Goyal Associates Limited submitted its audited standalone financial results for the quarter and year ended March 31, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors meeting was held on June 1, 2026, commencing at 20:00 and concluding at 22:10. The board approved:

1. Standalone Audited Financial Results for the Quarter and Year ended March 31, 2026

2. Statement of Assets and Liabilities for the year ended March 31, 2026

3. Cash Flow Statement for the year ended March 31, 2026

4. Independent Audit Report by Statutory Auditors on the financial results

5. Declaration on Auditor's Report with unmodified opinion signed by Mr. Vuppala Nagamaleshwara, Chairman and Director

Financial Performance (Year Ended March 31, 2026)

  • Total Revenue: ₹12.95 million
  • Total Expenses: ₹15.92 million
  • Profit/(Loss) Before Tax: (₹2.97) million loss
  • Tax Expense: ₹0.25 million
  • Profit/(Loss) for the Year: (₹2.72) million net loss
  • Earnings Per Share (Basic): (₹0.05)
  • Earnings Per Share (Diluted): (₹0.05)

Balance Sheet Position (As at March 31, 2026)

  • Total Assets: ₹84.99 million (Previous year: ₹84.77 million)
  • Financial Assets: ₹0.26 million (Previous: ₹1.44 million)
  • Cash and cash equivalents: ₹0.01 million (Previous: ₹1.57 million)
  • Trade Receivables: ₹80.74 million (Previous: ₹77.29 million)
  • Loans: ₹2.46 million (Previous: ₹2.47 million)
  • Non-financial Assets: ₹84.73 million
  • Inventories: ₹0.28 million (Previous: ₹0.44 million)
  • Property, Plant and Equipment: ₹0.86 million (Previous: ₹1.43 million)
  • Intangible Assets: ₹0.38 million (Previous: ₹0.13 million)
  • Deferred tax Assets (Net): Not quantified in disclosure

Liabilities and Equity

  • Total Liabilities and Equity: ₹84.99 million
  • Financial Liabilities:
  • Trade Payables: ₹12.20 million (₹1.68 million to micro/small enterprises, ₹10.52 million to others)
  • Deposits: ₹12.07 million (Previous: ₹9.55 million)
  • Non-Financial Liabilities: ₹2.70 million
  • Current tax liabilities (Net): ₹2.19 million (Previous: ₹2.92 million)
  • Provisions: ₹0.51 million (Previous: ₹0.31 million)
  • Equity: ₹52.94 million
  • Equity Share capital: ₹52.94 million
  • Other Equity: (₹0.54) million (Previous: ₹2.10 million)

Cash Flow Statement (Year Ended March 31, 2026)

  • Net Cash Flow from Operating Activities: (₹2.26) million
  • Net Cash Flow from Investing Activities: Not quantified (disclosure shows symbol only)
  • Net Cash Flow from Financing Activities: ₹1.07 million
  • Net Decrease in Cash & Cash Equivalents: (₹1.19) million
  • Opening Cash & Cash Equivalents: ₹1.45 million
  • Closing Cash & Cash Equivalents: ₹0.26 million
  • Cash: ₹0.03 million
  • Bank Balance (Current Account): ₹0.23 million

Additional Notes

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on June 1, 2026.

2. There were no changes in the Accounting Policies of the company.

3. Previous year figures have been regrouped/rearranged where necessary.

4. The Statutory Auditors, RSRV & Associates (FRN: 115691W), carried out a limited review of the Financial Results for the quarter ended March 31, 2026, as required by Regulation 33 of SEBI LODR.

5. The auditors issued an unmodified opinion, stating the financial results give a true and fair view in conformity with Indian Accounting Standards (Ind AS).