Debt	2.74	12.42	359.39	547.45	52.28	38.62
Other Liabilities	32.57	24.09	20.02	17.10	16.39	17.50
Total Liabilities	4073.02	3413.71	3265.67	3007.04	2172.34	1862.58
APPLICATION OF FUNDS :
Gross Block	2913.97	2867.77	2749.15	2522.18	1796.83	1108.14
Less : Accumulated Depreciation	1117.53	984.48	823.73	700.52	593.16	543.54
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	1796.44	1883.29	1925.42	1821.66	1203.67	564.60
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	73.80	61.70	76.06	55.15	18.68	25.57
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	907.81	487.96	531.23	338.94	145.69	810.85
Current Assets, Loans & Advances
Inventories	643.38	471.64	461.20	386.95	349.78	278.91
Sundry Debtors	711.71	768.09	624.78	523.58	518.05	374.11
Cash and Bank Balance	62.05	90.57	63.70	55.76	39.67	26.43
Loans and Advances	561.27	131.26	201.07	239.83	223.35	113.52
Total Current Assets	1978.41	1461.55	1350.75	1206.12	1130.86	792.97
Less : Current Liabilities and Provisions
Current Liabilities	489.06	511.30	435.06	313.24	266.50	243.43
Provisions	70.17	66.65	58.36	43.30	47.32	30.65
Total Current Liabilities & Provisions	559.23	577.94	493.42	356.53	313.82	274.08
Net Current Assets	1419.18	883.61	857.33	849.59	817.03	518.89
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	28.85	13.83	11.27	7.52	8.39	8.36
Deferred Tax Liability	220.10	200.08	165.81	114.11	60.31	72.13
Net Deferred Tax	-191.25	-186.25	-154.54	-106.59	-51.92	-63.77
Other Assets	67.02	283.40	30.17	48.28	39.18	6.44
Total Assets	4073.01	3413.71	3265.67	3007.03	2172.32	1862.58
Contingent Liabilities	106.98	131.94	131.64	104.73	49.13	53.62

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	3889.89	3722.92	3298.64	2884.16	2189.88	1892.00
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	3889.89	3722.92	3298.64	2884.16	2189.88	1892.00
Other Income	55.28	34.74	34.67	8.65	38.61	115.92
Stock Adjustments	110.96	-15.53	49.22	27.48	25.57	15.70
Total Income	4056.13	3742.13	3382.53	2920.29	2254.06	2023.62
EXPENDITURE :
Raw Materials	1330.18	1236.70	1158.29	1064.21	769.27	641.46
Power & Fuel Cost	83.83	83.83	87.95	91.44	71.37	62.60
Employee Cost	722.43	646.79	565.38	499.95	399.06	305.98
Other Manufacturing Expenses	163.27	143.79	120.93	106.13	97.36	84.69
Selling & Administrative Expenses	535.10	491.43	446.93	394.90	305.91	204.68
Miscellaneous Expenses	137.32	86.92	88.96	90.33	63.58	55.96
Less : Pre-operative Expenses Capitalised	0.00	0.00	0.00	0.00	0.00	0.00
Total Expenditure	2972.12	2689.46	2468.44	2246.95	1706.54	1355.37
Operating Profit	1084.01	1052.68	914.09	673.34	547.52	668.25
Interest	4.59	9.12	40.52	34.31	4.95	7.19
Gross Profit	1079.42	1043.56	873.57	639.03	542.57	661.06
Depreciation	176.69	166.45	135.24	111.99	71.28	67.36
Profit Before Tax	902.73	877.11	738.33	527.04	471.29	593.70
Tax	222.53	191.69	145.49	83.35	122.50	137.50
Fringe Benefit tax	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax	6.10	32.88	49.49	54.80	-12.21	9.12
Reported Net Profit	674.10	652.54	543.36	388.89	361.00	447.08
Extraordinary Items	-9.23	33.94	11.70	2.92	27.75	46.97
Adjusted Net Profit	683.33	618.60	531.66	385.97	333.25	400.11
Adjustment below Net Profit	-2.68	-4.43	-3.71	0.13	0.07	-12.50
P & L Balance brought forward	2863.89	2452.82	2070.16	1808.73	1575.18	1214.01
Statutory Appropriations	0.00	0.00	0.00	0.00	0.00	0.00
Appropriations	313.29	237.04	156.99	127.59	127.52	73.42
P & L Balance carried down	3222.02	2863.89	2452.82	2070.16	1808.73	1575.18
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 %	2200.00	1550.00	1225.00	887.50	825.00	825.00
Dividend Per Share(Rs)	22.00	15.50	12.25	17.75	16.50	16.50
Earnings Per Share-Unit Curr	41.98	41.92	35.01	50.26	46.71	57.85
Earnings Per Share(Adj)-Unit Curr	41.98	41.92	35.01	25.13	23.36	28.93
Book Value-Unit Curr	251.48	216.94	185.98	315.65	272.21	233.75
Book Value(Adj)-Unit Curr	251.48	216.94	185.98	157.83	136.11	116.88

Quarterly Results

Quarters:

Particulars	Mar 2026 ( Cr)	Dec 2025 ( Cr)	Sep 2025 ( Cr)
Gross Sales	836.43	990.91	1022.65
Other Operating Income	0.00	0.00	0.00
Other Income	10.24	16.89	14.25
Total Income	846.67	1007.80	1036.90
Total Expenditure	668.68	721.41	724.29
PBIDT	177.99	286.39	312.61
Interest	1.33	1.59	1.01
PBDT	176.66	284.80	311.60
Depreciation	48.56	43.62	43.11
Tax	36.27	58.08	64.99
Fringe Benefit Tax	0.00	0.00	0.00
Deferred Tax	-4.71	3.83	3.08
Reported Profit After Tax	96.54	179.27	200.42
Extra-ordinary Items	-19.48	0.00	0.00
Adjusted Profit After Extra-ordinary item	116.02	179.27	200.42
EPS (Unit Curr.)	6.05	11.45	12.82
EPS (Adj) (Unit Curr.)	6.05	11.45	12.82
Calculated EPS (Unit Curr.)	6.01	11.44	12.80
Calculated EPS (Adj) (Unit Curr.)	6.01	11.44	12.80
Calculated EPS (Ann.) (Unit Curr.)	24.04	45.76	51.19
Calculated EPS (Adj) (Ann.) (Unit Curr.)	24.04	45.76	51.19
Book Value (Unit Curr.)	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00
Equity	16.06	15.67	15.66
Reserve & Surplus	0.00	0.00	0.00
Face Value	1.00	1.00	1.00
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(%)	21.28	28.90	30.57
PBDTM(%)	21.12	28.74	30.47
PATM(%)	11.54	18.09	19.60

Financial Ratios

Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Debt-Equity Ratio	0.00	0.06	0.17	0.13	0.02
Long Term Debt-Equity Ratio	0.00	0.01	0.08	0.09	0.01
Current Ratio	2.22	1.60	1.60	2.28	2.46
Fixed Assets	1.35	1.33	1.25	1.34	1.51
Inventory	6.98	7.98	7.78	7.83	6.97
Debtors	5.26	5.35	5.74	5.54	4.91
Interest Cover Ratio	197.67	97.17	19.22	16.36	96.21
PBIDTM (%)	27.87	28.28	27.71	23.35	25.00
PBITM (%)	23.33	23.80	23.61	19.46	21.75
PBDTM (%)	27.75	28.03	26.48	22.16	24.78
CPM (%)	21.87	22.00	20.57	17.37	19.74
APATM (%)	17.33	17.53	16.47	13.48	16.48
ROCE (%)	24.24	26.54	24.83	21.68	23.61
RONW (%)	18.18	20.84	20.39	17.11	18.46

Share Price

Year	High ()	Low ()	Close ()	P/E High	P/E Low	P/E Close	Mkt Cap.( In Cr.)
Jul 2026	2,509.40	2,270.00	2,412.25	61.34	52.72	56.68	38,730.77
Jun 2026	2,317.65	2,080.70	2,295.40	54.98	47.81	53.93	36,854.65
May 2026	2,284.95	2,036.00	2,172.45	55.10	46.86	51.04	34,880.58
Apr 2026	2,100.30	1,866.55	2,048.10	51.55	41.93	48.12	32,884.03
Mar 2026	2,195.00	1,959.70	2,063.20	52.52	43.49	48.48	33,126.47
Feb 2026	2,112.55	1,825.35	2,052.90	55.61	46.72	53.28	32,961.10
Jan 2026	1,939.30	1,777.05	1,870.20	49.23	43.82	48.53	30,021.86
Share Prices Of 2025
Dec 2025	1,842.95	1,701.15	1,820.45	47.62	40.85	46.10	28,517.52
Nov 2025	1,844.45	1,672.35	1,770.65	47.15	41.30	44.84	27,736.96
Oct 2025	1,760.00	1,603.05	1,680.15	46.83	39.15	42.53	26,310.52
Sep 2025	1,742.95	1,640.00	1,707.90	44.92	40.75	43.23	26,745.07
Aug 2025	1,771.50	1,653.90	1,725.00	45.40	40.94	43.63	26,988.66
Jul 2025	1,812.65	1,604.00	1,767.45	46.57	40.36	44.66	27,628.42
Jun 2025	1,849.95	1,663.60	1,679.80	48.10	41.87	42.38	26,214.78
May 2025	1,722.00	1,495.00	1,680.25	43.92	37.43	42.34	26,188.47
Apr 2025	1,680.00	1,303.00	1,610.25	43.00	28.14	40.52	25,067.92
Mar 2025	1,748.95	1,434.85	1,622.20	45.19	34.13	40.82	25,253.96
Feb 2025	1,808.80	1,520.00	1,646.10	55.92	41.55	48.20	25,625.75
Jan 2025	1,916.85	1,680.25	1,759.45	56.58	48.05	51.50	27,378.16
Share Prices Of 2024
Dec 2024	1,950.30	1,725.05	1,844.70	58.17	49.50	53.97	28,694.07

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
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call	011-43074317
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call	011-43074310
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