Financial Performance (Standalone)

  • Revenue from operations: ₹235.53 lakh (FY25-26) vs ₹468.48 lakh (FY24-25) - decrease of 49.7%
  • Other income: ₹0.41 lakh (FY25-26) vs ₹0.91 lakh (FY24-25)
  • Total income: ₹235.93 lakh (FY25-26) vs ₹469.39 lakh (FY24-25)
  • Operating & Administrative expenses: ₹257.28 lakh (FY25-26) vs ₹385.43 lakh (FY24-25)
  • Profit/(Loss) Before Depreciation, Interest & Tax: (₹21.35) lakh loss (FY25-26) vs ₹83.96 lakh profit (FY24-25)
  • Depreciation and amortization expense: ₹19.04 lakh (FY25-26) vs ₹24.99 lakh (FY24-25)
  • Finance costs: ₹13.49 lakh (FY25-26) vs ₹18.30 lakh (FY24-25)
  • Profit/(Loss) before tax: (₹53.88) lakh loss (FY25-26) vs ₹40.67 lakh profit (FY24-25)
  • Tax expense: (₹0.12) lakh deferred tax charge (FY25-26) vs ₹5.16 lakh (FY24-25)
  • Profit/(Loss) after tax: (₹53.76) lakh loss (FY25-26) vs ₹35.50 lakh profit (FY24-25)

Financial Performance (Consolidated)

  • Revenue from operations: ₹2,395.03 lakh (FY25-26)
  • Other income: ₹9.93 lakh (FY25-26)
  • Total income: ₹2,404.96 lakh (FY25-26)
  • Profit/(Loss) after tax: (₹35.52) lakh loss (FY25-26) vs ₹53.87 lakh profit (FY24-25)
  • Profit attributable to owners of parent: (₹39.17) lakh loss (FY25-26) vs ₹50.19 lakh profit (FY24-25)

Share Capital

  • Authorized Capital: ₹500 lakh (50 lakh equity shares of ₹10 each)
  • Issued and Paid-up Capital: ₹208.80 lakh (20,88,000 equity shares of ₹10 each)
  • No change in share capital during the year

Dividend

No dividend recommended for FY25-26 due to loss incurred and to preserve financial resources for operations and future growth.

Annual General Meeting Details

  • Date: Monday, August 31, 2026
  • Time: 03:00 P.M.
  • Venue: 121, Mahaveer Nagar, Jain Colony, Jodhpur, Rajasthan-342001, India

Agenda Items

Ordinary Business:

1. To receive, consider and adopt Audited Financial Statements (Standalone and Consolidated) for FY ended March 31, 2026

2. To appoint director in place of Mr. Lalit Ghewarchand Karnawat (DIN: 09097274) who retires by rotation

Special Business:

3. Approval for selling company's investment in Dhruvanshi Agrotech Private Limited (subsidiary) to Mrs. Mayuri Karnawat and Mr. Piyush Karnawat

Subsidiary Sale Proposal

  • Company holds: 8,000 equity shares (80% stake) in Dhruvanshi Agrotech Private Limited
  • Face value: ₹10 per share with premium of ₹330 per share
  • Proposed sale:
  • Mrs. Mayuri Karnawat: 5,600 shares for ₹19,04,000
  • Mr. Piyush Karnawat: 2,400 shares for ₹8,16,000
  • Total consideration: ₹27,20,000
  • Rationale: Rationalize investments, unlock value, improve liquidity, focus on core business
  • Approval required: Special Resolution under Section 180(1)(a) of Companies Act, 2013 and Regulation 37A of SEBI LODR Regulations
  • Valuation: Based on independent valuation report from Registered Valuer
  • Post-transaction impact: Dhruvanshi Agrotech will cease to be subsidiary

Board of Directors

  • Mr. Hitesh Karnawat (Chairman & Managing Director, DIN: 09097273)
  • Mr. Lalit Ghewarchand Karnawat (Whole-Time Director, DIN: 09097274)
  • Mrs. Mayuri Karnawat (Whole-Time Director & CFO, DIN: 09276591)
  • Mr. Adesh Bhansali (Non-Executive Independent Director, DIN: 09298681)
  • Mr. Praveen Kumar Bokariya (Non-Executive Independent Director, DIN: 08028204)
  • Mr. Neelabh Gotecha (Non-Executive Independent Director, DIN: 09298749)

Key Managerial Personnel

  • Mr. Hitesh Karnawat (Managing Director)
  • Mr. Lalit Ghewarchand Karnawat (Whole-Time Director)
  • Mrs. Mayuri Karnawat (Whole-Time Director & Chief Financial Officer)
  • Mrs. Monika Gandhi (Company Secretary and Compliance Officer)

Registrars and Share Transfer Agents

KFin Technologies Limited

Statutory Auditors

M/s. A Y & Company, Chartered Accountants

Secretarial Auditor

M/s Prashant Malhotra & Associates, Company Secretary in Practice

Internal Auditors

M/s. Singhvi Mehta and Associates, Chartered Accountants

Bankers

Bank of Baroda

Corporate Identity Number

L20299RJ2021PLC073899

Record Date

Register of Members and Share Transfer Books will remain closed from Monday, August 24, 2026 to Monday, August 31, 2026 (both days inclusive)

E-voting Details

  • Remote e-voting period: August 28, 2026 (9:00 AM) to August 30, 2026 (5:00 PM)
  • Cut-off date: August 24, 2026
  • Scrutinizer: Mr. Prashant Malhotra, Practicing Company Secretary

Additional Information

  • The company has one subsidiary: Dhruvanshi Agrotech Private Limited (acquired November 14, 2024)
  • No material changes and commitments affecting financial position between year-end and report date
  • No deposits accepted from public during the year
  • No change in nature of business during the year
  • No frauds reported by auditors
  • No significant material orders passed by regulators/courts
  • Company complied with all applicable secretarial standards