Key Quantitative Figures - Financial Results (Quarter ended 30th September 2026)

The Board considered and approved the unaudited standalone financial results for the quarter and half-year ended 30th September 2026:

  • Quarter Ended 30-09-2026 (Unaudited):
  • Total Revenue: ₹0.29 lakh
  • Total Expenses: ₹3.03 lakh
  • Loss Before Tax: ₹(2.75) lakh
  • Total Tax Expense: ₹(0.00) lakh
  • Net Loss After Tax: ₹(2.75) lakh
  • Basic & Diluted Loss Per Share: ₹(0.07)
  • Half Year Ended 30-09-2026 (Unaudited):
  • Total Revenue: ₹1.35 lakh
  • Total Expenses: ₹9.26 lakh
  • Loss Before Tax: ₹(7.91) lakh
  • Total Tax Expense: ₹(0.00) lakh
  • Net Loss After Tax: ₹(7.91) lakh
  • Basic & Diluted Loss Per Share: ₹(0.21)
  • Comparative Figures (Audited for Year Ended 31-03-2026):
  • Total Revenue: ₹23.98 lakh
  • Total Expenses: ₹37.39 lakh
  • Loss Before Tax: ₹(13.41) lakh
  • Total Tax Expense: ₹0.14 lakh
  • Net Loss After Tax: ₹(13.55) lakh
  • Basic & Diluted Loss Per Share: ₹(0.36)

Capital Structure

  • Paid-Up Equity Share Capital: ₹382.16 lakh (consistent across all periods presented)
  • Face Value per Equity Share: ₹10.00
  • Other Equity (Reserves Excluding Revaluation): ₹(26.39) lakh as of 30-09-2026

Balance Sheet Highlights (As at 30 September 2026)

  • Total Assets: ₹472.21 lakh
  • Non-Current Assets: ₹139.72 lakh (including Property, Plant and Equipment: ₹9.01 lakh; Other Non-Current Assets: ₹130.71 lakh)
  • Current Assets: ₹332.49 lakh (including Trade Receivables: ₹3.03 lakh; Cash and Cash Equivalents: ₹0.10 lakh; Other Current Assets: ₹329.36 lakh)
  • Total Equity and Liabilities: ₹472.21 lakh
  • Equity: ₹355.77 lakh
  • Non-Current Liabilities: ₹5.22 lakh
  • Current Liabilities: ₹111.22 lakh

Auditor's Review Report & Qualification

The Independent Auditor (P Pattabiramen & Co) issued a qualified conclusion on the review. The qualification pertains to a balance of ₹1,09,96,636 (₹109.97 lakh) under Loans & Advances, classified as 'Electricity Subsidy receivable pending for a long period.' The auditors stated that in the absence of adequate information regarding its present status, they are unable to ascertain the recoverability of this balance.

Management Clarification on Audit Qualification

  • The qualification is repetitive, continuing since March 2022.
  • The impact is not quantified by the auditor.
  • Management's View: They are in the process of recovering the electricity subsidy and hence consider it recoverable. The company shall take appropriate steps to recover the same.
  • Auditor's Comment on Management's View: The auditors reiterated their inability to ascertain recoverability due to the absence of adequate information on its present status.

Other Regulatory Disclosures

  • Statement on IPO Proceeds: The company submitted a confirmation under Regulation 32 stating there has been no deviation or variation in the use of proceeds from its Initial Public Offer (IPO), and they have been utilized as stated in the prospectus.
  • Publication of Results: The financial results will be published in newspapers pursuant to Regulation 47 and are available on the company's website www.elangoindustries.com.
  • Meeting Details: The board meeting commenced at 3:30 PM and concluded at 5:00 PM on 13th November 2026.

Additional Notes from Financial Statements

  • The company has only one segment.
  • Revenue is recognized upon completion of services related to Operation & Maintenance, Marketing, and Trading activities.
  • The financial statements are prepared on a going concern basis.
  • As of 30.09.2026, 16,60,450 shares of public shareholders were held in physical mode.
  • The company has 3 employees. The impact of new Labour Codes on gratuity obligations is assessed as not material.