Integrated Filing — IndAS



General information about company

Scrip Code 526397
NSE Symbol ALPHAGEO
MSEI Symbol NOTLISTED
ISIN INE137C01018
Name of company ALPHAGEO (INDIA) 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 27-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-05-2026
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 Single segment
Description of single segment Geophysical Data Acquisition, Processing and Interpretation Services
Start date and time of board meeting 27-05-2026   13:00:00
End date and time of board meeting 27-05-2026   15:15:00
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 Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

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 4,928.96 11,217.44
Other income 4.08 619.79
Total income 4,933.04 11,837.23
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 376.52 1,419.40
(e) Finance costs 9.50 32.69
(f) Depreciation, depletion and amortisation expense 324.97 1,636.54
(f) Other Expenses
1 Other expenses 400.91 717.64
2 Geophysical survey and related expenses 4,244.70 9,912.65
Total other expenses 4,645.61 10,630.29
Total expenses 5,356.60 13,718.92
3 Total profit before exceptional items and tax (423.56) (1,881.69)
4 Exceptional items 0.00 0.00
5 Total profit before tax (423.56) (1,881.69)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax (125.33) (487.06)
9 Total tax expenses (125.33) (487.06)
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 (298.23) (1,394.63)
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 (0.06) (0.01)
16 Total profit (loss) for period (298.29) (1,394.64)
17 Other comprehensive income net of taxes 212.91 389.79
18 Total Comprehensive Income for the period (85.38) (1,004.85)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (308.62) (1,389.39)
Total profit or loss, attributable to non-controlling interests 10.33 (5.25)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (95.71) (999.60)
Total comprehensive income for the period attributable to owners of parent non-controlling interests 10.33 (5.25)
21 Details of equity share capital
Paid-up equity share capital 636.48 636.48
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 24,699.02
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -4.85 -21.83
Diluted earnings (loss) per share from continuing operations -4.85 -21.83
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 -4.85 -21.83
Diluted earnings (loss) per share from continuing and discontinued operations -4.85 -21.83
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The above consolidated audited financial results for the quarter and year ended 31st March 2026 as reviewed by the audit committee and have been considered and approved by the Board of Directors at its meeting held on May 27, 2026. The statutory auditors of the company have expressed an unmodified opinion on these results. 2 The Statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 as amended. 3 The Consolidated results include the audited financial results of Indian subsidiary, associate company of Indian subsidiary and audited financial results of foreign subsidiary. 4 The group is engaged in the business of Geophysical Data Acquisition, Processing and interpretation Services and therefore, has only one reportable segment in accordance with Ind AS 108 Operating Segments. 5 During the financial year 2021-22, the Income Tax Department raised a demand on the Company in connection with disallowance of excess depreciation claimed on import of machinery, amounting to Rs. 601.53 lakhs. Further, during the financial year 2024–25, the Managing Director received a separate tax demand of Rs. 1,644.78 lakhs in his personal capacity in relation to the same matter, which has been indemnified by the Company and accordingly recognised as a non-current income tax asset. Based on external expert opinion obtained and management’s assessment of the facts and circumstances of the case, the Company believes that the matter is defensible on merits and the likelihood of an outflow of economic resources is not probable. Accordingly, no provision has been recognised in the financial statements in respect of this matter. The aggregate exposure in respect of the above matter amounting to Rs. 2,246.31 lakhs has been disclosed as a contingent liability. 6 During the financial year 2022-23, the Directorate of Enforcement provisionally seized fixed deposits aggregating Rs. 1,601.08 lakhs alleging contravention under the provisions of FEMA, 1999.During the current year, the Company received a show cause notice dated 29 January 2026 from the adjudicating authority in relation to the aforesaid matter. The matter is presently under adjudication.Based on legal opinion obtained, management believes that the Company has a strong case on merits and the likelihood of material outflow is not probable at this stage. Accordingly, no provision has been recognised in the financial statements in respect of this matter. However, considering the pending proceedings, the matter has been disclosed as a contingent liability. 7 The figures for the quarter ended 31st March 2026 & 31st March 2025 are the balancing figures between audited figures for the full financial year and the reviewed year to date figures up to the third quarter of the respective financial year. 8 The Board of Directors has recommended a dividend of Rs. 5 per equity share of Rs.10/- each for the financial year 2025-26, subject to approval of shareholders at the ensuing annual general meeting of the company. 9 The abstract of Financial Results on Standalone basis is given below: PARTICULARS Quarter Ended Year ended 31.03.2026 31.12.2025 31.03.2025 31.03.2026 31.03.2025 (Refer note-4) Unaudited (Refer note-4) Audited Audited Total revenue from operations 4683.56 1,683.73 4241.42 10972.04 9096.27 Profit /(Loss) before tax from continuing operations (481.46) (782.11) (494.03) (1910.67) (1012.72) Profit /(Loss) after tax from continuing operations (361.95) (584.44) (450.94) (1429.49) (763.30) Profit /(Loss ) after tax from dis-continuing operations - - - - - Other comprehensive income (Net of tax) 10.80 (1.69) (11.02) 5.73 (6.76) Total comprehensive income (351.15) (586.13) (461.96) (1423.76) (770.06) 10 The figures for the corresponding previous period have been reclassified / regrouped wherever necessary to conform to current period classification. For ALPHAGEO (INDIA) LIMITED HYDERABAD Dinesh Alla May 27, 2026 Chairman & Managing Director



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

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 5,959.80
Capital work-in-progress 214.16
Investment property 0.00
Goodwill 0.00
Other intangible assets 0.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 1.39
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Bank balances other than cash and cash equivalents 53.94
Total of other non-current financial assets 53.94
Total non-current financial assets 55.33
Deferred tax assets (net) 1,373.89
Other non-current assets
1 Income tax assets (net) 2,671.61
2 Other non-current assets 26.18
Total of other non-current assets 2,697.79
Total non-current assets 10,300.97
2 Current assets
Inventories 155.53
Current financial asset
Current investments 2,547.93
Trade receivables, current 4,022.86
Cash and cash equivalents 7,431.79
Bank balance other than cash and cash equivalents 4,084.58
Loans, current 0.00
Other current financial assets
Total of other current financial assets 23.55
Total current financial assets 18,110.71
Current tax assets (net)
Other current assets
1 Other current assets 992.16
Total of other current assets 992.16
Total current assets 19,258.40
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 29,559.37
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 637.84
Other equity 24,699.02
Total equity attributable to owners of parent 25,336.86
Non controlling interest 93.54
Total equity 25,430.40
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 0.00
Provisions, non-current 128.58
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 128.58
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 727.94
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 773.33
Total Trade payable 1,501.27
Other current financial liabilities
1 Other financial liabilities 2,381.30
Total of other current financial liabilities 2,381.30
Total current financial liabilities 3,882.57
Other current liabilities 105.10
1 Other liabilities 105.10
Total of other current liabilities 105.10
Provisions, current 12.72
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 4,000.39
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 4,128.97
Total equity and liabilites 29,559.37
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

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 Items that will not be reclassified to profit or loss 14.42 7.65
Total Amount of items that will not be reclassified to profit and loss 14.42 7.65
2 Income tax relating to items that will not be reclassified to profit or loss 3.62 1.92
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss (202.11) (384.06)
5 Total Other comprehensive income 212.91 389.79



Cash flow statement, indirect

Amount in (Lakhs)

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 (1,881.69)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 32.69
Adjustments for decrease (increase) in inventories 37.82
Adjustments for decrease (increase) in trade receivables, current 2,684.40
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (140.51)
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 1,636.54
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
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 549.75
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 40.17
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 202.02
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 3,943.38
Net cash flows from (used in) operations 2,061.69
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 282.20
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,779.49
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 213.13
Proceeds from sales of investment property 0.17
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
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 0.00
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 539.82
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (811.95)
Net cash flows from (used in) investing activities (485.09)
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 0.00
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 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 509.18
Interest paid 32.69
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (541.87)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 752.53
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 372.33
Net increase (decrease) in cash and cash equivalents 1,124.86
Cash and cash equivalents cash flow statement at beginning of period 6,306.93
Cash and cash equivalents cash flow statement at end of period 7,431.79





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's 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 Yes
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 MAJETI & CO. Yes 30-09-2026