Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 31st March 2026 and Financial Year ended 31st March 2026
Nature of Filing / Announcement: Outcome of Board of Directors' Meeting - Standalone Financial Results and Dividend Declaration
Audit Opinion:
Unmodified Opinion issued by M/s Kanodiya Sanyal & Associates, Chartered Accountants
Key Financial Highlights [₹ in Lakhs except EPS]:
Standalone Results:
Quarter Ended 31.03.2026 vs 31.03.2025:
- Revenue from Operations: ₹1,433 vs ₹2,027 (29.3% decrease YoY)
- Total Income: ₹1,464 vs ₹2,260 (35.2% decrease YoY)
- Net Profit: ₹1,377 vs ₹2,293 (39.9% decrease YoY)
- EPS: ₹4.26 vs ₹7.09 (39.9% decrease YoY)
Financial Year Ended 31.03.2026 vs 31.03.2025:
- Revenue from Operations: ₹6,068 vs ₹6,553 (7.4% decrease YoY)
- Total Income: ₹6,235 vs ₹7,143 (12.7% decrease YoY)
- Net Profit: ₹5,440 vs ₹10,827 (49.8% decrease YoY)
- EPS: ₹16.73 vs ₹33.49 (50.0% decrease YoY)
- Other Equity: ₹1,12,705 vs ₹99,511 (13.3% increase YoY)
Revenue Breakdown for FY26:
- Interest Income: ₹11 lakhs
- Dividend Income: ₹476 lakhs
- Net gain on fair value changes: ₹5,951 lakhs
- Other Income: ₹167 lakhs
Expenses for FY26:
- Employees Benefits Expenses: ₹27 lakhs
- Depreciation & Amortisation Expense: ₹2 lakhs
- Other Expenses: ₹31 lakhs
- Total Expenses: ₹60 lakhs
Tax Expense for FY26:
- Current Tax: ₹100 lakhs
- Deferred Tax: ₹665 lakhs
- Income Tax related to earlier years: ₹0 lakhs
- Net Tax Expenses: ₹765 lakhs
Other Comprehensive Income for FY26:
- Items that will not be reclassified to profit or loss: ₹8,150 lakhs
- Total Comprehensive Income for the year: ₹13,560 lakhs
Balance Sheet Position as at 31.03.2026:
- Paid up Equity Share Capital: ₹3,233 lakhs (Face Value ₹10/- each)
- Other Equity: ₹1,12,705 lakhs
- Total Assets: ₹1,27,601 lakhs
- Total Liabilities and Equity: ₹1,27,601 lakhs
Cash Flow Statement for FY26:
- Net Cash flow from operating activities: (₹145) lakhs
- Net Cash flow from investing activities: ₹510 lakhs
- Net Cash flow from financing activities: (₹365) lakhs
- Net Increase/(decrease) in Cash and Cash Equivalents: ₹0 lakhs
Segment-wise Performance:
The Company operates in one segment i.e. investment in shares and providing loans, hence segment reporting is not applicable as per SEBI Circular.
Corporate Actions:
- The Board has recommended a Final Dividend of 14.7% i.e. ₹1.47 per equity share for the Financial Year 2025-26
- Dividend is subject to approval of shareholders in the ensuing Annual General Meeting
Other Significant Information:
- Other Comprehensive Income includes fair value gains on investments in equity shares of Jindal India Power Limited amounting to ₹870 lakhs for the current quarter and ₹9,210 lakhs for the current financial year
- The fair valuation was determined based on valuation report issued by an IBBI-registered valuer
- The new Labour Codes effective from 21.11.2025 have been assessed, with incremental impact not material during the current year
- The figures for the quarter ended 31.03.2026 are the balancing figures between audited figures for the full financial year and unaudited published year-to-date figures up to 31.12.2025