Board Meeting Details

The Board of Directors met on May 25, 2026, but adjourned the meeting to obtain additional clarifications from statutory auditors regarding financial observations. The reconvened meeting was held on May 26, 2026, from 3:00 PM to 6:20 PM at the company's registered office in New Delhi.

Approved Matters

The Board approved:

1. Audited Financial Results for quarter and year ended March 31, 2026

2. Auditor's Report on the Audited Financial Results

Financial Performance Highlights

Annual Results (FY26 vs FY25):

  • Revenue from Operations: ₹4121.64 lakhs (FY25: Not provided in comparable format)
  • Other Income: ₹134.80 lakhs
  • Total Income: ₹4256.44 lakhs
  • Total Expenses: ₹4135.47 lakhs
  • Profit Before Tax: ₹120.96 lakhs
  • Tax Expense: ₹33.15 lakhs (Current tax: ₹0.71 lakhs, Deferred tax: ₹-0.71 lakhs)
  • Net Profit: ₹87.81 lakhs
  • Earnings Per Share: ₹0.67 (Basic and Diluted)
  • Paid-up Equity Share Capital: ₹1315.13 lakhs (Face Value: ₹10 per share)

Quarterly Results (Q4 FY26):

  • Revenue from Operations: ₹845.31 lakhs
  • Other Income: ₹53.29 lakhs
  • Total Income: ₹898.60 lakhs
  • Total Expenses: ₹880.18 lakhs
  • Profit Before Tax: ₹18.43 lakhs (after prior period items of ₹-0.01 lakhs)
  • Tax Expense: ₹11.49 lakhs (Current tax: ₹7.52 lakhs, Deferred tax: ₹-3.28 lakhs, Earlier year tax: ₹0.68 lakhs)
  • Net Profit: ₹6.95 lakhs
  • Earnings Per Share: ₹0.05 (Basic and Diluted)

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

Assets:

  • Total Assets: ₹1687.42 lakhs (prev. ₹480.94 lakhs)
  • Non-current Assets: ₹1551.29 lakhs (prev. ₹351.50 lakhs)
  • Property Plant and Equipment: ₹71.85 lakhs (prev. ₹0.09 lakhs)
  • Loans: ₹1479.42 lakhs (prev. ₹350.69 lakhs)
  • Investment: ₹0.50 lakhs (unchanged)
  • Deferred Tax Assets (net): ₹-0.48 lakhs (prev. ₹0.23 lakhs)
  • Current Assets: ₹136.13 lakhs (prev. ₹129.43 lakhs)
  • Trade Receivables: ₹77.93 lakhs (prev. ₹19.57 lakhs)
  • Cash and Cash Equivalents: ₹22.23 lakhs (prev. ₹106.06 lakhs)
  • Other Current Assets: ₹35.98 lakhs (prev. ₹3.80 lakhs)

Equity and Liabilities:

  • Total Equity: ₹1504.66 lakhs (prev. ₹410.35 lakhs)
  • Share Capital: ₹1315.13 lakhs (prev. ₹360.13 lakhs)
  • Other Equity: ₹189.53 lakhs (prev. ₹6.22 lakhs)
  • Share Application Money Pending Allotment: ₹0 (prev. ₹44.00 lakhs)
  • Non-current Liabilities: ₹72.95 lakhs (prev. ₹4.00 lakhs)
  • Loans: ₹72.95 lakhs (prev. ₹4.00 lakhs)
  • Current Liabilities: ₹109.81 lakhs (prev. ₹66.58 lakhs)
  • Trade Payables: ₹37.94 lakhs (prev. ₹36.59 lakhs)
  • Other Financial Liabilities: ₹0 (prev. ₹0.70 lakhs)
  • Other Current Liabilities: ₹35.49 lakhs (prev. ₹23.31 lakhs)
  • Provisions: ₹1.93 lakhs (prev. ₹5.98 lakhs)

Cash Flow Statement (FY26 vs FY25)

  • Net Cash from Operating Activities: ₹39.04 lakhs (prev. ₹52.92 lakhs)
  • Net Cash from Investing Activities: ₹-1197.83 lakhs (prev. ₹5.09 lakhs)
  • Fixed Assets Purchased: ₹-74.78 lakhs
  • Increase in Loan Given: ₹-1128.73 lakhs
  • Net Cash from Financing Activities: ₹1074.95 lakhs (prev. ₹45.00 lakhs)
  • Share Proceeds: ₹1006.50 lakhs (prev. ₹44.00 lakhs)
  • Repayment of Long Term Borrowings: ₹68.95 lakhs (prev. ₹1.00 lakhs)
  • Net Decrease in Cash: ₹-83.83 lakhs (prev. ₹103.00 lakhs increase)

Additional Information

  • Company CIN: L74899DL1976PLC008036 (header) / L24200DL1976PLC008036 (financial statements)
  • Company engaged in single business segment: Trading
  • Financial results prepared in accordance with Ind AS 34
  • Previous period figures regrouped/reclassified where necessary
  • Results reviewed by Audit Committee and approved by Board
  • Statutory auditors carried out limited review