Mahan Industries Limited has shifted its registered office within the local limits of Ahmedabad city to facilitate the expansion of its operations and better accommodate growing administrative requirements. The board of directors approved the move during its meeting held on June 26, 2026, with the change becoming effective on the same day.

The decision was taken to provide a larger and more modern workspace for the company. The new address is located within the same building complex as the previous office, ensuring continuity while meeting the company's operational needs.

The following table outlines the change in address:

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting, which commenced at 12.20 p.m. and concluded at 1.00 p.m., was chaired by Director Nishil Shah.

Mahan Industries Limited returned to profitability in the financial year ended March 31, 2026, posting a net profit of ₹4.61 crore compared to a net loss of ₹13.69 crore in the previous year. The company's total revenue from operations surged to ₹624.31 crore, up from ₹216.23 crore in FY25, driven primarily by a significant increase in the sale of shares. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

The statutory auditors, M/s. SDPM & Co., issued an audit report with an unmodified opinion on the standalone audited financial results. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee prior to Board approval. For the quarter ended March 31, 2026, the company reported a net profit of ₹21.10 lakh, a turnaround from the net loss of ₹18.54 lakh recorded in the corresponding quarter of the previous year.

Total income for FY26 stood at ₹625.03 crore, a substantial rise from ₹217.01 crore in the preceding year. Expenses for the year totaled ₹620.42 crore, compared to ₹222.52 crore in FY25. The company's earnings per equity share (basic and diluted) for continuing operations improved to ₹0.10 for FY26 from a loss of ₹0.30 in FY25.

Financial Performance Summary

The company's standalone assets and liabilities as of March 31, 2026, reflected a growth in total assets to ₹1,096.13 lakh from ₹873.63 lakh in the previous year. Financial assets increased to ₹959.26 lakh, largely due to a rise in loans and advances to ₹735.63 lakh. Borrowings also increased significantly to ₹526.74 lakh as of March 31, 2026, from ₹346.66 lakh a year earlier.

Cash flow analysis for the year indicates that net cash generated from operating activities was negative at ₹3.61 lakh, an improvement over the previous year's ₹224.10 lakh outflow. The company utilized ₹174.78 lakh in investing activities, primarily towards loans and advances and investments. Financing activities provided a net inflow of ₹180.08 lakh, driven by proceeds from long-term borrowings. Consequently, cash and cash equivalents at the end of the year stood at ₹2.48 lakh, up from ₹0.80 lakh at the beginning of the year.