Financial Performance Summary

Quarterly Results (₹ in lakhs):

  • Q4 FY26: Revenue from Operations ₹25, Total Revenue ₹25, Net Loss ₹(968)
  • Q3 FY25: Revenue from Operations ₹11, Total Revenue ₹11, Net Profit ₹9
  • Q4 FY25: Revenue from Operations ₹10, Total Revenue ₹10, Net Loss ₹(112)

Annual Results (₹ in lakhs):

  • FY26: Revenue from Operations ₹58, Total Revenue ₹58, Net Loss ₹(945)
  • FY25: Revenue from Operations ₹41, Total Revenue ₹41, Net Loss ₹(442)

Key Financial Metrics

  • Earnings Per Share (Basic and Diluted):
  • Q4 FY26: (₹48.39)
  • FY26: (₹47.26)
  • Q4 FY25: (₹5.60)
  • FY25: (₹22.12)
  • Paid-up Equity Share Capital: ₹200.00 lakhs (unchanged throughout periods)
  • Other Equity: Negative ₹8,606.00 lakhs (FY26) vs Negative ₹7,660.00 lakhs (FY25)

Significant Expenses

  • Premium on Debenture Redemption written off: ₹988 lakhs in Q4 FY26
  • Employee Benefits Expense: ₹3 lakhs for FY26
  • Other Expenses: ₹12 lakhs for FY26

Balance Sheet Position (as at 31/03/2026)

Assets (₹ in lakhs):

  • Non-Current Assets: ₹2,104
  • Property, Plant & Equipment: ₹124
  • Other Non-Current Assets: ₹1,980
  • Current Assets: ₹449
  • Cash & Cash Equivalents: ₹4
  • Short Term Loans & Advances: ₹445
  • Total Assets: ₹2,552

Liabilities & Equity (₹ in lakhs):

  • Equity: Negative ₹8,406
  • Equity Share Capital: ₹200
  • Other Equity: Negative ₹8,606
  • Non-Current Liabilities: ₹10,934
  • Long Term Borrowings: ₹10,388
  • Long Term Provisions: ₹76
  • Other non-current Liabilities: ₹470
  • Current Liabilities: ₹24
  • Trade Payables: ₹16
  • Other Current Liabilities: ₹8
  • Total Equity and Liabilities: ₹2,552

Cash Flow Statement (FY26)

  • Net Cash from Operating Activities: ₹3 lakhs
  • Cash and Cash Equivalents (opening): ₹1 lakh
  • Cash and Cash Equivalents (closing): ₹4 lakhs

Critical Notes and Disclosures

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 25th May, 2026.

2. The Company has only one operating segment, hence disclosure under IND AS 108 on "Operating Segment" is not applicable.

3. Redemption Date for Secured Non-Convertible Debentures (Series A) of ₹30 crores, together with redemption premium of ₹37.20 crores has been extended to 31st March 2028, with additional redemption premium of ₹26.88 crores.

4. Redemption Date for Secured Non-Convertible Debentures (Series B) of ₹5 crores together with redemption premium of ₹2.00 crores has been extended to 31st March 2028, with additional redemption premium of ₹2.80 crores.

5. There were no investor complaints received during the period.

6. Auditors M/s. M D Pandya & Associates issued an unmodified opinion on the standalone audited financial results.