Board Meeting Outcomes

The Board of Directors meeting, which commenced at 04:00 PM and concluded at 10:50 PM on May 30, 2026, considered and approved the following items:

1. Audited Financial Results: Approved the Audited Standalone and Consolidated Financial Results along with the Auditors Report for the quarter and year ended March 31, 2026. The results were reviewed and recommended by the Audit Committee.

2. Internal Auditor Appointment: Approved the appointment of Dinesh Bajaj & company, Chartered Accountant, as the Internal Auditors of the Company for the financial year 2026-27.

The results were to be published in newspapers as per the Listing Agreement and made available on the company's website, www.katipatang.com.

Financial Year 2025-26 Business Highlights

Operational and Strategic Updates:

  • Product Launch & Market Re-entry: Launched 'Freedom Larger Motoverse Edition' in Goa in collaboration with Royal Enfield, marking the company's re-entry into the Goa market.
  • Market Expansion: Entered several new markets:
  • Haryana: Made a comeback into Gurgaon and Faridabad with Kati Patang Saffron lager and Bareilly Extra Bold.
  • Chandigarh: Entered with Bareilly Bold.
  • Uttarakhand: Entered in early 2026 and is available in over 60 retail shops and over 25 HCR outlets.
  • Chhattisgarh: Received final label approval, and Bareilly Extra Bold hit shelves in the first week of March 2026.
  • Delhi Market: Maintained a strong presence, available in over 200 retail vends and over 100 HCR outlets.
  • Capacity Addition: Inaugurated a new lease line in Roorkee with a capacity of three lakh cases per month, equipped to manufacture Bareilly Bold and Saffron Lager.

Acquisitions and Investments:

  • UK Subsidiary Stake Increase: Increased its stake in CHADKP HOLDINGS LIMITED (parent of Chadlington Brewery and The Tite Inn, Oxford) from 23% to 51% through its UK subsidiary. This is expected to contribute meaningful turnover in FY 2026-27.
  • Strategic Acquisition - Agnetta International: Acquired 100% of Agnetta International, a player in premium wines and spirits. The acquisition is expected to be completed through a preferential share swap, subject to regulatory approvals, with synergies expected within the first year.

Financial Performance and Guidance:

  • Net Revenue & ARR: Achieved a net revenue trending of INR 4 Crore in Q4 FY26, including contributions from acquisitions of Agnetta and ChadKP. This translates to an Annualized Run Rate (ARR) of INR 16 Crore.
  • Revenue Guidance: The company expects quarterly net revenue for the group companies combined to cross INR 6.5 Crore in Q1 of FY27.

Challenges and Headwinds:

  • Noted sectorial headwinds due to geopolitical conflicts in the Middle East, causing supply chain disruptions (shortage of glass bottles and aluminium cans) and driving production costs up, leading to sharp margin contractions in the beer segment.
  • Mentioned delays in label registrations as a significant operational bottleneck.

Financial Results Overview (Consolidated)

For the Year Ended March 31, 2026 (Audited):

  • Total Income: INR 134.509 Lakh
  • Total Expenses: INR 2,285.93 Lakh
  • Loss Before Tax: INR -940.85 Lakh
  • Tax Expense: INR 25.97 Lakh (Deferred Tax)
  • Net Loss for the Period: INR -966.82 Lakh
  • Total Comprehensive Income for the Period: INR -970.65 Lakh
  • Earnings Per Share (Basic): INR -2.15

For the Quarter Ended March 31, 2026 (Reviewed):

  • Total Income: INR 367.96 Lakh
  • Total Expenses: INR 738.40 Lakh
  • Loss Before Tax: INR -370.44 Lakh
  • Tax Expense: INR 6.17 Lakh (Deferred Tax)
  • Net Loss for the Period: INR -376.61 Lakh
  • Total Comprehensive Income for the Period: INR -380.45 Lakh
  • Earnings Per Share (Basic): INR -0.85

Balance Sheet Highlights (Consolidated, as of March 31, 2026):

  • Total Assets: INR 4,211.21 Lakh (Previous Year: INR 3,224.17 Lakh)
  • Non-Current Assets: INR 2,770.76 Lakh (Includes Property, Plant & Equipment: INR 36.70 Lakh; Intangible Assets: INR 1,799.00 Lakh; Investments: INR 739.88 Lakh)
  • Current Assets: INR 1,440.45 Lakh (Includes Inventories: INR 238.99 Lakh; Trade Receivables: INR 747.50 Lakh; Cash & Cash Equivalents: INR 138.57 Lakh)
  • Total Equity: INR 2,255.74 Lakh (Includes Equity Share Capital: INR 4,646.16 Lakh; Other Equity: INR -2,525.81 Lakh; Non-Controlling Interest: INR 135.39 Lakh)
  • Total Liabilities: INR 1,955.47 Lakh (Includes Borrowings: INR 1,359.97 Lakh; Trade Payables: INR 109.74 Lakh)

Auditor's Report:

Rajesh Raj Gupta & Associates LLP issued an unmodified opinion, stating the financial results give a true and fair view in accordance with the applicable accounting standards and SEBI LODR regulations.

Additional Notes from Financial Statements

  • The company changed its presentation of liquor segment revenue to include excise duty on a gross basis. Prior-year figures were restated for comparability.
  • No provision for income tax has been created due to huge brought-forward losses.
  • No complaints were received or remained unresolved during the quarter.