Financial Results Summary

The Board of Directors considered and approved the Standalone Audited Financial Statements for the quarter/year ended 31st March 2026:

Quarterly Performance (Q4 FY26)

  • Revenue from operations: ₹127.10 lakhs (vs. ₹70.05 lakhs in Q4 FY25, +81% YoY)
  • Total Income: ₹127.10 lakhs
  • Total Profit before tax: ₹6.40 lakhs (vs. ₹2.13 lakhs in Q4 FY25)
  • Tax expense: ₹2.88 lakhs
  • Net Profit for the period: ₹3.52 lakhs (vs. ₹0.70 lakhs in Q4 FY25)
  • Basic EPS: ₹0.11 (vs. ₹0.03 in Q4 FY25)

Annual Performance (FY26)

  • Revenue from operations: ₹427.13 lakhs (vs. ₹375.12 lakhs in FY25)
  • Other Income: ₹0.23 lakhs
  • Total Income: ₹427.36 lakhs
  • Total Profit before tax: ₹16.42 lakhs (vs. ₹10.74 lakhs in FY25)
  • Tax expense: ₹5.40 lakhs
  • Net Profit for the year: ₹11.02 lakhs (vs. ₹7.14 lakhs in FY25)
  • Basic EPS: ₹0.36 (vs. ₹0.24 in FY25)

Balance Sheet Highlights (as of 31st March 2026)

  • Total Assets: ₹472.81 lakhs (vs. ₹411.55 lakhs previous year)
  • Equity Share Capital: ₹303.48 lakhs (unchanged)
  • Other Equity: ₹71.84 lakhs (vs. ₹60.91 lakhs)
  • Total Equity: ₹375.32 lakhs
  • Non-current borrowings: ₹9.67 lakhs
  • Current borrowings: ₹7.22 lakhs
  • Current tax liabilities: ₹4.36 lakhs

Cash Flow Statement (FY26)

  • Net cash generated from operating activities: ₹7,99,580
  • Net cash used in investing activities: ₹(18,04,175)
  • Net cash used in financing activities: ₹10,29,207
  • Net increase in cash and cash equivalents: ₹24,612
  • Cash and cash equivalents at year-end: ₹78,978

Auditor Appointments

1. Secretarial Auditor: Appointed M/s JC & Associates, Practicing Company Secretary (Certificate of Practice No.: 12162) as Secretarial Auditor under Section 204 of Companies Act, 2013 for FY2026-27. The firm has expertise in company law, ROC filings, board meetings, SEBI compliance, and NCLT petitions.

2. Internal Auditor: Appointed Mrs. Sujata Hodge as Internal Auditor for FY2026-27 under Section 138 of Companies Act, 2013. She holds a Master's degree in Commerce and has been Internal Auditor at Gratex since 2019, also serving as Assistant Accounts Manager at Marshalls Enterprise India Private Limited for seventeen years.

Audit Opinion

M/s. Harshal Doshi & Associates, Chartered Accountants (Firm Registration No.: 145606W), the Statutory Auditors, issued an Audit Report with unmodified opinion on the Standalone Audited Financial Results for the quarter and financial year ended 31st March, 2026. A separate declaration was filed under Regulation 33(3)(d) confirming the unmodified opinion.

Meeting Details

The Board Meeting commenced at 01:30 p.m. and concluded at 04:40 p.m. on 26th May, 2026.

Large Corporate Disclosure

As per SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, the company provided:

  • Outstanding long-term borrowings at start of FY: ₹0.05 crore
  • Incremental borrowing during year: ₹0.00 crore
  • Outstanding long-term borrowings at end of FY: ₹0.17 crore
  • Highest Credit rating: Not Applicable
  • Borrowings by debt securities: ₹0.00 crore

Additional Information

  • The company is engaged primarily in wallpaper & furnishing products with no separate reportable segments
  • Financial results prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015
  • Figures for previous periods regrouped for comparability
  • Q4 figures are balancing figures between audited full year and published YTD figures up to Q3