Financial Results (Rs. in lakhs, except per share data)

Quarter Ended March 31, 2026 (Audited)

  • Revenue from Operations: ₹44.69
  • Other Income: ₹1,384
  • Total Income: ₹58.53
  • Total Expenses: ₹59.60
  • Loss before tax: ₹(1.07)
  • Tax Expense: ₹(2.52)
  • Net Profit: ₹1.45
  • Basic EPS: ₹0.01
  • Diluted EPS: ₹0.01

Year Ended March 31, 2026 (Audited)

  • Revenue from Operations: ₹267.64
  • Other Income: ₹5,783
  • Total Income: ₹325.46
  • Total Expenses: ₹316.84
  • Profit before tax: ₹8.62
  • Tax Expense: ₹0.00
  • Net Profit: ₹8.62
  • Basic EPS: ₹0.09
  • Diluted EPS: ₹0.09

Comparative Figures Year Ended March 31, 2025 (Audited)

  • Revenue from Operations: ₹3,473.83
  • Other Income: ₹60.02
  • Total Income: ₹3,533.85
  • Total Expenses: ₹3,522.71
  • Profit before tax: ₹11.15
  • Tax Expense: ₹5.68
  • Net Profit: ₹5.46
  • Basic EPS: ₹0.05
  • Diluted EPS: ₹0.05

Balance Sheet Position as at 31st March, 2026 (Rs. in lakhs)

Assets

  • Non-Current Assets: ₹1,821.80
  • Loans: ₹1,717.79
  • Other Non-Current Assets: ₹103.90
  • Property, Plant and Equipment: ₹0.12
  • Current Assets: ₹394.00
  • Inventories: ₹230.55
  • Cash and Cash Equivalents: ₹157.13
  • Bank Balances: ₹2.52
  • Other Current Assets: ₹3.80
  • Total Assets: ₹2,215.81

Liabilities and Equity

  • Equity Share Capital: ₹1,000.00
  • Other Equity: ₹1,196.99
  • Total Equity: ₹2,196.99
  • Non-Current Liabilities: ₹15.56
  • Borrowings: ₹15.56
  • Current Liabilities: ₹3.26
  • Trade Payables: ₹3.02
  • Other Financial Liabilities: ₹0.23
  • Total Liabilities and Equity: ₹2,215.81

Cash Flow Statement for Year Ended 31st March, 2026 (Rs. in lakhs)

  • Net Cash from Operating Activities: ₹(240.18)
  • Net Cash from Investing Activities: ₹290.06
  • Net Cash from Financing Activities: ₹(48.77)
  • Net Increase in Cash: ₹1.11
  • Cash Opening Balance: ₹1.41
  • Cash Closing Balance: ₹2.52

Auditor's Emphasis of Matters

The statutory auditor, S K Bhavsar & Co., issued an unmodified opinion but highlighted several significant matters:

1. Trade Receivables and Payables Verification: Management did not furnish balance confirmation letters, party-wise reconciliation statements, and age-wise analysis for certain Trade Receivable and Trade Payable balances outstanding as at 31st March, 2026. Unable to verify existence, completeness, accuracy, and recoverability of said balances.

2. Inventory Valuation: Not provided with satisfactory supporting documents for completeness of inventory valuation as on 31st March 2026.

3. Internal Auditor Non-Appointment: Company did not appoint an Internal Auditor for the entire Financial Year 2025-26, constituting non-compliance with Section 138 of Companies Act, 2013 read with Rule 13 of Companies (Accounts) Rules, 2014.

4. Loan Verification: Company granted loans for which confirmations and supporting loan agreements were not made available for verification. Unable to verify accuracy, recoverability and interest-free nature of these loans.

The impact of these matters on the financial results is not presently ascertainable.

Approval Process

The results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on May 27, 2026.