Financial Results Overview (Quarter Ended June 30, 2026)
The company reported a net loss of ₹52.44 lakhs for Q1 FY27, a significant decline from a profit of ₹66.48 lakhs in the corresponding quarter of the previous year (Q1 FY26).
- Revenue from Operations: ₹1,318.63 Lakhs (vs. ₹878.91 Lakhs in Q1 FY26)
- Total Income: ₹1,356.98 Lakhs (vs. ₹906.97 Lakhs in Q1 FY26)
- Total Expenses: ₹1,409.42 Lakhs (vs. ₹818.13 Lakhs in Q1 FY26)
- Profit/(Loss) Before Tax: (₹52.44) Lakhs (vs. ₹88.84 Lakhs Profit in Q1 FY26)
- Total Tax Expense: ₹0.00 Lakhs (vs. ₹22.36 Lakhs in Q1 FY26)
- Earnings Per Share (Basic & Diluted): (₹0.44) (vs. ₹0.56 in Q1 FY26)
Balance Sheet Position (As of June 30, 2026)
- Total Assets: ₹6,873.05 Lakhs (Previous quarter, Mar-26: ₹6,737.32 Lakhs)
- Total Equity: ₹5,347.40 Lakhs (Mar-26: ₹5,399.84 Lakhs)
- Paid-up Equity Capital: ₹1,191.38 Lakhs (unchanged)
- Reserves: ₹4,168.76 Lakhs (Mar-26: ₹4,168.93 Lakhs)
- Cash and Cash Equivalents: ₹253.97 Lakhs (Mar-26: ₹182.78 Lakhs)
Segment-Wise Performance (Q1 FY27)
- Electronic Security Systems: Revenue of ₹1,316.08 Lakhs; Segment Result of ₹137.00 Lakhs.
- Solar Project: Revenue of ₹2.56 Lakhs; Segment Loss of (₹2.15) Lakhs.
Key Explanatory Notes from Financials
1. The financial results were reviewed by the Audit Committee and approved by the Board on August 14, 2026.
2. Other income of ₹38.35 Lakhs includes interest on deposits and rental income from property investments.
3. The company accounted for liquidated damages of ₹60 Lakhs in the quarter, charged to 'Other Expenses', due to delays in completing a solar project.
4. The company has no material subsidiaries.
5. Financials are prepared under Ind AS.
Corporate Actions and Board Resolutions
1. Dividend: The Board, in its meeting on May 28, 2026, had recommended a dividend of ₹1.10 (11%) per share. This is subject to shareholder approval at the forthcoming 35th Annual General Meeting (AGM). The record date for determining entitlement to this dividend is set for September 24, 2026.
2. Closure of Register of Members: The Register of Members and Share Transfer Books will be closed from September 25, 2026, to September 30, 2026 (both days inclusive) for the AGM.
3. Re-appointment of Directors: Subject to shareholder approval at the AGM, the Board approved the re-appointment of:
- Shri M R Subramonian as Managing Director
- Shri M R Krishnan as Executive Director
for a period of 3 years effective from September 1, 2026. Disclosures under LODR Regulations 30 and 36(3) are being filed separately.
4. Annual General Meeting: The 35th AGM will be held on Wednesday, September 30, 2026, at 11:00 AM via Video Conferencing or Other Audio-Visual Means.
5. Regulation 32 Compliance: The company submitted a declaration stating that the requirements for submitting a quarterly statement of deviation/variation in the proceeds from public issues are not applicable to it for the quarter ended June 30, 2026.
Auditor's Review
The unaudited financial results were subjected to a limited review by the statutory auditors, Mahesh V & Co. (Firm Regn. No. 019108S), who issued a report dated August 14, 2026. Based on their review, nothing came to their attention to suggest that the statement contains any material misstatement.
Cash Flow Statement (Q1 FY27)
- Net Cash from Operating Activities: ₹23.69 Lakhs
- Net Cash from Investing Activities: ₹0.80 Lakhs
- Net Cash from Financing Activities: ₹6.40 Lakhs
- Net Increase in Cash and Equivalents: ₹71.19 Lakhs