Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 30 and 33
Audit Opinion:
Unmodified opinion issued by M/s. Dewan P.N. Chopra, Chartered Accountants and Statutory Auditors for both standalone and consolidated financial results.
Auditor’s Comment:
For standalone results: Based on review, nothing has come to attention that causes belief that the statement contains any material misstatement.
For consolidated results: Conclusion based on review and procedures performed, including reliance on other auditors for subsidiary reviews. Did not review interim financial results of five subsidiaries (Radicura Infra Limited, Sunanda Infra Limited, Cabana Construction Private Limited, Nirmala Buildwell Private Limited, Nirmala Organic Farms & Resorts Private Limited) with total revenues of ₹1.56 Lakh, total net loss after tax of ₹160.93 Lakh, and total comprehensive loss of ₹160.93 Lakh for the quarter. One subsidiary (Radhika Heights Limited) not audited by their auditor, with total revenue of ₹Nil, net profit after tax of ₹2.59 Lakh, and total comprehensive profit of ₹2.59 Lakh, considered not material to the Group.
Key Financial Highlights [₹ in Lakh]:
Standalone Results:
Revenue from Operations: ₹35.28 (compared to ₹35.28 in Q4 FY26 and ₹35.28 in Q1 FY25)
Other Income: ₹2.28 (compared to ₹2.99 in Q4 FY26 and ₹2.30 in Q1 FY25)
Total Income: ₹37.56 (compared to ₹38.27 in Q4 FY26 and ₹37.58 in Q1 FY25)
Expenses:
Employees benefits expense: ₹22.61 (compared to ₹23.68 in Q4 FY26 and ₹19.62 in Q1 FY25)
Depreciation & amortization expenses: ₹19.36 (compared to ₹20.37 in Q4 FY26 and ₹20.55 in Q1 FY25)
Other expenditure: ₹10.08 (compared to ₹11.09 in Q4 FY26 and ₹18.09 in Q1 FY25)
Total Expenses: ₹52.05 (compared to ₹55.14 in Q4 FY26 and ₹58.26 in Q1 FY25)
Profit/Loss before Tax: (₹14.49) (compared to (₹16.87) in Q4 FY26 and (₹20.68) in Q1 FY25)
Tax Expense (Deferred Tax): (₹3.67) (compared to (₹3.62) in Q4 FY26 and (₹3.57) in Q1 FY25)
Net Profit/Loss after Tax: (₹10.82) (compared to (₹13.25) in Q4 FY26 and (₹17.11) in Q1 FY25)
Other Equity: ₹613.26
Earning Per Share (EPS): (₹0.02) basic and diluted (compared to (₹0.02) in Q4 FY26 and (₹0.03) in Q1 FY25)
Consolidated Results:
Revenue from Operations: ₹1.34 (compared to ₹1.33 in Q4 FY26 and ₹12.72 in Q1 FY25)
Other Income: ₹201.95 (compared to ₹146.27 in Q4 FY26 and ₹167.76 in Q1 FY25)
Total Income: ₹203.29 (compared to ₹147.60 in Q4 FY26 and ₹180.48 in Q1 FY25)
Expenses:
Purchase of Finished goods: ₹7,516.22 (compared to ₹639.40 in Q4 FY26 and ₹8,155.62 in Q1 FY25)
Changes in Inventory of Finished goods and Project in Progress: ₹66.07 (compared to (₹66.07) in Q4 FY26 and ₹137.87 in Q1 FY25)
Employees benefits expense: ₹2.87 (compared to ₹2.84 in Q4 FY26 and ₹2.86 in Q1 FY25)
Finance Costs: ₹78.44 (compared to ₹79.03 in Q4 FY26 and ₹53.07 in Q1 FY25)
Depreciation & amortization expenses: ₹162.53 (compared to ₹321.49 in Q4 FY26 and ₹132.36 in Q1 FY25)
Other expenditure: ₹103.46 (compared to ₹77.29 in Q4 FY26 and ₹352.98 in Q1 FY25)
Total Expenses: ₹7,930.59 (compared to ₹1,054.98 in Q4 FY26 and ₹8,834.76 in Q1 FY25)
Profit/Loss before Tax: (₹7,727.30) (compared to (₹907.38) in Q4 FY26 and (₹8,654.28) in Q1 FY25)
Tax Expense: ₹2.42 (Current Tax), (₹12.12) (Deferred Tax), ₹12.79 (Related to previous year)
Net Profit/Loss after Tax: (₹7,754.63) (compared to (₹897.48) in Q4 FY26 and (₹8,618.59) in Q1 FY25)
Other Equity: (₹359.22) (compared to (₹85.10) in Q4 FY26 and ₹6,630.67 in Q1 FY25)
Earning Per Share (EPS): (₹12.64) basic and diluted (compared to (₹1.46) in Q4 FY26 and ₹7.97 in Q1 FY25)
Segment-wise Performance:
Based on Ind AS -108, the group is mainly engaged in real estate development (construction of residential/commercial properties and renting of property) falling within a single segment.
Corporate Actions:
Dividend declarations: Not Specified
Share split, bonus issue, buyback: Not Specified
Capital raising: Not Specified
Other Significant Information:
7th Annual General Meeting scheduled for Saturday, September 26, 2026, at 10:00 AM at Best Western Maryland Hotel Zirakpur, Chandigarh - 140603.
Cut-off date for e-voting entitlement: Friday, September 18, 2026.
Remote e-Voting period: September 23, 2026 (9:00 A.M. IST) to September 25, 2026 (5:00 P.M. IST).
Register of Members and Share Transfer Books closed from September 19, 2026 to September 26, 2026 (both days inclusive).
Note 3: During Q3 FY25, Radhika Heights Limited and its subsidiaries executed a Second Addendum to Collaboration Agreement with Bestech India Pvt. Ltd., receiving additional non-refundable security deposits of ₹3,000.00 Lakhs on September 19, 2025, and ₹2,000.00 Lakhs on November 19, 2025. Revenue recognition: ₹Nil for Q1 FY27, Q4 FY26, Q1 FY25; ₹7,500.00 Lakhs for FY ended March 31, 2026.