Document Context

Magenta Lifecare Limited (Scrip Code: 544188) submitted a regulatory filing to BSE Limited dated May 28, 2026, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The document discloses outcomes from the Board of Directors meeting held on May 28, 2026, and includes audited financial results.

Board Meeting Outcomes

The Board of Directors meeting was held on Thursday, May 28, 2026, from 4:00 PM to 7:00 PM at the company's registered office at N P Patel Estate, A & T Padamla, Vadodara, Gujarat, India, 391350. The Board approved:

1. Audited Financial Results for the Half Year and Year ended on March 31, 2026 along with Auditor's Report

2. Appointment of M/s. Gaurav Bachani & Associates (FRN: S2020GJ718800), Company Secretaries, Ahmedabad, as Secretarial Auditor for Financial Year 2025-26

3. Appointment of M/s. MJM Patel & Co., Chartered Accountants (FRN: 0112246W), Vadodara, as Internal Auditor for Financial Year 2026-27

Auditor Appointments Details

Secretarial Auditor Appointment

  • Name: M/s. Gaurav Bachani & Associates
  • Designation: Secretarial Auditor
  • Firm Registration Number: S2020GJ718800
  • Reason: Appointment
  • Profile: Peer reviewed firm under ICSI with over 5 years experience in corporate legal experience, offering services in Corporate Laws, Legal Compliance, Corporate Governance, and Corporate Social Responsibility
  • Date of Appointment: May 28, 2026

Internal Auditor Appointment

  • Name: M/s. MJM Patel & Co.
  • Designation: Internal Auditor
  • Firm Registration Number: 0112246W
  • Reason: Appointment
  • Profile: Established in 1991 with 3 partners, team of professionals and interns, diverse client base across country, over 3 decades experience in Statutory Audits, Internal Audits, Financial Reporting, Financial Accounting, Direct taxation, Indirect taxation and corporate law
  • Date of Appointment: May 28, 2026

Audited Financial Results (Standalone)

Income Statement (₹ in Lakhs)

Year Ended March 31, 2026 vs March 31, 2025:

  • Revenue from Operations: ₹1,522.55 (FY26) vs ₹1,077.09 (FY25) - 41.4% increase
  • Sale of Products and Services: ₹1,442.36 vs ₹1,018.35
  • Other operating income: ₹80.19 vs ₹58.73
  • Total Expenses: ₹1,498.14 vs ₹1,070.37
  • Cost of materials consumed: ₹1,147.30 vs ₹827.29
  • Employee benefits expense: ₹115.93 vs ₹92.13
  • Finance costs: ₹37.70 vs ₹27.35
  • Depreciation and amortization: ₹51.29 vs ₹20.21
  • Other expenses: ₹75.84 vs ₹68.66
  • Profit before tax: ₹19.13 vs ₹6.71
  • Tax expense: ₹17.00 vs ₹1.75
  • Current Tax: ₹13.27 vs ₹4.63
  • Deferred Tax: ₹(9.22) vs ₹(3.31)
  • Profit for the period: ₹11.35 vs ₹8.28

Half Year Ended March 31, 2026 vs September 30, 2025:

  • Revenue from Operations: ₹971.54 (H2 FY26) vs ₹551.01 (H1 FY26) - 76.3% increase
  • Sale of Products and Services: ₹898.72 vs ₹543.64
  • Other operating income: ₹72.82 vs ₹7.36
  • Profit for the period: ₹4.70 vs ₹4.63

Key Metrics

  • Paid up Equity Share Capital: ₹686.99 lakh (unchanged)
  • Face Value: ₹10
  • Earnings per share (Basic & Diluted):
  • FY26: ₹0.17
  • FY25: ₹0.12
  • H2 FY26: ₹0.07
  • H1 FY26: ₹0.07

Balance Sheet Position (₹ in Lakhs)

As at March 31, 2026 vs March 31, 2025:

  • Total Equity & Liabilities: ₹2,408.29 vs ₹1,811.77
  • Shareholder's Funds: ₹1,319.29 (₹686.99 share capital + ₹632.30 reserves) vs ₹1,391.95 (₹686.99 + ₹704.96)
  • Non-Current Liabilities: ₹197.48 vs ₹35.85
  • Current Liabilities: ₹891.51 vs ₹383.97
  • Total Assets: ₹2,408.29 vs ₹1,811.77
  • Non-Current Assets: ₹537.41 vs ₹460.78
  • Current Assets: ₹1,769.89 vs ₹1,350.98
  • Inventories: ₹786.70 vs ₹752.55
  • Trade Receivables: ₹848.28 vs ₹447.21
  • Cash and cash equivalents: ₹93.00 vs ₹144.29

Cash Flow Statement (₹ in Lakhs)

Year Ended March 31, 2026 vs March 31, 2025:

  • Net Cash from Operating Activities: ₹113.06 vs ₹(414.71)
  • Net Cash used for Investing Activities: ₹(280.47) vs ₹(40.41)
  • Net Cash from Financing Activities: ₹116.11 vs ₹581.35
  • Net Increase/(Decrease) in Cash: ₹(51.29) vs ₹126.22
  • Closing Cash Balance: ₹93.00 vs ₹144.29

Audit and Compliance Information

  • Statutory Auditor: M/s. VCA & Associates, Chartered Accountants (FRN: 114414W)
  • Audit Opinion: Unmodified opinion issued on the standalone financial results
  • Accounting Standards: Company has not adopted IND-AS as it is exempted under MCA Notification No: G.S.R. 111 (E) dated February 16, 2015, being listed on SME exchange
  • Business Segment: Single reportable segment - Household furnishings
  • Labor Code Impact: Recognized ₹2.74 lakhs in employee benefit expense for impact of new Labour Codes based on actuarial valuation
  • Investor Complaints: Nil received, disposed of, or unresolved as of March 31, 2026

Declaration

The company declared that the Statutory Auditor has issued a standalone audit report with unmodified opinion on the standalone audited financial results for the half year and year ended March 31, 2026, in compliance with SEBI Regulation 33(3)(d).