mauria udyog reported a net profit of ₹239.58 crore for the financial year ended March 31, 2026, accompanied by a qualified opinion from its statutory auditors regarding investment valuations and trade receivables. The board approved the standalone and consolidated audited financial results on May 29, 2026, revealing total income of ₹4,342.39 crore and total expenditure of ₹4,004.80 crore for the year.

NKSC & Co, the statutory auditors, qualified their opinion due to the company's failure to obtain or carry out fair valuation for unquoted equity shares classified as Fair Value Through Other Comprehensive Income (FVTOCI). The auditors noted that the impact of this fair valuation cannot be ascertained. Additionally, the company did not use the expected credit loss model required by Ind AS 109 to assess impairment on trade receivables, though it made a provision of ₹39.24 crore against doubtful debts.

The auditors also emphasized matters concerning disputed trade receivables classified as non-current assets amounting to ₹631.19 crore, net of provisions. Furthermore, they drew attention to an interim order from the Securities and Exchange Board of India (SEBI) dated June 19, 2023, restraining the company from accessing the securities market and directing a deposit of ₹261.97 crore. The management stated it has not recorded a liability for this amount as it believes the order is untenable.

Financial Performance

The company's operational metrics for the year ended March 31, 2026, showed revenue from operations at ₹4,312.88 crore. Finance costs for the period stood at ₹202.80 crore, while depreciation and amortization expenses were ₹144.54 crore. The basic earnings per share for the year was reported at ₹1.80.

Legal and Regulatory Disclosures

The filing disclosed ongoing legal proceedings, including insolvency proceedings initiated against trade receivable M/s Nexus Commosales Private Limited before the National Company Law Tribunal (NCLT), Kolkata Bench. The company also noted a pending case against M/s Udayanchal Leasing & Export Pvt. Ltd. regarding a revoked agreement for a plotted colony project under the DDJAY Scheme. Additionally, the company referenced a Supreme Court order directing the deposit of ₹1,670 crore related to transactions with the Amrapali Group of Companies, against which the company had charged ₹1,500 crore in the financial year 2019-20 but has not provided further liability.

Mauria Udyog Limited has announced that its board meeting is scheduled to be held on Friday, May 29, 2026, at 03:00 P.M. The meeting will take place at the company's works located on Sohna Road, Sector-55, Faridabad-121015, Haryana. The primary agenda for the meeting is to consider, approve, and take on record the audited financial results for the quarter and financial year ended March 31, 2026.

Agenda for the Meeting

The board will deliberate on several key financial documents. This includes the Audited Financial Results of the company for the quarter and financial year ended March 31, 2026. Additionally, the directors will review the Annual Audited Financial Statement, which comprises the Balance Sheet as at March 31, 2026, the Statement of Profit & Loss, and the Cash Flow Statement for the financial year ended on that date, along with the accompanying notes.

The Audit Report on the aforementioned financial results is also listed as an item for consideration during the proceedings.

Trading Window Closure

In compliance with regulatory requirements, the company has informed stakeholders that the trading window for dealing in the securities of the company remains closed for all designated persons. This closure, effective from April 01, 2026, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, will continue until 48 hours after the financial results are made public on May 29, 2026.