Board Meeting Details

The Board of Directors meeting was held on Thursday, 28th May 2026 at 2:00 PM at the registered office in Nagpur. The meeting commenced at 2:00 PM and concluded at 9:40 PM.

Financial Results Approval

The Board approved the Audited Financial Results for the quarter and financial year ended 31st March, 2026 as recommended by the Audit Committee.

Financial Performance Highlights (₹ in Lakhs)

Quarter Ended 31/03/2026 (Audited):

  • Revenue from operations: ₹6,121.25
  • Other income: ₹1,492.75
  • Total income: ₹7,614.00
  • Total expenses: ₹320.37
  • Profit before tax: ₹7,293.63
  • Current tax: ₹1,108.91
  • Deferred tax: ₹70.65
  • Profit for the period: ₹6,114.07
  • Basic EPS: ₹7.95
  • Diluted EPS: ₹7.95

Financial Year Ended 31/03/2026 (Audited):

  • Revenue from operations: ₹6,121.25
  • Other income: ₹7,149.96
  • Total income: ₹13,271.21
  • Total expenses: ₹2,840.49
  • Profit before tax: ₹10,430.72
  • Current tax: ₹2,260.66
  • Deferred tax: ₹70.65
  • Profit for the year: ₹8,099.41
  • Basic EPS: ₹10.54
  • Diluted EPS: ₹10.54
  • Paid-up equity share capital: ₹2,306.21 (Face value ₹3 per share)

Previous Year Comparison (31/03/2025):

  • Total income: ₹823.26
  • Profit before tax: ₹803.39
  • Current tax: ₹102.00
  • Profit for the year: ₹803.39

Balance Sheet Position (as at 31/03/2026)

  • Total assets: ₹14,056.86 lakhs (Previous year: ₹3,708.66 lakhs)
  • Investments: ₹1,318.75 lakhs
  • Other current assets: ₹10,002.64 lakhs
  • Bank balances: ₹89.68 lakhs
  • Current tax assets: ₹1,675.22 lakhs
  • Equity share capital: ₹2,306.21 lakhs
  • Other equity: ₹9,384.25 lakhs (Previous year: ₹1,284.84 lakhs)
  • Deferred tax liabilities: ₹70.65 lakhs
  • Provisions: ₹2,283.45 lakhs

Cash Flow Statement

  • Net cash flow from operating activities: (₹6,162.06) lakhs
  • Net cash from investing activities: ₹6,316.78 lakhs
  • Net cash from financing activities: (₹79.66) lakhs
  • Closing cash & cash equivalents: ₹89.68 lakhs

Financial Ratios

  • Debt service coverage ratio: 3.42
  • Interest service coverage ratio: 131.98
  • Current ratio: 5.55
  • Operating margin: 54.89%
  • Net profit margin: 132.32%
  • Inventory turnover: 6.04

Significant Corporate Developments

1. The company altered its Memorandum of Association with respect to its objects through a special resolution passed in the Annual General Meeting held on 26.09.2025, receiving ROC approval on 07.10.2025.

2. The Board passed a resolution on 07.10.2025 for conversion of investment into stock-in-trade (except investment in Gujarat Natural Resources Ltd. shares), with effect given in books of account on 01.01.2026.

Notes to Financial Results

1. Figures for the quarter ended 31st March 2026 are balancing figures between audited full-year figures and reviewed quarterly figures for previous quarters.

2. Segment reporting as defined in Accounting Standard 17/Indian Accounting Standard 108 is not applicable.

3. The results were reviewed by the audit committee and approved by the Board on 28th May 2026.