Key Quantitative Figures

Financial Performance (Amount in ₹ Thousands):

  • Revenue from Operations: FY26: 2,61,47.63; FY25: 2,73,07.45
  • Other Income: FY26: 1,22,84.23; FY25: 28,14.85 (Significant increase due to capital gain of ₹93.26 lakhs)
  • Total Income: FY26: 3,84,31.86; FY25: 3,01,22.30
  • Profit Before Tax: FY26: 87,49.77; FY25: 17,62.97
  • Tax Expense: FY26: 23,44.89; FY25: 9,63.36
  • Net Profit After Tax: FY26: 64,04.88; FY25: 7,99.61
  • Earnings Per Share (Basic & Diluted): FY26: ₹1.16; FY25: ₹0.15

Financial Position as of March 31, 2026 (Amount in ₹ Thousands):

  • Total Assets: 65,105.62
  • Share Capital: 55,090.00 (5,509,000 equity shares of ₹10 each)
  • Reserves & Surplus: (8,369.49) (Negative)
  • Short Term Borrowings: 13,739.32
  • Short Term Loans & Advances (to directors/related parties/others): 42,854.55

Dates of Action

  • AGM Date: Wednesday, September 30, 2026, at 11:00 AM.
  • AGM Venue: Registered Office at 7-1-24/2/C, 301/A, Dhansi Surabhi Complex, Greenlands, Ameerpet, Hyderabad-500016, Telangana.
  • Cut-off Date for voting: Wednesday, September 23, 2026.
  • E-voting Period: Commences Sunday, September 27, 2026 (9:00 AM) and ends Tuesday, September 29, 2026 (5:00 PM).
  • Board Meeting for Results Approval: May 20, 2026 (inferred from auditor's report date).

Parties Involved

  • Stock Exchange: BSE Limited (Scrip Code: 539383, ISIN: INE019D01016)
  • Statutory Auditors: M/s. Kalyana & Co., Chartered Accountants
  • Secretarial Auditors: M/s. Baheti Gupta & Co., Practicing Company Secretaries
  • Scrutinizer for E-voting: Mrs. Monisha Gupta, Practicing Company Secretary (CP No. 8254)
  • Registrar & Share Transfer Agent: M/s. Venture Capital and Corporate Investments Private Limited
  • Banker: Mahaveer Co-Operative Urban Bank Ltd.
  • Managing Director: Mr. Ashok Kumar Jain (DIN: 00043840)

Business and Rationale

Ordinary Business for AGM:

1. Adoption of audited financial statements for FY 2025-26.

2. Re-appointment of Mr. Ashok Kumar Jain as Director, who retires by rotation.

Special Business for AGM (Item No. 3):

  • To seek member approval via special resolution for giving loans, guarantees, or providing security up to ₹10 Crores to subsidiaries, associates, joint ventures, or any person in which directors are interested. The stated rationale is to support the business requirements and principal activities of these entities. This is proposed to address the qualification raised by the secretarial auditor regarding non-compliance with Section 185 of the Companies Act, 2013.

Financial and Operational Impact

  • Dividend: No dividend recommended for FY 2025-26.
  • Capital Structure: No change in issued, subscribed, or paid-up share capital during the year. No rights issue, bonus issue, buyback, ESOP, or shares with differential voting rights were issued.
  • Loans & Advances: The company has given significant short-term loans and advances totaling ₹42.85 crores, including ₹5.69 crores to directors & related parties.
  • Internal Financial Controls: The management asserts they are adequate and operating effectively, though the statutory auditor noted the absence of a formal internal audit system.
  • Contingent Liabilities: No significant material orders passed by regulators/courts impacting the going concern status.

Management Commentary & Outlook

From the Chairman's Letter and Management Discussion & Analysis:

  • The company commemorates 35 years of operations.
  • It reports "encouraging signs of resurgence and renewed momentum" during the past year.
  • Business interests include Software Development, IT Consulting, Networking, Software Testing, Training, Distribution of IT & Telecom Products, Offshore Staffing, Real estate Development, and Financial Services.
  • The outlook states the company is "poised for bigger challenges and growth in the coming days" and continues to explore new opportunities in domestic and international markets.

Auditor's Findings

Statutory Auditor (M/s. Kalyana & Co.):

  • Issued an unmodified (clean) audit opinion.
  • Key Audit Matter was identified concerning Revenue Recognition, particularly assessing distinct performance obligations and determining if the company acts as a principal or agent.
  • Noted that the company does not have an internal audit system commensurate with its size and nature of business, and no internal audit reports were available for their consideration.

Secretarial Auditor (M/s. Baheti Gupta & Co.):

  • Qualified opinion with two specific observations:

1. Non-compliance with Section 185 of the Companies Act, 2013 regarding advances made to persons in which directors are interested.

2. The company does not have a trade license as required under the Telangana Shops and Establishments Act, 1988.

  • Management's explanation for the first observation is that a resolution has been proposed for member approval at the AGM. For the second, the company is "in the process of taking necessary steps."

Corporate Governance

  • The company falls under an exempted category per SEBI LODR Regulation 15(2)(a) and is not required to comply with full corporate governance norms.
  • The Board consists of 6 directors: 1 Executive (MD), 1 Non-Executive, and 4 Independent Directors.
  • Key Committees (Audit, NRC, Stakeholders' Relationship) are composed solely of Independent Directors.
  • No complaints were received from investors during the year.
  • The Company Secretary, Ms. Monika Ashish Rathi, resigned effective June 30, 2026.