Olympic Cards Limited disclosed the outcome of its Board Meeting held on November 12, 2026, pursuant to SEBI LODR Regulations 30 and 33. The meeting commenced at 12:00 Hours and concluded at 16:00 Hours.

The Board reviewed and approved the company's Unaudited Financial Results for the quarter/half year ended September 30, 2026. The results were also reviewed by the Audit Committee. The company is scheduled to publish these results in MakkalKural (Tamil) and Business Standard (English).

Financial Results Highlights (Standalone, R in Lakhs)

  • Total Income from Operations (net): ₹249.77 for Q2 Sept 2026 (vs. ₹522.36 in Q2 Sept 2025; ₹1276.42 for FY Ended Mar 2026)
  • Net Loss before tax: ₹(118.96) for Q2 Sept 2026 (vs. ₹(207.80) in Q2 Sept 2025; ₹(247.40) for FY Ended Mar 2026)
  • Net Loss after tax: ₹(110.69) for Q2 Sept 2026 (vs. ₹(201.84) in Q2 Sept 2025; ₹(25.94) for FY Ended Mar 2026)
  • Earnings Per Share (Rs. 10 face value): Basic and Diluted EPS of ₹(0.68) for Q2 Sept 2026 (vs. ₹(1.24) in Q2 Sept 2025; ₹(0.16) for FY Ended Mar 2026)
  • Equity Share Capital: ₹1630.87 Lakhs
  • Reserves (excluding Revaluation Reserve): ₹(1742.65) as of Sept 30, 2026 (vs. ₹(1525.31) as of Mar 31, 2026)

Board Review Items

The Board of Directors reviewed the following pending items:

  • Appeals with Appellate Authorities for old GST demands are still pending.
  • Employees' Provident Fund (EPF) was paid up to March 31, 2026. EPF not filed and not paid from April 2026 to September 2026, amounting to ₹3,82,103.
  • Employees' State Insurance (ESI) amount was not paid for March 2024 and from April 2026 to September 2026, amounting to ₹60,849.
  • Loan dues payable to M/S. Seimens Financial Services Pvt. Ltd. amount to ₹5.38 Lakhs, excluding interest demand, if any.

Board Approvals

The Board of Directors approved the reconstitution of committees. Mr. Nagayasamy Rajkumar (DIN: 00617000), Independent Director, was appointed as a member of the Audit Committee, Nomination and Remuneration Committee, Stakeholder Relationship Committee, and Independent Directors Committee, effective November 12, 2026.

Balance Sheet Highlights (Standalone, R in Lakhs)

As at September 30, 2026 (vs. March 31, 2026)

  • Total Assets: ₹2,433.07 (vs. ₹2,560.08)
  • Non-Current Assets: ₹411.13 (vs. ₹250.54)
  • Property, Plant & Equipment: ₹306.84 (vs. ₹152.01)
  • Other Intangible Assets: ₹0.66 (vs. ₹0.74)
  • Other Financial Assets: ₹91.81 (vs. ₹95.26)
  • Other Non-Current Assets: ₹10.66 (vs. ₹1.37)
  • Deferred Tax Asset: ₹1.16 (vs. ₹1.16)
  • Current Assets: ₹2,021.94 (vs. ₹2,309.54)
  • Inventories: ₹1,761.41 (vs. ₹1,995.07)
  • Trade Receivables: ₹54.90 (vs. ₹116.81)
  • Cash and Cash Equivalents: ₹51.68 (vs. ₹29.26)
  • Other Financial Assets: ₹32.55 (vs. ₹46.80)
  • Other Current Assets: ₹121.40 (vs. ₹121.60)
  • Total Equity and Liabilities: ₹2,433.07 (vs. ₹2,560.08)
  • Equity: ₹(111.78) (vs. ₹105.56)
  • Share Capital: ₹1,630.87 (vs. ₹1,630.87)
  • Other Equity: ₹(1,742.65) (vs. ₹(1,525.31))
  • Non-Current Liabilities: ₹1,258.54 (vs. ₹652.63)
  • Borrowings: ₹1,220.57 (vs. ₹614.66)
  • Provisions: ₹32.74 (vs. ₹32.74)
  • Other Non-Current Liabilities: ₹5.23 (vs. ₹5.23)
  • Current Liabilities: ₹1,286.31 (vs. ₹1,801.89)
  • Borrowings: ₹0.00 (vs. ₹767.31)
  • Trade Payables: ₹687.52 (vs. ₹671.71)
  • Total Outstanding dues of MSMEs: Not specified for current period (vs. ₹5.00 for prior period)
  • Total Outstanding dues of creditors: Implied in total
  • Provisions: ₹93.90 (vs. ₹35.97)
  • Other Current Liabilities: ₹504.89 (vs. ₹326.90)

Cash Flow Statement Highlights (Standalone, R in Lakhs)

For the Period Ended September 30, 2026 (vs. Year Ended March 31, 2026)

  • Net Cash from Operating Activities: ₹48,716.82 (vs. ₹(5,081.63))
  • Net Cash from Investing Activities: ₹26,110.32 (vs. ₹1,76,980.92)
  • Net Cash from Financing Activities: ₹(20,364.33) (vs. ₹(1,23,578.46))
  • Net Increase in Cash: ₹2,241.50 (vs. ₹2,586.17)
  • Cash at End of Period: ₹516.76 (vs. ₹292.61)

Auditor's Review

The Limited Review Report was provided by Subramanian & Associates, Chartered Accountants (Firm Regn No. 012360s). The review was conducted in accordance with SRE 2410. The auditors concluded that nothing has come to their attention that causes them to believe that the interim financial information contains any material misstatement or has not disclosed the information required by Regulation 33 of the SEBI LODR Regulations.

Compliance Statement

The results have been prepared in accordance with Indian Accounting Standard (Ind AS) 34 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.