Board Meeting Details
The Board of Directors meeting was held on May 28, 2026, commencing at 5:00 PM and concluding at 8:30 PM.
Key Board Decisions
1. Approved the Audited Standalone and Consolidated Financial Statements for the quarter and financial year ended March 31, 2026
2. Approved proposal for leasing/renting the registered office premises to Cybele Electronics Private Limited, subject to necessary approvals
3. Approved renewal of the Bank Guarantee
4. Took note of results of Postal Ballot conducted by the Company
5. Took note of filings made with BSE Limited
Financial Performance Highlights
Standalone Financials (₹ in Lacs)
Balance Sheet as at March 31, 2026:
- Total Assets: ₹7,723.44 Lacs (Previous: ₹7,187.84 Lacs)
- Fixed Assets: ₹6,088.00 Lacs (Previous: ₹3,991.97 Lacs)
- Current Investments: ₹45.00 Lacs (Previous: ₹800.00 Lacs)
- Inventories: ₹380.99 Lacs (Previous: ₹832.35 Lacs)
- Cash & Cash Equivalents: ₹105.79 Lacs (Previous: ₹350.33 Lacs)
- Share Capital: ₹1,069.58 Lacs (unchanged)
- Reserves & Surplus: ₹3,689.21 Lacs (Previous: ₹5,523.46 Lacs)
- Long-term Borrowings: ₹2,470.18 Lacs (Previous: ₹140.62 Lacs)
Profit & Loss for Year ended March 31, 2026:
- Revenue from Operations: ₹3,360.17 Lacs
- Other Income: ₹79.50 Lacs
- Total Income: ₹7,443.67 Lacs
- Total Expenses: ₹3,932.35 Lacs
- Profit before tax: ₹3,511.32 Lacs (Previous: Loss ₹1,155.06 Lacs)
- Tax Expense: ₹12.86 Lacs
- Net Profit: ₹3,498.46 Lacs (Previous: Loss ₹1,180.68 Lacs)
- EPS (Basic): ₹32.71 (Previous: Negative ₹11.04)
Consolidated Financials (₹ in Lacs)
Balance Sheet as at March 31, 2026:
- Total Assets: ₹9,646.51 Lacs (Previous: ₹7,798.12 Lacs)
- Share Capital: ₹1,299.58 Lacs (Previous: ₹1,069.58 Lacs)
- Reserves & Surplus: ₹5,366.08 Lacs (Previous: ₹3,509.50 Lacs)
Profit & Loss for Year ended March 31, 2026:
- Profit before tax: ₹3,543.00 Lacs (Previous: Loss ₹1,334.05 Lacs)
- Tax Expense: ₹30.14 Lacs
- Net Profit: ₹3,512.86 Lacs (Previous: Loss ₹1,360.39 Lacs)
- EPS (Basic): ₹27.03 (Previous: Negative ₹12.72)
Segment-wise Performance (Standalone)
Year ended March 31, 2026:
- Cables Segment Revenue: ₹3,427.26 Lacs (Previous: ₹2,174.24 Lacs)
- Real Estate Segment Revenue: ₹4,016.41 Lacs (Previous: Nil)
- Cables Segment Loss: ₹276.64 Lacs
- Real Estate Segment Profit: ₹3,974.66 Lacs
Cash Flow Statements
Standalone Cash Flows (₹ in Lacs):
- Net cash used in operating activities: ₹838.07 Lacs
- Net cash from investing activities: ₹3,620.58 Lacs
- Net cash used in financing activities: ₹2,537.98 Lacs
- Net increase in cash: ₹244.53 Lacs
Key Observations
- Significant turnaround from loss to profit position in both standalone and consolidated financials
- Major increase in fixed assets from ₹399.20 Lacs to ₹608.80 Lacs
- Real estate segment contributed substantially to revenue and profitability
- Long-term borrowings increased significantly from ₹14.06 Lacs to ₹247.02 Lacs
- Company incurred cash losses in current financial year but not in immediately preceding year