Board Meeting Details
The Board of Directors meeting was held on Tuesday, 21st July, 2026 from 04:00 pm to 05:00 pm at the registered office of the Company.
Key Agenda Items Approved
1. Financial Results Approval
- Approved Audited Financial Results and Audit Report for the 2nd half year and year ended 31st March, 2026
- Declared Unmodified Opinion on the Financial Results by statutory auditors
2. Auditor Appointments
- Internal Auditor: Mr. Rajesh Kumar appointed for 3 years commencing from FY 2026-27 to 2028-29
- Secretarial Auditor: M/s. Nirav Shah & Associates appointed for 5 financial years from 2026-27 to 2030-31, subject to shareholder approval at ensuing General Meeting
3. Compliance Disclosures
- No statement of deviation or variation applicable as company got listed on BSE on 01st July, 2026
- Confirmed no default on loans and debt securities
- Company does not qualify as Large Corporate per SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018
Financial Results Summary
Balance Sheet Position as at 31st March, 2026 (Amount in ₹ lakhs)
- Total Equity and Liabilities: ₹8,060.06 (Previous year: ₹3,391.25)
- Share Capital: ₹789.57 (unchanged from previous year)
- Reserves and Surplus: ₹1,038.05 (Previous year: ₹520.56)
- Long-Term Borrowings: ₹2,640.00 (Previous year: ₹210.72)
- Short-Term Borrowings: ₹1,496.23 (Previous year: ₹675.93)
- Total Assets: ₹8,060.06 (Previous year: ₹3,391.25)
- Property, Plant & Equipment: ₹3,188.52 (Previous year: ₹29.27)
- Inventories: ₹4,104.62 (Previous year: ₹2,140.27)
- Cash and Cash Equivalents: ₹12.79 (Previous year: ₹40.84)
Profit & Loss Performance (Amount in ₹ lakhs)
- Profit before tax: ₹627.01 (Previous year: ₹587.69)
- Profit after tax: ₹516.28 (Previous year: ₹477.00)
- Earnings Per Share: ₹6.54 (Previous year: ₹6.04)
- Revenue from Operations: ₹7,456.47 (Previous year: ₹3,847.58)
- Finance Cost: ₹288.13 (Previous year: ₹77.65)
- Depreciation: ₹114.83 (Previous year: ₹15.27)
Cash Flow Statement (Amount in ₹ lakhs)
- Net cash from operating activities: (₹338.79) (Previous year: ₹149.42)
- Net cash from investing activities: (₹2,650.71) (Previous year: (₹650.15))
- Net cash from financing activities: ₹2,961.46 (Previous year: ₹534.63)
- Net decrease in cash: (₹28.05) (Previous year: ₹33.90)
Statutory Auditor
- Firm: Abhishek Kumar & Associates
- Firm Registration Number: 130052W
- Membership Number: 132305
- UDIN: 26[32305]GHJRT2876
- Opinion: Unmodified opinion on financial results
Internal Auditor Appointment
- Name: Mr. Rajesh Kumar
- Term: 3 years (2026-27 to 2028-29)
- Reason: To comply with Companies Act 2013 and SEBI LODR requirements
- Qualifications: Practicing Chartered Accountant with experience in accounts and auditing
- Relationship: No relationship with directors
Secretarial Auditor Appointment
- Firm: M/s. Nirav Shah & Associates
- Proprietor: CS Nirav Shah
- Membership No.: A-39412, COP No. 27102
- Office Address: 901, Samruddhi Complex, Opp Sakar-3, Income tax, Ashram Road, Ahmedabad
- Term: 5 years (2026-27 to 2030-31), subject to shareholder approval
- Qualifications: Peer reviewed Practicing Company Secretary with expertise in Company Law, Securities Laws, and corporate transactions
- Relationship: No relationship with directors
Large Corporate Status
- Outstanding borrowing as on 31st March 2026: ₹41.36 Crores
- Company confirmation: Does not qualify as Large Corporate under SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144
- Highest Credit Rating: Not Applicable
Other Notes
- The company has a single reportable business segment
- No investor complaints received/pending as on July 21, 2026
- Previous year figures have been regrouped/reclassified/restated where necessary
- Financial results prepared in accordance with Accounting Standards prescribed under Section 133 of Companies Act, 2013
- Company exempted from adoption of Ind AS as it is listed on SME Exchange