Praruh Technologies Limited held its Board of Directors meeting on May 29, 2026, which commenced at 04:00 PM and concluded at 5:00 PM. The board considered and approved the following items:

  • Audited financial results for the half year and financial year ended March 31, 2026, along with Audited Review report
  • Statement on Deviation or Variation in utilization of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The statutory auditors, STRG & Associates, Chartered Accountants (FRN 014826N), issued an Audited Review Report on the standalone financial results of the Company for the half and financial year ended March 31, 2026 with an unmodified opinion.

Financial Performance Highlights

Year Ended March 31, 2026:

  • Total Income: ₹8,382.15 lakhs
  • Total Expenses: ₹7,237.90 lakhs
  • Profit Before Tax: ₹1,144.22 lakhs
  • Tax Expense: ₹316.60 lakhs (Current tax: ₹316.60 lakhs, Tax expense pertains to earlier year: ₹(1.93) lakhs, Deferred tax: ₹12.83 lakhs)
  • Net Profit: ₹842.39 lakhs
  • Earnings Per Share (Basic and Diluted): ₹6.98

Comparative Year Ended March 31, 2025:

  • Total Income: ₹3,422.68 lakhs
  • Total Expenses: ₹2,725.48 lakhs
  • Profit Before Tax: ₹689.06 lakhs
  • Tax Expense: ₹238.93 lakhs (Current tax: ₹238.93 lakhs, Tax expense pertains to earlier year: ₹(3.23) lakhs)
  • Net Profit: ₹446.89 lakhs
  • Earnings Per Share (Basic and Diluted): ₹4.38

Balance Sheet Position (as at March 31, 2026)

Equity and Liabilities:

  • Share Capital: ₹1,393.00 lakhs (compared to ₹1,020.00 lakhs as at March 31, 2025)
  • Reserves and Surplus: ₹3,478.06 lakhs (compared to ₹787.26 lakhs as at March 31, 2025)
  • Trade Payables: ₹7,343.21 lakhs (Micro enterprises: ₹2,377.03 lakhs; Other creditors: ₹4,966.18 lakhs)
  • Total Equity and Liabilities: ₹12,345.44 lakhs (compared to ₹4,569.12 lakhs as at March 31, 2025)

Assets:

  • Property, Plant and Equipment: ₹869.40 lakhs
  • Intangible assets under development: ₹178.31 lakhs
  • Inventories: ₹2,011.48 lakhs
  • Trade Receivables: ₹7,557.88 lakhs
  • Cash and Bank Balances: ₹1,228.57 lakhs (Cash and cash equivalents: ₹271.63 lakhs; Bank balances other than cash: ₹956.94 lakhs)
  • Total Assets: ₹12,345.44 lakhs

IPO and Fund Utilization

The company completed its Initial Public Offer (IPO) of 37,30,000 Equity shares of face value of ₹10 each at a price of ₹63 per Equity Share (including a share premium of ₹53 per Equity Share) aggregating to ₹2,349.90 lakhs. The equity shares got listed on the SME Platform of BSE Limited on October 1, 2025.

Utilization of IPO proceeds as of March 31, 2026:

  • Repayment of Certain Borrowings: ₹632.93 lakhs utilized out of ₹633.00 lakhs allocated
  • Unidentified Acquisitions in India: ₹NIL utilized out of ₹100.00 lakhs allocated
  • Funding of working capital requirement: ₹800.00 lakhs utilized out of ₹1,100.00 lakhs allocated
  • General corporate purposes: ₹190.55 lakhs utilized out of ₹290.50 lakhs allocated
  • Issue Expense: ₹226.40 lakhs utilized out of ₹226.40 lakhs allocated
  • Total Utilized: ₹1,849.88 lakhs
  • Unutilized Amount: ₹500.02 lakhs (temporarily invested in fixed deposits with scheduled banks)

Additional Notes

  • The financial results have been prepared in accordance with Accounting Standards prescribed under the Companies Act, 2013
  • The company is engaged in a single business segment, making AS-17 "Segment reporting" not applicable
  • The company assessed the impact of new Labour Codes notified by the Government of India on November 21, 2025, resulting in an estimated one-time increase of Rs. NIL in employee benefit provisions
  • Figures for the half year ended March 31, 2026 are balancing figures between audited figures for the year ended March 31, 2026 and unaudited reviewed half year ended September 30, 2025