Crest Ventures Limited has reported a standalone net profit of ₹3,949.63 lakh for the financial year ended March 31, 2026, a decline from ₹7,882.43 lakh in the previous year. The board recommended a final dividend of ₹1 per equity share, subject to shareholder approval. The company's consolidated investment portfolio grew to ₹285.35 crore, while real estate investments at cost reached ₹998.30 crore.

Financial Performance

For the year ended March 31, 2026, total income decreased to ₹11,669.28 lakh from ₹16,414.03 lakh in FY25. Revenue from operations stood at ₹11,653.20 lakh, compared to ₹16,410.31 lakh in the prior year. Basic earnings per share (EPS) fell to ₹14.00 from ₹27.96 in the previous year.

Consolidated Results

On a consolidated basis, Q4 net profit rose to 84M rupees from 77M rupees in the corresponding quarter of the previous year. However, Q4 consolidated revenue declined to 320M rupees from 476M rupees year-on-year. The consolidated ICD/Loan book (net off debt) stood at ₹115.81 crore, with cash and cash equivalents of ₹129.02 crore.

Investment and Real Estate Portfolio

The consolidated value of investments at market value increased to ₹285.35 crore in FY26 from ₹177.33 crore in FY25. This includes listed shares, unlisted shares, and mutual funds. The consolidated value of investments in real estate at cost rose to ₹998.30 crore for FY26, compared to ₹543.11 crore in the previous year.

Ongoing and Upcoming Projects

Crest Ventures is executing projects with a gross development value of ₹3,335 crore. Key ongoing projects include Crest 4 Pali Hill in Mumbai (GDV ₹300 crore) and Crest Saidale in Breach Candy (GDV ₹1,300 crore). Upcoming projects include Crest Legacy in Dadar (GDV ₹2,200 crore) and Crest Aspen in Andheri (GDV ₹370 crore).

Corporate Governance

The board approved the re-appointment of M/s. Mathur & Co., Chartered Accountants, as internal auditors for FY2026-2027. Mr. Manish Jadhav has been designated as the Chief Information Security Officer (CISO) for a term of three years commencing May 22, 2026. The 44th Annual General Meeting is scheduled for August 22, 2026, with the record date fixed as August 14, 2026.

Crest Ventures Limited announced the outcome of its board meeting held on May 22, 2026. The board approved the re-appointment of internal auditors and the designation of a new Chief Information Security Officer (CISO) under Regulation 30 of the SEBI Listing Regulations.

Re-appointment of Internal Auditors

Based on the recommendation of the Audit Committee, the board approved the re-appointment of M/s. Mathur & Co., Chartered Accountants (FRN: 001952C), Mumbai. The firm will serve as the Internal Auditors of the Company for the Financial Year 2026-2027.

M/s. Mathur & Co., established in 1983, is a professionally managed firm with 44 years of experience. The firm specializes in audit, assurance, taxation, advisory, and regulatory services.

Appointment of Chief Information Security Officer

The board designated Mr. Manish Jadhav as the Chief Information Security Officer (CISO) of the Company. This appointment was made based on the recommendation of the Nomination and Remuneration Committee and is in accordance with the RBI Master Direction on Information Technology Governance dated November 07, 2023.

Mr. Jadhav has been identified and designated as Senior Management Personnel. He brings over 23 years of experience in Information Technology, Information Security, and Cyber Security Audit. He has been associated with the Company since 2005.

The board meeting commenced at 04:30 p.m. and concluded at 08:30 p.m. on May 22, 2026.