Key Board Approvals
The Board of Directors approved three key items:
1. Annual Audited Standalone Financial Results for the half and year ended March 31, 2026, along with Auditor's Report with Unmodified Opinion from M/s. S V J K and Associates (Firm Registration Number: 135182W)
2. Appointment of Secretarial Auditor: M/s. G R Shah & Associates appointed to conduct Secretarial Audit for Financial Years 2025-26 and 2026-27
3. Appointment of Internal Auditor: M/s. N. N. Kapuriya & Co, Chartered Accountants (FRN: 0153371W) appointed as Internal Auditor for Financial Years 2025-26 and 2026-27
Financial Performance Highlights
Standalone Financial Results for Year Ended March 31, 2026 (₹ in Lakhs):
Profitability:
- Profit before tax: ₹462.02 lakh (compared to ₹358.49 lakh in FY25)
- Profit after tax: ₹375.40 lakh (compared to ₹296.28 lakh in FY25)
- Earnings per share (Basic and Diluted): ₹11.34 (compared to ₹8.95 in FY25)
Revenue:
- Total revenue: ₹1,773.70 lakh
Balance Sheet Position (as of March 31, 2026):
- Total equity: ₹1,247.08 lakh
- Total liabilities: ₹1,619.60 lakh
- Total assets: ₹1,619.60 lakh
- Share capital: ₹331.00 lakh
- Reserves and surplus: ₹916.08 lakh
Key Financial Ratios:
- Current assets: ₹1,210.56 lakh
- Current liabilities: ₹297.98 lakh
- Inventories: ₹664.15 lakh
- Trade receivables: ₹370.83 lakh
- Cash and cash equivalents: ₹21.03 lakh
Cash Flow Statement (₹ in Lakhs)
- Net cash from operating activities: ₹54.43
- Net cash used in investing activities: ₹(177.75)
- Net cash from financing activities: ₹50.01
- Net decrease in cash: ₹(73.30)
Corporate Development
During Financial Year 2026-27, the Company successfully completed its Initial Public Offering comprising:
- Fresh Issue of 13,59,600 Equity Shares of face value of ₹10 each at a premium of ₹86 per Equity Share
- Total issue size: ₹13,65,81,600
- Offer for Sale of 2,32,600 Equity Shares by Selling Shareholders
- Equity Shares listed on SME Platform of BSE Limited on July 1, 2026
Auditor Information
Statutory Auditor: M/s. S V J K and Associates (FRN: 135182W) provided unmodified opinion on financial results
Secretarial Auditor Profile: M/s. G R Shah & Associates, Practicing Company Secretaries, Ahmedabad. Proprietor Mr. Gaurang Shah has over a decade of experience in corporate laws, regulatory compliance, SEBI compliances, and secretarial audits.
Internal Auditor Profile: M/s. N. N. Kapuriya & Co, Chartered Accountants (FRN: 0153371W) is a multidisciplinary firm specializing in auditing, financial reporting, internal controls, and statutory compliances.
Meeting Details
Board meeting commenced at 05:00 PM and closed at approximately 06:45 PM on July 22, 2026.
Additional Notes
- The company was listed on BSE's SME Platform on July 1, 2026, subsequent to the reporting period
- The company is exempt from adopting IND-AS as per MCA Notification for SME exchange listed companies
- Previous year figures have been regrouped/reclassified for comparability
- Earnings per share calculated on weighted average shares of the company