Financial Performance Highlights

Quarter Ended 31-03-2026 (Audited):

  • Revenue from Operations: ₹176.66 lakh
  • Interest Income/Other revenue: ₹167.26 lakh
  • Other Income: ₹9.39 lakh
  • Total Expenses: ₹181.95 lakh
  • Employee benefits Expense: ₹17.70 lakh
  • Finance Costs: ₹42.81 lakh
  • Depreciation and amortization Expense: ₹12.01 lakh
  • Impairment on Financial Instruments: ₹71.10 lakh
  • Other Expenditure: ₹38.33 lakh
  • Loss before tax: ₹5.30 lakh
  • Tax expenses: ₹45.00 lakh (Current Tax)
  • Net Loss for the quarter: ₹50.30 lakh
  • Earnings per share (Basic & Diluted): -₹1.42

Year Ended 31-03-2026 (Audited):

  • Total Revenue: ₹1,053.73 lakh
  • Interest Income/Other revenue: ₹995.83 lakh
  • Other Income: ₹57.91 lakh
  • Total Expenses: ₹600.25 lakh
  • Profit before tax: ₹453.48 lakh
  • Tax expenses: ₹126.57 lakh (Current Tax)
  • Net Profit for the year: ₹326.91 lakh
  • Earnings per share (Basic & Diluted): ₹9.25
  • Paid up equity share capital: ₹353.49 lakh (Face Value ₹10 per share)
  • Reserves: ₹3,730.63 lakh

Comparative Performance (Year-over-Year):

  • FY26 Net Profit: ₹326.91 lakh vs FY25: ₹297.88 lakh (9.7% increase)
  • FY26 Total Revenue: ₹1,053.73 lakh vs FY25: ₹1,313.89 lakh (19.8% decrease)
  • FY26 Impairment on Financial Instruments: ₹216.53 lakh vs FY25: ₹580.15 lakh

Balance Sheet Position (as of 31-03-2026)

  • Total Assets: ₹6,155.78 lakh
  • Financial Assets: ₹5,987.33 lakh
  • Cash and cash equivalents: ₹214.16 lakh
  • Bank Balances other than cash: ₹58.97 lakh
  • Loans: ₹4,908.17 lakh
  • Investments: ₹9.08 lakh
  • Other financial assets: ₹9.11 lakh
  • Non-Financial Assets: ₹168.45 lakh
  • Current Tax assets: ₹2.70 lakh
  • Property, Plant & Equipment: ₹853.16 lakh
  • Other non-financial assets: ₹79.41 lakh
  • Total Liabilities and Equity: ₹6,155.78 lakh
  • Financial Liabilities: ₹1,913.58 lakh (Borrowings)
  • Non-Financial Liabilities: ₹138.69 lakh
  • Equity: ₹4,084.12 lakh
  • Equity share capital: ₹353.49 lakh
  • Other equity: ₹3,730.63 lakh

Cash Flow Statement (FY 2025-2026)

  • Cash Flow from Operating Activities: ₹303.37 lakh
  • Cash Flow from Investing Activities: -₹72.35 lakh
  • Cash Flow from Financing Activities: -₹236.43 lakh
  • Net decrease in cash: ₹5.41 lakh
  • Cash at beginning of year: ₹219.57 lakh
  • Cash at end of year: ₹214.16 lakh

Related Party Transactions

Significant transactions with related parties during the year:

  • Unsecured loan received from Mansi Chhog Impex Chennai Ltd: ₹9,39,09,742 (outstanding as of 31-03-26)
  • Interest paid to Mansi Chhog Impex Chennai Ltd: ₹54,98,249
  • Unsecured loan received from Suvrat Bafna: ₹3,97,13,697 (outstanding)
  • Interest paid to various related parties totaling ₹1,07,67,861
  • Sitting Fees to Independent Director: ₹65,000
  • Chief Financial Officer remuneration: ₹3,00,000

Board Approval and Auditor Opinion

  • The results were approved by the Board of Directors at their meeting held on 30th May, 2026
  • Shri. ADIT S BAFNA, Managing Director, was authorized to sign and publish the results
  • Auditors (Sirohia & Co.) issued an unqualified opinion, stating the results give a true and fair view in conformity with applicable accounting standards
  • The audit was conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013