Document Overview

Financial Performance Highlights

Standalone Results (₹ Lakhs)

Quarter Ended March 31, 2026:

  • Revenue from operations: ₹8,331
  • Other income: ₹78
  • Total income: ₹8,409
  • Net profit: ₹287
  • EPS: ₹1.24 (not annualized)

Financial Year Ended March 31, 2026:

  • Revenue from operations: ₹27,653 (13% increase from ₹24,492 in FY2025)
  • Other income: ₹459
  • Total income: ₹28,112
  • Net profit: ₹1,778 (32% increase from ₹1,352 in FY2025)
  • EPS: ₹7.70 (from ₹5.85 in FY2025)
  • EBITDA: ₹2,318 (from ₹1,717 in FY2025)

Consolidated Results (₹ Lakhs)

Financial Year Ended March 31, 2026:

  • Revenue from operations: ₹27,653
  • Other income: ₹459
  • Total income: ₹28,112
  • Net profit: ₹1,804 (11% increase from ₹1,623 in FY2025)
  • EPS: ₹7.82 (from ₹7.03 in FY2025)
  • Share of profit from joint venture: ₹26

Key Financial Metrics

Balance Sheet (Standalone as of March 31, 2026):

  • Total assets: ₹31,257 lakhs
  • Share capital: ₹2,309 lakhs (face value ₹10)
  • Other equity: negative ₹5,694 lakhs
  • Current liabilities: ₹33,433 lakhs
  • Cash and cash equivalents: ₹1,017 lakhs
  • Trade receivables: ₹16,665 lakhs
  • Inventories: ₹4,965 lakhs

Cash Flow Statement (Standalone FY2026):

  • Net cash inflow from operating activities: ₹1,560.29 lakhs
  • Net cash utilized in investing activities: ₹39.73 lakhs
  • Net cash generated in financial activities: negative ₹1,197.87 lakhs
  • Net increase in cash and equivalents: ₹322.69 lakhs

Significant Accounting Impact

The Government of India implemented four new Labour Codes effective from November 21, 2025, consolidating 29 existing labour laws. The company estimated financial implications and took an additional charge of ₹101.23 lakhs in the financial results for the year ended March 31, 2026.

Joint Venture Information

The consolidated results include Jyoti Sohar Switchgear LLC (Sultanate of Oman) as a joint venture. The financial statements of the joint venture are drawn up to December 31, 2025. The joint venture contributed:

  • Total assets: ₹3,849.48 lakhs as of December 31, 2025
  • Total revenue: ₹1,042.27 lakhs for year ended December 31, 2025
  • Company's share of profit: ₹26.22 lakhs for year ended December 31, 2025

Auditor Reports

Amin Parikh & Co., Chartered Accountants (FRN: 100332W) issued unmodified opinions on both standalone and consolidated financial results dated May 28, 2026. The auditors confirmed:

  • Financial results are presented in accordance with Regulation 33 of SEBI LODR Regulations
  • Results give true and fair view in conformity with Indian Accounting Standards
  • No modifications to the audit opinion

Additional Notes

  • Segmental reporting is not applicable as the company has only one segment
  • Previous quarters/figures have been regrouped/rearranged for comparability
  • Figures for quarter ended March 31, 2026 are balancing figures between audited full year and published unaudited year-to-date figures up to third quarter