Key Quantitative Figures
- Total Revenue: ₹356.80 lakhs (FY26) vs ₹366.88 lakhs (FY25)
- Profit Before Tax: ₹126.48 lakhs (FY26) vs ₹-1.51 lakhs (FY25)
- Tax Expense: ₹31.44 lakhs (FY26) vs ₹0.02 lakhs (FY25)
- Profit After Tax: ₹95.04 lakhs (FY26) vs ₹-1.55 lakhs (FY25)
- Equity Share Capital: ₹521.05 lakhs (unchanged from previous year)
- Earnings Per Share: ₹1.82 (FY26) vs ₹-0.03 (FY25)
- Inventory: ₹139.61 lakhs (FY26) vs ₹203.33 lakhs (FY25)
- Trade Receivables: ₹115.30 lakhs (FY26) vs ₹178.00 lakhs (FY25)
- Cash & Cash Equivalents: ₹120.36 lakhs (FY26) vs ₹5.64 lakhs (FY25)
- Investments: ₹227.49 lakhs in unquoted equity instruments (FY26) vs ₹211.56 lakhs (FY25)
Dates of Action
- AGM Date: August 26, 2026 (Wednesday) at 10:00 AM IST
- AGM Mode: Video Conferencing/Other Audio Visual Means
- Record Date: August 19, 2026 for determining members entitled to vote
- Book Closure: August 20, 2026 to August 26, 2026 (both days inclusive)
- E-voting Period: August 21, 2026 (9:00 AM) to August 24, 2026 (5:00 PM)
- Document Submission Date: July 28, 2026
Parties Involved
- Stock Exchange: BSE Limited
- Statutory Auditors: M/s. HRJ & Associates, Chartered Accountants
- Secretarial Auditors: M/s Binu H Singh, Company Secretaries
- RTA: Adroit Corporate Service Private Limited
- Banker: IDBI Bank Limited
- Directors: Mr. Deepak Kumar Babel (Managing Director), Mrs. Priyadarshani Babel (Non-Executive Director), Mr. Abhishek Tejawat (Independent Director), Mrs. Krishna Hareshbhai Bhatt (Independent Director), Mr. Ravi Jitendra Modi (proposed Independent Director)
- Key Managerial Personnel: Mrs. Drishti Singhal (Company Secretary), Mr. Ayush Jain (CFO)
Business Items for AGM
1. Ordinary Business: Adoption of audited financial statements for FY26 and reports of Directors and Auditors
2. Ordinary Business: Reappointment of Mrs. Priyadarshani Babel (DIN: 06941999) who retires by rotation
3. Special Business: Appointment of Mr. Ravi Jitendra Modi (DIN: 10932249) as Independent Non-Executive Director for a term of five years (May 31, 2026 to May 30, 2031)
Financial and Operational Impact
- Profitability: Significant improvement from loss to profit position year-on-year
- Liquidity: Cash position improved substantially from ₹5.64 lakhs to ₹120.36 lakhs
- Business Expansion: Company altered object clause to include new business areas (media, chemicals, IT, expanded trading)
- Investments: Increased investment in associate companies (Graceunited Developers and Graceunited Realestate)
- Dividend: No dividend recommended for FY26 due to fund requirements for business activities
Capital Structure Impact
- No change in share capital during the year (52,10,500 equity shares of ₹10 each)
- 97.56% of equity share capital held in dematerialized form
- Promoter holding: 24.93% of total paid-up capital
Corporate Governance Updates
- Board met 5 times during FY26
- All mandatory committees constituted (Audit, Nomination & Remuneration, Stakeholders Relationship)
- Company has whistleblower policy and vigil mechanism in place
- No material related party transactions during the year
- No fraud reported by auditors under Section 143(12) of Companies Act, 2013
Forward-looking Statements
Management expects reasonable performance subject to market conditions, economic scenario, and exchange rate fluctuations. The company is focusing on existing business lines to improve profitability.