Key Financial Figures

  • Revenue from Operations: ₹3,56,401,432.23 (FY26) vs ₹3,61,956,268.81 (FY25)
  • EBIDTA: ₹2,07,43,412.37 (FY26)
  • Profit Before Tax: ₹39,73,437.34 (FY26) vs ₹25,83,327.13 (FY25)
  • Net Profit: ₹39,73,437.34 (FY26) vs ₹18,03,327.13 (FY25)
  • Total Comprehensive Income: ₹39,73,437.34 (FY26) vs ₹18,03,327.13 (FY25)
  • Earnings Per Share: ₹0.51 (FY26) vs ₹0.23 (FY25)
  • Paid-up Share Capital: ₹7,86,35,000 (78,63,500 equity shares of ₹10 each)
  • Market Capitalization: ₹5,26,85,450 (as of March 31, 2026)

Segment-wise Performance

  • Travels Unit Revenue: ₹205.53 lakh
  • Petrol Unit Revenue: ₹155.93 lakh
  • Total Sales: ₹3614.69 lakh

Dividend Declaration

No dividend recommended for FY 2025-26 due to requirements of funds for business operations.

Annual General Meeting Details

  • 33rd AGM Date: Saturday, September 19, 2026
  • Time: 11:00 AM (IST)
  • Venue: Registered Office at "Mahasagar House", Jayshree Talkies Road, Kalwa Chowk, Junagadh, Gujarat-362001
  • Business to be transacted:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026

2. Re-appointment of Ms. Kavita A. Bachani (DIN: 07310630) who retires by rotation

Board of Directors

  • Mr. Rajiv N. Mehta - Non-Executive Independent Director, Chairman
  • Mr. Bhagchand G. Sukhwani - Managing Director & CEO
  • Mr. Prakashbhai K. Kakkad - Executive Director & CFO
  • Mr. Ravi S. Karia - Non-Executive Director
  • Ms. Kavita A. Bachani - Non-Executive Director
  • Ms. Deepaben Dharmdasbhai Tejvani - Independent & Non-Executive Director
  • Mr. Jasubhai N. Barevadia - Independent & Non-Executive Director
  • Mr. Abhay J. Sukhwani - Non-Executive Director

Key Managerial Personnel

  • Mr. Bhagchand G. Sukhwani - Managing Director, CEO
  • Mr. Prakashbhai Kanjibhai Kakkad - Chief Financial Officer
  • Mr. Chirag I. Sangatani - Company Secretary & Compliance Officer

Capital Structure

Total paid-up share capital stood at ₹7,86,35,000 consisting of 78,63,500 equity shares of ₹10 each. No change in capital structure during the year under review.

Corporate Governance

  • Seven Board meetings held during FY 2025-26
  • Separate meeting of Independent Directors held on March 28, 2026
  • Four statutory committees constituted: Audit Committee, Nomination and Remuneration Committee, Risk Management Committee, and Stakeholders Relationship Committee
  • The company complied with most corporate governance requirements except newspaper advertisement of financial results (Regulation 47)

Regulatory Compliance Issues

  • Failed to advertise financial results in newspaper for all quarters of FY 2025-26 (Regulation 47 violation)
  • Late payment of annual listing fees to BSE for FY 2025-2026 (paid on June 24, 2025)
  • Outstanding statutory dues: Professional tax (₹3,29,570), Provident Fund (₹1,04,329), and Income Tax (₹79,881.63)

Related Party Transactions

Transactions with related parties were in ordinary course of business and at arm's length basis, primarily involving:

  • Commission payments to booking agents (15% on gross ticket value)
  • Vehicle hire charges
  • Office rentals
  • Profit sharing from partnership firms

Shareholding Pattern

  • Promoter & Promoter Group: 32.31% (25,40,400 shares)
  • Public Shareholders: 66.01% (51,91,100 shares)
  • Bodies Corporate: 1.42% (1,11,500 shares)
  • Total shareholders: 4,074

Dematerialization Status

  • Registrar & Transfer Agent: MUFG Intime India Private Limited
  • Connectivity with both NSDL and CDSL depositories

Important Dates

  • Book Closure: September 12, 2026 to September 19, 2026 (both days inclusive)
  • E-voting Period: September 16, 2026 (9:00 AM) to September 18, 2026 (5:00 PM)
  • Cut-off Date for E-voting: September 11, 2026

Risk Factors

  • Fluctuation in petroleum product prices impacting profitability
  • High attrition rate among drivers affecting employee cost structure
  • Competitive pressure in both travel and petroleum segments

Auditor's Opinion

  • Statutory Auditor issued unmodified opinion on financial statements
  • Secretarial Auditor reported non-compliance with Regulation 47 (newspaper advertisement of financial results)
  • No fraud reported by auditors during the year under review