Key Financial Figures (₹ in Lakhs)
Financial Performance Comparison:
| Particulars | FY 2025-26 | FY 2024-25 | Change |
| Revenue from Sales & Other Income | 37,38,995.70 | 36,08,907.00 | +3.60% |
| Total Expenses | 16,71,494.08 | 17,06,016.00 | -2.02% |
| Profit Before Finance Costs, Depreciation and Tax | 20,67,501.62 | 19,02,891.00 | +8.65% |
| Finance Costs | 66,18,946.00 | 96,963.00 | +6,722% |
| Depreciation and Amortization Expense | 1,674.00 | 0.00 | +100% |
| Profit Before Tax | (45,53,118.38) | 18,05,928.00 | -352% |
| Tax Expense | 1,24,985.00 | 98,017.00 | +27.51% |
| Profit After Tax | (46,78,103.38) | 17,07,941.00 | -374% |
| Earnings Per Share (Basic & Diluted) | (0.95) | 0.35 | -371% |
Balance Sheet Position as at March 31, 2026:
- Total Assets: ₹48,192,908.26 (Previous year: ₹53,184,647.56)
- Total Equity: ₹46,523,716.93 (Previous year: ₹51,201,820.31)
- Total Liabilities: ₹1,669,191.33 (Previous year: ₹1,982,827.25)
- Share Capital: ₹49,500,000.00 (Unchanged from previous year)
- Other Equity: Negative ₹(2,976,283.07) (Previous year: Positive ₹1,701,820.31)
48th Annual General Meeting Details
- Date: Wednesday, September 30, 2026
- Time: 10:00 AM
- Venue: Corporate Office at D-2, Kalindi Colony, New Delhi-110065
- Cut-off date for voting: September 23, 2026
- Register of Members closure: September 24-30, 2026 (both days inclusive)
Agenda Items for AGM
Ordinary Business:
1. To adopt Financial Statements for FY ended March 31, 2026
2. To reappoint Mr. Ashish Singh (DIN: 00066423) as director retiring by rotation
3. To reappoint M/s Karmv and Company, Chartered Accountants (FRN: 023022N) as statutory auditors for FY 2026-27 & 2027-28 at remuneration to be fixed by Board
Board of Directors Composition
- Mr. Ashish Singh (Managing Director, DIN: 00066423)
- Mrs. Kalpana Singh (Director)
- Mrs. Shiwani Singh (Director)
- Mr. Mukesh Aggarwal (Independent Director)
- Mr. Bhupendra (Independent Director)
Key Managerial Personnel
- Managing Director: Ashish Singh
- Chief Financial Officer: Rajesh Kumar Choudhary
- Company Secretary & Compliance Officer: Jitendra Kr. Chaurasia
Board Meeting Attendance (5 meetings held in FY 2025-26)
- Ashish Singh: 4 out of 5 meetings
- Kalpana Singh: 5 out of 5 meetings
- Shiwani Singh: 3 out of 5 meetings
- Bhupendra: 5 out of 5 meetings
- Mukesh Aggarwal: 1 out of 5 meetings
Statutory Auditors
M/s Karmv and Company, Chartered Accountants (FRN: 023022N)
- Auditor's Remuneration: ₹77,280.00 (Previous year: ₹70,800.00)
- Key Audit Matter: Advance of ₹2 crore given to M/s One City Promoters Private Limited (company under same management) in FY 2013-14 for real estate project with no returns or shares received despite passage of time
- Opinion: Unmodified opinion with emphasis on this matter
Secretarial Auditor
M/s. Deepak Somaiya & Co., Company Secretaries
- Report: No qualifications, reservations, or adverse remarks
Internal Auditor
M/s. Deepak Somaiya & Co., Company Secretaries reappointed for FY 2026-27 & 2027-28
Related Party Transactions
- Advance to Desert River Capital Private Limited: ₹31,564,394.41 (Previous year: ₹31,127,206.19)
- Interest received from Desert River Capital: ₹21,69,769.70 (Previous year: ₹21,27,427.00)
- Loans from Ashish Singh (Director): ₹7,00,404.00 (Previous year: ₹9,61,762.00)
- Loans from Assagoao Resort LLP (Related Party): ₹3,32,082.00 (Previous year: ₹4,56,000.00)
- Advance to One City Promoters Private Limited: ₹14,565,004.00 (Previous year: ₹20,000,000.00)
Shareholding Pattern
- 99.13% of equity share capital held in dematerialized form
- 0.87% held in physical form
Registrar and Share Transfer Agent
Skyline Financial Services Pvt. Ltd., New Delhi
Bankers
HDFC Bank, New Delhi
Dividend and Reserves
- No dividend recommended for FY 2025-26
- No amount transferred to General Reserve
Corporate Governance Compliance
- The company is exempt from certain corporate governance requirements under Regulation 15(2)(a) of SEBI LODR Regulations due to its size
- Adequate internal financial controls were in place and operating effectively
- No investor complaints received during the year
- No instances of fraud reported by auditors
Key Ratios
| Ratio | FY 2025-26 | FY 2024-25 |
| Current Ratio | 3.23 | 3.63 |
| Debt-Equity Ratio | 0.02 | 0.03 |
| Return on Equity Ratio | 0.04 | 0.04 |
| Net Profit Ratio | 0.58 | 0.58 |
| Return on Capital Employed | -0.06 | 0.03 |
Other Significant Disclosures
- No material changes or commitments affecting financial position post year-end
- No subsidiaries, associates or joint ventures
- No deposits accepted from public
- No corporate social responsibility requirements applicable
- No pending litigations impacting financial position
- No revision of financial statements
- No significant orders passed by regulators/courts
- Vigil Mechanism/Whistle Blower Policy in place with no complaints
- No sexual harassment complaints during the year
- No amounts transferred to Investor Education and Protection Fund
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