Key Quantitative Figures and Financial Results

The Board approved the Standalone Audited Financial Results for the financial year ended 31st March 2026.

  • Profit/Loss: The company reported a profit of ₹593.67 lakh (₹5.94 crore) for FY26.
  • Profit Before Tax (PBT): stood at ₹804.49 lakh.
  • Tax Expense: Total tax expense was ₹214.47 lakh, comprising Current Tax of ₹214.47 lakh and a Deferred Tax credit of ₹3.64 lakh.
  • Earnings Per Share (EPS): Basic and Diluted EPS was ₹7.94.
  • Total Income: was ₹3,810.17 lakh.
  • Total Expenses: were ₹3,005.68 lakh.
  • Balance Sheet Total: stood at ₹3,594.94 lakh as of 31st March 2026, up from ₹2,535.04 lakh the previous year.
  • Share Capital: was ₹748.00 lakh.
  • Reserves & Surplus: were ₹773.77 lakh.
  • Borrowings: Long-term borrowings were ₹311.29 lakh, and short-term borrowings were ₹938.40 lakh.
  • Inventories: were valued at ₹1,928.61 lakh.
  • Trade Receivables: were ₹1,191.97 lakh.
  • Cash and Cash Equivalents: were ₹78.89 lakh.

Dates of Action

The Board Meeting was held on Friday, 17th July 2026, starting at 5:30 P.M. and concluding at 7:45 P.M. The financial results are for the year ended 31st March 2026. The Audit Report is dated 17-July-2026.

Parties Involved

  • Statutory Auditors: R N D & CO LLP, Chartered Accountants (FRN: 136728W / W100957).
  • Audit Partner: Rishi Jain (M. No.: 140214).
  • Company Personnel: Mr. Vikesh Lunawat (Managing Director, DIN:03494666), Ms. Jinkal Hardik Vora (Company Secretary and Compliance Officer), Mr. Sushil Kumar Lunawat (Whole Time Director, DIN:03209082).
  • Stock Exchange: BSE Limited.

Authorizations and Rationale

The Board approved the following authorizations:

1. Authorized Mr. Vikesh Lunawat, Managing Director, to sign and submit the Change Request Form (CRF).

2. Authorized the affixation of the Digital Signature Certificate (DSC) of Ms. Jinkal Hardik Vora (Compliance Officer) or Mr. Vikesh Lunawat (Managing Director) for filings with BSE.

3. Authorized Mr. Sushil Kumar Lunawat, Whole Time Director, to submit board resolutions and documents with banks for updating mandates.

The stated rationale for these authorizations is to ensure compliance with filing requirements and facilitate operational efficiency.

Audit and Compliance Findings

The Independent Auditors, R N D & CO LLP, issued an unmodified (clean) audit opinion on the financial statements. Key highlights from their report include:

  • Basis for Opinion: Audit was conducted in accordance with Standards on Auditing (SAs).
  • Key Audit Matters: The auditors determined there were no key audit matters to report.
  • Other Legal Requirements:
  • The company maintained proper records of Property, Plant and Equipment (PPE); no material discrepancies were found on physical verification, and all title deeds are held in the company's name.
  • The company is generally regular in depositing undisputed statutory dues.
  • The company has not defaulted in repayment of loans or interest to any lender.
  • The company has not been declared a willful defaulter.
  • No fraud was reported or noticed by the auditors.
  • The company has no pending litigations impacting its financial position.
  • No funds were advanced or received for the benefit of ultimate beneficiaries (as per Rule 11(e)).
  • No dividend was declared or paid during the year.
  • Transactions with related parties are in compliance with the Companies Act, 2013.
  • The company does not have an internal audit system.
  • The company did not incur cash losses in FY26 or the preceding year.
  • Internal Financial Controls (IFC): The auditors expressed an unmodified opinion, stating the company has adequate IFC over financial reporting and that such controls were operating effectively as of March 31, 2026.

Financial and Operational Impact (Explicitly Disclosed)

The financial impact is fully quantified in the attached financial statements, showing a profitable year. The operational impact includes the continuation of business operations with no disclosed material uncertainties regarding going concern.

Capital Structure Impact

There is no mention of any change in capital structure, such as new issuances, buybacks, or significant changes in shareholding pattern in this specific disclosure. The share capital remained constant.

Cash Flow Implications

Cash flow statements are provided, showing:

  • Net cash used in Operating Activities: ₹(140.46) lakh
  • Net cash used in Investing Activities: ₹(23.89) lakh
  • Net cash from Financing Activities: ₹238.20 lakh
  • Net increase in cash and cash equivalents: ₹73.85 lakh