Key Financial Figures

  • Revenue from Operations: ₹74.27 lakhs (FY26) vs ₹87.97 lakhs (FY25)
  • Other Income: ₹0.10 lakhs (FY26) vs ₹0.04 lakhs (FY25)
  • Total Income: ₹74.37 lakhs (FY26) vs ₹88.01 lakhs (FY25)
  • Total Expenses: ₹71.38 lakhs (FY26) vs ₹84.14 lakhs (FY25)
  • Profit Before Tax: ₹2.99 lakhs (FY26) vs ₹3.87 lakhs (FY25)
  • Profit After Tax: ₹2.99 lakhs (FY26) vs ₹3.87 lakhs (FY25)
  • No dividend recommended for FY26
  • Paid-up Equity Share Capital: ₹110.35 lakhs (unchanged)
  • Net Worth: ₹9.17 lakhs (FY26) vs ₹6.18 lakhs (FY25)

AGM Details

  • 33rd Annual General Meeting: Monday, 21st September 2026 at 11:30 AM
  • Mode: Video Conferencing/Other Audio-Visual Means facility
  • Record Date: Monday, 14th September 2026
  • Business:
  • Adoption of audited financial statements for FY ended 31st March 2026
  • Reappointment of Mr. Ramesh Sundaram (DIN: 03268129) who retires by rotation

Board and Management Changes

  • Appointment: Mrs. Nejal Monish Gangar (DIN: 11128035) as Independent Woman Director w.e.f. 30th May 2025 for 5-year term
  • Resignation: Ms. Mamta Sharma (DIN: 07080870) as Independent Director w.e.f. 30th May 2025
  • Current Board Composition:
  • Mr. Sabeen Mohamed Iqbal - Whole-time Director & CFO
  • Mr. Ramesh Sundaram - Non-Executive, Non-Independent Director
  • Mr. Rajarshi Roy - Non-Executive, Independent Director
  • Mrs. Nejal Monish Gangar - Non-Executive, Independent Woman Director

Capital Structure Events

  • Optionally Convertible Debentures: 5,00,000 OCDs of ₹10 each issued in FY23 were restructured into Non-Convertible Debentures
  • Redemption: NCDs with tenure expired on 6th April 2024 were redeemed and transferred to reserves
  • Extinguishment: CDSL recorded extinguishment dated 7th May 2026 for redemption of debentures

Operational Highlights

  • Business: Information Technology Support Services
  • Employee Strength: 2 permanent employees as of 31st March 2026
  • Key Ratios:
  • Debtors Turnover: 0.84 (FY26) vs 1.30 (FY25)
  • Current Ratio: 3.53 (FY26) vs 4.88 (FY25)
  • Return on Net Worth: 0.33% (FY26) vs 0.63% (FY25)

Other Material Information

  • Trade Receivables: ₹88.72 lakhs (FY26) vs ₹67.67 lakhs (FY25)
  • Cash & Cash Equivalents: Negative ₹11.38 lakhs (FY26) vs negative ₹15.06 lakhs (FY25)
  • Long-term Borrowings: ₹41.88 lakhs (FY26) vs ₹31.72 lakhs (FY25)
  • Promoter Holding: 56.49% (62,33,831 shares)
  • No material related party transactions requiring disclosure under Section 188(1)
  • No corporate social responsibility expenditure required

Auditor Observations

  • Statutory Auditors: Clean report with unmodified opinion
  • Secretarial Auditor: noted violation of Section 203 of Companies Act, 2013 (same person as Whole-time Director and CFO)
  • Internal Financial Controls: Adequate and operating effectively