Board Meeting Details

The Board of Directors meeting was held on Tuesday, 26th May, 2026 at 3:00 PM at the registered office in Hyderabad. The meeting commenced at 3:00 PM and concluded at 6:30 PM.

Matters Approved by Board

1. Approved the Audited Financial Results of the Company for the Quarter and Year ended March 31, 2026 along with Audited Report thereon

2. Appointed M/s Manas Dash & Co., Chartered Accountants as Internal Auditor of the Company for the financial year 2026-2027

Financial Results (All amounts in ₹ Lakhs)

Income Statement for Year Ended March 31, 2026:

  • Revenue From Operations: ₹1,775.05
  • Other Income: ₹1.56
  • Total Income: ₹1,776.61
  • Total Expenses: ₹1,746.19
  • Profit Before Tax: ₹30.42
  • Tax Expense: ₹0.48 (Deferred Tax)
  • Profit After Tax: ₹29.94
  • Total Comprehensive Income: ₹29.94

Quarterly Performance (₹ Lakhs):

  • Q4 FY26 (Audited): Revenue ₹486.76, PAT ₹2.49
  • Q3 FY26 (Unaudited): Revenue ₹554.02, PAT ₹17.92
  • Q2 FY26 (Audited): Revenue ₹124.56, PAT ₹78.23
  • Q1 FY26 (Audited): Revenue ₹270.48, PAT ₹12.09

Key Metrics:

  • Earnings Per Share (Basic & Diluted): ₹0.30 for FY26
  • Paid Up Equity Share Capital: ₹111.00 lakhs (Face value ₹10 each)
  • Reserves Excluding Revaluation Reserves: ₹(417.75) lakhs

Balance Sheet Position as at March 31, 2026 (₹ Lakhs):

Assets:

  • Total Non-Current Assets: ₹7.53
  • Total Current Assets: ₹815.25 (including Inventories ₹218.50, Trade Receivables ₹80.15, Cash ₹2.40)
  • Total Assets: ₹822.78

Liabilities & Equity:

  • Total Equity: ₹692.25
  • Non-Current Liabilities: ₹111.91
  • Current Liabilities: ₹18.63
  • Total Equity and Liabilities: ₹822.78

Cash Flow Statement (₹ Lakhs):

  • Net cash used in operating activities: ₹(243.69)
  • Net cash used in investing activities: ₹(0.35)
  • Net cash from financing activities: ₹13.62
  • Net decrease in cash: ₹(136.40)
  • Cash at beginning: ₹138.80
  • Cash at end: ₹2.40

Internal Auditor Appointment

  • Name: M/s Manas Dash & Co., Chartered Accountants
  • Date of Appointment: 26/05/2026 (for FY 2026-27)
  • Reason: To comply with Companies Act, 2013 and SEBI Listing Regulations
  • Brief Profile: CA Manas Dash has 20 years of experience specializing in taxation, auditing, management consultancy, and urban sector reforms

Share Capital Change

The Company had issued 11,00,000 share warrants on December 5, 2024, which were converted into 11,00,000 equity shares of face value ₹10 each on February 13, 2026, upon receipt of full consideration amounting to ₹1,10,00,000.

Auditor's Qualified Opinion

Statutory Auditors M/s NSVR & Associates LLP issued a qualified opinion stating:

  • An unsecured loan of ₹50 lakhs is outstanding from Mr. K. Veersham to Nutricircle Limited
  • The Company has not provided balance confirmation or alternative evidence for this loan
  • Unable to verify completeness and accuracy of the loan balance due to lack of supporting documentation
  • This represents a limitation in the scope of their audit