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L. T. ELEVATOR LIMITED Annual Report 2026
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Annual Report
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L.T. ELEVATOR LIMITED
CIN: U31909WB2008PLC128871
(Formerly Known as L.T. Elevator Private Limited)
Corporate & Registered Office:
Capricorn Nest, 3 Gobinda Auddy Road,
P.O.: Alipore Kolkata – 700027, West Bengal India
Phone: 033-2448-0447
Email: [email protected] / Web: www.televator.com
L.T. ELEVATOR®
08 May, 2026
To
The Listing Department
The BSE Limited
P J. Towers, Dalal Street, Mumbai - 400001
Scrip Code: 544518
Dear Sir/Madam,
Sub: Outcome of Board Meeting held on May 8, 2026 under Regulation 30 read with Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 read with Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the meeting of the Board of Directors (the "Board") of the Company which commenced at 19:30 P.M and concluded at 20:45 PM today have inter-alia transacted the following:
- Approved the Audited Standalone & Consolidated financial statements for the financial year ended March 31, 2026.
In this regard, please find enclosed copies of the following:
i. Statement showing the audited financial results including Statement of Assets and Liabilities, Profit and Loss statement and cashflow statement for the financial year ended March 31, 2026.
ii. Independent Auditors’ Report on the financial statements of the Company issued by M/s. KSA & Co, Chartered Accountants, our Statutory Auditors pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
We request to take the above on record.
Thanking You,
For L. T. Elevator Limited
Arvind Gupta
Digitally signed
by Arvind Gupta
Date: 2026.05.08
20:46:36 +05'30'
Arvind Gupta
(Managing Director)
DIN: 00253202
Works – 1 Vill: Chak Chata, PO.: Raipur Maheshtala, Kolkata – 700141
Works – 2 P-2, Gangarampur Road, Jhcutala, P.O. – Raipur, Maheshtala, Kolkata - 700141
CA
KSA & CO CHARTERED ACCOUNTANTS
Independent Auditor's Report
To the Members of L.T. Elevator Limited
Report on the Audit of the Standalone financial statements
Opinion
-
We have audited the accompanying standalone financial statements of L. T. Elevator Limited formerly known as L. T. Elevator Private Limited (“the Company”), which comprise the Standalone balance sheet as at March 31, 2026, and the Standalone Statement of Profit and Loss, and the Standalone Statement of Cash Flows for the year then ended, and notes to the standalone financial statements, including a summary of significant accounting policies and other explanatory information.
-
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial statements give the information required by the Companies Act, 2013 (“the Act”) in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at March 31, 2026 and its profit and its cash flows for the year then ended.
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 Standalone financial statements” 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 standalone financial statements under the provisions of the Act and the Rules there under, 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.
Key Audit Matters
Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the standalone financial statements of the current period. These matters were addressed in the context of our audit of the standalone financial statements as a whole and in forming our opinion thereon, and we do not provide a separate opinion on these matters.
We have not determined any matters as Key audit matters to be communicated in our reports.
Other Information
- The Company’s Board of Directors is responsible for the other information. The other information comprises the information included in the Director’s report, but does not include the standalone financial statements and our auditor’s report thereon.
Our opinion on the standalone financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.
20, N. S. Road, Block-'A', 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003-5538, Mobile : 9830170962
Email: [email protected]
CA
KSA & CO
CHARTERED ACCOUNTANTS
In connection with our audit of the standalone financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the standalone financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Responsibilities of management and those charged with governance for the standalone financial statements
-
The Company’s Board of Directors is responsible for the matters stated in Section 134(5) of the Act with respect to the preparation of these standalone financial statements that give a true and fair view of the financial position, financial performance, changes in equity 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. 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 standalone financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.
-
In preparing the standalone financial statements, management is 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 management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Those Board of Directors are also responsible for overseeing the Company’s financial reporting process.
Auditor’s responsibilities for the audit of the standalone financial statements
-
Our objectives are to obtain reasonable assurance about whether the standalone financial statements 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 standalone financial statements.
-
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
-
Identify and assess the risks of material misstatement of the standalone financial statements, 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(5)(l) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls with reference to standalone 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 management.
KALKATA
20, N. S. Road, Block 1A*, 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003-5536, Mobile : 9830170962
Email: [email protected]
CA
KSA & CO CHARTERED ACCOUNTANTS
- Conclude on the appropriateness of management'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 standalone financial statements 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 standalone financial statements, including the disclosures, and whether the standalone financial statements 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.
From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the standalone financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditor's report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.
Report on other legal and regulatory requirements
-
As required by the Companies (Auditor's Report) Order, 2020 ("the Order"), issued by the Central Government of India in terms of sub-section (11) of Section 143 of the Act, we give in the Annexure A a statement on the matters specified in paragraphs 3 and 4 of the Order, to the extent applicable.
-
As required by Section 143(3) of the Act, we report that:
(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit.
(b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those books.
(c) The Standalone balance sheet, the Standalone Statement of Profit and Loss and the Standalone Statement of Cash Flows dealt with by this Report are in agreement with the books of account.
(d) In our opinion, the aforesaid standalone financial statements comply with the Accounting Standards specified under Section 133 of the Act.
(e) On the basis of the written representations received from the directors, taken on record by the Board of Directors, none of the directors is disqualified as on March 31, 2026, from being appointed as a director in terms of Section 164(2) of the Act.
(f) With respect to the adequacy of the Internal Financial Controls over financial reporting of the company and the operating effectiveness of such controls, refer to our separate Report in "Annexure-B".
(g) With respect to the other matters to be included in the Auditor's Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014 (as amended), in our opinion and to the best of our information and according to the explanations given to us:
20, N. S. Road, Block-'A', 1st Floor, Room No. 15, Kolkata-700 001
Landline: 033 4003-5538, Mobile : 9830170962
Email: [email protected]
CA
KSA & CO
CHARTERED ACCOUNTANTS
i. The Company has disclosed the impact of pending litigations as on 31st March 2026 on its financial position in its statement - Refer Note-30
ii. The Company does not have any long-term contract including derivative contracts for which there were any material foreseeable losses.
iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company during the year ended March 31, 2026.
iv. (a) The management has represented that, to the best of its knowledge and belief, as disclosed in the notes to the accounts, no funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Company to or in any other person(s) or entity(ies), including foreign entities ("Intermediaries"), with the understanding, whether recorded in writing or otherwise, that the intermediary shall, whether, directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Company ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries;
(b) The management has represented that, to the best of its knowledge and belief, as disclosed in the notes to the accounts, no funds have been received by the Company from any person(s) or entity(ies), including foreign entities ("Funding Parties"), with the understanding, whether recorded in writing or otherwise, that the Company shall, whether, directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries; and
(c) Based on such audit procedures that we considered reasonable and appropriate in the circumstances, nothing has come to our notice that has caused us to believe that the representations under sub-clause (a) and (b) contain any material misstatement.
v. The Company has not declared any dividend during the year.
vi. Based on our examination, which included test checks, the Company has used accounting softwares for maintaining its books of account for the financial year ended March 31, 2026 which has a feature of recording audit trail (edit log) facility and the same has operated throughout the year for all relevant transactions recorded in the softwares. Further, during the course of our audit we did not come across any instance of the audit trail feature being tampered with and the audit trail has been preserved by the Company as per the statutory requirements for record retention.
- With respect to the other matters to be included in the Auditor's Report in accordance with the requirements of section 197 (16) of the Act, as amended, in our opinion and to the best of our information and according to the explanations given to us, the remuneration paid by the Company to its directors during the year is in accordance with the provisions of section 197 of the Act.
Place: Kolkata
Date: 8th May, 2026
For KSA & Co.
Chartered Accountants
Rakesh Kumar Agarwal
Partner
Membership Number 056051
Firm Registration Number: 003822C
UDIN: 26056051SBQFFB3491
20, N. S. Road, Block-7A, 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003-5538, Mobile : 9830170962
Email: [email protected]
CA
KSA & CO CHARTERED ACCOUNTANTS
Annexure “B” Annexure to Independent Auditor’s Report
(Referred to in paragraph 1(f) under report on Other Legal and Regulatory Requirements of our report of even date)
Report on the Internal Financial Controls over Financial Reporting under Clause (i) of Sub – section 3 of Section 143 of the Companies Act, 2013 (“the Act”)
In conjunction with our audit of the standalone financial statements of L. T. Elevator Limited formerly known as L. T. Elevator Private Limited (“the Company”), as of and for the year ended 31 March 2026, we have audited the internal financial reporting of the company of as of that date.
Management’s Responsibility for Internal Financial Controls
The management is responsible for establishing and maintaining internal financial controls based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India. These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of its business, including adherence to company’s policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Companies Act, 2013.
Auditors’ Responsibility
Our responsibility is to express an opinion on the Company’s internal financial controls over financial reporting based on our audit. We conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting (the “Guidance Note”) and the Standards on Auditing, issued by ICAI and deemed to be prescribed under section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered Accountants of India. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if such controls operated effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the standalone financial statements, whether due to fraud or error.
We believe that the audit evidence I/we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company’s internal financial controls system over financial reporting.
Meaning of Internal Financial Controls Over Financial Reporting
20, N. S. Road, Block-'A', 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003-5538, Mobile : 9830170962
Email: [email protected]
CA
KSA & CO
CHARTERED ACCOUNTANTS
A company's internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of standalone financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal financial control over financial reporting includes those policies and procedures that
(1) Pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company;
(2) Provide reasonable assurance that transactions are recorded as necessary to permit preparation of standalone financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and
(3) Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's assets that could have a material effect on the standalone financial statements.
Inherent Limitations of Internal Financial Controls Over Financial Reporting
Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
Opinion
In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal financial controls over financial reporting were operating effectively as at 31st March, 2026
For KSA & Co.
Chartered Accountants
Rakesh Kumar Agarwal
Partner
Membership Number 056051
Firm Registration Number: 003822C
UDIN: 26056051SBQFFB3491
Place: Kolkata
Date: 8th May, 2026
20, N. S. Road, Block-'A', 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003-5538, Mobile : 9830170962
Email: [email protected]
| L. T. ELEVATOR LIMITED (Formerly Known as L. T. Elevator Private Limited) CIN:L31909WB2008PLC128871 Capricorn Nest, 3, Gobinda Auddy Raod, P.O. Alipore, Kolkata - 700 027 | ||||||
|---|---|---|---|---|---|---|
| Statement of Audited Standalone Financial Results for the half year and year ended 31st March, 2026 | ||||||
| Particulars | Half Year Ended | Year Ended | ||||
| March 31, 2026 | September 30, 2025 | March 31, 2025 | March 31, 2026 | March 31, 2025 | ||
| (Audited) | (Unaudited) | (Audited) | (Audited) | (Audited) | ||
| I | Revenue from Operations | 3,887.50 | 3,186.76 | 2,732.18 | 7,074.26 | 4,687.78 |
| II | Other Income | 25.43 | 4.34 | 12.32 | 29.77 | 15.97 |
| III | Total Income | 3,912.94 | 3,191.09 | 2,744.50 | 7,104.03 | 4,703.75 |
| Expenses: | ||||||
| Cost of Material Consumed | 1,896.52 | 1,351.07 | 1,426.16 | 3,247.59 | 2,582.58 | |
| Changes in Inventories | - 157.37 | 196.65 | (458.18) | 39.28 | (756.89) | |
| Employee Benefit Expense | 574.60 | 565.12 | 471.06 | 1,139.72 | 938.31 | |
| Finance Costs | 59.56 | 74.63 | 69.34 | 134.19 | 135.32 | |
| Selling & Distribution Expense | 21.08 | 4.41 | 16.41 | 25.49 | 19.73 | |
| Depreciation and Amortization Expense | 54.40 | 39.87 | 42.24 | 94.27 | 78.64 | |
| Other Expenses | 633.49 | 429.44 | 388.65 | 1,062.93 | 762.16 | |
| Total Expenses | 3,082.29 | 2,661.18 | 1,955.68 | 5,743.47 | 3,759.86 | |
| IV | Profit Before Tax | |||||
| 830.65 | 529.91 | 788.81 | 1,360.56 | 943.90 | ||
| V | LT.Adjusted Related to Earlier Year | 25.51 | - | 32.20 | 25.51 | 35.21 |
| Tax Expense: | ||||||
| (1) Current tax | 244.65 | 134.05 | 202.43 | 378.70 | 246.78 | |
| VI | (2) Deferred tax asset/(liability) | - 0.04 | -0.41 | 3.47 | -0.45 | 4.12 |
| Profit/(Loss) for the year | 560.46 | 395.45 | 557.65 | 955.91 | 666.01 | |
| VI | Earning per Equity Share of Rs 10 each | |||||
| (1) Basic | 2.93 | 2.06 | 3.98 | 4.99 | 6.33 | |
| (2) Diluted | 2.93 | 2.06 | 3.98 | 4.99 | 6.33 |
For L. T. ELEVATOR LIMITED
Place : Kolkata
Dated : May 08. 2026
ARVIND GUPTA
Managing Director
DIN 00253202
USHAGUPTA
Whole time Director
DIN 02261425
BIPLAB DAS
CFO
| L. T. ELEVATOR LIMITED (Formerly Known as L. T. Elevator Private Limited) CIN:L31909WB2008PLC128871 Capricorn Nest, 3, Gobinda Auddy Raod, P.O. Alipore, Kolkata - 700 027 | ||
|---|---|---|
| STATEMENT OF AUDITED STANDALONE ASSETS AND LIABILITIES AS AT 31ST MARCH, 2026 | ||
| (₹ in lakhs Unless Stated Otherwise) | ||
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
| I. EQUITY AND LIABILITIES (1) Shareholder's Funds (a) Share Capital (b) Reserves and Surplus | 1,916.31 7,335.58 | 1,366.71 3,176.57 |
| (2) Non Current Liabilities (a) Long-Term Borrowings (b) Long Term Provisions | 0.45 95.93 | 70.11 84.25 |
| (3) Current Liabilities (a) Short-Term Borrowings (b) Trade Payable Mirco and Small Enterprises Other than Mirco and Small Enterprises (c) Other Current Liabilities (d) Short-Term Provisions | 1,663.14 - 284.68 334.37 1,019.11 378.70 | 1,531.10 - 141.00 421.07 901.48 229.10 |
| Total Equity & Liabilities | 13,028.26 | 7,921.38 |
| II. ASSETS (1) Non-Current Assets (a) Property, Plant and Equipment Capital Work-in-Progress (b) Non-Current Investment (c) Deferred Tax Asset (Net) (d) Other Non Current Assets | 1,464.19 - 2,846.91 23.37 87.23 | 815.01 - 2,046.91 46.69 188.60 |
| (2) Current Assets (a) Inventories (b) Trade Receivables (c) Cash and cash equivalents (d) Short Term Loans and Advances (e) Other Current Assets | 1,970.50 3,309.37 1,365.49 282.14 1,679.06 | 2,078.02 1,916.74 389.65 302.37 137.38 |
| Total Assets | 13,028.26 | 7,921.38 |
| For L. T. ELEVATOR LIMITED ALG ARVIND GUPTA Managing Director DIN 00253202 USHA GUPTA Whole time Director DIN 02261425 Blue BIPLAB DAS CFO |
| L. T. ELEVATOR LIMITED | ||
|---|---|---|
| (Formerly Known as L. T. Elevator Private Limited) | ||
| CIN:L31909WB2008PLC128871 | ||
| Capricorn Nest, 3, Gobinda Auddy Raod, P.O. Alipore, Kolkata - 700 027 | ||
| STANDALONE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2026 | ||
| (Rs in Lacs) | ||
| Particulars | For year ended | |
| 31st March, 2026 | For year ended | |
| 31st March, 2025 | ||
| A. CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit Before Tax | 1,360.56 | 943.90 |
| Adjusted For | ||
| Depreciation and amortisation expenses | 94.27 | 78.64 |
| Provision for Gratuity | 15.90 | 16.64 |
| Interest Expenses | 134.19 | 169.50 |
| Interest Income | -26.25 | -15.92 |
| Operating profit before working capital changes | 1,578.67 | 1,192.76 |
| Adjusted For working capital Change | ||
| Trade and Other Receivables | -1,392.63 | -777.50 |
| Inventories | 107.52 | -858.52 |
| Other Current Assets | -1,548.40 | 138.38 |
| Trade and other Payables | 56.98 | -54.70 |
| Other Current Liabilities | -108.01 | -72.04 |
| Change in working capital | -2,884.54 | -1,624.36 |
| Cash Generated from Operations | -1,105.76 | -431.60 |
| Direct Taxes Paid | -222.72 | -190.59 |
| Net Cash from Operating Activities | -1,328.48 | -622.19 |
| B. CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of Fixed Asset | -743.44 | -71.49 |
| Sale of Fixed Assets | - | - |
| Purchase of Investments | -800.00 | - |
| Sale of Investments | - | - |
| Increase in share capital | 3,753.32 | 756.25 |
| Capital Work-in-progress | - | - |
| Movement in short-term Loans & Advances | 26.96 | -22.90 |
| Movement in long-term Loans & Advances | - | - |
| Interest Received | 26.25 | 15.92 |
| Movement in other Non-Current assets | 101.37 | -93.36 |
| Movement in other Non-Current liabilities | -11.68 | -7.05 |
| Net Cash flow from Investing Activities | 2,352.76 | 577.37 |
| C. CASH FLOW FROM FINANCING ACTIVITIES | ||
| Increase/ (Repayment of Borrowings) | 62.38 | 199.57 |
| Interest Paid | -134.19 | -169.50 |
| Net Cash used in Financing Activities | -71.81 | 30.07 |
| NET INCREASE / (DECREASE) IN CASH AND CASH EQUIVALENTS | 952.47 | -14.75 |
| CASH AND CASH EQUIVALENTS AS AT BEGINNING OF THE YEAR | 389.65 | 404.39 |
| CASH AND CASH EQUIVALENTS AS AT END OF THE YEAR | 1,342.12 | 389.65 |
| FOR L. T. ELEVATOR LTD. |
ARVIND GUPTA
Managing Director
DIN 00253202
USHA GUPTA
Whole Time Director
DIN 02261425
BIPLAB DAS
CFO | | |
CA
KSA & CO. CHARTERED ACCOUNTANTS
INDEPENDENT AUDITORS' REPORT
TO THE MEMBERS OF L. T. ELEVATOR LTD.
Report on the Audit of the Consolidated Financial Statements
Opinion
-
We have audited the Consolidated Financial Statements of L. T. Elevator Limited formerly known as L. T. Elevator Private Limited (“hereinafter referred to as the Holding Company”), and its subsidiary (the Company and its subsidiary together referred to as “the Group”) which comprise the consolidated Balance Sheet as at 31st March 2026, the consolidated Statement of Profit & Loss and consolidated Statement of Cash Flows for the year then ended, and consolidated notes to the Financial Statements, including a summary of significant accounting policies and other explanatory information (hereinafter referred to as the consolidated financial statements)
-
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid consolidated financial statements give the information required by the Companies Act, 2013 as amended (‘Act’) in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the consolidated state of affairs of the Company and its subsidiary as at March 31, 2026, their consolidated profit and their consolidated cash flows for the year ended on that date.
Basis for Opinion
We conducted our audit of the consolidated financial statements in accordance with the Standards on Auditing (SAs) specified under section 143 (10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are independent of the company and its subsidiary in accordance with the code of ethics issued by the Institute of Chartered Accountants of India (ICAI) together with the ethical requirements that are relevant to our audit of the Consolidated Financial Statements under the provisions of the Companies Act, 2013 and rules made there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on consolidated financial statements.
Key audit matters
Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial statements of the current period. These matters were addressed in the context of our audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.
We have not determined any matters as key audit matters to be communicated in our report.
20, N. S. Road, Block/A*, 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003-5538, Mobile : 0830170962
Email: [email protected]
CA
ksa & co CHARTERED ACCOUNTANTS
Information other than the consolidated financial statements and auditors’ report thereon
The Company’s board of directors is responsible for the preparation of the other information. The other information comprises the information included in the Board’s Report including Annexures to Board’s Report, Business Responsibility Report but does not include the consolidated financial statements and our auditor’s report thereon.
Our opinion on the consolidated financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.
In connection with our audit of the consolidated financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained during the course of our audit or otherwise appears to be materially misstated.
If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Management’s responsibility for the consolidated financial statements
The Company’s Management and board of directors are responsible for the matters stated in section 134 (5) of the Act with respect to the preparation of these consolidated financial statements that give a true and fair view of the consolidated financial position, consolidated financial performance and consolidated cash flows of the Company and its subsidiary in accordance with the accounting principles generally accepted in India, including the Indian accounting standards specified under section 133 of the Act as amended read with relevant rules issued thereunder. The respective management and the board of directors of the company and its subsidiary are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and its subsidiary 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 consolidated financial statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the consolidated financial statements, the respective Management and respective Board of Directors of the companies included in the Group are responsible for assessing the ability of the Group to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intend to liquidate the Group or to cease operations, or has no realistic alternative but to do so.
Those respective Management and respective Board of Directors of the company and its subsidiary are also responsible for overseeing the financial reporting process of the companies included in the Group.
20, N. S. Road, Block-'A', 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003-5538, Mobile : 9830170952
Email: [email protected]
CA
ksa & co
CHARTERED ACCOUNTANTS
Auditor’s responsibilities for the audit of the consolidated financial statements
Our objectives are to obtain reasonable assurance about whether the consolidated financial statements 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 consolidated financial statements.
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 consolidated financial statements, 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 Companies Act, 2013, we are also responsible for expressing our opinion on whether the company and its subsidiary has adequate internal financial controls in place with reference to the consolidated 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 Management and Board of Directors.
-
Conclude on the appropriateness of Management and Board of Director’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 and its subsidiary 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 consolidated financial statements 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 and its subsidiary to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the consolidated financial statements, including the disclosures, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
-
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Group, to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the audit of financial statements of such entities included in the consolidated financial statements, of which we are the independent auditors. For the other entities included in the consolidated financial statements, which have been audited by the other auditors, such other auditors remain
KCA
20, N. S. Road, Block 1A*, 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003 5536, Mobile : 9830170962
Email: [email protected]
CA
KSA & CO CHARTERED ACCOUNTANTS
responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion
- Materiality is the magnitude of miss statements in the consolidated financial statements that, individually or in aggregate, makes its probable that the economics decision of a reasonably knowledgeable user of the consolidated financial statements 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 works and (ii) to evaluate the effect of any identify miss statement in the consolidated financial statement.
We communicate with those charged with governance of the company and such other entity included in the financial statement of which we are independent auditor 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.
From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the consolidated financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditor's report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.
Report on other legal and regulatory requirements
As required by clause (xxi) of paragraph 3 of Companies (Auditor's Report) Order, 2020 ('the Order') issued by the Central Government of India in terms of section 143(11) of the Act based on the consideration of the Order reports issued by us, of companies included in the consolidated financial statements and covered under the Act we report that there are no qualifications or adverse remarks reported in the respective Order reports of such companies.
As required by Section 143(3) of the Act, we report that:
(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit;
(b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those books;
(c) The consolidated Balance Sheet, the consolidated statement of Profit and Loss and the consolidated statement of Cash Flows dealt with by this report are in agreement with the books of account;
20, N. S. Road, Block-'A', 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003 6638, Mobile : 9830170962
Email: [email protected]
CA
KSA & CO
CHARTERED ACCOUNTANTS
(d) In our opinion, the aforesaid consolidated financial statements comply with the accounting standards specified under section 133 of the Act, read with companies (Indian Accounting Standards) rules, 2015 as amended from time to time.
(e) On the basis of the written representations received from the directors as on March 31, 2026 taken on record by the board of directors, none of the directors is disqualified as on March 31, 2026 from being appointed as a director in terms of Section 164 (2) of the Act;
(f) With respect to the adequacy of the internal financial controls with reference to consolidated financial statements of the Holding Company, and its subsidiaries covered under the Act, and the operating effectiveness of such controls, refer to our separate report in ‘Annexure-I.
(g) With respect to the other matters to be included in the Auditor’s Report in accordance with the requirements of section 197 (16) of the Act, as amended, in our opinion and to the best of our information and according to the explanations given to us, the remuneration paid/provided by the Company to its directors during the year is in accordance with the provisions of section 197 of the Act.
(h) With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us.
i. The Consolidated financial statement has disclosed of pending litigations which would impact consolidated financial position of the company and its subsidiary; (Refer Note-30)
ii. The Company and its subsidiary did not have any long-term contracts including derivative contracts as on 31st March, 2026 for which there were any material foreseeable losses; and
iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company and its Subsidiary during the year ended 31st March, 2026.
iv. a. The respective managements of the Holding Company and its subsidiary incorporated in India whose financial statements have been audited under the Act have represented to us that, to the best of their knowledge and belief, no funds (which are material either individually or in aggregate) have been advanced or loaned or invested (either from borrowed funds or securities premium or any other sources or kind of funds) by the Holding Company or its subsidiaries to or in any persons or entities, including foreign entities (‘the intermediaries’), with the understanding, whether recorded in writing or otherwise, that the intermediary shall, whether, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Holding Company, or any such subsidiaries (‘the Ultimate Beneficiaries’) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries;
b. The respective managements of the Holding Company and its subsidiaries incorporated in India whose financial statements have been audited under the Act have represented to us that, to the best of their knowledge and belief, to the accompanying consolidated financial statements, no funds have been received by the Holding Company or its subsidiaries from any persons or entities, including foreign entities (‘the Funding Parties’), with the understanding, whether recorded in writing or otherwise, that the Holding Company, or any such subsidiaries, whether directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (‘Ultimate Beneficiaries’) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries; and
KALMATAS & CO.
20, N. S. Road, Block/A*, 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003 6638, Mobile : 9830170962
Email: [email protected]
CA
KSA & Co
CHARTERED ACCOUNTANTS
c Based on our audit procedures that have been considered reasonable and appropriate in the circumstances, nothing has come to our notice that has caused us to believe that the representation under sub-clauses (i) and (ii) of Rule 11(e) as provided under 16(i)(iv)(e)&(b) above contain any material misstatement.
Based on our examination which included test checks, the Holding Company and its subsidiaries, have used an accounting software for maintaining their books of account which has a feature of recording audit trail (edit log) facility and the same has been operated throughout the year for all relevant transactions recorded in the software. Further, during the course of our audit we did not come across any instance of audit trail feature being tampered with.
For KSA & Co.
Chartered Accountant
Rakesh Agrawal
(C.A RAKESH KUMAR AGARWAL)
Partner
(Membership No.: 056051)
Firm Reg. No.: 003822C
UDIN: 26056051KCVOSW6945
Place: Kolkata
Date: The 8th day of May, 2026
20, N. S. Road, Block-'A', 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003-5538, Mobile : 9830170962
Email: [email protected]
CA
KSA & CO CHARTERED ACCOUNTANTS
Annexure – I to the Independent Auditor’s Report
Annexure I to the Independent Auditor’s Report of even date to the members of L. T. Elevator Limited on the consolidated financial statements for the year ended 31 March 2026
Independent Auditor’s Report on the internal financial controls with reference to financial statements under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 (“the Act”)
In conjunction with our audit of the consolidated financial statements of L. T. Elevator Limited (“the Holding Company”) and its subsidiaries (the Holding Company and its subsidiaries together referred to as ‘the Group’), as at and for the year ended 31 March 2026, we have audited the internal financial controls with reference to consolidated financial statements of the Holding Company, as at that date.
Responsibilities of Management and Those Charged with Governance for Internal Financial Controls
The respective Board of Directors of the Holding Company and its subsidiary companies, which are companies covered under the Act, are responsible for establishing and maintaining internal financial controls based on the internal financial controls with reference to financial statements criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India. These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of the Company’s business, including adherence to the Company’s policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Act.
Auditor’s Responsibility for the Audit of the Internal Financial Controls with Reference to Consolidated Financial Statements
Our responsibility is to express an opinion on the internal financial controls with reference to financial statements of the Holding Company and its subsidiary companies as aforesaid, based on our audit. We conducted our audit in accordance with guidance note and the Standards on Auditing issued by the Institute of Chartered Accountants of India (‘ICAI’) prescribed under Section 143(10) of the Act, to the extent applicable to an audit of internal financial controls with reference to financial statements, and the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting (‘the Guidance Note’) issued by the ICAI. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls with reference to consolidated financial statements were established and maintained and if such controls operated effectively in all material respects. Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls with reference to financial statements and their operating effectiveness.
Our audit involves performing procedure to obtain audit evidence about the adequacy of internal financial controls system with reference to consolidated financial statements and their operating effectiveness. Our audit of internal financial controls with reference to consolidated financial statement included obtaining and understanding of internal financial controls with reference to consolidated financial statement assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the internal financial controls with reference to financial statements of the Holding Company and its subsidiary companies as aforesaid.
KSA & CO
20, N. S. Road, Block-7A*, 1st Floor, Room No. 15, Kolkata- 700 001
Landline: 033 4003-5536, Mobile : 9830170962
Email: [email protected]
CA
KSA & CO. CHARTERED ACCOUNTANTS
Meaning of Internal Financial Controls with Reference to Financial Statements
A company’s internal financial controls with reference to financial statements is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal financial controls with reference to financial statements include those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.
Inherent Limitations of Internal Financial Controls with Reference to Financial Statements
Because of the inherent limitations of internal financial controls with reference to financial statements, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation of the internal financial controls with reference to financial statements to future periods are subject to the risk that the internal financial controls with reference to financial statements may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
Opinion
In our opinion, the Holding Company and its subsidiary companies, which are companies covered under the Act, have in all material respects, adequate internal financial controls with reference to consolidated financial statements and such controls were operating effectively as at 31 March 2026, based on the internal financial controls with reference to consolidated financial statements criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India.
For KSA & Co.
Chartered Accountant
RAKESH AGANA
(CA RAKESH KUMAR AGARWAL)
Partner
(Membership No.: 056051)
Firm Reg. No.: 003822C
UDIN: 26056051KCVOSW6945
Place: Kolkata
Date: The 8th day of May, 2026
20, N. S. Road, Block/-A*, 1st Floor, Room No. 15, Kolkata-700 001
Landline: 033 4003-5538, Mobile: 9830170962
Email: [email protected]
L. T. ELEVATOR LIMITED
(Formerly Known as L. T. Elevator Private Limited)
CIN: L31909WB2008PLC128871
Capricorn Nest, 3, Gobinda Auddy Road, P.O. Alipore, Kolkata - 700 027
Statement of Audited Consolidated Financial Results for the half year and year ended 31st March, 2026
| Particulars | Half Year Ended | Year Ended | ||||
|---|---|---|---|---|---|---|
| March 31, 2026 | September 30, 2025 | March 31, 2025 | March 31, 2026 | March 31, 2025 | ||
| (Audited) | (Unaudited) | (Audited) | (Audited) | (Audited) | ||
| I | Revenue from Operations | 6,445.00 | 4,689.32 | 3,698.54 | 11,134.32 | 5,652.14 |
| II | Other Income | 28.76 | 9.98 | 18.12 | 38.74 | 21.77 |
| Total Income | 6,473.77 | 4,699.30 | 3,714.66 | 11,173.07 | 5,673.91 | |
| III | Expenses: | |||||
| Cost of Material Consumed | 3,329.25 | 2,239.64 | 1,451.54 | 5,568.89 | 2,607.96 | |
| Changes in Inventories | - 200.36 | 28.99 | 4.68 | - 171.37 | 294.03 | |
| Employee Benefit Expense | 698.14 | 677.18 | 515.11 | 1,375.32 | 982.36 | |
| Finance Costs | 75.51 | 92.60 | 123.62 | 168.11 | 189.60 | |
| Selling & Distribution Expense | 36.33 | 21.98 | 30.71 | 58.31 | 34.03 | |
| Depreciation and Amortization Expense | 61.72 | 43.50 | 44.98 | 105.22 | 81.38 | |
| Other Expenses | 939.73 | 730.78 | 447.25 | 1,670.51 | 820.76 | |
| Total Expenses | 4,940.30 | 3,834.68 | 2,617.89 | 8,774.98 | 4,422.07 | |
| IV | Profit Before Tax | 1,533.45 | 864.63 | 1,096.76 | 2,398.08 | 1,251.84 |
| LT. Adjusted Related to Earlier Year | 39.59 | - | 32.09 | 39.59 | 35.11 | |
| V | Tax Expense: | |||||
| (1) Current tax | 434.19 | 219.41 | 281.94 | 653.60 | 326.29 | |
| (2) Deferred tax asset/(liability) | - 3.08 | 0.25 | 3.24 | - 2.81 | 3.89 | |
| VI | Profit/(Loss) for the year | 1,056.64 | 645.46 | 785.96 | 1,702.10 | 894.34 |
| VI | Earning per Equity Share of Rs 10 each | |||||
| (1) Base | 5.51 | 3.37 | 6.15 | 8.88 | 8.50 | |
| (2) Diluted | 5.51 | 3.37 | 6.15 | 8.88 | 8.50 |
For L. T. ELEVATOR LIMITED
ARVIND GUPTA
Managing Director
DIN 00253202
HIPLAB DAS
CFO
Place : Kolkata
Dated : May 08, 2026
| L. T. ELEVATOR LIMITED
(Formerly Known as L. T. Elevator Private Limited)
CIN:L31909WB2008PLC128871
Capricorn Nest, 3, Gobinda Auddy Raod, P.O. Alipore, Kolkata - 700 027 | | |
| --- | --- | --- |
| STATEMENT OF AUDITED CONSOLIDATED ASSETS AND LIABILITIES AS AT 31ST MARCH, 2026 | | |
| (₹ in lakhs Unless Stated Otherwise) | | |
| Particulars | As at
March 31, 2026
(Audited) | As at
March 31, 2025
(Audited) |
| I. EQUITY AND LIABILITIES | | |
| (1) Shareholder's Funds | | |
| (a) Share Capital | 1,916.31 | 1,366.71 |
| (b) Reserves and Surplus | 7,335.58 | 3,176.56 |
| (2) Non Current Liabilities | | |
| (a) Long-Term Borrowings | 58.25 | 97.82 |
| (b) Long Term Provisions | 103.37 | 84.25 |
| (3) Current Liabilities | | |
| (a) Short-Term Borrowings | 1,895.28 | 1,632.35 |
| (b) Trade Payable | - | - |
| Mirco and Small Enterprises | 428.06 | 192.34 |
| Other than Mirco and Small Enterprises | 485.95 | 475.03 |
| (c) Other Current Liabilities | 1,358.66 | 1,304.88 |
| (d) Short-Term Provisions | 653.60 | 369.42 |
| Total Equity & Liabilities | 14,235.05 | 8,699.35 |
| II. ASSETS | | |
| (1) Non-Current Assets | | |
| (a) Property, Plant and Equipment | 1,786.90 | 844.72 |
| (b) Goodwill | 311.79 | 1,057.98 |
| (c) Deferred Tax Asset (Net) | 23.33 | 49.01 |
| (d) Other Non Current Assets | 541.84 | 289.71 |
| (2) Current Assets | | |
| (a) Inventories | 3,347.94 | 3,032.11 |
| (b) Trade Receivables | 4,571.84 | 2,193.93 |
| (c) Cash and cash equivalents | 1,097.19 | 427.42 |
| (d) Short Term Loans and Advances | 846.55 | 654.44 |
| (e) Other Current Assets | 1,707.67 | 150.03 |
| Total Assets | 14,235.05 | 8,699.35 |
| For L. T. ELEVATOR LIMITED | | |
| ARVIND GUPTA
Managing Director
DIN 00253202 | | USHA GUPTA
Whole time Director
DIN 02261425 |
| Place : Kolkata
Dated : May 08, 2026 | | BIPLAB DAS
CFO |
| L. T. ELEVATOR LIMITED | ||
|---|---|---|
| (Formerly Known as L. T. Elevator Private Limited) | ||
| CIN:L31909WH2008PLC128871 | ||
| Capricorn Nest, 3, Gobinda Auddy Road, P.O. Alipore, Kolkata - 700 027 | ||
| CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2026 | ||
| (Bn in Lacs) | ||
| Particulars | For year ended | |
| 31st March, 2026 | For year ended | |
| 31st March, 2025 | ||
| A. CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit Before Tax | 2,398.09 | 1,251.84 |
| Adjusted For | ||
| Depreciation and amortisation expenses | 105.22 | 81.38 |
| Provision for Gratuity | 23.34 | 16.64 |
| Interest Expenses | 168.11 | 189.60 |
| Bad Debts Written Off | - | - |
| Interest income | -27.98 | -16.81 |
| Profit on Sales of Fixed Assets / Investments | ||
| Operating profit before working capital changes | 2,666.77 | 1,522.66 |
| Adjusted For working capital Change | ||
| Trade and Other Receivables | -2,377.91 | -1,054.69 |
| Inventories | -315.83 | -1,063.51 |
| Other Current Assets | -1,564.36 | 125.73 |
| Trade and other Payables | 246.64 | 50.60 |
| Other Current Liabilities | 44.14 | 331.36 |
| Change in working capital | -3,967.32 | -1,610.51 |
| Cash Generated from Operations | -1,300.55 | -87.86 |
| Direct Taxes Paid | -362.20 | -190.59 |
| Net Cash from Operating Activities | -1,662.75 | -278.45 |
| B. CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of Fixed Asset | -1,047.40 | -73.30 |
| Sale of Fixed Assets | - | - |
| Sale of Investments | - | - |
| Increase in share capital | 3,753.32 | 756.25 |
| Capital Work-in-progress | - | - |
| Movement in short-term Loans & Advances | -185.39 | -374.97 |
| Movement in long-term Loans & Advances | - | - |
| Interest Received | 27.98 | 16.81 |
| Movement in other Non-Current assets | -252.13 | -194.47 |
| Net Cash flow from Investing Activities | 2,296.39 | 130.33 |
| C. CASH FLOW FROM FINANCING ACTIVITIES | ||
| Increase/ (Repayment of Borrowings) | 223.36 | 328.52 |
| Interest Paid | -168.11 | -189.60 |
| Other Long-Term Liabilities Paid | -19.12 | - |
| Net Cash used in Financing Activities | 36.13 | 138.92 |
| NET INCREASE / (DECREASE) IN CASH AND CASH EQUIVALENTS | 669.77 | -9.20 |
| CASH AND CASH EQUIVALENTS AS AT BEGINNING OF THE YEAR | 427.42 | 436.59 |
| CASH AND CASH EQUIVALENTS AS AT END OF THE YEAR | 1,097.19 | 427.42 |
FOR L. T. ELEVATOR, & Co.
L.T. ELEVATOR LIMITED
CIN: U31909WB2008PLC128871
(Formerly Known as L.T. Elevator Private Limited)
Corporate & Registered Office:
Capricorn Nest, 3 Gobinda Auddy Road,
P.O.: Alipore Kolkata – 700027, West Bengal India
Phone: 033-2448-0447
Email: [email protected] / Web: www.televator.com
08 May, 2026
To
The Listing Department
The BSE Limited
P J. Towers, Dalal Street, Mumbai - 400001
Scrip Code: 544518
Sub: Declaration pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to the provisions of Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) by SEBI through notification no. SEBI/LAD- NRO/GN/2016-17/001 dated May 25, 2016 and Circular No. CIR/CFD/CMD/56/2016 dated May 27, 2016, I do hereby declare and confirm that KSA & Co., Chartered Accountants (Registration No. 003822C) Statutory Auditors of the L.T. Elevator Limited (“Company”) have given an Unmodified Audit Report on the Standalone & Consolidated Audited Financial Results of the Company for the financial year ended 31 March, 2026.
We request you to take this document on record.
Thanking You,
For L. T. Elevator Limited
Arvind Gupta
Digitally signed by Arvind Gupta
Date: 2026.05.08 21:01:30
+05'30'
Arvind Gupta
(Managing Director)
DIN: 00253202
Works – 1 Vill: Chak Chata, PO.: Raipur Maheshtala, Kolkata – 700141
Works – 2 P-2, Gangarampur Road, Jhcutala, P.O. – Raipur, Maheshtala, Kolkata - 700141