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Classic Electricals Ltd. Interim / Quarterly Report 2026
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Interim / Quarterly Report
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CLASSIC ELECTRICALS LIMITED
Reg. Off.: 1301, 13th Floor, Peninsula Business Park, Tower B, Senapati Bapat Marg, Lower Parel (West), Mumbai 400013.
Tel. No. 022-30036565 | Email Id: [email protected] | Website: www.classicelectricals.co.in
CIN: L25209MH1985PLC036049
Date: 29th May, 2026
To,
Corporate Relationship Department,
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort, Mumbai - 400 001.
Scrip Code: 512213
Dear Sir/Madam,
Sub: Outcome of Board Meeting of the Company held on 29th May, 2026.
Ref: Approval of Audited Financial Statements for the quarter and year ended 31st March, 2026.
Pursuant to Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held today i.e. on Friday, 29th May, 2026 has inter-alia considered and approved the following matters and are the same attached within.
- Audited Financial Results for the quarter and year ended on 31st March, 2026.
- Auditors Report on Audited Financial Results for the year ended on 31st March, 2026.
- Declaration in respect of Auditor’s Report with Unmodified Opinion.
- Proposed the reappointment of Mr. Sunil Hirji Shah (DIN: 02775683) as director of the Company who retires by rotation and being eligible offers himself for re-appointment.
- Directors’ report for the year ended 31st March, 2026 and Notice of Annual General Meeting to be held on Thursday, 25th June, 2026.
- The Register of Members will remain closed from Friday, 19th June, 2026 to Thursday, 25th June, 2026 (both the days inclusive) for the purpose of ensuing Annual General Meeting.
- The Annual General Meeting of the Company will be held on Thursday, 25th June, 2026.
The board of directors has not recommended any dividend for financial year ended 31st March, 2026.
In terms of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Financial Results with respect to the above is also being advertised in the newspapers.
The meeting of the Board of Directors Commenced at 10:30 A.M and concluded at 11:15 A.M.
CLASSIC ELECTRICALS LIMITED
Reg. Off.: 1301, 13th Floor, Peninsula Business Park, Tower B, Senapati Bapat Marg, Lower Parel (West), Mumbai 400013.
Tel. No. 022-30036565 | Email Id: [email protected] | Website: www.classicelectricals.co.in
CIN: L25209MH1985PLC036049
We request you to take the above on record and the same be treated as the necessary compliance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Thanking You,
Yours Faithfully,
For CLASSIC ELECTRICALS LIMITED
Rupali
Dhiman
Digitally signed by
Rupali Dhiman
Date: 2026.05.29
11:27:20 +05'30'
RUPALI DHIMAN
COMPANY SECRETARY AND COMPLIANCE OFFICER
CLASSIC ELECTRICALS LIMITED
Reg. Off.: 1301, 13th Floor, Peninsula Business Park, Tower B, Senapati Bapat Marg, Lower Parel (West), Mumbai 400013.
Tel. No. 022-30036565 | Email Id: [email protected] | Website: www.classicelectricals.co.in
CIN: L25209MH1985PLC036049
Date: 29th May, 2026
To,
Corporate Relationship Department,
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort, Mumbai - 400 001.
Scrip Code: 512213
Dear Sir/Madam,
Sub: Declaration pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
In compliance with the provisions of Regulation 33(3)(d) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, We hereby declare that, M/s. A D V & Associates, Statutory Auditors of the Company, have issued an Audit Report with unmodified opinion of the Audited Financial Results of the Company (standalone) for the year ended 31st March, 2026.
Kindly take the above on record.
Thanking You,
Yours Faithfully,
For CLASSIC ELECTRICALS LIMITED
Rupali
Dhiman
Digitally signed by
Rupali Dhiman
Date: 2026.05.29
11:28:39 +05'30'
RUPALI DHIMAN
COMPANY SECRETARY AND COMPLIANCE OFFICER
ADV & ASSOCIATES CHARTERED ACCOUNTANTS
CAD INDIA
807, 14B-Wing, Metroplex
Mindspace Complex, Off Link Road, Malad (West), Mumbai - 400064
Tel: 9998871892
Email: [email protected]
Independent Auditor's Report on Financial Results of Classic Electricals Ltd ("the Company") for Quarter and Year Ended March 31, 2026 Pursuant to the Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
To
The Board of Directors of
Classic Electricals Ltd
Opinion
We have audited the accompanying Statement of quarterly and year to date financial results of Classic Electricals Ltd ('the Company') for the quarter and year ended March 31, 2026, ("Statement"), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").
In our opinion and to the best of our information and according to the explanations given to us, the Statement:
i. is presented in accordance with the requirements of the Listing Regulations in this regard; and
ii. gives a true and fair view in conformity with the applicable Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder, and other accounting principles generally accepted in India, of the net loss, other comprehensive income and other financial information of the Company for quarter ended March 31, 2026 and of the net profit after tax, other comprehensive income and other financial information for the year ended March 31, 2026.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs') specified under section 143(10) of the Act. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ('the ICAI') together with the ethical requirements that are relevant to our audit of the Financial Statements under the provisions of the Act and the rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a basis for our opinion.
Responsibilities of Management and Those Charged with Governance for the Financial Results
The Statement has been prepared on the basis of the annual financial statements and has been approved by the Company's Board of Directors. The Company's Board of Directors are responsible for the preparation and presentation of the Statement that gives a true and fair view of the net loss for the quarter ended March 31, 2026 and net profit for year ended March 31, 2026 and other comprehensive income and other financial information of the Company in accordance with the accounting principles generally accepted in India, including Ind AS prescribed under Section 133 of the Act, read with relevant rules issued there under and other accounting principles generally accepted in India, and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting
frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results that gives a true and fair view and is free from material misstatement, whether due to fraud or error.
In preparing the financial result, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are also responsible for overseeing the Company's financial reporting process.
Auditor's Responsibilities for the Audit of the Financial Results
Our objectives are to obtain reasonable assurance about whether the financial result as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with Standards on Auditing, specified under section 143(10) of the Act, will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial result.
As part of an audit in accordance with the Standards on Auditing, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
-
Identify and assess the risks of material misstatement of the financial result, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the Company has in place adequate internal financial controls with reference to Financial Statements and the operating effectiveness of such controls.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management.
-
Conclude on the appropriateness of the management's and Those Charged with Governance's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
- Evaluate the overall presentation, structure and content of the financial result, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.
Materiality is the magnitude of misstatements in the financial results that, individually or in aggregate makes it probable that the economic decision of a reasonably knowledgeable user of the financial results may be influenced. We consider quantitative materiality and qualitative factors (i) in planning the scope our audit work and in evaluating the results of our work and (ii) to evaluate the effect of any identified misstatements in the financial results.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matters
The financial results include the result for the quarter ended March 31, 2026, being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.
Our opinion is not modified in respect of these matters.
For ADV & Associates
Chartered Accountants
FRN: 128045W
Pratik Kabra
Partner
Membership No.: 611401
Place: Mumbai
Date: May 29, 2026
UDIN: 26611401DSAVLP1531
| CLASSIC ELECTRICALS LIMITED | |
|---|---|
| Statement of Audited Financial Results for the Quarter/ Year Ended 31st March 2026 | |
| (€ in Lacs except per equity share data) | |
| Quarter Ended | |
| Particulars | 31-Mar-26 |
| AUDITED | |
| I | Revenue from Operations |
| Other income | 25.00 |
| Total Revenue | 25.00 |
| Expenses: | |
| II | Employees Benefit |
| Other expenses | 11.64 |
| Finance Cost | 2.60 |
| Depreciation and amortisation Expenses | 0.49 |
| III | Total expenses |
| Profit before exceptional items and tax (I-II) | (3.36) |
| Exceptional Items | - |
| Profit before tax (III-IV) | (3.36) |
| VI | Tax expense: |
| (1) Current tax | 2.303 |
| (2) Mat Entitlement(Credit)/Set off | - |
| (3) Deferred tax (Assets)/Liability | (2.18) |
| VII | (4) Income Tax of Earlier Years |
| Profit for the year (V-VI) | (3.48) |
| VIII | Other Comprehensive Income |
| Items that will not be reclassified to profit or loss | - |
| (i) Measurement of defined employee benefit plans | 0.350 |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | (0.09) |
| B | Items that will not be reclassified to profit or loss |
| (i) Items | - |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | - |
| Other comprehensive Income for the period | 0.26 |
| IX | Total Comprehensive Income for the period (VII+VIII) |
| Paid up share capital (par value ¥10/- each fully paid) | 1,90,55,850 |
| Other Equity | |
| Earnings per Equity share: | |
| (1) Basic (€) | (0.20) |
| (2) Diluted (€) | (0.20) |
Notes:
- The Company does not have different segments and hence segment wise reporting is not applicable to the Company.
- Previous year's figures have been regrouped/rearranged wherever necessary.
- The above financial results were reviewed by the Audit Committee and approved by Board of Directors of the Company at the meeting held on 29th May, 2026
- This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.
- The Ind-AS compliant financial results for the quarter ended March 31, 2026 and March 31, 2025 have not been reviewed or audited by the Auditors and are balancing figures between the audited figures in respect of full financial year and the year to date figures up to third quarter which was subject to limited review by Auditors. However, management have exercised necessary due diligence to ensure that the said financial results provide a true and fair view.
- The Company has estimated and recognized the impact of implementation of the New Labour Codes under Employee benefits expense for the year ended 31 March 2026. Accordingly, the actuarial valuation has resulted in recognition of: 1) Gratuity Defined Benefit Obligation of ¥6.11 Lakhs out of which ¥5.02 lakhs relates to past service cost and 2) Compensated leave obligation of ¥2.40 Lakhs as at 31 March 2026. The Company has recognized the related employee benefit expenses and remeasurement impact in the Statement of Profit and Loss / Other Comprehensive Income, as applicable under Ind AS 19.
FOR CLASSIC ELECTRICALS LIMITED
RAJESH HIRJI SHAH
MANAGING DIRECTOR
DIN No. 00475776
PLACE: MUMBAI
DATED: 29th May 2026
CLASSIC ELECTRICALS LIMITED
BALANCE SHEET AS AT 31ST MARCH 2026
(₹ in Lacs)
| | Particulars | As At
31st March 2026 | As At
31st March 2025 |
| --- | --- | --- | --- |
| I | ASSETS | AUDITED | AUDITED |
| 1 | Non Current Assets | | |
| | (a) Property Plant and Equipment | 20.31 | 20.98 |
| | (b) Investment Property | 9.53 | 10.85 |
| | (c) Deferred tax Assets | 11.80 | 9.16 |
| | (d) Other non current assets | 271.88 | 263.34 |
| 2 | Current Assets | | |
| | (a) Financial assets | | |
| | (i) Cash and cash equivalents | 3.42 | 2.46 |
| | (ii) Loans & Advances | 1,003.11 | 967.48 |
| | (b) Other Current Assets | 0.11 | 0.22 |
| | | 1,006.64 | 970.16 |
| | Total Assets | 1,320.16 | 1,274.49 |
| II | EQUITY AND LIABILITIES | | |
| 1 | Equity | | |
| | (a) Equity Share Capital | 190.56 | 190.56 |
| | (b) Other Equity | 984.38 | 974.05 |
| 2 | Liabilities | | |
| | Non- Current liabilities | 1,174.94 | 1,164.61 |
| | (a) Provisions | 7.68 | - |
| 3 | Current liabilities | | |
| | (a) Borrowings | 131.18 | 104.44 |
| | (b) Other Current liabilities | 5.53 | 5.43 |
| | (c) Provisions | 0.83 | - |
| | | 137.54 | 109.88 |
| | Total Equity and Liabilities | 1,320.16 | 1,274.49 |
FOR CLASSIC ELECTRICALS LIMITED
RAJESH HIRJI SHAH
MANAGING DIRECTOR
DIN No. 00475776
PLACE.: MUMBAI
DATED: 29th May 2026
CLASSIC ELECTRICALS LIMITED
CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2026
(₹ in Lacs)
| PARTICULARS | 2025-2026 | 2024-2025 | |||
|---|---|---|---|---|---|
| A. Cash Flow arising from Operating Activities: | |||||
| Net Profit/(Loss) Before Taxation | 11.81 | (20.20) | |||
| Add/(Less): Interest Paid | 9.71 | 6.05 | |||
| Depreciation Charge | 1.99 | 2.22 | |||
| 11.71 | 8.27 | ||||
| 23.52 | (11.93) | ||||
| Less: Rent Income | 24.00 | 24.00 | |||
| Interest received | 75.69 | 73.57 | |||
| 99.69 | 97.57 | ||||
| Operating Profit before Working Capital Changes | (76.17) | (109.50) | |||
| Adjustment for: | |||||
| (Increase)/Decrease in Loans and Advances | (35.62) | (16.67) | |||
| (Increase)/Decrease in Other Current/Non-Current assets | (8.43) | (19.07) | |||
| Increase/(Decrease) in Current liabilities | 8.25 | 1.34 | |||
| (35.80) | (34.41) | ||||
| Less: Income Tax for the Year | 3.78 | (111.97) | - | (143.90) | |
| 3.78 | - | ||||
| Net Cash inflow/(Outflow) in course of Operating Activities: | (115.75) | (143.90) | |||
| B. Cash Flow Arising from Investing Activities: | |||||
| Adjustment for: | |||||
| Interest received | 75.69 | 73.57 | |||
| Rent Income | 24.00 | 24.00 | |||
| 99.69 | 97.57 | ||||
| Net Cash inflow/(Outflow) in course of Investing Activities: | 99.69 | 97.57 | |||
| C. Cash Flow Arising from Financial Activities: | |||||
| Cash Inflow | |||||
| Borrowings (Net) | 26.74 | 50.43 | |||
| Interest Paid | (9.71) | (6.05) | |||
| 17.02 | 44.37 | ||||
| Net Cash inflow/(Outflow) in course of Financial Activities: | 17.02 | 44.37 | |||
| Net Cash outflow (A+B+C): | 0.96 | (1.96) | |||
| Add: Balance at the beginning of the Year | 2.46 | 4.42 | |||
| Balance at the end of the Year | 3.42 | 2.46 |
FOR CLASSIC ELECTRICALS LIMITED
RAJESH HIRJI SHAH
MANAGING DIRECTOR
DIN No. 00475776
PLACE: MUMBAI
DATED: 29th May 2026