Key Business Approved

1. Approval of Audited Financial Results: The Board approved the Standalone Audited Financial Results for the fourth quarter and year ended March 31, 2026, along with the Auditor's Report, Balance Sheet, Statement of Profit & Loss, and Notes to Accounts. The auditor, Krishan Rakesh & Co., issued an unmodified opinion.

2. Appointment of Internal Auditor: The Board appointed M/s Chandni Singla & Associates, Chartered Accountants, Delhi (Firm Registration Number: 031994N), as the Internal Auditor for the Financial Year 2026-27. The appointment is effective from May 25, 2026.

3. Statement of Deviation and Variation: The Board noted the Statement of Deviation and Variation as per Clause 32(1) for the quarter ended March 31, 2026, which reported no deviation.

Detailed Financial Results (Amount in Lakhs, except EPS)

Quarterly Performance (Q4 FY26)

  • Revenue from Operations: ₹335.66
  • Other Income: ₹10.98
  • Total Revenue: ₹346.64
  • Total Expenses: ₹311.68
  • Profit Before Tax (PBT): ₹34.96
  • Tax Expense: ₹8.69 (Current Tax: ₹9.29; Deferred Tax: ₹(0.60))
  • Net Profit for the Period: ₹26.27
  • Earnings Per Share (EPS) (Basic & Diluted): ₹0.10

Annual Performance (FY26)

  • Revenue from Operations: ₹1,479.43
  • Other Income: ₹76.22
  • Total Revenue: ₹1,555.65
  • Total Expenses: ₹1,508.58
  • Profit Before Tax (PBT): ₹47.07
  • Tax Expense: ₹11.84 (Current Tax: ₹12.44; Deferred Tax: ₹(0.60))
  • Net Profit for the Period: ₹35.23
  • Earnings Per Share (EPS) (Basic & Diluted): ₹0.14

Comparative Figures (Q4 FY25 & FY25)

  • Q4 FY25 Net Profit: ₹0.47 lakh; EPS: ₹0.01
  • FY25 Net Profit: ₹5.29 lakh; EPS: ₹0.16

Balance Sheet Highlights (as of March 31, 2026)

  • Paid-up Equity Share Capital: ₹2,564.75 lakh
  • Reserves: ₹1,288.38 lakh
  • Total Equity: ₹3,853.13 lakh
  • Non-Current Assets: ₹3,171.41 lakh (including Property, Plant & Equipment: ₹67.77 lakh; Capital Work-in-Progress: ₹3,068.25 lakh)
  • Current Assets: ₹1,166.09 lakh
  • Total Assets: ₹4,337.50 lakh
  • Current Liabilities: ₹484.38 lakh
  • Total Liabilities: ₹484.38 lakh

Cash Flow Statement (FY26)

  • Net Cash from Operating Activities: ₹182.47 lakh
  • Net Cash Used in Investing Activities: ₹(3,049.60) lakh (primarily due to CWIP investment of ₹3,068.25 lakh)
  • Net Cash from Financing Activities: ₹2,914.74 lakh (primarily from increase in share capital: ₹2,230.00 lakh and share premium: ₹1,115.00 lakh)
  • Net Increase in Cash & Equivalents: ₹47.61 lakh

Segment-Wise Performance (FY26)

The company operates in two segments:

1. E.V. Sector & Others: Revenue of ₹1,349.61 lakh; Segment Result (Loss) of ₹(68.51) lakh

2. Infrastructure Business: Revenue of ₹129.83 lakh; Segment Result (Profit) of ₹121.47 lakh

Statement of Deviation/Variation

For the preferential issue of ₹34.50 crores, the company received ₹25.08 crores (75% conversion money) during the quarter ended September 30, 2025. The statement confirms there is no deviation or variation in the utilization of these funds, which were raised for working capital requirements, capital expenditure, and general corporate purposes.