Summary of Key Information:
Reporting Period: Quarter ended March 31, 2026 and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Audited Standalone Financial Results
Date of Board Meeting / Approval: May 29, 2026
Audit Opinion: Unmodified Opinion (Clean)
Auditor's Comment: Highlighted key audit matters regarding NCLT resolution plan adjustments and pending confirmations of MSME vendor balances
Key Financial Highlights [Rs. In Lakhs]
Standalone Results:
Revenue from Operations:
- Q4 FY26: ₹1,939.887 lakhs
- Q3 FY26: ₹314.852 lakhs
- Q4 FY25: ₹1,257.218 lakhs
- FY26: ₹2,891.089 lakhs
- FY25: ₹2,329.838 lakhs
Total Income:
- Q4 FY26: ₹1,954.620 lakhs
- FY26: ₹2,905.838 lakhs
Net Profit/(Loss):
- Q4 FY26: ₹(32,143.678) lakhs
- FY26: ₹(31,273.191) lakhs
- FY25: ₹1,428.584 lakhs
EPS:
- Basic EPS Q4 FY26: (₹6.391)
- Diluted EPS Q4 FY26: (₹6.391)
- Basic EPS FY26: (₹6.217)
- Diluted EPS FY26: (₹6.217)
Exceptional Items: ₹32,835.467 lakhs (refer note 6)
Cash and Cash Equivalents: ₹1,285.290 lakhs as of March 31, 2026
Debt: No borrowings shown in current liabilities as of March 31, 2026
Balance Sheet Position [Rs. In Lakhs]:
As of March 31, 2026:
- Total Assets: ₹3,663.912 lakhs
- Shareholders' Funds: ₹2,217.215 lakhs
- Current Liabilities: ₹1,436.175 lakhs
- Non-Current Liabilities: ₹10.522 lakhs
As of March 31, 2025:
- Total Assets: ₹1,39,869.683 lakhs
- Shareholders' Funds: ₹(7,98,298.769) lakhs
- Current Liabilities: ₹9,37,858.888 lakhs
- Non-Current Liabilities: ₹309.565 lakhs
Segment-wise Performance:
The Company operates in Defence Business Segment i.e. Manufacturing of drones, UAVs, Kamakazi and other telecommunication systems.
Segment Revenue:
- Q4 FY26: ₹1,939.887 lakhs (Other Operating Income)
- FY26: ₹2,891.089 lakhs (Other Operating Income)
Corporate Actions:
Not Specified
Other Significant Information:
Management Change: New management took over control during the year under the NCLT-approved Resolution Plan
Exceptional Items: ₹32,835.467 lakhs recognized due to NCLT-driven adjustments for write-offs/reversals of pre-acquisition balances
Cash Flow: Net cash inflow from operating activities: ₹287.41 lakhs for FY26
Investor Complaints: For quarter ended March 31, 2026 - Opening: 0, Received: 0, Resolved: 0, Closing: 0