Key Quantitative Figures - Standalone (₹ in Lakhs)
Quarter Ended March 31, 2026 (Audited):
- Revenue from operations: ₹1,455.97
- Other income: ₹110.47
- Total Revenue: ₹1,566.44
- Total Expenditure: ₹1,714.05
- Loss from operations before tax: ₹(147.62)
- Exceptional Items: ₹0.00
- Loss before tax: ₹(147.62)
- Tax Expenses (Deferred Tax): ₹(64.97)
- Loss for the period (Q4): ₹(82.65)
- Other Comprehensive Income: ₹(21.60)
- Total Comprehensive Income: ₹(104.25)
- Basic & Diluted EPS: ₹(0.78)
Year Ended March 31, 2026 (Audited):
- Revenue from operations: ₹5,293.92
- Other income: ₹249.34
- Total Revenue: ₹5,543.26
- Total Expenditure: ₹6,776.67
- Loss from operations before tax: ₹(1,233.37)
- Exceptional Items: ₹741.16
- Loss before tax: ₹(1,233.37)
- Tax Expenses (Deferred Tax): ₹(216.43)
- Loss for the year (FY26): ₹(1,016.94)
- Other Comprehensive Income: ₹5.99
- Total Comprehensive Income: ₹(1,010.95)
- Basic & Diluted EPS: ₹(9.58)
Key Quantitative Figures - Consolidated (₹ in Lakhs)
Year Ended March 31, 2026 (Audited):
- Profit before tax: ₹(6.07)
- Tax Expenses: ₹(2.39) [Current Tax: ₹214.43, Deferred Tax: ₹(216.82)]
- Loss for the year (FY26): ₹(2.39)
- Other Comprehensive Income: ₹5.99
- Total Comprehensive Income: ₹3.60
- Basic & Diluted EPS: ₹(0.02)
Dates of Action
- Board Meeting: Held on May 27, 2026, from 05:00 P.M. to 09:30 P.M.
- Period Ended: March 31, 2026 (Q4 and Full Year FY 2025-26).
- Auditor's Report Date: May 27, 2026.
Parties Involved
- Subsidiary: Mahalaxmi Exports Private Limited (MEPL) - Wholly Owned Subsidiary.
- Statutory Auditor: M/s. Jain Chowdhary & Co., Chartered Accountants (Firm Registration No. 113267W).
- Key Personnel: Mr. Jeetmal B. Parekh (Chairman, DIN: 00512415); CA Hitesh Salecha (Partner, Jain Chowdhary & Co.).
Purpose and Rationale
The disclosure is a mandatory regulatory requirement under SEBI LODR Regulation 33 to inform the stock exchanges and shareholders of the company's audited financial performance.
Financial and Operational Impact
Exceptional Items: An aggregate amount of ₹741.16 lakh was disclosed as an Exceptional Item for FY26. This relates to the final settlement of insurance claims from a major fire incident that occurred on November 24, 2024, at the company's factory premises. The net impact was recognized in two parts: ₹444 lakh in Q2 (Sep 30, 2025) for fixed assets and ₹297 lakh in Q3 (Dec 31, 2025) for inventories. The company has now gradually recommenced production operations.
Capital Structure Impact
- Paid-up Equity Share Capital remained unchanged at ₹1,062.03 lakh (Face Value ₹10 per share) for both standalone and consolidated entities.
- No change in share capital was reported for the period.
Cash Flow Implications - Standalone (FY26)
- Net cash used in operating activities: ₹86.835 lakh
- Net cash used in investing activities: ₹(2,867.41) lakh
- Net cash from financing activities: ₹1,934.54 lakh
- Net decrease in cash and cash equivalents: ₹(64.52) lakh
- Cash and cash equivalents at year-end: ₹13.33 lakh
Auditor's Opinion
The statutory auditor, Jain Chowdhary & Co., issued an unmodified opinion, stating that the audited financial results:
(i) are presented in accordance with SEBI LODR requirements, and
(ii) give a true and fair view in conformity with Indian Accounting Standards.
Additional Notes
- The company has only one reportable segment.
- The figures for the fourth quarter are derived as the balancing figure between the audited full-year figures and the published year-to-date figures up to the third quarter.
- Previous period figures have been regrouped and rearranged for comparison.