Date: May 27, 2026

Board Meeting Outcomes

  • Meeting held on Wednesday, May 27, 2026, from 3:00 PM to 4:45 PM at the company's registered office
  • Approved audited standalone financial statements for the fourth quarter and year ended March 31, 2026
  • Approved Independent Auditor's Report issued by M/s. P G Hemani & Co., Chartered Accountants
  • Approved Statement of Assets & Liabilities as on March 31, 2026
  • Approved Cash Flow statement as on March 31, 2026
  • Declaration of Unmodified opinion
  • Arrangements made for publication of results in newspapers
  • Financial results uploaded on company website: http://www.madhavcopper.com/company_profile.php

Financial Results (Standalone)

Quarterly Performance (₹ in lakhs)

| Particulars | Q4 FY2026 (Audited) | Q3 FY2026 (Unaudited) | Q4 FY2025 (Audited) |

| Net Sales/Income from Operations | 8,406.14 | 5,280.44 | 4,160.15 |

| Other Operating Income | 0 | 0 | 0 |

| Total Revenue from Operations | 8,406.14 | 5,280.44 | 4,160.15 |

| Other Income | 92.79 | 6.70 | 39.49 |

| Total Income | 8,498.93 | 5,287.14 | 4,199.64 |

| Profit/(Loss) before Tax | 369.18 | 118.65 | 40.06 |

| Net Profit/(Loss) for the period | 290.55 | 75.76 | -131.74 |

| Basic EPS (₹) | 1.07 | 0.28 | -0.63 |

Annual Performance (₹ in lakhs)

| Particulars | FY2026 (Audited) | FY2025 (Audited) |

| Net Sales/Income from Operations | 23,420.23 | 12,467.25 |

| Total Income | 23,571.02 | 12,547.09 |

| Profit/(Loss) before Tax | 701.49 | 345.39 |

| Net Profit/(Loss) for the year | 448.78 | 345.39 |

| Basic EPS (₹) | 1.65 | 1.27 |

Expenditure Breakdown FY2026 (₹ in lakhs)

  • Consumption of raw materials: 20,336.48
  • Purchase of traded goods: 986.21
  • Employee cost: 248.65
  • Finance Cost: 328.71
  • Depreciation & Amortization: 166.03
  • Other expenses: 1,660.27

Statement of Assets & Liabilities as at March 31, 2026 (₹ in lakhs)

Assets

  • Non-Current Assets: 1,178.79
  • Current Assets: 11,217.12
  • Inventories: 2,862.27
  • Trade Receivables: 6,270.78
  • Cash and Cash Equivalents: 85.15
  • Bank balances: 10,038.33
  • Short term loans & Advances: 11,217.12
  • Total Assets: 12,395.91

Equity and Liabilities

  • Equity Share Capital: 1,357.14
  • Other Equity: 3,662.58
  • Total Equity: 5,019.72
  • Non-Current Liabilities: 471.78
  • Long Term Borrowings: 543.90
  • Deferred Tax Liabilities (Net): -67.00
  • Provisions: -12.61
  • Current Liabilities: 6,210.01
  • Short Term Borrowings: 4,106.67
  • Trade Payables: 989.17
  • Other Current Financial Liabilities: 960.53
  • Other Current Liabilities: 153.64
  • Total Equity and Liabilities: 12,395.91

Cash Flow Statement for Year Ended March 31, 2026 (₹ in lakhs)

  • Cash Flow from Operating Activities: 621.52
  • Cash Flow from Investing Activities: -32.52
  • Cash Flow from Financing Activities: -567.04
  • Net Increase/(Decrease) in Cash & Cash Equivalents: 21.97
  • Cash & Cash equivalents at beginning of year: 63.18
  • Cash & Cash equivalents at end of year: 85.15

Declaration as per Regulation 33(3)(d)

  • Mr. Nilesh Patel (DIN: 05319890), Chairman and Whole-time Director, declared that statutory auditors issued audit report with unmodified opinion
  • Declaration issued in compliance with Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015

Additional Information

  • Company CIN: L27201GJ2012PLC072719
  • Paid-up equity share capital: ₹13,571,400 (Face Value of ₹5 each)
  • The company operates in one segment only, therefore segmental reporting is not applicable
  • Previous year/period figures have been rearranged/regrouped wherever necessary to make them comparable