Summary of Key Information:
Reporting Period: Quarter and Financial Year ended 31st March, 2026
Nature of Filing / Announcement: Outcome of Board Meeting and Audited Financial Results
Audit Opinion:
Unmodified opinion issued by M/s DSP & Associates, Chartered Accountants (FRN: 006791N)
Key Financial Highlights [Rs in Lakhs]:
Standalone Results:
Revenue from Operations: Not Specified
Total Income: ₹46.27 lakhs (FY26) vs ₹10.26 lakhs (FY25)
EBITDA: Not Specified
Net Profit: ₹(42.09) lakhs (FY26) vs ₹(52.99) lakhs (FY25)
EPS: (₹0.01) (FY26) vs (₹0.02) (FY25)
Other Equity: ₹13,442.01 lakhs (FY26) vs ₹12,379.70 lakhs (FY25)
Cash and Cash Equivalents: ₹1,327.54 lakhs (FY26) vs ₹27.59 lakhs (FY25)
Debt: Not Specified
Consolidated Results:
Revenue from Operations: ₹24,526.25 lakhs (FY26) vs ₹26,610.48 lakhs (FY25) [7.83% decrease YoY]
Total Income: ₹24,614.47 lakhs (FY26) vs ₹26,665.99 lakhs (FY25)
EBITDA: Not Specified
Net Profit: ₹20.18 lakhs (FY26) vs ₹666.15 lakhs (FY25) [96.97% decrease YoY]
Net Profit Attribution: Entirely to equity holders of parent (no non-controlling interests)
EPS: ₹0.01 (FY26) vs ₹0.21 (FY25)
Other Equity: ₹14,584.07 lakhs (FY26) vs ₹13,438.24 lakhs (FY25)
Cash and Cash Equivalents: ₹1,862.15 lakhs (FY26) vs ₹502.37 lakhs (FY25)
Debt: Not fully specified but includes borrowings of ₹510.09 lakhs (non-current) and ₹211.07 lakhs (current) in FY26
Quarterly Performance (Consolidated):
Q4 FY26 Revenue: ₹7,500.39 lakhs vs Q4 FY25: ₹8,276.46 lakhs
Q4 FY26 Net Loss: ₹(267.38) lakhs vs Q4 FY25 Net Profit: ₹188.50 lakhs
Segment-wise Performance:
The Group operates in a single reportable segment - Paint
Segment Revenue: ₹24,614.47 lakhs (FY26) vs ₹26,665.99 lakhs (FY25)
Segment Profit/(Loss) before tax: ₹51.86 lakhs (FY26) vs ₹920.95 lakhs (FY25)
Segment Assets: ₹27,277.84 lakhs (FY26) vs ₹26,304.67 lakhs (FY25)
Segment Liabilities: ₹10,781.08 lakhs (FY26) vs ₹9,891.50 lakhs (FY25)
Corporate Actions:
Dividend: Not declared
Preferential Issue: Allotted 2,96,45,000 convertible warrants to Kamdhenu Limited at ₹6.80 per warrant (face value ₹1.00 + premium ₹5.80)
Warrant Conversion: 1,46,45,000 warrants converted into equity shares on 30.03.2026, receiving ₹746.89 lakhs
Outstanding Warrants: 1,50,00,000 warrants remaining with 25% consideration (₹255.00 lakhs) already received
Conversion Period: 18 months from date of allotment
Other Significant Information:
Unutilized Proceeds: ₹47.57 lakhs from preferential issue lying in designated bank account as of March 31, 2026
Capital Raising: Total ₹503.97 lakhs received for warrants, ₹746.89 lakhs received upon conversion
Accounting Policy: No change in accounting policy affecting comparability
Guidance: No forward-looking guidance or management outlook provided