Key Decisions and Approvals

The Board considered and approved the Audited Financial Results for the quarter and financial year ended 31st March, 2026. They also took note of the Audit Report. The statutory auditors, M/s Chitranjan Agarwal & Associates (Firm Reg. No. 029812N), issued an audit report with an unmodified opinion on these financial results.

Financial Results Overview (Standalone, Rs. in Lakhs)

Quarter Ended 31.03.2026 (Audited):

  • Revenue from Operations: ₹135.15
  • Other Income: ₹2.63
  • Total Revenue: ₹137.78
  • Total Expenses: ₹152.77
  • Loss Before Tax: ₹(14.99)
  • Tax Expense: ₹20.99 (Current Tax: ₹20.40, Deferred Tax: ₹0.59)
  • Net Loss for the Period: ₹(35.98)
  • Basic and Diluted EPS: ₹(0.00)

Financial Year Ended 31.03.2026 (Audited):

  • Revenue from Operations: ₹826.66
  • Other Income: ₹22.15
  • Total Revenue: ₹843.81
  • Total Expenses: ₹729.72
  • Loss Before Tax: ₹(119.10)
  • Tax Expense: ₹20.99 (Current Tax: ₹20.40, Deferred Tax: ₹0.59)
  • Net Loss for the Year: ₹(98.12)
  • Basic and Diluted EPS: ₹(0.63)
  • Face Value per Equity Share: ₹10.00
  • Reserves excluding Revaluation Reserves: ₹1,797.89

Segment Reporting (Rs. in Lakhs)

For FY Ended 31.03.2026:

  • Real Estate Segment Revenue: ₹769.57; Segment Result: ₹159.14 profit; Capital Employed: ₹2,675.58
  • Finance Segment Revenue: ₹63.40; Segment Result: ₹63.40 profit; Capital Employed: ₹681.25
  • Shares Segment Revenue: ₹15.84; Segment Result: ₹15.84 profit; Capital Employed: ₹1.98

Balance Sheet Highlights (as of 31.03.2026, Rs. in Lakhs)

  • Total Assets: ₹3,748.35
  • Inventories: ₹1,839.93
  • Cash and Cash Equivalents: ₹259.47
  • Loans (current): ₹683.40
  • Other Current Financial Assets: ₹849.96
  • Total Equity: ₹3,358.81 (Equity Share Capital: ₹1,560.92, Other Equity: ₹1,797.89)
  • Total Liabilities: ₹389.54
  • Borrowings, non-current: ₹364.50
  • Borrowings, current: ₹5.00
  • Other Current Financial Liabilities: ₹4.64
  • Provisions, current: ₹20.40

Cash Flow Statement (FY Ended 31.03.2026, Rs. in Lakhs)

  • Net Cash Flow from Operating Activities: ₹442.39
  • Net Cash Flow from Investing Activities: ₹173.26
  • Net Cash Flow from Financing Activities: ₹(365.78)
  • Net Increase in Cash & Cash Equivalents: ₹249.87
  • Cash & Cash Equivalents at year-end: ₹259.47

Compliance and Additional Disclosures

  • The PAN of designated person(s), frozen w.e.f. 1st April 2026, will be unfrozen by NSDL 48 hours after the announcement of results, i.e., on Friday, 29th May 2026.
  • The company declared nil outstanding qualified borrowings at the start and end of the financial year, with no incremental qualified borrowing during the year.
  • Total financial indebtedness including short-term and long-term debt stood at ₹3.64 crore as on date, with no defaults on loans or debt securities.

Related Party Transactions (1st October 2025 to 31st March 2026)

  • Remuneration to Naveen Narang (KMP): ₹12.00 lakh
  • Remuneration to Sonali Mathur (KMP): ₹3.60 lakh
  • Loan to Pitampura Leasing & Housing Finance Ltd (KMP Controlled Enterprise): Repayment of ₹65.00 lakh, closing balance nil
  • Interest Paid to Pitampura Leasing & Housing Finance Ltd: ₹1.04 lakh
  • Investments in various KMP Controlled and Strategic Investment enterprises remained unchanged during the period.

Documents and Availability

The Audited Financial Results and Audit Report are marked as Annexure-I and Annexure-II, respectively. The results are also available on the company's website (www.maxheights.com) and on BSE Limited (www.bseindia.com).