Key Financial Figures (FY 2025-26)

  • Revenue from Operations and Other Income: ₹736.48 lakhs (Previous year: ₹897.53 lakhs)
  • Profit Before Tax: ₹104.10 lakhs (Previous year: ₹79.45 lakhs)
  • Net Profit: ₹80.84 lakhs (Previous year: ₹60.22 lakhs) - 34.24% growth
  • Earnings Per Share (Basic & Diluted): ₹2.24 (Previous year: ₹1.67)
  • Depreciation and Amortization: ₹14.39 lakhs (Previous year: ₹16.97 lakhs)
  • Current Tax Expense: ₹24.00 lakhs (Previous year: ₹20.00 lakhs)
  • Deferred Tax Asset: ₹0.74 lakhs (Previous year: ₹0.77 lakhs)

Share Capital Structure

  • Authorized Share Capital: ₹11,00,00,000 divided into 1,10,00,000 equity shares of ₹10 each
  • Issued, Subscribed and Paid-up Capital: ₹3,60,11,880 divided into 36,01,188 equity shares of ₹10 each
  • No change in share capital during the year

Annual General Meeting Details

  • 10th AGM Date: September 19, 2026 (Saturday)
  • Time: 12:00 PM
  • Venue: Registered Office at C/o M/s Vithoba Healthcare and Research Private Limited, Plot No. D-3/2, MIDC, Hingna Road, Nagpur, Maharashtra, India, 440028
  • Cut-off date for e-voting: September 12, 2026
  • Book Closure: September 13, 2026 to September 19, 2026
  • E-voting Period: September 16, 2026 (9:00 AM) to September 18, 2026 (5:00 PM)

Business Items for AGM

Ordinary Business:

1. Adoption of audited standalone financial statements for FY ended March 31, 2026

2. Re-appointment of Mr. Kartik Eknath Shende (DIN: 02627131) as Non-Executive Director retiring by rotation

3. Re-appointment of M/s BPSD & Associates, Chartered Accountants (FRN: 118251W) as Statutory Auditors for second term of five consecutive years (FY 2026-27 to FY 2030-31)

Special Business:

4. Regularization of appointment of Mr. Rahul Kartik Shende (DIN: 11622452) as Non-Executive Director

Board and Management Changes

  • Mr. Rajesh Admane (DIN: 01504366) resigned as Non-Executive Director effective March 25, 2026
  • Mr. Rahul Kartik Shende (DIN: 11622452) appointed as Additional Non-Executive Director effective March 26, 2026

Board Composition as on March 31, 2026

  • Mr. Jay Prakash Motghare (Whole-Time Director, DIN: 07559929)
  • Mr. Kartik Eknath Shende (Non-Executive Director, DIN: 02627131)
  • Mr. Rahul Kartik Shende (Additional Non-Executive Director, DIN: 11622452)
  • Mr. Manish Tarachand Pande (Independent Director, DIN: 08712019)
  • Mr. Pradeep Prakash Thadani (Independent Director, DIN: 08611572)
  • Mrs. Shweta Jay Motghare (Woman Director, DIN: 09756777)

Key Managerial Personnel

  • Mr. Jay Prakash Motghare (Whole-Time Director)
  • Mr. Atul Dhawad (Chief Financial Officer, PAN: AOYPD8411Q)
  • Miss. Muskan Sundardas Bajaj (Company Secretary, M. No. A79560)

Committee Composition

Audit Committee (Reconstituted w.e.f. March 26, 2026):

  • Mr. Rahul Kartik Shende (Chairman)
  • Mr. Manish Tarachand Pande (Member)
  • Mr. Pradeep Prakash Thadani (Member)

Nomination & Remuneration Committee:

  • Mr. Pradeep Prakash Thadani (Chairman)
  • Mr. Kartik Eknath Shende (Member)
  • Mr. Manish Tarachand Pande (Member)

Stakeholders' Relationship Committee (Reconstituted w.e.f. March 26, 2026):

  • Mr. Rahul Kartik Shende (Chairman)
  • Mr. Jay Prakash Motghare (Member)
  • Mr. Kartik Eknath Shende (Member)

Financial Ratios (Significant Changes)

  • Debt-Equity Ratio: 0.05 (from 0.10 in previous year) - 50% decrease due to repayment of unsecured loans
  • Debt Service Coverage Ratio: 15.74 (from 4.94) - 218.62% improvement
  • Net Profit Ratio: 11.19% (from 6.75%) - 65.78% improvement
  • Trade Payables Turnover Ratio: 633.07 (from 6.26) - significant increase

Dividend and Reserves

  • No dividend recommended for the year ended March 31, 2026
  • Reserves and Surplus: ₹239.76 lakhs (Previous year: ₹158.68 lakhs)

Auditors and Advisors

  • Statutory Auditor: M/s BPSD & Associates, Chartered Accountants (FRN: 118251W)
  • Internal Auditor: M/s Radheshyam Bhattad & Co, Chartered Accountant
  • Secretarial Auditor & Corporate Consultant: M/s Avinash Gandhewar & Associates, Practicing Company Secretaries
  • Registrar and Share Transfer Agent: Bigshare Services Private Limited

Related Party Transactions

All transactions with related parties were at arm's length basis, including:

  • Office rent paid to Vithoba Healthcare and Research Private Limited: ₹12,00,000
  • Remuneration to directors as per approved policies

Other Material Information

  • Company Business: World's leading HVAC air duct cleaning company using patented robotic technology
  • Employee Strength: 79 permanent employees as on March 31, 2026
  • No fraud reported by auditors under Section 143(12) of Companies Act, 2013
  • No material orders passed by regulators/courts impacting going concern status
  • Internal financial controls deemed adequate and operating effectively
  • Gratuity provision: ₹23.78 lakhs created for employee benefits