Board Meeting Details
The Board of Directors meeting was held on Tuesday, 26th May 2026, commencing at 7:00 PM IST and concluding at 10:20 PM IST.
Key Approvals
The Board approved:
1. Audited standalone financial results for quarter and financial year ended March 31, 2026
2. Audited consolidated financial results for quarter and financial year ended March 31, 2026
3. Auditors' report with unmodified opinion on both standalone and consolidated financial results
Financial Results - Standalone (Amount in ₹ Lakhs)
Income Statement Highlights:
- Revenue from operations: Q4 FY26: ₹27.00, FY26: ₹108.00 (vs FY25: ₹18.00)
- Other income: Q4 FY26: ₹11.17, FY26: ₹67.15 (vs FY25: ₹70.00)
- Total revenue: Q4 FY26: ₹38.17, FY26: ₹175.15 (vs FY25: ₹88.00)
- Employee benefits expense: FY26: ₹26.05 (vs FY25: ₹2.86)
- Financial cost: FY26: ₹13.43 (vs FY25: ₹5.43)
- Depreciation: FY26: ₹0.37 (vs FY25: ₹0.03)
- Other expenses: FY26: ₹25.05 (vs FY25: ₹39.52)
- Profit before tax: FY26: ₹110.25 (vs FY25: ₹40.16)
- Tax expenses: FY26: ₹29.21 current tax + ₹10.93 short provision = ₹40.14 total
- Profit for the period: FY26: ₹70.10 (vs FY25: ₹40.16)
Key Metrics:
- Paid-up equity share capital: ₹2,199.50 lakhs (vs FY25: ₹2,118.50 lakhs)
- Face value per share: ₹10.00
- Other equity: ₹2,760.13 lakhs (vs FY25: ₹2,455.13 lakhs)
- Basic EPS: ₹0.32 for FY26
- Diluted EPS: ₹0.32 for FY26
Balance Sheet - Standalone (as of March 31, 2026)
- Total assets: ₹5,022.02 lakhs (vs FY25: ₹4,575.72 lakhs)
- Non-current assets: ₹3,247.39 lakhs (including intangible assets ₹1,747.69 lakhs, investments ₹10.00 lakhs, other financial assets ₹1,760.67 lakhs)
- Current assets: ₹3,261.34 lakhs (including cash ₹5.97 lakhs)
- Total equity: ₹4,959.63 lakhs
- Non-current liabilities: ₹6.01 lakhs (borrowings)
- Current liabilities: ₹56.37 lakhs
Cash Flow - Standalone
- Net cash from operating activities: (₹1,657.13) lakhs
- Net cash from investing activities: ₹1,340.57 lakhs
- Net cash from financing activities: ₹308.57 lakhs
- Net decrease in cash: (₹8.00) lakhs
- Closing cash balance: ₹5.97 lakhs
Financial Results - Consolidated (Amount in ₹ Lakhs)
Income Statement Highlights:
- Revenue from operations: Q4 FY26: ₹116.88, FY26: ₹255.78 (vs FY25: ₹50.39)
- Other income: Q4 FY26: ₹10.50, FY26: ₹69.80 (vs FY25: ₹70.00)
- Total revenue: Q4 FY26: ₹127.39, FY26: ₹325.58 (vs FY25: ₹120.39)
- Employee benefits expense: FY26: ₹57.56 (vs FY25: ₹20.05)
- Financial cost: FY26: ₹24.92 (vs FY25: ₹7.64)
- Depreciation: FY26: ₹16.23 (vs FY25: ₹7.38)
- Other expenses: FY26: ₹74.11 (vs FY25: ₹41.23)
- Profit before tax: FY26: ₹152.77 (vs FY25: ₹44.09)
- Tax expenses: FY26: ₹41.43 current tax + ₹10.80 short provision = ₹52.23 total
- Profit for the period: FY26: ₹100.54 (vs FY25: ₹42.79)
Key Metrics:
- Paid-up equity share capital: ₹2,199.50 lakhs
- Other equity: ₹2,860.01 lakhs (vs FY25: ₹2,457.76 lakhs)
- Basic EPS: ₹0.46 for FY26
- Diluted EPS: ₹0.46 for FY26
Balance Sheet - Consolidated (as of March 31, 2026)
- Total assets: ₹5,406.69 lakhs (vs FY25: ₹4,677.65 lakhs)
- Current assets: ₹929.29 lakhs (including cash ₹12.87 lakhs)
- Total equity: ₹5,059.51 lakhs
- Non-current liabilities: ₹134.56 lakhs (borrowings)
- Current liabilities: ₹212.62 lakhs
Cash Flow - Consolidated
- Net cash from operating activities: ₹183.86 lakhs
- Net cash from investing activities: (₹719.90) lakhs
- Net cash from financing activities: ₹441.45 lakhs
- Net decrease in cash: (₹94.55) lakhs
- Closing cash balance: ₹12.87 lakhs
Corporate Developments
- The company changed its name from Jyothi Infraventures Limited to Mizzen Ventures Limited, approved by ROC on 17th October 2024 following EGM on 11th September 2024.
- The company allotted 8,10,000 fully convertible warrants of ₹10 each at issue price of ₹52 per warrant on preferential basis to non-promoters.
- The company operates in one reportable business segment as per Ind AS 108.