Key Financial Figures (Standalone)

Quarterly Performance (Q4 FY2026):

  • Revenue from operations: ₹12,870.82 lacs (vs ₹11,889.46 lacs in Q4 FY2025)
  • Total Income: ₹12,969.42 lacs (vs ₹11,941.30 lacs in Q4 FY2025)
  • Profit Before Tax: ₹297.91 lacs (vs ₹228.13 lacs in Q4 FY2025)
  • Net Profit: ₹532.49 lacs (vs ₹539.43 lacs in Q4 FY2025)
  • EPS: ₹0.79 (vs ₹0.82 in Q4 FY2025)

Annual Performance (FY2026):

  • Revenue from operations: ₹46,496.64 lacs (vs ₹39,575.06 lacs in FY2025)
  • Total Income: ₹46,679.59 lacs (vs ₹39,725.55 lacs in FY2025)
  • Profit Before Tax: -₹1,594.58 lacs (vs -₹11.53 lacs in FY2025)
  • Net Loss: ₹1,137.39 lacs (vs Profit of ₹949.58 lacs in FY2025)
  • EPS: -₹1.69 (vs ₹1.45 in FY2025)

Segment-wise Revenue (FY2026):

  • Paper segment: ₹35,719.86 lacs
  • Hotel segment: ₹10,959.73 lacs
  • Total: ₹46,679.59 lacs

Significant Balance Sheet Items (as of March 31, 2026):

  • Total Assets: ₹122,311.37 lacs
  • Equity Share Capital: ₹6,841.13 lacs
  • Borrowings: ₹23,432.84 lacs (Non-current: ₹22,347.16 lacs; Current: ₹1,085.68 lacs)
  • Trade Receivables: ₹6,051.20 lacs (₹333.30 lacs outstanding >6 months; ₹46.04 lacs under litigation)
  • Inventories: ₹9,583.47 lacs

Emphasis of Matter by Auditors

1. Balances of Debtors, Creditors & Advances are subject to confirmation and reconciliation

2. Inventory valuation relied upon management certification due to technical nature

3. ₹300.00 lakhs deposit made with Bank of Baroda to cover expenses for withdrawing cases against the company

4. SEBI penalty matter: The Hon'ble Executive Director of SEBI passed order dated May 31, 2023 (No. QJA/SP/CFID/FID-SEC4/26875/2023-24) imposing:

  • ₹12,00,000 penalty on company (provision made in books)
  • ₹54,00,000 collective penalty on directors and KMPs
  • Restrained from accessing securities market and dealing in securities for one year
  • Company appealed to Securities Appellate Tribunal (SAT), Mumbai
  • SAT order dated July 13, 2023 directed deposit of penalty amount pending appeal
  • Company deposited penalty amount as directed
  • Matter listed on April 24, 2026, adjourned to July 7, 2026

Key Audit Matter

Company availed secured Term Loan of ₹15,000 lacs from Tourism Finance Corporation India Limited for repayment of listed, secured, redeemable, non-convertible debentures of ₹15,000 lacs.

Capital Structure Changes

  • Equity share capital increased from ₹6,641.13 lacs to ₹6,841.13 lacs
  • Outstanding redeemable preference shares: ₹325.00 lacs

Cash Flow Statement (FY2026)

  • Net cash from operations: ₹6,249.95 lacs
  • Net cash used in investing activities: ₹9,527.06 lacs
  • Net cash from financing activities: ₹2,610.74 lacs
  • Net decrease in cash: ₹666.37 lacs

Important Corporate Developments

1. NCD Issuance: Approved issuance of Listed Secured Non-convertible Debentures of ₹50 crores to NEO Special Credit Opportunities Fund in board meeting held on 27th May 2026

2. Demerger Scheme: Board approved Scheme of Arrangement between Magnum Ventures Limited and Magnum Paperz Limited for demerger of Paper Business on 27th February 2026. Application for approvals submitted to BSE and NSE during the quarter.

Financial Ratios (FY2026)

  • Current Ratio: 0.19
  • Debt-Equity Ratio: 0.34
  • Return on Equity: -0.02
  • Interest Service Coverage Ratio: 0.56
  • Net Profit Margin: -2.45%

Related Party Transactions

Multiple transactions with directors and their relatives including:

  • Unsecured loans taken/repaid from directors
  • Remuneration payments to directors and relatives
  • Purchase/sale transactions with related entities
  • Sitting fees to independent directors

Security Cover Certificate

Auditors certified that security cover for secured listed non-convertible debt securities is adequate as per debenture trust deeds as of March 31, 2026.