Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Financial Year ended 31st March, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 33 and 52
Date of Board Meeting / Approval: Friday, 29th May, 2026 (02:00 PM to 02:45 PM)
Audit Opinion: Unmodified Opinion
Auditor’s Comment: Statutory auditors, Navneet Sehgal & Co., issued an unmodified opinion on the annual financial results and a review conclusion on the quarterly results stating no material misstatement was found.
Key Financial Highlights [Unit: ₹ Lakhs]
Standalone Results:
Financial Year Ended 31.03.2026 (Audited)
- Revenue from Operations: ₹24,587.59
- Total Income: ₹24,587.59
- Net Profit/(Loss): ₹(19,718.10)
- EPS (Basic & Diluted): ₹(4.09)
- Other Equity: ₹(19,718.10)
Financial Year Ended 31.03.2025 (Audited)
- Revenue from Operations: ₹31,106.75
- Total Income: ₹31,106.75
- Net Profit/(Loss): ₹(22,739.14)
- EPS (Basic & Diluted): ₹(5.15)
- Other Equity: ₹(22,739.14)
Quarter Ended 31.03.2026 (Audited)
- Revenue from Operations: ₹6,631.34
- Total Income: ₹6,631.34
- Net Profit/(Loss): ₹49.61
- EPS (Basic & Diluted): ₹0.01
Quarter Ended 31.12.2025 (Unaudited)
- Revenue from Operations: ₹5,283.90
- Total Income: ₹5,283.90
- Net Profit/(Loss): ₹21.43
- EPS (Basic & Diluted): ₹0.00
Debt: Not separately disclosed in the results statement.
Cash and Cash Equivalents: ₹28.21 Lakhs as at 31.03.2026 (₹43.65 Lakhs as at 01.04.2025)
Consolidated Results:
Not Applicable. The company has no Subsidiary/ Associate/ Joint Venture company as on 31st March, 2026.
Segment-wise Performance [Unit: ₹ Lakhs]
The company operates in two segments: Textiles and Real Estate.
Financial Year Ended 31.03.2026 (Audited)
- Textiles Segment Revenue: ₹24,587.59; Segment Profit/(Loss) before tax & interest: ₹(337.60)
- Real Estate Segment Revenue: ₹0.00; Segment Profit/(Loss) before tax & interest: ₹2,004.22
- Total Profit Before Tax: ₹768.13
Financial Year Ended 31.03.2025 (Audited)
- Textiles Segment Revenue: ₹31,106.75; Segment Profit/(Loss) before tax & interest: ₹(581.79)
- Real Estate Segment Revenue: ₹0.00; Segment Profit/(Loss) before tax & interest: ₹3,481.97
- Total Profit Before Tax: ₹1,492.40
Quarter Ended 31.03.2026 (Audited)
- Textiles Segment Revenue: ₹6,631.34; Segment Profit/(Loss) before tax & interest: ₹66.75
- Real Estate Segment Revenue: ₹0.00; Segment Profit/(Loss) before tax & interest: ₹78.16
- Total Profit Before Tax: ₹88.26
Corporate Actions:
- Dividend: Not Specified
- Share Issuance: During the quarter, the company issued 2,41,25,000 equity shares of ₹1/- each upon conversion of warrants out of 7,24,50,000 warrants issued on a preferential basis to a promoter group entity. As of the date, 2,54,00,000 warrants are pending conversion.
- Paid-up Capital: Increased to ₹48,30,19,004 consisting of 48,30,19,004 equity shares of ₹1/- each.
Other Significant Information:
- Cash Flow: Net cash used in operating activities was ₹(3,034.41) Lakhs for FY2026. Net cash from investing activities was ₹2,019.41 Lakhs. Net cash from financing activities was ₹999.56 Lakhs.
- Key Ratios (FY2026 Audited):
- Debt Equity Ratio: -0.28
- Debt Service Coverage Ratio: 0.40
- Interest Service Coverage Ratio: 1.85
- Current Ratio: 0.58
- Operating Margin: 6.01%
- Net Profit Margin: 5.24%