Board Meeting Details

The Board of Directors meeting was held on 30th May, 2026, commencing at 11:30 AM and concluding at 12:20 AM. The meeting approved the Audited Financial Results (Standalone) for the half year and financial year ended 31st March, 2026.

Financial Results Summary (Standalone)

Income Statement (₹ in Lakhs)

For Year Ended March 31, 2026 (Audited):

  • Revenue from operations (net): ₹584.73
  • Other Income: ₹18.51
  • Total Income: ₹586.58
  • Total Expenses: ₹580.68
  • Profit before Tax: ₹58.94
  • Tax Expense:
  • Current tax: ₹14.83
  • Deferred tax: (₹13.41)
  • Profit for the year: ₹57.52
  • Earnings per share (Basic & Diluted): ₹0.96

For Year Ended March 31, 2025 (Audited):

  • Revenue from operations (net): ₹365.06
  • Other Income: ₹29.60
  • Total Income: ₹368.02
  • Total Expenses: ₹366.80
  • Profit before Tax: ₹12.16
  • Tax Expense:
  • Deferred tax: ₹17.86
  • Loss for the year: ₹5.70
  • Earnings per share (Basic & Diluted): (₹0.09)

Half Year Ended March 31, 2026 (Audited):

  • Revenue from operations (net): ₹372.79
  • Other Income: ₹18.48
  • Total Income: ₹374.64
  • Profit for the period: ₹43.48
  • EPS (Basic & Diluted): ₹0.72

Half Year Ended September 30, 2025 (Unaudited):

  • Revenue from operations (net): ₹211.94
  • Other Income: ₹0.04
  • Total Income: ₹211.94
  • Profit for the period: ₹14.04
  • EPS (Basic & Diluted): ₹0.23

Balance Sheet Position as at March 31, 2026 (₹ in Lakhs)

  • Share Capital: ₹301.00 (unchanged from previous year)
  • Reserves and Surplus: ₹1,027.28 (vs. ₹969.77 previous year)
  • Total Equity: ₹1,328.28
  • Long-term borrowings: ₹34.26
  • Trade receivables: ₹3,294.94 (significant increase from ₹930.20)
  • Inventories: ₹342.35
  • Cash and cash equivalents: ₹46.14
  • Total Assets: ₹3,851.86

Cash Flow Statement for Year Ended March 31, 2026 (₹ in Lakhs)

  • Net cash from operating activities: ₹4.61
  • Net cash used in investing activities: (₹9.18)
  • Net cash used in financing activities: (₹23.79)
  • Net change in cash: (₹28.36)
  • Cash at beginning: ₹74.50
  • Cash at end: ₹46.14

IPO Proceeds Utilization

The company reported full utilization of IPO proceeds totaling ₹849.86 lakhs as of March 31, 2025, in accordance with the objects stated in the Offer Document:

  • Funding Working Capital Requirements: ₹385.79 lakhs (fully utilized)
  • Repayment/Prepayment of Borrowings: ₹243.52 lakhs (fully utilized)
  • General Corporate Purpose: ₹220.55 lakhs (fully utilized)

The Board of Directors noted the closure of reporting requirements under Regulation 32 of SEBI (LODR) Regulations, 2015, as no unutilized amount remains outstanding.

Notes to Financial Results

1. Financial statements prepared under historical cost convention in accordance with Accounting Standards specified under Companies Act, 2013.

2. Segment reporting not applicable as company has only one reportable segment.

3. Certain debit/credit balances including trade receivables, trade payables, and other liabilities are pending independent confirmation and reconciliation.

4. MSME vendor determinations based on certificates received, but completeness of disclosures and interest liability under MSME Act need ascertainment due to incomplete reconciliation.

5. GST liability subject to compliance with GST Annual Returns as comprehensive GST reconciliations are not available.