Board Meeting Details

The Board meeting commenced at 11:00 AM IST and concluded at 12:30 PM IST on 12th November 2026.

Key Decisions Approved

1. Appointment of Secretarial Auditor

The Board approved the appointment of M/s. Shivang G Goyal & Associates, Practicing Company Secretaries, as Secretarial Auditor of the Company for FY 2026-27. The appointment was recommended by the Audit Committee in accordance with Section 204 of the Companies Act, 2013.

Details of Auditor:

  • Firm: Shivang G Goyal & Associates
  • FCS No.: 11801
  • CP No.: 24679
  • Profile: Peer-reviewed firm providing services in Corporate Laws, SEBI Regulations, FEMA Regulations, and Securities Market Compliances
  • Leadership: Mr. Shivang Goyal, Fellow Member of ICSI with over ten years of experience
  • Specializations: Secretarial Audits, Compliance Audits, Legal Due Diligence, Corporate Governance, Board Processes, IPO advisory, SME Exchange Listings

2. Financial Results Approval

The Board approved the Unaudited Standalone and Consolidated Financial Results for the half year ended 30th September 2026. The Statutory Auditors, JMMK & Co. (ICAI Firm Reg. No.: 120459W), issued Limited Review Reports on both standalone and consolidated results.

Standalone Financial Results (Amount in ₹ Lakhs)

Balance Sheet Position as at 30 September 2026

  • Share Capital: ₹1,158.26
  • Reserves and Surplus: ₹584.79
  • Total Equity: ₹1,743.05
  • Non-Current Liabilities: ₹29.21
  • Current Liabilities: ₹3,424.97
  • Total Liabilities: ₹5,197.33

Assets:

  • Property, Plant and Equipment: ₹43.51
  • Intangible Assets: ₹1.62
  • Non-Current Investment: ₹2,500.00
  • Deferred Tax Assets (net): ₹16.55
  • Long Term Loans and Advances: ₹178.04
  • Other Non-Current Assets: ₹33.89
  • Trade Receivables: ₹1,663.16
  • Cash and Cash Equivalents: ₹381.65
  • Short Term Loans and Advances: ₹191.32
  • Other Current Assets: ₹552.74
  • Total Assets: ₹5,197.33

Profit and Loss Statement - H1 FY27 (Half Year Ended 30th Sept 2026)

  • Revenue From Operations: ₹1,225.41
  • Other Income: ₹0.93
  • Total Revenue: ₹1,226.34
  • Cost of Services: ₹712.32
  • Employee Benefits Expenses: ₹300.00
  • Finance Costs: ₹62.19
  • Depreciation and Amortisation: ₹7.26
  • Other Expenses: ₹113.51
  • Total Expenses: ₹1,195.28
  • Profit Before Tax: ₹31.06
  • Tax Expense: ₹3.61 (Current Tax: ₹7.82, Deferred Tax: -₹4.21)
  • Profit After Tax: ₹27.45
  • Pre Bonus EPS: ₹0.18
  • Post Bonus EPS: ₹0.18

Comparative Performance

Half Year Ended 30th Sept 2026 vs 30th Sept 2025:

  • Revenue decreased from ₹1,312.06 to ₹1,226.34
  • Profit Before Tax decreased from ₹147.74 to ₹31.06
  • Profit After Tax decreased from ₹105.06 to ₹27.45

Standalone Cash Flow Statement - H1 FY27

  • Cash Flow from Operating Activities: -₹25.52
  • Cash Flow from Investing Activities: ₹179.20
  • Cash Flow from Financing Activities: ₹3,822.86
  • Net Increase in Cash: ₹3,776.42
  • Cash at Beginning: ₹41.08
  • Cash at End: ₹3,816.50

Cash Components:

  • Current Accounts: ₹736.27
  • Fixed Deposits (≤3 months): ₹5,258.10
  • Cash on hand: ₹2.76

Consolidated Financial Results (Amount in ₹ Lakhs)

Consolidated Entities

1. Adlift Marketing Private Limited - Subsidiary Company (India)

Consolidated Balance Sheet as at 30 September 2026

  • Share Capital: ₹1,158.26
  • Reserves and Surplus: ₹6,168.27
  • Total Equity: ₹7,326.52
  • Non-Current Liabilities: ₹251.42
  • Total Liabilities: ₹10,270.40

Consolidated Profit and Loss - H1 FY27

  • Revenue From Operations: ₹3,258.91
  • Other Income: ₹15.45
  • Total Income: ₹3,274.35
  • Cost of Services: ₹1,343.73
  • Employee Benefits Expenses: ₹1,231.00
  • Finance Costs: ₹62.76
  • Depreciation and Amortisation: ₹17.99
  • Other Expenses: ₹408.32
  • Total Expenses: ₹3,063.80
  • Profit Before Tax: ₹210.55
  • Tax Expense: ₹89.52
  • Profit After Tax: ₹158.64
  • EPS: ₹1.03

Consolidated Cash Flow Statement - H1 FY27

  • Cash Flow from Operating Activities: ₹59.62
  • Cash Flow from Investing Activities: ₹269.43
  • Cash Flow from Financing Activities: ₹3,706.25
  • Net Increase in Cash: ₹3,807.43
  • Cash at Beginning: ₹314.71
  • Cash at End: ₹4,122.13

Cash Components:

  • Current Accounts: ₹4,095.52
  • Fixed Deposits (≤3 months): ₹58.07
  • Cash on hand: ₹28.55

Auditor's Review

JMMK & Co., Chartered Accountants, issued limited review reports on both standalone and consolidated financial results. Based on their review, nothing came to their attention that causes them to believe that the financial results contain any material misstatement or have not disclosed information required by SEBI Listing Regulations.