Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended 31st March, 2026 and Year ended 31st March, 2026

Nature of Filing / Announcement: Outcome of Board Meeting and Audited Financial Results

Audit Opinion:

Unmodified opinion (clean) issued by M/s. Anil Bansal & Associates, Statutory Auditors

Key Financial Highlights [Rs in Lacs]:

Standalone Results:

Quarter Ended 31-03-2026:

  • Revenue from Operations: ₹5,084.00
  • Total Income: ₹5,139.04
  • Net Profit: ₹14.06
  • EPS: ₹0.04

Quarter Ended 31-12-2025 (Unaudited):

  • Revenue from Operations: ₹6,984.36
  • Total Income: ₹7,017.47
  • Net Profit: ₹141.61
  • EPS: ₹0.61

Quarter Ended 31-03-2025 (Audited):

  • Revenue from Operations: ₹4,497.24
  • Total Income: ₹4,900.18
  • Net Profit: ₹452.63
  • EPS: ₹1.93

Year Ended 31-03-2026:

  • Revenue from Operations: ₹23,037.41 (41.3% increase from ₹16,304.73 in FY25)
  • Total Income: ₹23,201.10
  • Net Profit: ₹344.61 (44.2% decrease from ₹617.63 in FY25)
  • EPS: ₹1.34 (decrease from ₹2.78 in FY25)

Year Ended 31-03-2025:

  • Revenue from Operations: ₹16,304.73
  • Total Income: ₹16,822.35
  • Net Profit: ₹617.63
  • EPS: ₹2.78

Financial Position as at 31st March, 2026:

  • Total Assets: ₹23,605.49 Lacs (up from ₹22,071.08 Lacs)
  • Equity Share Capital: ₹3,469.66 Lacs (increased from ₹2,340.00 Lacs)
  • Other Equity: ₹11,633.77 Lacs
  • Total Equity: ₹15,103.43 Lacs
  • Cash and Cash Equivalents: ₹695.31 Lacs (up from ₹646.38 Lacs)
  • Borrowings (Non-current): ₹1,396.53 Lacs
  • Borrowings (Current): Not separately specified in current liabilities breakdown

Expenses Analysis FY26:

  • Cost of Raw Material and Component Consumed: ₹22,059.76 Lacs
  • Employee Benefit Expenses: ₹375.65 Lacs
  • Finance Costs: ₹700.55 Lacs
  • Depreciation and Amortization: ₹223.06 Lacs
  • Other Expenses: ₹777.36 Lacs

Segment-wise Performance:

The company operates as a single operating segment manufacturing "forging Components" like flanges and forged fittings. No segment-wise breakdown provided.

Corporate Actions:

  • Rights Issue: On January 17, 2026, the company allotted 11,296,551 Equity Shares of ₹10 each at an issue price of ₹28.32 per share (₹10 face value + ₹18.32 premium) through rights issue as per Letter of Offer dated December 20, 2025
  • Share Capital Increase: Equity share capital increased from ₹2,340.00 Lacs to ₹3,469.66 Lacs due to rights issue

Other Significant Information:

  • The quarter ended March 31, 2026 figures are balancing figures between audited full year and published unaudited year-to-date figures up to third quarter
  • Previous period figures have been regrouped/rearranged for comparability
  • Results available on BSE, NSE, and company website

Cash Flow Statement Highlights FY26:

  • Cash generated from operations: Negative ₹2,659.15 Lacs
  • Direct taxes paid: ₹24.66 Lacs
  • Net cash flow from operating activities: Negative ₹2,683.80 Lacs
  • Net cash flow from investing activities: ₹3,254.22 Lacs
  • Net cash flow from financing activities: Negative ₹554.99 Lacs
  • Net increase in cash: ₹15.42 Lacs