1. Audited Financial Results
The Board considered and approved the Audited Financial Results (Standalone) of the Company for the quarter and financial year ended March 31, 2026.
Financial Performance (₹ in Lakhs):
- Quarter Ended March 31, 2026: Net loss of ₹13.09 lakhs
- Year Ended March 31, 2026: Net profit of ₹12.13 lakhs
- Revenue from Operations Q4 FY26: ₹225.25 lakhs (Q4 FY25: ₹163.87 lakhs)
- Revenue from Operations FY26: ₹875.12 lakhs (FY25: ₹832.79 lakhs)
- Total Income FY26: ₹902.93 lakhs (FY25: ₹859.08 lakhs)
- Exceptional Item FY26: Loss of ₹9.84 lakhs (one-time recognition of past service cost relating to gratuity liability)
- Earnings per share (Basic) FY26: ₹0.21 (FY25: ₹0.20)
- Earnings per share (Diluted) FY26: ₹0.21 (FY25: ₹0.17)
2. Appointment of Secretarial Auditor
The Board appointed M/s. D. M. Zaveri & Co., Company Secretaries, as Secretarial Auditor of the Company for the Financial Year 2026-27. The appointment was made on May 26, 2026.
3. Appointment of Internal Auditor
The Board appointed M/s. Sanket Sangoi & Associates, Chartered Accountants, as Internal Auditor of the Company for the Financial Year 2026-27. The appointment was made on May 26, 2026.
Additional Financial Information
Balance Sheet Highlights (as of March 31, 2026, ₹ in Lakhs):
- Total Assets: ₹1,60,576
- Equity Share Capital: ₹669.00
- Other Equity: Negative ₹35 (represented by % symbol in source)
- Borrowings: ₹33,799 (current), ₹3.09 (non-current)
- Trade Payables: ₹37,544
Cash Flow Highlights (FY26, ₹ in Lakhs):
- Net Cash Flow from Operations: ₹(201.88)
- Net Cash Flow from Investing Activities: ₹(32.98)
- Net Cash Flow from Financing Activities: ₹123.75
- Net Decrease in Cash: ₹(83.43)
Notes to Financial Results
- The results were reviewed by the Audit Committee and approved by the Board on May 26, 2026.
- During the quarter ended December 31, 2025, 1,00,000 equity share warrants lapsed due to non-receipt of balance subscription amount. The amount of ₹4,95,000 received upfront was forfeited and transferred to Retained Earnings.
- Exceptional item of ₹9.84 lakhs represents one-time recognition of past service cost relating to gratuity liability based on actuarial valuation.
- Contingent Liability: Income Tax assessment for FY 2018-19 resulted in demand of ₹11,89,700/-. The company has preferred an appeal before CIT(A).
Meeting Details
The Board meeting commenced at 03:00 p.m. (IST) and concluded at 08:45 p.m. (IST) on May 26, 2026.
The information is available on the company website at www.panabyte.com.