Board Meeting Details
The Board Meeting commenced at 07:30 P.M. and concluded at 08:45 P.M. on 12th August 2026.
Key Approvals and Decisions
The Board of Directors considered and approved the following items:
1. Un-Audited Financial Results: Approved the un-audited financial results along with Limited Review Report for the first quarter ended 30th June 2026, pursuant to Regulation 33 of SEBI LODR (Annexure 1).
2. Annual Report and Director's Report: Approved the Annual Report and Director's Report for the Financial Year 2025-26.
3. 45th Annual General Meeting: Approved notice convening the 45th Annual General Meeting proposed to be held on Friday, 11th September 2026 through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).
4. Closure of Register of Members: The Register of Members and Share transfer books will remain closed from Saturday, 05th September 2026 to Friday, 11th September 2026 (both days inclusive) for the purpose of the 45th AGM.
Financial Results for Quarter Ended 30th June 2026
Income Statement (₹ in Lakhs)
- Revenue From Operations: ₹11,999.77 (vs. ₹10,137.76 in Q1 FY26)
- Other Income: ₹43.34
- Total Income: ₹12,043.11
Expenses (₹ in Lakhs)
- Operating Expenses: ₹9,601.50
- Employee Benefits Expenses: ₹971.53
- Finance Cost: ₹237.79
- Depreciation and Amortization: ₹609.61
- Other Expenses: ₹349.51
- Total Expenses: ₹11,769.94
Profitability (₹ in Lakhs)
- Profit before exceptional items and tax: ₹273.17 (vs. loss of ₹329.84 in Q1 FY26)
- Exceptional items: None
- Profit before tax: ₹273.17
Tax Expenses (₹ in Lakhs)
- Current Tax: ₹55.00
- Deferred Tax: ₹11.90
- Income Tax of Earlier Years: ₹0.02
- Total Tax Expenses: ₹66.92
Net Result (₹ in Lakhs)
- Profit for the period: ₹206.25 (vs. loss of ₹297.79 in Q1 FY26)
- Other Comprehensive Income/(Loss): (₹2.78)
- Total Comprehensive Income: ₹203.47
Earnings Per Share (₹)
- Basic EPS: ₹1.14 (vs. negative ₹1.64 in Q1 FY26)
- Diluted EPS: ₹1.11
Capital Structure
- Paid up Equity Share Capital (Face Value ₹10 each): ₹1,816.84 Lakhs
Notes to Financial Results
1. The results for Q1 FY27 were subjected to limited review by the company's statutory auditor and approved by the Board on 12th August 2026.
2. The company operates in a single business segment, making segment-wise reporting not applicable.
3. Leave Encashment Policy Revision: Effective 1st April 2026, the company revised its leave encashment policy:
- Maximum accumulation of eligible leave revised from 42 days to 30 days
- Basis of computation revised from Gross Salary to Basic Salary
- This resulted in reduction of leave encashment liability and reversal of employee benefit expenses amounting to ₹28.69 Lakh during the quarter
- Impact recognized in accordance with Ind AS 19 - Employee Benefits
4. ESOP Allotment: During the quarter, the company allotted 402,850 equity shares under the Flomic ESOP Scheme 2025, pursuant to BSE Limited approval received on 17th November 2025 (Document Identification No. DSC/ESOP/IP/RG/3900/2025-26). The dilutive impact has been considered in diluted EPS calculation.
5. The figures for quarter ended 31st March 2026 are balancing figures between audited annual figures and previously published unaudited figures.
6. Tax expenses include both Income Tax and Deferred Tax.
7. Previous period figures have been regrouped/rearranged where necessary.
8. The results were reviewed by the Audit Committee and subsequently approved by the Board.
Auditor's Review
Doogar & Associates, Chartered Accountants (Firm Registration No. 000561N), issued a limited review report on the standalone unaudited financial results. Based on their review conducted in accordance with SRE 2410, nothing came to their attention causing them to believe that the statement contains any material misstatement or has not disclosed information as required by Regulation 33 of SEBI LODR.