Board Meeting Details

A meeting of the Board of Directors was held on Saturday, 30th May, 2026, commencing at 02:00 PM and concluding at 03:15 PM. The board:

  • Considered and approved audited standalone financial results for the quarter and year ended March 31, 2026
  • Reviewed the statement of assets and liabilities and cash flow statement
  • Received declaration by the Managing Director pursuant to Regulation 33(3)(d) of SEBI LODR
  • Reviewed audit report issued by statutory auditors M/s. G.P. Keshri & Associates

Trading Window Closure

The trading window for trading in the company's equity shares was closed for directors, officers, designated employees and other connected persons from Tuesday, 1st April 2026. The window will open 48 hours after the financial results are declared to stock exchanges.

Financial Results Summary (Figures in ₹ Lakhs)

Quarterly Performance (Audited)

  • Quarter Ended 31.03.2026: Net Loss of ₹25.82 lakh
  • Preceding Quarter Ended 31.12.2025 (Unaudited): Net Loss of ₹28.84 lakh
  • Corresponding Quarter Ended 31.03.2025 (Audited): Net Loss of ₹11.93 lakh

Annual Performance (Audited)

  • Year Ended 31.03.2026: Net Loss of ₹74.25 lakh
  • Previous Year Ended 31.03.2025: Net Loss of ₹42.31 lakh

Revenue Analysis

  • Total Income from Operations: ₹0 for all periods (quarterly and annual)
  • Other Income: ₹0 for all periods
  • Total Revenue: ₹0 for all periods

Expense Breakdown (Year Ended 31.03.2026)

  • Employee benefits expenses: ₹17.74 lakh (₹16.90 lakh in previous year)
  • Depreciation and amortization expenses: ₹22.56 lakh (₹22.56 lakh in previous year)
  • Other expenses: ₹33.95 lakh (₹2.84 lakh in previous year)
  • Total Expenses: ₹74.25 lakh (₹42.31 lakh in previous year)

Tax Expenses

  • Current Tax: ₹0
  • Income Tax Adjustment: ₹0
  • MAT Credit Entitlement: ₹0
  • Deferred Tax Liabilities/(Assets): ₹0

Earnings Per Share

  • Basic EPS (continuing operations): (₹0.000) for all periods
  • Diluted EPS (continuing operations): (₹0.000) for all periods
  • Basic EPS (discontinued operations): (₹0.000) for all periods
  • Diluted EPS (discontinued operations): (₹0.000) for all periods

Statement of Assets and Liabilities as at 31.03.2026 (Figures in ₹ Lakhs)

Assets

  • Total Assets: ₹1,047.04 lakh (₹1,076.40 lakh as at 31.03.2025)
Non-Current Assets: ₹214.62 lakh (₹244.78 lakh)
  • Property, Plant and Equipment: ₹39.55 lakh (₹62.11 lakh)
  • Investments: ₹0.02 lakh (₹0.02 lakh)
  • Loan & Advances: ₹175.05 lakh (₹182.65 lakh)
Current Assets: ₹832.43 lakh (₹831.62 lakh)
  • Inventories: ₹806.63 lakh (₹806.63 lakh)
  • Cash and Bank equivalents: ₹12.69 lakh (₹11.88 lakh)
  • Loan & Advances: ₹3.02 lakh (₹3.02 lakh)
  • Other Current Assets: ₹10.08 lakh (₹10.08 lakh)

Equity and Liabilities

  • Total Equity and Liabilities: ₹1,047.04 lakh (₹1,076.40 lakh)
Equity: ₹-773.41 lakh (₹-699.16 lakh)
  • Equity Share Capital: ₹2,641.91 lakh (₹2,641.91 lakh)
  • Other Equity: ₹-3,665.32 lakh (₹-3,591.07 lakh)
  • Money received against share warrants: ₹250.00 lakh (₹250.00 lakh)
Liabilities: ₹1,820.45 lakh (₹1,775.56 lakh)
Non-Current Liabilities: ₹869.05 lakh (₹862.75 lakh)
  • Borrowings: ₹686.26 lakh (₹679.96 lakh)
  • Deferred Tax Liabilities (Net): ₹171.06 lakh (₹171.06 lakh)
  • Other Non-Current Liabilities: ₹11.73 lakh (₹11.73 lakh)
Current Liabilities: ₹951.41 lakh (₹912.81 lakh)
  • Borrowings: ₹3.40 lakh (₹3.40 lakh)
  • Trade Payables: ₹363.12 lakh (₹363.12 lakh)
  • Other Current Liabilities: ₹533.87 lakh (₹495.28 lakh)
  • Provisions: ₹51.01 lakh (₹51.01 lakh)

Cash Flow Statement (Figures in ₹ Lakhs)

Year Ended 31.03.2026

  • Net Cash Flow from Operating Activities: (₹13.09)
  • Net Cash Flow from Investing Activities: ₹7.60
  • Net Cash Flow from Financing Activities: ₹6.30
  • Net Increase in Cash & Cash Equivalents: ₹0.81
  • Cash and cash equivalents at beginning: ₹11.88
  • Cash and cash equivalents at end: ₹12.69

Year Ended 31.03.2025

  • Net Cash Flow from Operating Activities: (₹11.59)
  • Net Cash Flow from Investing Activities: ₹6.60
  • Net Cash Flow from Financing Activities: ₹6.40
  • Net Increase in Cash & Cash Equivalents: ₹1.41
  • Cash and cash equivalents at beginning: ₹10.47
  • Cash and cash equivalents at end: ₹11.88

Audit and Compliance Details

Declaration by Whole Time Director

Kashi Nath Jha, Whole Time Director, declared that statutory auditors have issued an audit report with unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. This declaration is given pursuant to Regulation 33(3)(d) of SEBI LODR Regulations, 2015 and circular no. CIR/CFD/CMD/56/2016 dated May 27, 2016.

Independent Auditor's Report

G.P. Keshri & Associates, Chartered Accountants, issued an unmodified audit opinion stating:

  • The financial results are presented in accordance with Regulation 33 of SEBI LODR Regulations
  • The results give a true and fair view in conformity with Indian Accounting Standards (Ind AS)
  • The audit was conducted in accordance with Standards on Auditing specified under section 143(10) of Companies Act, 2013
  • The financial results have been prepared on the basis of interim financial statements following Indian Accounting Standard 34 'Interim Financial Reporting'

Notes to Financial Results

1. The results were reviewed by the Audit Committee and approved by the Board of Directors on May 30, 2026

2. Figures are subject to audit report issued by statutory auditors

3. Previous period figures have been rearranged/regrouped to confirm to current period classifications

4. Financial results prepared in accordance with Ind AS prescribed under Section 133 of Companies Act, 2013 and Regulation 33 of SEBI LODR Regulations