The Board considered and approved the following items:

1. Approved the Audited Financial Results of the Company for the quarter and year ended 31st March, 2026 upon recommendation of the Audit Committee

2. Approved the Auditors' report for audited Standalone financial results

3. Approved the re-appointment of Mr. Krishna Kumar Bhandari (DIN: 05309897) as the Whole-Time Director of the Company

Financial Results Highlights (Standalone, Rs. in Lakhs)

Quarter Ended 31.03.2026 (Audited):

  • Revenue from Operations: ₹793.53
  • Other Income: ₹2.89
  • Total Income: ₹796.42
  • Total Expenses: ₹852.34
  • Loss Before Tax: ₹(55.92)
  • Tax Expense: ₹30.81 (Current Tax: ₹2.91, Deferred Tax: ₹27.90)
  • Net Loss for the Quarter: ₹(86.73)
  • Basic & Diluted EPS: ₹(1.48)

Year Ended 31.03.2026 (Audited):

  • Revenue from Operations: ₹1,929.86
  • Other Income: ₹120.33
  • Total Income: ₹2,050.19
  • Total Expenses: ₹1,986.25
  • Profit Before Tax: ₹63.94
  • Tax Expense: ₹30.81 (Current Tax: ₹2.91, Deferred Tax: ₹27.90)
  • Net Profit for the Year: ₹33.13
  • Basic & Diluted EPS: ₹0.57

Comparative Figures Year Ended 31.03.2025 (Audited):

  • Revenue from Operations: ₹1,631.99
  • Other Income: ₹39.22
  • Total Income: ₹1,671.21
  • Total Expenses: ₹1,659.79
  • Profit Before Tax: ₹11.42
  • Tax Expense: ₹(14.83) (Deferred Tax only)
  • Net Profit for the Year: ₹26.25
  • Basic & Diluted EPS: ₹0.45

Balance Sheet Position (as at 31st March)

  • Paid-up Equity Share Capital: ₹585.71 lakhs (Face value ₹10 each) for both 2026 and 2025
  • Other Equity: ₹(342.02) lakhs (2026) vs ₹(375.15) lakhs (2025)
  • Total Assets: ₹1,301.85 lakhs (2026) vs ₹1,508.61 lakhs (2025)

Cash Flow Highlights (Year Ended 31.03.2026)

  • Cash generated from operations: ₹43.29 lakhs
  • Net cash flow from operating activities: ₹40.40 lakhs
  • Net cash flow from investing activities: ₹214.37 lakhs (including proceeds from sale of property, plant and equipment of ₹455.58 lakhs)
  • Net cash flow used in financing activities: ₹(251.29) lakhs
  • Net increase in cash and cash equivalents: ₹3.48 lakhs
  • Cash and cash equivalents at year-end: ₹7.76 lakhs

Key Notes and Disclosures

1. The Audit Committee reviewed and the Board of Directors took on record the financial results on 29th May 2026

2. The company operates in one business segment: "Manufacturing and marketing of cotton canvas"

3. The auditors carried out a limited review of the financial results for the quarter ended 31.03.2026

4. The company shifted its existing machineries from its factory at TADA, Andhra Pradesh to its factory at Gummudipoondi, Tamil Nadu during the year and sold the factory land and building situated at TADA, Andhra Pradesh

5. Previous quarters'/years' figures have been regrouped/reclassified and rearranged wherever necessary