Announced Wed, 27 May · 18:52 IST

Appointment of Internal Auditor for Financial Year 2026-27.

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AI summary

Manas Properties Ltd reported strong full-year FY2026 results with total revenue of Rs 4,413.29 lakhs (up 11.1% from Rs 3,972.63 lakhs in FY2025). Profit after tax grew 15% to Rs 3,175.11 lakhs, while EPS improved to Rs 76.32 from Rs 66.39. The company maintains a healthy cash position of Rs 10,541.43 lakhs, up significantly from Rs 7,338.97 lakhs in the prior year. Shareholders' funds stand at Rs 14,265.75 lakhs. The Board also appointed M/s Bhuta Shah & Co LLP as Internal Auditor for FY 2026-27, effective May 25, 2026. Statutory auditors Ashok Shyam & Associates issued an unmodified (clean) audit opinion on the financial statements. The company operates in the real estate segment focusing on construction, redevelopment, and leasing of properties.

Likely market impact

The company delivered double-digit revenue and profit growth with clean audit status, indicating strong financial controls. Substantial cash reserves and growing shareholders' funds reflect a healthy balance sheet, which is positive for investors.