Performance for the year ended Dec'14

Net sales for 12 months ending Dec'14 stood at Rs 263.37 crore, up by 16% YoY. OPM was up by 170 bps to 14.9% leading to a 31% rise in OP to Rs 39.19 crore. Other income was up by 33% to Rs 3.37 crore. After providing interest costs of Rs 0.17 crore, down by 35% and depreciation of Rs 4.65 crore, down by 9% , PBT stood at Rs 37.74 crore, up by 39%. Total tax for 12 months ending Dec'14 was up by 41% to Rs 13.51 crore, leading to a 38% increase in PAT to Rs 24.59 crore for the 12 months ending Dec'14 on YoY basis.

The Promoters hold about 74.98% share in the company and none of them are pledged

The scrip is trading at Rs 1186

Board of Directors has declared a first interim dividend of Rs 3.50 per equity share of Rs 10 each for CY 2015.