1. Audited Financial Results

The Board approved the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026, prepared in accordance with Indian Accounting Standards (Ind AS).

Financial Performance Highlights (₹ in Lakhs):

Quarter Ended March 31, 2026 (Audited):

  • Revenue from operations: ₹4,762.45
  • Other Income: ₹53.71
  • Total Revenue: ₹4,816.16
  • Total Expenses: ₹4,767.25
  • Profit Before Tax: ₹48.92
  • Tax Expense: ₹12.14 (Current Tax: ₹14.32, Deferred Tax: ₹-2.18)
  • Profit for the period: ₹36.78
  • Basic and Diluted EPS: ₹0.24

Year Ended March 31, 2026 (Audited):

  • Revenue from operations: ₹11,978.71
  • Other Income: ₹306.25
  • Total Revenue: ₹12,284.96
  • Total Expenses: ₹11,142.43
  • Profit Before Tax: ₹1,142.54
  • Tax Expense: ₹293.62 (Current Tax: ₹294.25, Deferred Tax: ₹-0.63)
  • Profit for the year: ₹848.92
  • Basic and Diluted EPS: ₹5.49
  • Paid-up Equity Share Capital: ₹1,545.00 (Face Value ₹10 per share)
  • Other Equity: ₹4,902.14

Comparative Figures (Year Ended March 31, 2025):

  • Revenue from operations: ₹9,561.11
  • Other Income: ₹229.86
  • Total Revenue: ₹9,790.97
  • Profit for the year: ₹728.61
  • Basic and Diluted EPS: ₹7.85

Cash Flow Statement (Year Ended March 31, 2026):

  • Net cashflow from operating activities: ₹-1,481.94
  • Net cashflow from investing activities: ₹-1,526.37
  • Net cashflow from financing activities: ₹2,964.34
  • Net decrease in cash and cash equivalents: ₹-43.96
  • Cash and cash equivalents at year-end: ₹278.37

2. Joint Venture Operations

The financial information includes three joint venture operations:

  • MEPIDL-MCL-JV: Revenue ₹7,865.96 lakhs, PBT ₹516.95 lakhs for FY26
  • Aquatech-MEPL-JV (Khopoli): Revenue ₹609.27 lakhs, PBT ₹23.26 lakhs for FY26
  • Aquatech-MEPL Nashik JV: Revenue ₹1,024.54 lakhs, PBT ₹51.71 lakhs for FY26

3. Registered Office Shift

The Board approved shifting the Registered Office from 103/4 Plot -215, Free Press House, FL-10 Free Press Journal Marg, Nariman Point, Mumbai, Maharashtra, India, 400021 to Unit no. 1106, 11th Floor, Hallmark Business Plaza, Near Guru Nanak Hospital, Bandra East, Mumbai - 400 051 with effect from June 01, 2026.

4. Auditor Remuneration

The Board approved an increase in the remuneration of the Statutory Auditors of the Company.

5. Management Changes

The Board took note of the resignation of Mrs. Devanshi Kevin Shah as Company Secretary and Compliance Officer of the Company (previously intimated to the stock exchange on 26.05.2026).

The Board appointed Mrs. Anisha Suraj Rajbhar (Membership No. A79416) as Company Secretary & Compliance Officer of the company with effect from June 01, 2026. Her profile indicates she is a qualified Company Secretary with hands-on experience in Corporate Compliance, secretarial Audit support and MCA filings.

6. Auditor's Report

S K Patodia & Associates LLP, Chartered Accountants (Firm Registration Number: 112723W/W100962), issued an unmodified opinion on the financial results. The audit report confirms that the financial results give a true and fair view in conformity with Ind AS and include the joint venture operations.

7. Regulatory Compliance

The company submitted the required declaration pursuant to Regulation 33(3)(d) of SEBI Listing Regulations, confirming the statutory auditors have issued an audit report with unmodified opinion.

The financial results are available on the Company's website www.mep.ltd and on www.bseindia.com.