Neelkanth Ltd has revised its list of Key Managerial Personnel (KMP) following the resignation of Ms. Mahima Shah as Company Secretary & Compliance Officer, effective June 20, 2026. The company informed BSE Ltd that the structure of its KMP has changed due to this cessation. The disclosure is pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates the intimation of authorized personnel for determining materiality and making disclosures.

The company designated Mr. Bhavik Bhimjyani, Chairman & Managing Director, and Mr. Ajinkya Gade, Chief Financial Officer, as the present authorized KMPs for these purposes. The contact details provided include the registered office at Nariman Point, Mumbai, and specific communication channels for compliance matters.

The following table outlines the designated Key Managerial Personnel:

The resignation of Ms. Shah was effective from the close of business hours on June 20, 2026. The company has undertaken to arrange for necessary filings and intimations with the Registrar of Companies and the stock exchange as requested by the outgoing officer.

Neelkanth Limited reported a net profit of ₹24.75 lakh for the financial year ended March 31, 2026, a significant increase from ₹0.77 lakh in the prior year, despite a decline in operational revenue. The company's revenue from operations fell to ₹327.99 lakh in FY26 from ₹494.08 lakh in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026.

The statutory auditors, Pathak H. D. & Associates LLP, issued an unmodified opinion on the audited financial results. The total income for the year stood at ₹387.68 lakh, down from ₹495.22 lakh in the previous year. Total expenses for FY26 were reported at ₹344.52 lakh, compared to ₹494.45 lakh in FY25. The company’s basic and diluted earnings per share (EPS) for the year increased to ₹0.57 from ₹0.02 in the previous year.

Financial Performance

The company's financial results for the quarter ended March 31, 2026, showed a net loss of ₹16.97 lakh, contrasting with a profit of ₹22.86 lakh in the same quarter of the previous year. Revenue from operations for the quarter was nil, while other income was recorded at ₹2.98 lakh. Total expenses for the quarter were ₹13.24 lakh.

The following table summarizes the audited financial results for the year ended March 31, 2026:

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹1,099.21 lakh, slightly up from ₹1,011.39 lakh in the previous year. Equity share capital remained constant at ₹435.90 lakh. Total equity increased to ₹983.86 lakh from ₹959.10 lakh. The cash and cash equivalents balance decreased significantly to ₹0.25 lakh from ₹18.38 lakh at the end of the previous year.

The net cash flow from operating activities for the year was negative at ₹34.53 lakh, compared to a positive inflow of ₹84.01 lakh in FY25. The company generated ₹20.00 lakh from investing activities, primarily from the sale of property, plant, and equipment. Financing activities resulted in a net outflow of ₹3.60 lakh.

Segment Reporting

Neelkanth Limited operates in two business segments: Agro products (trading of rice) and Others. The Agro segment reported revenue of ₹327.99 lakh for the year, contributing to the total segment revenue. The segment reported a profit before tax and interest of ₹39.36 lakh. The 'Others' segment recorded no revenue or activity during the year. Assets and liabilities that could not be allocated to specific segments were reported as unallocable.