Board Meeting Outcomes
The Board of Directors meeting commenced at 01:00 p.m. and concluded at 03:30 p.m. on May 25, 2026. Key approvals included:
- Approved the Audited Financial Results for the quarter and financial year ended March 31, 2026, along with the Auditor's Report.
- Approved the Audited Financial Statements for the financial year ended March 31, 2026.
- Provided a declaration pursuant to Regulation 33(3)(d) of SEBI LODR Regulations that statutory auditors issued an unmodified opinion on the audited financial results.
- Considered and approved the re-appointment of M/s. Kishan Tilva & Company (Membership Number: 188518), Chartered Accountants, as Internal Auditor for the period 2026-27.
Financial Performance Highlights (Standalone)
(All figures in ₹ lakhs)
Annual Performance (FY26 vs FY25):
- Revenue from Operations: ₹1,110.84 (FY26) vs ₹765.81 (FY25) - 45.1% increase
- Other Income: ₹13.52 (FY26) vs ₹2.78 (FY25)
- Total Income: ₹1,124.36 (FY26) vs ₹768.59 (FY25)
- Total Expenses: ₹781.62 (FY26) vs ₹623.26 (FY25)
- Profit Before Tax: ₹342.75 (FY26) vs ₹145.33 (FY25) - 135.8% increase
- Tax Expense: ₹32.50 (Current) + ₹(-14.10) (Deferred) = ₹18.40 (FY26) vs ₹(-0.35) (Current) + ₹11.09 (Deferred) = ₹10.74 (FY25)
- Net Profit for Period: ₹324.35 (FY26) vs ₹134.60 (FY25) - 141.0% increase
- Total Comprehensive Income: ₹324.42 (FY26) vs ₹142.36 (FY25)
- Earnings Per Share (Basic/Diluted): ₹0.06 (FY26) vs ₹0.03 (FY25)
Quarterly Performance (Q4 FY26 vs Q4 FY25):
- Revenue from Operations: ₹238.95 (Q4 FY26) vs ₹418.81 (Q4 FY25) - 42.9% decrease
- Other Income: ₹10.22 (Q4 FY26) vs ₹0.00 (Q4 FY25)
- Total Income: ₹249.17 (Q4 FY26) vs ₹418.81 (Q4 FY25)
- Total Expenses: ₹265.27 (Q4 FY26) vs ₹193.87 (Q4 FY25)
- Loss Before Tax: ₹(16.10) (Q4 FY26) vs Profit ₹224.94 (Q4 FY25)
- Tax Expense: ₹(17.50) (Current) + ₹(-9.11) (Deferred) = ₹(26.61) (Q4 FY26) vs ₹0.00 (Current) + ₹(-0.91) (Deferred) = ₹(-0.91) (Q4 FY25)
- Net Profit for Period: ₹10.50 (Q4 FY26) vs ₹225.85 (Q4 FY25)
- Total Comprehensive Income: ₹10.58 (Q4 FY26) vs ₹233.61 (Q4 FY25)
- Earnings Per Share (Basic/Diluted): ₹0.00 (Q4 FY26) vs ₹0.04 (Q4 FY25)
Balance Sheet Position (as at March 31, 2026)
- Equity Share Capital: ₹5,488.82 lakhs
- Other Equity: ₹1,529.87 lakhs
- Total Equity: ₹7,018.69 lakhs
- Non-current Borrowings: ₹757.90 lakhs
- Current Borrowings: ₹2,251.60 lakhs
- Trade Payables: ₹198.48 lakhs (Micro/Small: ₹12.06 lakhs; Others: ₹186.42 lakhs)
- Total Assets: ₹14,111.51 lakhs
Cash Flow Statement (FY26 vs FY25)
- Cash from Operating Activities: ₹291.27 (FY26) vs ₹(82.75) (FY25)
- Cash from Investing Activities: ₹(372.76) (FY26) vs ₹(8.56) (FY25)
- Cash from Financing Activities: ₹78.78 (FY26) vs ₹4.36 (FY25)
- Net Change in Cash: ₹(2.71) (FY26) vs ₹(86.94) (FY25)
- Cash at End of Period: ₹27.14 (FY26) vs ₹29.85 (FY25)
Capital Structure
- Paid-up Equity Share Capital: ₹5,276.68 lakhs (as referenced in financial results)
- Face Value per Equity Share: ₹1.00
- Reserves excluding Revaluation Reserves: ₹1,518.44 lakhs (FY26) vs ₹815.79 lakhs (FY25)
Auditor Information
- Statutory Auditors: M/s. S Parth & Co, Chartered Accountants (FRN: 154463W)
- Audit Report Date: May 25, 2026
- Audit Opinion: Unmodified opinion issued on standalone financial results
- Internal Auditors: M/s. Kishan Tilva & Company (Membership Number: 188518) reappointed for 2026-27
Additional Notes
- Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
- Company has only one reportable segment - Construction business
- Consolidated financial statements not applicable
- Previous period figures have been restated/regrouped for comparability
- The quarter ended March 31, 2026 results represent balancing figures between audited full-year figures and published unaudited year-to-date figures up to the third quarter