Board Meeting Details

The Board of Directors meeting was held on May 27, 2026, commencing at 05:00 PM and concluding at 08:00 PM. The board approved the standalone audited financial results for the half year and year ended March 31, 2026.

Financial Results Highlights

Profit & Loss Statement (Amount in ₹ Lakhs):

  • Revenue from Operations: FY26: ₹1,832.31; H2 FY26: ₹1,119.33; H1 FY26: ₹712.98
  • Total Expenses: FY26: ₹1,731.83; H2 FY26: ₹1,028.67; H1 FY26: ₹703.16
  • Profit Before Tax: FY26: ₹100.48; H2 FY26: ₹90.66; H1 FY26: ₹9.82
  • Tax Expenses: FY26: ₹22.77; H2 FY26: ₹6.22; H1 FY26: ₹16.55
  • Net Profit/(Loss): FY26: ₹77.71; H2 FY26: ₹34.44; H1 FY26: (₹6.73)
  • Earnings Per Share (₹10 face value): Basic & Diluted: FY26: ₹2.53; H2 FY26: ₹2.75; H1 FY26: (₹0.22)

Balance Sheet (Amount in ₹ Lakhs as of March 31, 2026):

  • Total Equity: ₹1,255.20 (Share Capital: ₹307.07; Reserves & Surplus: ₹948.13)
  • Total Liabilities: ₹1,397.31
  • Total Assets: ₹1,397.31
  • Current Assets: ₹1,318.12 (Cash & Cash Equivalents: ₹693.59; Trade Receivables: ₹598.92)
  • Non-Current Assets: ₹79.19

Cash Flow Statement (Amount in ₹ Lakhs for FY26):

  • Cash from Operating Activities: ₹613.23
  • Cash from Investing Activities: ₹55.64
  • Cash used in Financing Activities: (₹60.96)
  • Net Change in Cash: ₹607.91
  • Cash at End of Period: ₹693.59

Regulatory Compliance Declarations

Auditor's Report:

  • Statutory Auditor M/s. GAMP & Co. issued an unmodified opinion on the audited financial results
  • The audit was conducted in accordance with Standards on Auditing
  • The company has not appointed a Whole-Time Company Secretary as required under Section 203 of Companies Act, 2013, though management stated the appointment process is underway

Related Party Transactions:

  • Declaration of non-applicability of Regulation 23(9) regarding related party transaction disclosures due to the company's listing on SME platform

Annual Secretarial Compliance Report:

  • Declaration of non-applicability of Regulation 24A regarding annual secretarial compliance report due to SME listing status

Fund Utilization:

  • Statement of Deviation/Variation filed for quarter ended March 31, 2026 confirms no deviation in use of funds raised through public issue
  • Monitoring agency: Not Applicable
  • Funds utilized as per original objects: Capital expenditure (₹0.50 lakh out of ₹32.68 lakh allocated), Working capital (₹483.70 lakh), General corporate purposes (₹80.00 lakh), Issue expenses (₹91.80 lakh)
  • Audit Committee comments: None
  • Auditor comments: None

Trading Window Closure

Trading window was closed from April 1, 2026 to May 29, 2026 for declaration of audited financial results for half year and year ended March 31, 2026.

Additional Information

  • Previous company name: Sahara Maritime Pvt. Ltd.