Document Title: Q1 FY27 Financial Results and Board Decisions
Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results
Date of Board Meeting / Approval: August 14, 2026 (6:45 PM to 7:15 PM)
Audit Opinion: Clean (Limited Review Report states no material misstatement)
Auditor's Comment: Statutory Auditors issued a Limited Review Report with no qualifications or modifications. Nothing came to their attention that causes them to believe the statement contains any material misstatement.
Key Financial Highlights [Amount in lakhs]
Standalone Results:
Revenue from Operations: Not specified
Other Income: ₹1,398.73
Total Income: ₹1,398.73 (compared to ₹1,388.37 in Q4 FY26 and ₹1,398.73 in Q1 FY25)
Expenses:
Construction Material Consumed and Operating Expenses: Not specified
Changes in inventories: (₹551.00)
Employee benefits expenses: Not specified
Finance costs: ₹1,510.81 (compared to ₹1,441.38 in Q4 FY26 and ₹1,345.57 in Q1 FY25)
Depreciation and amortisation expenses: ₹247
Other expenses: ₹3.39
Total expenses: ₹1,521.67 (compared to ₹1,461.28 in Q4 FY26 and ₹1,351.61 in Q1 FY25)
Profit before exceptional item and tax: (₹122.94) loss (compared to (₹72.91) loss in Q4 FY26 and ₹47.12 profit in Q1 FY25)
Exceptional Items: None
Profit before tax: (₹122.94) loss
Tax expense: None
Net Profit for the period: (₹122.94) loss (compared to (₹72.91) loss in Q4 FY26 and ₹47.12 profit in Q1 FY25)
Other Comprehensive Income: None
Total Comprehensive Income for the period: (₹122.94) loss
Equity Details:
Paid-up equity share capital: ₹1,000.00
Face value of equity share: ₹10
Other equity as at balance sheet date: Not specified for current quarter; (₹13,879.12) as at March 31, 2026
Earnings per share (Not annualized):
Basic EPS: (₹1.23) (compared to (₹0.73) in Q4 FY26 and ₹0.47 in Q1 FY25)
Diluted EPS: (₹1.23)
Segment-wise Performance:
The Company has only one reportable segment "Real estate development" as per Ind AS-108.
Corporate Actions:
No dividend declarations, share splits, bonus issues, or buybacks announced.
The Company received approval from BSE (Notice No. 20260730-53 dated July 30, 2026) and NSE (Circular Ref. No. NSE/LIST/C/2026/0844 dated July 30, 2026) for listing and admission to dealings of 1,00,00,000 equity shares of ₹10 each.
Regulatory Disclosures:
Appointment of Mr. Sudheeran Ravindran as Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) effective August 14, 2026. He is a qualified Civil Engineering professional with 16+ years of experience in project planning, execution, and infrastructure development.
Appointment of Mr. Siddhanth Jain as Chief Legal Officer (CLO) of the Company.
Appointment of CA Shreyas Shah as Internal Auditor for FY 2026-27. He is a Chartered Accountant based in Pune with experience in audit, certification, and regulatory compliances.
Approval to convey the 35th Annual General Meeting (AGM) on Thursday, September 10, 2026 through Video Conferencing/other audio video means.
September 04, 2026 fixed as cut-off date for determining shareholders eligible for e-voting.
Appointment of M/s. Saurabh Shukla & Associates, Practicing Company Secretaries as scrutinizer for the AGM.
Approval of Board's Report for the year ended March 31, 2026.
Other Significant Information:
The Company completed acquisition of 100% equity stake in M/s. Moonbrick Realty Private Limited, Pune, Maharashtra through a Share Purchase Agreement executed on July 07, 2026. The acquisition was completed on July 13, 2026, making Moonbrick a wholly owned subsidiary.
Granted authorization for entering Material Related Party Transactions with M/s. Classic Promoters and Builders Private Limited, M/s. Ashdan Township Holdings Private Limited, M/s. Ashdan Township Ventures Private Limited and M/s. Moonbrick Realty Private Limited.
Omnibus approval for Related Party Transactions.
Reviewed policies of the Company.
The figures for previous periods have been re-grouped/re-arranged where necessary for correspondence with current period disclosures.