Key Quantitative Figures

  • Revenue from Operations (FY26): ₹588.04 lakhs (FY25: ₹121.71 lakhs)
  • Net Profit (FY26): ₹165.96 lakhs (FY25: ₹52.07 lakhs)
  • Total Income (FY26): ₹625.51 lakhs (FY25: ₹153.32 lakhs)
  • Basic EPS (FY26): ₹0.10 (FY25: ₹0.03)
  • Equity Share Capital: ₹3,378.24 lakhs (face value ₹2 per share)
  • Trade Receivables >3 years: ₹269.30 lakhs
  • MSME Dues Outstanding: ₹50 lakhs (unpaid for 1-3 years)
  • Loans to Others: ₹3,161.96 lakhs outstanding as of March 31, 2026
  • Security Deposit from C3 Hospital: ₹11.00 crore under revised agreement

Dates of Action

  • Board Meeting: May 30, 2026 (commenced 4:30 PM, concluded 9:10 PM)
  • Financial Period: Quarter and Year ended March 31, 2026
  • Audit Report Date: May 30, 2026
  • Revised Lease Effective: January 1, 2026 to November 30, 2036
  • Original Lease Date: December 1, 2021

Parties Involved

  • Statutory Auditors: SCAN & Co., Chartered Accountants (Firm Reg. No.113954W)
  • Audit Partner: Chetan Khandelwal (M. No. 408113)
  • Counterparty: C3 Multi Speciality Hospital Limited (lease agreement)
  • Regulatory Authorities: BSE Limited, SEBI

Key Audit Matters

1. Modification of Lease Arrangement with C3 Multi Speciality Hospital Limited: Original rent agreement dated December 1, 2021 (monthly rent ₹7.50 lakhs, security deposit ₹45 lakhs) was terminated. New agreement effective January 1, 2026 reduced monthly rent to ₹1.00 lakh but increased security deposit to ₹11.00 crore. No rental income received under original agreement up to January 2026.

2. Emphasis of Matter Items:

  • ₹50 lakhs outstanding to Micro and Small Enterprises (unpaid for 1-3 years)
  • ₹269.30 lakhs trade receivables outstanding for more than three years
  • Loans aggregating ₹431.54 lakhs where certain documentation was unavailable for verification

Internal Financial Controls

Auditor opinion states: "The Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal financial controls over financial reporting were operating effectively as at March 31, 2026."

Other Financial Details

  • Total Assets (March 2026): ₹10,786.03 lakhs (March 2025: ₹7,096.88 lakhs)
  • Total Equity (March 2026): ₹6,681.84 lakhs (March 2025: ₹5,515.87 lakhs)
  • Current Tax Expense (FY26): ₹83.67 lakhs
  • Deferred Tax Asset: ₹3.64 lakhs (March 2026) vs ₹700.86 lakhs (March 2025)
  • Cash & Cash Equivalents: ₹21.79 lakhs (March 2026) vs ₹3.85 lakhs (March 2025)

Compliance Status

  • No defaults in repayment to financial institutions/banks
  • No deposits accepted from public
  • No material fraud detected or reported
  • No resignation of statutory auditors during the year
  • Related party transactions compliant with Sections 177 and 188 of Companies Act