Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Financial Year ended March 31, 2026 (Q4 FY26, FY26)

Nature of Filing / Announcement: Outcome of Board Meeting pursuant to SEBI LODR Regulations

Date of Board Meeting / Approval: Thursday, May 28, 2026 (12:30 PM to 06:30 PM)

Audit Opinion: Unmodified opinion for both standalone and consolidated financial results.

Auditor’s Comment: No qualifications or modifications noted. The audit was conducted by SSRV & Associates, Chartered Accountants (Firm Registration No. 135901W).

Key Financial Highlights [₹ in Lakhs]

Standalone Results:

For the Year Ended March 31, 2026 (Audited) vs. March 31, 2025 (Audited):

  • Revenue from Operations: ₹9,073.89 (FY26) vs. ₹9,392.27 (FY25) [Decline of 3.39% YoY]
  • Total Income: ₹9,654.08 (FY26) vs. ₹9,911.32 (FY25)
  • Net Profit: ₹949.44 (FY26) vs. ₹1,325.12 (FY25) [Decline of 28.35% YoY]
  • EPS: ₹1.98 (Basic & Diluted) (FY26) vs. ₹3.15 (Basic & Diluted) (FY25)
  • Other Equity: ₹13,250.85 (Mar-26) vs. ₹10,333.74 (Mar-25)
  • Cash and Cash Equivalents: ₹583.99 (Mar-26) vs. ₹721.93 (Mar-25)
  • Debt:
  • Borrowings (Non-current): ₹6,520.55 (Mar-26) vs. ₹4,339.52 (Mar-25)
  • Borrowings (Current): ₹2,128.28 (Mar-26) vs. ₹1,147.61 (Mar-25)
  • Total Borrowings: ₹8,648.83 (Mar-26) vs. ₹5,487.13 (Mar-25)

For the Quarter Ended March 31, 2026 (Audited) vs. March 31, 2025 (Audited):

  • Revenue from Operations: ₹2,745.77 (Q4 FY26) vs. ₹2,875.44 (Q4 FY25)
  • Net Profit: ₹388.81 (Q4 FY26) vs. ₹722.19 (Q4 FY25)
  • EPS: ₹0.81 (Basic & Diluted) (Q4 FY26) vs. ₹1.60 (Basic & Diluted) (Q4 FY25)

Consolidated Results:

For the Year Ended March 31, 2026 (Audited) vs. March 31, 2025 (Audited):

  • Revenue from Operations: Not explicitly stated in a single line in the provided data tables.
  • Net Profit attributable to Owners of the Company: ₹605.53 (FY26) vs. ₹1,144.35 (FY25) [Decline of 47.08% YoY]
  • Total Comprehensive Income attributable to Owners: ₹598.36 (FY26) vs. ₹1,159.39 (FY25)
  • EPS: ₹1.27 (Basic & Diluted) (FY26) vs. ₹2.72 (Basic & Diluted) (FY25)
  • Other Equity (Attributable to shareholders): ₹13,951.82 (Mar-26) vs. ₹11,386.63 (Mar-25)
  • Cash and Cash Equivalents: ₹1,262.51 (Mar-26) vs. ₹2,232.83 (Mar-25)
  • Debt:
  • Borrowings (Non-current): ₹9,034.50 (Mar-26) vs. ₹5,240.25 (Mar-25)
  • Borrowings (Current): ₹2,772.59 (Mar-26) vs. ₹1,147.60 (Mar-25)
  • Total Borrowings: ₹11,807.09 (Mar-26) vs. ₹6,387.85 (Mar-25)

For the Quarter Ended March 31, 2026 (Audited):

  • Net Profit attributable to Owners of the Company: ₹122.20 (Q4 FY26)
  • EPS: ₹0.26 (Basic & Diluted) (Q4 FY26)

Segment-wise Performance:

The company is primarily engaged in the Real Estate business. Pursuant to Ind AS 108, no separate segment disclosure has been made as the company has only one reportable business segment and one geographical segment.

Corporate Actions:

  • Dividend: The Board recommended a Final Dividend of ₹0.20 per equity share of face value ₹10 each for FY26, subject to approval by shareholders at the ensuing Annual General Meeting (AGM).
  • Share Capital Changes: The paid-up share capital increased from ₹4,526.88 lakhs to ₹4,785.88 lakhs during the year due to:
  • Share warrant conversion on 29.10.2024: 1000.00 (units not specified, value implied)
  • Preferential allotment on 11.12.2024: 468.1709 (units not specified, value implied)
  • Share warrant conversion on 31.01.2026: 259.00 (units not specified, value implied)

Other Significant Information:

  • Acquisitions:
  • On January 28, 2026, the company acquired a 64% stake in Sumit Abode Pvt Ltd.
  • On May 31, 2025, the company acquired an additional 48% partnership in Sumit Pragati Ventures LLP, taking its total holding to 98%.
  • On December 25, 2025, subsidiary Sumit Matunga Builders Pvt Ltd became a partner in JSN Realtors LLP with a 60% profit-sharing ratio.
  • Revenue Recognition: Revenue is recognized over time using the percentage-of-completion method (POC), based on the cost of construction incurred. 100% revenue is booked for apartments sold and agreements registered after the Occupancy Certificate is issued.
  • Seasonality: The real estate sector exhibits inherent seasonality, causing quarterly financial figures to fluctuate.
  • Entities in Consolidation: The consolidated results include the Holding Company, 6 subsidiaries, and 10 LLPs. A list of 21 entities is provided in Annexure 1 of the auditor's report.