Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting, Unaudited Financial Results, and Statement of Deviation

Date of Board Meeting / Approval: August 14, 2026

Audit Opinion: Clean (Limited Review Report with no modifications)

Auditor’s Comment: Based on the review, nothing has come to their attention that causes them to believe the statement contains any material misstatement.

Key Financial Highlights [Unit: ₹ Lakhs]

Standalone Results:

Revenue from Operations: ₹8,985.56 (Q1 FY27) vs ₹10,660.43 (Q1 FY26) — a decrease of 15.7% YoY.

Total Income: ₹9,089.25 (Q1 FY27) vs ₹10,771.61 (Q1 FY26) — a decrease of 15.6% YoY.

Net Profit: ₹287.83 (Q1 FY27) vs ₹1,498.99 (Q1 FY26) — a decrease of 80.8% YoY.

EPS: ₹0.06 (Q1 FY27) vs ₹3.22 (Q1 FY25) — a decrease of 98.1% YoY.

Paid-up equity share capital: ₹4,658.09 Lakhs

Reserves excluding revaluation reserve: ₹39,788.09 Lakhs (as per previous accounting year)

Expense Breakdown (Q1 FY27):

  • Cost of materials consumed: ₹5,347.12
  • Construction Cost: ₹1,526.04
  • Employee benefits expense: ₹636.72
  • Finance costs: ₹739.36
  • Depreciation and amortization expense: ₹171.91
  • Other expenses: ₹283.07
  • Total expenses: ₹8,704.22

Profitability:

  • Profit before tax: ₹385.03 (Q1 FY27) vs ₹2,003.12 (Q1 FY26)
  • Tax Expense: ₹97.20 (Q1 FY27)
  • Total Comprehensive Income for the period: ₹274.23 (Q1 FY27) vs ₹1,477.39 (Q1 FY26)

Segment-wise Performance:

The company has a single reportable business segment. Revenue from operations consists of revenue from construction contracts (inclusive of unbilled revenue) and from material sale.

Corporate Actions:

  • The face value of each equity share was subdivided/split from ₹10 to ₹1. Each existing share of ₹10 was converted into 10 equity shares of ₹1 each.
  • The company increased its authorized equity share capital from ₹55.00 crore to ₹65.00 crore, an increase of ₹10.00 crore.
  • The Board approved the AGM Notice for convening the Ninth Annual General Meeting through Video Conferencing.
  • The Board approved the Board's report for the financial year 2025-26.

Fund Utilization Details (from IPO):

  • Repayment/prepayment of borrowings: ₹300.00 million (fully utilized)
  • Funding working capital: ₹1,119.56 million (fully utilized)
  • General Corporate Purposes: ₹542.65 million (fully utilized)
  • Issue Expenses: ₹209.21 million utilized of ₹209.89 million revised cost
  • Total Gross Proceeds: ₹2,172.10 million
  • Total Utilized: ₹2,171.42 million
  • Total Unutilized: ₹0.68 million

Other Significant Information:

  • The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS).
  • The figures are in Lakhs except Face value of Equity Shares and EPS, which are in Rupees.
  • The results were reviewed by the Audit Committee and approved by the Board of Directors on 14.08.2026.