Board Meeting Details

The Board of Directors' Meeting for 2026-27 was held on Saturday, May 23, 2026. The meeting commenced at 12:30 p.m. and concluded at 5:30 p.m. During this meeting, the audited financial results were approved.

Financial Results Overview

Period: Quarter Ended (QE) and Financial Year Ended (FYE) March 31, 2026

Key Financial Figures:

  • Total Income from Operations (Net): ₹9,201.71 lakh for FYE March 31, 2026
  • Profit after Tax: ₹36.22 lakh for FYE March 31, 2026 (compared to ₹12.62 lakh in previous year)
  • Paid-up Equity Share Capital (Face Value ₹10 each): ₹512.48 lakh

Cash Flow Statement Analysis

For Year Ended March 31, 2026:

  • Net Cash Generated by Operating Activities: ₹177.34 lakh
  • Net Cash Used in Investing Activities: ₹(83.93) lakh
  • Net Cash Used in Financing Activities: ₹57.85 lakh
  • Net Increase in Cash and Cash Equivalents: ₹151.26 lakh
  • Cash and Cash Equivalents at Year End: ₹305.42 lakh (including Bank Balances of ₹303.23 lakh and Cash on Hand of ₹2.19 lakh)

Comparative Figures for Previous Year (March 31, 2025):

  • Net Cash Generated by Operating Activities: ₹22.15 lakh
  • Net Cash Used in Investing Activities: ₹(77.57) lakh
  • Net Cash Used in Financing Activities: ₹180.66 lakh
  • Net Increase in Cash and Equivalents: ₹125.24 lakh
  • Cash and Equivalents at Year End: ₹154.16 lakh

Balance Sheet Highlights

As at March 31, 2026:

  • Total Assets: ₹3,312.45 lakh
  • Current Liabilities: ₹1,438.48 lakh

Audit and Compliance Information

The financial statements:

  • Prepared in accordance with Indian Accounting Standards (Ind AS)
  • Reviewed by Audit Committee and approved by Board of Directors
  • Subjected to limited review by statutory auditors
  • Audit report contains unmodified opinion with no qualifications
  • Filed with Stock Exchange and available on company website

Auditor Details:

  • Firm: DPV & Associates, Chartered Accountants
  • FRN: 011688S
  • Partner: CA Vaira Mutthu K (M No: 218791)
  • UDIN: 26218791PFOJPF5235
  • Opinion Date: May 23, 2026

Business Segment Information

The company's business activity falls within a single segment: "Manufacturing of Steel Tubes" with substantially domestic market sales.

Significant Non-Cash Transactions

Vehicles acquired under HDFC Car Loans (Innov.a KIA) amounting to ₹28.12 lakh, entirely financed through borrowing arrangements.