Board Meeting Details

  • Meeting Date: Monday, 25th May, 2026
  • Commencement Time: 04:45 PM
  • Conclusion Time: 05:15 PM

Key Decisions Approved

1. Audited Financial Results: The Board considered, recommended, and approved:

  • Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended 31st March, 2026
  • Auditor's Report issued by Statutory Auditors on said results

2. Internal Auditor Appointment: Approved appointment of M/s Ajit Jain & Co., Chartered Accountants as Internal Auditors for FY 2026-2027

Financial Results - Standalone (₹ in Lakhs)

Quarterly Performance:
  • Q4 FY26 (Audited): Revenue from Operations: ₹2.89, Other Income: ₹18.48, Total Revenue: ₹21.37
  • Net Loss: ₹16.73
  • EPS: -₹0.46 (Basic & Diluted)
  • Q3 FY25 (Unaudited): Total Revenue: ₹19.49, Net Profit: ₹3.32, EPS: ₹0.09
  • Q4 FY25 (Audited): Total Revenue: ₹26.52, Net Profit: ₹9.96, EPS: ₹0.28
Annual Performance FY26 vs FY25:
  • FY26 (Audited): Total Revenue: ₹92.51 vs ₹78.45 (FY25)
  • Net Profit: ₹19.84 vs ₹30.84 (FY25) - decrease of 35.7%
  • EPS: ₹0.55 vs ₹0.86 (FY25)
Key Financial Metrics:
  • Employee Benefits Expense: ₹13.00 (FY26) vs ₹10.67 (FY25)
  • Depreciation: ₹7.01 (FY26) vs ₹8.25 (FY25)
  • Other Expenses: ₹42.32 (FY26) vs ₹21.18 (FY25)
  • Tax Expense: Current Tax ₹8.50, Deferred Tax ₹-1.05

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

  • Total Assets: ₹1,377.60 lakhs
  • Equity Share Capital: ₹359.79 lakhs
  • Other Equity: ₹979.10 lakhs
  • Cash and Cash Equivalents: ₹116.50 lakhs
  • Trade Receivables: ₹31.46 lakhs
  • Other Current Assets: ₹1,055.48 lakhs

Cash Flow Statement (Standalone FY26):

  • Cash from Operating Activities: ₹82.87 lakhs
  • Cash from Investing Activities: ₹-93.88 lakhs (mainly share purchase)
  • Net Decrease in Cash: ₹-11.01 lakhs
  • Closing Cash Balance: ₹116.50 lakhs

Consolidated Financial Results:

  • FY26 Consolidated Net Profit: ₹19.86 lakhs
  • Q4 FY26 Consolidated Net Loss: ₹16.45 lakhs
  • Consolidated EPS: ₹0.55 (FY26), -₹0.45 (Q4 FY26)

Significant Corporate Developments

1. Acquisition Completion: During Q4 FY26, the company completed 100% acquisition of equity shares of Arvind Foods Limited, an unlisted public company, making it a wholly-owned subsidiary.

2. Merger Scheme: The Board on 24th April, 2026 approved draft Scheme of Merger by Absorption or Scheme of Amalgamation with Arvind Foods Limited (Transferor Company/Wholly Owned Subsidiary).

Additional Notes

  • No related party transactions during half year ending 31st March, 2026
  • No outstanding defaults on loans and debt securities
  • Single segment operations, hence segment reporting not applicable
  • Previous year figures regrouped/reclassified where necessary