Board Meeting Details

The Board of Directors meeting was held on Saturday, May 30, 2026, commencing at 8:00 PM and concluding at 9:00 PM.

Financial Results Approval

The Board considered and approved:

  • Audited Financial Results in compliance with Indian Accounting Standards (Ind AS) for Half Year and Year ended March 31, 2026
  • Statement of Assets & Liabilities and Cash Flow Statement with Auditors Report
  • Audited Consolidated Financial Results for Half Year and Year ended March 31, 2026
  • Statement of Assets & Liabilities and Cash Flow Statement for consolidated results

Standalone Financial Results (Year Ended March 31, 2026)

Income Statement (₹ in Lakhs):

  • Revenue From Operations: ₹134.24
  • Other Income: ₹9.59
  • Total Revenue: ₹143.83
  • Total Expenses: ₹197.80
  • Cost of materials consumed: ₹85.60
  • Purchases of stock-in-trade: ₹10.80
  • Changes in inventories: ₹0.60
  • Employee benefit expense: ₹3.10
  • Finance Costs: Not quantified
  • Depreciation and amortization: ₹97.70
  • Other Expenses: Not quantified
  • Profit before Tax: (₹53.97)
  • Tax Expense: ₹5.20
  • Current Tax: Not quantified
  • Deferred Tax: (₹21.59)
  • Net Profit/Loss for the period: (₹37.58)

Earnings Per Share:

  • Basic EPS: (₹0.36)
  • Diluted EPS: (₹0.36)
  • Face value per share: ₹10
  • Paid-up equity share capital: ₹1,052.05 lakh

Balance Sheet Position (As at March 31, 2026)

Assets (₹ in Lakhs):

  • Total Assets: ₹619.42
  • Non-current assets: ₹29.04
  • Property, plant and equipment: ₹3.18
  • Investments: ₹2.55
  • Deferred tax assets: ₹22.81
  • Other non-current asset: ₹0.50
  • Current assets: ₹590.38
  • Inventories: Not quantified
  • Cash and cash equivalents: ₹165.03
  • Other current assets: ₹425.35

Liabilities and Equity (₹ in Lakhs):

  • Total Equity: ₹605.59
  • Equity share capital: ₹1,052.05
  • Other equity: (₹446.46)
  • Non-current liabilities: ₹0.00
  • Current liabilities: ₹13.83
  • Trade payables: ₹3.80
  • Other current liabilities: ₹10.03

Cash Flow Statement (Year Ended March 31, 2026)

  • Net cash flow from operating activities: ₹57.12
  • Net cash from investing activities: ₹13.95
  • Net cash used in financing activities: (₹19.92)
  • Net increase in cash and equivalents: ₹51.15
  • Cash and equivalents at beginning: ₹113.88
  • Cash and equivalents at end: ₹165.03
  • Balance with banks: ₹0.05
  • Cash in hand: ₹164.98

Consolidated Financial Results (Year Ended March 31, 2026)

  • Revenue From Operations: ₹145.67
  • Other Income: ₹10.07
  • Total Revenue: ₹155.74
  • Total Expenses: ₹209.24
  • Profit before Tax: (₹53.49)
  • Net Profit/Loss: (₹37.40)
  • Basic EPS: (₹0.36)
  • Diluted EPS: (₹0.36)

Audit Matters

Key Audit Matter Identified:

Cash in Hand Balance of ₹164.98 lakhs held by the Company lacked supporting documentary evidence (physical cash verification reports or bank withdrawal slips) for audit verification, raising concerns about existence and accuracy of reported cash balance.

Auditor's Procedure:

Cash certificate was provided but auditors were unable to verify physical cash.

Audit Opinion:

Unmodified opinion without qualifications for both standalone and consolidated financial results.

Additional Information

  • Company transitioned to Ind AS accounting standards from April 1, 2024, with effective transition date of April 1, 2023
  • No change in figures reported under previous GAAP and Ind AS as required by Ind AS 101
  • Consolidated results include subsidiary NAS Global Industries Private Limited (incorporated June 9, 2025, 51% stake)
  • Results disseminated on company website: https://www.nakshmetals.com/investorrelations.html
  • Declaration provided that auditor's reports are unmodified and without qualifications