Key Quantitative Figures

Standalone Financial Performance (₹ in Lakhs):

Income Statement:

  • Revenue from Operations (Net Sales): FY2026: ₹41,475.05 (FY2025: ₹25,621.33)
  • Other Income: FY2026: ₹777.70 (FY2025: ₹766.47)
  • Total Income: FY2026: ₹42,252.75 (FY2025: ₹26,387.80)
  • Cost of Materials Consumed: FY2026: ₹6,478.17 (FY2025: ₹5,084.98)
  • Purchase of Stock-in-Trade: FY2026: ₹30,355.31 (FY2025: ₹17,433.66)
  • Employee Benefits Expense: FY2026: ₹893.07 (FY2025: ₹551.92)
  • Finance Costs: FY2026: ₹1,601.25 (FY2025: ₹1,608.70)
  • Depreciation and Amortization: FY2026: ₹831.32 (FY2025: ₹763.01)
  • Profit Before Tax: FY2026: ₹231.52 (FY2025: ₹221.18)
  • Tax Expense: FY2026: ₹69.58 (FY2025: ₹107.55)
  • Current Tax: ₹15.10
  • Deferred Tax: ₹27.33
  • Tax Adjustments of Previous Year: (₹16.74)
  • Net Profit After Tax: FY2026: ₹71.43 (FY2025: ₹95.52)
  • Other Comprehensive Income: (₹3.99)
  • Total Comprehensive Income: FY2026: ₹67.44 (FY2025: ₹91.98)

Earnings Per Share (₹):

  • Basic EPS: FY2026: 0.26 (FY2025: 0.34)
  • Diluted EPS: FY2026: 0.24 (FY2025: 0.34)

Quarterly Performance (Q4 FY2026):

  • Revenue from Operations: ₹15,821.32 (Q4 FY2025: ₹9,056.99)
  • Total Income: ₹15,963.62 (Q4 FY2025: ₹9,772.12)
  • Net Profit After Tax: ₹35.74 (Q4 FY2025: ₹10.43)

Consolidated Financial Performance (₹ in Lakhs):

  • Revenue from Operations: FY2026: ₹223,454.57 (FY2025: ₹102,859.72)
  • Total Income: FY2026: ₹228,100.52 (FY2025: ₹105,355.91)
  • Profit Before Tax: FY2026: ₹22,854.84 (FY2025: ₹4,560.10)
  • Net Profit After Tax: FY2026: ₹22,253.00 (FY2025: ₹4,116.10)
  • Basic EPS: FY2026: ₹31.57 (FY2025: ₹16.37)

Segment-wise Revenue (Standalone, FY2026):

  • Agro Division: ₹25,639.92
  • Healthcare Division: ₹12,826.56
  • Infrastructure Division: ₹3,008.57

Balance Sheet Position (Standalone, as of March 31, 2026):

  • Total Assets: ₹57,995.02 lakhs (Previous year: ₹52,697.18 lakhs)
  • Non-Current Assets: ₹28,150.84 lakhs
  • Current Assets: ₹29,844.18 lakhs
  • Total Equity: ₹9,350.35 lakhs
  • Non-Current Liabilities: ₹3,442.97 lakhs
  • Current Liabilities: ₹45,201.71 lakhs
  • Paid-up Equity Capital: ₹2,798.59 lakhs (unchanged)

Cash Flow (Standalone, FY2026):

  • Cash from Operating Activities: ₹2,674.15 lakhs
  • Cash from Investing Activities: ₹980.13 lakhs
  • Cash from Financing Activities: (₹3,888.38) lakhs
  • Net Change in Cash: (₹234.10) lakhs

Dates of Action

  • Board Meeting Date: May 25, 2026 (commenced at 3:00 PM, concluded at 9:00 PM)
  • Financial Period: Quarter and Year ended March 31, 2026
  • Auditor's Report Date: May 25, 2026

Parties Involved

  • Statutory Auditors: P.G. Joshi & Co. LLP (FRN: 104416W/W101191)
  • Stock Exchange: BSE Limited
  • Signatories: Nikhil Gadkari (Managing Director), CA Avinash Joshi (Auditor), Madhubala Dave (Company Secretary & Compliance Officer)

Subsidiaries Included in Consolidation

1. CIAN Agro LLC Limited (Wholly owned subsidiary)

2. Manas Power Ventures Private Limited (Wholly owned subsidiary)

3. Ideal Energy Projects Limited (Wholly owned step-down subsidiary)

4. Avenzer Electricals and Infrastructure Private Limited (Wholly owned subsidiary)

5. Manas Agro Industries & Infrastructure Limited (Step-down subsidiary)

6. Varron Aluminium Private Limited (Wholly owned subsidiary)

7. Sec One Sales and Marketing Private Limited (Wholly owned subsidiary)

8. Vyankatesh Engineers and Contractors Private Limited (Wholly owned subsidiary)

Auditor's Report Details

  • Type: Unmodified opinion
  • Emphasis of Matter Points:

1. Impairment assessment of Property, Plant and Equipment (Refinery CGU) - no impairment found

2. Investment in unquoted equity instruments carried at cost without fair valuation

3. Write-back of non-current borrowings and trade payables recognized as other income (₹528.26 lakhs)

4. Trade receivables and payables balances subject to confirmation/reconciliation

5. Inventory valued at cost or NRV without provision for obsolescence

6. Revenue recognition based on intimation of approval from contracting party

7. No provision for expected credit loss (ECL) on current receivables

8. NCLT approval for resolution plan of Shubhada Tool Industries (to be completed by March 24, 2027)

Statutory Dues Payable (as of March 31, 2026)

  • Provident Fund: ₹190.99 lakhs
  • ESIC: ₹0.44 lakhs
  • Professional Tax: ₹1.20 lakhs
  • Other statutory dues: ₹40 lakhs
  • Total: ₹232.63 lakhs

Labour Code Implementation

The Company has assessed the impact of New Labour Codes enacted on November 21, 2025, and does not expect material impact on financial statements. Implementing required changes effective April 1, 2026.

Capital Structure

No change in paid-up equity share capital (₹2,798.59 lakhs). Face value of shares: ₹10 each.