| Scrip Code | 532875 |
|---|---|
| NSE Symbol | ADSL |
| MSEI Symbol | NOTLISTED |
| ISIN | INE102I01027 |
| Name of company | ALLIED DIGITAL SERVICES LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 21-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 15-05-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 21-05-2026 15:15:00 |
| End date and time of board meeting | 21-05-2026 20:50:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 26,777.16 | 96,790.74 | |
| Other income | 608.02 | 2,041.35 | |
| Total income | 27,385.18 | 98,832.09 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 0.00 | 0.00 |
| (b) | Purchases of stock-in-trade | 17,229.22 | 58,504.49 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (391.10) | 125.14 |
| (d) | Employee benefit expense | 5,015.28 | 19,738.21 |
| (e) | Finance costs | 345.40 | 1,178.26 |
| (f) | Depreciation, depletion and amortisation expense | 507.86 | 1,993.18 |
| (f) | Other Expenses | ||
| 1 | Other expenses | 5,935.42 | 12,803.40 |
| Total other expenses | 5,935.42 | 12,803.40 | |
| Total expenses | 28,642.08 | 94,342.68 | |
| 3 | Total profit before exceptional items and tax | (1,256.90) | 4,489.41 |
| 4 | Exceptional items | 0.00 | (130.48) |
| 5 | Total profit before tax | (1,256.90) | 4,358.93 |
| 6 | Tax expense | ||
| 7 | Current tax | 433.06 | 2,439.67 |
| 8 | Deferred tax | (1,350.80) | (1,635.14) |
| 9 | Total tax expenses | (917.74) | 804.53 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | (339.16) | 3,554.40 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | (1.04) | (1.04) |
| 16 | Total profit (loss) for period | (340.20) | 3,553.36 |
| 17 | Other comprehensive income net of taxes | (206.91) | (108.43) |
| 18 | Total Comprehensive Income for the period | (547.11) | 3,444.93 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | (547.88) | 2,881.27 | |
| Total profit or loss, attributable to non-controlling interests | 1.79 | 671.08 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | (551.88) | 2,769.05 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 4.80 | 675.88 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 2,826.00 | 2,826.00 | |
| Face value of equity share capital | 5 | 5 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 0.00 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -0.6 | 6.3 | |
| Diluted earnings (loss) per share from continuing operations | -0.59 | 6.25 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -0.6 | 6.3 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -0.59 | 6.25 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1 The Company is engaged in the business of IT and ITeS Services, Global Managed Service Provider and Systems Integrator, offering the entire spectrum of infrastructure solutions and services to clients across 70 countries.2 The above audited consolidated financial results have been prepared in the format specified in Division II of Schedule III of Companies Act, 2013 (the Statement) and are, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, amended by the Companies (Indian Accounting Standards) Rules, 2016, prescribed under Section 133 of the Companies Act 2013 (the Act) read with relevant rules issued thereunder and the other accounting principles generally accepted in India.3 The above financial results were reviewed by the Audit Committee and approved by the Board of Directors of the Company at their meeting held on May 21, 2026. The statutory auditors have issued modified opinion on the financial results for the quarter and year ended March 31, 2026.4 The Company has applied accounting policies in preparation of these financial results consistent with those followed in the annual financial statements for the year ended March 31, 2025.5 The auditor opinion is modified in respect of below matter -a) The Company had extended interest-free loans to subsidiaries in earlier years, the outstanding balance of which aggregated to Rs.11,703 lakhs as at December 31, 2025, resulting in non-compliance with Section 186(7) of the Companies Act, 2013. During the quarter ended March 31, 2026, loans aggregating to Rs.11,590 lakhs have been converted into equity shares of the subsidiary. Further, other outstanding loan balances have either been repaid during the year or interest on the balance outstanding loans is being charged from the current financial year.6 During the current year, the Company has carried out reconciliation of Input Tax Credit (ITC) balances under Goods and Services Tax (GST) with the records available on the GST portal and has appropriately accounted for the consequential adjustments, wherever considered necessary, in the books of account.7 During the current year, Company has carried out physical verification of fixed assets. Variances aggregating to approximately Rs. 1,060 Lakhs identified during the verification/reconciliation exercise have been adjusted/rectified in the books of account during the year. However, reconciliation of the physical verification results with the Fixed Asset Register and books of account is currently under process.8 The company has completed physical inventory verification and made appropriate adjustments for slow-moving / obsolete items during current quarter.9 During the current quarter, management reviewed and revised its ECL policy for financial assets and recognized an additional provision for impairment amounting to Rs. 3,573 lakhs.10 On 21 November 2025, the Government of India consolidated 29 existing labour legislations into a unified framework comprising 4 Labour codes. In accordance with the requirements of Ind AS 19 'Employee Benefits', these changes have resulted in an increase in the past service cost of gratuity by Rs. 130 lakhs Considering that the enactment of the new legislation is a non-recurring event, the Company has presented this one-time charge under 'Exceptional Item'. The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed.11 During the quarter and year ended March 31, 2026, the Company has allotted Nil and 1,31,875 fresh equity shares, respectively, having a face value of Rs. 5 each, pursuant to the exercise of stock options vested under the ESOP Plan.12 The figures for the last quarter are the balancing figures between audited figures in respect of the full financial year and the published year-to-date figures up to the third quarter of the current financial year.13 Figures for the previous periods/year have been regrouped, wherever necessary, to make them comparable with the current period/year.14 The results for the quarter and year ended March 31, 2026 are available on the BSE Ltd website, www.bseindia.com, NSE Ltd website, www.nseindia.com and on company's website www.alliedigital.net. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| Date of start of reporting period | 01-04-2025 | |
| Date of end of reporting period | 31-03-2026 | |
| Whether results are audited or unaudited | Audited | |
| Nature of report standalone or consolidated | Consolidated | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 3,652.65 | |
| Capital work-in-progress | ||
| Investment property | 7,354.20 | |
| Goodwill | 9,622.00 | |
| Other intangible assets | 4,213.39 | |
| Intangible assets under development | 880.00 | |
| Biological assets other than bearer plants | ||
| Investments accounted for using equity method | 616.49 | |
| Non-current financial assets | ||
| Non-current investments | 0.00 | |
| Trade receivables, non-current | ||
| Loans, non-current | 2.00 | |
| Other non-current financial assets | ||
| 1 | Other financial assets | 88.27 |
| Total of other non-current financial assets | 88.27 | |
| Total non-current financial assets | 90.27 | |
| Deferred tax assets (net) | 890.46 | |
| Other non-current assets | ||
| 1 | Other non-current assets | 171.25 |
| Total of other non-current assets | 171.25 | |
| Total non-current assets | 27,490.71 | |
| 2 | Current assets | |
| Inventories | 4,786.56 | |
| Current financial asset | ||
| Current investments | 241.62 | |
| Trade receivables, current | 14,005.09 | |
| Cash and cash equivalents | 13,406.99 | |
| Bank balance other than cash and cash equivalents | 1,554.58 | |
| Loans, current | 18,945.60 | |
| Other current financial assets | ||
| Total of other current financial assets | 21,710.24 | |
| Total current financial assets | 69,864.12 | |
| Current tax assets (net) | ||
| Other current assets | ||
| 1 | Other current assets | 3,678.14 |
| Total of other current assets | 3,678.14 | |
| Total current assets | 78,328.82 | |
| 3 | Non-current assets classified as held for sale | |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | |
| Total assets | 1,05,819.53 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 2,825.71 | |
| Other equity | 58,534.84 | |
| Total equity attributable to owners of parent | 61,360.55 | |
| Non controlling interest | 5,762.68 | |
| Total equity | 67,123.23 | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 5,100.29 | |
| Trade payables, non-current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | ||
| Total Trade payable | ||
| Other non-current financial liabilities | ||
| 1 | Other financial liabilities | 1,528.98 |
| Total of other non-current financial liabilities | 1,528.98 | |
| Total non-current financial liabilities | 6,629.27 | |
| Provisions, non-current | 955.77 | |
| Deferred tax liabilities (net) | ||
| Deferred government grants, Non-current | ||
| Other non-current liabilities | ||
| Total of other non-current liabilities | ||
| Total non-current liabilities | 7,585.04 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 6,575.22 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 165.40 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 15,229.89 | |
| Total Trade payable | 15,395.29 | |
| Other current financial liabilities | ||
| 1 | Other current financial liabilities | 4,748.86 |
| Total of other current financial liabilities | 4,748.86 | |
| Total current financial liabilities | 26,719.37 | |
| Other current liabilities | 877.36 | |
| 1 | Other current liabilities | 877.36 |
| Total of other current liabilities | 877.36 | |
| Provisions, current | 2,858.03 | |
| Current tax liabilities (Net) | 656.50 | |
| Deferred government grants, Current | ||
| Total current liabilities | 31,111.26 | |
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | |
| Total liabilities | 38,696.30 | |
| Total equity and liabilites | 1,05,819.53 | |
| Disclosure of notes on assets and liabilities | ||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-01-2026 | 01-04-2025 | |||||
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Services | 20,909.00 | 75,614.00 | ||||
| 2 | Solutions | 5,868.00 | 21,177.00 | ||||
| 3 | Unallocated | 0.00608 | 2,041.00 | ||||
| Total Segment Revenue | 27,385.00 | 98,832.00 | |||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | 27,385.00 | 98,832.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Services | 6,897.00 | 24,942.00 | ||||
| 2 | Solutions | 878.00 | 3,169.00 | ||||
| 3 | Unallocated | 0.00 | 0.00 | ||||
| Total Profit before tax | 7,775.00 | 28,111.00 | |||||
| i. Finance cost | 345.00 | 1,178.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 8,685.00 | 22,444.00 | |||||
| Profit before tax | (1,255.00) | 4,489.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Services | 0.00 | 0.00 | ||||
| 2 | Solutions | 0.00 | 0.00 | ||||
| 3 | Unallocated | 0.00 | 0.00 | ||||
| Total Segment Asset | 0.00 | 0.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 0.00 | 0.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Services | 0.00 | 0.00 | ||||
| 2 | Solutions | 0.00 | 0.00 | ||||
| 3 | Unallocated | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 0.00 | 0.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 0.00 | 0.00 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement of defined employee benefit plan | (176.14) | (57.14) |
| Total Amount of items that will not be reclassified to profit and loss | (176.14) | (57.14) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (51.16) | (16.64) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Foreign currency translation difference (net of tax) | (81.93) | (67.93) |
| Total Amount of items that will be reclassified to profit and loss | (81.93) | (67.93) | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (206.91) | (108.43) |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 31-03-2026 | ||||
| C | Whether results are audited or unaudited | Audited | ||||
| D | Nature of report standalone or consolidated | Consolidated | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 4,358.93 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 1,178.26 | |||||
| Adjustments for decrease (increase) in inventories | (674.99) | |||||
| Adjustments for decrease (increase) in trade receivables, current | 1,361.44 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | (719.76) | |||||
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |||||
| Adjustments for other financial assets, non-current | (7,589.09) | |||||
| Adjustments for other financial assets, current | 0.00 | |||||
| Adjustments for other bank balances | 1,048.91 | |||||
| Adjustments for increase (decrease) in trade payables, current | 8,947.77 | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 0.00 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 1,993.18 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 3,387.79 | |||||
| Adjustments for provisions, current | (2,688.64) | |||||
| Adjustments for provisions, non-current | 0.00 | |||||
| Adjustments for other financial liabilities, current | 1,254.80 | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 752.43 | |||||
| Adjustments for share-based payments | 20.72 | |||||
| Adjustments for fair value losses (gains) | 21.54 | |||||
| Adjustments for undistributed profits of associates | 0.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |||||
| Other adjustments to reconcile profit (loss) | 0.00 | |||||
| Other adjustments for non-cash items | 2,757.74 | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 9,547.24 | |||||
| Net cash flows from (used in) operations | 13,906.17 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 1,093.26 | |||||
| Interest received | 752.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (642.58) | |||||
| Net cash flows from (used in) operating activities | 12,922.33 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 0.00 | |||||
| Purchase of property, plant and equipment | 994.40 | |||||
| Proceeds from sales of investment property | 131.00 | |||||
| Purchase of investment property | 0.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 1,078.48 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 17,380.75 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 2,678.99 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) investing activities | (22,001.62) | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 60.01 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 5,139.91 | |||||
| Repayments of borrowings | 677.98 | |||||
| Payments of lease liabilities | 0.00 | |||||
| Dividends paid | 849.40 | |||||
| Interest paid | 0.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) financing activities | 3,672.54 | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (5,406.75) | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |||||
| Net increase (decrease) in cash and cash equivalents | (5,406.75) | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 18,813.37 | |||||
| Cash and cash equivalents cash flow statement at end of period | 13,406.62 | |||||
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Auditor's opinion | Qualified opinion |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | Singhi & Co. | Yes | 31-08-2028 | ||
|---|---|---|---|---|---|
| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
|---|---|---|---|
| 1 | Turnover / Total income | 98,832.00 | 98,832.00 |
| 2 | Total Expenditure | 94,344.00 | 94,344.00 |
| 3 | Net Profit/(Loss) | 3,552.00 | 3,552.00 |
| 4 | Earnings Per Share | 6.3 | 6.3 |
| 5 | Total Assets | 1,05,819.00 | 1,05,819.00 |
| 6 | Total Liabilities | 38,695.00 | 38,695.00 |
| 7 | Net Worth | 67,124.00 | 67,124.00 |
| Sr. | Details of Audit Qualification | Type of Audit Qualification | Frequency of qualification | For Audit Qualification(s) where the impact is quantified by the auditor | For Audit Qualification(s) where the impact is not quantified by the auditor | ||
|---|---|---|---|---|---|---|---|
| Management's Views | (i) Management's estimation on the impact of audit qualification | (ii) If management is unable to estimate the impact, reasons for the same | Auditors' Comments on (i) or (ii) above | ||||
| 1 | Textual Information(1) | Qualified opinion | Repetitive | Textual Information(2) | Textual Information(3) | Textual Information(4) | Textual Information(5) |
| Textual Information(1) | i. The Company had granted interest free loans to certain subsidiaries / related parties, in earlier years, which is in non compliance with the provisions of Section 186(7) of Companies Act, 2013. Although during the current year, one of the loans has been converted into equity vide agreement dated March 25, 2026 and interest has been charged on the other continuing loans with effect from April 1, 2025 and/or such loans have been repaid. No interest was charged on the aforesaid loan up to the date of conversion into equity and accordingly the Company continued to be in non-compliance with Section 186(7) of the Companies Act, 2013 during part of the current year. Further, the Company is yet to complete certain FEMA related reporting/compliance requirements in respect of the aforesaid conversion of loan into equity. |
|---|---|
| Textual Information(2) | The auditor is unable to quantify the impact. |
| Textual Information(3) | NA |
| Textual Information(4) | The Auditors qualification pertains to non-compliance u/s. 186 (7) of the Companies Act, 2013 which was subsequently rectified by the end of the financial year. Impact of this cannot be quantified as the matter pertains to classification of an amount provided to the subsidiary to facilitate further investment, support the working capital requirements and ensure the liquidity of the respective related party companies. |
| Textual Information(5) | Refer our independent auditors report. The matter was remedied during the year but since the Company was in non-compliance for part of the year, we have retained our observation on technical grounds. |
| Name of CEO / Managing director | Nitin Shah |
|---|---|
| Name of CFO | Gopal Tiwari |
| Name of audit committee chairman | Milind Kamat |
| Name of statutory auditor | Ravi Kapoor (Statutory Auditor) |
| Name of other signatory, if any, with designation | |
| Place | Mumbai |
| Date | 21-05-2026 |