Board Meeting Details

The Board of Directors meeting was held on 29th May 2026, commencing at 12:05 PM and concluding at 1:45 PM.

Financial Results Approval

The Board approved the Audited Financial Results for the quarter and year ended 31st March 2026, including:

  • Audited Financial Results in prescribed format
  • Independent Auditors Report for quarter and year ended March 31, 2026
  • Declaration pursuant to Regulation 33(3)(d) confirming statutory auditors issued unmodified opinion on Standalone Financial Results

Key Financial Performance (Year Ended 31.03.2026)

  • Total Income: ₹1,568.25 lakh (vs. ₹1,402.26 lakh in FY25)
  • Profit Before Tax: ₹235.18 lakh (vs. ₹80.38 lakh in FY25)
  • Net Profit After Tax: ₹167.39 lakh (vs. ₹84.04 lakh in FY25) - 99% increase
  • Earnings Per Share: Not quantified in disclosure
  • Tax Expense: ₹67.79 lakh (including current tax ₹28.04 lakh, prior period tax ₹2.43 lakh, deferred tax ₹37.32 lakh)

Quarterly Performance (Q4 FY26)

  • Total Income: ₹432.39 lakh
  • Profit Before Tax: ₹81.01 lakh
  • Net Profit After Tax: ₹51.34 lakh

Segment-wise Performance (Year Ended 31.03.2026)

  • Warehousing Rental Services: Revenue ₹1,024.83 lakh, Profit ₹469.23 lakh
  • Engineering Services: Revenue ₹487.38 lakh, Loss ₹(111.16) lakh
  • Unallocated: Revenue ₹56.04 lakh

Dividend Recommendation

The Board recommended a dividend of ₹10 per share (10% on face value of ₹100 each) for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

Annual General Meeting Details

  • 52nd Annual General Meeting scheduled for Monday, 10th August 2026 at 10:15 AM
  • Meeting to be held through Video Conferencing/Other Audio Visual Means
  • Register of Members and Share Transfer Books will remain closed from 4th August 2026 to 10th August 2026 (both days inclusive)
  • Cut-off date for determining shareholder eligibility for voting: 3rd August 2026

Board Re-appointments

Recommended re-appointment of Sri Pradip Roy as Independent Director for a second term of 5 consecutive years, subject to shareholder approval at AGM.

Audit Committee Re-constitution

The Board reconstituted the Audit Committee by co-opting Sri N. Jayachandar (DIN: 00015091), Non-Independent Non-Executive Director as additional member.

Balance Sheet Position (as at 31.03.2026)

  • Total Assets: ₹4,115.47 lakh (vs. ₹3,838.49 lakh in FY25)
  • Investment Property: ₹2,524.25 lakh (vs. ₹1,560.08 lakh in FY25)
  • Total Equity: ₹2,276.71 lakh (vs. ₹2,174.97 lakh in FY25)
  • Total Liabilities: ₹1,838.76 lakh (vs. ₹1,663.52 lakh in FY25)
  • Borrowings: ₹922.19 lakh (Non-current ₹376.23 lakh + Current ₹545.72 lakh)

Cash Flow Statement (FY26)

  • Cash from Operating Activities: ₹406.82 lakh
  • Cash used in Investing Activities: ₹(217.21) lakh
  • Cash used in Financing Activities: ₹(191.37) lakh
  • Net decrease in Cash: ₹(1.76) lakh
  • Cash and cash equivalents at year-end: ₹1.95 lakh

Labour Code Implementation Note

The company noted that newly notified Labour Codes (effective from 21st November 2025) do not currently have material impact on financial results, as State Rules are yet to be notified. The company continues to monitor developments.