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Jeet Machine Tools Ltd. — Interim / Quarterly Report 2026
May 27, 2026
64230_rns_2026-05-27_2c7706ed-72b5-4c45-9279-952bf995553d.pdf
Interim / Quarterly Report
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JEET MACHINE TOOLS LTD
Regd. Office: 25, Ambalal Doshi Marg
Hamam Street, Fort, Mumbai – 400001
T : 022-22675720 / 22655782
E : [email protected]
Website: www.jeetmachinetools.in
CIN: L28900MH1984PLC032859
May 27, 2026
BSE Limited
Listing Department,
P.J Towers, Dalal Street
Fort, Mumbai – 400 001
Scrip Code: 513012
Subject: Outcome of the Board Meeting pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Dear Sir/ Madam,
Pursuant to requirement of Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly note that the Board of Directors of the Company at its meeting held on today Wednesday, May 27, 2026 has inter alia approved the Audited Financial Results (Standalone) for the quarter and year ended March 31, 2026, along with Auditors Report, Statement of Assets and Liabilities and Cash Flow Statement as at year ended March 31, 2026.
Further, please note that the Statutory Auditor M/s Agrawal Jain & Gupta, Chartered Accountants, (FRN 013538C) have issued an Audit Report with unmodified opinion on the above results in terms of second proviso to Regulation 33(3) (d) of SEBI (LODR) Regulations, 2015.
The Financial Results will also be available on the Company's website at https://www.jeetmachinetools.in/.
The meeting of the Board of Directors commenced at 4.00 p.m. and concluded at 4.30 p.m.
Kindly take the above information on your record and acknowledge.
Yours Faithfully,
For JEET MACHINE TOOLS LIMITED
KAWALJIT
SINGH JAGJIT
SINGH CHAWLA
Digitally signed by
KAWALJIT SINGH JAGJIT
SINGH CHAWLA
Date: 2026.05.27
16:57:26 +05'30'
KAWALJIT SINGH CHAWLA
MANGING DIRECTOR
DIN: 00222203
Corporate Address (Address of Communication) Parekh Vora Chambers, Ground Floor,
62 Nagindas Master Road, Fort, Mumbai - 400 001.
Tel: +91-22-2267 2124 / 5822 - Email: [email protected]
JEET MACHINE TOOLS LTD
Regd. Office: 25, Ambalal Doshi Marg
Hamam Street, Fort, Mumbai – 400001
T : 022-22675720 / 22655782
E : [email protected]
Website: www.jeetmachinetools.in
CIN: L28900MH1984PLC032859
May 27, 2026
BSE Limited
Listing Department,
P.J Towers, Dalal Street
Fort, Mumbai – 400 001
Scrip Code: 513012
Subject: Declaration pursuant to Regulation 33(3) of SEBI (LODR) Regulations, 2015.
Dear Sir/ Madam,
This declaration is issued in compliance with SEBI circular No. CIR/CFD/CMD/56/2016 dated 27th May, 2016 read with Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
We hereby declare that the Statutory Auditors M/s Agrawal Jain & Gupta, Chartered Accountants (FRN 013538C) has issued the Audit Report with unmodified opinion on the Audited financial results for quarter and financial year ended 31st March, 2026.
Kindly take the above information on your record and acknowledge.
Yours Faithfully,
For JEET MACHINE TOOLS LIMITED
KAWALJIT
SINGH JAGJIT
SINGH CHAWLA
Digitally signed by
KAWALJIT SINGH JAGJIT
SINGH CHAWLA
Date: 2026.05.27
16:57:55 +05'30'
KAWALJIT SINGH CHAWLA
MANGING DIRECTOR
DIN: 00222203
Corporate Address (Address of Communication) Parekh Vora Chambers, Ground Floor,
62 Nagindas Master Road, Fort, Mumbai - 400 001.
Tel: +91-22-2267 2124 / 5822 - Email: [email protected]
CA
INDIA
AGRAWAL JAIN & GUPTA Chartered Accountants
Registered Office:
Plot No 5, Girdhar Colony,
Opp. Soni Manipal Hospital,
Sikar Road, Jaipur,
Rajasthan, 302039
Website: www.ajngupta.com
Mumbai Office:
1501 One Lodha Place
S B Marg, Lower Parel
Mumbai- 400013, India
Email: [email protected]
Contact no 022-46061667
Independent Auditor's Report on the Quarterly and Year to Date Audited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
TO
THE BOARD OF DIRECTORS OF
JEET MACHINE TOOLS LIMITED
Report on the Financial Statements
Opinion
We have audited the accompanying financial statements of JEET MACHINE TOOLS LIMITED ("the Company"), for the quarter and year ended 31 March 2026, attached herewith, being submitted by the company pursuant to the requirement of regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015, as amended (Listing Regulations).
In our opinion to the best of information and according to explanations given to us the statement:
a. Are presented in accordance with the requirements of regulations 33 of the listing regulations in these regards" and
b. gives a true and fair view in conformity with the applicable accounting standards and other accounting principles generally accepted in India, of the net profit and other comprehensive loss and other financial information of the Company for the quarter ended March 31, 2026 and 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 Companies Act. 2013 ("the Act"). Our responsibilities under those SAs 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 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 we have obtained, is sufficient and appropriate to provide a basis for our opinion.
Management's Responsibility for the Financial Statements
The Company's Board of Directors is responsible for the matters in section 134(5) of the Companies Act, 2013 ("the Act") with respect to the preparation of these financial statements that give a true and fair view of state of affairs (financial position), Profit or loss (financial Performance including other comprehensive income), change in equity and cash flows of the Company in accordance with the accounting principles generally accepted in India, including the Indian Accounting Standards ('Ind AS') the financial position, financial performance and cash flows of the Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014.
This responsibility also includes the maintenance of adequate accounting records in accordance with the provision of the Act for safeguarding of the assets of the Company and for preventing and detecting the 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 internal financial control, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements 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 Management and 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 the 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 Company's Management and the Board of Directors are responsible for overseeing the company's financial reporting process.
Auditor's Responsibility
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 these financial results.
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, we are also responsible for expressing our opinion through a separate report on the complete set of financial statements 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 in the financial results made by the Management and Board of Directors.
- Conclude on the appropriateness of the Management and 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 disclosure in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusion is 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 presentations, structure and content of the financial results, including the disclosers, and whether the financial results represent the underlying transaction and events in a manner that achieves fair presentations.
- Materiality is the magnitude at misstatements in the Statement that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Statement may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Statement.
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 financial results include the results for the quarter ended March 31, 2026 being the balancing figures 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, as required under the Listing Regulations.
For Agrawal Jain & Gupta
ICAI Firm Registration Number: 013538C
UDIN: 26405875DVOERN3184
Gaurav
Jain
Digitally signed
by Gaurav Jain
Date: 2026.05.27
16:47:44 +05'30'
Gaurav Jain
Partner
Membership Number: 405875
Place of Signature: Mumbai
Date: 27th May 2026
| JEET MACHINE TOOLS LIMITED
CIN: L20900NH1904PLC032059
Registered Office: 25, Ambalal Doshi Marg, Fort, Mumbai, Maharashtra 400023.
(₹ in Lakhs) | | | | | | |
| --- | --- | --- | --- | --- | --- | --- |
| STANDALONE STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31st MARCH, 2026 | | | | | | |
| Sr. No. | Particulars | Quarter ended on | | | Year Ended | |
| | | 31.03.2026 | 31.12.2025 | 31.03.2025 | 31.03.2026 | 31.03.2025 |
| | | (Audited)
Refer Note 5 | (Unaudited) | (Audited)
Refer Note 5 | (Audited) | (Audited) |
| 1 | Revenue from Operations | | | | | |
| (a) | Operating Income | 3.58 | 2.40 | - | 7.26 | 8.50 |
| (b) | Other Income | 6.09 | 403.07 | 3.44 | 410.91 | 4.18 |
| | Total Income (a+b) | 9.67 | 405.47 | 3.44 | 418.17 | 12.68 |
| 2 | Expenditure | | | | | |
| (a) | Purchase of Traded Goods | 3.33 | 2.11 | - | 6.56 | 7.76 |
| (b) | Changes in Inventories of Finished Goods, Work-in-progress and stock-in-trade | - | - | - | - | - |
| (c) | Employees benefits expenses | 8.91 | 5.25 | 3.73 | 22.23 | 14.08 |
| (d) | Finance Costs | - | - | - | - | - |
| (e) | Depreciation, Amortization & Depletion Expenses | - | - | - | - | - |
| (f) | Other Expenses | 4.78 | 2.42 | 5.92 | 11.59 | 30.34 |
| | Total Expenditure (a to d) | 17.02 | 9.78 | 9.65 | 40.38 | 52.18 |
| | | | | | | |
| 3 | Profit / (Loss) before exceptional items and tax (1-2) | (7.35) | 395.69 | (6.21) | 377.79 | (39.50) |
| 4 | Exceptional items | - | - | - | - | (21.89) |
| 5 | Profit / (Loss) after exceptional items and tax (3-4) | (7.35) | 395.69 | (6.21) | 377.79 | (61.39) |
| 6 | Tax Expense: | | | | | |
| (a) | Current Tax | (0.01) | 35.50 | - | 35.49 | - |
| (b) | Deferred Tax | (0.24) | (1.82) | 1.72 | (5.07) | 3.62 |
| (c) | Earlier year Tax Adjustments | - | - | - | - | - |
| 7 | Profit / (Loss) for the period (5-6) | (7.10) | 362.01 | (4.49) | 347.37 | (65.01) |
| 8 | Profit/(Loss) from discontinued operations | - | - | - | - | - |
| 9 | Tax expenses of discontinuing operations | - | - | - | - | - |
| 10 | Net profit (loss) from discontinued operation after tax (8-9) | - | - | - | - | - |
| 11 | Profit/(Loss) for the period (7+10) | (7.10) | 362.01 | (4.49) | 347.37 | (65.01) |
| 12 | Other Comprehensive Income | - | - | - | - | - |
| (a) | (i) Items that will not be reclassified to profit or loss | - | - | - | - | - |
| | (ii) Income tax relating to items that will not be reclassified to profit or loss | - | - | - | - | - |
| (b) | (i) Items that will be reclassified to profit or loss | (33.85) | (6.79) | (48.43) | (57.35) | 12.70 |
| | (ii) Income tax relating to items that will be reclassified to profit or loss | - | - | - | - | - |
| | Total other comprehensive income net of taxes (12a+12b) | (33.85) | (6.79) | (48.43) | (57.35) | 12.70 |
| | | | | | | |
| 13 | Total Comprehensive Income for the period/year (11-13) Comprising Profit (Loss) and Other comprehensive Income for the period | (40.95) | 355.22 | (52.92) | 290.02 | (52.30) |
| | | | | | | |
| 14 | Paid up Equity Share Capital (face value Rs.10 each, fully paid) | 196.00 | 196.00 | 196.00 | 196.00 | 196.00 |
| 15 | Other Equity | | | | 272.15 | (17.87) |
| 16 | Earning per equity share of Rs.10/- each | | | | | |
| | (1) Basic | (0.36) | 18.47 | (0.23) | 17.72 | (3.32) |
| | (2) Diluted | (0.36) | 18.47 | (0.23) | 17.72 | (3.32) |
| See accompanying note to the financial results: | | | | | | |
| Notes:
1 The Statement of financial result has been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act, 2013, read with the relevant rules issued thereunder and the recognised accounting practices and policies to the extent applicable.
2 The above statement of financial results has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 27th May 2026.
3 The company operates mainly one segment, accordingly there are no separate reportable segment as per Ind AS-108- Operating Segment.
4 Previous period's figures have been reclassified, wherever necessary, to correspond with those of the current period.
5 The financial figures for the quarter ended March 31, 2026 and March 31, 2025 are balancing figures being the difference between audited financial figures in respect of the full financial year and unaudited year to date financial figures upto December 31, 2025 and December 31, 2024 respectively.
6 The Exceptional Item of Rs. 21.89 Lakhs in for the year ended 31 March 2025 represents the Reinstatement Fees of Rs 15.00 lacs and SOP fine Rs 6.89 Lacs paid to BSE Limited.
7 Other income for the quarter ended 31 December 2025 includes a non-recurring gain of 402.56 lakhs arising from the sale of an investment property. | | | | | | |
Place: Mumbai.
Date: 27th May 2026.
For and On behalf of Board
For JEET MACHINE TOOLS LIMITED
KAMALOT SINGH CHAWLA
Chairman & Managing Director
DIN-00222203
| JEET MACHINE TOOLS LIMITED
Statement of Assets and Liabilities (Standalone- Ind AS compliant)
(₹ in Lakhs) | | |
| --- | --- | --- |
| Particulars | 31.03.2026
(Audited) | 31.03.2025
(Audited) |
| ASSETS | | |
| Non-Current Assets | | |
| Investment in Property | - | 65.71 |
| Total Non Current assets | - | 65.71 |
| Non-Current Financial Assets | | |
| (i) Investments | 90.76 | 148.11 |
| (ii)Other Financial Assets | 67.29 | 30.90 |
| (iii)Deferred Tax Assets | 22.68 | 17.61 |
| | 180.72 | 196.63 |
| Current assets | | |
| (a) Inventories | 12.36 | 12.36 |
| (b) Financial Assets | | |
| (i) Trade Receivables | - | - |
| (ii) Cash and Cash Equivalents | 282.37 | 62.41 |
| (c) Other Current Assets | 38.55 | 35.35 |
| Total | 333.27 | 110.11 |
| TOTAL ASSETS | 513.99 | 372.45 |
| EQUITY & LIABILITIES | | |
| Equity | | |
| Equity Share Capital | 196.00 | 196.00 |
| Other equity | 272.15 | (17.87) |
| Total | 468.15 | 178.13 |
| LIABILITIES | | |
| Non Current Liabilities | | |
| (i) Long term Provision | 4.62 | - |
| Total | 4.62 | - |
| Current Liabilities | | |
| Financial liabilities | | |
| (i) Borrowings | | |
| (ii) Trade Payables | | |
| a) Total outstanding dues of micro enterprises and small enterprises | 1.45 | 2.07 |
| b) Total outstanding dues of other than micro enterprises and small enterprises | 0.25 | 0.26 |
| (iii) Other financial liabilities | 4.05 | 192.00 |
| (iii) Provisions | 35.49 | - |
| Total | 41.23 | 194.33 |
| Total Equity and Liabilities | 513.99 | 372.45 |
Place: Mumbai.
Date: 27th May 2026.
For and On behalf of Board
For JEET MACHINE TOOLS LIMITED
KAWALJIT SINGH CHAWLA
Chairman & Managing Director
DIN : 00222203
| JEET MACHINE TOOLS LIMITED
CASH FLOW STATEMENT FOR THE YEAR ENDED 31st MARCH 2026
(₹ in Lakhs) | | |
| --- | --- | --- |
| Particulars | 31.03.2026 | 31.03.2025 |
| Cash Flow From Operating Activities | | |
| Net Profit /(Loss) Before Taxation & Extra Ordinary Item | 377.79 | (61.39) |
| Adjustment For | | |
| Less: Interest Received | (6.93) | (1.63) |
| Less: Long term capital Gain on sale of property | (402.56) | - |
| Less: Dividend From Shares & Mutual Fund | (1.41) | (2.55) |
| Operating Profit Before Working Capital Changes | (33.11) | (65.57) |
| Adjustment for: | | |
| (Increase)/Decrease in Trade Receivable | - | - |
| (Increase)/Decrease in other current Assets | (3.20) | (11.79) |
| (Decrease)/Increase in Long term Provisions | 4.62 | - |
| Increase / (Decrease) in Trade Payables | (0.63) | 0.83 |
| Increase / (Decrease) in Other Financial Liabilities | - | - |
| Increase / (Decrease) in Current Liabilities | (187.95) | 24.02 |
| Sub Total of working capital adjustments | (187.16) | 13.06 |
| Cash Generation From Operations | (220.27) | (52.51) |
| Direct Taxes Paid | - | - |
| Net Cash From Operating Activities | (220.27) | (52.51) |
| Cash Flow From Investing Activities | | |
| Interest Income | 6.93 | 1.63 |
| Dividend From Shares & Mutual Fund | 1.41 | 2.55 |
| Sale of Property | 468.27 | - |
| Other Non-Current Financial Assets | (36.38) | (0.02) |
| Net cash from /(in used) in investing activities(B) | 440.23 | 4.16 |
| Cash Flow From Financial Activities | | |
| Finance Cost | - | - |
| Proceeds from Share Capital | - | - |
| Net cash flow from financing activities (°C) | - | - |
| Net increase in Cash and Cash equivalent (A+B+C) | 219.96 | (48.35) |
| Cash & Cash equivalent at the beginning of the year | 62.41 | 110.76 |
| Cash & Cash equivalent at the end of the year | 282.37 | 62.41 |
| Components of Cash and Cash equivalent | | |
| Cash on Hand | 0.55 | 0.55 |
| With Banks- | | |
| On current account | 31.54 | 10.40 |
| On deposit account | 250.28 | 51.46 |
| Total Cash and Cash Equivalent | 282.37 | 62.41 |
For and On behalf of Board
For JEET MACHINE TOOLS LIMITED
Place: Mumbai.
Date: 27th May 2026.
KAWALIH SINGH CHAWLA
Chairman & Managing Director
DIN: 00222203