FLEX FOODS LTD. 'Indian Produce, Global Delight'

May 19, 2026

The BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai- 400001

Scrip Code: 523672

Re. : 1) Audited Financial Results
2) Auditors’ Report on the Quarterly & Year-to-date Financial Results

Subject: Outcome of the Board Meeting and announcements pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘Listing Regulations’)

Dear Sirs,

We wish to inform you that the Board of Directors of the Company, at its meeting held today has:

1) Approved the Audited Financial Results of the Company for the quarter & year ended 31st March, 2026, together with Auditors’ Reports of the Statutory Auditors. Copies of the same are attached as Annexure - ‘A’.

In compliance with the provisions of the Regulation 33(3)(d) of the Listing Regulations, we hereby declare that the Statutory Auditors have issued the Audit Report with unmodified opinion on the Audited Financial Results of the Company for the quarter & year ended 31st March, 2026.

2) The 36th Annual General Meeting of the Company will be held on Thursday, 16th July, 2026 by Video Conferencing (VC)/ Other Audio Visual Means (OAVM) and pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, the Register of Member and Share Transfer Books of the Company will remain closed from Saturday, 11th July, 2026 to Thursday, 16th July, 2026 (both days inclusive) for the purpose of Annual General.

Symbol	Type of Security	Book Closure		Record Date	Purpose
		From	To
523672
(Flex Foods Ltd)	Equity Shares	Saturday, 11th July, 2026	Thursday, 16th July, 2026	10th July, 2026	Annual General Meeting

BRC CERTIFIED COMPANY

Corporate Office: A-108, Sector-IV, Distt. Gautam Budh Nagar, Noida-201301, Uttar Pradesh, India. Ph: 0120 - 4012345

Regd. Office: Lal Tappar Industrial Area, P.O. Resham Majri, Haridwar Road, Dehradun (Uttarakhand)

CIN: L15133UR1990PLC023970, Website: www.flexfoodsltd.com; E-mail ID: [email protected]

FLEX FOODS LTD.
'Indian Produce, Global Delight'

3) Further the Board of Directors of the Company, upon recommendation of the Nomination and Remuneration Committee have approved the following:

a. The re-appointment of Mr. Pradeep Narendra Poddar as an Independent Director of the Company for a second term of five consecutive years commencing from 21st July, 2026 to 20th July, 2031.

b. The appointment of Mr. Paresh Nath Sharma as an Additional Director (Independent) of the Company for the first term of three consecutive years commencing from 19th May, 2026 up to 18th May, 2029.

The Board has recommended the re-appointment of Mr. Pradeep Narendra Poddar and the appointment of Mr. Paresh Nath Sharma, as aforesaid, for the approval of the Shareholders to be obtained by way of Special Resolutions at the ensuing Annual General Meeting of the Company.

The Details, with respect to the said appointments, as required to be disclosed under Regulation 30 of the Listing Regulations read with SEBI Master Circular on LODR as amended, are attached as Annexure - 'B' & 'C'.

The meeting of the Board of Directors commenced at 6:00 P.M. and concluded at 07:00 P.M.

This is for your information and record.

Thanking you,

Yours faithfully,

For FLEX FOODS LIMITED

HIMANSHU LUTHRA
Digitally signed by HIMANSHU LUTHRA
Date: 2026.05.19 19:24:01 +05'30'

(HIMANSHU LUTHRA)
Company Secretary

Encl : As above

BRC CERTIFIED COMPANY

Corporate Office: A-108, Sector-IV, Distt. Gautam Budh Nagar, Noida-201301, Uttar Pradesh, India. Ph: 0120 - 4012345

Regd. Office: Lal Tappar Industrial Area, P.O. Resham Majri, Haridwar Road, Dehradun (Uttarakhand)

CIN: L15133UR1990PLC023970, Website: www.flexfoodsltd.com; E-mail ID: [email protected]

MJMJ & ASSOCIATES LLP
CHARTERED ACCOUNTANTS
LLPIN - AAH - 1373
Converted From MJMJ & Associates
(Partnership Firm) on 11th November 2016

Auditor's Report on the Quarterly Financial Results and Year to Date Results of Flex Foods Limited("The Company") pursuant to the Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

The Board of Directors of

Flex Foods Limited,

Opinion

We have audited the accompanying statement of financial results of M/sFlex Foods Limited("the Company") for the quarter and year ended March 31, 2026 ('the 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 ('the Regulation'), read with SEBI Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016 ('the Circular').

In our opinion and to the best of our information and according to the explanations given to us, these quarterly financial results as well as the year to date results:

i. are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016, in this regard; and
ii. give a true and fair view of the net loss including other comprehensive income and other financial information of the Company for the quarter and year ended March 31, 2026.

Basis of Opinion

We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatements. An audit includes examining, on a test basis, evidence supporting the amounts disclosed in financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion.

B-22, Sector-4, Noida, Uttar Pradesh-201301

Mob. No.: +91-9811293351, Email ID : [email protected]

Management's Responsibilities for the Financial Results

The Statement has been prepared on the basis of the annual financial statements. The Board of Directors of the Company are responsible for the preparation and presentation of the Statement that gives a true and fair view of the net loss and other comprehensive income/lossof the Company and other financial information in accordance with the applicable Indian accounting standards prescribed under Section 133 of the Act read with relevant rules issued thereunder 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 the 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 Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the Statement, 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 respective Board of Directors of the companies are also responsible for overseeing the financial reporting process of the Company.

Auditors Responsibilities for the Audit of Financial Results

Our objectives are to obtain reasonable assurance about whether the financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an audit 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 SA’s 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 results.

As a part of audit in accordance with SA’s we exercise professional judgement and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the Financial Results 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 from one resulting from error as Fraud may involve collusion, forgery, intentional omissions or the override of internal controls.
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 this Act, we are also responsible for expressing our opinion on whether the company has adequate

internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.

Evaluate the appropriateness of the accounting policies used and the reasonableness of accounting estimates and related Disclosures made by the Directors.
Conclude on the appropriateness of the Board of Directors 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 Auditors report to the related disclosures in the financial results or, if such disclosures are inadequate, or to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report.
Evaluate the overall presentation structure and content of the financial results including the disclosures and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those changed 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 audits.
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

Further, we report that the figures for the quarter ended March 31, 2026 represent the derived figures between the audited figures in respect of the financial year ended March 31, 2026 and the published year-to-date figures up to December 31, 2025 being the date of the end of the third quarter of the current financial year, which were subjected to a limited review, as required under the Regulation and the Circular.

For MJMJ & Associates LLP

Chartered Accountants

Firm Registration No.027706N/C400013

Place: Noida

Date: 19.05.2026

Udin No.- 26510945GFKGVD1591

FLEX FOODS LIMITED
BALANCESHEET AS AT 31ST MARCH, 2026
(Rs. in Lacs)

| S. No. | Particulars | As at
31st March,2026
(AUDITED) | As at
31st March,2025
(AUDITED) |
| --- | --- | --- | --- |
| I | ASSETS | | |
| 1 | Non-Current Assets | | |
| a) | Property, Plant and Equipment | 24397 | 25664 |
| b) | Capital work-in-progress | 24 | 13 |
| c) | Investment Property | 0 | 1 |
| d) | Intangible assets | | |
| e) | Right of Use Assets | 181 | 272 |
| f) | Intangible Assets under Development | 50 | 38 |
| g) | Financial assets | | |
| i) | Other financial assets | 381 | 349 |
| h) | Deferred Tax Assets(Net) | 2816 | 1782 |
| i) | Other Non-Current Assets | 0 | 1 |
| Total Non-Current Assets | | 27849 | 28120 |
| 2 | Current Assets | | |
| a) | Inventories | 5034 | 4566 |
| b) | Biological Asset | 46 | 53 |
| c) | Financial assets | | |
| i) | Trade Receivables | 5220 | 3924 |
| ii) | Cash and Cash Equivalents | 178 | 121 |
| iii) | Bank Balances other than (ii) above | 19 | 48 |
| iv) | Loans | 2 | 5 |
| v) | Other financial assets | 6 | 13 |
| d) | Current Tax Assets (Net) | 4 | 5 |
| e) | Other Current Assets | 2437 | 1989 |
| f) | Assets Classified as held for sale | 1 | |
| Total Current Assets | | 12947 | 10724 |
| TOTAL ASSETS | | 40796 | 38844 |
| II | EQUITY AND LIABILITIES | | |
| Equity | | | |
| a) | Equity Share Capital | 1245 | 1245 |
| b) | Other equity | -323 | 2935 |
| Total Equity | | 922 | 4180 |
| Liabilities | | | |
| 1 | Non-current liabilities | | |
| a) | Deferred Government Grants | 119 | 138 |
| b) | Financial liabilities | | |
| i) | Borrowings | 21383 | 20324 |
| ii) | Lease Liabilities | 39 | 87 |
| c) | Provisions | 175 | 170 |
| Total Non-current liabilities | | 21716 | 20719 |
| 2 | Current Liabilities | | |
| a) | Financial liabilities | | |
| i) | Borrowings | 9282 | 7583 |
| ii) | Lease Liabilities | 51 | 48 |
| iii) | Trade Payables | | |
| Total Outstanding dues of micro enterprises and small enterprises | | 957 | 1208 |
| Total Outstanding dues of creditors other than micro enterprises and small enterprises | | 3233 | 1833 |
| iv) | Other financial Liabilities | 3198 | 1953 |
| b) | Other current liabilities | 867 | 742 |
| c) | Provisions | 570 | 578 |
| d) | Current tax liabilities(Net) | | |
| Total Current liabilities | | 18158 | 13945 |
| TOTAL EQUITY AND LIABILITIES | | 40796 | 38844 |

Place:-Noida
Dated:-19th May, 2026
For MJMJ & Associates LLP
Chartered Accountants
Firm Registration No 027706N/C400013
U.P.
Manish Jain
Partner
Membership No. 510945
Odin No-26510945GFKGVD1591

STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH, 2026

(Rs. in Lacs)

| S.NO. | PARTICULARS | Quarter ended
31st March,2026 | Year Ended
31st March,2026 |
| --- | --- | --- | --- |
| 1 | Income | | |
| | a) Revenue from Operations | | |
| | 1) Net Sales/Income from operations | 5575 | 19005 |
| | 2) Other Operating income | 53 | 184 |
| | Total Revenue from operation (1+2) | 5628 | 19189 |
| | b) Other Income | 41 | 98 |
| | Total Income(a+b) | 5669 | 19287 |
| 2 | Expenses | | |
| | (a) Cost of materials consumed | 1606 | 6150 |
| | (b) Purchase of stock-in-trade | 3 | 12 |
| | (c) Changes in inventories of finished goods, work-in-progress and stock-in-trade | (229) | -593 |
| | (d) Changes in inventory of Biological Asset | 3 | 7 |
| | (e) Gain from Change in Fair Value of Biological Assets | 0 | (14) |
| | (f) Power & Fuel | 1060 | 3756 |
| | (g) Employee Benefit Expenses | 734 | 2880 |
| | (h) Finance costs | 596 | 2543 |
| | (i) Depreciation and Amortisation Expenses | 435 | 1771 |
| | (j) Other Expenses | 1769 | 6987 |
| | Total Expenses | 5977 | 23499 |
| 3 | Profit/(Loss) from operations before exceptional items and Tax (1-2) | (308) | (4212) |
| 4 | Exceptional items | | |
| 5 | Profit / (Loss) before Tax (3+4) | (308) | (4212) |
| 6 | Tax Expenses | (59) | (1033) |
| 7 | Net Profit/(Loss) after tax (5-6) | (249) | (3179) |
| 8 | Other comprehensive Income (net of Income tax) | | |
| | a) Item that will not be reclassified to profit & loss account | -17 | -17 |
| | b) Item that will be reclassified to profit or loss account | | |
| 9 | Total comprehensive Income for the period (7+8) | (266) | (3196) |
| 10 | Paid-up equity share capital (Face Value Rs.10) | 1245 | 1245 |
| 11 | Other equity excluding revaluation reserves as per Balance Sheet | | -323 |
| 12 | Earnings per share of Rs.10(In Rs.) (not annualised) | | |
| | a) Basic | (2.00) | (25.54) |
| | b) Diluted | (2.00) | (25.54) |

Notes:
1. Segment reporting is not applicable as there is only one reportable segment.
2. Figures for previous periods have been regrouped / rearranged wherever considered necessary.
3. The Figures for the quarter ended 31st March, 2026 are the balancing figures between the audited figures in respect of full financial year & the unaudited published year to date figures up to the third quarter of the relevant financial year.
4. In terms of SEBI Circular CIR/CFD/CMD/56/2016 dated May 27, 2016, the Company hereby declares that the auditor has issued audit report with unmodified opinion on annual audited financial results for the year ended March 31, 2026.
5. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the company at their meeting held on 19th May, 2026.
6. The financial results of the company for the year ended 31st March 2026 has been audited by the statutory auditors.
7. "Other expenses" in the Audited Financial Results includes exchange gain/Loss on Foreign currency Transaction/Outstandings as under :- (Rs. in Lakhs)

| PARTICULARS | Quarter ended
31st March,2026 | Year Ended
31st March,2026 |
| --- | --- | --- |
| Other expenses | 276 | 1639 |

This is the statement of Audited Financial Results Referred to in our report of even date attached

For MJMJ & Associates LLP

Chartered Accountants

Firm Registration No 027706N/C400013

Place:- Noida

Dated:- 19th May, 2026

Manish Jain

Partner

Membership No. 510945

Uda No-26510945GFKGVD1591

FLEX FOODS LIMITED

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31st MARCH, 2026

(Rs. in Lacs)

| Particulars | For the Year Ended
31.03.2026 (Audited) | For the Year Ended
31.03.2025 (Audited) |
| --- | --- | --- |
| CASH FLOW FROM OPERATING ACTIVITIES | | |
| Net Profit before tax | (4212) | (4320) |
| Adjustments for : | | |
| Depreciation and Amortization | 1771 | 1666 |
| Deferred Income on Capital Subsidy | (19) | (20) |
| Interest expenses | 2543 | 2280 |
| Provision for doubtful debts | 3 | 1 |
| Sundry Debit Balances Written Off | 31 | 2 |
| Sundry Credit Balances Written Back | 0 | -2 |
| Loss/(Profit) on Sale of Fixed Assets (Net) | 0 | -1 |
| Interest Income | (28) | (32) |
| Operating Profit before Working Capital Changes | 69 | (426) |
| Adjustments for : | | |
| (Increase)/Decrease in Inventories | -467 | 76 |
| (Increase)/Decrease in Inventories of Biological Asset | 7 | 9 |
| (Increase)/Decrease in Trade Receivables,Current Financial Assets & Other Current Assets | -1767 | 387 |
| (Increase)/Decrease in Non Current Financial Assets & Other Non Current Assets | (31) | (39) |
| Increase/(Decrease) in Trade Payables,Financial Liabilities,Other Liabilities & Current Provisions | 2494 | 1145 |
| Increase/(Decrease) in Non Current Provisions | 4 | 10 |
| Cash Generated From Operating activities | 329 | 1162 |
| Income Tax paid | -1 | 0 |
| Net Cash Generated From Operating Activities | 328 | 1162 |
| CASH FLOW FROM INVESTING ACTIVITIES | | |
| Purchase of Property,Plant & Equipment, Capital Work-In -Progress & Investment Property | (443) | (604) |
| Proceeds from Sale of Property ,Plant & Equipment | 7 | 1 |
| Interest Received | 28 | 32 |
| Net cash used in Investing Activities | (408) | (571) |
| CASH FLOW FROM FINANCING ACTIVITIES | | |
| Proceeds /(Repayment) of Non Current Borrowing (Net) | 1058 | 662 |
| Proceeds/ (Repayment) from Current Borrowing (Net) | 1699 | 1154 |
| Dividend Paid | (62) | (62) |
| Lease Liability | (55) | (54) |
| Interest & Finance charges | (2532) | (2280) |
| Net cash generated from/ (used in) Financing Activities | 108 | (580) |
| Net increase in Cash & Cash Equivalents | 28 | 11 |
| Cash & Cash Equivalents at beginning of the year | 169 | 158 |
| Cash & Cash Equivalents at end of the year # | 197 | 169 |

Includes Rs. 19 lacs (Previous Year Rs.48 lacs) in respect of amount lying in unclaimed dividend account, Demand Deposits more than 3 months, margin money for bank guarantee.

For MJMJ & Associates LLP
Chartered Accountants
Firm Registration No 027706N/C400013

Place:- Noida
DATE :- 19th May'2026

FLEX

FLEX FOODS LTD.

'Endless Produce, Clicked Delight'

FLEX FOODS LIMITED

CIN:L15133UR1990PLC023970

AUDITED FINANCIAL RESULTS

FOR THE QUARTER & YEAR ENDED 31.03.2026

(Rs. in Lacs)
Particulars	Quarter Ended 31.03.2026 (Audited)	Quarter Ended 31.12.2025 (Unaudited)	Quarter Ended 31.03.2025 (Audited)	Year Ended 31.03.2026 (Audited)	Year Ended 31.03.2025 (Audited)
1 Income
a) Revenue from operations
1) Sales / Revenue from operations	5575	4548	4505	19005	14860
2) Other operating income	53	46	46	184	141
Total Revenue from operations (1+2)	5628	4594	4581	19189	15001
b) Other Income	41	12	22	98	38
Total Income (a+b)	5669	4606	4573	19287	15039
2 Expenses
(a) Cost of materials consumed	1606	1429	1328	6150	4602
(b) Purchase of Stock-in-trade	3	4	-	12	10
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade	(229)	125	(112)	(593)	249
(d) Changes in Inventory of Biological Assets	3	40	(3)	7	9
(e) Gain from change in fair value of Biological Assets	-	-	-	(14)	(2)
(f) Power & Fuel	1060	899	837	3756	3004
(g) Employees Benefit Expenses	734	726	649	2880	2723
(h) Finance Cost	596	650	584	2543	2280
(i) Depreciation and amortisation expense	435	447	413	1771	1666
(j) Other expenses	1769	1316	1529	6987	4818
Total expenses	5977	5636	5225	23499	19359
3 Profit / (Loss) before exceptional items (1-2)	(308)	(1030)	(652)	(4212)	(4320)
4 Exceptional items	-	-	-	-	-
5 Profit / (Loss) before tax (3+4)	(308)	(1030)	(652)	(4212)	(4320)
6 Tax expense	(59)	(244)	(128)	(1033)	(1070)
7 Net profit / (Loss) after tax (5-6)	(249)	(786)	(524)	(3179)	(3250)
8 Other Comprehensive Income (net of Income tax)
a) Items that will not be reclassified to profit & loss account	(17)	-	(33)	(17)	(33)
b) Items that will be reclassified to profit & loss account	-	-	-	-	-
9 Total Comprehensive Income for the period (7+8)	(266)	(786)	(557)	(3196)	(3283)
10 Paid-up equity share capital (Face Value Rs. 10)	1245	1245	1245	1245	1245
11 Other equity excluding revaluation reserves				(323)	2935
12 Earning per share of Rs. 10 (in Rs.) (not annualised)
a) Basic	(2.00)	(6.31)	(4.20)	(25.54)	(26.10)
b) Diluted	(2.00)	(6.31)	(4.20)	(25.54)	(26.10)

FLEX FOODS LTD.

FLEX FOODS LIMITED

FIN:L15133UR1990PLC023970

STATEMENT OF ASSETS AND LIABILITIES AS AT 31.03.2026

(Rs. in Lacs)

| Particulars | As At
31.03.2026
(Audited) | As At
31.03.2025
(Audited) |
| --- | --- | --- |
| I ASSETS | | |
| 1 Non-Current Assets | | |
| a) Property,Plant and equipment | 24397 | 25664 |
| b) Capital work-in-progress | 24 | 13 |
| c) Investment Property | - | 1 |
| d) Intangible Assets | - | - |
| e) Right of Use Assets | 181 | 272 |
| f) Intangible Assets under development | 50 | 38 |
| g) Financial assets | - | - |
| - Other financial assets | 381 | 349 |
| h) Deferred Tax Assets (Net) | 2816 | 1782 |
| i) Other non current assets | - | - |
| Total Non-Current Assets | 27849 | 28120 |
| 2 Current Assets | | |
| a) Inventories | 5034 | 4566 |
| b) Biological Asset | 46 | 53 |
| c) Financial assets | - | - |
| i) Trade Receivables | 5220 | 3924 |
| ii) Cash and Cash Equivalents | 178 | 121 |
| iii) Bank Balances other than (ii) above | 19 | 48 |
| iv) Loans | 2 | 5 |
| v) Other financial assets | 6 | 13 |
| d) Current Tax Assets (Net) | 4 | 5 |
| e) Other Current Assets | 2437 | 1989 |
| f) Asset Classified as held for sale | 1 | - |
| Total -Current Assets | 12947 | 10724 |
| TOTAL ASSETS | 40796 | 38844 |
| II EQUITY AND LIABILITIES | | |
| Equity | | |
| a) Equity share capital | 1245 | 1245 |
| b) Other equity | (323) | 2935 |
| Total -Equity | 922 | 4180 |
| LIABILITIES | | |
| 1 Non-current liabilities | | |
| a) Deferred Government Grants | 119 | 138 |
| b) Financial liabilities | - | - |
| - Borrowings | 21383 | 20324 |
| - Lease Liabilities | 39 | 87 |
| c) Provisions | 175 | 170 |
| d) Deferred Tax Liabilities (Net) | - | - |
| Total -Non-current liabilities | 21716 | 20719 |
| 2 Current Liabilities | | |
| a) Financial liabilities | - | - |
| i) Borrowings | 9282 | 7583 |
| ii) Lease Liabilities | 51 | 48 |
| iii) Trade Payables | - | - |
| Total outstanding dues of micro enterprises & small enterprises | 957 | 1208 |
| Total outstanding dues of creditors other than micro enterprise and small enterprises | 3233 | 1833 |
| iv) Other financial Liabilities | 3198 | 1953 |
| b) Other current liabilities | 867 | 742 |
| c) Provisions | 570 | 578 |
| d) Current tax liabilities(Net) | - | - |
| Total -Current liabilities | 18158 | 13945 |
| TOTAL EQUITY AND LIABILITIES | 40796 | 38844 |

FLEX FOODS LTD.

FLEX FOODS LIMITED

CIN: L15133UR1990PLC023970

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31.03.2026

(Rs. in Lakhs)

| Particulars | For the Year Ended
31.03.2026 (Audited) | For the Year Ended
31.03.2025 (Audited) |
| --- | --- | --- |
| I CASH FLOW FROM OPERATING ACTIVITIES | | |
| Net Profit before tax | (4212) | (4320) |
| Adjustments for : | | |
| Depreciation and Amortization | 1771 | 1666 |
| Deferred Income on Capital Subsidy | (19) | (20) |
| Exchange Rate Fluctuations (Net) | - | - |
| Interest expenses | 2543 | 2280 |
| Provision for Doubtful Debts | 3 | 1 |
| Sundry Debit Balances Written Off | 31 | 2 |
| Sundry Credit Balances Written Back | - | (2) |
| Loss/(Profit) on Sale Fixed Assets (Net) | - | (1) |
| Interest Income | (28) | (32) |
| Operating Profit before Working Capital Changes | 89 | (426) |
| Adjustments for : | | |
| (Increase)/Decrease in Inventories | (467) | 76 |
| (Increase)/Decrease in Inventories of Biological Asset | 7 | 9 |
| (Increase)/Decrease in Trade Receivables,Current Financial Assets & Other Current Assets | (1767) | 387 |
| (Increase)/Decrease in Non Current Financial Assets & Other Non Current Assets | (31) | (39) |
| Increase/(Decrease) in Trade Payables,Financial Liabilities,Other Liabilities & Current Provisions | 2494 | 1145 |
| Increase/(Decrease) in Non Current Provisions | 4 | 10 |
| | 329 | 1162 |
| Cash Generated From Operating activities | | |
| Income Tax paid | (1) | - |
| Exchange Rate Fluctuations (Net) | - | - |
| Net Cash Generated From Operating Activities | 328 | 1162 |
| II CASH FLOW FROM INVESTING ACTIVITIES | | |
| Purchase of Property,Plant & Equipment, Capital Work-In -Progress & Investment property & Intangible assets under development | (443) | (604) |
| Proceeds from Sale of Property ,Plant & Equipment | 7 | 1 |
| Interest Received | 28 | 32 |
| Net cash used in Investing Activities | (408) | (571) |
| III CASH FLOW FROM FINANCING ACTIVITIES | | |
| Proceeds /(Repayment) of non Current Borrowing (Net) | 1058 | 662 |
| Proceeds / (Repayment) from Current Borrowing (Net) | 1699 | 1154 |
| Dividend Paid | (62) | (62) |
| Lease Liability | (55) | (54) |
| Interest & Finance charges | (2532) | (2280) |
| Net cash generated from / (used in) Financing Activities | 108 | (580) |
| Net increase/(decrease) in Cash & Cash Equivalents | 28 | 11 |
| Cash & Cash Equivalents at beginning of the year | 169 | 158 |
| Cash & Cash Equivalents at end of the year # | 197 | 169 |

Note:-

Includes Rs.19 lacs (Previous period Rs.48 lacs) in respect of amount lying in unclaimed dividend account, Demand Deposits more than 3 months, margin money for bank guarantee and letter of credit.

FLEX

FLEX FOODS LTD.

"Fridium Proefuum, Clinical Delights"

FLEX FOODS LIMITED

CIN:L15133UR1990PLC023970

AUDITED FINANCIAL RESULTS

FOR THE QUARTER & YEAR ENDED 31.03.2026

Notes:

Segment reporting is not applicable as there is only one reportable segment.
Figures for previous periods have been regrouped / rearranged wherever considered necessary.
The figures for the quarter ended 31st March, 2025 and 31st March 2026 are the balancing figures between the audited figures in respect of full financial year & the unaudited published year to date figures up to the third quarter of the relevant financial year.
In terms of SEBI Circular CIR/CFD/CMD/56/2016 dated May 27, 2016, the Company hereby declares that the auditor has issued audit report with unmodified opinion on annual audited financial results for the year ended March 31, 2026.
"Other expenses" in the Audited/ Unaudited Financial Results includes Exchange (Gain)/ Loss on Foreign currency Transaction/Outstandings as under :-

Particulars	Quarter ended 31.03.2026 (Audited)	Quarter ended 31.12.2025 (Unaudited)	Quarter ended 31.03.2025 (Audited)	Year ended 31.03.2026 (Audited)	Year ended 31.03.2025 (Audited)
Other expenses	276	3	326	1639	262

The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the company at their meeting held on 19th May, 2026.
The financial results of the company for the year ended 31st March 2026 has been audited by the statutory auditors.

Place : NOIDA
Date : 19.05.2026

FLEX FOODS LTD. 'Indian Produce, Global Delight'

Annexure – 'B'

Re-appointment of Mr. Pradeep Narendra Poddar, as an Independent Director of Flex Foods Limited

Sl. No.	Description	Detail(s)
1.	Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise	Re-appointment of Mr. Pradeep Narendra Poddar (DIN: 00025199) as an Independent Director, subject to the approval of the Shareholders.
2.	Date of appointment / re-appointment / cessation (as applicable) & term of appointment/re-appointment	The Board of Directors have approved and recommended to the Shareholders, the re-appointment of Mr. Pradeep Narendra Poddar as an Independent, Non-Executive Director.

Term of Appointment:
Second term of Five Consecutive years commencing from 21st July, 2026 to 20th July, 2031 (both days inclusive), subject to approval of shareholders. |
| 3. | Brief profile (in case of appointment) | Mr. Poddar is a Chemical Engineer from UDCT Mumbai, 1976 and holds a PGDM (MBA) from IIM, Ahmedabad in 1978. A veteran of the consumer goods industry, he groomed himself as a fast-track executive in Glaxo Foods, Heinz and Tata. Mr. Poddar was awarded the prestigious Udyog Ratna award by the Karnataka Government and Wisitex Foundation in 2001 for his distinguished contribution to the food industry. He led the Tata Group’s Global foray into healthy beverages across the world, representing the Tata’s on the Boards of Nourishco, the JV with Pepsico and the Rising Beverage Company (Activate Beverages led by Michael Eisner) in Los Angeles (USA). He has played a strategic role on the Boards of Welspun, Uflex Ltd. and as Chairman of United Way Mumbai. Currently, he is the Chairman (Non-Executive Independent Director) of Tasty Bite Eatables Ltd. He has in the past led the American Chamber of Commerce Bombay Chapter and help further the Trade relations with the US. |
| 4. | Disclosure of relationships between directors (in case of appointment of a director) | Not related to any of the Directors of the Company |

Further, based on the declaration received from Mr. Pradeep Narendra Poddar, we hereby inform that he is not debarred from holding the Office of Director by virtue of any order passed by SEBI or any

BRC CERTIFIED COMPANY

Corporate Office: A-108, Sector-IV, Distt. Gautam Budh Nagar, Noida-201301, Uttar Pradesh, India. Ph: 0120 - 4012345

Regd. Office: Lal Tappar Industrial Area, P.O. Resham Majri, Haridwar Road, Dehradun (Uttarakhand)

CIN: L15133UR1990PLC023970, Website: www.flexfoodsltd.com; E-mail ID: [email protected]

FLEX FOODS LTD. "Indian Produce, Global Delight"

other such authority and therefore, he is not disqualified to be re-appointed as an Independent Director for his second term of five consecutive years.

Annexure – ‘C’

Appointment of Mr. Paresh Nath Sharma, as an Independent Director of Flex Foods Limited

Sl. No.	Description	Detail(s)
1.	Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise	Appointment of Mr. Paresh Nath Sharma (DIN: 00023625) as an Independent Director, subject to the approval of the Shareholders.
2.	Date of appointment/re-appointment/cessation (as applicable) & term of appointment/re-appointment	The Board of Directors have approved and recommended to the Shareholders, the appointment of Mr. Mr. Paresh Nath Sharma as an Independent Director (Additional Director), Non-Executive Director.

Term of Appointment:
First term of three consecutive years commencing from 19^{th} May, 2026 to 18^{th} May, 2029 (both days inclusive), subject to approval of shareholders. |
| 3. | Brief profile (in case of appointment) | Mr. Paresh Nath Sharma is a Science Graduate and Fellow Member of the Institute of Chartered Accountants of India and done Senior Management Course at Henley Management College, UK. He has experience of about four and half decades in the field of finance, audit, export, personnel & administration in different organizations such as Sir Ganga Ram Hospital, MMTC Limited, Airport Authority of India, National Small Industries Corporation Limited, Punjab State Civil Supplies Corporation Limited etc. |
| 4. | Disclosure of relationships between directors (in case of appointment of a director) | Not related to any of the Directors of the Company |

Further, based on the declaration received from Mr. Paresh Nath Sharma, we hereby inform that he is not debarred from holding the Office of Director by virtue of any order passed by SEBI or any other such authority and therefore, he is not disqualified to be appointed as an Independent Director for his first term of three consecutive years.

BRC CERTIFIED COMPANY

Corporate Office: A-108, Sector-IV, Distt. Gautam Budh Nagar, Noida-201301, Uttar Pradesh, India. Ph: 0120 - 4012345

Regd. Office: Lal Tappar Industrial Area, P.O. Resham Majri, Haridwar Road, Dehradun (Uttarakhand)

CIN: L15133UR1990PLC023970, Website: www.flexfoodsltd.com; E-mail ID: [email protected]

AI assistant

Flex Foods Ltd. Audit Report / Information 2026

62661_rns_2026-05-19_b6a99b43-fa26-42e4-a734-16317450ff5d.pdf

Opinion

Basis of Opinion

Management's Responsibilities for the Financial Results

Auditors Responsibilities for the Audit of Financial Results

Other matters

Includes Rs. 19 lacs (Previous Year Rs.48 lacs) in respect of amount lying in unclaimed dividend account, Demand Deposits more than 3 months, margin money for bank guarantee.

STATEMENT OF ASSETS AND LIABILITIES AS AT 31.03.2026

Includes Rs.19 lacs (Previous period Rs.48 lacs) in respect of amount lying in unclaimed dividend account, Demand Deposits more than 3 months, margin money for bank guarantee and letter of credit.

Notes:

AI assistant

Flex Foods Ltd. — Audit Report / Information 2026

62661_rns_2026-05-19_b6a99b43-fa26-42e4-a734-16317450ff5d.pdf

Opinion

Basis of Opinion

Management's Responsibilities for the Financial Results

Auditors Responsibilities for the Audit of Financial Results

Other matters

Includes Rs. 19 lacs (Previous Year Rs.48 lacs) in respect of amount lying in unclaimed dividend account, Demand Deposits more than 3 months, margin money for bank guarantee.

STATEMENT OF ASSETS AND LIABILITIES AS AT 31.03.2026

Includes Rs.19 lacs (Previous period Rs.48 lacs) in respect of amount lying in unclaimed dividend account, Demand Deposits more than 3 months, margin money for bank guarantee and letter of credit.

Notes:

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Flex Foods Ltd. Audit Report / Information 2026