Company and Document Details
Meeting Details
The Board of Directors meeting was held on Monday, 19th October, 2026 at Chandigarh. The meeting commenced at 03:00 PM (IST) and concluded at 03:50 PM (IST). The financial results were reviewed and recommended by the Audit Committee before board approval.
Financial Performance (Quarter Ended 30th September 2026)
Income:
- Other Income: ₹63 lakh
- Total Income: ₹63 lakh
Expenses:
- Employees benefits expense: ₹10 lakh
- Depreciation & Amortization: ₹0
- Other expenditure: ₹17 lakh
- Total Expenses: ₹27 lakh
Profitability:
- Profit before Exceptional Items: ₹36 lakh
- Exceptional items: ₹0
- Profit before tax: ₹36 lakh
- Tax expense: ₹0
- Net Profit for the period: ₹36 lakh
- Other Comprehensive Income: ₹0
- Total Comprehensive Income: ₹36 lakh
Per Share Data:
- Basic EPS: ₹0.26
- Diluted EPS: ₹0.26
Financial Position as of 30th September 2026
Assets:
- Total Assets: ₹2,038 lakh
- Non-Current Assets: ₹1,281 lakh (including Investments: ₹5 lakh, Loans: ₹3 lakh)
- Current Assets: ₹757 lakh (including Trade Receivables: ₹37 lakh, Cash and Bank Balances: ₹36 lakh, Loans: ₹509 lakh, Others: ₹9 lakh, Current Tax Assets: ₹55 lakh, Other Current Assets: ₹11 lakh)
Equity and Liabilities:
- Equity Share Capital: ₹1,440 lakh
- Other Equity: ₹521 lakh
- Total Shareholders' Funds: ₹1,961 lakh
- Current Liabilities: ₹77 lakh (including Borrowings: ₹21 lakh, Other Financial Liabilities: ₹49 lakh, Other Current Liabilities: ₹7 lakh)
- Total Equity and Liabilities: ₹2,038 lakh
Cash Flow Statement (Half Year Ended 30th September 2026)
Operating Activities:
- Net Profit after tax: ₹72 lakh
- Adjustments for non-cash items: (₹63) lakh
- Operating profit before working capital changes: ₹9 lakh
- Changes in operating assets and liabilities: (₹36) lakh
- Net Cash Generated from Operating Activities: (₹27) lakh
Investing Activities:
- Loans granted (net): (₹6) lakh
- Interest received on loans: ₹63 lakh
- Net Cash used in Investing Activities: ₹57 lakh
Financing Activities:
- Finance Cost: ₹0
- Net Cash from Financing Activities: ₹0
Net Change in Cash:
- Net increase in Cash & Cash Equivalents: ₹30 lakh
- Cash & Cash Equivalents beginning (01.04.2026): ₹6 lakh
- Cash & Cash Equivalents end (30.09.2026): ₹36 lakh
Comparative Financial Data
Quarterly Comparison (Q2 FY2026 vs Q2 FY2025):
- Total Income: ₹63 lakh vs ₹31 lakh
- Net Profit: ₹36 lakh vs ₹8 lakh
- Basic EPS: ₹0.26 vs ₹0.06
Half-Yearly Comparison (H1 FY2026 vs H1 FY2025):
- Total Income: ₹121 lakh vs ₹78 lakh
- Net Profit: ₹72 lakh vs ₹31 lakh
- Basic EPS: ₹0.52 vs ₹0.22
Year-End Comparison (H1 FY2026 vs FY2025):
- Total Income: ₹121 lakh vs ₹201 lakh (full year)
- Net Profit: ₹72 lakh vs ₹106 lakh (full year)
- Basic EPS: ₹0.52 vs ₹0.77 (full year)
Important Notes to Financial Results
1. The company does not have any manufacturing operations as it has already sold its assets under slump sale at Mandi Gobindgarh (Punjab). The financial statements have been prepared in accordance with the going concern concept considering management's future plans to start commercial activity.
2. The company has engaged in certain activities and received commission income from these activities.
3. The financial results have been reviewed by the Audit Committee and approved by the Board of Directors on 19th October, 2026.
4. The statutory auditors have carried out a review of the financial results and issued an unmodified report.
5. Deferred tax asset on carry forward losses and unabsorbed depreciation has not been recognized due to absence of virtual certainty about future taxable income.
6. Figures for previous periods have been reclassified/rearranged/regrouped wherever necessary to conform to current period's presentation.