Board Meeting Details

The Board of Directors meeting was held at the Registered Office on Monday, 25th May, 2026, commencing at 12:00 Noon and concluding at 01:25 P.M.

Agenda Items Approved

1. Standalone Audited Financial Results for the 4th quarter and year ended 31st March, 2026 along with statement of Assets and Liabilities and Cash Flow Statement as recommended by the Audit Committee

2. Auditors Report with unmodified opinion by the Statutory Auditor on Standalone Audited Financial Results

3. Declaration by Managing Director & CEO pursuant to Regulation 33(3)(d) of SEBI LODR Regulations

4. Undertaking of non-applicability of Regulation 32 of SEBI LODR Regulations

5. Details of Outstanding Default on Loans and debt Securities - Not Applicable as no defaults outstanding as on 31-03-2026

6. Format for Disclosure of Related Party Transactions (for half-yearly filings)

7. Statement on impact of audit qualifications - Not applicable

8. Appointment of M/s. Jain N K & Co., Chartered Accountant as Internal Auditor for FY 2026-2027

Financial Results Summary (Standalone, Rs. In Lakhs)

Quarter Ended 31-03-2026 (Audited)

  • Net Sales/Income from operations: ₹16.00
  • Other Income: ₹1.44
  • Total Income: ₹17.44
  • Employee benefits expense: ₹2.88
  • Depreciation and amortisation: ₹0.44
  • Other expenses: ₹2.02
  • Total expenses: ₹5.34
  • Profit before tax: ₹12.10
  • Net Profit after tax: ₹12.10
  • Earnings Per Share (Basic & Diluted): ₹0.23

Year Ended 31-03-2026 (Audited)

  • Net Sales/Income from operations: ₹42.31
  • Other Income: ₹5.72
  • Total Income: ₹48.03
  • Employee benefits expense: ₹10.78
  • Depreciation and amortisation: ₹1.70
  • Other expenses: ₹11.69
  • Total expenses: ₹24.17
  • Profit before tax: ₹23.86
  • Tax expense: ₹6.35 (Current Tax: ₹6.40, Deferred Tax: ₹(0.17), Earlier Years: ₹0.12)
  • Net Profit after tax: ₹17.51
  • Earnings Per Share (Basic & Diluted): ₹0.33

Comparative Figures (Year Ended)

  • FY 2025 Total Income: ₹40.89
  • FY 2025 Net Profit after tax: ₹16.32
  • FY 2025 EPS: ₹0.31

Balance Sheet Position as at 31st March, 2026 (Rs. In Lakhs)

  • Property, plant and equipment: ₹2.58 (Previous: ₹3.69)
  • Investments: ₹386.04 (Previous: ₹386.04)
  • Other Non-current financial assets: ₹471.35 (Previous: ₹471.35)
  • Deferred tax assets: ₹0.60 (Previous: ₹0.43)
  • Trade receivable: ₹30.73 (Previous: ₹13.35)
  • Cash and cash equivalents: ₹20.21 (Previous: ₹20.58)
  • Loans and Advances: ₹56.00 (Previous: ₹56.00)
  • Other current financial assets: ₹111.54 (Previous: ₹105.87)
  • Total Assets: ₹1,102.45 (Previous: ₹1,082.57)
  • Equity Share capital: ₹524.50 (Previous: ₹524.50)
  • Other Equity: ₹574.36 (Previous: ₹556.85)
  • Total Equity: ₹1,098.86 (Previous: ₹1,081.35)
  • Other current liabilities: ₹3.59 (Previous: ₹1.22)

Cash Flow Statement for Year Ended 31st March, 2026 (Rs. In Lakhs)

  • Net Cash Flow from Operating Activities: ₹(5.48) (Previous: ₹25.61)
  • Net Cash Flow from Investing Activities: ₹5.11 (Previous: ₹(16.10))
  • Net Cash Flow from Financing Activities: ₹- (Previous: ₹-)
  • Net decrease in Cash & Cash Equivalents: ₹(0.37) (Previous: ₹9.51 increase)
  • Cash & Cash Equivalents at beginning: ₹20.58 (Previous: ₹11.07)
  • Cash & Cash Equivalents at end: ₹20.21 (Previous: ₹20.58)

Key Appointments

M/s. Jain N K & Co., Chartered Accountant (FRN: 100692) appointed as Internal Auditor for FY 2026-2027 pursuant to Section 138 of Companies Act, 2013.

Regulatory Compliance Confirmations

  • No outstanding defaults on loans and debt securities as on 31-03-2026
  • Regulation 32 of SEBI LODR not applicable as company has not issued any shares by public/rights/preferential issue during Q4
  • SEBI Circular No. SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 dated October 19, 2023 not applicable
  • No qualified borrowings during the financial year

Related Party Transactions (Q4 and Year Ended 31st March, 2026)

Total value of transactions during reporting period: ₹3.59 lakhs, including:

  • Yogesh Lama (MD & CEO): Remuneration ₹0.90 lakhs
  • Shruti Jain (Company Secretary): Remuneration ₹1.26 lakhs
  • Satya Pal Singh Dhama (CFO): Remuneration ₹0.90 lakhs
  • Director sitting fees: ₹0.34 lakhs total
  • Spartan Global Solution Private Limited (Promoter): Investment ₹100.00 lakhs (closing balance ₹95.59 lakhs)

Audit Opinion

Statutory Auditors M/s. Mohindra Arora & Co. (FRN: 006551N) issued unmodified opinion on Annual Audited Standalone Financial Results.

Additional Information

  • Company engaged in Consultancy Services with one reportable segment
  • No subsidiaries/associates/Joint Venture Companies
  • Financial statements prepared in accordance with Indian Accounting Standards (Ind AS)
  • Information available on company website: www.goldencrest.in and stock exchange websites