Key Financial Figures (Standalone)

  • Revenue from Operations: ₹175.15 lakhs (FY25: ₹88.00 lakhs) - 99.03% increase
  • Profit Before Tax: ₹110.25 lakhs (FY25: ₹40.16 lakhs)
  • Tax Expense: ₹40.14 lakhs (including deferred tax) (FY25: ₹0)
  • Profit After Tax: ₹70.10 lakhs (FY25: ₹40.16 lakhs) - 74.55% increase
  • Total Comprehensive Income: ₹70.10 lakhs (FY25: ₹40.16 lakhs)

Key Financial Figures (Consolidated)

  • Revenue from Operations: ₹325.58 lakhs (FY25: ₹120.39 lakhs) - 170.43% increase
  • Profit Before Tax: ₹152.77 lakhs (FY25: ₹44.09 lakhs)
  • Tax Expense: ₹52.23 lakhs (FY25: ₹1.30 lakhs)
  • Profit After Tax: ₹100.54 lakhs (FY25: ₹42.79 lakhs) - 135.01% increase
  • Total Comprehensive Income: ₹100.54 lakhs (FY25: ₹42.79 lakhs)

Capital Structure Changes

  • Preferential Allotment: On March 30, 2026, the Board allotted 8,10,000 equity shares upon conversion of convertible warrants
  • Issue Price: ₹39 per equity share (₹10 face value + ₹29 premium)
  • Total Proceeds: ₹315.90 lakhs
  • Purpose: Investing in and granting loans to companies for future expansion plans, financing growth opportunities, and meeting working capital requirements
  • Post-Allotment Paid-up Capital: ₹21,99,50,000 divided into 2,19,95,000 equity shares of ₹10 each
  • Authorized Share Capital: ₹22,10,00,000 divided into 2,21,00,000 equity shares of ₹10 each

Dividend

No dividend recommended for the financial year ended March 31, 2026.

Annual General Meeting Details

  • Date: Wednesday, September 30, 2026
  • Time: 10:30 AM (IST)
  • Mode: Video Conferencing/Other Audio-Visual Means
  • Business:
  • Item 1: To receive, consider and adopt audited standalone & consolidated financial statements for FY 2025-26
  • Item 2: To reappoint Mrs. Kripa Anand Rajput (DIN: 11025448) as Whole-time director retiring by rotation

Board of Directors & Key Managerial Personnel

  • Sandeep Dsilva: Chairman, Managing Director & CFO (DIN: 09040813)
  • Om Kantimohan Mishra: Whole-time director (DIN: 11024748)
  • Kripa Anand Rajput: Whole-time director (DIN: 11025448)
  • Anilkumar Mohanraj Marlecha: Non-Executive Independent Director (DIN: 08193193)
  • Reshma Dagdu Wadkar: Non-Executive Independent Director (DIN: 09394615)
  • Kumudini Jitendra Tiwari: Non-Executive Independent Director (DIN: 11024743)
  • Pallavi Ronit Passwala: Company Secretary & Compliance Officer

Regulatory Compliance Observations

The Secretarial Audit Report noted the following compliance issues:

1. Delayed Submission: Annual Report for FY 2024-25 submitted to stock exchange with 26 days delay - fine of ₹61,360 (including GST) paid to BSE

2. Dividend Policy: Dividend Distribution Policy not disclosed in FY 2024-25 Annual Report or hosted on website as required by Regulation 43A of SEBI LODR

3. Financial Results Delay: Unaudited Financial Results for Q1 FY26 (ended June 30, 2025) approved and submitted on September 5, 2025, against due date of August 14, 2025

4. Structured Digital Database: Created but not maintained and updated as required by Regulation 3(5) of SEBI (Prohibition of Insider Trading) Regulations, 2015

Business Operations

The Company is engaged in processing support services to the shipping domain (maritime technology and Software-as-a-Service segment). There was no change in the nature of business during the financial year.

Subsidiaries

The Company has subsidiary companies (including Mizzen Digital Private Limited and Mizzen Digital DMCC) whose financial statements have been consolidated. No company became or ceased to be a subsidiary during the year.

Corporate Developments

  • Name Change: Company name changed from "Jyothi Infraventures Limited" to "Mizzen Ventures Limited" during the year
  • Registered Office Shift: Members approved shifting of registered office from Telangana to Maharashtra (application pending with Regional Director)
  • Management Change: New directors and key managerial personnel appointed during the year consequent to change in management and control

Share Transfer Agents

XL Softech Systems Ltd., Hyderabad

Key Ratios (Standalone)

  • Operating Profit Margin: 62.94% (FY25: 45.64%)
  • Net Profit Margin: 40.02% (FY25: 45.64%)
  • Return on Net Worth: Improved over previous year

Important Dates

  • AGM Date: September 30, 2026
  • Record Date: September 23, 2026 (for e-Voting)
  • Register Closure: September 24, 2026 to September 30, 2026 (both days inclusive)
  • Remote e-Voting Period: September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)