DRS Cargo Movers Limited reported a strong financial turnaround for the full year ended 31st March, 2026, with profit after tax (PAT) rising sharply to Rs 219.35 lakhs compared to Rs 12.25 lakhs in the previous year. The Board of Directors approved the audited financial results at their meeting held on 30th May, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors M/s. M. Anandam & Co., Chartered Accountants, issued an unmodified audit opinion on the results.

Financial Performance Overview

The company's revenue from operations grew to Rs 2,667.60 lakhs in FY26 from Rs 2,384.25 lakhs in FY25. Including other income of Rs 170.37 lakhs (FY25: Rs 39.68 lakhs), total income for FY26 stood at Rs 2,837.97 lakhs against Rs 2,423.93 lakhs in the prior year. Total expenditure was contained at Rs 2,600.59 lakhs versus Rs 2,407.57 lakhs in FY25, resulting in a profit before tax of Rs 237.38 lakhs compared to Rs 16.36 lakhs in FY25.

The following table summarises the key income statement metrics for the full year and the second half year:

Expenditure Breakdown

Key expenditure line items for FY26 compared to FY25 are presented below:

Paid-up equity share capital remained unchanged at Rs 753.12 lakhs across all reported periods.

Segment-Wise Performance

DRS Cargo Movers operates across two business segments: Transportation of Goods and Warehouse. The warehouse segment was the primary profit driver for the year, while the transportation segment continued to report a loss at the pre-tax level.

Total segment assets stood at Rs 6,636.40 lakhs as at 31st March, 2026 (FY25: Rs 6,156.45 lakhs), while total segment liabilities were Rs 4,030.82 lakhs (FY25: Rs 3,770.24 lakhs).

Balance Sheet Highlights

The Statement of Assets and Liabilities as at 31st March, 2026 reflects an increase in total assets to Rs 6,636.40 lakhs from Rs 6,156.45 lakhs as at 31st March, 2025. Key balance sheet items are as follows:

Cash Flow Summary

For the year ended 31st March, 2026, net cash flow from operating activities stood at Rs 274.67 lakhs (FY25: Rs 899.45 lakhs). Net cash used in investing activities was Rs (708.62) lakhs (FY25: Rs (961.75) lakhs), primarily on account of purchase of property, plant and equipment worth Rs (957.78) lakhs. Net cash from financing activities was Rs 434.21 lakhs (FY25: Rs 57.28 lakhs), supported by proceeds from long-term borrowings of Rs 841.70 lakhs. Cash and cash equivalents at the end of the year stood at Rs 7.16 lakhs compared to Rs 6.90 lakhs at the beginning of the year.

Auditor's Opinion and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 30th May, 2026. M/s. M. Anandam & Co., Chartered Accountants (Firm Registration No. 000125S), issued an unmodified audit opinion on the half year and year-to-date financial results pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015. Managing Director Anjani Kumar Agarwal (DIN: 00006982) also issued a declaration confirming the unmodified opinion in compliance with SEBI Circular No. CIR/CFD/CMD/56/2016 dated 27th May, 2016.

drs cargo movers has submitted the Structured Digital Database (SDD) Compliance Certificate for the financial year ended March 31, 2026, to the National Stock Exchange of India Limited. The submission confirms the company's adherence to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The certification validates that the company maintained a non-tamperable database capable of preserving records for 8 years, ensuring the integrity of Unpublished Price Sensitive Information (UPSI).

The certificate, issued by Practising Company Secretary Sravanthi G, verifies that DRS Cargo Movers successfully captured all 12 required events during FY26. The certification confirms that the database includes the nature of UPSI along with precise date and time stamps. The company maintained the system internally with a controlled access framework and an established audit trail to monitor usage.

Sravanthi G confirmed that no non-compliance was observed during the previous quarter or the financial year ended March 31, 2026. The certification attests to the existence of controls regarding who can access the SDD and confirms that all UPSI disseminated in the previous year was recorded. The submission was made in accordance with Regulation 3(5) of the SEBI (PIT) Regulations and NSE Circular No. NSE/CML/31 dated October 18, 2024.

Key Compliance Details