Board Meeting Details

The Board of Directors meeting was held on Saturday, May 30, 2026, commencing at 03:30 P.M. and concluding at 04:00 P.M. at the Registered Office situated at New No. 44, Old No. 78, Shrofforchards, Chennai, Tamil Nadu, 600010.

Key Approvals

1. Audited Financial Results: Approved the Audited Financial Results for the half-year and year ended March 31, 2026, together with Auditor's Reports, Statement of Assets and Liabilities, and Statement of Cash Flows for the said period.

2. Auditor Opinion Declaration: Approved declaration of unmodified opinion pursuant to Regulation 33(3)(d) of SEBI Listing Regulations regarding Financial Results.

3. Internal Auditor Appointment: Appointed Mr. Sanjay Kumar as Internal Auditor of the Company for Financial Year 2026-27 effective May 30, 2026. Mr. Kumar holds a Bachelor's degree in Commerce with over 15 years of experience in accountancy, financial management, accounting practices, and regulatory compliance.

4. Secretarial Auditor Appointment: Appointed M/s. Mamta Binani & Associates, Practising Company Secretaries (ICSI Unique Code: P2016WB060900, Peer Review Certificate: 6475/2025) as Secretarial Auditors for Financial Year 2026-2027 effective May 30, 2026. The firm was established in 1997 as a sole proprietorship and converted to partnership in 2017, providing corporate and legal services to companies in India and abroad.

Financial Results Analysis

Income Statement (Rs. in Lakhs)

For Year Ended March 31, 2026 vs March 31, 2025:

  • Revenue from Operations: ₹14,301.93 (FY26) vs ₹10,299.33 (FY25) - 38.9% increase
  • Other Income: ₹22.87 (FY26) vs ₹8.33 (FY25)
  • Total Income: ₹14,324.80 (FY26) vs ₹10,307.65 (FY25) - 39.0% increase

Expenses Breakdown:

  • Cost of Services Provided: ₹13,663.87 (FY26) vs ₹9,653.77 (FY25)
  • Employees Benefits Expenses: ₹132.82 (FY26) vs ₹152.53 (FY25) - 12.9% decrease
  • Finance Costs: ₹3.87 (FY26) vs ₹7.33 (FY25) - 47.2% decrease
  • Depreciation & Amortization: ₹15.13 (FY26) vs ₹13.32 (FY25)
  • Other Expenses: ₹256.40 (FY26) vs ₹178.15 (FY25) - 43.9% increase
  • Total Expenses: ₹14,072.10 (FY26) vs ₹10,005.10 (FY25) - 40.6% increase

Profitability:

  • Profit before tax: ₹252.70 (FY26) vs ₹302.55 (FY25) - 16.5% decrease
  • Tax Expense: ₹65.32 (Current) + ₹0.53 (Previous year) + (₹1.72) (Deferred) = ₹64.13 net tax
  • Profit after tax: ₹188.57 (FY26) vs ₹226.40 (FY25) - 16.7% decrease
  • Earnings Per Share (Basic & Diluted): ₹4.95 (FY26) vs ₹5.69 (FY25)

Half-Year Performance (March 31, 2026 vs September 30, 2025):

  • Revenue from Operations: ₹7,332.84 (H2) vs ₹6,969.09 (H1) - 5.2% increase
  • Total Income: ₹7,347.70 (H2) vs ₹6,977.09 (H1) - 5.3% increase
  • Profit before tax: ₹189.44 (H2) vs ₹63.26 (H1) - 199.5% increase
  • Profit after tax: ₹141.23 (H2) vs ₹47.34 (H1) - 198.4% increase
  • EPS: ₹3.71 (H2) vs ₹1.24 (H1)

Balance Sheet Position (as at March 31, 2026 vs March 31, 2025)

Equity and Liabilities (Rs. in Lakhs):

  • Equity Share Capital: ₹381.12 (unchanged)
  • Other Equity: ₹1,249.53 (FY26) vs ₹1,060.98 (FY25) - 17.7% increase
  • Total Equity: ₹1,630.65 (FY26) vs ₹1,442.10 (FY25) - 13.1% increase
  • Trade Payables: ₹485.09 (FY26) vs ₹295.09 (FY25) - 64.4% increase
  • Other Current Liabilities: ₹36.41 (FY26) vs ₹37.64 (FY25)
  • Short-term Provisions: ₹75.13 (FY26) vs ₹88.11 (FY25) - 14.7% decrease
  • Total Liabilities: ₹2,227.29 (FY26) vs ₹1,860.94 (FY25) - 19.7% increase

Assets (Rs. in Lakhs):

  • Property, Plant & Equipment: ₹35.63 (FY26) vs ₹36.80 (FY25) - 3.2% decrease
  • Non-Current Financial Assets: ₹35.63 (FY26) vs ₹36.80 (FY25)
  • Other Non-Current Assets: ₹11.37 (FY26) vs ₹9.66 (FY25) - 17.7% increase
  • Current Financial Assets: ₹1,509.09 (FY26) vs ₹1,205.83 (FY25) - 25.1% increase
  • Trade Receivables: Not specified individually but included in current assets
  • Cash and Bank Balances: ₹172.50 (Cash) + ₹267.00 (Other Bank) = ₹439.50 (FY26) vs ₹398.77 + ₹32.88 = ₹431.65 (FY25) - 1.8% increase
  • Short-term Loans and Advances: ₹8.75 (FY26) vs ₹22.79 (FY25) - 61.6% decrease
  • Other current financial assets: ₹222.95 (FY26) vs ₹154.21 (FY25) - 44.6% increase
  • Total Assets: ₹2,227.29 (FY26) vs ₹1,860.94 (FY25) - 19.7% increase

Cash Flow Statement (Year Ended March 31, 2026 vs March 31, 2025)

  • Cash from Operating Activities: ₹25.67 (FY26) vs (₹90.10) (FY25)
  • Cash from Investing Activities: (₹248.08) (FY26) vs (₹47.54) (FY25)
  • Cash from Financing Activities: (₹3.87) (FY26) vs ₹516.16 (FY25)
  • Net Change in Cash: (₹226.27) (FY26) vs ₹378.52 (FY25)
  • Opening Cash Balance: ₹398.77 (FY26) vs ₹20.25 (FY25)
  • Closing Cash Balance: ₹172.50 (FY26) vs ₹398.77 (FY25)

Capital Structure

  • Paid Up Equity Share Capital: ₹381.12 lakhs (Face Value: ₹10 each)
  • No change in share capital during the period

#Tags: #RapidMultimodalLogistics #FY26Results #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral