Summary of Key Information:
Reporting Period: Quarter and Year ended 31st March, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Annual Audited Standalone Financial Results
Audit Opinion:
Qualified Opinion
Key Financial Highlights [₹ in lacs]:
Standalone Results:
For Year Ended 31st March, 2026:
- Total Income: ₹0.39 lacs (Previous year: ₹95.44 lacs)
- Total Expenses: ₹3,350.65 lacs
- Finance Costs: ₹2,254.02 lacs
- Depreciation and amortisation expense: ₹1,003.26 lacs
- Profit/(Loss) before tax: (₹3,350.26) lacs
- Tax Expenses: Deferred tax ₹5,815.26 lacs
- Net Profit/(Loss) for the period: (₹9,165.52) lacs (Previous year: (₹6,333.12) lacs)
- EPS: Basic and Diluted (₹8.73) per share (Face Value ₹2/-)
- Other Equity: (₹40,313.23) lacs
- Cash and cash equivalents: ₹0.38 lacs
For Quarter Ended 31st March, 2026:
- Total Income: ₹0.35 lacs
- Net Profit/(Loss) for the period: (₹6,716.93) lacs
- EPS: Basic and Diluted (₹6.40) per share
Statement of Assets and Liabilities as at 31st March, 2026:
- Property, plant and equipment: ₹11,731.86 lacs
- Deferred tax assets (net): ₹11,583.12 lacs
- Inventories: ₹2,733.24 lacs
- Total Assets: ₹28,021.24 lacs
- Equity share capital: ₹2,100.00 lacs
- Total equity: (₹38,213.23) lacs
- Short Term Borrowings: ₹55,171.79 lacs
- Total Liabilities: ₹66,234.47 lacs
- Current tax liabilities (net): ₹1,209.07 lacs
Cash Flow Statement for Year Ended 31st March, 2026:
- Net cash flow used in operating activities: (₹969.51) lacs
- Net cash used in investing activities: ₹0.00 lacs
- Net cash used in financing activities: ₹969.51 lacs
- Cash and cash equivalents at end of year: ₹0.38 lacs
Segment-wise Performance:
The Company's operations represent a single primary segment. Hence, no segment reporting is required.
Corporate Actions:
None specified
Other Significant Information:
- The restructuring of the Company's business is under consideration by lenders
- Accounts have been prepared on going concern basis despite material uncertainties
- The qualification is repetitive (appeared sixth time)
- If the unprovided interest of ₹3,053.44 lacs were accounted for, the net loss would increase to ₹12,218.96 lacs and EPS would be (₹11.64)
Statement on Impact of Audit Qualifications:
| Particulars | As Reported (₹ in Lacs) | Adjusted Figures (₹ in Lacs) |
| Turnover/Total income | 0.39 | 0.39 |
| Total Expenditure | 3,350.65 | 6,404.09 |
| Net Profit/(Loss) | (9,165.52) | (12,218.96) |
| Earnings Per Share | (8.73) | (11.64) |
| Total Assets | 28,021.24 | 28,021.24 |
| Total Liabilities | 66,234.47 | 89,722.50 |
| Net Worth | (38,213.23) | (61,701.25) |