Key Quantitative Figures

Financial Results for Year Ended 31st March 2026:

  • Total Revenue: ₹13,299.16 lakh
  • Total Expenses: ₹11,962.55 lakh
  • Profit Before Tax: ₹1,336.61 lakh
  • Tax Expense: ₹351.10 lakh (Current tax: ₹351.10 lakh, Short/(Excess) provision: ₹18.17 lakh, Deferred tax credit: ₹-7.59 lakh)
  • Profit After Tax: ₹974.93 lakh
  • Earnings Per Share (Face value ₹10): Basic ₹7.12, Diluted ₹7.12

Balance Sheet Position as at 31st March 2026:

  • Total Equity and Liabilities: ₹13,713.92 lakh
  • Shareholder's Funds: ₹7,520.96 lakh (Share Capital: ₹1,369.92 lakh, Reserves and Surplus: ₹6,151.04 lakh)
  • Non-current Liabilities: ₹1,365.88 lakh
  • Current Liabilities: ₹4,827.08 lakh
  • Total Assets: ₹13,713.92 lakh
  • Non-current Assets: ₹3,319.09 lakh
  • Current Assets: ₹10,394.83 lakh (Inventories: ₹2,452.59 lakh, Trade Receivables: ₹6,530.03 lakh, Cash and Cash Equivalents: ₹756.88 lakh)

Comparative Figures (31st March 2025):

  • Profit After Tax: ₹236.88 lakh (FY26: ₹974.93 lakh)
  • Total Equity and Liabilities: ₹9,735.67 lakh (FY26: ₹13,713.92 lakh)
  • Reserves and Surplus: ₹5,176.11 lakh (FY26: ₹6,151.04 lakh)

Dates of Action

  • Board Meeting Date: 29th May, 2026
  • Meeting Duration: 3:30 PM to 4:35 PM
  • Financial Period Ended: 31st March, 2026

Parties Involved

  • Statutory Auditor: S VJK and Associates (FRN: 135182W)
  • Internal Auditor: J K Hingu & Co. (Re-appointed for FY2026-27)
  • Stock Exchange: BSE Limited
  • Regulatory Reference: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Board Decisions Approved

1. Audited Standalone financial results, Statement of Assets and Liabilities and Cash Flow Statement for half year and year ended 31st March 2026

2. Re-appointment of M/S J K Hingu & Co., Chartered Accountant as Internal Auditor for financial year 2026-27

3. Other businesses with permission of chair

Auditor's Report Details

  • Auditor: S VJK and Associates
  • Opinion: Unmodified opinion issued
  • Emphasis of Matter: Valuation of Inventories - company has not maintained detailed records for inventory amounting to ₹2,452.59 lakh, including project-wise information on costs incurred to date and costs yet to be incurred. Auditor unable to verify accuracy of inventory value.
  • Audit Standards: Conducted in accordance with Standards on Auditing specified under Section 143(10) of Companies Act 2013

Internal Auditor Appointment

  • Firm: J K Hingu & Co., Chartered Accountant
  • Term: Financial year 2026-27
  • Experience: 4.5 years in Direct Tax Laws, Statutory Audit, Internal Audit, Tax Audit, Income Tax Compliances, Indirect Tax Laws, GST Compliances, Book Keeping, Company Laws, Project Financing, RERA Project Registration
  • Remuneration: To be mutually decided by Board and auditor

IPO Proceeds Utilization

| Purpose | Amount Raised (₹ lakh) | Amount Utilized (₹ lakh) | Deviation/Variation |

| Working Capital Requirement | 2,100.00 | 2,078.32 | ₹21.68 lakh (N.A) |

| General Corporate Purpose | 401.94 | 401.94 | N.A |

| Issue related Expenses | 272.46 | 272.46 | N.A |

| Total | 2,774.40 | 2,752.72 | ₹21.68 lakh |

Accounting Policy Note

As per MCA Notification No: G.S.R. 111 (E) dated 16th February 2015, companies listed on SME exchange are exempted from compulsory adoption of IND-AS. The company has not adopted IND-AS for preparation of financial results.

Cash Flow Statement Highlights

  • Net Cash from Operating Activities: ₹120.09 lakh (Previous year: ₹-579.76 lakh)
  • Net Cash from Investing Activities: ₹-210.94 lakh (Previous year: ₹-1,061.00 lakh)
  • Net Cash from Financing Activities: ₹603.89 lakh (Previous year: ₹1,868.48 lakh)
  • Net Increase in Cash & Cash Equivalents: ₹513.06 lakh (Previous year: ₹227.73 lakh)
  • Closing Cash Balance: ₹756.88 lakh (Previous year: ₹243.83 lakh)