Board Meeting Details

The meeting was held on Thursday, 28th May, 2026 at 02:30 p.m. at the Registered Office of the Company at 34, Kalpataru Avenue, Opposite ESIC Hospital, Akurli Road, Kandivali (East), Mumbai - 400 101. The meeting commenced at 02:30 p.m. and concluded at 04:15 p.m.

Business Transacted

1. The Board of Directors approved the Audited Financial Results of the Company for the quarter and year ended 31st March, 2026, along with the Auditors Report and Declaration regarding Audit Report with unmodified opinion.

2. The Board appointed M/s. VMRS & Co. (Firm Registration No. 122750W), Chartered Accountants, as the Internal Auditors of the Company for the Financial Year 2026-27.

Financial Results Highlights (Year Ended 31st March, 2026)

  • Total Income: ₹598.11 lakh (compared to ₹59.89 lakh in FY2025)
  • Revenue from Operations: ₹99.87 lakh (₹59.88 lakh in FY2025)
  • Interest Income: ₹57.50 lakh (₹59.88 lakh in FY2025)
  • Income From Services: ₹42.37 lakh (₹0 in FY2025)
  • Other Income: ₹498.24 lakh (₹0.01 lakh in FY2025)
  • Total Expenses: ₹536.35 lakh (₹48.52 lakh in FY2025)
  • Finance Cost: ₹21.45 lakh (₹18.00 lakh in FY2025)
  • Employee Benefit Expense: ₹102.67 lakh (₹14.86 lakh in FY2025)
  • Other Expense: ₹412.19 lakh (₹15.62 lakh in FY2025)
  • Profit before Tax: ₹61.75 lakh (₹11.36 lakh in FY2025)
  • Tax expense: ₹18.40 lakh (₹2.99 lakh in FY2025)
  • Current tax: ₹16.45 lakh (₹2.98 lakh in FY2025)
  • Excess/Short Provision for Tax of Earlier Year: ₹1.06 lakh (₹0 in FY2025)
  • Deferred tax: ₹0.89 lakh (₹0.01 lakh in FY2025)
  • Profit for the Period: ₹43.35 lakh (₹8.37 lakh in FY2025)
  • Total Comprehensive Income: ₹44.90 lakh (₹6.85 lakh in FY2025)
  • Paid-up Equity Share Capital: ₹300.01 lakh (unchanged from FY2025)
  • Other Equity: ₹470.36 lakh (₹425.46 lakh in FY2025)
  • Basic and Diluted EPS: ₹1.45 (₹0.28 in FY2025)

Quarterly Performance (Q4 FY2026)

  • Total Income: ₹511.04 lakh
  • Profit before Tax: ₹31.47 lakh
  • Profit for the Period: ₹22.11 lakh
  • EPS: ₹0.74

Balance Sheet Highlights (as at 31st March, 2026)

  • Financial Liabilities: ₹1,871.24 lakh
  • Non-Financial Liabilities: ₹232.40 lakh
  • Equity Share Capital: ₹300.01 lakh
  • Other Equity: ₹470.36 lakh

Cash Flow Statement (FY2026)

  • Net cash used in operating activities: (₹646.36) lakh
  • Net cash from investing activities: ₹0.00 lakh
  • Net cash from financing activities: ₹650.61 lakh
  • Net increase in cash: ₹4.25 lakh
  • Cash and cash equivalents at year-end: ₹8.66 lakh

Auditor Confirmation

M/s. Satya Prakash Natani & Co., Chartered Accountants (Registration No. 115438W) issued an Audit Report with unmodified/unqualified opinion on the Audited Financial Results for the financial year ended March 31, 2026, pursuant to Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015.