Board Meeting Outcomes

The Board of Directors meeting was held on May 30, 2026, from 03:30 PM to 04:10 PM at the registered office in Jaipur. The board:

1. Considered and approved the Audited Financial Results for Q4 and year ended March 31, 2026

2. Taken on record the Independent Audit Report from Statutory Auditors for Q4 and year ended March 31, 2026

3. Renewed appointment of M/s Beetal Financial & Computer Services Pvt. Ltd. as Registrar and Share Transfer Agent (RTA) for two years from April 1, 2026 to March 31, 2028 on same terms

4. Re-appointed Mr. Jagdish Kumawat as Chief Financial Officer effective May 27, 2026

5. Re-appointed M/s Tushar Sharma & Co as Internal Auditor effective May 27, 2026

Financial Results (Standalone)

Period: Quarter ended March 31, 2026 and Year ended March 31, 2026

Currency: Indian Rupees in Lakhs

Income Statement Highlights

For Quarter ended March 31, 2026:

  • Total Income from Operations: ₹1,468.54 lakhs (Previous year quarter: ₹1,336.85 lakhs)
  • Total Expenses: ₹1,842.80 lakhs (Previous year quarter: ₹1,587.31 lakhs)
  • Loss from Operations before other income: ₹(374.26) lakhs
  • Other Income: ₹80.71 lakhs
  • Finance Costs: ₹57.16 lakhs
  • Loss before tax: ₹(351.30) lakhs
  • Net Loss for the quarter: ₹(351.30) lakhs
  • Basic EPS: ₹(0.84) (Previous year quarter: ₹(0.99))

For Year ended March 31, 2026:

  • Total Income from Operations: ₹6,395.04 lakhs (Previous year: ₹5,501.58 lakhs)
  • Total Expenses: ₹6,205.68 lakhs (Previous year: ₹5,255.06 lakhs)
  • Profit from Operations before other income: ₹189.36 lakhs
  • Other Income: ₹50.43 lakhs
  • Finance Costs: ₹218.56 lakhs
  • Profit before tax: ₹53.23 lakhs
  • Net Profit for the year: ₹23.26 lakhs (Previous year: ₹31.45 lakhs)
  • Basic EPS: ₹0.06 (Previous year: ₹0.07)

Segment Reporting

The company operates in three segments:

1. Salt Manufacturing: Revenue ₹6,092.38 lakhs (PY: ₹5,187.55 lakhs), Segment result ₹384.89 lakhs profit (PY: ₹165.77 lakhs profit)

2. Hotel/Resort: Revenue ₹293.58 lakhs (PY: ₹314.44 lakhs), Segment result ₹(113.10) lakhs loss (PY: ₹94.63 lakhs profit)

3. Energy: Revenue ₹9.08 lakhs (PY: Not applicable), Segment result ₹(18.97) lakhs loss (PY: Not applicable)

Balance Sheet Position (as at March 31, 2026)

  • Total Assets: ₹8,576.54 lakhs
  • Shareholder's Funds: ₹4,710.30 lakhs (Share Capital: ₹4,200.12 lakhs, Reserves: ₹510.18 lakhs)
  • Non-current Liabilities: ₹3,454.89 lakhs
  • Current Liabilities: ₹411.33 lakhs

Cash Flow Statement (Year ended March 31, 2026)

  • Net Cash from Operating Activities: ₹686.40 lakhs (Previous year: ₹(1,244.62) lakhs used)
  • Net Cash used in Investing Activities: ₹(247.33) lakhs (Previous year: ₹(104.08) lakhs)
  • Net Cash from Financing Activities: ₹763.34 lakhs (Previous year: ₹258.58 lakhs)
  • Net Increase in Cash: ₹1,202.41 lakhs
  • Closing Cash Balance: ₹1,588.82 lakhs

Management Appointments

Chief Financial Officer: Mr. Jagdish Kumawat re-appointed as CFO effective May 27, 2026. He holds graduation degree with basic knowledge of finance and accounts, and meets all requirements under Companies Act, 2013 and SEBI LODR Regulations.

Internal Auditor: M/s Tushar Sharma & Co (Firm Reg No. 034267C) re-appointed as Internal Auditor effective May 27, 2026. The firm has 3 years experience in company audit, tax audit, internal audit, accounting and income tax matters.

RTA: Beetal Financial & Computer Services Pvt. Ltd. renewed as RTA for two years until March 31, 2028. They are SEBI-approved Category I RTA established in 1993, specializing in IPO management, dividend distribution, and dematerialization services.