Board Meeting Details

The Board of Directors meeting was held on 29th May, 2026, commencing at 3:30 PM and concluding at 5:50 PM. The Audit Committee recommended the financial results, which were then approved by the Board.

Financial Results Overview

Standalone Financial Position (Amount in ₹ Lakhs):

  • Share Capital: Increased to ₹1,156.75 lakhs as of 31st March, 2026 (from ₹786.75 lakhs as of 31st March, 2025)
  • Reserves and Surplus: Increased significantly to ₹4,645.69 lakhs (from ₹230.11 lakhs)
  • Total Equity: ₹5,802.44 lakhs (from ₹1,016.86 lakhs)
  • Long-Term Borrowings: ₹1,349.32 lakhs (from ₹1,139.03 lakhs)
  • Short-Term Borrowings: ₹1,131.21 lakhs (from ₹970.26 lakhs)
  • Total Assets: ₹9,865.58 lakhs (from ₹4,502.52 lakhs)

Standalone Financial Performance for FY26 (Amount in ₹ Lakhs):

  • Total Income: ₹14,939.56
  • Total Expenses: ₹14,428.65
  • Profit Before Tax: ₹510.91
  • Tax Expense: ₹165.42
  • Profit After Tax: ₹345.50

Cash Flow Statement (Amount in ₹ Lakhs):

  • Net Cash from Operating Activities: (₹631.91)
  • Net Cash from Investing Activities: (₹3,704.50)
  • Net Cash from Financing Activities: ₹4,591.12
  • Net Increase in Cash: ₹254.71
  • Cash at End of Period: ₹258.67

Key Operational Highlights

  • IPO Completion: The company issued 37,00,000 equity shares of ₹10 each at a premium of ₹133 per share through an Initial Public Offer (IPO). The shares were listed on the SME Platform of BSE Limited on 14th October, 2025.
  • Net Proceeds from IPO: ₹4,440.08 lakhs (after issue expenses)
  • Capital Work-in-Progress: Increased to ₹1,990.17 lakhs (from ₹373.88 lakhs)
  • Long-Term Loans and Advances: Increased to ₹3,451.47 lakhs (from ₹1,315.30 lakhs)

Compliance and Other Disclosures

  • The financial results were prepared in accordance with Accounting Standards prescribed under the Companies Act, 2013.
  • The company is exempt from adopting Ind AS as it is listed on the SME Exchange.
  • There were no investor complaints pending as of 29th May, 2026.
  • The company has a single reportable business segment.
  • The impact of New Labour Codes effective from 21st November 2025 was assessed and found to be not material.
  • Loan Default Status: Total financial indebtedness stood at ₹2,480.54 lakhs, with no outstanding defaults as of the reporting date.