Financial Results Overview (Rs. in lakhs)

Quarter Ended March 31, 2026 (Audited):

  • Revenue From Operations: ₹1,640.33
  • Other Income: ₹1.11
  • Total Income (Net): ₹1,641.44
  • Total Expenses: ₹1,559.60
  • Profit Before Tax: ₹81.83
  • Tax Expenses: ₹(6.06)
  • Net Profit for the period: ₹87.89
  • Basic EPS: ₹0.05

Year Ended March 31, 2026 (Audited):

  • Revenue From Operations: ₹5,787.87
  • Other Income: ₹21.34
  • Total Income (Net): ₹5,800.21
  • Total Expenses: ₹5,480.85
  • Profit Before Tax: ₹328.36
  • Tax Expenses: ₹58.04
  • Net Profit for the period: ₹270.32
  • Basic EPS: ₹0.17

Comparative Figures (Year Ended March 31, 2025):

  • Revenue From Operations: ₹2,260.09
  • Other Income: ₹117.33
  • Total Income (Net): ₹2,377.42
  • Net Profit for the period: ₹223.13
  • Basic EPS: ₹0.14

Key Financial Metrics

  • Paid-up Equity Share Capital: ₹1,601.50 lakhs (unchanged from previous periods)
  • Face Value of Equity Share: ₹1.00
  • Reserves (excluding revaluation): ₹369.56 lakhs as per previous year balance sheet
  • No debt securities outstanding

Cash Flow Statement (Year Ended March 31, 2026)

  • Net Cash From Operating Activities: ₹(913.41) lakhs
  • Net Cash From Investing Activities: ₹916.89 lakhs
  • Net Cash From Financing Activities: ₹0.00
  • Net Increase in Cash and Cash Equivalents: ₹3.49 lakhs
  • Cash and Cash Equivalents - Closing Balance: ₹7.37 lakhs

Balance Sheet Highlights (As at March 31, 2026)

  • Total Assets: ₹2,141.19 lakhs
  • Inventories: ₹1,113.32 lakhs
  • Trade Receivables: Not specifically quantified but mentioned in auditor's emphasis
  • Cash and Cash Equivalents: ₹7.37 lakhs
  • Total Equity: ₹2,009.39 lakhs
  • Total Liabilities: ₹131.80 lakhs

Auditor's Report Emphasis Matters

The auditor, S K Bhavsar & Co., Chartered Accountants (ICAI Firm Registration No.: 145880W), issued an unmodified opinion but highlighted several concerns:

1. Trade Receivables and Payables Verification: Management did not furnish balance confirmation letters, wise reconciliation statements, and age-wise analysis for certain Trade Receivable and Trade Payable balances outstanding as at 31st March, 2026. The impact of any required adjustments is not ascertainable.

2. Inventory Valuation: The auditor was not provided with satisfactory supporting documents for completeness of inventory valuation as on 31st March 2026.

3. Internal Auditor Appointment: The Company did not appoint an Internal Auditor for the entire Financial Year 2025-26, constituting non-compliance with Section 138 of the Companies Act, 2013 read with Rule 13 of the Companies (Accounts) Rules, 2014.

4. MSME Classification: The company has significant trade payables but has not provided bifurcation between Micro, Small and Medium Enterprise (MSME) creditors, affecting regulatory compliance with the Micro, Small and Medium Enterprises Development Act, 2006.

5. Advances to Suppliers: Advances paid to suppliers remain unconfirmed, raising concerns about the reliability and completeness of reported liabilities.