Financial Performance Highlights
Income Statement (₹ in Lakhs)
| Particulars | 2025-26 | 2024-25 |
| Revenue from operations | 133.84 | 155.10 |
| Other income | 33.98 | 11.55 |
| Total Income | 167.82 | 166.65 |
| Total Expense | 251.35 | 266.56 |
| Profit/Loss before tax | (83.54) | (99.91) |
| Tax Expense | (30.07) | (45.07) |
| Net Profit/Loss | (53.47) | (54.84) |
Segment-wise Performance
The company operates in three segments:
1. Business Support Services: Revenue of ₹113.31 lakh (FY25: ₹40.23 lakh)
2. Financial Investments: Impacted by market volatility with fair value decline
3. Real Estate: Rental income of ₹14.33 lakh (FY25: ₹13.20 lakh)
Key Financial Position (as at 31.03.2026)
- Total Assets: ₹938.18 lakh (Previous: ₹1001.11 lakh)
- Equity Share Capital: ₹300.00 lakh (30,00,000 equity shares of ₹10 each)
- Reserves and Surplus: ₹608.90 lakh (Previous: ₹668.58 lakh)
- Current Investments: ₹379.25 lakh (including quoted equity instruments of ₹284.25 lakh)
- Cash and Cash Equivalents: ₹184.79 lakh (Previous: ₹3.92 lakh)
- Current Ratio: 21.42 (Previous: 19.43)
Annual General Meeting Details
- Date: Thursday, 16th July, 2026
- Time: 11:00 A.M.
- Mode: Video Conference/Other Audio-Visual Means
- Cut-off date for voting: Thursday, 9th July, 2026
Business to be Transacted
Ordinary Business
1. Adoption of audited financial statements for FY 2025-26
2. Re-appointment of Mr. Janampalli Vikramdev Rao (DIN: 00173556) who retires by rotation
Special Business
3. Special Resolution: Continuation of Mr. Kamal Narayan Rathi as Managing Director beyond the age of 70 years (will attain 70 years on 18.01.2027) for the balance period of his existing term up to 17.01.2029 on existing terms and conditions.
Corporate Governance
Board of Directors
| Name | Designation | DIN |
| Mr. Sandeep Rathi | Executive Director & CFO | 05261139 |
| Mr. J. Vikramdev Rao | Non-Executive & Non-Independent Director | 00173556 |
| Mr. T. Bharadwaj | Non-Executive & Non-Independent Director | 00211834 |
| Mr. Sreeram Athota | Independent Director | 10432878 |
| Mrs. Vidya Harkut | Independent Director | 10040990 |
| Mr. Kamal Narayan Rathi | Managing Director | 00011549 |
Board Meetings
4 meetings held during the year on 28.05.2025, 12.08.2025, 11.11.2025 and 10.02.2026
All directors attended all meetings
Key Managerial Personnel
1. Kamal Narayan Rathi - Managing Director
2. Sandeep Rathi - Executive Director & Chief Financial Officer
3. Sonal Agarwal - Company Secretary and Compliance Officer
Committee Composition
- Audit Committee: Mr. Sreeram Athota (Chairman), Mrs. Vidya Harkut, Mr. J. Vikramdev Rao
- Nomination & Remuneration Committee: Mr. Sreeram Athota (Chairman), Mrs. Vidya Harkut, Mr. J. Vikramdev Rao
- Stakeholders Relationship Committee: Mr. T. Bharadwaj (Chairman), Mr. Sreeram Athota, Mrs. Vidya Harkut
Remuneration Details
Director Remuneration (₹ in Lakhs)
| Name | Capacity | FY 2025-26 | FY 2024-25 |
| Mr. Kamal Narayan Rathi | Managing Director | 23.42 | 21.64 |
| Mr. Sandeep Rathi | Executive Director & CFO | 20.37 | 19.34 |
| Non-Executive Directors | Sitting Fees | 1.56 | 1.50 |
Employee Costs
- Total employees: 10
- Median remuneration: ₹2,49,846 per annum (5.78% increase)
- Managerial remuneration ratio: 8.15:1 for ED and 9.37:1 for MD
Auditor Appointments
- Statutory Auditors: M/s. Laxminiwas & Co., Chartered Accountants (appointed until 33rd AGM)
- Internal Auditor: M/s. P P K G & Co., Chartered Accountants
- Secretarial Auditor: M/s. Aakanksha Dubey & Co, Practicing Company Secretaries
All auditors issued unqualified reports with no adverse remarks.
Shareholding Pattern
- Promoter holding: 71.46% (21,43,696 shares)
- Public holding: 28.54% (8,56,304 shares)
- Top shareholder: Mr. Kamal Narayan Rathi (57.92% - 17,37,634 shares)
Other Material Information
- Corporate Identity Number: L67120TG1994PLC018841
- Registrar & Share Transfer Agent: KFin Technologies Ltd.
- Listed at: BSE Limited
Voting Arrangements
- Remote e-voting period: 13th July 2026 (9:00 AM) to 15th July 2026 (5:00 PM)
- Scrutinizer: Mrs. Aakanksha Sachin Dubey, Practicing Company Secretary
- Members can register as speakers for AGM between 10th-12th July 2026