Board Meeting Details
The Board of Directors meeting was held on 30th May, 2026, commencing at 6:00 p.m. and concluding at 6:25 p.m. The board transacted the following businesses:
- Considered and approved the Audited Financial Results along with Audit Report for the quarter and financial year ended 31st March, 2026
- Appointed M/s. Srimal Jain & Co., Chartered Accountants, as Internal Auditor of the Company for the Financial Year 2026-27
- Approval of Related Party Transactions for the half year ended 31st March, 2026
Financial Results Overview
For the Year Ended 31st March, 2026 (Audited):
- Total Income: ₹86.97 lakh (compared to ₹93.20 lakh in FY25)
- Total Expenses: ₹159.47 lakh (compared to ₹122.90 lakh in FY25)
- Loss before tax: ₹(72.50) lakh (compared to ₹(29.70) lakh in FY25)
- Total Tax Expense: ₹(0.44) lakh
- Net Loss for the year: ₹(72.94) lakh (compared to ₹(30.17) lakh in FY25)
- Basic and Diluted EPS: ₹(0.56) per share (compared to ₹(0.23) per share in FY25)
For the Quarter Ended 31st March, 2026 (Audited):
- Total Income: ₹12.91 lakh
- Profit before tax: ₹8.93 lakh
- Total Tax Expense: ₹(2.53) lakh
- Net Profit for the quarter: ₹11.46 lakh
- Basic and Diluted EPS: ₹0.09 per share
Revenue Breakdown (FY26)
- Interest Income: ₹84.98 lakh
- Other Operating Income: ₹1.56 lakh
- Other Income: ₹0.43 lakh
Expense Breakdown (FY26)
- Finance Cost: ₹4.20 lakh
- Net Loss on Fair Value Change: ₹122.25 lakh
- Employee benefits expense: ₹19.06 lakh
- Listing fees: ₹4.43 lakh
- Professional charges: ₹1.44 lakh
- Office and establishment charges: ₹1.62 lakh
- Depreciation: ₹0.67 lakh
- Other Expenses: ₹4.18 lakh
Balance Sheet Position (as at 31st March, 2026)
Assets:
- Total Assets: ₹1,662.64 lakh
- Financial Assets: ₹1,621.80 lakh (including Cash & Cash Equivalents ₹19.37 lakh, Loans ₹1,004.36 lakh, Investments ₹584.40 lakh)
- Non-Financial Assets: ₹40.84 lakh
Liabilities & Equity:
- Financial Liabilities: ₹142.17 lakh
- Non-Financial Liabilities: ₹0.10 lakh
- Total Equity: ₹1,520.37 lakh (Equity Share Capital ₹1,298.05 lakh, Other Equity ₹222.32 lakh)
Cash Flow Statement (FY26)
- Net cash used in operating activities: ₹(34.36) lakh
- Net cash used in investing activities: ₹0.43 lakh
- Net cash used in financing activities: ₹49.58 lakh
- Net increase in cash and cash equivalents: ₹15.65 lakh
Auditor Appointments
- Statutory Auditors: M/s. Surajit Roy & Associates, Chartered Accountants issued unmodified opinion on financial results
- Internal Auditor: M/s. Srimal Jain & Co., Chartered Accountants appointed for FY2026-27, described as having "rich experience in Internal Audit"
Business Segments
- Primary business segments: Investments and Finance
- No separate reportable segments as per Ind AS 108 as risk and returns are not associated with geographical segmentation
Additional Notes
- Figures for the quarter ended 31 March, 2026 represent balancing figures between audited full year and published unaudited year-to-date figures up to December 31, 2025
- Previous quarter/year figures have been regrouped/reclassified where necessary