Board Meeting Details

The Board of Directors meeting was held on May 29, 2026, commencing at 4:00 PM and concluding at 6:35 PM. The Board considered and approved:

  • Audited financial results/statements for the quarter and year ended March 31, 2026
  • Audited Statement of Assets & Liabilities as at March 31, 2026
  • Cash Flow Statement for the period ended March 31, 2026
  • Declaration regarding unmodified opinion on Audit Report
  • Independent Auditors' Report for financial year ended March 31, 2026

Financial Results (Rupees in Lakhs)

Quarterly Performance:

  • Q4 FY2026 (Mar 31, 2026): Revenue from Operations ₹0.80, Total Expenses ₹6.53, Net Loss ₹5.73
  • Q3 FY2026 (Dec 31, 2025): Revenue from Operations ₹0.50, Total Expenses ₹5.43, Net Loss ₹4.93
  • Q4 FY2025 (Mar 31, 2025): Revenue from Operations ₹15.00, Total Expenses ₹11.56, Net Profit ₹3.44

Annual Performance:

  • FY2026: Revenue from Operations ₹4.55, Other Income ₹0.00, Total Revenue ₹4.55, Total Expenses ₹24.73, Net Loss ₹20.18
  • FY2025: Revenue from Operations ₹0.00, Other Income ₹16.00, Total Revenue ₹16.00, Total Expenses ₹34.73, Net Loss ₹18.73

Key Financial Metrics:

  • Employee benefits expense: FY2026 ₹14.05 lakhs (FY2025: ₹11.95 lakhs)
  • Other expense: FY2026 ₹10.68 lakhs (FY2025: ₹22.78 lakhs)
  • Paid-up equity share capital: ₹997.24 lakhs (unchanged from previous year)
  • Reserves excluding revaluation reserves: Negative ₹1,215.89 lakhs (FY2025: Negative ₹1,195.71 lakhs)
  • Earnings per equity share: ₹0.00 for all periods (face value ₹10 per share)

Cash Flow Statement (Year Ended March 31, 2026)

  • Cash flow from operating activities: Negative ₹24.13 lakhs
  • Cash flow from investing activities: ₹0.00
  • Cash flow from financing activities: Positive ₹23.88 lakhs (from increase in unsecured loans)
  • Net decrease in cash and cash equivalents: Negative ₹0.25 lakhs
  • Opening cash balance: ₹0.72 lakhs
  • Closing cash balance: ₹0.47 lakhs

Audit and Compliance

M/s. VASG & Associates, Statutory Auditors, issued audit reports with unmodified opinion on the audited financial results for FY2026. The impact of audit qualification is nil. This confirmation is provided in compliance with Regulation 33(3)(d) of SEBI Listing Regulations and SEBI Circular No. CIR/CFD/CMD/56/2016 dated May 27, 2016.

Segment Information

The company has only one reportable segment - Software Sector. Separate segment disclosure is not required.

Additional Information

  • Previous period figures have been regrouped wherever necessary for comparison
  • Results are available on company website: www.srivenmultitech.com
  • The company maintains proper records of fixed assets with no material discrepancies
  • Undisputed GST payable: ₹3,58,200 as of March 31, 2026
  • Company reported cash losses in both current and immediately preceding financial year
  • No pending litigations affecting financial position
  • No dividends declared or paid during the year

Auditor's Key Findings

  • Adoption of Ind AS 115 Revenue from Contracts with Customers identified as key audit matter
  • Adequate internal financial controls system in place and operating effectively
  • No fraud noticed or reported during the year
  • Company has adequate internal audit system commensurate with size and nature of business