Board Meeting Details

The Board of Directors meeting was held on Friday, 26th June, 2026, commencing at 11:00 AM and concluding at 4:30 PM.

Financial Results Approval

The Board considered and approved:

  • Audited Standalone Financial Results for half year and financial year ended 31st March, 2026
  • Audited Consolidated Financial Results for half year and financial year ended 31st March, 2026
  • Declaration in respect of Auditors Report with unmodified opinion

Standalone Financial Performance (₹ in Lakhs)

Balance Sheet as at March 31, 2026

  • Total Equity and Liabilities: ₹3,016.63 (Previous year: ₹1,974.52)
  • Shareholders' Funds: ₹2,021.82 (Previous: ₹1,376.88)
  • Share capital: ₹719.57 (unchanged)
  • Reserves and surplus: ₹1,302.24 (Previous: ₹657.30)
  • Current Liabilities: ₹972.15 (Previous: ₹585.32)
  • Trade payables: ₹634.25 (Previous: ₹298.14)
  • Micro and small enterprises dues: ₹212.85 (Previous: ₹131.64)

Statement of Profit and Loss for Year Ended March 31, 2026

  • Total Income: ₹4,667.76 (Previous: Not provided for comparable period)
  • Revenue from operations: ₹4,608.14
  • Other income: ₹59.62
  • Total Expenses: ₹3,821.48
  • Cost of materials consumed: ₹2,127.20
  • Employee benefits expense: ₹417.76
  • Finance costs: ₹17.51
  • Depreciation: ₹58.28
  • Profit Before Tax: ₹846.28
  • Tax Expense: ₹201.34
  • Current tax: ₹222.95
  • Prior year tax: (₹13.08)
  • Deferred tax: (₹8.53)
  • Net Profit for the Year: ₹644.94
  • Earnings Per Share (₹10 face value): ₹8.96

Consolidated Financial Performance (₹ in Lakhs)

Consolidated Balance Sheet as at March 31, 2026

  • Total Equity and Liabilities: ₹3,460.00 (Previous: ₹2,405.29)
  • Shareholders' Funds: ₹2,090.94 (Previous: ₹1,377.32)
  • Share capital: ₹719.57 (unchanged)
  • Reserves and surplus: ₹1,371.36 (Previous: ₹657.74)

Consolidated Statement of Profit and Loss for Year Ended March 31, 2026

  • Total Income: ₹4,672.54
  • Revenue from operations: ₹4,608.14
  • Other income: ₹64.40
  • Total Expenses: ₹3,743.26
  • Profit Before Tax: ₹929.28
  • Tax Expense: ₹215.66
  • Net Profit for the Year: ₹713.62
  • Earnings Per Share (₹10 face value): ₹9.92

Cash Flow Statements

Standalone Cash Flow (₹ in Lakhs)

  • Cash from Operating Activities: ₹230.89
  • Cash used in Investing Activities: (₹211.86)
  • Cash used in Financing Activities: (₹25.38)
  • Net decrease in cash: (₹6.35)
  • Cash equivalents at year-end: ₹114.26

Consolidated Cash Flow (₹ in Lakhs)

  • Cash from Operating Activities: ₹276.15
  • Cash used in Investing Activities: (₹299.52)
  • Cash used in Financing Activities: (₹8.77)
  • Net decrease in cash: (₹32.14)
  • Cash equivalents at year-end: ₹121.45

Emphasis of Matter

Auditors drew attention to the company's listing on BSE SME Platform on 2nd June 2026, subsequent to the reporting period. The opinion was not modified in respect of this matter.

Subsidiary Information

The consolidated results include:

  • Harikanta Overseas Limited (Parent)
  • Harikanta Weaving Private Limited (Subsidiary)