Key Financial Figures (All amounts in ₹ Lakhs except per share data)

Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹1,408.50
  • Other Income: ₹8.85
  • Total Revenue: ₹1,417.35
  • Total Expenses: ₹1,414.09
  • Profit before Tax: ₹3.26
  • Tax Expense (Earlier Year): ₹2.34
  • Net Profit for the period: ₹0.92
  • Other Comprehensive Income: ₹2.78
  • Total Comprehensive Income: ₹3.70
  • Basic EPS: ₹0.06
  • Diluted EPS: ₹0.06

Year Ended March 31, 2026:

  • Revenue from Operations: ₹2,869.89
  • Other Income: ₹11.72
  • Total Revenue: ₹2,881.61
  • Total Expenses: ₹2,852.69
  • Profit before Tax: ₹28.92
  • Tax Expense (Earlier Year): ₹2.34
  • Net Profit for the year: ₹26.58
  • Other Comprehensive Income: ₹2.78
  • Total Comprehensive Income: ₹29.36
  • Basic EPS: ₹0.45
  • Diluted EPS: ₹0.45

Comparative Figures (Year Ended March 31, 2025):

  • Revenue from Operations: ₹2,845.22
  • Net Profit: ₹6.91
  • Basic EPS: ₹0.13

Balance Sheet Highlights as at March 31, 2026

  • Paid-up Equity Share Capital: ₹647.95 lakhs (Face value ₹10 each)
  • Total Equity: ₹82.67 lakhs
  • Total Non-Current Liabilities: ₹152.68 lakhs
  • Total Current Liabilities: ₹1,976.57 lakhs
  • Total Liabilities: ₹2,129.25 lakhs
  • Total Assets: ₹2,211.92 lakhs

Cash Flow Statement for Year Ended March 31, 2026

  • Net Cash from Operating Activities: (₹46.86) lakhs
  • Net Cash from Investing Activities: (₹8.50) lakhs
  • Net Cash from Financing Activities: ₹47.83 lakhs
  • Net Decrease in Cash and Equivalents: (₹7.53) lakhs
  • Cash and Cash Equivalents at year-end: ₹1.45 lakhs

Significant Notes to Financial Results

1. The company operates predominantly in marine products processing and export segment.

2. Members approved sale of 180 cents of land with building in Extra Ordinary General Meeting on July 31, 2025, with condition that successful bidder must lease the building back to the company.

3. Company identified prior period errors in depreciation computation resulting in net excess depreciation provision of ₹8.92 lakhs, which has been corrected retrospectively.

4. Reclassified unsecured interest-free loan of ₹259.50 lakhs from Non-Current to Current Financial Liabilities based on revised assessment of repayment obligations.

5. Corrected error in initial measurement of security deposit received amounting to ₹50.00 lakhs, resulting in adjustment to retained earnings of ₹0.33 lakhs.

6. Company assessed that ongoing geo-political conditions do not have significant effect on carrying amounts of assets.

Meeting Details

  • Board meeting commenced at 3:30 PM IST and concluded at 4:00 PM IST on May 30, 2026
  • Results available on NSE, BSE and company websites