Key Decisions and Approvals

  • The Board of Directors meeting was held on Saturday, May 30, 2026, commencing at 4:30 PM and concluding at 5:40 PM.
  • The Board considered, adopted, and approved the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026.
  • Based on the recommendation of the Audit Committee, the Board approved the appointment of M/s. Vars and Associates, Chartered Accountants (FRN: 013729C), as the Internal Auditor of the Company for the Financial Year 2026-27, effective May 30, 2026.

Financial Performance Highlights (Year Ended March 31, 2026)

Income Statement (₹ in Lakh):

  • Total Income: ₹22,127.82
  • Total Expenses: ₹19,634.01
  • Profit Before Tax: ₹476.43
  • Tax Expense: ₹65.09 (Current Tax: ₹65.09; Deferred Tax: ₹[21.38] credit)
  • Profit for the Year: ₹186.43
  • Other Comprehensive Income: ₹1.28
  • Total Comprehensive Income: ₹186.62

Earnings Per Share:

  • Basic EPS: ₹13.50
  • Diluted EPS: ₹13.50

Balance Sheet Position (as at March 31, 2026):

  • Total Assets: ₹21,964.55 Lakh
  • Equity Share Capital: ₹1,509.20 Lakh (Face Value: ₹10 per share)
  • Other Equity: ₹11,656.68 Lakh
  • Total Equity: ₹13,165.88 Lakh
  • Trade Receivables: ₹21,178.44 Lakh
  • Cash and Cash Equivalents: ₹39.72 Lakh
  • Trade Payables: ₹8,311.37 Lakh (including ₹55.31 Lakh dues to MSMEs)

Cash Flow (Year Ended March 31, 2026):

  • Net Cash Used in Operating Activities: ₹(2,179.27) Lakh
  • Net Cash Used in Investing Activities: ₹(368.73) Lakh
  • Net Cash from Financing Activities: ₹2,538.44 Lakh (including ₹2,277.00 Lakh from share capital issuance)

Additional Information

  • The company is engaged in trading of electrical items, steel structures, and providing erection and commissioning services for electricity transmission lines.
  • There is no reportable segment as per Ind AS-108 "Operating Segments".
  • During FY 2024-25, the company issued 1,10,00,000 warrants at ₹72 per warrant, convertible into equity shares. 55,50,000 warrants were converted in Q4 FY25 and the remaining 54,50,000 in Q1 FY26.
  • The company notes the implementation of new Labour Codes from November 21, 2025, but states no impact on these financial results as per Ind AS 19.