Key Financial Figures (All amounts in ₹ Lakhs)

Total Income: Decreased to ₹282.00 in FY 2025-26 from ₹381.19 in FY 2024-25

Profit Before Tax: Loss of ₹54.66 in FY 2025-26 compared to profit of ₹27.43 in FY 2024-25

Tax Expense: ₹101.44 in FY 2025-26 compared to ₹12.42 in FY 2024-25

Profit After Tax: Loss of ₹156.10 in FY 2025-26 compared to profit of ₹15.00 in FY 2024-25

Total Comprehensive Income: Loss of ₹177.39 in FY 2025-26 compared to profit of ₹15.18 in FY 2024-25

Revenue from Operations: ₹68.52 (primarily from educational training under DDU-GKY)

Other Income: ₹213.47 (including interest received ₹177.60, rental income ₹9.91, sundry balances written back ₹16.56)

Share Capital: Authorized ₹2,775.00 lakhs (27,750,000 equity shares of ₹10 each); Issued, Subscribed and Paid-up: ₹2,766.89 lakhs (27,668,900 equity shares of ₹10 each)

Net Worth: ₹3,241.68 lakhs as of March 31, 2026

Key Ratios

Current Ratio: 1.69 (1.87 in previous year)

Debt Equity Ratio: 0.31 (0.27 in previous year)

Return on Equity: -0.06 (0.01 in previous year)

Return on Capital Employed: -0.01 (0.01 in previous year)

Return on Investment: -0.01 (0.01 in previous year)

AGM Details

34th Annual General Meeting: Wednesday, September 30, 2026 at 11:00 AM

Venue: Registered Office at Village Sarehkhurd, Tehsil-Tijara, Distt. Alwar, Rajasthan-301001

Business:

1. To receive, consider and adopt Financial Statements for year ended March 31, 2026

2. To appoint Rajendra Kumar Bagrodia (DIN: 00178250) as Director liable to retire by rotation

Record Date: September 23, 2026

Book Closure: September 22, 2026 to September 30, 2026 (both days inclusive)

E-voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM) through NSDL

Board of Directors

  • Sh. Amrit Mohinder Uttam (Independent Director)
  • Smt. Aruna Goeka (Independent Director)
  • Sh. Rajendra Kumar Bagrodia (Chairman Cum Managing Director, DIN: 00178250)
  • Smt. Sneh Bagrodia (Non-Executive Non Independent Director)

Company Secretary: Ms. Varunika Bhandari

Chief Financial Officer: Mr. Shantanu Bagrodia

Statutory Auditors

O P BAGLA & Co LLP, Chartered Accountants (Firm Registration No. 000018N/N500091)

Appointed for 5-year term from conclusion of 32nd AGM (2024) till conclusion of 37th AGM (2029)

Key Operational Highlights

  • Beer plant in Rajasthan not operational since termination of agreement with United Breweries Ltd
  • Company engaged in educational training under Deen Dayal Upadhyay Gramin Kaushal Yojna (DDU-GKY)
  • Production capacity: 50 lakh cases of beer per annum (currently idle)
  • 29 permanent employees as of March 31, 2026

Contingent Liabilities and Disputes

Disputed demands not provided for:

  • Service Tax: ₹2,970.43 lakhs (pending with CESTAT, New Delhi)
  • State Excise Duty: ₹30.50 lakhs (Revenue Board) and ₹1.25 lakhs (Honorable High Court of Rajasthan)
  • Income Tax: ₹7.42 lakhs (CIT Appeal)
  • Franchise duty: ₹9.25 lakhs

United Breweries Ltd Arbitration:

  • Company received favorable arbitration award dated October 6, 2025
  • UBL filed appeal with Bengaluru Commercial Court (pending)
  • Necessary adjustment entries to be passed on receipt of final order

Corporate Governance

  • Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 confirmed
  • No investor grievances pending for more than one month
  • Whistle Blower Policy in place
  • No cases of sexual harassment reported during the year

Dividend and Reserves

  • No dividend recommended due to inadequate profits
  • No amount transferred to General Reserve

Capital Structure Impact

  • No shares allotted during the year under review
  • 74% of total shares dematerialized as of March 31, 2026