Financial Results Overview

The Board approved the Audited Standalone Financial Results for the Quarter and Year ended March 31, 2026. Key financial highlights include:

Balance Sheet (as of March 31, 2026 vs March 31, 2025):

  • Total Equity and Liabilities: ₹23,278.74 lakhs (vs ₹7,519.54 lakhs)
  • Share Capital: ₹2,307.96 lakhs (vs ₹750.00 lakhs)
  • Reserves and Surplus: ₹9,008.08 lakhs (vs ₹1,211.82 lakhs)
  • Long-term borrowings: ₹2,458.86 lakhs (vs ₹897.60 lakhs)
  • Total Assets: ₹23,278.74 lakhs (vs ₹7,519.54 lakhs)
  • Tangible assets: ₹4,599.31 lakhs (vs ₹3,142.97 lakhs)
  • Inventories: ₹9,278.56 lakhs (vs ₹3,240.52 lakhs)

Profit and Loss Statement (Year ended March 31, 2026 vs March 31, 2025):

  • Total Income: ₹27,369.88 lakhs (vs ₹16,308.40 lakhs)
  • Total Expenses: ₹25,808.80 lakhs (vs ₹15,926.38 lakhs)
  • Profit before tax: ₹1,561.08 lakhs (vs ₹616.11 lakhs)
  • Tax expense: ₹308.42 lakhs (vs ₹146.95 lakhs)
  • Net profit after tax: ₹1,252.66 lakhs (vs ₹369.16 lakhs)
  • Earnings per share (Basic and Diluted): ₹7.94 (vs ₹6.26)

Cash Flow Statement (Year ended March 31, 2026 vs March 31, 2025):

  • Net cash used in operating activities: ₹(5,313.42) lakhs (vs ₹177.03 lakhs inflow)
  • Net cash used in investing activities: ₹(7,546.93) lakhs (vs ₹(494.21) lakhs)
  • Net cash from financing activities: ₹13,171.87 lakhs (vs ₹607.56 lakhs)
  • Net increase in cash: ₹311.52 lakhs (vs ₹290.38 lakhs)
  • Cash and equivalents at year-end: ₹603.33 lakhs (vs ₹291.81 lakhs)

Key Financial Developments

The company completed an Initial Public Offering (IPO) of 8,079,600 equity shares of face value ₹10 each with a premium of ₹100 per share, aggregating to ₹8,887.56 lakhs. The shares were fully subscribed and allotted on February 23, 2026. Issue expenses amounted to ₹785.99 lakhs.

Auditor Appointments

The Board approved:

1. Appointment of M/s. H. M. Kadeval & Associates, Practicing Company Secretaries (COP: 27829, Peer Review No.: 6777/2025), as Secretarial Auditors for FY 2025-26.

2. Appointment of M/s. Kabra & Maliwal, Chartered Accountants (FRN 104485W), as Internal Auditors for FY 2026-27 and onwards.

Audit Opinion

M/s. NBT and Co, Chartered Accountants (ICAI Firm Registration Number: 140489W), issued an unmodified audit opinion on the financial results, confirming they give a true and fair view in accordance with applicable accounting standards and SEBI regulations.

Additional Information

The company was formerly known as Yashhtej Solvent Limited and Yashhtej Solvent Private Limited. It operates in a single business segment and one geographical segment. The company listed on the BSE SME platform effective February 25, 2026. There were no investor complaints pending as of March 31, 2026.

Meeting Details

The Board meeting commenced at 3:00 PM and concluded at 5:30 PM on May 29, 2026, at the Registered Office in Latur, Maharashtra.