Modi Rubber Limited reported a standalone net loss of ₹1,941.32 lacs for the year ended March 31, 2026, compared to a net profit of ₹235.96 lacs in the previous year. The standalone total income for FY26 stood at ₹1,830.68 lacs, a decrease from ₹3,439.63 lacs in FY25, while total expenses increased to ₹3,776.58 lacs from ₹3,134.71 lacs. The company reported a basic and diluted earnings per share (EPS) of (₹7.75) for FY26, compared to ₹0.94 in FY25.

On a consolidated basis, the company reported a net profit of ₹63.97 lacs for FY26, a significant decline from ₹2,046.06 lacs in the previous year. The consolidated total income for FY26 was ₹4,881.23 lacs, slightly higher than ₹4,576.93 lacs in the previous year. The auditors noted that the consolidated results included the share of net profit of two joint ventures whose financial statements were audited by other auditors, and unaudited financial statements of one joint venture and one associate.

Segment Reporting

The company operates across three business segments: real estate services, travel services, and others. For the year ended March 31, 2026, travel services reported the highest segment revenue of ₹2,582.62 lacs, followed by real estate services at ₹468.98 lacs. The travel services segment also reported a segment profit of ₹532.26 lacs, while real estate services reported a profit of ₹304.92 lacs.

Key Financial Metrics

Statutory auditors P N A M & Co. LLP issued an unmodified opinion on the financial results, which were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Audit Committee reviewed the results, and the Board of Directors approved them at a meeting held on May 29, 2026.

Modi Rubber Limited has convened its 313th Board of Directors meeting scheduled for May 29, 2026. The meeting will be held at the Corporate Office located at 4-7/C, DDA Shopping Centre, 4th Floor, New Friends Colony, New Delhi, starting at 12:00 Noon.

The primary agenda of the meeting is to consider and approve the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Along with the financial results, the board will also review the accompanying auditor reports.

Additionally, the directors will review the financial statements of the company's subsidiary and joint venture companies for the year ended March 31, 2026. This review is part of the standard regulatory compliance under SEBI (LODR) Regulations, 2015.

Board Composition

The board comprises key leadership figures and independent directors. The current members include:

Statutory Auditors

The company has appointed Mr. Abhishek Nahta from PNAM & Co, LLP as the Statutory Auditor. The internal audit functions are managed by Mr. J.S.Jassal of JRA & Associates, Chartered Accountants.