Board Meeting Details

The Board of Directors meeting was held on May 25, 2026, commencing at 2:00 PM IST and concluding at 5:30 PM IST. The board approved the audited standalone financial results for the half year and financial year ended March 31, 2026.

Financial Results Summary

Revenue Performance

  • Revenue from operations: ₹1,196.77 lakh for FY26 (vs ₹1,055.32 lakh in FY25)
  • Other income: ₹30.90 lakh for FY26 (vs ₹27.76 lakh in FY25)
  • Total revenue: ₹1,227.67 lakh for FY26 (vs ₹1,083.07 lakh in FY25)

Expense Breakdown

  • Purchases of stock-in-trade: ₹412.00 lakh
  • Employee benefits expense: ₹248.80 lakh
  • Depreciation and amortization: ₹25.81 lakh
  • Other expenses: ₹314.55 lakh
  • Total expenses: ₹1,000.88 lakh

Profitability Metrics

  • Profit before tax: ₹226.78 lakh
  • Tax expense: ₹62.76 lakh (Current tax: ₹60.63 lakh, Prior year tax: ₹0.18 lakh, Deferred tax: ₹1.95 lakh)
  • Profit after tax: ₹164.03 lakh
  • Basic and diluted EPS: ₹12.52 per share (of ₹10 each)

Half-Yearly Performance (Unaudited)

  • H2 FY26 revenue: ₹629.44 lakh with profit of ₹90.94 lakh
  • H1 FY26 revenue: ₹598.23 lakh with profit of ₹73.09 lakh

Audit Opinion

M/s Phillipos George & Co., Chartered Accountants (Firm Registration No: 002650S) issued an unmodified opinion on the standalone financial statements. The audit was conducted in accordance with Standards on Auditing, and no key audit matters were identified requiring communication.

Balance Sheet Position (as at March 31, 2026)

Liabilities

  • Reserves and surplus: ₹130.99 lakh
  • Current liabilities: ₹645.57 lakh
  • Trade payables: ₹36.43 lakh
  • Outstanding dues to micro enterprises: ₹28.27 lakh
  • Outstanding dues to other creditors: ₹61.10 lakh
  • Other current liabilities: ₹519.87 lakh
  • Short-term provisions: ₹0.90 lakh

Assets

  • Non-current assets: ₹302.07 lakh
  • Property, plant and equipment: ₹192.62 lakh
  • Deferred tax assets: ₹12.25 lakh
  • Long-term loans and advances: ₹97.20 lakh
  • Current assets: ₹600.28 lakh
  • Inventories: ₹10.97 lakh
  • Trade receivables: ₹2.90 lakh
  • Cash and cash equivalents: ₹524.90 lakh
  • Short-term loans and advances: ₹43.82 lakh
  • Other current assets: ₹17.70 lakh

Cash Flow Statement

  • Cash from operating activities: ₹188.28 lakh
  • Cash used in investing activities: ₹(40.54) lakh (mainly purchase of tangible assets: ₹67.76 lakh)
  • Cash used in financing activities: ₹(45.85) lakh (dividends paid)
  • Net increase in cash: ₹101.89 lakh
  • Cash equivalents at year-end: ₹524.90 lakh

Dividend Declaration

The company declared and paid dividends during the financial year in compliance with Section 123 of the Companies Act, 2013.

Annexures

  • Annexure A: Statement on matters specified in Companies (Auditor's Report) Order, 2020
  • Annexure B: Report on Internal Financial Controls over Financial Reporting