Meghna Infracon FY26 Results: Profit ₹559cr, Dividend ₹0.25/sh

Board Meeting Details

The Board of Directors meeting was held on Tuesday, May 26, 2026 from 11:00 AM to 11:40 AM.

Key Approvals

1. Approved audited standalone and consolidated financial results for quarter and year ended March 31, 2026

2. Recommended final dividend of ₹0.25 per share on 2,17,23,750 equity shares of ₹10 each for FY 2025-26, subject to shareholder approval at ensuing AGM

Record Date and Trading Window

The Record Date for dividend payment will be intimated later as per Regulation 42(1) of SEBI LODR.

Trading window was closed from April 1, 2026 to May 28, 2026 for declaration of financial results.

Emphasis of Matter by Auditors

Auditors issued modified opinion with two emphasis matters:

1. Company has not registered with Employee Provident Fund Organization despite meeting mandatory employee strength threshold, resulting in non-payment of PF contributions. Exact liability amount (including interest/penalties) not quantified. Provisions potentially understated.

2. Company has not made provision for gratuity as required under Payment of Gratuity Act, 1972 and Ind AS 19. No actuarial valuation conducted. Financial implications unascertained, potentially overstating net profit and understating provisions.

Consolidated Financial Results (₹ lakhs)

Income Statement

| Income from operations | 1,848.41 | 845.31 | 1,212.16 | 4,620.25 | 3,987.60 |

| Other income | 6.46 | 4.85 | 25.07 | 11.77 | 35.02 |

| Total income | 1,854.87 | 851.16 | 1,237.23 | 4,632.02 | 4,022.70 |

| Total expenses | 1,597.40 | 464.14 | 843.88 | 3,675.77 | 2,902.54 |

| Profit before tax | 257.47 | 387.03 | 393.35 | 956.25 | 1,120.16 |

| Tax expense | 80.91 | 277.16 | (22.09) | 396.76 | 141.21 |

| Net profit after tax | 176.56 | 109.87 | 415.44 | 559.49 | 978.95 |

| Total comprehensive income | 163.23 | 104.23 | 383.06 | 562.21 | 942.54 |

Per Share Data (₹)

| Basic EPS | 0.92 | 0.44 | 3.61 | 2.48 | 8.50 |

| Diluted EPS | 0.92 | 0.44 | 3.61 | 2.48 | 8.50 |

Standalone Financial Results (₹ lakhs)

| Total income | 914.10 | 375.94 | 415.62 | 1,246.31 | 1,200.65 |

| Profit before tax | 310.96 | 91.41 | 396.18 | 647.07 | 999.72 |

| Net profit after tax | 200.05 | 93.53 | 392.47 | 538.97 | 923.78 |

| Basic EPS | 0.92 | 0.44 | 3.61 | 2.48 | 8.50 |

Consolidated Balance Sheet (as at March 31, 2026)

Assets (₹ lakhs)

| Particulars | 31.03.2026 | 31.03.2025 |

| Non-current assets | 245.16 | 177.16 |

| Current assets | 5,526.56 | 3,329.59 |

| Total assets | 5,771.72 | 3,506.75 |

Liabilities (₹ lakhs)

| Particulars | 31.03.2026 | 31.03.2025 |

| Equity | 2,689.84 | 998.87 |

| Non-current liabilities | 129.83 | 314.33 |

| Current liabilities | 2,952.05 | 2,193.55 |

| Total equity & liabilities | 5,771.72 | 3,506.75 |

Standalone Balance Sheet (as at March 31, 2026)

| Particulars | 31.03.2026 | 31.03.2025 |

| Total assets | 3,843.41 | 2,369.63 |

| Total equity & liabilities | 3,843.41 | 2,369.63 |

Cash Flow Statements

Consolidated (₹ lakhs)

| Particulars | 2025-26 | 2024-25 |

| Net cash from operating activities | (2,475.88) | 1,825.98 |

| Net cash from investing activities | (112.03) | (187.77) |

| Net cash from financing activities | 3,020.30 | (1,607.61) |

| Net increase in cash | 432.39 | 30.60 |

Standalone (₹ lakhs)

| Particulars | 2025-26 | 2024-25 |

| Net cash from operating activities | (1,374.85) | 1,559.27 |

| Net cash from investing activities | 1,215.09 | (1,553.33) |

| Net cash from financing activities | 408.69 | 0.31 |

| Net increase in cash | 248.93 | 6.25 |

Segment Reporting

Consolidated Segment Revenue (₹ lakhs)

| Segment | Q4 FY26 | Q3 FY25 | Q4 FY25 | FY26 | FY25 |

| Investment activities | 88.00 | 358.61 | 125.24 | 1,433.86 | - |

| Real estate | 1,766.12 | 939.92 | 878.52 | 4,506.78 | 2,588.84 |

| Total | 1,766.12 | 1,298.53 | 1,003.76 | 5,940.64 | 2,588.84 |

Standalone Segment Revenue (₹ lakhs)

| Segment | Q4 FY26 | Q3 FY25 | Q4 FY25 | FY26 | FY25 |

| Investment activities | 0.00 | 160.13 | 68.71 | 37.25 | 478.44 |

| Real estate | 375.94 | 215.81 | 346.91 | 851.06 | 722.21 |

| Total | 375.94 | 375.94 | 415.62 | 888.31 | 1,200.65 |

Subsidiaries and Associates

Consolidated results include:

Meghna Infracon Infrastructure Limited (Holding Company)
Meghna Akar Construction LLP (Partnership firm)
Meghna Developers AOP (AOP)
Navkhanda Infracon LLP (LLP)
Meghna Infracon LLP (LLP)
Vikmegh Construction LLP (LLP)

Other Material Information

1. Board approved enhancement of remuneration for Vikram J Lodha, Whole Time Director, from ₹35,000 per month to ₹4,00,000 per month effective January 2026, subject to shareholder approval

2. Company operates in two segments: Investment and share trading, and Real Estate segment

3. Figures for quarters represent balancing figures between audited full year and published unaudited year-to-date figures

4. Previous year figures have been regrouped/reclassified for comparability