Date: May 28, 2026
KMP / Board / Auditor Changes
- Dr. D. Nageswara Rao (DIN:02009886), Independent Director, appointed as non-executive Chairman of the Board
- Smt. M. Madhavi Latha appointed as Chief Financial Officer (CFO) KMP with effect from May 28, 2026
- M/s. M.Bhaskara Rao & Co, Chartered Accountants appointed as Internal Auditor for Financial Year 2026-27 at remuneration to be decided by auditors and Managing Director
Dividend Declaration or Non-Declaration
- Board recommended payment of Annual Dividend of ₹2.50 per equity share (25%) of face value ₹10 each for Financial Year 2025-26
- Dividend payable after approval by shareholders at ensuing Annual General Meeting
Board Meeting Outcomes
- Meeting held on May 28, 2026, from 12:00 noon to 5:40 PM at Registered Office
- Approved Audited Financial Results for quarter/year ended March 31, 2026
- Recommended 25% dividend for FY2025-26
- Appointed new non-executive Chairman and CFO
- Appointed new Internal Auditor for FY2026-27
Financial Results (Standalone)
Year Ended March 31, 2026 (₹ in Lakhs)
- Total Revenue: ₹203.68
- Total Expenses: ₹673.82
- Loss before tax: ₹(470.14)
- Tax expense: ₹20.00 (Current tax) + ₹1.39 (Earlier Years tax) + ₹(214.39) (Deferred tax)
- Net Loss for the year: ₹(277.14)
- Total comprehensive income: ₹(277.27)
- Basic EPS: ₹(9.24)
- Diluted EPS: ₹(9.24)
- Paid up Equity Share Capital: ₹300.00
Quarter Ended March 31, 2026 (₹ in Lakhs)
- Total Revenue: ₹245.07
- Total Expenses: ₹52.67
- Profit before tax: ₹192.40
- Net Profit for the quarter: ₹134.24
- Basic EPS: ₹4.47
- Diluted EPS: ₹4.47
Statement of Assets and Liabilities (As at March 31, 2026)
Assets (₹ in Lakhs)
- Financial Assets: ₹5,682.96 (Cash & Cash Equivalents: ₹180.53, Bank Balances: ₹208.23, Investments: ₹5,271.02, Other Financial Assets: ₹23.18)
- Non-Financial Assets: ₹298.83 (Current Tax Assets: ₹(0.13), Deferred Tax Assets: ₹225.97, Investment Property: ₹48.06, Property Plant & Equipment: ₹23.90, Other Intangible Assets: ₹0.09, Other Non-Financial Assets: ₹0.92)
- Total Assets: ₹5,981.79
Liabilities and Equity (₹ in Lakhs)
- Financial Liabilities: ₹90.57 (Trade Payables: ₹1.76, Other Payables: ₹255, Other Financial Liabilities: ₹86.26)
- Non-Financial Liabilities: ₹167.83 (Provisions: ₹154.78, Other Non-Financial Liabilities: ₹13.05)
- Equity: ₹5,723.39 (Equity Share Capital: ₹300.00, Other Equity: ₹5,423.39)
- Total Liabilities and Equity: ₹5,981.79
Statement of Cash Flows (Year Ended March 31, 2026)
- Net cash flow from operating activities: ₹(1,61,46,412)
- Net cash flow from investing activities: ₹2,23,40,080
- Net decrease in cash and cash equivalents: ₹(43,56,981)
- Cash and cash equivalents at beginning: ₹2,26,02,529
- Cash and cash equivalents at end: ₹1,82,45,548
- Components: Cash on hand ₹6,778, Current Account ₹1,80,45,876
Accompanying Notes to Financial Results
- Results reviewed by Audit Committee and approved by Board on May 28, 2026
- Company engaged mainly in Portfolio Investments with no reportable segments
- Legal proceedings initiated before District Court, Adoni (AP) to regain possession of lands costing ₹11.59 lakhs from trespassers
- MAT credit amounting to ₹139.30 lakhs not recognized due to absence of convincing evidence that company will pay normal Income Tax in near future
- No subsidiary/associate/joint venture companies as on March 31, 2026
Borrowings Disclosure
- Outstanding Qualified Borrowings as on April 1, 2025: NIL
- Outstanding Qualified Borrowings as on March 31, 2026: NIL
- Incremental borrowing during 2025-26: NIL
- Borrowings by way of debt securities during 2025-26: NIL