Financial Results for Quarter Ended 30th June 2026

The Board considered and took on record the unaudited financial results for Q1 FY27:

  • Revenue from operations: ₹186.10 lakh (Q1 FY26: ₹270.68 lakh; Q4 FY26: ₹270.83 lakh; FY26 Annual: ₹1,047.22 lakh)
  • Other income: ₹1.73 lakh (Q1 FY26: ₹0.94 lakh; Q4 FY26: ₹3.24 lakh; FY26 Annual: ₹10.17 lakh)
  • Total Income: ₹187.83 lakh (Q1 FY26: ₹271.62 lakh; Q4 FY26: ₹274.07 lakh)
  • Total Expenses: ₹186.25 lakh, comprising:
  • Purchase of stock-in-trade: ₹29.22 lakh
  • Changes in inventories: ₹83.64 lakh
  • Employee benefit expense: ₹36.77 lakh
  • Finance costs: ₹0.14 lakh
  • Depreciation: ₹2.27 lakh
  • Other expenses: ₹34.20 lakh
  • Profit before tax: ₹1.58 lakh (Q1 FY26: ₹35.65 lakh; Q4 FY26: ₹1.91 lakh)
  • Tax expense: ₹0.00 lakh (Current tax: ₹0.00; Deferred tax: ₹0.00; Q1 FY26 tax: ₹9.61 lakh)
  • Profit for the period: ₹1.58 lakh (Q1 FY26: ₹26.04 lakh; Q4 FY26: ₹4.09 lakh)
  • Earnings per share (Basic & Diluted): ₹0.66 (Q1 FY26: ₹10.85; Q4 FY26: ₹1.70)

Audit and Review

  • The results were reviewed by the Audit Committee and approved by the Board.
  • Statutory Auditors, Chhajed & Doshi (Firm Regn. No. 101794W), issued a limited review report with an unmodified conclusion, stating nothing came to their attention to believe the results contain material misstatements.
  • The company follows Indian Accounting Standards (Ind-AS).

Board Decisions and Recommendations

The Board approved/recommended the following items for shareholder approval at the ensuing 43rd Annual General Meeting (AGM):

1. Re-appointment of Director: Mr. Navin Chandmal Goliya (DIN: 00164681), Director liable to retire by rotation, recommended for re-appointment.

2. Appointment of Independent Director: Mrs. Anu Ranka (DIN: 11512569), appointed as Additional Director (Non-Executive, Independent) from 29th January 2026, recommended for a full five-year term starting 29th January 2026.

3. Related Party Transactions:

  • Sale/Transfer of the Company's Commercial Office Premises to Navin Chandmal Goliya (HUF) at a consideration not less than Fair Market Value as determined by a Registered Valuer.
  • Sale of Goods to Kusam Electrical Instruments LLP for an aggregate value of up to ₹3,00,00,000 (Rupees Three Crore Only) during FY 2026-27.

4. Appointment of Secretarial Auditor: M/s. Manoj V. Ayadi & Associates, Practising Company Secretaries, recommended for a five-year term commencing FY 2026-27.

5. AGM Logistics: The Board fixed the day, date, time, and venue for the 43rd AGM, approved the Notice with Explanatory Statement, and set the Cut-off Date and Book Closure dates.

6. Scrutinizer Appointment: CS Manoj V. Ayadi appointed as Scrutinizer for conducting the remote e-voting process and voting at the AGM.

Other Board Approvals

  • Taken on record the Limited Review Report by Statutory Auditors for the quarterly results.
  • Approved the Secretarial Audit Report issued by Manoj V. Ayadi & Associates for FY ended 31st March 2026.
  • Approved the Board's Report and its Annexures for FY ended 31st March 2026.

Meeting Details

The Board meeting commenced at 3:00 PM and concluded at 5:30 PM on 13th August 2026.

Additional Financial Notes

  • The company operates in a single reportable segment: trading of Electrical & Electronic Measuring Instruments.
  • Provisions, including employee benefits, are made on an estimated/proportionate basis and subject to year-end adjustment.
  • Deferred tax assets have not been recognized as a matter of prudence, as their reversal in the foreseeable future is not considered probable.
  • Figures for previous periods have been restated/regrouped for comparability.