Board Meeting Details
- Meeting Date: Friday, 29th May, 2026
- Meeting Time: 4:00 PM to 6:30 PM
- Duration: 2 hours 30 minutes
Key Decisions Approved
1. Approval of Financial Results: Pursuant to Regulation 33 of SEBI (Listing Obligation & Disclosure Requirement) Regulations 2015, the Board approved:
- Audited Standalone financial results for quarter and year ended 31st March, 2026
- Audited Consolidated financial results for quarter and year ended 31st March, 2026
- Auditors' Report with unmodified opinion received from statutory auditors Bhatter & Company, Chartered Accountants (FRN 131092W)
2. Appointment of Internal Auditor: Approved appointment of M/s. Bharat Gupta & Co. as Internal Auditor for financial year 2026-2027.
Internal Auditor Details (M/s. Bharat Gupta & Co.)
- Constitution: Proprietorship Firm
- Establishment Date: 01/05/2010
- Head Office: 12, First Floor, Garden City, Next to Deepak Hospital, Jndralok, Bhayander (E), Thane-401105
- ICAI Registration No: 131010W
- Proprietor Contact: Bharat Gupta (Mobile: 7718886565)
- Empanelment Details: CC & RCS Grade A1 (Empanelment No. 1014621), RBI Grade MEF 43479
Financial Highlights (Standalone - Year Ended 31st March 2026)
- Total Income: ₹3,173.907 lakhs (Previous year: ₹3,520.604 lakhs)
- Profit Before Tax: ₹370.310 lakhs (Previous year: ₹5,751.808 lakhs)
- Tax Expense: Current tax ₹95.823 lakhs, Deferred tax (₹1.550 lakhs)
- Net Profit After Tax: ₹276.037 lakhs (Previous year: ₹5,609.671 lakhs)
- Basic and Diluted EPS: ₹1.345 (Previous year: ₹34.495)
- Paid-up Equity Share Capital: ₹2,051.926 lakhs (Face Value ₹10 per share)
Cash Flow Statement (Standalone - Year Ended 31st March 2026)
- Net Cash Flow from Operating Activities: (₹3,113.6 lakhs)
- Net Cash Flow Used in Investing Activities: (₹543.5 lakhs)
- Net Cash Flow from Financing Activities: ₹1,643.2 lakhs
- Net Decrease in Cash: (₹2,013.84 lakhs)
- Cash at Beginning: ₹2,196.66 lakhs
- Cash at End: ₹182.8 lakhs
Balance Sheet Position (Standalone - As at 31st March 2026)
- Total Assets: ₹39,565.8 lakhs (Previous year: ₹37,457.1 lakhs)
- Equity Share Capital: ₹2,821.6 lakhs (Previous year: ₹2,623.7 lakhs)
- Other Equity: ₹34,550.5 lakhs (Previous year: ₹32,383.5 lakhs)
- Total Equity: ₹37,372.1 lakhs (Previous year: ₹35,007.1 lakhs)
- Total Liabilities: ₹2,193.7 lakhs (Previous year: ₹2,450.0 lakhs)
Consolidated Financial Information
- Includes subsidiary: Green First Estate Private Limited (wholly owned)
- Subsidiary financials: Total revenue ₹3.70 lakhs, Net loss ₹3.52 lakhs for year ended 31 March 2026
- Statutory auditors issued unmodified opinion on consolidated financial statements
Auditor Confirmation
Bhatter & Company, Chartered Accountants confirmed:
- Financial results prepared in accordance with SEBI Listing Regulations
- True and fair view in conformity with applicable accounting standards
- Audit conducted in accordance with Standards on Auditing
Additional Information
- Financial results prepared in accordance with Indian Accounting Standards (IND AS)
- Company complied with IND AS 109 regarding Expected Credit Loss provisions
- Results available on company website: www.hbgindia.com