Key Quantitative Figures (Rs. in Lakhs)

Financial Results for Periods Ended:

Income Statement Highlights:

  • Year Ended 31.03.2026 (Audited): Total Income: ₹8,386.84; Net Profit/(Loss) for the period: ₹4.70; EPS: ₹0.03 (not annualized).
  • Year Ended 31.03.2025 (Audited): Total Income: ₹9,496.38; Net Profit/(Loss) for the period: ₹9.72; EPS: ₹0.06.
  • Half Year Ended 31.03.2026 (Audited): Total Income: ₹4,680.66; Net Profit/(Loss) for the period: ₹34.68; EPS: ₹0.21 (not annualized).
  • Half Year Ended 30.09.2025 (Unaudited): Total Income: ₹3,706.18; Net Profit/(Loss) for the period: (₹29.99); EPS: (₹0.18) (not annualized).

Balance Sheet as at 31.03.2026 (Audited):

  • Share Capital: ₹1,675.00
  • Reserves & Surplus: ₹240.89
  • Total Equity and Liabilities: ₹3,989.77
  • Total Assets: ₹3,989.77
  • Inventories: ₹1,335.72
  • Trade Receivables: ₹509.59
  • Cash & Cash Equivalents: ₹124.55
  • Short-Term Borrowings: ₹1,134.89
  • Trade Payables: ₹576.23

Cash Flow for Year Ended 31.03.2026 (Audited):

  • Net Cash from Operating Activities: ₹363.19
  • Net Cash used in Investing Activities: (₹619.82)
  • Net Cash from Financing Activities: ₹106.75
  • Net Increase in Cash and Equivalents: ₹106.75

Dates of Action

  • Board Meeting Date: 29th May 2026 (commenced at 05:00 PM, concluded at 06:00 PM).
  • Period End Date for Results: 31st March 2026.
  • Auditor's Report Date: 29th May 2026.
  • Trading Window Opening: Will open after 48 hours from the results announcement (29th May 2026).
  • Secretarial Auditor Appointment Date: 29th May 2026.

Parties Involved

  • Stock Exchange: BSE Limited (SME Platform).
  • Statutory Auditor: RPC & Co, Chartered Accountants, Rajkot (FRN: 127123W).
  • Newly Appointed Secretarial Auditor: Monika V. Tyagi & Associates, Practicing Company Secretaries.
  • Designated Company Official: Mr. Maganbhai Parvadiya, Chairman & Whole-time Director (DIN: 03190749).

Purpose / Rationale

The board meeting was convened to review and approve the annual audited financial statements and to appoint necessary auditors in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial & Operational Impact (Explicitly Disclosed)

The financial impact is fully quantified in the audited financial results statement. The auditor's report contains an 'Emphasis of Matter' paragraph stating that any adjustment to the value of inventories or debtor/creditor balances, which were not independently verified, may affect the reported profit and net assets.

Capital Structure Impact

No change in paid-up equity share capital was reported; it remained constant at ₹1,675.00 lakhs as of 31.03.2025 and 31.03.2026.

Cash Flow Implications

Cash flow implications are detailed in the cash flow statement, showing an operational cash inflow of ₹363.19 lakhs, a significant investing outflow of ₹619.82 lakhs, and a financing inflow of ₹106.75 lakhs, leading to a net increase in cash.

Forward-Looking Guidance

No explicit forward-looking guidance or management commentary was provided in the disclosure.

Other Material Disclosures

  • The company operates in a single business segment: Textiles (manufacturing cotton yarn & other yarn).
  • The company is exempt from adopting IND AS as its shares are listed on the SME Exchange.
  • The statutory auditor, RPC & Co, issued an unmodified opinion on the financial results.
  • A declaration confirming the unmodified audit opinion was submitted to BSE as per Regulation 33(3)(d).