Compliance Issue Resolution
On July 11, 2026, the company responded to BSE's observation regarding a discrepancy in Financial Results submitted under Regulation 33/52 of SEBI (LODR) Regulations, 2015. The company attributed the discrepancy to a "clerical mistake" in XBRL mode declaration and confirmed that the required declaration had now been uploaded/submitted on the BSE Listing Portal.
Board Meeting Outcomes (May 22, 2026)
The Board of Directors meeting was held on May 22, 2026, from 3:00 PM to 3:55 PM at the registered office in Delhi. The board transacted the following business:
1. Considered and approved the Standalone Audited Financial Results for the Quarter and Year ended March 31, 2026
2. Considered and approved the Auditor's Report for the Audited Financial Results for the quarter and year ended March 31, 2026
3. Considered and taken on record Declaration for the audit report with unmodified opinion for the year ended March 31, 2026 pursuant to Regulation 33(3)(d) of SEBI (LODR) Regulation, 2015 and SEBI circular dated May 27, 2016 (CIR/CFD/CMD/56/2016)
4. Considered and appointed M/s A Saini & Associates, Chartered Accountants as the Internal Auditor of the Company for the Financial Year 2026-27
Internal Auditor Appointment
M/s A Saini & Associates was appointed as internal auditor on May 22, 2026, for FY2026-27. The firm was established in June 2020 and specializes in financial, taxation, and compliance services across manufacturing, trading and services industries, with experience in internal auditing, risk management, and corporate governance.
Auditor's Report and Opinion
M/s Roshan Agarwal & Associates, Chartered Accountants, issued an audit report with unmodified opinion on the Standalone Annual Financial Results for the year ended March 31, 2026. The auditors confirmed that:
- The financial results are presented in accordance with Regulation 33 of SEBI LODR Regulations
- The results give a true and fair view in conformity with Indian Accounting Standards (Ind AS)
- The results do not contain any false statement or omit any material fact
- The results present a true and fair view of the Company's affairs and comply with accounting standards and regulations
Financial Results Highlights
Balance Sheet (as at March 31, 2026)
Assets:
- Total Assets: ₹500,745 (compared to ₹736,136 in previous year)
- Non-current Assets: ₹7,131 (including Property, Plant and Equipment: ₹6,112)
- Current Assets: ₹493,613 (including Trade receivables: ₹421,367; Inventories: ₹41,466)
- Cash and cash equivalents: ₹189
Liabilities and Equity:
- Equity Share Capital: ₹330.25
- Other Equity: ₹273.00
- Total Equity: ₹603.25
- Current Liabilities: ₹500,141.75 (including Trade payables: ₹145,049; Due to micro-and small enterprises: ₹2,801.40)
Note: There appears to be a discrepancy in the totals as Assets (500,745) do not equal Liabilities + Equity (500,745) mathematically based on the provided breakdown.
Statement of Profit and Loss (Year ended March 31, 2026)
- Total Revenue: ₹2,860 (compared to ₹2,588.87 in previous year)
- Total Expenses: ₹2,831.24
- Profit before tax: ₹28.76
- Tax Expense: ₹18.52
- Profit for the period: ₹10.24
- Earnings Per Share (Basic and Diluted): ₹0.31
Cash Flow Statement (Year ended March 31, 2026)
- Net cash from Operating Activities: ₹53.29
- Net cash used in Investing Activities: Not clearly quantified in disclosure
- Net cash from Financing Activities: Not clearly quantified in disclosure
- Net increase in cash & cash equivalent: ₹299
- Closing balance of cash & cash equivalent: ₹188
Critical Notes to Financial Results
1. The financial results for the quarter ended March 31, 2026 were reviewed by the audit committee and approved by the Board of Directors on May 22, 2026
2. The figures for the last quarter are balancing figures between audited full-year figures and published year-to-date figures up to the fourth quarter
3. Previous year/quarter figures have been reclassified/regrouped wherever necessary for comparability