Board Meeting Details

The Board of Directors meeting was held on May 30, 2026, from 4:00 PM to 4:30 PM IST, where they considered and approved the audited financial results for the half year and year ended March 31, 2026.

Financial Results Summary (Year Ended March 31, 2026)

Income Statement Highlights (₹ Lakhs)

  • Revenue from operations: ₹7826.91
  • Total expenses: ₹6482.26
  • Profit before tax: ₹1375.72
  • Tax expense: ₹332.76 (Current tax: ₹352.53, Deferred tax: ₹-20.17, Prior period taxes: ₹0.40)
  • Net profit for the year: ₹852.87
  • Earnings per share (Basic and Diluted): ₹6.95 (Face value per equity share: ₹2)

Half-Yearly Results (H2 FY2026) (₹ Lakhs)

  • Revenue from operations: ₹5998.85
  • Total expenses: ₹4868.32
  • Profit before tax: ₹1130.53
  • Tax expense: ₹277.65 (Current tax: ₹284.33, Deferred tax: ₹-7.83, Prior period taxes: ₹1.15)
  • Net profit for half year: ₹852.87
  • Earnings per share (Basic and Diluted): ₹6.95

Balance Sheet Position (as at March 31, 2026)

Equity and Liabilities (₹ Lakhs)

  • Share capital: ₹579.02 (Increased from ₹445.05 in FY2025)
  • Reserves and surplus: ₹10229.72 (Increased from ₹2872.12 in FY2025)
  • Long-term borrowings: ₹255.30
  • Short-term borrowings: ₹150.89 (Decreased from ₹1078.15 in FY2025)
  • Trade payables: ₹1709.47 (Micro enterprises: ₹28.21, Others: ₹1681.26)
  • Other current liabilities: ₹385.40
  • Short-term provisions: ₹355.07

Assets (₹ Lakhs)

  • Property, plant and equipment: ₹865.18
  • Intangible assets: ₹17.89
  • Capital work-in-progress: ₹444.66
  • Deferred tax assets: ₹66.84
  • Long-term loans and advances: ₹1243.28
  • Other non-current assets: ₹2037.60
  • Inventories: ₹771.95
  • Trade receivables: ₹4297.76
  • Cash and bank balances: ₹3415.88 (Increased from ₹125.52 in FY2025)
  • Short-term loans and advances: ₹131.80
  • Other current assets: ₹372.04

Cash Flow Statement (Year Ended March 31, 2026)

  • Cash flow from operating activities: ₹1263.09
  • Cash flow used in investing activities: ₹-6566.57
  • Cash flow from financing activities: ₹5337.93
  • Net increase in cash and cash equivalents: ₹34.45
  • Cash and cash equivalents at end of period: ₹35.39

IPO Details and Fund Utilization

The company completed its Initial Public Offering (IPO) with the following details:

  • Date of allotment: January 27, 2026
  • Listing date: January 28, 2026 on BSE SME Platform
  • Equity shares issued: 66,98,400 shares of face value ₹2 each
  • Issue price: ₹104 per share (including share premium of ₹102 per share)
  • Total proceeds: ₹6966.34 lakhs

IPO Fund Utilization (as at March 31, 2026)

  • Capital expenditure towards setting up Proposed New Facility: ₹5133.02 lakhs allocated, ₹35.00 lakhs utilized, ₹5168.02 lakhs pending utilization

Additional Notes

  • Previous year's figures have been regrouped/reclassified/restated where necessary
  • Earnings per share is calculated on weighted average share capital received by the company
  • Half yearly EPS is not annualized
  • H2 FY2025 numbers are not available as these are the first financials reported post-listing