Summary of Key Information:

Reporting Period (Quarter/Year): Quarter 4 and Full Year ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Audited Financial Results

Audit Opinion:

Unmodified Opinion (clean opinion) expressed by statutory auditor M. N. Manvar & Co., Chartered Accountants

Key Financial Highlights [Rs. in Lakhs]:

Standalone Results - Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹1072.68 lakh (compared to ₹1153.22 lakh in Q4 FY25, showing decline)
  • Other Income: ₹2.55 lakh (compared to negative ₹42.52 lakh in Q4 FY25)
  • Total Expenses: ₹1145.62 lakh
  • Loss before exceptional items and tax: ₹(70.39) lakh
  • Exceptional Items: ₹(1.42) lakh
  • Loss before tax: ₹(68.98) lakh
  • Tax Expense: ₹(22.70) lakh (deferred tax)
  • Net Loss for the period: ₹(46.27) lakh
  • Other Comprehensive Income: ₹(3.18) lakh
  • Total Comprehensive Income: ₹(49.46) lakh
  • Basic EPS: ₹(0.03) per share
  • Diluted EPS: ₹(0.03) per share

Standalone Results - Full Year Ended March 31, 2026:

  • Revenue from Operations: ₹3561.64 lakh (compared to ₹4321.94 lakh in FY25, showing decline)
  • Other Income: ₹17.14 lakh (compared to ₹2292 lakh in FY25)
  • Total Expenses: ₹3984.21 lakh
  • Loss before exceptional items and tax: ₹(405.43) lakh
  • Exceptional Items: ₹44.99 lakh
  • Loss before tax: ₹(368.37) lakh
  • Tax Expense: ₹(2.98) lakh (deferred tax)
  • Net Loss for the period: ₹(365.38) lakh
  • Other Comprehensive Income: ₹(3.18) lakh
  • Total Comprehensive Income: ₹(368.56) lakh
  • Basic EPS: ₹(0.27) per share
  • Diluted EPS: ₹(0.27) per share

Balance Sheet Position as at March 31, 2026:

  • Equity Share Capital: ₹1348.02 lakh (face value ₹1 per share)
  • Other Equity: ₹1502.34 lakh (reduced from ₹1870.91 lakh in previous year)
  • Total Equity: ₹2850.36 lakh
  • Non-current Borrowings: ₹838.72 lakh
  • Current Borrowings: ₹1171.91 lakh
  • Total Debt: ₹2010.63 lakh
  • Cash and Cash Equivalents: ₹12.38 lakh
  • Total Assets: ₹6049.14 lakh

Cash Flow Statement for FY26:

  • Net Cash flow from Operating Activities: ₹35.95 lakh
  • Net Cash flow Used in Investing Activities: ₹(315.25) lakh
  • Net Cash flow from Financing Activities: ₹259.30 lakh
  • Net Decrease in Cash and Cash Equivalents: ₹(20.00) lakh
  • Closing Cash Balance: ₹12.38 lakh

Segment-wise Performance:

The Company is engaged in manufacturing of closed die forged products and operates in a single business segment. Segment reporting is not applicable as per Ind AS 108 - Operating Segments.

Significant Customer Disclosure:

Revenue from Star Techno Mech P Ltd exceeded 10% of the Company's total revenue during the period under review.

Corporate Actions:

Not Specified

Other Significant Information:

  • The financial results have been reviewed by the Audit Committee and approved by the Board of Directors
  • Company Secretary & Compliance Officer: Drashti Vaghasiya (Membership No. A58976)
  • Chairman & Managing Director: Hiralal Tilva (DIN: 00022539)
  • Statutory Auditor: M. N. Manvar & Co., Chartered Accountants (FRN: 106047W)