Technojet Consultants Limited reported a net loss of ₹10.87 lakh for the financial year ended March 31, 2026, a reversal from the net profit of ₹3.73 lakh recorded in the previous year. The company’s total income for the year stood at ₹3.14 lakh, while total expenses amounted to ₹12.99 lakh. Despite the loss, the Board of Directors has recommended a dividend of ₹87 per equity share of ₹10 each, subject to the approval of shareholders at the 44th Annual General Meeting scheduled for June 19, 2026.

The financial results indicate that the company did not generate revenue from operations during the year under review, compared to ₹12 lakh in the previous year. Other income, which includes interest and profit on the sale of investments, was ₹3.14 lakh. The statement of profit and loss shows a profit before tax of ₹(9.85) lakh, with a tax expense of ₹1.02 lakh relating to an earlier period. The company’s balance sheet reflects total assets of ₹212.16 lakh, with cash and cash equivalents constituting a significant portion at ₹202.95 lakh.

Dividend and AGM Details

The proposed dividend of ₹87 per share will be paid to shareholders whose names appear on the Register of Members as of the record date, June 12, 2026. The register of members will remain closed from June 13, 2026, to June 19, 2026. The Annual General Meeting will be held at the company’s registered office in Mumbai. The notice for the AGM also includes the re-appointment of Director Mr. Jairaj Champaklal Bham, who retires by rotation and is eligible for re-appointment.

Financial Performance

The auditors, M/s. Manek & Associates, stated that the company used accounting software with an audit trail feature throughout the year. The Independent Auditor’s Report highlighted the valuation and sale of equity shares classified as Fair Value Through Other Comprehensive Income (FVTOCI) as a key audit matter. The company sold 48,000 equity shares of INOR Medical Products Limited during the year.

Technojet Consultants Limited held its Board of Directors meeting on May 15, 2026, and approved the audited financial results for the quarter and financial year ended March 31, 2026. The board recommended a final dividend of ₹87 per equity share of ₹10 each and fixed June 19, 2026 as the date for the company's 44th Annual General Meeting (AGM), in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The audited financial results for the year ended March 31, 2026, reflect a decline in revenue and a swing to a net loss compared to the prior year. The company reported nil revenue from operations for the full year, against ₹12.00 lakhs in the previous year. Total income stood at ₹3.14 lakhs, compared to ₹15.25 lakhs in the prior year, driven entirely by other income. Total expenses rose to ₹12.99 lakhs from ₹11.52 lakhs, primarily due to higher employee benefits expense of ₹4.15 lakhs (versus ₹2.80 lakhs) and other expenses of ₹8.83 lakhs (versus ₹8.71 lakhs). A prior period tax charge of ₹1.02 lakhs resulted in a net loss after tax of ₹10.87 lakhs for FY26, against a net profit of ₹3.73 lakhs in FY25.

The following table summarises the key financial metrics across quarters and full-year periods:

Other Comprehensive Income (OCI) of ₹160.52 lakhs, arising from realisation on sale of equity instruments (gross ₹178.52 lakhs, net of income tax of ₹18.00 lakhs), resulted in total comprehensive income of ₹149.65 lakhs for the year.

Balance Sheet Highlights

The company's balance sheet reflects a significant improvement in liquidity. Total assets rose to ₹212.16 lakhs as at March 31, 2026, from ₹62.86 lakhs as at March 31, 2025. Cash and cash equivalents surged to ₹202.95 lakhs from ₹2.00 lakhs, driven by proceeds from the sale of investments. Total shareholders' funds stood at ₹211.38 lakhs, comprising equity share capital of ₹20.00 lakhs and other equity of ₹191.38 lakhs.

Cash Flow Highlights

From a cash flow perspective, the company reported net cash used in operating activities of ₹23.59 lakhs for the year, compared to ₹13.12 lakhs used in the prior year. Net cash generated from investing activities stood at ₹224.55 lakhs, driven primarily by sale of investment measured at FVTOCI of ₹178.52 lakhs and proceeds from sale of mutual funds of ₹216.77 lakhs, partially offset by purchase of mutual funds of ₹215.00 lakhs. There were no financing activities during the year. Overall, cash and cash equivalents increased by ₹200.95 lakhs during the year.

Dividend, Book Closure, and AGM

The Board has recommended a final dividend of ₹87 per equity share of ₹10 each for the financial year ended March 31, 2026, subject to approval at the 44th AGM scheduled for June 19, 2026. The Register of Members and Share Transfer Books will remain closed from June 13, 2026 to June 19, 2026 (both days inclusive) for the purpose of the AGM and determining dividend entitlement. The record date for the AGM and final dividend has been set as June 12, 2026.

Auditor's Report

M/s Manek & Associates, Chartered Accountants (Firm Registration No. 0126679W), issued an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. The audit was conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013. The declaration pursuant to Regulation 33(3)(d) was issued by Bhumika Ojha, Chief Financial Officer of Technojet Consultants Limited, confirming the unmodified audit opinion. It is noted that the financial results for the quarter ended June 30, 2025 and year ended March 31, 2025 were audited by Kalyaniwalla & Mistry LLP, Chartered Accountants, who also issued an unmodified opinion on those results.