Key Quantitative Figures & Financial Results

The Board approved the audited financial results for Q4 and FY ended 31st March 2026.

Standalone Financial Results (₹ in Lakhs):

For the Quarter Ended 31/03/2026 (Audited):

  • Revenue from Operations: ₹316.42
  • Fees and Commission Income: ₹51.56
  • Sale of Products: ₹254.36
  • Interest Income: ₹9.39
  • Dividend Income: ₹0.28
  • Other Income: (₹63.99) [Gain/(Loss) on sale of Investment]
  • Total Income: ₹252.43
  • Total Expenses: ₹431.24
  • Employee Benefits Expenses: ₹13.75
  • Cost of materials consumed: ₹555.55
  • Changes in Inventories: (₹141.84)
  • Others expenses: ₹4.45
  • Depreciation: (₹1.00)
  • Profit / (loss) before exceptional items and tax: (₹178.81)
  • Profit/(loss) before tax: (₹178.81)
  • Tax Expense: ₹42.49
  • Profit / (loss) for the period: (₹136.32)
  • Total Comprehensive Income for the period: (₹136.32)
  • Basic & Diluted EPS (₹): (1.84)

For the Year Ended 31/03/2026 (Audited):

  • Revenue from Operations: ₹460.01
  • Fees and Commission Income: ₹171.31
  • Sale of Products: ₹254.36
  • Interest Income: ₹30.66
  • Dividend Income: ₹2.78
  • Others: ₹0.90
  • Other Income: (₹67.65) [Gain/(Loss) on sale of Investment]
  • Total Income: ₹392.36
  • Total Expenses: ₹618.94
  • Profit / (loss) before exceptional items and tax: (₹226.58)
  • Exceptional items: (₹25.02)
  • Profit/(loss) before tax: (₹251.60)
  • Tax Expense: ₹60.85
  • Profit / (loss) for the period: (₹191.81)
  • Total Comprehensive Income for the period: (₹191.81)
  • Basic & Diluted EPS (₹): (2.59)

Statement of Assets and Liabilities as of 31/03/2026 (₹ in Lakhs):

  • Total Assets: ₹847.59
  • Investments: ₹84.43
  • Loans: ₹506.79
  • Inventories: ₹141.84
  • Property, Plant and Equipment: ₹12.23
  • Deferred tax Assets (Net): ₹97.23
  • Other Receivables: ₹0.03
  • Security Deposit: ₹1.56
  • Cash & Cash equivalent: ₹1.93
  • Total Liabilities and Equity: ₹847.59
  • Equity Share capital: ₹774.44
  • Other Equity: ₹68.07
  • Provisions: ₹1.27
  • Statutory Dues: ₹1.62
  • Audit Fees Payable: ₹0.54
  • Director Remuneration Payable: ₹1.65

Cash Flow Statement for FY Ended 31/03/2026 (₹ in Lakhs):

  • Net Cash from Operating Activities: (₹856.83)
  • Net Cash from Investing Activities: ₹266.80
  • Purchase of Investments: (₹1,077.27)
  • Proceeds from Sale of Investments: ₹1,323.98
  • Purchase of Property, plant & Equipment: (₹13.35)
  • Net Cash from Financing Activities: ₹472.13 [Share Allotment Money Received]
  • Net Increase in cash & Cash equivalent: (₹117.90)
  • Cash & Cash equivalent (Opening Balance): ₹119.83
  • Cash & Cash equivalent (Closing Balance): ₹1.93

Dates of Action

  • Board Meeting Date: 25th May 2026 (commenced at 04:00 P.M., concluded at 04:30 P.M.)
  • Financial Period Ended: 31st March 2026
  • Auditor's Report Date: 25th May 2026

Parties Involved

  • Stock Exchange: BSE Ltd.
  • Statutory Auditors: M K K Kothari & Associates (FRN: 0323929E), Partner M K Kothari (Membership No. - 059513)
  • Appointed Internal Auditor: Mr. Nitin Gami, Proprietor of Nitin Gami & Associates (Chartered Accountant)
  • Recommended Secretarial Auditor: Mr. Navneet Jhunjhunwala, Proprietor of N.Jhunjhunwala & Associates (Practicing Company Secretary)
  • Managing Director: Anuj Agarwal (DIN: 02984121)

Purpose & Rationale

The board meeting was held to approve the annual financial statements and related matters for the financial year 2025-2026, in compliance with SEBI Listing Regulations.

Financial & Operational Impact

  • The company reported a net loss of ₹191.81 lakhs for FY 2025-2026.
  • An exceptional item of ₹25.02 lakhs was charged to the Statement of Profit and Loss, pertaining to the write-off of a fraudulent withdrawal from a bank account that occurred in FY 1997-98. This write-off reduced profit before tax by this amount.
  • The management assessed the possibility of recovery as remote.
  • Cash flow from operations was negative at (₹856.83) lakhs, primarily due to operational losses and an increase in loans given.

Capital Structure Impact

  • Equity Share Capital stood at ₹774.44 lakhs as of 31st March 2026.
  • The cash flow statement shows ₹472.13 lakhs was received from 'Share Allotment Money' during the year, indicating a change in share capital.

Audit Opinion

The statutory auditors, M K Kothari & Associates, issued an unmodified (clean) opinion on the standalone financial results. Their report includes an 'Emphasis of Matter' paragraph drawing attention to Note 3 regarding the write-off of the fraudulent withdrawal of ₹25.02 lakhs.

Appointments Approved

1. Internal Auditor: Mr. Nitin Gami was appointed as Internal Auditor for FY 2026-2027 with effect from the conclusion of the board meeting on 25.05.2026.

2. Secretarial Auditor: The board recommended to shareholders the appointment of Mr. Navneet Jhunjhunwala as Secretarial Auditor for a term from FY 2026-2027 to FY 2029-2030, effective from the conclusion of the board meeting on 25.05.2026.