Financial Performance
Standalone (FY 2025-26 vs. FY 2024-25):
- Revenue from Operations: ₹416.77 Lakhs (Prev. ₹19.26 Lakhs)
- Profit/(Loss) for the period: ₹579.47 Lakhs (Prev. (₹3.87) Lakhs)
- EPS: ₹0.80 (Prev. (₹0.03))
Consolidated (FY 2025-26 vs. FY 2024-25):
- Revenue from Operations: ₹424.27 Lakhs (Prev. ₹22.32 Lakhs)
- Profit Before Tax: ₹536.42 Lakhs (Prev. (₹3.67) Lakhs)
- Net Profit Attributable to Owners: ₹458.69 Lakhs (Prev. (₹3.67) Lakhs)
- EPS: ₹3.59 (Prev. (₹0.02))
Financial Position (Consolidated as of March 31, 2026)
- Total Assets: ₹30,000.42 Lakhs
- Property, Plant & Equipment: ₹2,770.55 Lakhs (net block)
- Investments: ₹9,641.44 Lakhs (including ₹6,512.99 Lakhs in unquoted equity)
- Loans: ₹11,653.83 Lakhs (non-current)
- Total Equity: ₹21,058.47 Lakhs
- Net Worth: ₹17,758.74 Lakhs
- Non-Current Borrowings: ₹4,119.29 Lakhs
Scheme of Arrangement
The Hon'ble NCLT, Allahabad Bench approved a comprehensive Scheme of Arrangement involving:
- Demerger of Strategic Investment Division from Genus Power Infrastructures Ltd
- Amalgamation of Star Vanijya Private Limited, Sunima Trading Private Limited, Sansar Infrastructure Private Limited and Yajur Commodities Limited
Effective Dates: April 24, 2025 (demerger and initial mergers), June 7, 2025 (Yajur Commodities merger)
Structural Changes:
- Ceased Subsidiaries: Sansar Infra, Star Vanijya, Sunima Trading
- New Subsidiaries: Ganpati Global Pvt. Ltd., Maple Natural Resources Pte. Ltd. (Singapore), PT Maple Natural Resource (Indonesia), Gulf Gaur Gum Company LLC SFZ (80%)
- New Associates: M.K.J. Manufacturing Pvt. Ltd. (50%), Greentech Mega Food Park Ltd. (26%), J C Textiles Pvt. Ltd. (36.32%)
Pending Allotment: Equity share capital of ₹1,261.01 Lakhs and preference share capital of ₹2,288.00 Lakhs (total ₹3,549.02 Lakhs) pending completion of legal/regulatory formalities.
Annual General Meeting
The 26th AGM is convened on September 24, 2026, via VC/OAVM to seek shareholder approval for:
- Adoption of financial statements
- Re-appointment of directors and CEO (Amit Agarwal from August 15, 2026 to August 14, 2031)
- Borrowing limits up to ₹100 Crore under Section 180(1)(c)
- Charge creation on assets for borrowings up to ₹100 Crore
- Loans/guarantees/investments up to ₹250 Crore aggregate limit under Section 186(2)
Book closure: September 18-24, 2026; E-voting: September 21-23, 2026.
Auditors' Report
Statutory Auditors (M/s. Jethani & Associates) issued an unmodified opinion but emphasized:
1. Impact of the Scheme of Arrangement with pending share issuance
2. Presentation of ₹100 Lakhs preference shares (due for redemption) under 'Other Financial Liabilities'
Secretarial Audit Report confirmed adherence to applicable laws with no qualifications.
Management Commentary & Outlook
Management is optimistic about India's infrastructure and real estate sector growth, driven by government initiatives. The company expects to minimize losses through continued strategic planning while acknowledging exposure to economic, regulatory, and geopolitical risks.
No dividend was recommended for FY 2025-26.