Earkart Limited held its Board Meeting on 29 May 2026 from 02:00 PM to 04:00 PM. The meeting was conducted pursuant to Regulation 30, 33 and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Approval

The Board approved the Audited Standalone Financial Results for the half year ended and financial year ended 31 March 2026, along with the Independent Auditor's Report issued by statutory auditors M/s Timsi & Associates.

Auditor Appointments

The Board appointed:

  • M/s Arvind Aggarwal & Associates, Chartered Accountants as Internal Auditor for FY 2026-27
  • M/s Nikita Kothari & Associates, Practicing Company Secretary as Secretarial Auditor for FY 2026-27

Financial Performance Highlights

Year Ended 31 March 2026 (Audited) vs Year Ended 31 March 2025 (Audited):

  • Revenue from operations: ₹54,035,297 (up from ₹43,106,208)
  • Other income: ₹1,064,560 (up from ₹858,560)
  • Total income: ₹54,141,752 (up from ₹43,192,064)
  • Total expenses: ₹46,886,150 (up from ₹34,176,402)
  • Profit before tax: ₹7,255,602 (down from ₹9,015,662)
  • Total tax expense: ₹2,323,301 (up from ₹2,133,984)
  • Profit after tax: ₹4,932,301 (down from ₹6,881,678)
  • Basic EPS: ₹3.99 (down from ₹6.59)
  • Diluted EPS: ₹3.99 (down from ₹6.59)

Half Year Ended 31 March 2026 (Audited) vs Half Year Ended 30 September 2025 (Unaudited):

  • Revenue from operations: ₹31,749,596 (up from ₹22,285,700)
  • Other income: ₹820,250 (up from ₹244,310)
  • Total income: ₹31,831,621 (up from ₹22,310,131)
  • Total expenses: ₹27,121,632 (up from ₹19,764,517)
  • Profit before tax: ₹4,709,989 (up from ₹2,545,614)
  • Total tax expense: ₹1,630,990 (up from ₹692,311)
  • Profit after tax: ₹3,078,999 (up from ₹1,853,303)
  • Basic EPS: ₹2.49 (up from ₹1.35)
  • Diluted EPS: ₹2.49 (up from ₹1.35)

Cash Flow Statement Analysis

For the year ended 31 March 2026:

  • Net cash flow from operating activities: ₹(125,620,660)
  • Net cash flow from investing activities: ₹(51,824,120)
  • Net cash flow from financing activities: ₹390,647,800
  • Net increase in cash and cash equivalents: ₹213,203,030
  • Cash and cash equivalents at year-end: ₹216,867,380

Significant Financing Activity

The company received ₹447,525,000 from issue of share capital during the year, with issue expenses of ₹51,456,670.

Business Segment Information

The company's business activity falls within a single primary business segment: "Manufacture and distribute modern hearing aids and related accessories." Disclosure requirements as per AS 17 (Operating Segments) are not applicable.

Additional Information

  • There were no investor complaints pending/received during the period
  • There were no exceptional and extra ordinary items for the reporting period
  • The EPS for the half year period is not annualized
  • Figures for previous periods have been regrouped/reclassified where necessary
  • The financial results have been prepared in accordance with Accounting Standards prescribed under Section 133 of the Companies Act, 2013