Board Meeting Details
The Board meeting was held on Wednesday, August 12th, 2026 at the Registered Office at No. B 406, Third Floor, ABH Capital, Opp. Ramayan Bungalow, Sharanpur Road, Near Rajiv Gandhi Bhavan, H P T College, Nashik – 422005 MH IN. The meeting commenced at 06:00 PM and concluded at 07:30 PM.
Key Outcomes
1. Fund Raising
With reference to the intimation dated August 06, 2026 under Regulation 29(1)(d) of SEBI LODR Regulations, the proposal for fund raising could not be taken up for consideration due to time constraints at today's Board Meeting. The Board will consider this proposal at a subsequent meeting, the date of which will be intimated in due course in accordance with Regulation 29 of SEBI LODR Regulations.
2. Financial Results Approval
The Board considered and approved the Unaudited Standalone and Consolidated Financial Results of the company for the quarter ended June 30, 2026, along with the Limited Review Report of the auditor for the corresponding period.
Financial Performance (Standalone - Rs. in Lakhs)
Quarter Ended June 30, 2026:
- Total Income: ₹1,112.57
- Revenue from Operations: ₹1,097.24
- Other Income: ₹15.33
- Total Expenses: ₹978.64
- Profit Before Tax: ₹133.93
- Tax Expense: ₹33.73 (Current Tax: ₹36.17, Deferred Tax: ₹-2.44)
- Profit for the Year: ₹100.21
- EPS (Basic): ₹0.08 (Face value of ₹2 each)
- EPS (Diluted): ₹0.08
Comparative Figures:
- Quarter Ended June 30, 2025: Profit of ₹66.12 lakhs
- Year Ended March 31, 2026: Profit of ₹307.90 lakhs
Segment Performance (Standalone)
The company operates in two business segments:
1. Works Contract/Government Contracting: EBITDA of ₹221.64 lakhs
2. Real Estate Business: EBITDA of ₹-₹13.74 lakhs
Total Segment Results (EBITDA): ₹207.89 lakhs
Financial Performance (Consolidated - Rs. in Lakhs)
Quarter Ended June 30, 2026:
- Total Income: ₹1,112.57
- Revenue from Operations: ₹1,097.24
- Other Income: ₹15.33
- Total Expenses: ₹978.77
- Profit Before Tax: ₹133.81
- Tax Expense: ₹33.73 (Current Tax: ₹36.17, Deferred Tax: ₹-2.44)
- Profit for the Year: ₹100.08
- EPS (Basic): ₹0.08 (Face value of ₹2 each)
- EPS (Diluted): ₹0.08
Segment Performance (Consolidated)
1. Works Contract/Government Contracting: EBITDA of ₹221.64 lakhs
2. Real Estate Business: EBITDA of ₹-₹13.87 lakhs
Total Segment Results (EBITDA): ₹207.77 lakhs
Additional Information
- The financial results were reviewed by the Audit Committee and approved by the Board of Directors
- The company has adopted Indian Accounting Standards (Ind AS) with transition date of April 1, 2022
- The company has one subsidiary: Atal Realty Limited
- During Q3 FY26, the company issued 1,19,81,250 equity shares on preferential basis
- The company also issued 45,00,000 convertible share warrants to promoter Mr. Vijaygopal Atal, of which 9,00,000 were converted to equity shares during the period
- Net proceeds utilization: ₹9.63 crore for general corporate purpose, ₹17.00 crore for investment in subsidiary, ₹11.89 crore for working capital