Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Financial Year ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 30 & 33

Audit Opinion:

Unmodified Opinion (Clean)

Auditor’s Comment:

The statutory auditors, M/s. Sanmarks & Associates, included an 'Emphasis of Matter' paragraph. They drew attention to Note (g), stating that the company incurred a cash loss of ₹310.22 million in FY26, indicating that operational revenues and receipts were insufficient to meet operational cash expenditures. This represents an aggravation from the preceding year (FY25), which had a financial loss entirely absorbed by non-cash charges with no actual cash erosion. The opinion itself is not modified based on this matter.

Key Financial Highlights [All amounts in INR Millions]:

Standalone Results:

For the Year Ended March 31, 2026 (FY26) vs. Year Ended March 31, 2025 (FY25):

  • Revenue from Operations: ₹1,529.64 (FY26) vs. ₹1,466.12 (FY25)
  • Total Income: ₹1,583.45 (FY26) vs. ₹1,515.45 (FY25)
  • EBITDA: Not explicitly disclosed in the provided data.
  • Net Profit: Net Loss of ₹(557.33) (FY26) vs. Net Profit of ₹262.06 (FY25)
  • EPS: Basic and Diluted EPS of ₹(10.71) per share (FY26) vs. Basic and Diluted EPS of ₹7.15 per share (FY25)
  • Other Equity: ₹2,179.29 (as of March 31, 2026) vs. ₹2,579.08 (as of March 31, 2025)
  • Cash and Cash Equivalents: ₹32.45 (as of March 31, 2026) vs. ₹1,868.41 (as of March 31, 2025)
  • Debt:
  • Non-Current Borrowings: ₹194.40
  • Current Borrowings: ₹458.40
  • Total Borrowings: ₹652.80

For the Quarter Ended March 31, 2026 (Q4 FY26) vs. Quarter Ended March 31, 2025 (Q4 FY25):

  • Revenue from Operations: ₹565.56 (Q4 FY26) vs. ₹567.12 (Q4 FY25)
  • Total Income: ₹585.30 (Q4 FY26) vs. ₹584.70 (Q4 FY25)
  • Net Profit: Net Loss of ₹(113.82) (Q4 FY26) vs. Net Loss of ₹(155.47) (Q4 FY25)
  • EPS: Basic and Diluted EPS of ₹(0.31) per share (Q4 FY26) vs. Basic and Diluted EPS of ₹(3.68) and ₹(3.65) per share (Q4 FY25)

Consolidated Results:

Not Specified. The provided results are on a standalone basis.

Segment-wise Performance [All amounts in INR Millions]:

The company operates in two segments: Cable Division and TCS (Train Collision Avoidance System) Division.

For the Year Ended March 31, 2026 (FY26):

  • Segment Revenue:
  • Cable Division: ₹1,529.64
  • TCS Division: ₹0.00
  • Segment Profit/(Loss) before exceptional items:
  • Cable Division: Profit of ₹49.94
  • TCS Division: Loss of ₹(602.27)

For the Quarter Ended March 31, 2026 (Q4 FY26):

  • Segment Revenue:
  • Cable Division: ₹565.53
  • TCS Division: ₹0.03
  • Segment Profit/(Loss) before exceptional items:
  • Cable Division: Profit of ₹35.42
  • TCS Division: Loss of ₹(149.24)

Corporate Actions:

Not Specified. No dividend, buyback, or other capital structure changes were announced in this filing.

Other Significant Information:

  • Cash Flow: Net cash used in operating activities was ₹(862.31) million for FY26. Net cash used in investing activities was ₹(31.22) million. Net cash used in financing activities was ₹(650.37) million.
  • Assets and Liabilities: Total assets stood at ₹3,207.00 million as of March 31, 2026, down from ₹4,017.80 million the previous year. Total equity was ₹2,579.29 million.