Board Meeting Details

The Board of Directors meeting was held on May 23, 2026, commencing at 5:45 PM and concluding at 6:30 PM.

Approved Items

1. Audited Financial Results: Approved the audited financial results for the 4th quarter and financial year ended March 31, 2026, pursuant to Regulation 33 of Listing Regulations. The results include an unmodified audit opinion from statutory auditors.

2. Internal Auditor Re-appointment: Based on Audit Committee recommendations, re-appointed M/s. Swati Doogar & Co., Chartered Accountants, Hyderabad, as Internal Auditor for Financial Year 2026-27. The appointment is effective from May 23, 2026.

Financial Results Summary (All amounts in INR lakhs)

Quarterly Performance (Q4 FY26)

  • Revenue from operations: ₹287.76
  • Other income: ₹0.73
  • Total income: ₹288.49
  • Total expenses: ₹131.48
  • Profit before tax: ₹157.01
  • Tax expense: ₹1.81 (Current tax: ₹0.09, Deferred tax: not specified)
  • Profit for the quarter: ₹155.11
  • Basic and diluted EPS: ₹1.45

Annual Performance (FY26)

  • Revenue from operations: ₹287.76
  • Other income: ₹0.73
  • Total income: ₹288.49
  • Total expenses: ₹281.29
  • Profit before tax: ₹7.20
  • Tax expense: ₹(5.04) (Current tax: ₹0.61, Deferred tax: not specified)
  • Profit for the year: ₹11.63
  • Basic and diluted EPS: ₹0.25

Comparative Annual Performance (FY25)

  • Profit/(Loss) for the year: ₹(55.00) loss
  • Basic and diluted EPS: ₹(1.20)

Balance Sheet Position (as at March 31, 2026)

  • Total assets: ₹1,375.91 lakhs
  • Equity share capital: ₹503.73 lakhs
  • Other equity: ₹(391.95) lakhs
  • Total equity: ₹111.78 lakhs
  • Non-current liabilities: ₹0.63 lakhs
  • Current liabilities: ₹1,263.50 lakhs
  • Borrowings: ₹908.27 lakhs
  • Cash and cash equivalents: ₹3.54 lakhs

Cash Flow Statement (FY26)

  • Net cash used in operating activities: ₹(198.87) lakhs
  • Net cash used in investing activities: ₹(47.19) lakhs
  • Net cash from financing activities: ₹235.79 lakhs (proceeds from borrowings)
  • Net decrease in cash: ₹(10.27) lakhs

Audit and Compliance

  • Statutory auditors: M/s. Samudrala K & Co. LLP
  • Audit opinion: Unmodified opinion issued on financial results
  • Declaration submitted pursuant to Regulation 33(3)(d) of SEBI LODR Regulations
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)

Additional Information

  • The company operates in a single segment
  • Figures for earlier periods have been regrouped and rearranged for consistency