Nature of Disclosure:

The company submitted its audited financial results for the quarter and year ended 31st March 2026 to the Bombay Stock Exchange Limited (BSE) in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were approved by the Board of Directors on 30th May 2026 and audited by ABNJ & Co., Chartered Accountants (FRN: 121677W).

Financial Results Highlights:

  • Revenue from Operations: For Q4 March 2026: ₹65.92 lacs; For FY26: ₹65.92 lacs (FY25: ₹0.00 lacs).
  • Other Income: For Q4 March 2026: ₹706.94 lacs; For FY26: ₹772.22 lacs (FY25: ₹20.36 lacs).
  • Total Revenue: For Q4 March 2026: ₹772.86 lacs; For FY26: ₹838.14 lacs (FY25: ₹20.36 lacs).
  • Expenses:
  • Cost of Materials Consumed: Q4: ₹9.15 lacs; FY26: ₹9.15 lacs.
  • Purchase of Stock-in-Trade: Q4: ₹30.38 lacs; FY26: ₹30.38 lacs.
  • Changes in Inventories: Q4: ₹0.00 lacs; FY26: ₹0.00 lacs (FY25: ₹0.64 lacs).
  • Employee Benefits Expense: Q4: ₹0.23 lacs; FY26: ₹0.95 lacs (FY25: ₹2.17 lacs).
  • Finance Cost: Q4: -₹0.02 lacs; FY26: ₹0.15 lacs (FY25: ₹0.31 lacs).
  • Depreciation and Amortisation: Q4: ₹0.41 lacs; FY26: ₹0.67 lacs (FY25: ₹0.35 lacs).
  • Other Expenses: Q4: ₹4.47 lacs; FY26: ₹59.26 lacs (FY25: ₹17.89 lacs).
  • Total Expenses: Q4: ₹49.03 lacs; FY26: ₹59.26 lacs (FY25: ₹17.89 lacs).
  • Profit Before Exceptional Items and Tax: Q4: ₹768.39 lacs; FY26: ₹778.88 lacs (FY25: ₹2.47 lacs).
  • Exceptional Items: Q4: ₹58.33 lacs; FY26: ₹58.33 lacs (FY25: ₹0.00 lacs).
  • Profit Before Tax: Q4: ₹710.06 lacs; FY26: ₹720.55 lacs (FY25: ₹2.47 lacs).
  • Tax Expense: Current Tax: Q4: ₹10.00 lacs; FY26: ₹10.00 lacs; No deferred tax or excess provision written off.
  • Profit After Tax: Q4: ₹700.06 lacs; FY26: ₹710.55 lacs (FY25: ₹2.47 lacs).
  • Earnings Per Share (EPS): Basic and Diluted EPS for continuing operations: FY26: ₹5.04 (FY25: ₹0.01); Q4: ₹4.96.
  • Paid-up Equity Share Capital: ₹1408.93 lacs, unchanged.
  • Reserves: As of 31 March 2026: -₹1277.14 lacs (Previous year: -₹1997.68 lacs).

Auditor's Report Key Points:

  • Unqualified opinion issued on the financial statements.
  • Adequate internal financial controls over financial reporting were in place and operating effectively as of 31 March 2026.
  • No pending litigations impacting financial position.
  • No long-term contracts including derivatives with material foreseeable losses.
  • No amounts required to be transferred to the Investor Education and Protection Fund.
  • Statutory dues are generally regular; no undisputed amounts payable for more than six months as of 31 March 2026.
  • No fraud reported during the year.
  • The company is not a Nidhi company and is compliant with Sections 177 and 188 of the Companies Act, 2013 for related party transactions.
  • No resignation of statutory auditors during the year.
  • Management representations confirmed no material funds advanced or received from other entities.

Cash Flow Statement (FY26):

  • Net Cash from Operating Activities: -₹382.76 lacs (FY25: ₹14.61 lacs).
  • Net Cash from Investing Activities: ₹801.18 lacs (FY25: ₹20.36 lacs), primarily from sale of fixed assets ₹816.94 lacs.
  • Net Cash from Financing Activities: -₹65.38 lacs (FY25: -₹33.58 lacs), due to repayment of borrowings ₹123.71 lacs and exceptional items ₹58.33 lacs.
  • Net Increase in Cash and Cash Equivalents: ₹353.04 lacs (FY25: ₹1.39 lacs).
  • Cash and Cash Equivalents at End: ₹354.70 lacs (FY25: ₹1.66 lacs).

Corporate Governance:

  • A practicing chartered accountant certified compliance with corporate governance conditions as per SEBI LODR regulations.

Additional Information:

  • No dividend declared for the year.
  • Business falls under a single segment: Textiles.
  • Previous year figures regrouped where necessary.
  • Declaration to BSE confirmed no impact of audit qualifications.