Financial Performance Highlights

Profit & Loss Statement (FY2025-2026)

Total Revenue: ₹969.77 lakhs (Previous Year: ₹992.74 lakhs)

Gross Profit/(Loss) before depreciation, finance cost and provisioning: ₹79.14 lakhs (PY: ₹251.07 lakhs)

Finance Cost: ₹24.03 lakhs (PY: ₹19.91 lakhs)

Depreciation & amortization expenses: ₹106.07 lakhs (PY: ₹112.61 lakhs)

Loss before Exceptional Items: ₹(27.11) lakhs (PY: Profit ₹79.66 lakhs)

Exceptional Items: ₹16,061.46 lakhs (PY: Nil)

  • Gain on sale of property: ₹16,007.16 lakhs
  • Gain on sale of shares of associate company: ₹54.30 lakhs

Profit before tax: ₹16,034.35 lakhs (PY: ₹79.66 lakhs)

Tax expense: ₹1,356.00 lakhs (PY: Nil)

Net Profit for the year: ₹14,678.35 lakhs (PY: ₹79.66 lakhs)

EPS: ₹37.90 (PY: ₹0.21)

Balance Sheet Position (as at 31st March, 2026)

Total Assets: ₹30,666.42 lakhs (PY: ₹17,289.71 lakhs)

Non-Current Assets: ₹3,478.77 lakhs (PY: ₹5,773.19 lakhs)

Current Assets: ₹27,187.65 lakhs (PY: ₹11,516.52 lakhs)

  • Cash & Cash Equivalents: ₹15,617.60 lakhs (PY: ₹11.47 lakhs)
  • Inventories: ₹11,356.16 lakhs (unchanged)

Total Equity: ₹22,233.34 lakhs (PY: ₹7,571.81 lakhs)

  • Equity Share Capital: ₹1,936.36 lakhs (unchanged)
  • Other Equity: ₹20,296.98 lakhs (PY: ₹5,635.45 lakhs)

Liabilities: ₹8,433.08 lakhs (PY: ₹9,717.90 lakhs)

Current Ratio: 3.38 (PY: 1.99)

Key Transactions & Events

Sale of Property

The company sold immovable property situated at A-30, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi to M/s Haldiram Marketing Pvt Ltd for a consideration of ₹181.47 crore (net of stamp duty). The transaction was completed based on the recommendation of the Audit Committee.

Debt Repayment & Debt-Free Status

Proceeds from the property sale were utilized for repayment of the company's outstanding liabilities. The company achieved debt-free status as of March 31, 2026. The available surplus funds are being utilized in the best interest of the company.

Change in Associate Status

The company sold equity shares of Jayabharat Credit Limited on September 18, 2025, based on valuation from an Independent Registered Valuer. Due to this sale, Jayabharat Credit Limited ceased to be an Associate Company.

Dividend Declaration

The Board of Directors decided not to recommend any dividend for FY2025-26 to conserve resources for long-term interests and strengthen the company's financial position.

Corporate Governance

Board Composition

The Board consists of 6 Directors including Sh. Rajiv Gupta (Chairman & Managing Director & CEO), Smt. Arti Gupta (Joint Managing Director), and Sh. Arun Mitter (Executive Director).

Key Managerial Personnel

  • Sh. Rajiv Gupta (Chairman & Managing Director & CEO)
  • Smt. Arti Gupta (Joint Managing Director)
  • Sh. Arun Mitter (Executive Director)
  • Sh. M.K. Madan (VP, CS & CFO)

Board Meetings

7 Board Meetings and 7 Audit Committee Meetings were held during the year.

Audit Opinion

M/s. Jagdish Chand & Co., Chartered Accountants issued an unmodified audit report without any qualifications, confirming:

  • The company maintained adequate internal financial controls over financial reporting
  • Financial statements present true and fair view in accordance with Indian Accounting Standards (Ind AS)
  • Internal financial controls were operating effectively as at 31st March, 2026

AGM Details

95th/96th AGM Date: September 24, 2026 at 11:30 AM through Video Conferencing

Book Closure: September 18, 2026 to September 24, 2026

Agenda includes adoption of financial statements, re-appointment of Rajiv Gupta as Director, appointment of auditors, and approval of related party transactions.