Board Meeting Details

The Board meeting commenced at 04:00 PM and concluded at 10:50 PM on 30th May 2026.

Key Decisions Approved

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

2. Internal Auditor Appointment: Considered and approved the appointment of Dinesh Bajaj & company, Chartered Accountant as Internal Auditors of the Company for FY 2026-27.

Financial Results Publication

The results will be published in Newspapers as per Listing Agreement requirements and made available on the Company's website (www.katipatang.com).

Financial Performance Highlights

Standalone Results (Year Ended 31st March 2026):
  • Total Income: ₹14.93 lakhs
  • Total Expenses: ₹292.99 lakhs
  • Loss before tax: ₹188.92 lakhs
  • Net Loss: ₹188.92 lakhs
  • Total Comprehensive Loss: ₹192.44 lakhs
  • Basic EPS: -₹0.43
  • Diluted EPS: -₹0.43
Consolidated Results (Year Ended 31st March 2026):
  • Total Income: ₹1,345.09 lakhs
  • Revenue from Alcohol and Beer (including excise duty): ₹1,223.99 lakhs
  • Revenue from Digital Services: ₹30.00 lakhs
  • Revenue from Advertisement and Marketing Services: ₹71.46 lakhs
  • Revenue from KP lifestyle events: ₹7.09 lakhs
  • Other Income: ₹12.54 lakhs
  • Total Expenses: ₹2,285.93 lakhs
  • Loss before tax: ₹940.85 lakhs
  • Net Loss: ₹966.82 lakhs
  • Total Comprehensive Loss: ₹970.65 lakhs
  • Basic EPS: -₹2.15
  • Diluted EPS: -₹2.15

Balance Sheet Position (as at 31st March 2026)

Standalone:
  • Total Assets: ₹399.20 lakhs
  • Equity Share Capital: ₹464.62 lakhs
  • Other Equity: -₹191.88 lakhs
  • Total Equity: ₹272.74 lakhs
  • Non-Current Liabilities: ₹124.10 lakhs
  • Current Liabilities: ₹2.36 lakhs
Consolidated:
  • Total Assets: ₹421.12 lakhs
  • Equity Share Capital: ₹464.62 lakhs
  • Other Equity: -₹252.58 lakhs
  • Non-Controlling Interest: ₹13.54 lakhs
  • Total Equity: ₹225.57 lakhs
  • Non-Current Liabilities: ₹151.63 lakhs
  • Current Liabilities: ₹43.92 lakhs

Business Operations Update

Market Expansion:
  • Goa Re-entry: Launched Freedom Larger Motoverse Edition in collaboration with Royal Enfield at Motoverse 2025 festival
  • Haryana: Re-entered Gurgaon and Faridabad markets with Kati Patang Saffron lager and Bareilly Extra Bold
  • Chandigarh: Entered with Bareilly Bold beer
  • Uttarakhand: Entered in early 2026, currently available in over 60 retail shops and MOTs, over 25 HCR outlets
  • Chhattisgarh: Received final label approval for Bareilly Extra Bold, launched in March 2026
Production Capacity:
  • Inaugurated new lease line in Roorkee with capacity of 3 lakh cases per month
  • Equipped to manufacture Bareilly Bold and Saffron Larger styles
Strategic Acquisitions:

1. CHADKP HOLDINGS LIMITED: Increased stake from 23% to 51% through UK subsidiary (parent company of Chadlington Brewery and The Tite Inn, Oxford)

2. Agnetta International: 100% acquisition for entry into premium spirits and wines market

  • Portfolio includes: Caballo Loco and Valdivieso wines (Chile), Chablis (France), Ron Abuelo Rum (Panama), West Cork Irish Whiskey, De Los Dorados Tequila (Mexico)
  • Acquisition to be completed through preferential share swap subject to regulatory approvals

Financial Metrics

  • Q4 FY26 net revenue: ₹4 crore (including acquisitions of Agnetta and ChadKP)
  • Annualized Run Rate (ARR): ₹16 crore
  • Expected Q1 FY27 net revenue:超过 ₹6.5 crore for group companies combined

Challenges Disclosed

  • Geopolitical conflicts in Middle East causing severe cost and supply chain shocks
  • LNG supply disruptions leading to glass production cuts
  • Shortage of glass bottles and aluminium cans driving production costs up
  • Sharp margin contractions expected in beer segment
  • Delay in label registrations affecting business operations

Corporate Identity

  • Formerly known as: VirtualSoft Systems Limited
  • Contact: +91 11 49045050, 42701491

Subsidiaries Included in Consolidation

1. Empyrean Spirits Private Ltd. (Subsidiary)

2. Kati Patang Ltd (UK) (Subsidiary of Subsidiary)

Auditor Information

  • Auditor: Rajesh Raj Gupta & Associates LLP
  • FRN No.: 026338N/N500357
  • Auditor's Report Date: 30th May 2026
  • Unmodified audit opinion on both standalone and consolidated financial results

Tax Status

  • No provision for income tax created due to huge brought forward losses

Compliance Status

  • Number of complaints received and disposed during quarter: NIL
  • Number of complaints unresolved at commencement and end of quarter: NIL