Key Financial Figures

Financial Performance (₹ in lakhs):

  • Total Income: ₹2785.90 (FY26) vs ₹2817.95 (FY25)
  • Net Sales/Income from Operations: ₹2766.06 (FY26) vs ₹2812.36 (FY25)
  • Total Expenses: ₹2625.19 (FY26) vs ₹2538.14 (FY25)
  • Profit After Tax: ₹125.28 (FY26) vs ₹192.80 (FY25)
  • Earnings Per Share (Basic): ₹4.49 (FY26) vs ₹7.91 (FY25)
  • Earnings Per Share (Diluted): ₹4.49 (FY26) vs ₹7.91 (FY25)

Balance Sheet Position (as of March 31, 2026):

  • Share Capital: ₹343.00 lakhs (34,30,000 equity shares of ₹10 each)
  • Reserves & Surplus: ₹1355.94 lakhs
  • Cash & Bank Balances: ₹1223.50 lakhs
  • Trade Receivables: ₹547.47 lakhs
  • Total Assets: ₹1823.39 lakhs

Capital Structure Changes

  • IPO Completion: Company completed SME IPO on BSE on December 9, 2025
  • Fresh Issue: 9,30,000 equity shares of ₹10 each at premium of ₹108 per share
  • Total Proceeds: ₹1097.40 lakhs
  • IPO Expenses: ₹148.39 lakhs adjusted against securities premium account
  • Share Capital Increase: From 25,00,000 shares (FY25) to 34,30,000 shares (FY26)

AGM Details

Date: September 18, 2026

Time: 11:30 AM

Venue: Registered Office at WA 89, Third Floor, Shakarpur, East Delhi, India-110092

AGM Resolutions

Ordinary Business:

1. Adoption of audited financial statements for FY26

2. Re-appointment of Mr. Hitesh Kumar Singla (DIN: 03287159) as Director

3. Re-appointment of Mr. Nikhil Singla (DIN: 05346302) as Director

4. Ratification of M/s Khandelwal Jain & Co. as Statutory Auditors for FY26-27

Special Business:

5. Regularization of Mr. Umesh Aggarwal (DIN: 08744857) as Independent Director

6. Approval of aggregate managerial remuneration payable to directors for FY26-27

7. Approval for related party transactions up to ₹5,00,00,000 per financial year

Director Details

Managing Director: Mr. Hitesh Kumar Singla (DIN: 03287159) - holds 13,78,500 shares (40.19%)

Director & CFO: Mr. Nikhil Singla (DIN: 05346302) - holds 3,42,000 shares (9.97%)

New Appointment: Mr. Umesh Aggarwal (DIN: 08744857) appointed as Independent Director on May 28, 2026

Managerial Remuneration

Approval sought for remuneration to:

  • Mr. Hitesh Kumar Singla (Managing Director)
  • Mr. Nikhil Singla (Director)
  • Mr. Nitin Dixit (Director)
  • Mr. Anil Kumar Sharma (Director)

Disclosed remuneration in Annexure B:

  • Mr. Hitesh Kumar Singla: ₹18 lakhs for FY26
  • Mr. Nikhil Singla: ₹15 lakhs for FY26
  • Mr. Nitin Dixit: ₹15 lakhs for FY26
  • Mr. Anil Kumar Sharma: ₹15 lakhs for FY26

Related Party Transactions

  • Approval Limit: ₹5,00,00,000 per financial year
  • Nature: Ordinary course of business, arm's length basis
  • Disclosed Transactions: Include rent payments to directors' relatives and sales to related parties

Foreign Exchange Details

  • Earnings in Foreign Exchange: ₹10.31 lakhs (FY26)
  • Expenditure in Foreign Currency: ₹109.81 lakhs (FY26)

Dividend

No dividend recommended for FY26 due to development plans

Auditor Opinion

  • Unmodified audit opinion
  • No fraud reported under section 143(12) of Companies Act, 2013
  • No qualifications, reservations or adverse remarks

Corporate Governance

  • Company held 20 Board meetings during FY26
  • All applicable secretarial standards complied with
  • Adequate internal financial controls in place
  • Whistle Blower Policy implemented

Risk Factors

Disclosed in Management Discussion & Analysis:

  • Economic risk affecting consumer spending
  • Competition risk from traditional and online travel platforms
  • Operational risk dependent on service partners
  • Regulatory risk from changing government policies

IPO Fund Utilization (as of March 31, 2026)

  • Total Raised: ₹1097.40 lakhs
  • Issue Expenses: ₹148.39 lakhs utilized
  • Unutilized Amount: ₹949.01 lakhs
  • Planned Utilization: Working capital (₹504 lakhs), software purchase (₹290 lakhs), general corporate purposes (₹155.01 lakhs)

Key Ratios

  • Current Ratio: 14.94 times (FY26) vs 4.21 times (FY25)
  • Debt-Equity Ratio: 0 (FY26) vs 0.01 times (FY25)
  • Return on Equity: 11% (FY26) vs 46% (FY25)
  • Trade Receivables Turnover: 6.50 times (FY26) vs 8.34 times (FY25)
  • Net Profit Ratio: 5% (FY26) vs 7% (FY25)

Contingent Liabilities

No material contingent liabilities reported as of March 31, 2026

Subsequent Events

No material events after reporting date requiring adjustment to financial statements