BKV Industries Limited

Key Financial Results

Income Statement (Year Ended March 31, 2026):

  • Total Revenue from Operations: ₹79.71 lakh
  • Other Income: ₹3.35 lakh
  • Total Income: ₹83.06 lakh
  • Total Expenses: ₹91.59 lakh
  • Loss Before Tax: ₹(8.53) lakh
  • Tax Expense: ₹0 (No provision considered due to losses and unabsorbed depreciation)
  • Net Loss for the Year: ₹(8.53) lakh
  • Other Comprehensive Loss: ₹(21.18) lakh (primarily ₹12.65 lakh remeasurement losses on defined benefit plans)
  • Total Comprehensive Loss for the Year: ₹(29.71) lakh
  • Basic and Diluted EPS: ₹(0.06) per share (face value ₹1 each)

Balance Sheet Position (As of March 31, 2026):

  • Total Assets: ₹478.25 lakh
  • Non-Current Assets: ₹423.00 lakh (including Investment Properties: ₹411.61 lakh)
  • Current Assets: ₹55.25 lakh (including Cash & Cash Equivalents: ₹42.27 lakh)
  • Total Equity: ₹427.27 lakh (Paid-up Share Capital: ₹154.49 lakh, Other Equity: ₹272.78 lakh)
  • Non-Current Liabilities: ₹26.39 lakh (Provisions)
  • Current Liabilities: ₹24.59 lakh

Cash Flow Statement (Year Ended March 31, 2026):

  • Net Cash Used in Operating Activities: ₹(2.66) lakh
  • Net Cash Flow from Investing Activities: ₹0
  • Net Cash Flow from Financing Activities: ₹0
  • Net Decrease in Cash: ₹(0.24) lakh
  • Cash Equivalents at Beginning: ₹42.51 lakh
  • Cash Equivalents at End: ₹42.27 lakh

Board and Audit Details

  • Board Meeting Date: May 26, 2026 (3:30 PM to 4:30 PM at Registered Office)
  • Audit Committee Review Date: May 26, 2026
  • Statutory Auditor: M/s. Garlapati & Co., Chartered Accountants (FRN: 0008925)
  • Audit Opinion: Unmodified (unqualified) opinion

Significant Accounting Matter

Auditors emphasized a matter regarding going concern uncertainty due to accumulated losses, though they noted the company continues based on consistent lessee income meeting financial commitments. The company has assessed its liquidity position and expects to recover asset carrying amounts.

Labour Code Implementation Impact

The company implemented restructured compensation effective April 1, 2026, in line with the newly notified Labour Codes. The impact resulted in an actuarial loss for gratuity computation of ₹12.65 lakh, disclosed in Other Comprehensive Income. The company notes no other incremental impact and continues to monitor finalization of Central/State Rules.

Additional Information

  • Figures for previous periods have been regrouped/reclassified for comparability
  • Quarter ended figures are balancing numbers between audited full-year and reviewed YTD numbers
  • Single reportable segment as operating results are reviewed as a whole
  • No provision for income tax due to losses and substantial unabsorbed depreciation carry forward