Popular Estate Management Limited submitted revised unaudited financial results for the quarter and half year ended September 30, 2026, to correct an error in the company name within the limited review report. The submission was made under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance (Quarter Ended September 30, 2026)

  • Total Income: ₹0.01 lakh (consisting entirely of Other Income)
  • Employee Benefits Expenses: ₹3.36 lakh
  • Depreciation and Amortization Expenses: ₹0.07 lakh
  • Other Expenses: ₹2.91 lakh
  • Total Expenses: ₹6.34 lakh
  • Net Loss: ₹6.33 lakh
  • Earnings Per Share (Basic and Diluted): (₹0.05)

Financial Performance (Half-Year Ended September 30, 2026)

  • Total Income: ₹0.01 lakh
  • Employee Benefits Expenses: ₹6.72 lakh
  • Depreciation and Amortization Expenses: ₹0.15 lakh
  • Other Expenses: ₹11.79 lakh
  • Total Expenses: ₹18.67 lakh
  • Net Loss: ₹18.65 lakh
  • Earnings Per Share (Basic and Diluted): (₹0.13)

Balance Sheet Position (As at September 30, 2026)

  • Total Assets: ₹5,048.35 lakh
  • Non-Current Assets: ₹151.76 lakh (including Property, Plant and Equipment: ₹6.10 lakh, Investments: ₹97.19 lakh, Deferred tax assets: ₹48.47 lakh)
  • Current Assets: ₹4,896.59 lakh (including Inventories: ₹501.30 lakh, Cash and cash equivalents: ₹1.76 lakh, Other current assets: ₹4,393.53 lakh)
  • Total Equity: ₹4,194.77 lakh (Share capital: ₹1,400.02 lakh, Other Equity: ₹2,794.75 lakh)
  • Non-Current Liabilities: ₹846.64 lakh (Borrowings)
  • Current Liabilities: ₹6.94 lakh

Cash Flow Statement (Half-Year Ended September 30, 2026)

  • Net cash from operating activities: (₹18.67) lakh
  • Net cash from financing activities: ₹19.00 lakh (Increase in unsecured/bank borrowings)
  • Net increase in cash and cash equivalents: ₹0.33 lakh
  • Cash and cash equivalents at beginning: ₹1.43 lakh
  • Cash and cash equivalents at end: ₹1.76 lakh

Additional Information

  • Paid-Up Equity Share Capital: ₹1,400.02 lakh (1,40,00,200 equity shares of ₹10/- each)
  • Contingent Liabilities: ₹2,216.69 lakh (unchanged from March 31, 2026) related to claims subject to legal proceedings at various appellate authorities. Management believes the company's position will be upheld and outcomes will not have material adverse effect.
  • The company has substantial interest in two associated partnership firms but does not prepare consolidated financial statements as there are no operations in these firms during the period.
  • The company operates in a single segment: Infrastructure.
  • Deferred tax assets of ₹48.47 lakh have not been recognized due to uncertainty about sufficient future taxable income.
  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 3, 2026.
  • The limited review was conducted by statutory auditor H. S. Jani & Associates (FRN: 127515W).