Board Meeting Details

The Board of Directors meeting was held on May 27, 2026, commencing at 3:00 PM and concluding at 3:30 PM. The board approved the audited financial results along with the unmodified auditor's report issued by M/s Subash Vipan & Co, Chartered Accountants.

Financial Performance - Year Ended March 31, 2026 (vs. Previous Year)

Income Statement Highlights (All figures in ₹ lakhs):

  • Total Income from Operations: ₹137.20 lakh (Previous Year: ₹199.39 lakh)
  • Net Sales/Income from operations: ₹135.14 lakh
  • Other Operating Income: ₹2.06 lakh
  • Total Expenses: ₹149.71 lakh (Previous Year: ₹213.32 lakh)
  • Purchase of stock in trade: ₹117.26 lakh
  • Employee benefits expense: ₹16.12 lakh
  • Depreciation & amortization: ₹3.33 lakh
  • Finance Costs: ₹0.04 lakh
  • Other expenses: ₹4.83 lakh
  • Electricity expense: ₹0.87 lakh
  • Professional Charges: ₹3.53 lakh
  • Fee & Taxes: ₹3.89 lakh
  • Profit before exceptional items and tax: (₹12.51) lakh (Previous Year: (₹13.93) lakh)
  • Exceptional items: (₹0.08) lakh
  • Profit before tax: (₹12.43) lakh (Previous Year: (₹11.98) lakh)
  • Tax expense: ₹0.00 lakh (Previous Year: (₹1.95) lakh)
  • Profit for the period: (₹12.43) lakh (Previous Year: (₹11.98) lakh)
  • Attributable to owners: (₹6.80) lakh
  • Attributable to non-controlling interests: (₹5.63) lakh
  • Earnings Per Share:
  • Basic EPS: (₹0.31) (Previous Year: (₹0.30))
  • Diluted EPS: (₹0.31) (Previous Year: (₹0.30))

Quarterly Performance (Q4 FY26 vs Q4 FY25)

  • Total Income from Operations: ₹23.13 lakh (Q4 FY25: ₹58.46 lakh)
  • Profit before tax: (₹4.28) lakh (Q4 FY25: (₹5.05) lakh)
  • Profit for the period: (₹4.28) lakh (Q4 FY25: (₹5.05) lakh)

Financial Position as at March 31, 2026 (vs. Previous Year)

  • Paid-up equity share capital: ₹401.00 lakh (unchanged)
  • Reserves: (₹104.24) lakh (Previous Year: (₹91.81) lakh)
  • Total Equity: ₹296.76 lakh (Previous Year: ₹309.19 lakh)
  • Total Assets: ₹354.40 lakh (Previous Year: ₹367.39 lakh)
  • Non-Current Assets: ₹149.23 lakh
  • Current Assets: ₹205.17 lakh
  • Inventories: ₹194.97 lakh
  • Trade Receivables: ₹4.62 lakh
  • Cash & Cash equivalents: ₹2.27 lakh
  • Total Liabilities: ₹57.64 lakh
  • Non-current Liabilities: ₹53.92 lakh
  • Current Liabilities: ₹3.72 lakh

Cash Flow Statement for FY26 (vs. FY25)

  • Cash flow from Operating Activities: (₹10.95) lakh (Previous Year: ₹27.11 lakh)
  • Cash flow from Investing Activities: (₹3.17) lakh (Previous Year: (₹0.38) lakh)
  • Cash flow from Financing Activities: ₹0.00 lakh (Previous Year: ₹2.52 lakh)
  • Net decrease in cash: (₹14.12) lakh
  • Cash and cash equivalents at end: ₹33.46 lakh (Previous Year: ₹47.58 lakh)

Audit Opinion

M/s Subash Vipan & Co, Chartered Accountants issued an unmodified audit opinion on the financial results. The auditors confirmed that the financial results give a true and fair view in conformity with Indian Accounting Standards (Ind AS) and comply with Regulation 33 of SEBI Listing Regulations.

Significant Accounting Policies

The financial results are prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The accompanying Significant Accounting Policies and notes form an integral part of the financial statements.

Annexure I - Impact of Audit Qualifications

Not applicable as the audit report contains an unmodified opinion with no qualifications.