Audited Financial Results for the quarter and year ended on March 31, 2026
Awaiting price reaction for this filing.
The Board approved audited standalone financial results for Q4 FY26 and full year FY26, with a clean (unmodified) audit opinion from M/s. Nenawati & Associates. Revenue from operations rose to Rs. 119.02 crore (FY25: Rs. 103.09 crore), a growth of about 15.5% year-on-year, while total income (including other income) grew nearly 20% to Rs. 125.84 crore. Profit after tax jumped to Rs. 3.86 crore from Rs. 2.49 crore, a 55% rise, helped by higher other income and operating leverage. EBITDA margin expanded as depreciation (Rs. 5.38 cr vs Rs. 2.20 cr) and finance costs (Rs. 5.53 cr vs Rs. 4.37 cr) scaled up, but operating profitability improved. Net worth turned positive at Rs. 46.13 crore equity (vs negative net worth of Rs. 3.56 cr earlier per the attached certificate). The company also reduced outstanding qualified borrowings from Rs. 44.80 cr to Rs. 37.36 cr.
A clean audit, 55% PAT growth, and a swing to positive net worth are positive signals for shareholders, suggesting the company is recovering from its earlier insolvency-driven phase. Reduced borrowings and a stronger balance sheet are supportive, though finance costs remain high and Q4 standalone PAT was muted, so margin and cash-flow trends will be the key things to watch.