Board Meeting Details
The Board of Directors meeting was held on Wednesday, 27th May 2026 at the registered office of the company. The meeting commenced at 4:00 PM IST and concluded at 8:00 PM IST.
Matters Approved by Board
1. Approved the Audited Standalone and Consolidated Financial Results of the Company for the fourth quarter ended 31st March, 2026, pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.
2. Approved the Auditor Report on the Audited Standalone and Consolidated Financial Results for the fourth quarter ended 31st March, 2026.
3. Taken note of resignation of CFO Mr. Amit Mehta effective 31st March, 2026.
Key Financial Figures - Standalone (Quarter Ended March 31, 2026)
- Total Revenue From Operations: ₹2,080.79 lakh
- Other Income: ₹20.96 lakh
- Total Income: ₹2,101.75 lakh
- Total Expenses: ₹1,041.32 lakh
- Profit Before Tax: ₹1,060.43 lakh
- Tax Expense: ₹567.17 lakh
- Current tax: ₹40.80 lakh
- Deferred tax: ₹526.83 lakh
- Tax of earlier years: ₹(0.46) lakh
- Net Profit for the period: ₹493.26 lakh
- Other Comprehensive Loss: ₹(1,266.08) lakh
- Total Comprehensive Income: ₹(1,266.08) lakh
- Earnings Per Share (Basic & Diluted): ₹0.55
- Paid-up Equity Share Capital: ₹8,957.77 lakh (8,95,77,673 shares @ ₹10/- each)
Key Financial Figures - Standalone (Year Ended March 31, 2026)
- Total Revenue From Operations: ₹5,723.16 lakh
- Other Income: ₹226.51 lakh
- Total Income: ₹5,949.67 lakh
- Total Expenses: ₹4,709.82 lakh
- Profit Before Tax: ₹1,239.85 lakh
- Tax Expense: ₹577.32 lakh
- Net Profit for the year: ₹662.53 lakh
- Other Comprehensive Loss: ₹(3,427.40) lakh
- Total Comprehensive Income: ₹(3,427.40) lakh
- Earnings Per Share (Basic & Diluted): ₹0.74
- Reserves: ₹4,595.24 lakh (excluding revaluation reserve)
Key Financial Figures - Consolidated (Year Ended March 31, 2026)
- Net Profit for the year: ₹662.53 lakh
- Total Comprehensive Income: ₹(3,237.22) lakh
- Earnings Per Share (Basic & Diluted): ₹1.26
- Reserves: ₹4,785.43 lakh (excluding revaluation reserve)
Segment Information
The company operates in two business segments:
1. Finance Business Activities
2. Commodity Trading Business
For Q4 March 31, 2026:
- Commodity/Trading Business revenue: ₹1,083.25 lakh
- Finance Business revenue: ₹997.54 lakh
- Other operating income: ₹20.96 lakh
Balance Sheet Highlights (Standalone as at March 31, 2026)
- Total Assets: ₹13,616.61 lakh
- Financial Assets: ₹12,085.15 lakh
- Cash and cash equivalents: ₹255.12 lakh
- Bank balances: ₹604.21 lakh
- Loans: ₹417.85 lakh
- Investments: ₹9,764.68 lakh
- Other financial assets: ₹1,043.29 lakh
- Non-financial Assets: ₹1,531.46 lakh
- Deferred tax assets: ₹1,321.73 lakh
- Total Liabilities: ₹63.60 lakh
- Total Equity: ₹13,553.01 lakh
Cash Flow Statement (Standalone for Year Ended March 31, 2026)
- Net Cash from Operating Activities: ₹2,378.07 lakh
- Net Cash from Investing Activities: ₹(2,563.82) lakh
- Net Cash from Financing Activities: ₹(19.81) lakh
- Net Decrease in Cash: ₹(205.55) lakh
- Closing Cash Balance: ₹255.12 lakh
Management Change
Mr. Amit Mehta resigned as Chief Financial Officer (CFO) effective March 31, 2026, for personal reasons. His resignation was noted by the Board in their meeting on May 27, 2026.
Auditor Information
Auditor: A K Kocchar & Associates, Chartered Accountants (Firm Registration No.: 0120410W)
Partner: Abhilash Darda (Membership No.: 423896)
Audit opinion: Unmodified opinion on both standalone and consolidated financial results
Additional Information
- The company changed its accounting policy for classification of certain investments from FVTPL to FVOCI based on revised business model assessment.
- Investor complaints for Q4 March 2026: Opening - 0, Received - 0, Resolved - 0, Closing - 0.
- The company holds 65,30,79,183 equity shares (48.84% stake) in Tilak Ventures Limited as of March 31, 2026.