Key Quantitative Figures

  • Clerical Error Amount: ₹21.29 lakhs erroneously reflected under Income-taxes paid in Cash Flow Statement for year ended March 31, 2026
  • Net Profit/Loss FY26: Loss of ₹1,052.51 lakhs for the year
  • Total Income FY26: ₹1,545.79 lakhs
  • Total Expenses FY26: ₹2,667.92 lakhs
  • Equity Share Capital: ₹1,920.63 lakhs (Face Value of ₹10/- each)
  • Other Equity: ₹2,639.57 lakhs
  • Outstanding Long-term Borrowings:
  • Start of FY26: ₹39.09 crores
  • End of FY26: ₹35.29 crores
  • Incremental Borrowing: Nil during FY26
  • Cash and Cash Equivalents: ₹1,669.52 lakhs (March 31, 2026)

Dates of Action

  • Board Meeting: August 25, 2026 (3:00 PM to 6:30 PM)
  • Financial Year End: March 31, 2026
  • Auditor's Report Date: August 25, 2026
  • Clarification Submission: October 08, 2026

Parties Involved

  • Stock Exchanges: BSE Limited, National Stock Exchange of India Limited
  • Statutory Auditors: NSVR & Associates LLP, Chartered Accountants (Firm Registration No. 008801S/S200064)
  • Director: Satyanarayana Raju Bhupathiraju (DIN: 02697880)

Financial Impact Assessment

The clerical error of ₹21.29 lakhs in the Cash Flow Statement has been confirmed to have no impact on:

  • Net profit
  • Operating profit before working capital changes
  • Balance sheet
  • Any other financial parameters previously approved by the Board

Capital Structure Impact

No impact on capital structure from the clerical error. The company's equity share capital increased significantly from ₹921.90 lakhs to ₹1,920.63 lakhs during FY26.

Auditor's Opinion

NSVR & Associates LLP issued an unmodified opinion on the Standalone Financial Results for the financial year ended March 31, 2026, confirming compliance with applicable accounting standards and regulatory requirements.

Balance Sheet Highlights (March 31, 2026)

  • Total Assets: ₹12,478.34 lakhs
  • Property, Plant and Equipment: ₹2,424.06 lakhs
  • Inventories: ₹6,409.07 lakhs
  • Trade Receivables: ₹1,139.91 lakhs
  • Total Liabilities: ₹7,918.14 lakhs
  • Total Borrowings: ₹4,532.54 lakhs (Current + Non-current)

Cash Flow Statement Correction

The original Cash Flow Statement showed Income-taxes paid of ₹21.29 lakhs which was incorrect. The corrected statement shows:

  • Cash flows from operating activities: (₹1,224.48) lakhs
  • Income-taxes paid: Not specified in corrected version
  • Net cash flows from operating activities: (₹1,224.48) lakhs