Financial Results Overview
Income Statement (All figures in ₹ lakhs):
Quarter Ended March 31, 2026:
- Total Income: ₹386.45
- Total Expenses: ₹398.10
- Loss Before Tax: ₹(11.65)
- Total Tax Expense: ₹7.67
- Net Loss: ₹(3.98)
- Earnings Per Share (Basic & Diluted): ₹(0.09)
Year Ended March 31, 2026:
- Total Income: ₹687.07
- Total Expenses: ₹500.27
- Profit Before Tax: ₹186.80
- Total Tax Expense: ₹(41.69)
- Net Profit: ₹145.11
- Earnings Per Share (Basic & Diluted): ₹3.45
- Other Comprehensive Income: ₹0.00
- Total Comprehensive Income: ₹145.11
Comparative Figures Year Ended March 31, 2025:
- Net Profit: ₹124.71
- Other Comprehensive Income: ₹5,076.12
- Total Comprehensive Income: ₹5,200.83
Balance Sheet Position as at March 31, 2026
- Paid-up Equity Share Capital: ₹423.10 lakhs (Face Value ₹10 each)
- Other Equity: ₹17,275.05 lakhs
- Total Assets: ₹17,933.49 lakhs
- Non-current Assets: ₹17,011.52 lakhs
- Current Assets: ₹921.97 lakhs (including Cash & Cash Equivalents: ₹701.32 lakhs)
- Total Liabilities: ₹235.34 lakhs
- Current Liabilities: ₹235.34 lakhs (including Trade Payables: ₹197.93 lakhs)
Cash Flow Statement for Year Ended March 31, 2026
- Net Cash from Operating Activities: ₹(150.59) lakhs
- Net Cash from Investing Activities: ₹(9,184.58) lakhs
- Net Cash from Financing Activities: ₹0.00 lakhs
- Net Decrease in Cash: ₹(9,335.17) lakhs
- Cash at Beginning: ₹10,036.49 lakhs
- Cash at End: ₹701.32 lakhs
Significant Investments and Transactions
- Acquired 39,00,781 Compulsory Convertible Preference Shares of Blue Energy Motors Limited at cost of ₹17,000.00 lakhs, fair valued through OCI
- Acquired 1 equity share of Blue Energy Motors Limited at cost of ₹0.00 lakhs (actual amount ₹436)
- Prior year exceptional item: Buyback profit of ₹255.84 lakhs on surrendered 12,241 equity shares of Strata Geosystems (India) Private Limited
Tax Matters
- Current year tax expense includes current tax of ₹30.84 lakhs and deferred tax of ₹(2.83) lakhs
- Prior period tax adjustment of ₹(1.22) lakhs
- Prior year included significant tax provisions of ₹(2,823.83) lakhs related to capital gains on disposal of Strata Geosystems shares
Management Compensation
- Employee benefits expense includes remuneration of ₹9.57 lakhs paid to Managing Director Shyam B. Bagrodia, approved by board on October 10, 2025, subject to shareholder approval
Business Segment
- Single business segment: Trading (Fabrics/Yarn/Metals)