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Hit Kit Global Solutions Ltd Interim / Quarterly Report 2026
63345_rns_2026-05-27_0cd38227-e0ac-4af9-80d9-8d1536706353.pdf
Interim / Quarterly Report
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HitKit
Hit Kit Global Solutions Limited
CEN:L70100MH1998PLC049929
Regd. Off.: Unit No.1, Uttam Villa, St.Marry Road, Vileparle (West), Mumbai : 400056.
Tel. No.: 80972 15844 . Email. [email protected]. Website: www.hitkitglobal.com
To,
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400 001.
Scrip code: 532359
Subject: Outcome of Board Meeting
Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that the Board of Directors of the Company at its meeting held today i.e., 27th May, 2026, has inter alia considered and approved the following matters:
Audited Financial Results of the Company for the fourth quarter and financial year ended 31st March, 2026, together with all the notes annexed thereto along with the Auditor Report for the fourth quarter and the year ended 31st March, 2026 prepared in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is attached herewith.
Pursuant to Regulation 33(3)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. We do hereby confirm that the Statutory auditors of the Company, M/s. Ishwarlal & Co., Chartered Accountants have expressed unmodified opinion(s) in its audit report pertaining to the audited financial results for the quarter and year ended 31st March, 2026.
The Audited financial results for the fourth quarter and financial year ended 31st March, 2026 will be made available on the Company's website.
The meeting commenced at 06:10 p.m. and concluded at 07:10 p.m.
Kindly take the same on record.
FOR HIT KIT GLOBAL SOLUTIONS LIMITED
khushb Digitally signed by khushbu
Date: 2026.05.27 19:30:40 +05'30'
(Khushboo Doshi)
Company Secretary & Compliance Officer
Date: 27th May, 2026
Place: Mumbai
HitKit
Hit Kit Global Solutions Limited
CEN:L70100MH1998PLC049929
Regd. Off.: Unit No.1, Uttam Villa, St.Marry Road, Vileparle (West), Mumbai : 400056.
Tel. No.: 80972 15844 . Email. [email protected]. Website: www.hitkitglobal.com
To,
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai- 400001
Scrip code- 532359
Subject: Declaration under Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2016 and SEBI Circular No. CR/CFD/CMD/56/2016 dated May 27, 2016.
Declaration
In compliance with the provisions of Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2016 and SEBI Circular No. CR/CFD/CMD/56/2016 dated May 27, 2016, the Company hereby declares that Ishwarlal & Co., Chartered Accountants, (Firm Registration Number: 103767W), the Statutory Auditors of the Company have issued Audit Report with unmodified opinion on Audited Financial Result of the Company for the financial year ended 31st March, 2026.
Kindly take the same on record.
Thanking you
FOR HIT KIT GLOBAL SOLUTIONS LIMITED
khush bu
Digitally signed
by khushbu
Date: 2026.05.27
19:42:08 +05'30"
(Khushboo Doshi)
Company Secretary & Compliance Officer
Date: 27th May, 2026
Place: Mumbai
CA
ISHWARLAL & CO.
CHARTERED ACCOUNTANTS
Shop No 1, Ground Floor, Trishla Tower, Near SBI Bank,
Vazira Naka, Borivali West, Mumbai - 400 092.
Mob.: 9322263065; Email: [email protected]
INDEPENDENT AUDITOR'S REPORT ON THE AUDIT OF FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS
HIT-KIT GLOBAL SOLUTIONS LIMITED
Opinion
We have audited the accompanying quarterly financial results of HIT-KIT GLOBAL SOLUTIONS LIMITED (“the Company”) for the quarter ended March 31, 2026 (‘the Statement’), and year to date result for the period from 1st April, 2025 to 31st March, 2026, 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 these financial results:
- are presented in accordance with the requirements of Regulation 33 of the Listing Regulations; and
- give a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards (“Ind AS”) and other accounting principles generally accepted in India of the net profit and total comprehensive income and other financial information of the company for the quarter and 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 Companies Act, 2013 (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 together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Companies Act, 2013 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 we have obtained is sufficient and appropriate to provide a basis for our opinion.
Management’s Responsibilities for the Financial Results
These quarterly financial results as well as the year-to-date financial results have been prepared on the basis of the interim financial statements. The Company’s Board of Directors are responsible for the preparation of these financial results that give a true and fair view of the net
CA
ISHWARLAL & CO.
CHARTERED ACCOUNTANTS
Shop No 1, Ground Floor, Trishla Tower, Near SBI Bank,
Vazira Naka, Borivali West, Mumbai - 400 092.
Mob.: 9322263065; Email: [email protected]
profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, 'Interim Financial Reporting' 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 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 give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the financial results, 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 results as a whole are 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 SAs 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 this Statement.
As part of an audit in accordance with SAs, we exercise professional judgment 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 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,
CA
ISHWARLAL & CO.
CHARTERED ACCOUNTANTS
Shop No 1, Ground Floor, Trishla Tower, Near SBI Bank,
Vazira Naka, Borivali West, Mumbai - 400 092.
Mob.: 9322263065; Email: [email protected]
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 accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of 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 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 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 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 Matter
-
The annual financial results dealt with by this report have been prepared for the express purpose of filing with stock exchanges. These results are based on and should be read with the audited financial statements of the Company for the year ended March 31, 2026 on which we have issued an unmodified audit opinion vide our report dated 27th May, 2026.
-
The Statement includes the Standalone financial results for the quarter ended March 31, 2026 being the balancing figure between the audited figures in respect of the full financial and the published unaudited year to date figures up to the third quarter of the current financial year prepared in accordance with the recognition and measurement principles laid down under Indian Accounting Standard 34 'Interim Financial Reporting', compiled by the management of the Company, which were subject to limited review by us.
CA
ISHWARLAL & CO.
CHARTERED ACCOUNTANTS
Shop No 1, Ground Floor, Trishla Tower, Near SBI Bank,
Vazira Naka, Borivali West, Mumbai - 400 092.
Mob.: 9322263065; Email: [email protected]
Our opinion is not modified in respect of the above matter
For Ishwarlal & Co.
Chartered Accountants
Firm Registration No.: 103767W
Membership No.: 031179
Place : Mumbai
Date : 27th May, 2026
UDIN : 26031179KREBJQ9796
Hit Kit Global Solutions Ltd
Balance Sheet as at 31 March 2026
(Amount in Lacs)
| Particulars | Note No. | As at 31 March 2026 | As at 31 March 2025 |
|---|---|---|---|
| Assets | |||
| Non-current assets | |||
| Property, Plant and Equipment | 2 | 493.37 | 493.37 |
| Capital work-in-progress | 3 | 655.63 | 590.63 |
| Financial Assets | |||
| Loans | |||
| Deferred tax assets (net) | 4 | 3.35 | 3.35 |
| Other non-current assets | 5 | 73.50 | |
| Current assets | |||
| Financial Assets | - | ||
| Trade receivables | 6 | 59.27 | 56.89 |
| Cash and cash equivalents | 7 | 7.74 | 24.67 |
| Other current assets | 8 | 32.87 | 14.46 |
| Total Assets | 1,325.72 | 1,183.36 | |
| Equity and Liabilities | |||
| Equity | |||
| Equity Share capital | 9 | 1,078.00 | 928.00 |
| Convertible Warrants | - | 37.50 | |
| Other Equity | 10 | 212.51 | 203.47 |
| Liabilities | |||
| Non-current liabilities | |||
| Other non-current liabilities | - | ||
| Current liabilities | |||
| Financial Liabilities | |||
| Borrowings | 11 | 0.25 | - |
| Trade Payables:- | |||
| Total outstanding dues of micro enterprises and small enterprises; and | 12 | ||
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 25.29 | 7.49 | |
| Other financial liabilities | |||
| Other current liabilities | 13 | 7.48 | 1.72 |
| Short Term Provisions | 14 | 2.20 | 5.18 |
| Total Equity and Liabilities | 1,325.72 | 1,183.36 |
For Hit Kit Global Solutions Ltd
(CIN: L70100MH1988PLC049929)
Date: 27.05.2026
Place: Mumbai
Managing Director
DIN: 07646000
HIT KIT GLOBAL SOLUTIONS LTD
(CIN: L70100MH1988PLC049929)
Regd(O): Unit No.1, Uttam Villa, Ground Floor, Saint Mary Road, Vileparle West, Mumbai: 400056.
Email: [email protected] Website: hitkitglobal.com
STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED ON MARCH 31, 2026
(Amount in Lacs)
| Particulars | Quarter Ended | Year Ended | |||
|---|---|---|---|---|---|
| 31.03.2026 | 31.12.2025 | 31.03.2025 | 31.03.2026 | 31.03.2025 | |
| Audited | Unaudited | Audited | Audited | Audited | |
| I. Income | |||||
| Revenue from Operations | 36.56 | 26.41 | 9.91 | 103.08 | 84.24 |
| Other Income | 6.00 | - | - | 6.00 | 19.06 |
| Total Income | 42.56 | 26.41 | 9.91 | 109.08 | 103.30 |
| II. Expenses | |||||
| Cost of Materials Consumed | - | - | - | - | - |
| Purchase of stock in trade | 32.04 | 18.05 | 7.75 | 69.14 | 28.72 |
| Changes in Inventories of Finished Goods, Work-in- Progress and Stock-in-Trade | - | - | - | 0.00 | - |
| Employee Benefits Expense | 1.89 | 2.05 | 1.74 | 8.04 | 7.17 |
| Finance costs | 0.11 | 0.15 | 0.00 | 0.28 | 0.04 |
| Depreciation, Amortisation and Depletion Expenses | - | - | - | 0.00 | - |
| Other Expenses | 5.85 | 4.78 | 24.31 | 23.16 | 47.45 |
| Total Expenses | 39.89 | 25.03 | 33.80 | 100.62 | 83.39 |
| III. Profit / (Loss) before exceptional items and tax | 2.67 | 1.38 | (23.89) | 8.46 | 19.92 |
| IV. Exceptional item | - | - | 240.02 | - | 240.02 |
| V. Profit before Tax | 2.67 | 1.38 | 216.13 | 8.46 | 259.94 |
| VI. Tax Expense | |||||
| - Current Tax | 0.69 | 0.36 | 5.18 | 2.20 | 5.18 |
| - Short / (Excess) provision of Previous Year | (2.77) | - | - | (2.77) | - |
| - Deferred Tax | - | - | - | - | - |
| VII. Profit for the Period | 4.75 | 1.02 | 210.95 | 9.03 | 254.76 |
| Other comprehensive income (after tax) | - | - | - | - | - |
| Total Comprehensive Income for the Period | 4.75 | 1.02 | 210.95 | 9.03 | 254.76 |
| Paid up Equity Share Capital (Face Value Rs. 2/- Each) | 1,078.00 | 1,078.00 | 928.00 | 1,078.00 | 928.00 |
| Other Equity | - | - | - | - | 203.47 |
| Earnings per Equity Share (Face Value Rs. 2) (Not annualised) | - | - | - | - | - |
| (a) Basic | 0.0088 | 0.0019 | 0.4356 | 0.0168 | 0.5491 |
| (b) Diluted | 0.0088 | 0.0019 | 0.4356 | 0.0168 | 0.5491 |
Notes
1 The Audited financial results for the 4th quarter & year ended 31st March, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 27th May, 2026. The Statutory Auditors have expressed an unmodified audit opinion. The Financial Results are prepared in accordance with Companies (Indian Accounting Standard) Rule, 2015 as prescribed under Section 133 of the Companies Act, 2013.
2 The aforesaid audited financial results for the quarter and year ended 31st March, 2026 has been prepared in accordance with Companies (Indian Accounting Standard) Rule, 2015 as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and in terms of Regulation 33 of SEBI (Listing Obligation and disclosure Requirements) Regulations, 2015, as amended.
3 The Company has two reportable segment a. Retail of agro produce and b. Resort and Property Development
4 Item of Incomes/ Expenses/Assets/Liabilities including borrowings /aadvances/provision for various taxes, common administrative expenses etc which are not directly attributable /identifiable /allocable to an operating segment has been shown as unallocable items.
5 The figures of the last quarter are the balancing figures between audited figures in respect of full financial year and unaudited published year to date figures upto the third quarter of the respective financial year.
6 The Company has two reportable segment a. Retail of agro produce and b. Resort and Property Development
7 The Figures have been regrouped and/or reclassified wherever necessary.
Place: Mumbai
Date: 27.05.2026
For Hit Kit Global Solutions Ltd
(CIN: L70100MH1988PLC049929)
Randal Atikwari
Managing Director
DIN: 07646000
HIT KIT GLOBAL SOLUTIONS LTD
(CIN: L70100MH1988PLC049929)
Regd(O): Unit No.1, Uttam Villa, Ground Floor, Saint Mary Road, Vileparle West, Mumbai: 400056.
Email: [email protected] Website: hitkitglobal.com
STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED ON MARCH 31, 2026
| Particulars | Quarter Ended | Year Ended | |
|---|---|---|---|
| 31.03.2026 | 31.03.2025 | 31.03.2026 | |
| Audited | Audited | ||
| Segment Revenue | |||
| a. Retail of agro produce | 36.56 | 9.91 | 103.08 |
| b. Resort and Property Development | - | ||
| c. Unallocable | 6.00 | - | 6.00 |
| Net Sales/Income from Operation | 42.56 | 9.91 | 109.08 |
| Segment Results | |||
| a. Retail of agro produce | 36.56 | 9.91 | 103.08 |
| b. Resort and Property Development | - | ||
| c. Unallocable | 6.00 | - | 6.00 |
| Less: Interest and Finance Charges | 0.11 | 0.00 | 0.28 |
| Total Segment Result before Tax | 42.45 | 9.91 | 108.80 |
| Less: Other Unallocable Expenditure | 39.78 | 26.05 | 100.34 |
| Total Profit Before Tax | 2.67 | -16.14 | 8.46 |
| Capital Employed | |||
| (Segment Assets - Segment Liabilities) | |||
| a. Retail of agro produce | 16.23 | - | 16.23 |
| b. Resort and Property Development | 1,195.34 | 1,134.29 | 1,195.34 |
| c. Unallocable | 78.94 | 27.99 | 78.94 |
| Total Capital Employed | 1,290.51 | 1162.28 | 1,290.51 |
For Hit Kit Global Solutions Ltd
(CIN: L70100MH1988PLC049929)
Place: Mumbai
Date: 27.05.2026
Kamal Agrawal
Managing Director
DIN: 07646000
Hit Kit Global Solutions Ltd
Statement of Cash Flow for the year ended 31 March 2026
(Amount in Lacs)
| Particulars | As at 31 March 2026 | As at 31 March 2025 | |
|---|---|---|---|
| Cash flows from Operating Activities | |||
| Net Profit before Tax | 8.46 | 259.94 | |
| Adjusted For : | - | - | |
| Impairment gain on assets | - | (240.02) | |
| Depreciation and Amortization | - | - | |
| Interest Income | (5.40) | - | |
| Finance costs | 0.28 | 0.04 | |
| Difference in Opening Reserves | - | 0.19 | |
| Operating profit / (Loss) before working capital changes | 3.34 | 20.16 | |
| Changes in Working Capital: | - | ||
| (Increase)/Decrease in Trade Receivables | (2.39) | (24.50) | |
| (Increase)/Decrease in Other Current assets | (18.41) | (13.88) | |
| (Increase)/Decrease in Other Non-Current Assets | (73.50) | 75.70 | |
| (Increase)/Decrease in Loans | 0.25 | (13.52) | |
| (Increase)/Decrease in Loans & Advances | - | - | |
| Increase/(Decrease) in Non Current Liabilities | - | (42.80) | |
| Increase/(Decrease) in Trade Payables | 17.81 | 6.95 | |
| Increase/(Decrease) in Other current liabilities | 5.76 | (9.67) | |
| Increase/(Decrease) in Short term Provisions | (2.98) | - | |
| Cash Generated from /(used in) Operation | (70.13) | (1.56) | |
| Tax paid (net of refunds) | (0.57) | 5.18 | |
| Net cash flow from operating activities | A | (69.55) | (6.74) |
| Cash flows from Investing Activities | - | ||
| Interest received | 5.40 | - | |
| Investment | - | 391.15 | |
| Capital WIP | (65.00) | (590.63) | |
| Addition in PPE | - | (0.35) | |
| Net cash flow from / (used in) investing activities | B | (59.60) | (199.83) |
| Cash flows from Financing Activities | - | ||
| Repayment from short-term borrowings | - | - | |
| Finance cost | (0.28) | (0.04) | |
| Money received against share warrants | (37.50) | 37.50 | |
| Share Allotment money received | 150.00 | 188.00 | |
| Net cash flow from / (used in) Financing activities | (C) | 112.22 | 225.46 |
| Net increase / (decrease) in Cash and Cash Equivalents | (A+B+C) | (16.93) | 18.89 |
| Cash and cash equivalents as at the beginning of the year | 24.67 | 0.74 | |
| Cash and cash equivalents as at end of the year | 7.74 | 24.67 |
See accompanying notes forming part of the financial statements
Note :
a). The above cash flow statement has been prepared under the "Indirect Method" as set out in the Indian Accounting Standard (IND AS-7) - Statement of Cash Flow
b). There are no non-cash item transactions noted during the year.
For Hit Kit Global Solutions Ltd
(CIN : L70100MH1988PLC049929)
Date : 27.05.2026
Place : Mumbai
Managing Director
DIN: 07646000