VSF Projects Limited held a Board of Directors meeting on Monday, 25th May 2026 at its corporate office in Hyderabad. The meeting commenced at 5:30 PM and concluded at 6:15 PM.

Board Approvals

The Board considered and approved the following matters:

  • Approved the Annual Audited Financial Results for the quarter and full year ended 31st March 2026
  • Taken note of the Auditors Report for the Audited Financial Results for the quarter and year ended 31st March 2026
  • Approved increase of Authorized Capital from ₹17.00 crores to ₹34.00 crores, subject to approval of shareholders

Financial Performance (Standalone)

Income Statement (All amounts in INR Lakh):

For Quarter Ended March 31, 2026:

  • Other Income: ₹10.92
  • Total Income: ₹10.92
  • Employee Benefits Expenses: ₹0.12
  • Finance Cost: ₹1.36
  • Depreciation and Amortization: ₹0.89
  • Other Expenses: ₹20.29
  • Total Expenses: ₹22.66
  • Loss Before Tax: ₹(11.74)
  • Net Loss: ₹(11.74)

For Full Year Ended March 31, 2026:

  • Other Income: ₹63.64
  • Total Income: ₹63.64
  • Employee Benefits Expenses: ₹1.04
  • Finance Cost: ₹16.71
  • Depreciation and Amortization: ₹25.51
  • Other Expenses: ₹60.47
  • Total Expenses: ₹103.73
  • Loss Before Tax: ₹(40.09)
  • Net Loss: ₹(40.09)

Comparative Figures:

  • FY25 Net Loss: ₹(26.98) lakh
  • Q4 FY25 Net Profit: ₹5.67 lakh
  • Q3 FY26 Net Loss: ₹(24.52) lakh

Balance Sheet Position (As at 31st March 2026)

Assets (INR Lakh):

  • Property, Plant and Equipment: ₹6,556.17
  • Intangible Assets: ₹0.26
  • Capital Work in Progress: ₹11,634.34
  • Deferred Tax Asset: ₹2.80
  • Cash and Cash Equivalents: ₹100.04
  • Other Financial Assets: ₹645.90
  • Other Current Assets: ₹198.23
  • Total Assets: ₹19,137.75

Liabilities and Equity (INR Lakh):

  • Equity Share Capital: ₹1,639.63 (unchanged from FY25)
  • Other Equity: ₹8,193.37 (FY25: ₹8,236.59)
  • Total Equity: ₹9,833.00
  • Borrowings (Non-current): ₹8,468.26 (FY25: ₹6,043.69)
  • Trade Payables: ₹771.31 (FY25: ₹1,053.67)
  • Other Financial Liabilities: ₹54.16 (FY25: ₹80.77)
  • Other Current Liabilities: ₹11.02 (FY25: ₹125.11)

Cash Flow Statement (FY26)

  • Net Cash from Operating Activities: ₹2,897.91
  • Net Cash Used in Investing Activities: ₹(2,836.26)
  • Net Cash Used in Financing Activities: ₹(16.71)
  • Net Increase in Cash: ₹44.93
  • Opening Cash Balance: ₹55.11
  • Closing Cash Balance: ₹100.04

Additional Notes

  • The financial results were prepared in accordance with Indian Accounting Standards (Ind AS)
  • The company operates as one segment as per Ind AS 108 - Operating Segments
  • Previous period figures have been rearranged/reclassified wherever necessary
  • The results are available on the BSE website and company's website