Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting
Date of Board Meeting / Approval: May 30, 2026
Audit Opinion: Un-modified opinion for Audited Financial Results for year ended March 31, 2026
Auditor's Comment: Emphasis of Matters regarding Resolution Plan implementation, investments in subsidiaries, and claims recognition
Key Financial Highlights [Rs. in Lakhs]
Standalone Results:
Revenue from Operations: ₹3,838 (Q4 FY26), ₹12,231 (FY26)
Total Income: ₹9,218 (Q4 FY26), ₹21,214 (FY26)
Net Profit: ₹81 (Q4 FY26), ₹923 (FY26)
EPS after Exceptional Items: ₹0.06 (Q4 FY26), ₹0.63 (FY26)
Other Equity: ₹121,190 (as at March 31, 2026)
Cash and Cash Equivalents: ₹438 (as at March 31, 2026)
Debt: Borrowings ₹68,444 (Non-current) + ₹4,795 (Current) = ₹73,239 total (as at March 31, 2026)
Consolidated Results:
Revenue from Operations: ₹5,218 (Q4 FY26), ₹17,606 (FY26)
Total Income: ₹10,946 (Q4 FY26), ₹27,159 (FY26)
Net Profit/(Loss): (₹846) (Q4 FY26), (₹2,263) (FY26)
EPS after Exceptional Items: (₹0.57) (Q4 FY26), (₹1.53) (FY26)
Other Equity: ₹80,347 (as at March 31, 2026)
Cash and Cash Equivalents: ₹1,120 (as at March 31, 2026)
Segment-wise Performance:
The Company's operations consist of construction/project activities with no other reportable segments under Indian Accounting Standard 108.
Corporate Actions:
- Allotted 14,50,000 equity shares of ₹10 each to SMHDKG LLP (promoter group entity) pursuant to Resolution Plan approved under IBC
- Paid-up capital increased from ₹154,42,92,560 to ₹155,87,92,560
- Promoter and promoter group shareholding increased to 74.57% post-allotment
Other Significant Information:
- Exceptional item of ₹13 lakhs recognized due to impact of New Labour Codes on employee benefits
- Non-current investments of ₹27,599 lakhs in wholly-owned subsidiaries whose net worth doesn't represent true market value
- Multiple subsidiaries involved in arbitration/litigation proceedings regarding terminated projects
- Suratgarh Bikaner Toll Road Company Private Limited under Corporate Insolvency Resolution Process (CIRP) since December 01, 2025