Financial Results Approval

The Board approved and took on record the Audited Financial Results (Standalone) of the Company for:

  • Half year ended March 31, 2026
  • Financial year ended March 31, 2026

The following documents were enclosed with the filing:

  • Audited Financial Results (Standalone) for the half year and financial year ended March 31, 2026
  • Statement of Assets and Liabilities for the year ended March 31, 2026
  • Statement of Cash Flows for the year ended March 31, 2026
  • Auditor's report on the Audited Financial Results (Standalone) issued by statutory auditors M/s. Khandelwal Jain & Co.
  • Declaration of unmodified opinion on Standalone Financial Results for the year ended March 31, 2026

Key Financial Highlights (Year ended March 31, 2026)

Income Statement (₹ in lakhs):

  • Revenue from Operations: ₹2,766.06
  • Other Income: ₹19.84
  • Total Income: ₹2,785.90
  • Total Expenses: ₹2,625.19
  • Profit before tax: ₹160.71
  • Tax Expense: ₹35.43 (Current Tax: ₹34.26, Deferred Tax: ₹1.17)
  • Profit for the year: ₹125.28
  • Earnings Per Share (Basic & Diluted): ₹4.49

Balance Sheet (as at March 31, 2026, ₹ in lakhs):

  • Paid-up share capital: ₹343.00 (Face Value ₹10 each)
  • Reserves and Surplus: ₹1,355.94
  • Total Assets: ₹1,823.39
  • Cash & Bank Balances: ₹1,223.50
  • Trade Receivables: ₹547.47

Cash Flow Statement (Year ended March 31, 2026, ₹ in lakhs):

  • Net cash from operating activities: ₹(218.99)
  • Net cash from investing activities: ₹138.19
  • Net cash from financing activities: ₹930.78
  • Net increase in cash and cash equivalents: ₹859.98
  • Cash and cash equivalents at year end: ₹1,223.43

Half Yearly Performance (₹ in lakhs)

Half year ended March 31, 2026:

  • Revenue from Operations: ₹1,497.35
  • Other Income: ₹14.08
  • Total Income: ₹1,511.43
  • Profit before tax: ₹39.91
  • Profit for the period: ₹34.85
  • EPS (Basic & Diluted): ₹1.25

Half year ended September 30, 2025:

  • Revenue from Operations: ₹1,268.71
  • Other Income: ₹5.76
  • Total Income: ₹1,274.47
  • Profit before tax: ₹120.80
  • Profit for the period: ₹90.43
  • EPS (Basic & Diluted): ₹3.62

IPO Utilization

The Company completed its Initial Public Offering (IPO) on the BSE SME Platform on December 09, 2025, comprising a fresh issue of 9,30,000 equity shares (Face Value ₹10 each) at a premium of ₹108 per share, aggregating to ₹1,097.40 lakhs.

Utilization of proceeds as at March 31, 2026:

  • Working Capital: ₹504.00 lakhs (fully utilized)
  • Capital expenditure towards purchase of software: ₹290.00 lakhs (fully utilized)
  • General Corporate purposes: ₹155.01 lakhs (fully utilized)
  • Issue related expenses: ₹148.39 lakhs (fully utilized)
  • Total net proceeds utilized: ₹949.01 lakhs
  • Unutilized amount: ₹148.39 lakhs (₹300.00 lakhs invested in Fixed Deposits, balance in current bank account)

Auditor Appointments

1. Secretarial Auditor: Appointed M/s. Sagar Gupta & Associates, Practicing Company Secretaries, as Secretarial Auditor for Financial Year 2025-26 for a period of 5 years.

2. Internal Auditor: Re-appointed M/s M Srivastav & Co, Chartered Accountants (Firm Registration 022790N), as Internal Auditor for Financial Year 2026-27 (April 01, 2026 to March 31, 2027).

Board Composition Changes

1. New Appointment: Mr. Umesh Aggarwal (DIN: 08744857) appointed as Independent Director for a period of five years.

2. Committee Reconstitution: Board committees reconstituted effective May 28, 2026, considering the resignation of Independent director Mr. Mohit Jain and appointment of Mr. Umesh Aggarwal.

Revised Committee Composition:

  • Audit Committee: Mr. Siddharth Gupta (Chairman, Independent Director), Mr. Nikhil Singla (Executive Director), Mr. Umesh Aggarwal (Independent Director)
  • Nomination & Remuneration Committee: Mr. Siddharth Gupta (Chairman, Independent Director), Ms. Deepika Gaur (Independent Director), Ms. Preeti Jain (Independent Director)
  • Stakeholder's Relationship Committee: Mr. Umesh Aggarwal (Chairman, Independent Director), Mr. Anil Kumar Sharma (Executive Director), Ms. Deepika Gaur (Independent Director)

Notes to Financial Results

  • The financial results have been prepared in accordance with Accounting Standards prescribed under section 133 of the Companies Act, 2013
  • The company does not have more than one reportable segment
  • Previous period figures have been re-grouped/re-classified wherever necessary
  • The half year figures are balancing figures between audited full year and audited six month periods