Financial Results Summary

Quarterly Performance (Q4 FY26)

  • Total Income: ₹185.26 lakh (compared to ₹702.46 lakh in Q4 FY25)
  • Total Expenses: ₹55.49 lakh (compared to ₹1,118.08 lakh in Q4 FY25)
  • Profit Before Tax: ₹124.77 lakh (compared to ₹835.25 lakh in Q4 FY25)
  • Net Profit: ₹85.19 lakh (compared to ₹734.52 lakh in Q4 FY25)
  • EPS: ₹2.73 basic and diluted (compared to ₹18.46 in Q4 FY25)

Annual Performance (FY26)

  • Revenue from Operations: ₹26.00 lakh (down from ₹380.45 lakh in FY25)
  • Other Income: ₹361.23 lakh (down from ₹480.41 lakh in FY25)
  • Total Income: ₹387.23 lakh (down from ₹860.86 lakh in FY25)
  • Total Expenses: ₹284.33 lakh (down from ₹687.44 lakh in FY25)
  • Profit Before Exceptional Items and Tax: ₹102.90 lakh (down from ₹173.42 lakh in FY25)
  • Exceptional Items: None in FY26 (compared to gain of ₹650.87 lakh in FY25)
  • Profit Before Tax: ₹102.90 lakh (down from ₹824.29 lakh in FY25)
  • Tax Expense: ₹25.47 lakh (comprising Current Tax ₹43.58 lakh and Previous Year Tax reversal ₹18.17 lakh)
  • Net Profit: ₹77.49 lakh (down from ₹727.65 lakh in FY25)
  • EPS: ₹1.94 basic and diluted (down from ₹18.19 in FY25)
  • Paid-up Equity Share Capital: ₹400.00 lakh (unchanged from FY25)

Balance Sheet Position as at March 31, 2026

  • Total Assets: ₹4,212.79 lakh (compared to ₹4,303.15 lakh in FY25)
  • Non-Current Assets: ₹4,117.60 lakh (including Property, Plant and Equipment ₹0.11 lakh, Financial Assets ₹6.42 lakh, Deferred Tax Assets ₹2.96 lakh, Other Non-Current Assets ₹4,108.11 lakh)
  • Current Assets: ₹95.19 lakh (including Inventories ₹73.12 lakh, Trade Receivables ₹20.00 lakh, Cash and Cash Equivalents ₹1.61 lakh, Current Tax Assets ₹0.36 lakh, Other Current Assets ₹0.10 lakh)
  • Equity: ₹1,222.18 lakh (Equity Share Capital ₹400.00 lakh, Other Equity ₹822.18 lakh)
  • Non-Current Liabilities: ₹1,942.22 lakh (Financial Liabilities/Borrowings ₹1,583.79 lakh, Provisions ₹10.54 lakh, Other Non-Current Liabilities ₹347.89 lakh)
  • Current Liabilities: ₹1,048.39 lakh (Trade Payables ₹121.23 lakh, Other Financial Liabilities ₹159.41 lakh, Borrowings ₹346.07 lakh, Other Current Liabilities ₹289.13 lakh, Provisions ₹132.55 lakh)

Cash Flow Statement FY26

  • Net Cash Used in Operating Activities: ₹(204.81) lakh
  • Net Cash from Investing Activities: ₹0.29 lakh
  • Net Cash from Financing Activities: ₹202.52 lakh
  • Net Decrease in Cash: ₹(2.00) lakh
  • Cash and Cash Equivalents at Beginning: ₹3.61 lakh
  • Cash and Cash Equivalents at End: ₹1.61 lakh

Key Audit Matter

Auditors identified a key audit matter regarding Refund receivable of ₹410.81 lakh towards bookings in immovable property in project under development by group company M/s Rajesh Projects (India) Pvt. Ltd., which is presently operating under the supervision of Interim Resolution Professional (IRP) under Insolvency and Bankruptcy Code, 2016.

Outstanding Statutory Dues

Undisputed Dues Over 6 Months

  • GST Payable: ₹55.57 lakh
  • TDS Payable: ₹30.75 lakh
  • Total: ₹85.32 lakh

Disputed Dues

Total disputed statutory dues amounting to ₹99.83 crore, including:

  • Income Tax disputes across assessment years 2002-2003 to 2020-2021: ₹16.39 crore principal + accrued interest
  • TDS disputes: ₹1.87 lakh
  • GST disputes: ₹3.77 crore principal + ₹72.58 crore interest and penalties

Internal Financial Controls

Auditors opined that the company has adequate internal financial controls system over financial reporting operating effectively as at March 31, 2026.

Other Compliance Matters

  • No fraud reported during the year
  • No pending litigations having material impact on financial position
  • No long-term contracts with material foreseeable losses
  • No delay in transferring amounts to Investor Education and Protection Fund
  • No funds advanced to intermediaries/ultimate beneficiaries
  • No dividend declared during FY26
  • Company used accounting software without audit trail feature
  • Remuneration to directors within section 197 limits
  • No cash losses incurred in current financial year