Board Meeting Details

The Board meeting was held on May 27, 2026, at 109, Wing II, Hans Bhawan, Bahadur Shah Zafar Marg, New Delhi, Delhi-110002, India. The meeting commenced at 02:00 PM and concluded at 05:00 PM.

Business Considered and Approved

The Board considered and approved the following matters:

1. Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026

2. Audit Report on Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026, issued by M/s. Bhagi Bhardwaj Gaur & Co., Statutory Auditors

3. Audited Standalone & Consolidated Financial Statements for the financial year ended March 31, 2026

4. Audit Report on Standalone & Consolidated Financial Statements for the financial year ended March 31, 2026

5. Declaration on Auditors' Report with unmodified opinion pursuant to SEBI Circular No. CIR/CFD/CNID/56/2016 dated May 27, 2016

6. Submission of details of Outstanding Qualified Borrowings and Incremental Qualified Borrowings with reference to SEBI Circular No. SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 dated October 19, 2023

Financial Results Highlights (Standalone)

Income Statement (INR Lakhs):

  • Revenue from operations: ₹7,259.15 for FY26 (₹4,477.31 for FY25)
  • Other income: ₹9.05 for FY26
  • Total income: ₹7,268.20 for FY26
  • Profit before tax: ₹818.81 for FY26
  • Tax expense: ₹230.41 for FY26 (Current tax: ₹136.56, Deferred tax: ₹92.65, Adjustment of tax relating to earlier periods: ₹1.20)
  • Profit for the year: ₹588.40 for FY26 (₹373.82 for FY25)
  • Total comprehensive income: ₹588.18 for FY26
  • Basic and diluted EPS: ₹3.15 for FY26 (face value of ₹10 each)

Balance Sheet (INR Lakhs):

  • Total assets: ₹8,091.71 as of March 31, 2026 (₹4,090.60 as of March 31, 2025)
  • Property, plant and equipment: ₹2,225.93 (₹1,453.93)
  • Inventories: ₹1,443.50 (₹837.48)
  • Trade receivables: ₹1,903.63 (₹1,275.02)
  • Cash and cash equivalents: ₹1,727.75 (₹3.33)
  • Total equity: ₹4,590.22 (₹2,315.68)
  • Equity share capital: ₹1,760.66 (₹1,531.01)
  • Other equity: ₹2,829.56 (₹784.67)
  • Borrowings (non-current): ₹160.42 (₹225.80)
  • Borrowings (current): ₹1,448.86 (₹969.25)
  • Trade payables: ₹1,593.13 (₹325.51)

Cash Flow Statement (INR Lakhs):

  • Net cash from operating activities: ₹927.41 (₹-8.65)
  • Net cash used in investing activities: ₹-1,190.89 (₹-222.42)
  • Net cash from financing activities: ₹1,987.90 (₹232.63)
  • Net increase in cash: ₹1,724.42 (₹1.56)

Consolidated Financial Results

The consolidated results include the subsidiary Iogems Technologies Private Limited:

  • Subsidiary total assets: ₹330.08 lakhs as of March 31, 2026
  • Subsidiary total revenue: ₹6.38 lakhs for both quarter and year ended March 31, 2026
  • Subsidiary net loss after tax: ₹11.93 lakhs for both quarter and year ended March 31, 2026

Consolidated Income Statement (INR Lakhs):

  • Revenue from operations: ₹7,274.58 for FY26
  • Total income: ₹7,283.62 for FY26
  • Profit before tax: ₹802.39 for FY26
  • Tax expense: ₹225.93 for FY26
  • Profit for the year: ₹576.46 for FY26
  • Total comprehensive income: ₹576.24 for FY26
  • Basic and diluted EPS: ₹3.12 for FY26

Consolidated Balance Sheet (INR Lakhs):

  • Total assets: ₹8,368.95 as of March 31, 2026
  • Total equity: ₹4,622.26
  • Equity attributable to equity holders of parent: ₹4,583.90
  • Non-controlling interest: ₹38.36