Key Financial Figures

Financial Performance (₹ in Lakhs):

  • Gross Income from Operations/Sales of shares: ₹28.09 (FY25: ₹12.87)
  • Total Expenditure: ₹22.01 (FY25: ₹17.93)
  • Profit Before Tax: ₹6.08 (FY25: Loss ₹5.06)
  • Profit After Tax: ₹6.08 (FY25: Loss ₹5.06)
  • Prior Period Items: Nil (FY25: Nil)
  • Special Reserve Fund (RBI): ₹1.22 (FY25: Nil)
  • Balance Brought Forward: (₹143.13) (FY25: (₹138.07))
  • Balance Carried to Balance Sheet: (₹138.27) (FY25: (₹143.13))

Balance Sheet Position (as at 31st March, 2026):

  • Total Assets: ₹1,006.29 Lakhs (FY25: ₹982.16 Lakhs)
  • Financial Assets: ₹756.22 Lakhs (including Cash ₹4.75L, Loans ₹129.42L, Investments ₹609.54L)
  • Non-Financial Assets: ₹250.07 Lakhs (including Property, Plant & Equipment ₹85.86L)
  • Total Liabilities: ₹418.55 Lakhs (FY25: ₹400.50 Lakhs)
  • Equity Share Capital: ₹723.08 Lakhs (unchanged)
  • Other Equity: (₹135.34) Lakhs (FY25: (₹141.42) Lakhs)

Share Capital:

  • Paid-up Equity Share Capital: ₹723.08 Lakhs (72,30,800 shares of ₹10 each)
  • Promoter Holding: 14.51% (10,49,500 shares)
  • No change in share capital during the year

Dates of Action

  • Financial Year: 1st April 2025 to 31st March 2026
  • Board Meeting Dates: 15-05-2025, 05-08-2025, 16-10-2025, 05-02-2026
  • AGM Date: 22nd September 2026 at 3:30 PM
  • Book Closure: 16th September to 22nd September 2026
  • E-voting Period: 19th September 2026 (9:00 AM) to 21st September 2026 (5:00 PM)
  • Record Date: 15th September 2026

Parties Involved

Board of Directors:

  • Mr. Ramkaran Saini - Whole Time Director (DIN: 00439446)
  • Mrs. Bhanwar Kanvar - Independent Director
  • Mr. Pravinkumar Chavada - Independent Director
  • Mr. Bhanwarsinh Chauhan - Independent Director
  • Mr. Chiman Singh - Independent Director

Key Managerial Personnel:

  • Mr. Amarjeetsingh Pannu - Chief Financial Officer
  • Mrs. Simran Chugh - Company Secretary & Compliance Officer

Auditors:

  • Statutory Auditors: M/s. Naimish N Shah & Co., Chartered Accountants
  • Secretarial Auditor: Mrs. Rupal Patel, Practicing Company Secretary
  • Internal Auditor: Mr. H.K Maheshwari

Other Service Providers:

  • Registrar and Share Transfer Agent: M/s. MCS Share Transfer Agent Limited
  • E-voting Service Provider: Central Depository Services Limited (CDSL)

Financial and Operational Impact

  • Company turned profitable with ₹6.08 Lakh net profit after previous year loss of ₹5.06 Lakh
  • Revenue increased by 117% from ₹12.87 Lakh to ₹28.09 Lakh
  • Loan portfolio increased from ₹103.77 Lakh to ₹129.42 Lakh
  • Investments valued at ₹609.54 Lakh (primarily unquoted equity shares)
  • Accumulated losses reduced from ₹143.13 Lakh to ₹138.27 Lakh
  • No dividend declared due to inadequacy of distributable profits

Capital Structure Impact

  • No change in share capital structure during the year
  • Paid-up equity share capital remains at ₹723.08 Lakh
  • Promoter holding remains unchanged at 14.51%

Cash Flow Implications

  • Net decrease in cash and cash equivalents: ₹3.40 Lakh
  • Cash flow from operating activities: (₹20.83) Lakh
  • Cash flow from investing activities: (₹0.69) Lakh
  • Cash flow from financing activities: ₹18.12 Lakh

Audit Qualifications and Remarks

Statutory Auditors (M/s. Naimish N Shah & Co):

  • Unmodified audit opinion on financial statements
  • No emphasis of matter reported
  • Internal financial controls found adequate and operating effectively

Secretarial Auditor (Mrs. Rupal Patel):

  • Noted that 100% promoters' holding is not in demat form (contrary to SEBI LODR Regulation 31(2))
  • Observed delays in filing returns with RBI due to technical errors
  • Otherwise generally compliant with applicable statutes

Management Commentary

  • Company facing liquidity crisis with investments being blocked
  • Striving to capture business opportunities and explore new avenues
  • Engaged in NBFC activities with no change in nature of business
  • Employee relations remained harmonious throughout the year

Corporate Governance

  • Corporate Governance report not applicable as paid-up capital below ₹10 crore and net worth below ₹25 crore
  • Board evaluation conducted satisfactorily
  • Whistle Blower Policy in place
  • Related party transactions with KMPs disclosed: ₹5.18 Lakh total