Board Meeting Details

The Board of Directors meeting was held on August 12, 2026, at the company's registered office. The meeting commenced at 4:00 PM and concluded at 4:45 PM. Based on the recommendation of the Audit Committee, the Board approved:

  • The un-audited standalone financial results for Q1 FY2027
  • The notice of the 19th Annual General Meeting (AGM)
  • The Directors' Report along with annexures

Financial Results (Quarter Ended June 30, 2026)

Income Statement (Amounts in ₹ lakh):

  • Value of Sales & Services (Revenue): 9,272.63
  • Less: GST Recovered: 1,336.86
  • Revenue from Operations: 7,935.77
  • Other Income: 8.47
  • Total Income: 7,944.24

Expenses:

  • Cost of Materials Consumed: 7,351.76
  • Change in Inventories: -347.73 (negative indicates decrease)
  • Employee Benefits Expense: 159.02
  • Financial Cost: 112.89
  • Depreciation/Amortization: 39.69
  • Other Expenses: 486.14
  • Total Expenses: 7,801.76

Profitability:

  • Profit Before Exceptional Item and Tax: 142.48
  • Exceptional Item: None (compared to -1.65 in previous quarter)
  • Profit Before Tax: 142.48
  • Tax Expenses:
  • Current tax: 35.33
  • Deferred tax: -0.33
  • Profit for the Period: 107.48
  • Total Comprehensive Income: 107.48

Earnings Per Share (Not Annualized):

  • Basic EPS: ₹0.09
  • Diluted EPS: ₹0.09

Comparative Performance:

  • Revenue from Operations increased 32% YoY (from ₹601.35 lakh in Q1 FY2026)
  • Net Profit decreased 37% YoY (from ₹170.27 lakh in Q1 FY2026)
  • Sequential comparison with March 31, 2026 quarter shows net profit decreased from ₹132.85 lakh

Balance Sheet Items:

  • Paid-up Equity Share Capital: ₹2,459.16 lakh (Face Value: ₹2.00 per share)
  • Other Equity/Reserves: ₹6,919.37 lakh
  • Net Worth: ₹9,378.53 lakh

Financial Ratios:

  • Debt Service Coverage Ratio: 1.85 (2.46 in Q1 FY2026)
  • Interest Service Coverage Ratio: 2.26 (3.48 in Q1 FY2026)

Annual General Meeting Details

The Board fixed Saturday, September 19, 2026, at 3:00 PM as the date for the 19th Annual General Meeting, to be held through Video Conferencing/Other Audio-Visual Means. The cut-off date for determining eligibility of members to vote through e-voting is Saturday, September 12, 2026. The Notice of AGM along with Annual Report will be circulated to members shortly.

Tax Regime Change

The Company has opted for the new tax regime under section 115BAA of the Income Tax Act. Accordingly, the company recognized provision for income tax for the quarter ended June 30, 2026, and re-measured its deferred tax liabilities (net) at the rate of 25.17%. The full impact of this change has been recognized in the statement of Profit & Loss for the quarter.

Auditor's Review

The financial results were reviewed by the statutory auditors, Bhavin Associates Chartered Accountants (Firm Registration No. 101383W), who issued an unqualified limited review report dated August 12, 2026. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410.

Additional Notes

  • The financial results have been prepared in accordance with Indian Accounting Standards (IND AS)
  • The company does not have more than one reportable primary segment
  • Figures for corresponding previous period have been regrouped/reclassified wherever necessary
  • The financial results are available on the company's website (www.ultracabwires.com) and BSE website