Key Financial Figures

Balance Sheet (As on 31 March 2026)

  • Total Assets: ₹10,23,15,369 (Previous Year: ₹10,20,18,408)
  • Non-Current Assets: ₹13,07,901 (Previous Year: ₹12,74,555)
  • Property, Plant and Equipment: ₹13,07,901
  • Current Assets: ₹10,10,07,467 (Previous Year: ₹10,07,43,853)
  • Inventories: ₹9,79,29,623 (Previous Year: ₹9,73,75,425)
  • Trade Receivables: ₹19,47,000 (Previous Year: ₹18,76,183)
  • Cash and Cash Equivalents: ₹46,001 (Previous Year: ₹4,77,000)
  • Other Current Assets: ₹10,84,843 (Previous Year: ₹10,15,246)
  • Total Equity: ₹9,94,30,555 (Previous Year: ₹9,91,58,344)
  • Equity Share Capital: ₹6,81,69,000 (Unchanged from previous year)
  • Other Equity (Reserves & Surplus): ₹3,12,61,555 (Previous Year: ₹3,09,89,344)
  • Non-Current Liabilities: ₹23,61,065 (Unchanged from previous year)
  • Deferred Tax Liabilities (net): ₹23,61,065
  • Current Liabilities: ₹5,23,750 (Previous Year: ₹4,99,000)
  • Trade Payables: ₹4,98,750 (Previous Year: ₹4,75,000)
  • Other Financial Liabilities: ₹25,000 (Previous Year: ₹24,000)

Profit and Loss Account (For the year ended 31 March 2026)

  • Revenue from Operations: ₹7,17,64,619 (Previous Year: ₹6,26,96,200)
  • Total Income: ₹7,17,64,619 (Previous Year: ₹6,26,96,200)
  • Total Expenses: ₹7,14,67,408 (Previous Year: ₹6,24,62,110)
  • Changes in Inventories: -₹59,51,248 (Previous Year: -₹57,33,379)
  • Employee Benefits Expense: ₹13,13,648 (Previous Year: ₹12,65,557)
  • Depreciation and Amortisation: ₹4,38,810 (Previous Year: ₹4,45,363)
  • Other Expenses: ₹7,56,66,198
  • Profit Before Tax (PBT): ₹2,97,211 (Previous Year: ₹2,34,090)
  • Tax Expense:
  • Current Tax: ₹25,000 (Previous Year: ₹24,000)
  • Profit for the Year (PAT): ₹2,72,211 (Previous Year: ₹2,10,090)
  • Earnings Per Share (EPS):
  • Basic: ₹0.04 (Previous Year: ₹0.03)
  • Diluted: ₹0.04 (Previous Year: ₹0.03)

Cash Flow Statement (For the year ended 31 March 2026)

  • Net Cash from Operating Activities: ₹7,157 (Previous Year: ₹5,87,676)
  • Net Cash Used in Investing Activities: -₹2,72,156 (Previous Year: -₹15,266)
  • Payments for Property, Plant and Equipment: -₹7,24,358
  • Proceeds from sale of Property, Plant and Equipment: ₹2,52,207
  • Net Cash from Financing Activities: ₹0 (Previous Year: ₹0)
  • Net Increase/(Decrease) in Cash: -₹4,30,999 (Previous Year: ₹4,35,014)
  • Cash and Equivalents at beginning of year: ₹4,77,000 (Previous Year: ₹41,986)
  • Cash and Equivalents at end of year: ₹46,001 (Previous Year: ₹4,77,000)

Notes to Financial Statements

  • Share Capital: Authorized, Issued, Subscribed, and Fully Paid-up capital remained unchanged at 78,60,000 equity shares of ₹10 each (Authorized: ₹7,86,00,000) and 68,16,900 equity shares of ₹10 each (Issued/Subscribed: ₹6,81,69,000).
  • Inventories: Valued at ₹9,79,29,623, consisting of Work-in-progress (₹1,85,32,308) and Finished goods (₹7,93,97,316).
  • Other Current Assets: Include GST refund claims (₹5,80,651) and GST credits (₹5,04,192).
  • Revenue Segment: The company operates in a single segment: "Application Software and Services".
  • Deferred Tax: A net deferred tax liability of ₹23,61,065 is recognized, unchanged from the previous year.

Auditors' Report

  • Auditor: BGS & Associates, Chartered Accountants (FRN: 0013021S)
  • Opinion: The auditors issued an unmodified opinion, stating the financial statements give a true and fair view in accordance with Indian Accounting Standards (Ind AS).
  • Emphasis of Matter: The report draws attention to the note that the financial statements are prepared on a going concern basis.
  • Key Audit Matters: Identified as (1) Revenue Recognition from software services contracts and (2) Valuation of Deferred Tax Assets.
  • CARO 2020 Report (Annexure B): The auditors reported no adverse findings on matters specified in the Order, including maintenance of property records, statutory dues, internal financial controls, and related party transactions. The company had no pending litigations, frauds, or defaults reported.