Mish Designs Limited held a Board Meeting on May 27, 2026, which commenced at 07:00 PM and concluded at 07:30 PM. The Board approved the Audited Financial Results for the half year and year ended March 31, 2026, prepared in accordance with Accounting Standards (AS) and SEBI Listing Regulations.

The financial results include a Statement of Assets & Liabilities and Cash Flow Statement. The Independent Auditors Report by Dinesh Jain & Co. (FRN: 102601W) was provided with an unmodified opinion pursuant to Regulation 33(3)(d) of SEBI LODR Regulations, 2015.

Key Financial Results (Standalone, Rupees in lakhs)

Revenue Performance:

  • Year ended March 31, 2026: Total Revenue ₹838.13 (Revenue from operations ₹836.52 + Other Income ₹1.61)
  • Year ended March 31, 2025: Total Revenue ₹1,810.14 (Revenue from operations ₹1,801.10 + Other Income ₹9.04)
  • Half-year ended March 31, 2026: Total Revenue ₹233.38 (Revenue from operations ₹232.34 + Other Income ₹1.04)
  • Half-year ended September 30, 2025 (Unaudited): Total Revenue ₹604.75
  • Half-year ended March 31, 2025 (Audited): Total Revenue ₹1,198.95

Expense Breakdown (Year ended March 31, 2026):

  • Cost of Material Consumed: ₹793.01
  • Change in Inventories: (₹251.52)
  • Employee Benefit Expenses: ₹98.32
  • Finance Costs: ₹30.32
  • Depreciation and Amortisation: ₹14.83
  • Other Expenses: ₹258.43
  • Total Expenses: ₹943.39

Profit/(Loss):

  • Profit/(Loss) before tax (FY26): (₹105.26) vs FY25: ₹120.26
  • Total Tax Expenses (FY26): (₹2.06) [Current Year Tax: ₹0.00; Deferred Tax: (₹2.06)] vs FY25: ₹31.27
  • Net Profit/(Loss) from continuing operations (FY26): (₹103.20) vs FY25: ₹88.99
  • Net Profit/(Loss) for the period (FY26): (₹103.20) vs FY25: ₹88.99

Earnings Per Share (based on weighted average number of shares):

  • Basic EPS (FY26): (₹3.24) vs FY25: ₹3.03
  • Diluted EPS (FY26): (₹3.24) vs FY25: ₹3.03

Capital Structure:

  • Paid-up equity share capital (₹10 per share): ₹318.30 lakh (unchanged from previous year)
  • Reserve & Surplus of previous year (FY26): ₹1,473.67 vs FY25: ₹864.48

Cash Flow Statement (Year ended March 31, 2026)

  • Cash used in operating activities: (₹518.95) lakh
  • Cash used in investing activities: (₹31.79) lakh (Purchase of property, plant & equipment)
  • Cash from financing activities: ₹526.60 lakh [Proceeds from Issue of Equity Shares (Incl. Securities Premium): ₹558.50; Proceeds from Short Term Borrowings: ₹480.60; Repayment of Unsecured Loan from related parties: ₹89.12; Repayment of Secured Loans: (₹4.80); Repayment of Unsecured loans from others: (₹5.86); Finance cost: (₹30.33)]
  • Net cash flow during period: (₹24.14) lakh
  • Closing cash and cash equivalents: ₹51.28 lakh (Cash on hand: ₹44.82; Balances with banks: ₹30.61; Fixed Deposit with bank: ₹20.37)

Additional Information

  • The company is engaged in manufacturing and trading of garments (single business segment)
  • The financial results were reviewed by the Audit Committee and approved by the Board on May 27, 2026
  • Figures for half year ended March 31, 2026 are balancing figures from audited year ended March 31, 2026 and unaudited half year ended September 30, 2025
  • The results have been disseminated on the company's website at https://mishindia.com/investor-relations/
  • The auditor's report confirms the financial results comply with Regulation 33 requirements and give a true and fair view
  • A declaration confirms the Auditor's Reports are unmodified and without any qualifications

Governance

  • Chairman & Managing Director: Kaushal Goenka (DIN: 02446587)
  • Company Secretary and Compliance Officer: Namrata Teli
  • Auditor: Dinesh Jain & Co., Chartered Accountants (Sajag Jogani, Partner)