Board Meeting Details

The Board of Directors meeting was held on Monday, May 25, 2026 at 04:00 P.M. at the Registered Office of the company situated at Shop 10 2nd Floor, Agrasen Point, Nr Agrasen Bhavan, Citylight Road, Bharthana, Surat, Gujarat, 395007. The meeting concluded at 06:40 PM.

Key Decisions Approved

1. Considered and approved Standalone Audited Financial Results along with Audit Report thereon for the Quarter and Year ended on March 31, 2026. Audit Report and Financial Results are attached as Annexure I. Declaration pursuant to Regulation 33(3)(d) of SEBI LODR is attached as Annexure I(a).

2. Appointed Mr. Dharan Shah, Chartered Accountant, as Internal Auditor for the financial year 2026-27. Details required under Regulation 30 of SEBI LODR are attached as Annexure II.

Financial Results Overview

Income Statement (Amounts in ₹ Lakh)

For Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹156.036
  • Other Income: ₹4.425
  • Total Income: ₹160.461
  • Total Expenses: ₹197.968
  • Loss before tax: ₹(37.507)
  • Tax Expense: ₹3.532 (Current tax: ₹1.881, Deferred Tax: ₹3.532)
  • Loss for the period: ₹(41.039)
  • Basic EPS: ₹(2.736)
  • Diluted EPS: ₹(2.736)

For Year Ended March 31, 2026:

  • Revenue from Operations: ₹2,024.965
  • Other Income: ₹8.595
  • Total Income: ₹2,033.560
  • Total Expenses: ₹2,001.009
  • Profit before exceptional items and tax: ₹32.551
  • Exceptional items: ₹0.039
  • Profit before tax: ₹32.511
  • Tax Expense: ₹1.881 (Current tax: ₹1.881)
  • Profit for the period: ₹30.631
  • Basic EPS: ₹2.042
  • Diluted EPS: ₹2.042

Comparative Figures for Year Ended March 31, 2025:

  • Revenue from Operations: ₹981.200
  • Other Income: ₹7.584
  • Total Income: ₹988.784
  • Total Expenses: ₹1,116.606
  • Loss before tax: ₹(127.821)
  • Tax Expense: ₹3.532 (Deferred Tax: ₹3.532)
  • Loss for the period: ₹(131.353)
  • Basic EPS: ₹(8.757)
  • Diluted EPS: ₹(8.757)

Balance Sheet Position (As at March 31, 2026, Amounts in ₹ Lakh)

Assets:

  • Total Assets: ₹635.702
  • Current Assets: ₹635.702 (including Trade Receivables: ₹553.973, Cash and Cash Equivalents: ₹70.295, Loans: ₹4.288, Other Current Assets: ₹7.146)
  • Non-Current Assets: ₹0 (compared to ₹4.467 in previous year)

Equity and Liabilities:

  • Total Equity: ₹635.170 (Equity Share Capital: ₹150.000, Other Equity: ₹485.170)
  • Total Liabilities: ₹0.531 (Current Liabilities: ₹0.531)
  • Non-Current Liabilities: ₹0 (compared to ₹304.275 in previous year)

Cash Flow Statement (For Year Ended March 31, 2026, Amounts in ₹ Lakh)

  • Net Cash Flow from Operating Activities: ₹299.056
  • Net Cash Flow from Investing Activities: ₹0.142
  • Net Cash Flow from Financing Activities: ₹283.496
  • Net Increase in Cash & Cash Equivalents: ₹15.702
  • Cash & Cash Equivalents at end of period: ₹70.295

Additional Information

  • The company operates in a single operating segment as per IND AS 108.
  • Figures for previous years/periods have been regrouped/rearranged, reclassified and restated wherever considered necessary for comparability.
  • The company does not have any Holding/Subsidiary/Joint Venture/Associate concerns.
  • Figures for the quarter ended March 31, 2026 are balancing figures between audited full year figures and published unaudited year-to-date figures up to the third quarter.

Internal Auditor Appointment

Mr. Dharan Shah, Chartered Accountant, was re-appointed as Internal Auditor for FY 2026-27. His profile indicates expertise in direct tax laws, management consultancy, information system audit, risk management, internal audits, due diligence reviews, corporate laws, and corporate restructuring.