Key Financial Figures

Balance Sheet as at March 31, 2026 (₹ in lakhs):

  • Total Assets: ₹4.88 (vs. ₹14.41 in FY25)
  • Equity Share Capital: ₹211.50 (unchanged from FY25)
  • Other Equity: Negative ₹1,575.66 (vs. negative ₹205.98 in FY25)
  • Total Equity: Negative ₹1,364.16 (vs. ₹5.52 in FY25)
  • Long-term borrowings: ₹1,367.87 (vs. ₹8.00 in FY25)
  • Cash and Cash Equivalents: ₹1.48 (vs. ₹11.00 in FY25)
  • Other Financial Assets: ₹1.83 (vs. ₹1.83 in FY25)

Income Statement for Year Ended March 31, 2026 (₹ in lakhs):

  • Total Income: ₹3.26
  • Total Expenses: ₹35.81
  • Profit/(Loss) before tax: Negative ₹35.81 (vs. profit of ₹90.52 in FY25)
  • Profit/(Loss) after tax: Negative ₹35.81 (vs. profit of ₹90.52 in FY25)
  • Earnings Per Share: ₹1.69 (vs. ₹4.28 in FY25)

Cash Flow Statement (₹ in lakhs):

  • Net Cash flow from Operating Activities: Negative ₹35.52 (vs. ₹21.44 in FY25)
  • Net Cash used in Financing Activities: ₹26.00 (vs. ₹30.73 in FY25)
  • Closing Cash Balance: ₹1.48 (vs. ₹11.00 opening balance)

Dates of Action

The Board meeting was held on May 29, 2026. The financial results cover the period ending March 31, 2026. The auditor's report is dated May 29, 2026.

Parties Involved

  • Board of Directors: DRSP Raju (Director, DIN: 013006612), DV Prudvi Raju (Director, DIN: 03024648)
  • Management: Datla Sakuntala (Chief Financial Officer), Ritu Singh (Company Secretary)
  • Statutory Auditors: GMK Associates (Chartered Accountants, FRN: 0069455), represented by M.S. Prakasa Rao (Partner, Membership No. 027278)
  • Regulatory Authority: BSE Limited

Financial Impact

The company reported a net loss of ₹35.81 lakh for FY26 compared to a net profit of ₹90.52 lakh in FY25. The company has negative equity of ₹1,364.16 lakh as of March 31, 2026.

Auditor's Emphasis of Matter

The auditors drew attention to:

1. Preparation of Ind AS financial statements on a realizable value basis

2. Absence of confirmation of balances

The impact of these uncertainties could not be determined at the time of the audit, but the opinion was not modified.

Capital Structure Impact

Equity share capital remained unchanged at ₹211.50 lakh. The significant change occurred in other equity, which turned more negative at ₹1,575.66 lakh compared to ₹205.98 lakh in the previous year.