Summary of Key Information:
Reporting Period: Quarter and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Audited Financial Results
Audit Opinion:
Unmodified opinion (clean) issued by S R G A & Co., Chartered Accountants (Firm Registration No. 011984N)
Key Financial Highlights [Amount in ₹ Millions]:
Standalone Results:
Quarter Ended March 31, 2026:
- Revenue from Operations: ₹2,662.30 (QoQ: +14.2%, YoY: +5.8%)
- Total Income: ₹2,674.90
- Net Profit: ₹119.35 (QoQ: +158.8%, YoY: +5.6%)
- EPS: ₹5.88 (not annualized)
Year Ended March 31, 2026:
- Revenue from Operations: ₹9,793.98 (YoY: +9.7% from ₹8,930.03)
- Total Income: ₹9,852.31
- Net Profit: ₹375.61 (YoY: +22.3% from ₹307.03)
- EPS: ₹17.30 (annualized)
- Other Equity: ₹2,733.45
- Cash and Cash Equivalents: ₹498.30
- Debt: Short-term borrowings ₹1,198.25, Long-term borrowings ₹37.63
Consolidated Results:
Quarter Ended March 31, 2026:
- Revenue from Operations: ₹2,675.18
- Total Income: ₹2,687.78
- Net Profit: ₹118.70
- EPS: ₹5.86 (not annualized)
- Profit attributable to owners: ₹119.38
Year Ended March 31, 2026:
- Revenue from Operations: ₹9,807.76 (YoY: +9.8% from ₹8,931.31)
- Total Income: ₹9,866.09
- Net Profit: ₹363.49
- EPS: ₹16.79 (annualized)
- Profit attributable to owners: ₹369.26
- Other Equity: ₹2,703.86
- Cash and Cash Equivalents: ₹506.63
Segment-wise Performance:
The company operates in five main business segments:
1. Security Services - Manned guarding, armed security, event security, executive protection, electronic surveillance
2. Facility Management Services - Housekeeping, cleaning, technical and non-technical facility management
3. Manpower Sourcing & HR Solutions - Recruitment, temporary staffing, payroll processing, workforce management
4. Toll Plaza Management - Toll collection operations, lane management for highway toll plazas
5. Skill Development & Training - Vocational training, workforce skill development programs
FY26 Consolidated Segment Revenue:
- Security: Primary revenue driver (specific amounts not quantified in segment revenue breakdown)
- Total EBITDA: ₹552.99 million
- Segment Assets: Security ₹3,707.79 million, Toll ₹788.41 million, Skill Training ₹205.40 million
Corporate Actions:
IPO Completion:
- Completed Initial Public Offering during FY26
- Fresh issue: 4,913,294 equity shares of ₹10 each at ₹519 per share
- Offer for sale: 1,238,000 equity shares by selling shareholders
- Total issue size: ₹3,192.52 million
- Total issue expenses: ₹826.67 million (₹452.01 million from IPO proceeds, ₹374.66 million from company funds)
IPO Proceeds Utilization as of March 31, 2026:
- Towards repayment of loan: ₹510.00 million (fully utilized)
- Towards working capital: ₹1,190.00 million (unutilized)
- Towards General Corporate Purpose: ₹397.99 million (unutilized)
- Towards payment of issue expense: ₹452.01 million (₹440.19 utilized, ₹11.82 unutilized)
- Total unutilized amount: ₹1,599.81 million (₹1,449.99 in fixed deposits, balance in monitoring accounts)
Other Significant Information:
Exceptional Items: None reported
Accounting Policy Changes: No changes affecting comparability
Forward-looking Guidance: Not provided