Key Financial Figures (Standalone, Rs. in Lakhs)

Quarterly Performance (Q4 FY26 vs Q4 FY25):

  • Revenue from operations: ₹3,231.02 vs ₹4,591.57 (previous year)
  • Total income: ₹3,268.58 vs ₹4,609.14
  • Net profit: ₹165.32 vs ₹158.58
  • EPS: ₹0.11 vs ₹0.10

Annual Performance (FY26 vs FY25):

  • Revenue from operations: ₹10,363.08 vs ₹14,655.11
  • Total income: ₹10,441.85 vs ₹14,681.55
  • Net profit: ₹197.93 vs ₹155.95
  • EPS: ₹0.13 vs ₹0.10
  • Equity share capital: ₹1,580.08 lakhs (unchanged)
  • Reserves: ₹2,283.23 vs ₹2,086.64

Segment Revenue Breakdown (FY26):

  • Petroleum and related products: ₹5,651.02 (54.1% of total)
  • Bitumen emulsion and road construction materials: ₹3,127.30 (29.9%)
  • Microsurfacing and road repair services: ₹1,634.90 (15.7%)
  • Biomedical waste recycling machinery: ₹27.05 (0.3%)
  • Realty and Infrastructure: ₹0 (0%)

Board Decisions and Appointments

Financial Results Approval:

  • Board approved audited financial results for quarter and year ended March 31, 2026
  • Results reviewed by Audit Committee and approved by Board
  • Financial statements prepared in accordance with Indian Accounting Standards (Ind AS)

Auditor Appointments:

  • Internal Auditor: M/s. Manas Dash & Co., Chartered Accountants (FRN: 32567E) appointed for FY2026-2027 effective May 28, 2026
  • Cost Auditor: M/s. C Sahoo & Co. (FRN: 100665) appointed as Cost Auditor for FY2026-2027 effective May 28, 2026
  • Both appointments based on recommendations of Audit Committee

Significant Events and Transactions

Share Consolidation:

  • Members approved consolidation of equity shares by increasing nominal value from ₹1 to ₹10 each
  • Every 10 shares of ₹1 each will be consolidated into 1 equity share of ₹10 each
  • Record date fixed for consolidation: April 30, 2026

Subsidiary Investment:

  • Company entered into arrangement to subscribe to 51% equity share capital of Sanmit Truevalue Infraprojects Private Limited
  • Subscription amount: ₹5,10,000 at face value
  • Allotment and remittance completed in April 2026 (post reporting date)
  • No financial transactions in the subsidiary during period ended March 31, 2026
  • Entity not considered for consolidated financial results preparation

Labour Code Impact:

  • Government consolidated 29 labour legislations into four labour codes effective November 21, 2025
  • Company recognized incremental expense of ₹3.38 lakhs against Gratuity for year ended March 31, 2026
  • Impact assessment based on actuarial valuation and management estimates
  • Final impact evaluation pending notification of Central/State Rules

Cash Flow Highlights (FY26, Rs. in Lakhs)

  • Net cash from operating activities: ₹(152.71) outflow
  • Net cash from investing activities: ₹(28.13) outflow
  • Net cash from financing activities: ₹539.11 inflow
  • Net change in cash equivalents: ₹94.27 increase
  • Cash equivalents at year-end: ₹122.47

Capital Structure Impact

  • Share consolidation will reduce number of outstanding shares while maintaining same capital base
  • No change in share capital during reporting period (₹1,580.08 lakhs)
  • Reserves increased by ₹196.59 lakhs during FY26

Meeting Details

  • Board meeting held on May 28, 2026 at registered office
  • Meeting commenced at 4:00 PM and concluded at 7:00 PM
  • All agenda items approved by Board