Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting and Audited Financial Results (Standalone and Consolidated)
Date of Board Meeting / Approval: September 29, 2026
Audit Opinion: Qualified Opinion with Disclaimer of Opinion on certain matters for both Standalone and Consolidated results.
Auditor’s Comment: Multiple qualifications regarding asset recoverability, improper revenue recognition from amalgamation, unprovided interest expenses, and incomplete documentation affecting the true and fair view.
Key Financial Highlights [Rupees in Lakhs]
Standalone Results:
Revenue from Operations: Not explicitly stated in a single line; Total Income (Revenue + Other Income) for FY26 is ₹8,790.61
Total Income: ₹8,790.61 for FY26 (compared to ₹9,930.74 in FY25)
EBITDA: Not Available
Net Profit: Loss of ₹(1,417.18) for FY26 (compared to a profit of ₹95.89 in Q4 FY25 and a loss of ₹(3,090.35) in FY25)
EPS: ₹(1.00) for FY26
Other Equity: ₹37,898.06 as of March 31, 2026 (vs ₹36,731.37 in FY25)
Cash and Cash Equivalents: ₹648.91 as of March 31, 2026 (vs ₹1,172.27 in FY25)
Debt: Short-term borrowings: ₹7,955.27; Long-term borrowings: ₹204.85; Total Borrowings: ₹8,160.12
Consolidated Results:
Revenue from Operations: ₹5,957.75 for FY26 (vs ₹8,707.64 in FY25)
Total Income: ₹8,790.61 for FY26 (vs ₹9,930.74 in FY25)
EBITDA: Not Available
Net Profit: Loss of ₹(842.98) attributable to owners for FY26 (vs loss of ₹(2,826.89) in FY25)
EPS: Not calculated for consolidated
Other Equity: ₹35,223.11 as of March 31, 2026 (vs ₹36,295.17 in FY25)
Cash and Cash Equivalents: ₹805.25 as of March 31, 2026 (vs ₹2,025.70 in FY25)
Debt: Short-term borrowings: ₹7,955.26; Long-term borrowings: ₹204.85; Total Borrowings: ₹8,160.11
Segment-wise Performance: The company operates in a single segment, "Real Estate", as per IND AS 108.
Corporate Actions:
Dividend: The Board of Directors did not recommend any dividend on Equity Shares for FY26.
Capital Raising: On February 27, 2026, the company allotted 8,89,00,000 fully convertible warrants at ₹9.20 per warrant (aggregating ₹8,178.80 lakhs) on a preferential basis. ₹2,044.70 lakhs (25%) received upfront and classified under "Money received against share warrants" in Other Equity.