Audit Opinion Details

Statutory Auditors C. V. Paturkar & Co., Chartered Accountants, Nagpur issued an unmodified opinion on the Standalone Audited Financial Statements for the financial year ended 31st March, 2026. The audit was conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013.

Financial Results for Year Ended March 31, 2026

  • Revenue from operations: ₹260.34 lakhs
  • Other income: ₹0.00 lakhs
  • Total income: ₹260.34 lakhs
  • Total expenses: ₹251.02 lakhs
  • Profit before tax: ₹9.32 lakhs
  • Tax expense: ₹0.00 lakhs
  • Net profit for the year: ₹9.32 lakhs
  • Basic earnings per share: ₹0.11
  • Diluted earnings per share: ₹0.11

Quarterly Financial Performance

  • Q4 FY2026: Revenue ₹260.34 lakhs, Net Profit ₹22.25 lakhs, EPS ₹0.26
  • Q3 FY2026: Net Loss ₹(2.77) lakhs, EPS ₹(0.03)
  • Q2 FY2026: Net Loss ₹(6.28) lakhs, EPS ₹(0.13)

Balance Sheet Position as at March 31, 2026

  • Total assets: ₹756 lakhs (Previous year: ₹382 lakhs)
  • Non-current assets: ₹20 lakhs (Previous: ₹284 lakhs)
  • Current assets: ₹736 lakhs (Previous: ₹98 lakhs)
  • Equity share capital: ₹852.50 lakhs (Previous: ₹500.00 lakhs)
  • Other equity: ₹(153) lakhs (Previous: ₹(163) lakhs)
  • Total equity: ₹699 lakhs (Previous: ₹337 lakhs)
  • Non-current liabilities: ₹34 lakhs (Previous: ₹44 lakhs)
  • Current liabilities: ₹23 lakhs (Previous: ₹2 lakhs)

Cash Flow Statement for Year Ended March 31, 2026

  • Net cash used in operating activities: ₹(343) lakhs
  • Net cash generated from investing activities: ₹0 lakhs
  • Net cash from financing activities: ₹353 lakhs
  • Net increase in cash: ₹9 lakhs
  • Cash and cash equivalents at year-end: ₹25 lakhs
  • Major financing activities include increase in share capital of ₹353 lakhs

Key Audit Findings and Compliance

  • Auditors expressed unmodified opinion on both financial statements and internal financial controls
  • Company maintained proper fixed asset records with reasonable verification program
  • No material discrepancies in physical verification of inventories
  • Company did not grant any loans to parties under Section 189 of Companies Act
  • Regular in depositing undisputed statutory dues including PF, ESI, Income Tax, GST
  • Complied with provisions of Sections 185 and 186 regarding loans, investments, guarantees
  • No fraud reported by or on the Company during the year
  • Paid managerial remuneration in accordance with Section 197 read with Schedule V
  • Compliant with related party transaction provisions under Sections 177 and 188

Capital Structure Changes

  • Paid-up equity share capital increased from ₹500.00 lakhs to ₹852.50 lakhs
  • Face value per share: ₹10.00
  • Number of equity shares: 85,25,000 (assuming face value ₹10)

Other Information

  • Company formerly known as Hari Govind International Limited
  • Results reviewed by Audit Committee and approved by Board on 30/05/2026
  • Figures for previous period rearranged/regrouped for comparability