Key Decisions and Approvals
The Board of Directors meeting held on Saturday, May 23, 2026, from 02:00 PM to 07:00 PM at the company's registered office approved:
1. Audited Standalone & Consolidated Financial Results for the half year and year ended March 31, 2026, as reviewed and recommended by the Audit Committee
Documents Submitted
- Standalone Audited Financial Results for half year and year ended March 31, 2026 with auditor's report
- Consolidated Audited Financial Results for half year and year ended March 31, 2026 with auditor's report
- Declaration of unmodified opinion of the auditor
- Auditor's Certificate on utilization of IPO Proceeds
Trading Window Closure
Pursuant to BSE Circular No. LIST/COMP/0112019-20 dated April 02, 2019 and NSE Circular No. NSE/CML/2019/11 dated April 02, 2019, and in compliance with SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018, the trading window was closed from April 1, 2026, and remained closed until 48 hours after the declaration of financial results.
Financial Results Highlights
Standalone Financial Performance (All figures in ₹ lakhs)
For Year Ended March 31, 2026:
- Revenue from Operations: ₹11,220.56
- Other Income: ₹37.65
- Total Revenue: ₹11,258.21
- Total Expenses: ₹10,127.47
- Profit Before Tax: ₹1,112.76
- Tax Expenses: ₹305.07 (Current Tax: ₹271.57, Deferred Tax: ₹33.50)
- Profit from Continuing Operations: ₹807.69
- Paid-up Equity Share Capital: ₹1,357.54 (Face Value ₹10 each)
- Reserves: ₹4,271.22
- Basic EPS: ₹6.06
- Diluted EPS: ₹6.06
For Half Year Ended March 31, 2026:
- Revenue from Operations: ₹7,328.74
- Other Income: ₹25.52
- Total Revenue: ₹7,354.26
- Profit Before Tax: ₹856.98
- Profit from Continuing Operations: ₹551.90
- Basic EPS: ₹4.07
- Diluted EPS: ₹4.07
Consolidated Financial Performance (All figures in ₹ lakhs)
For Year Ended March 31, 2026:
- Revenue from Operations: ₹11,519.65
- Other Income: ₹38.73
- Total Revenue: ₹11,558.38
- Total Expenses: ₹10,424.12
- Profit Before Tax: ₹1,116.27
- Tax Expenses: ₹305.19 (Current Tax: ₹271.69, Deferred Tax: ₹33.50)
- Profit from Continuing Operations: ₹811.08
- Basic EPS: ₹6.06
- Diluted EPS: ₹6.06
For Half Year Ended March 31, 2026:
- Revenue from Operations: ₹7,460.82
- Other Income: ₹26.37
- Total Revenue: ₹7,487.18
- Profit Before Tax: ₹874.17
- Profit from Continuing Operations: ₹569.09
- Basic EPS: ₹4.30
- Diluted EPS: ₹4.30
Balance Sheet Position (Standalone as at March 31, 2026)
- Total Assets: ₹11,605.83 lakhs
- Non-Current Assets: ₹2,670.42 lakhs (Property, Plant and Equipment)
- Current Assets: ₹3,321.76 lakhs (Inventories)
- Trade Receivables: ₹4,177.42 lakhs
- Cash and Cash Equivalents: ₹5.01 lakhs
- Total Liabilities: ₹11,605.83 lakhs
- Reserves and Surplus: ₹4,271.22 lakhs
- Share Application Money: ₹1,362.25 lakhs
- Non-Current Liabilities: ₹119.37 lakhs
- Current Liabilities: ₹2,494.26 lakhs
Cash Flow Statement (Standalone for Year Ended March 31, 2026)
- Cash from Operating Activities: ₹587.40 lakhs
- Cash used in Investing Activities: ₹(375.25) lakhs
- Cash used in Financing Activities: ₹(207.58) lakhs
- Net increase in cash: ₹4.56 lakhs
- Cash at end of period: ₹5.01 lakhs
IPO Details and Utilization
- Company completed Initial Public Offer of 36,00,000 equity shares of face value ₹10 each at issue price of ₹71 per share
- Total IPO proceeds: ₹2,916.00 lakhs
- Listing date on BSE SME Platform: January 13, 2026
Utilization of IPO Proceeds as on March 31, 2026:
| Purpose | Allocated Amount (₹ lakhs) | Utilized Amount (₹ lakhs) | Unutilized Amount (₹ lakhs) |
| Working Capital Requirement | 2,211.00 | 2,211.00 | - |
| General Corporate Purpose | 299.72 | 299.72 | - |
| Capital Expenditure for plant and machinery | 105.67 | - | 105.67 |
| Public Issue Expenses | 299.61 | 298.67 | 0.94 |
Subsidiary Information
Consolidated results include:
- Gabion Technologies Nepal Private Limited (75% ownership)
- Gabion Technologies BD Limited (99.995% ownership)
Additional Notes
- This is the company's first financial results since listing on BSE SME on January 13, 2026
- Company operates in single segment: manufacturing steel wire mesh Gabions and providing services in Geo-systems, Geotechnical Engineering and Ground Improvement Techniques
- Previous year figures have been regrouped/reclassified for comparison