Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations
Audit Opinion:
The Statutory Auditors, M/s Suresh Kumar Mittal & Co., Chartered Accountants, issued an unmodified opinion on both the standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Auditor’s Comment:
The audit report highlights that the financial results give a true and fair view in conformity with applicable accounting standards. No qualifications or modifications affecting earnings quality, internal controls, or going concern were noted.
Key Financial Highlights [unit: ₹ lakh]:
Standalone Results:
Income Statement:
- Revenue from Operations (FY26): ₹1,03,654
- Interest Income: ₹22
- Dividend Income: ₹1,079
- Net gain on fair value changes/amortisation: ₹1,02,517
- Sale of services: ₹36
- Total Income (FY26): ₹1,03,657
- Total Expenses (FY26): ₹179
- Finance Cost: ₹138
- Employee Benefits Expenses: ₹19
- Other Expenses: ₹22
- Profit before tax (FY26): ₹1,03,478
- Tax Expense (FY26): ₹14,935
- Current Tax: ₹276
- Earlier Year Tax: ₹(1)
- Deferred Tax: ₹14,660
- Net Profit for the period (FY26): ₹88,543
- Other Comprehensive Income: Not specified
- Total Comprehensive Income for the period (FY26): ₹88,543
Balance Sheet (as at 31.03.2026):
- Paid-up Equity Share Capital: ₹1,051
- Face value of Equity Share: ₹10
- Other Equity: ₹1,58,584
- Total Assets: ₹1,78,129
- Financial Assets: ₹1,78,129 (Investments: ₹1,78,119; Other Financial Assets: ₹10)
- Total Liabilities and Equity: ₹1,78,129
- Financial Liabilities: ₹2,449
- Non-Financial Liabilities: ₹16,045 (Deferred Tax Liabilities (Net): ₹16,031)
- Total Equity: ₹1,59,635
Earnings Per Share (FY26, not annualised):
- Basic EPS: ₹842.31
- Diluted EPS: ₹842.31
Cash Flow (FY26):
- Net Cash from Operating Activities: ₹595
- Net Cash from Investing Activities: ₹(105)
- Net Cash from Financing Activities: ₹(489)
- Net Increase in Cash and Equivalents: ₹1
- Cash and Cash Equivalents at year-end: ₹3
Consolidated Results:
Income Statement:
- Revenue from Operations (FY26): ₹1,03,654
- Interest Income: ₹22
- Dividend Income: ₹1,079
- Net gain on fair value changes: ₹1,02,517
- Sale of services: ₹36
- Total Income (FY26): ₹1,03,657
- Total Expenses (FY26): ₹179
- Share of Profit/(Loss) of Associate: ₹(2,791)
- Profit before tax (FY26): ₹1,00,687
- Tax Expense (FY26): ₹14,936
- Profit for the period (FY26): ₹85,751
- Other Comprehensive Income (FY26): ₹1,815
- Total Comprehensive Income for the period (FY26): ₹87,566
Balance Sheet (as at 31.03.2026):
- Paid-up Equity Share Capital: ₹1,051
- Other Equity: ₹1,59,444
- Total Assets: ₹1,78,989
- Financial Assets: ₹1,78,989 (Cash and Cash Equivalents: ₹4; Investments: ₹1,78,975; Other Financial Assets: ₹10)
- Total Liabilities and Equity: ₹1,78,989
- Financial Liabilities: ₹2,449
- Non-Financial Liabilities: ₹16,045 (Deferred Tax Liabilities (Net): ₹16,031)
- Total Equity: ₹1,60,495
Earnings Per Share (FY26):
- Basic EPS: ₹815.75
- Diluted EPS: ₹815.75
Cash Flow (FY26):
- Net Cash from Operating Activities: ₹595
- Net Cash from Investing Activities: ₹(105)
- Net Cash from Financing Activities: ₹(489)
- Net Increase in Cash and Equivalents: ₹1
- Cash and Cash Equivalents at year-end: ₹4
Segment-wise Performance:
The company is mainly engaged in Core Investment Activity and has only one operating segment, therefore it does not qualify for segment reporting under IND AS 108.
Corporate Actions:
The Board did not declare any dividends, share splits, bonus issues, buybacks, or capital raising activities in this announcement.
Other Significant Information:
- The company's associate, Jindal India Powertech Limited (JIPTL), underwent a demerger of its power business division into Jindal India Power Limited, sanctioned by the NCLT with an Appointed Date of 01.04.2025.
- As a result, the company was allotted 10,38,68,513 equity shares of Jindal India Power Limited. A fair valuation as of 31.03.2026 resulted in a net gain on fair value changes of ₹99,160 lakh for FY26 and ₹3,895 lakh for Q4 FY26.
- Previous quarter/period/year figures have been regrouped/reclassified/rearranged for comparability.