Financial Performance Highlights (Standalone)

  • Revenue from Operations: ₹5,905.93 lakh (FY 2024-25: ₹10,392.35 lakh)
  • Other Income: ₹130.11 lakh (FY 2024-25: ₹119.84 lakh)
  • Total Income: ₹6,036.04 lakh (FY 2024-25: ₹10,512.19 lakh)
  • EBITDA: ₹673.92 lakh (FY 2024-25: ₹1,068.69 lakh)
  • Finance Cost: ₹7.24 lakh (FY 2024-25: ₹23.36 lakh)
  • Depreciation & Amortization: ₹153.42 lakh (FY 2024-25: ₹141.38 lakh)
  • Profit Before Tax: ₹513.26 lakh (FY 2024-25: ₹903.95 lakh)
  • Tax Expense: ₹110.98 lakh (Current Tax: ₹130.09 lakh, Deferred Tax: -₹19.11 lakh)
  • Profit After Tax: ₹402.28 lakh (FY 2024-25: ₹689.68 lakh), representing a decline of 41.67%

Consolidated Financial Performance

  • Revenue from Operations: ₹5,908.85 lakh
  • Profit After Tax: ₹410.09 lakh
  • Minority Interest: ₹0.82 lakh
  • Profit Attributable to Owners: ₹409.27 lakh

Dividend Declaration

No dividend recommended for FY 2025-26 due to future outlook, working capital needs, and long-term interests.

Changes in Share Capital

  • Authorized Capital: Unchanged at ₹12.00 crore (1,20,00,000 equity shares of ₹10 each)
  • Issued, Subscribed & Paid-up Capital: Increased from ₹11,10,82,700 to ₹11,50,00,000

Preferential Issue of Warrants

  • On July 29, 2025, Board approved issuance of 3,91,730 Fully Convertible Warrants at ₹130 per warrant (including premium of ₹120) to promoters
  • Warrants converted to equity shares on March 02, 2026 upon receipt of 75% of issue price
  • Allottees: Manish Kumar Jain (127,000 shares), Raksha Jain (142,000 shares), Manish Kumar Jain HUF (121,000 shares), Roshni Jain (1,730 shares)
  • Total proceeds: ₹509.24 lakh, fully utilized for working capital requirements as stated

Subsidiary Acquisition

  • Acquired 89.46% stake in PRM Tradelink Private Limited on June 10, 2025
  • PRM Tradelink financials as of March 31, 2026:
  • Share capital: ₹22.88 lakh
  • Reserves & surplus: ₹597.46 lakh
  • Total assets: ₹658.54 lakh
  • Turnover: ₹80.48 lakh
  • Profit after tax: ₹83.64 lakh

Board Composition and Changes

  • Current Board: 4 Directors (1 Executive, 1 Non-Executive Non-Independent, 2 Non-Executive Independent)
  • Re-appointments:
  • Mr. Manish Kumar Jain as Managing Director for 5 years from October 11, 2025
  • Mrs. Raksha Jain as Non-Executive Director
  • Mr. Santosh Kumar Lohiya as Non-Executive Independent Director for second term
  • Mr. Deepak Luhar as Non-Executive Independent Director for second term
  • Board Meetings: 11 meetings held during FY 2025-26 with 100% attendance by all directors

Key Managerial Personnel Changes

  • Ms. Gunjan Gupta resigned as Company Secretary and Compliance Officer effective December 22, 2025
  • Ms. Akansha Sawlani appointed as Company Secretary and Compliance Officer effective January 01, 2026
  • Mr. Neetesh Sahu continues as Chief Financial Officer

Registered Office Change

Shifted from "House No.100, First Floor, Ward No.23, Infront of Thane Ajak, Civil Line Road, Tikamgarh-472001" to "Plot No. 22 Semi Urban Industrial Area, Dhonga, Tikamgarh-472001, Madhya Pradesh, India"

Committee Composition

  • Audit Committee: Mr. Deepak Luhar (Chairman), Mr. Santosh Kumar Lohiya (Member), Mr. Manish Kumar Jain (Member) - 5 meetings held
  • Stakeholder Relationship Committee: Mr. Santosh Kumar Lohiya (Chairman), Mr. Deepak Luhar (Member), Mr. Manish Kumar Jain (Member) - 4 meetings held
  • Nomination and Remuneration Committee: Mr. Deepak Luhar (Chairman), Mr. Santosh Kumar Lohiya (Member), Mrs. Raksha Jain (Member) - 3 meetings held

Statutory Auditors

  • M/s A.Y. & Company, Chartered Accountants (FRN: 020829C) completed their first term
  • Proposed for reappointment for second term of 4 years until conclusion of AGM in 2030
  • Audit fees: ₹1.50 lakh for statutory audit, ₹0.39 lakh for tax audit

Secretarial Audit Report

M/s MSV & Associates reported three deviations:

1. Delay in filing e-forms CHG-4, DIR-12, MGT-14, MR-1, and PAS-3 with ROC

2. Delay in filing financial results (Integrated XBRL) for year ended March 31, 2025 with stock exchange

3. Delay in intimation regarding closure of Trading Window to stock exchange

Internal Financial Controls

Auditors reported adequate internal financial controls system operating effectively as of March 31, 2026.

Corporate Social Responsibility

  • Average net profit for last three years: ₹359.29 lakh
  • CSR obligation (2% of average profit): ₹7.19 lakh
  • Actual CSR expenditure: ₹7.50 lakh (excess of ₹0.31 lakh)
  • No unspent CSR amount requiring transfer to fund

Key Financial Ratios (Standalone)

  • Current Ratio: 19.16 (FY 2024-25: 13.63)
  • Debt-Equity Ratio: 0.06 (FY 2024-25: 0.00)
  • Return on Equity Ratio: 0.11 (FY 2024-25: 0.30)
  • Inventory Turnover Ratio: 2.25 (FY 2024-25: 0.39)
  • Net Profit Ratio: 6.81% (FY 2024-25: 6.64%)

Employee Strength

15 permanent employees as on March 31, 2026

Annual General Meeting

  • 8th AGM to be held on September 29, 2026 at 11:00 AM
  • Venue: Registered Office at Plot No. 22 Semi Urban Industrial Area, Dhonga, Tikamgarh-472001
  • Business to be transacted:

1. Adoption of standalone and consolidated financial statements

2. Re-appointment of Mrs. Raksha Jain as director retiring by rotation

3. Re-appointment of M/s A.Y. & Company as statutory auditors

Voting Arrangements

  • Remote e-voting period: September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
  • Cut-off date for voting rights: September 22, 2026
  • Scrutinizer: M/s SCS and Co LLP

Other Material Information

  • No material changes affecting financial position between year-end and report date
  • No significant orders passed by regulators/courts impacting going concern status
  • No fraud reported by auditors under Section 143(12)
  • No deposits accepted under Sections 73 and 74 of Companies Act, 2013
  • No revision in financial statements or Director's Report