Key Events and Dates
- Original Submission Date: May 29, 2026 (Annual Financial Results)
- Resubmission Date: July 2, 2026 (with signed Statement on Impact of Audit Qualifications)
- Board Meeting Date: May 29, 2026 (4:00 PM to 6:00 PM)
- Financial Period: Quarter and year ended March 31, 2026
Financial Results Overview (Audited)
All amounts in ₹ Million
Year Ended March 31, 2026:
- Revenue from operations: ₹6,311.62
- Other Income: ₹48.12
- Total Revenue: ₹6,359.73
- Total Expenses: ₹6,057.51
- Profit before tax: ₹311.96
- Tax expense: ₹77.90
- Profit for the period: ₹234.06
- Total comprehensive income: ₹233.09
- Earnings per share (Basic & Diluted): ₹5.89
Quarter Ended March 31, 2026:
- Revenue from operations: ₹1,335.33
- Other Income: ₹17.32
- Total Revenue: ₹1,352.65
- Total Expenses: ₹1,309.90
- Profit before tax: ₹43.79
- Tax expense: ₹10.44
- Profit for the period: ₹33.35
- Total comprehensive income: ₹32.61
- Earnings per share (Basic & Diluted): ₹0.82
Audit Qualification Details
Auditor: Sanjay Vhanbatte & Company, Chartered Accountants
Qualified Opinion Basis: The company has not maintained stock records giving quantitative details of the goods dealt in during the year. Closing inventory has been taken as per physical counting carried out and related procedures.
Audit Report Date: May 29, 2026
Statement of Impact of Audit Qualification
The disclosure includes a comparative statement showing:
- Turnover/Total income: ₹6,311.62 (both before and after adjusting for qualifications)
- Total Expenditure: ₹6,057.51 (both before and after adjusting for qualifications)
- Net Profit/loss: ₹234.06 (both before and after adjusting for qualifications)
- Earning per share: ₹5.89 (both before and after adjusting for qualifications)
- Total Assets: ₹2,869.39 (both before and after adjusting for qualifications)
- Total Liabilities: ₹2,869.39 (both before and after adjusting for qualifications)
- Net worth: ₹1,946.61 (both before and after adjusting for qualifications)
The qualification regarding inventory recording methods did not result in any numerical adjustment to the reported financial figures.
Board Approvals (May 29, 2026)
1. Annual Financial Results: Approved audited financial results for quarter and year ended March 31, 2026 pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015
2. Appointment of Internal Auditor: Approved appointment of M/s. Ajit M. Joshi and Associates, Chartered Accountants (FRN: 100228W) as Internal Auditor for Financial Year 2026-27 based on Audit Committee recommendations
- Date of appointment: May 29, 2026
- Term: To conduct internal audit for FY 2026-27
- Profile: Firm has extensive experience in internal audit and Internal Financial Controls reviews
Additional Financial Information
Statement of Assets and Liabilities (as at March 31, 2026)
- Total Assets: ₹2,869.39
- Equity Share Capital: ₹396.00
- Other Equity: ₹1,550.61
- Total Equity: ₹1,946.61
- Non-current liabilities: ₹13.76
- Current liabilities: ₹909.03
Cash Flow Statement (Year ended March 31, 2026)
- Cash from operating activities: ₹359.59
- Cash from investing activities: ₹-19.76
- Cash from financing activities: ₹-105.71
- Net increase in cash: ₹234.12
- Closing cash balance: ₹699.28
Notes to Financial Results
1. Regrouping of discount on sales from other expenses to revenue from operations impacted March 2025 figures by ₹100.23 million
2. Regrouping of Interest Expense on Lease Liability from other expenses to finance costs impacted March 2025 figures by ₹12.34 million
3. Q4 FY26 results represent the difference between audited FY26 figures and unaudited 9-month figures ended December 31, 2025
4. Company declared interim dividend of ₹1.515 (15.15%) per share during quarter ended June 30, 2025
5. Impact of implementation of New Labour Codes recognized under Employee Benefit Expense, not material to results
6. Results available on BSE, NSE, and company website (www.saraswatisareedepot.com)