Summary of Key Information:

Reporting Period: Quarter and Year ended 31st March 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Approval of Audited Financial Results

Audit Opinion:

Qualified Opinion - The auditor's report contains multiple qualifications regarding recoverability of assets and accounting treatments

Key Financial Highlights [Amounts in ₹ Lakhs]:

Standalone Results:

Balance Sheet as at 31st March, 2026:

  • Total Assets: 13,283.58 (Previous: 13,209.10)
  • Total Liabilities: 9,079.75 (Previous: 9,018.96)
  • Equity Share Capital: 2,400.00 (Previous: 2,400.00)
  • Other Equity: 1,803.81 (Previous: 1,790.14)
  • Total Equity: 4,203.81 (Previous: 4,190.14)
  • Cash and Cash Equivalents: 24.33 (Previous: 8.90)
  • Inventories: 1,278.96 (Previous: 1,208.22)
  • Trade Receivables: 2,856.39 (Previous: 3,041.45)

Profit & Loss:

  • Net Profit for year ended 31st March 2026: 13.68
  • Earnings Per Share: 0.06

Cash Flow Statement for Year ended 31st March 2026:

  • Cash generated from operations: 176.28
  • Net cash inflow from operating activities: 176.28
  • Net cash outflow from investing activities: (107.01)
  • Net cash outflow from financing activities: (53.86)
  • Net increase in cash and cash equivalents: 15.41

Segment-wise Performance:

The Company has only one reportable segment - Manufacturing of Indian Made Foreign Liquor (IMFL)

Corporate Actions:

Not Specified

Other Significant Information:

Exceptional Items:

  • During quarter ended 31 March 2026, company received permission from Deputy Commissioner (Excise), Government of Puducherry for destruction of expired/faded IMFL stock
  • Finished goods inventory of approximately ₹21.09 crore written off/destroyed
  • Loss disclosed as "Exceptional Item" in Statement of Profit and Loss

Other Income:

  • Written back sundry creditors balance of ₹258.23 lakhs which was outstanding for substantial period and considered no longer payable

Labour Law Changes:

  • Company evaluating implications of recently introduced labour law changes on operations, employee costs and statutory compliances
  • Financial impact cannot be reasonably determined at present

Accounting Policies:

  • Financial results prepared in compliance with Indian Accounting Standards (Ind-AS)
  • Current investment in shares of S V Distillerics Private Limited valued at cost
  • Figures for previous year/period re-grouped/reclassified where necessary

Entities:

  • Auditor: Ramanand & Associates, Chartered Accountants (FRN: 117776W)
  • Compliance Officer: Manohar Waman Oak, Company Secretary
  • Audit Committee Chairman: Shailesh K Kathariya
  • Chief Financial Officer: L. Bhuvaneshwari