Financial Performance Highlights

Quarterly Performance (Q4 FY26):

  • Revenue from Operations: ₹939.66 lakh
  • Other Income: ₹0.09 lakh
  • Total Income: ₹939.75 lakh
  • Total Expenses: ₹1,020.39 lakh
  • Loss Before Tax: ₹(80.64) lakh
  • Deferred Tax Benefit: ₹(55.73) lakh
  • Net Loss: ₹(24.91) lakh
  • Basic and Diluted EPS: ₹(0.05)

Annual Performance (FY 2025-26):

  • Revenue from Operations: ₹1,003.99 lakh
  • Other Income: ₹0.14 lakh
  • Total Income: ₹1,004.13 lakh
  • Total Expenses: ₹1,225.53 lakh
  • Loss Before Tax: ₹(221.40) lakh
  • Deferred Tax Benefit: ₹(55.73) lakh
  • Net Loss: ₹(165.67) lakh
  • Basic and Diluted EPS: ₹(0.31)

Comparative Figures (FY 2024-25):

  • Net Loss: ₹(43.14) lakh
  • Basic and Diluted EPS: ₹(0.08)

Balance Sheet Position (as at March 31, 2026)

  • Paid-up Equity Share Capital: ₹5,376.00 lakh (unchanged from previous year)
  • Other Equity: Negative ₹(2,156.31) lakh (previous year: Negative ₹(1,990.64) lakh)
  • Total Equity: ₹3,219.69 lakh
  • Current Borrowings: ₹994.47 lakh
  • Other Current Liabilities: ₹37.67 lakh
  • Total Current Liabilities: ₹1,032.14 lakh
  • Total Assets: ₹4,251.83 lakh

Cash Flow Statement (FY 2025-26)

  • Cash Flow from Operating Activities: ₹(0.79) lakh
  • Cash Flow from Investing Activities: ₹0.75 lakh
  • Net Decrease in Cash: ₹(0.04) lakh
  • Closing Cash & Cash Equivalents: ₹0.09 lakh

Corporate Insolvency Resolution Process (CIRP)

The National Company Law Tribunal (NCLT), Mumbai Bench, by an Order dated April 29, 2026, suspended the powers of the board of directors and appointed Mr. Rajneesh Kumar Aggarwal as an Interim Resolution Professional (IRP). He was later appointed as Resolution Professional in the first Committee of Creditors (COC) meeting held on May 25, 2026. All powers of the Board of Directors and key managerial personnel ceased to have effect and are vested with the Resolution Professional.

The Resolution Professional believes the company will be a going concern as per the revival plan prepared. The financial results were taken on record and authorized for issue by the Resolution Professional.

Audit Report Details

The statutory auditors, Rajesh Kumar Gokul Chandra & Associates, issued an unmodified opinion on the financial results. However, they emphasized several material matters:

1. Investment Valuation: Unquoted investments are valued at cost pending fair valuation by an independent valuer.

2. Illiquid Stock Valuation: Investments in small-cap illiquid stocks with minimal or suspended trading are valued at last traded price without provision for possible losses.

3. Delayed Share Transfers:

  • Sale of 1,60,812 shares of Pursottam Investofin Ltd (₹64.32 lakh) during FY25-26 was completed in Demat account only on May 8, 2026.
  • Purchase of shares worth ₹221.50 lakh in March 2026 were transferred to Demat account on May 16, 2026.
  • These shares were not considered in the closing stock valuation as of March 31, 2026.

Business Segment

As per IndAS 108, the company operates in a single business segment of "Finance & Investments."