Financial Results Approval

The Board of Directors considered and approved the Audited Standalone and Consolidated financial results for the quarter and year ended March 31, 2026, as recommended by the Audit Committee in their meeting held earlier the same day.

The financial results include:

Standalone Financial Highlights (Year-ended March 31, 2026):

  • Revenue from Operations: ₹5,247.165 Lakhs (compared to ₹3,805.348 Lakhs in FY25)
  • Other Income: ₹30.129 Lakhs (compared to ₹17.595 Lakhs in FY25)
  • Total Income: ₹5,277.294 Lakhs (compared to ₹3,822.943 Lakhs in FY25)
  • Profit Before Tax: ₹225.155 Lakhs (compared to ₹140.281 Lakhs in FY25)
  • Tax Expense: ₹66.121 Lakhs (₹65.565 Lakhs current tax, ₹0.556 Lakhs deferred tax)
  • Profit for the Year: ₹159.033 Lakhs (compared to ₹99.592 Lakhs in FY25)
  • Earnings Per Share (Basic & Diluted): ₹4.06 (compared to ₹3.04 in FY25)
  • Paid-up Equity Share Capital: ₹392.145 Lakhs (Face value ₹10 each)

Quarter-ended March 31, 2026 Performance:

  • Revenue from Operations: ₹1,172.439 Lakhs
  • Profit for the Quarter: ₹5.43 Lakhs
  • EPS (Basic & Diluted): ₹0.02

Balance Sheet Position (Standalone as at March 31, 2026):

  • Total Assets: ₹3,159.158 Lakhs
  • Total Equity: ₹1,545.876 Lakhs
  • Non-Current Liabilities: ₹345.258 Lakhs
  • Current Liabilities: ₹1,268.024 Lakhs
  • Inventories: ₹1,077.465 Lakhs
  • Trade Receivables: ₹1,003.312 Lakhs (Current) + ₹43.041 Lakhs (Non-Current)

Internal Auditor Reappointment

The Board re-appointed M/s P S S & Co. Chartered Accountants, Chennai as Internal Auditors for the financial year 2026-2027, effective April 1, 2026. The reappointment was recommended by the Audit Committee during their meeting held earlier the same day.

Internal Auditor Details:

  • Firm: M/s P S S & Co. Chartered Accountants, Chennai
  • Reason: Re-appointment as Internal Auditor
  • Effective Date: April 1, 2026
  • Date of Occurrence: May 27, 2026
  • Terms: Re-appointed for Financial Year 2026-2027
  • Profile: Specializes in Income Tax, Company Audit, and Internal Audits of Banks and Commercial Organizations
  • Director Relationships: Nil

Audit Opinion

M/s A R Krishnan & Associates, Chartered Accountants (FRN: 009805S) issued unmodified audit opinions on both the standalone and consolidated financial statements. The auditors reported:

  • No key audit matters to communicate
  • Proper books of account maintained as required by law
  • Adequate internal financial controls in place and operating effectively
  • No material fraud noticed or reported during the audit
  • No default in repayment of loans or interest to any lender
  • Company generally regular in depositing undisputed statutory dues

Board Meeting Details

The Board meeting commenced at 11:30 AM IST and concluded at 3:00 PM IST on May 27, 2026.

Additional Information

The company is primarily engaged in the business of 'Aqua Culture' which represents a single segment for performance assessment. The consolidated financial statements include United Aquatech Private Limited, an associate company with total assets of ₹1,652.478 Lakhs as of March 31, 2026.