Shelter Infra Projects Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showing a shift to losses in the current fiscal year. The infrastructure company, formerly known as CCAP Limited, reported challenging financial performance with declining profitability across both quarterly and nine-month periods.

Quarterly Financial Performance

The company's third quarter performance reflected operational challenges, with key metrics showing year-over-year deterioration:

The company's total expenses for the quarter amounted to ₹59.08 lakhs compared to ₹64.53 lakhs in the corresponding previous quarter. Despite lower expenses, the reduction in revenue led to operational losses.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, showed a significant decline in overall performance compared to the previous year:

Segment-wise Business Performance

Shelter Infra Projects operates through two primary business segments - construction activities and rental operations. The segment-wise analysis reveals:

Rental Segment:

• Q3 FY26 revenue: ₹53.79 lakhs
• Nine-month FY26 revenue: ₹166.33 lakhs
• Segment result for Q3: ₹18.27 lakhs profit
• Nine-month segment result: ₹52.79 lakhs profit

Construction Activities:

• No revenue generated in Q3 FY26
• Segment showing losses of ₹10.26 lakhs in Q3 and ₹21.70 lakhs for nine months

The rental segment continues to be the primary revenue driver, while construction activities remain dormant with associated costs impacting overall profitability.

Financial Position and Capital Structure

The company maintains a stable capital structure with paid-up equity share capital of ₹357.02 lakhs, consisting of shares with a face value of ₹10 each. Total segment assets stood at ₹3,320.47 lakhs as of December 31, 2025, compared to ₹3,977.57 lakhs in the previous year. Segment liabilities were ₹2,932.74 lakhs, resulting in capital employed of ₹387.73 lakhs.

Operational Highlights

The financial results were approved by the Board of Directors on February 6, 2026, following review by the Audit Committee. The company continues to face challenges related to a cancelled contract with Military Engineering Services (MES), Kolkata Zone, for infrastructure provision at Naval SSB, Diamond Harbour. This matter remains pending in Alipore Court for final resolution.

Employee benefit expenses decreased to ₹7.60 lakhs in Q3 FY26 from ₹10.48 lakhs in the corresponding previous quarter, while general and administrative expenses declined to ₹38.74 lakhs from ₹49.57 lakhs, indicating cost management efforts by the company.

Shelter Infra Projects Limited has announced a board meeting scheduled for February 6, 2026, to consider and approve its unaudited financial results for the third quarter of fiscal year 2026. The company, formerly known as CCAP Limited, will convene the meeting at its registered office to review quarterly performance and comply with regulatory requirements.

Board Meeting Details

The board of directors will convene on Friday, February 6, 2026 at 12:30 P.M. at the company's registered office located at Eternity Building, DN-1, Sector-V, Salt Lake City, Kolkata-700091. The meeting has been designated as the 7th board meeting for the fiscal year 2025-2026.

Key Agenda Items

The primary focus of the board meeting will be to consider and approve the unaudited financial results for the quarter ended December 31, 2025. The comprehensive agenda includes several important items:

• Review and approval of unaudited financial results (provisional) for Q3FY26
• Consideration of intimation under Regulation 32 of SEBI (LODR) Regulations, 2015
• Authentication of previous meeting minutes
• Review of audit committee meeting records

The board will also authorize directors to sign and submit the financial results to stock exchanges as required under Regulation 33 of SEBI (LODR) regulations.

Audit Committee Meeting

Prior to the board meeting, the audit committee will convene on the same day at 1:00 P.M. This represents the 6th audit committee meeting for fiscal year 2025-2026. The committee will review the unaudited financial results and limited review report before recommending approval to the board.

Trading Window Closure

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has implemented a trading window closure for all designated persons and their immediate relatives. The trading window, which was closed on December 10, 2025, will remain closed until 48 hours after the declaration of unaudited financial results for the quarter ended December 31, 2025.

Company Information

Shelter Infra Projects Limited, formerly CCAP Limited, is listed on BSE (Scrip Code: 526839) and The Calcutta Stock Exchange Limited (Scrip Code: 13077). The company operates from its registered office in Kolkata and is incorporated under CIN L45203WB1972PLC028349. The meeting notice was signed by Kamal Kishore Chowdhury, Whole Time Director (DIN: 06742937), on January 30, 2026.