Key Financial Figures - Consolidated

Profit & Loss (₹ Lakhs)

  • Revenue from Operations: Q4 FY26: ₹51.87; FY26: ₹239.21 (FY25: ₹390.18)
  • Other Income: Q4 FY26: ₹5.66; FY26: ₹153.80 (FY25: ₹131.51)
  • Total Expenses: Q4 FY26: ₹107.34; FY26: ₹256.06 (FY25: ₹228.58)
  • Profit/(Loss) Before Tax: Q4 FY26: (₹49.81); FY26: ₹136.95 (FY25: ₹293.11)
  • Tax Expense: FY26: ₹27.64 (Current: ₹24.07, Deferred: ₹10.94, Prior Year: (₹7.37))
  • Profit/(Loss) After Tax: Q4 FY26: (₹42.20); FY26: ₹109.31 (FY25: ₹140.28)
  • Total Comprehensive Income: Q4 FY26: (₹49.41); FY26: ₹102.10 (FY25: ₹140.41)
  • Earnings Per Share (₹): Basic & Diluted EPS for FY26: ₹0.84

Balance Sheet (₹ Lakhs as of Mar 31, 2026)

  • Total Assets: ₹3,302.26 (Mar 25: ₹3,219.50)
  • Non-Current Assets: ₹1,793.33 (Includes Property, Plant & Equipment: ₹14.42, Right-of-Use: ₹290.22, Investment Property: ₹635.61)
  • Current Assets: ₹1,508.93 (Includes Investments: ₹422.45, Cash & Cash Equivalents: ₹60.35, Other Bank Balances: ₹356.17, Loans: ₹620.17)
  • Total Equity: ₹2,996.42 (Equity Share Capital: ₹1,302.67, Other Equity: ₹1,693.75)
  • Liabilities: Non-Current: ₹65.37; Current: ₹240.47

Cash Flow (FY26, ₹ Lakhs)

  • Net Cash from Operating Activities: ₹161.52
  • Net Cash from Investing Activities: (₹82.56)
  • Net Cash from Financing Activities: (₹26.57)
  • Net Increase in Cash: ₹52.39

Key Financial Figures - Standalone

  • Profit/(Loss) After Tax: Q4 FY26: (₹58.58); FY26: ₹46.37 (FY25: ₹81.38)
  • Total Comprehensive Income: Q4 FY26: (₹65.79); FY26: ₹39.16 (FY25: ₹81.51)
  • Earnings Per Share (₹): Basic & Diluted EPS for FY26: ₹0.36

Important Notes & Context

  • Audit Opinion: The statutory auditors, M/s Chaturvedi & Shah, issued audit reports with an unmodified (clean) opinion for both standalone and consolidated results.
  • Segment Reporting: The Group operates in four segments: Financial Services (recovery), Trading, Rent on Premises, and Others (insurance marketing).
  • Historic Legal Matter (Securities Scam): The company continues to pursue recovery of a ₹280.56 lakh advance paid to stockbroker Mr. Hiten P Dalal in FY 1991-92 for securities that were not delivered.
  • An amount of ₹652.18 lakhs was recovered on May 18, 2022, and recognized as income in FY22.
  • The Special Court (Mumbai) upheld the company's claim in an order dated December 4, 2021.
  • The stockbroker has filed an appeal in the Supreme Court, which admitted the matter but dismissed an interim application for stay. The management does not expect any outflow and will recognize further revenue upon recovery.
  • Tax Settlement: The company opted for the Direct Tax Vivad Se Vishwas (DTVSV) Scheme 2024 to settle a dispute for AY 1998-99. It deposited ₹113.53 lakhs on January 16, 2025, which was provided for in the books.
  • Labour Codes: The new Labour Codes effective November 21, 2025, are not expected to impact the company's operations as supporting rules are yet to be notified.
  • Going Concern: The accounts are prepared on a going concern basis due to positive net worth and cash flows.

Dates and Parties

  • Board Meeting Date: May 29, 2026 (commenced 3:30 PM, concluded 5:00 PM).
  • Signatories: Sujir Prabhakar (Chairman & Managing Director, DIN: 02577488), Vasudev Nayak (CFO).
  • Auditors: Chaturvedi & Shah LLP, Chartered Accountants (Firm Regn. No.: 101720W/W100355).
  • Subsidiary: Manipal Properties Limited (Financials included in consolidation: Total Assets ₹518.92 Lakhs, FY26 Revenue ₹94.79 Lakhs, FY26 Net Profit ₹62.92 Lakhs).