Board Meeting Details
The Board of Directors meeting commenced at 1:00 PM and concluded at 3:00 PM on 28th October 2026. The Board considered and approved the Un-audited Financial Results of the Company for the quarter ended 30th September 2026, which were reviewed by the Statutory Auditors.
Financial Results Overview
Quarter Ended 30th September 2026 (Unaudited):
- Total Income: ₹158.38 lakh
- Revenue from Operations: ₹2.84 lakh
- Other Income: ₹155.54 lakh
- Total Expenditure: ₹108.55 lakh
- Profit from Operations before Exceptional Items: ₹49.83 lakh
- Tax Expense: ₹13.87 lakh
- Net Profit for the period: ₹35.96 lakh
- Other Comprehensive Income (Item not reclassified to profit or loss): ₹2,571.53 lakh
- Income tax relating to OCI: ₹(367.73) lakh
- Total Comprehensive Income for the period: ₹2,239.76 lakh
- Basic and Diluted EPS: ₹0.70
Half-Year Ended 30th September 2026 (Unaudited):
- Total Income: ₹585.84 lakh
- Revenue from Operations: ₹65.09 lakh
- Other Income: ₹520.75 lakh
- Total Expenditure: ₹250.97 lakh
- Profit from Operations before Exceptional Items: ₹334.87 lakh
- Tax Expense: ₹57.87 lakh
- Net Profit for the period: ₹277.00 lakh
- Other Comprehensive Income (Item not reclassified to profit or loss): ₹2,571.53 lakh
- Income tax relating to OCI: ₹(367.73) lakh
- Total Comprehensive Income for the period: ₹2,480.80 lakh
- Basic and Diluted EPS: ₹5.37
Comparative Figures
Quarter Ended 30th September 2025 (Unaudited):
- Net Profit: ₹58.84 lakh
- Basic and Diluted EPS: ₹1.14
Half-Year Ended 30th September 2025 (Unaudited):
- Net Profit: ₹143.35 lakh
- Basic and Diluted EPS: ₹2.78
Year Ended 31st March 2026 (Audited):
- Net Profit: ₹189.92 lakh
- Basic and Diluted EPS: ₹3.68
Balance Sheet Position (as at 30th September 2026)
- Total Assets: ₹12,482.08 lakh (vs. ₹9,533.53 lakh as at 31st March 2026)
- Non-Current Assets: ₹11,218.75 lakh (including Property, Plant and Equipment: ₹4,550.65 lakh; Capital Work in Progress: ₹1,098.85 lakh; Financial Assets: ₹5,556.22 lakh)
- Current Assets: ₹1,263.33 lakh
- Total Equity: ₹8,729.30 lakh (vs. ₹5,882.32 lakh as at 31st March 2026)
- Equity Share Capital: ₹540.39 lakh (unchanged)
- Other Equity: ₹8,188.91 lakh (including Revaluation Reserves: ₹3,381.77 lakh)
- Total Liabilities: ₹3,752.78 lakh
Cash Flow Statement (Half-Year Ended 30th September 2026)
- Net Cash from Operating Activities: ₹(186.73) lakh
- Net Cash from Investing Activities: ₹50.79 lakh
- Net Cash from Financing Activities: ₹(1.88) lakh
- Net Change in Cash & Cash Equivalents: ₹(137.82) lakh
- Closing Cash & Cash Equivalents: ₹67.12 lakh
Financial Ratios
Debt Equity Ratio: 0.20
Debt Service Coverage Ratio (DSCR): 53.33 (Quarter), 178.45 (Half-Year)
Interest Service Coverage Ratio (ISCR): 167.10 (Quarter), 541.11 (Half-Year)
Related Party Transactions (Half-Year Ended September 30, 2026)
Total related party transactions amounted to ₹25.40 lakh, including:
- Director & KMP's Remuneration: ₹9.90 lakh (Cedar Nath Fatehpuria: ₹4.50 lakh; Manish Fatehpuria: ₹5.40 lakh)
- Expenses to relatives of KMP: ₹13.20 lakh (Licenses Rent: ₹2.50 lakh; Salary expenses: ₹10.80 lakh)
- Donation to Kedai Nath Fatehpuria Foundation: ₹2.20 lakh
Additional Information
- The company operates in a single business segment: Real Estate
- No investor grievances were pending at the beginning, received during, or pending at the end of the quarter
- None of the Director/Promoter shares are pledged/encumbered
- The financial results were prepared in accordance with Ind AS prescribed under Section 133 of the Companies Act, 2013
- Tax is calculated on a financial yearly basis
- The company does not have any associates/subsidiary companies
Auditor's Review
SD and Associates, Chartered Accountants (Firm Registration No. 016223C), issued a limited review report stating that nothing has come to their attention that causes them to believe that the accompanying statement of unaudited financial results has not disclosed the information required to be disclosed in terms of Regulation 33 of SEBI (LODR) Regulations, 2015.