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MKP Mobility Limited Earnings Release 2026
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Earnings Release
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MKP MOBILITY LTD
To
The Manager
Department of Corporate Services
BSE Ltd.
Dalal Street, Fort
Mumbai – 400 001
Sub: Outcome of Board Meeting held on May 28, 2026
Ref: Scrip Code – 521244
Dear Sir/ Madam,
This is to inform you that pursuant to Regulation 30 and Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015, the Board of Directors of the Company at their Meeting held on, Thursday, May 28, 2026 has:
- Considered and Approved the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2026.
A copy of the Audited Financial Results for the quarter and year ended March 31, 2026 and Audit Reports issued by Statutory Auditors of the Company are enclosed herewith.
Further, pursuant to Regulation 33(3)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, the Statutory Auditors of the Company, in their report issued an unmodified opinion on the Audited Financial Results for the financial year ended 31st March, 2026 and a declaration to that effect is enclosed herewith.
- Approved the appointment of M/s. Aniket Solanki and Company, Chartered Accountants (FRN: 132445W), as the Internal Auditor of the Company for the Financial Year 2026-27.
The details as required under regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith.
The meeting of the Board of Directors of the Company commenced at 3:35 P.M. and concluded at 5:30 P.M.
Thanking You,
Yours faithfully
For MKP MOBILITY LIMITED
SAHEB MAHESH
DUMBWANI
Digitally signed by SAHIB MAHESH DUMBWANI
Date: 2026.05.28 17:36:33 +07:07
Saheb Mahesh Dumbwani
Company Secretary and Compliance officer
MKP MOBILITY LIMITED
CIN: L45300PN1990PLC242336
Registered office: GAT NO.624, BEHIND VIJAY HOTEL,
WADKI NALA, Vadki, Pune, Haveli, Maharashtra, India, 412308
Email id: [email protected] Website: www.mkpmobility.com ; Mo no. +91 8799913030
Shah Khandelwal Jain & Associates
Chartered Accountants
T1 + 91.20.6721 5500
www.skjican.com
Level 3, Riverside Business Bay, Wellesley Road, Near RTO, Pune - 411 001, (MH), India
Independent Auditor's Report on Statement of Audited Standalone Annual Financial Results for the quarter and year ended March 31, 2026, of MKP Mobility Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
TO THE BOARD OF DIRECTORS OF MKP MOBILITY LIMITED (FORMERLY KNOWN AS CHITRADURGA SPINTEX LIMITED)
Report on the audit of Standalone Annual Financials Results
1. Opinion
We have audited the accompanying statement of Standalone Annual Financial Results of MKP Mobility Limited (formerly known as Chitradurga Spintex Limited) ('the Company') for the quarter and year ended March 31, 2026 attached herewith, ('the statement'), being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").
In our opinion and to the best of our information and according to the explanations given to us, the Statement:
i. Is presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended; and
ii. Give a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India, of the standalone net profit and other comprehensive income and other financial information of the Company for the quarter and year ended March 31, 2026.
2. Basis of 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 Standalone Annual 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 (ICAI) together with the ethical requirements that are relevant to our audit of the Standalone Annual 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 obtained by us, is sufficient and appropriate to provide a basis for our opinion.
Chartered Accountants
Pune
3. Management's Responsibility for the Standalone Annual Financial Results
The Statement has been prepared on the basis of the standalone annual financial statements. The Company's Board of Directors are responsible for the preparation of these Standalone Annual Financial results that give a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and 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 Annual Financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the Standalone Annual 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.
4. Auditors Responsibilities for the Audit of the Standalone Annual Financial Results
Our objectives are to obtain reasonable assurance about whether the Standalone Annual 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 Standalone Annual 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 Standalone Annual 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 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 Standalone Annual 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 Standalone Annual Financial results, including the disclosures, and whether the standalone annual financial results represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance of the Company 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.
5. Other Matter
The Standalone Annual Financial results includes the results for the quarter ended March 31, 2026 being the balancing figure between the audited figures in respect of the full financial year ended March 31, 2026 and the published unaudited year-to-date figures up to the end of the third quarter of the current financial year, as required under the Listing Regulations, which were subject to Limited Review by us.
For Shah Khandelwal Jain and Associates
Chartered Accountants
Firm Registration No: 142740W
A C Khandelwal
Ashish Khandelwal
Partner
Membership No. 049278
Place: Pune
Date: 28-05-2026
UDIN: 26049278MCZGMS1484
| MKP Mobility Limited (Formerly known as Chitradurga Spintex Limited.)
Regd. Office: GAT NO.624, Behind Vijay Hotel, Wadki Nala, Vadki, Pune, Haveli, Maharashtra, India, 412308
CIN: L45300PN1990PLC242336
Standalone Balance Sheet as at March 31, 2026 | | | |
| --- | --- | --- | --- |
| Sr No | Particulars | As at March 31, 2026 | As at March 31, 2025 |
| (I) | ASSETS | | |
| | Non-Current Assets | | |
| | (a) Property, Plant and Equipment | 7.91 | 10.54 |
| | (b) Intangible Assets under development | 2.78 | - |
| | (c) Other Intangible Assets | 0.07 | 0.28 |
| | (d) Right of use Asset | 19.39 | 1.17 |
| | (e) Financial Assets | | |
| | (i) Investments | 130.00 | 130.00 |
| | (ii) Loans and Advances | 249.49 | 202.69 |
| | (iii) Other Non Current Assets | 37.00 | 31.97 |
| | (f) Deferred Tax Assets (Net) | 4.02 | 1.53 |
| | Current Assets | | |
| | (a) Inventories | 90.69 | 75.08 |
| | (b) Financial Assets | | |
| | (i) Trade Receivables | 384.31 | 416.87 |
| | (ii) Cash and other bank balances | 11.59 | 17.14 |
| | (c) Other Current Assets | 243.72 | 231.21 |
| | Total Assets | 1,180.98 | 1,118.49 |
| (II) | EQUITY AND LIABILITIES | | |
| | Equity | | |
| | (a) Equity Share Capital | 341.10 | 341.10 |
| | (b) Other Equity | 563.29 | 382.70 |
| | Liabilities | | |
| | Non-Current Liabilities | | |
| | (a) Financial Liabilities | | |
| | (i) Lease Liability | 14.95 | - |
| | (b) Provisions | 4.25 | 2.64 |
| | Current Liabilities | | |
| | (a) Financial Liabilities | | |
| | (i) Lease Liability | 5.17 | 1.30 |
| | (ii) Trade Payables | | |
| | (A) Total outstanding dues of Micro enterprises and Small Enterprises | 63.13 | 10.25 |
| | (B) Total outstanding dues of creditors other than micro enterprises and small enterprises. | 44.38 | 5.92 |
| | (iv) Other Financial Liabilities | 59.61 | 348.70 |
| | (b) Provisions | 0.01 | - |
| | (c) Other Current Liabilities | 85.08 | 25.87 |
| | Total Equity and Liabilities | 1,180.98 | 1,118.49 |
For and on behalf of the Board of Directors of
For MKP Mobility Limited
CIN: L45300PN1990PLC242336
Jitesh Mahendra Patodia
Managing Director
DIN: 09700718
Place : Pune
Date: 28-05-2026
Aanjan Jitesh Patodia
Director
DIN: 09813961
Place : Pune
Date: 28-05-2026
MKP Mobility Limited (Formerly known as Chitradurga Spintex Limited)
Regd. Office: GAT NO.624, BENIND VIJAY HOTEL, WADKI NALA, Vadki, Pune, Haveli, Maharashtra, India, 412308
CIN: L45300PH1990PLC242336
Statement of Standalone Audited Financial Results for the Quarter and Year ended March 31, 2026
(All amounts are in Rupees lakhs, unless otherwise stated)
| Quarter Ended | Year Ended | |||||
|---|---|---|---|---|---|---|
| Particulars | 3 months ended | |||||
| 31/03/2026 | Preceding 3 | |||||
| months ended | ||||||
| 31/12/25 | Corresponding 3 months | |||||
| ended in the previous | ||||||
| year 31/03/2025 | Year ended | |||||
| 31/03/2026 | Year ended | |||||
| 31/03/2025 | ||||||
| (Audited) | ||||||
| (Refer Note 5) | (Unaudited) | (Audited) | ||||
| (Refer Note 5) | (Audited) | (Audited) | ||||
| I | Revenue From Operations | 1,003.88 | 966.67 | 871.70 | 3,626.09 | 3,184.22 |
| II | Other Income | 50.52 | 30.43 | 72.93 | 136.54 | 146.38 |
| III | Total Income (I+II) | 1,054.40 | 997.10 | 944.63 | 3,762.63 | 3,330.60 |
| IV | Expenses | |||||
| Cost of Material Consumed | - | - | - | - | - | |
| Purchases of Stock-in-Trade | 885.38 | 957.42 | 760.40 | 3,259.31 | 2,894.06 | |
| Changes in inventories of finished goods, Stock-in-Trade and work-in progress | 56.59 | (57.07) | 23.82 | (15.60) | 15.95 | |
| Employee benefits expense | 30.99 | 26.88 | 29.14 | 106.61 | 82.64 | |
| Finance Costs | 3.10 | 2.68 | 0.04 | 7.39 | 0.44 | |
| Depreciation and amortisation expenses | 3.97 | 2.45 | 1.90 | 9.77 | 7.07 | |
| Other Expenses | 46.60 | 38.63 | 70.79 | 159.14 | 176.99 | |
| Total Expenses (IV) | 1,026.63 | 970.99 | 886.09 | 3,526.62 | 3,177.16 | |
| V | Profit/(loss) before exceptional items and tax (III-IV) | 27.77 | 26.11 | 58.54 | 236.01 | 153.44 |
| VI | Exceptional items | - | - | - | - | - |
| VII | Profit/(loss) before exceptions items and tax(V-VI) | 27.77 | 26.11 | 58.54 | 236.01 | 153.44 |
| VIII | Tax Expense: | |||||
| (1) Current Tax | 6.73 | 6.50 | (0.23) | 59.15 | 23.66 | |
| (2) Deferred Tax | (2.70) | (2.27) | (1.05) | (2.80) | 35.61 | |
| IX | Profit/(Loss) for the period from continuing operations (VII-VIII) | 23.74 | 21.88 | 59.81 | 179.67 | 94.16 |
| X | Profit/(Loss) from discontinued operations | - | - | - | - | - |
| XI | Tax expenses of discontinued operations | - | - | - | - | - |
| XII | Profit/(Loss) from discontinued operations (after tax) (X-XI) | - | - | - | - | - |
| XIII | Profit/(Loss) for the period (IX+XII) | 23.74 | 21.88 | 59.81 | 179.67 | 94.16 |
| XIV | Other Comprehensive Income | |||||
| A. (I) Items that will not be reclassified to profit or loss | 0.26 | 0.45 | (0.38) | 1.23 | (0.38) | |
| Remeasurement of post employee benefit obligations | (0.07) | (0.11) | 0.10 | (0.31) | 0.10 | |
| (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 | - | - | - | - | - | |
| (II) Income tax relating to Items that will be re classified to profit or loss | - | - | - | - | - | |
| XV | Total Comprehensive Income for the period (XIII+XIV) Comprising Profit | |||||
| (Loss) and Other Comprehensive Income for the period) | 23.92 | 22.22 | 59.53 | 180.58 | 93.88 | |
| XVI | Earnings per equity (from Continuing operation): | |||||
| (1) Basic | 0.70 | 0.64 | 1.75 | 5.27 | 2.76 | |
| (2) Diluted | 0.70 | 0.64 | 1.75 | 5.27 | 2.76 | |
| XVII | Earnings per equity (for discounted operation) | |||||
| (1) Basic | - | - | - | - | - | |
| (2) Diluted | - | - | - | - | - | |
| XVIII | Earnings per equity share (from discontinued & continuing operation) | |||||
| (1) Basic | 0.70 | 0.64 | 1.75 | 5.27 | 2.76 | |
| (2) Diluted | 0.70 | 0.64 | 1.75 | 5.27 | 2.76 |
For MKP Mobility Limited
(Formerly known as Chitradurga Spintex Ltd.)
CIN: L45300PH1990PLC242336
| MKP Mobility Limited (Formerly known as Chitradurga Spintex Limited.)
Regd. Office: GAT NO.624, Behind Vijay Hotel, Wadki Nala, Vadki, Pune, Haveli, Maharashtra, India, 412308
CIN: L45300PN1990PLC242336
Standalone Cash Flow Statement for the period ended March 31, 2026
(All amounts are in Rupees lakhs, unless otherwise stated) | | |
| --- | --- | --- |
| Particulars | For the year ended March 31, 2026 | For the year ended March 31, 2025 |
| A. Cash Flow form Operating Activities | | |
| Net Profit / (Loss) before tax | 236.01 | 153.44 |
| Adjustments for: | | |
| Depreciation and Amortisation Expense | 9.77 | 7.07 |
| Interest expense on lease liability | 1.27 | 0.44 |
| Balances written off | 0.01 | (0.15) |
| Unrealised Forex Gain / Loss | (6.17) | 1.62 |
| Interest Income | (22.46) | (12.19) |
| Gain on termination of lease liability | - | (0.97) |
| Remeasurement of post employee benefit obligations | 1.23 | (0.38) |
| Operating profit / (loss) before working capital changes | 219.66 | 148.89 |
| Adjustments for: | | |
| (Increase) / decrease in other current assets | (12.51) | (87.98) |
| (Increase) / decrease in Other Current Financial Asset | - | - |
| (Increase) / decrease in Inventories | (15.60) | 15.95 |
| (Increase) / decrease in trade receivables | 38.73 | (76.28) |
| (Increase) / decrease in Other Non current Assets | (5.03) | (5.08) |
| Increase / (decrease) in trade payables | 91.35 | (63.81) |
| Increase/ (decrease) in other current liabilities | 59.21 | 24.69 |
| Increase/ (decrease) in other financial liabilities | (289.09) | 342.51 |
| Increase/ (decrease) in Non Current Employee benefit obligations | 1.62 | 2.64 |
| Net cash flow from / (used in) operating activities before tax | 88.33 | 301.51 |
| Provision for tax | (59.14) | (23.66) |
| Net cash flow from / (used in) operating activities before tax (A) | 29.19 | 277.85 |
| B. Cash flow from investing activities | | |
| Loans and Advances | (46.80) | (175.17) |
| Payment for Property, plant and equipment and intangible assets | (3.94) | (6.75) |
| Interest Income | 22.46 | 12.19 |
| Investments | - | (130.00) |
| Investment in fixed deposit | (2.07) | - |
| Net cash flow from / (used in) investing activities (B) | (30.34) | (299.73) |
| C. Cash flow from financing activities | | |
| Principal element of Lease Payment | (6.46) | (4.85) |
| Net cash flow from / (used in) financing activities (C) | (6.46) | (4.85) |
| Net increase / (decrease) in Cash and cash equivalents (A+B+C) | (7.61) | (26.73) |
| Cash and cash equivalents at the beginning of the year | 17.14 | 43.87 |
| Cash and cash equivalents at the end of the year | 9.52 | 17.14 |
Reconciliation of cash and cash equivalents as per the cash flow statement
| March 31, 2026 | March 31, 2025 | |
|---|---|---|
| Cash and cash equivalent (as per balance sheet) | 9.52 | 17.14 |
| Balance as per statement of cash flows | 9.52 | 17.14 |
For and on behalf of the Board of Directors of
For MKP Mobility Limited
CIN: L45300PN1990PLC242336
Jitesh Mahendra Patodia
Managing Director
DIN: 09700718
Place : Pune
Date: 28-05-2026
Aanjan Jitesh Patodia
Director
DIN: 09813961
Place : Pune
Date: 28-05-2026
Notes to Statement of Standalone Audited Financial Results for the quarter and year ended March 31, 2026:
1) The above results were reviewed by the Audit Committee and thereafter taken on record by the Board in its meeting held on 28th May, 2026.
2) Previous period figures have been regrouped/rearranged wherever considered necessary for fair presentation.
3) Financial Results for all the periods presented have been prepared in accordance with IND AS notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time.
4) As the Company's business activities fall within a single primary business segment viz. auto components for two wheeler and for three wheeler industry, the disclosure requirement of Indian Accounting standard (IND AS-108) "Operating segments" are not applicable.
5) The figures for the quarter ended March 31, 2026 and the corresponding previous quarter (i.e. three months ended March 31, 2025) are the balancing figures between the audited figures in respect of the full year and the published unaudited year-to-date figures up to the end of the third quarter of the respective financial years, which were subject to Limited Review.
For MKP Mobility Limited
(Formerly known as Chitradurga Spintex Limited)
CIN: L45300PN1990PLC242336
Jitesh Mahendra Patodia
Managing Director
DIN: 09700718
Place : Pune
Date: 28-05-2026
Aanjan Jitesh Patodia
Director
DIN: 09813961
Place : Pune
Date: 28-05-2026
Shah Khandelwal Jain & Associates
Chartered Accountants
T1 + 91.20.6721 5500
www.skjican.com
Level 3, Riverside Business Bay, Wellesley Road, Near RTO, Pune - 411 001, (MH), India
Independent Auditor's Report on Statement of Audited Consolidated Annual Financial Results for the quarter and year ended March 31, 2026, of MKP Mobility Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
TO THE BOARD OF DIRECTORS OF MKP MOBILITY LIMITED (FORMERLY KNOWN AS CHITRADURGA SPINTEX LIMITED)
Report on the audit of Consolidated Annual Financial Results
1. Opinion
We have audited the accompanying Statement of Consolidated Annual Financial Results of MKP Mobility Limited (formerly known as Chitradurga Spintex Limited ('the Company') and its associate for the quarter and year ended March 31, 2026 attached herewith, ('the statement'), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations')).
In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of the report of the other auditor on separate audited financial statements/financial results/financial information of the associate, the aforesaid consolidated annual financial results
i. includes the financial results of the following entities:
- A. The Company
- MKP Mobility Limited
- B. Associate
- MKP Kataria Recycling Private Limited
ii. are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended; and
iii. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India, of the consolidated net profit/loss and other comprehensive income and other financial information of the Company and of its associate for the quarter and year ended March 31, 2026.
2. Basis of Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs), as specified under Section 143(10) of the Companies Act, 2013, as amended ("the Act"). Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the Consolidated Annual Financial Results" section of our report. We are independent of the Company and its associate 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 obtained by us and the auditor of
Chartered Accountants
Pune
the associate, in terms of their report referred to in the "Other Matter" paragraph below, is sufficient and appropriate to provide a basis for our opinion. Management's Responsibility for the Consolidated Annual Financial Results
These consolidated annual financial results have been prepared on the basis of the consolidated annual financial statements.
The Company's management and the Board of Directors are responsible for the preparation and presentation of these consolidated annual financial results that give a true and fair view of the consolidated net profit/loss and other comprehensive income and other financial information of the Company and its associate in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Management and Board of Directors of the Company and of its associate are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the each Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of consolidated annual financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of consolidated annual financial results by the Management and the Board of Directors of the Company, as aforesaid.
In preparing the consolidated annual financial results, the respective Management and Board of Directors of the Company and of its associate entity are responsible for assessing the ability of each company 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 intends to liquidate the Company and of its Associate or to cease operations, or has no realistic alternative but to do so.
The respective Board of Directors of the Company and of its associate entity are responsible for overseeing the financial reporting process of the Company and of its associate.
3. Auditors Responsibilities for the Audit of the Consolidated Annual Financial Results
Our objectives are to obtain reasonable assurance about whether the consolidated annual 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 Consolidated Annual 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 Consolidated Annual 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
A
collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the company has 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 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 appropriateness of this assumption. 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 Annual 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 and its associate to cease to continue as a going concern.
- Evaluate the overall presentation, structure and content of the Consolidated Annual Financial Results, including the disclosures, and whether the consolidated annual financial results represent the underlying transactions and events in a manner that achieves fair presentation.
- For the associate entity included in the Consolidated Annual Financial Results, which has been audited by other auditor, such other auditor remains responsible for the direction, supervision and performance of the audit carried out by them. We remain solely responsible for our audit opinion. Our responsibilities in this regard are further described in the "Other Matter" paragraph in this audit report.
We communicate with those charged with governance of the Company 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.
4. Other Matter
The consolidated annual financial results also include the Group share of net loss of Rs. 3.65 Lakhs for the year ended March 31, 2026, as considered in the consolidated annual financial results, in respect of one associate, whose financial statements/financial information / financial results have been audited by their respective independent auditors. These financial statements / financial information have been audited by other auditors whose reports have been furnished to us by the Management and our opinion on the consolidated financial results, in so far as it relates to the amounts and disclosures included in respect of these associates, is based solely on the reports of the other auditors and the procedures performed by us as stated above.
Our opinion on the consolidated annual financial results is not modified in respect of the above matter with respect to our reliance on the work done and the report of the other auditors.
The consolidated annual financial results includes the results for the quarter ended March 31, 2026, being the balancing figure between the audited figures in respect of the financial year ended March 31, 2026, and the published unaudited year-to-date figures up to the end of the third quarter of the current financial year, as required under the Listing Regulations, which were subject to Limited Review by us.
For Shah Khandelwal Jain and Associates
Chartered Accountants
Firm Registration No: 142740W
A. C. Khandelwal
Ashish Khandelwal
Partner
Membership No. 049278
Place: Pune
Date: 28-05-2026
UDIN: 26049278JCXHXS3064
MKP Mobility Limited (Formerly known as Chitradurga Spintex Limited.)
Regd. Office: GAT NO.624, Behind Vijay Hotel, Wadki Nala, Vadki, Pune, Haveli, Maharashtra, India, 412308
CIN: L45300PN1990PLC242336
Consolidated Balance Sheet as at March 31, 2026
| Sr No | Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|---|
| (I) | ASSETS | ||
| Non-Current Assets | |||
| (a) Property, Plant and Equipment | 7.91 | 10.54 | |
| (b) Intangible Assets under development | 2.78 | - | |
| (c) Other Intangible Assets | 0.07 | 0.28 | |
| (d) Right of use Asset | 19.39 | 1.17 | |
| (e) Financial Assets | |||
| (i) Investments | 59.97 | 63.62 | |
| (ii) Loans and Advances | 249.49 | 202.69 | |
| (iii) Other Non Current Assets | 37.00 | 31.97 | |
| (f) Deferred Tax Assets (Net) | 4.02 | 1.53 | |
| Current Assets | |||
| (a) Inventories | 90.69 | 75.08 | |
| (II) | EQUITY AND LIABILITIES | ||
| Equity | |||
| (a) Equity Share Capital | 341.10 | 341.10 | |
| (II) | (b) Other Equity | 493.26 | 316.33 |
| Liabilities | |||
| Non-Current Liabilities | |||
| (a) Financial Liabilities | |||
| (a) Financial Liabilities | (i) Lease Liability | 14.95 | - |
| (b) Provisions | 4.25 | 2.64 | |
| Current Liabilities | |||
| (a) Financial Liabilities | |||
| (a) Financial Liabilities | (i) Lease Liability | 5.17 | 1.30 |
| (ii) Trade Payables | |||
| (a) Total outstanding dues of Micro enterprises and Small Enterprises | 63.13 | 10.25 | |
| (b) Total outstanding dues of creditors other than micro enterprises and small enterprises. | 44.38 | 5.92 | |
| (iv) Other Financial Liabilities | 59.61 | 348.70 | |
| (b) Provisions | 0.01 | - | |
| (c) Other Current Liabilities | 85.08 | 25.87 | |
| Total Equity and Liabilities | 1,110.95 | 1,052.11 |
For and on behalf of the Board of Directors of
For MKP Mobility Limited
CIN: L45300PN1990PLC242336
Jitesh Mahendra Patodia
Managing Director
DIN: 09700718
Place : Pune
Date: 28-05-2026
Aanjan Jitesh Patodia
Director
DIN: 09813961
Place : Pune
Date: 28-05-2026
MKP Mobility Limited (Formerly known as Chitradurga Spintex Limited)
Regd. Office: GAT NO.624, BEHIND VIJAY HOTEL, WADKI NALA, Vadhi, Pune, Haveli, Maharashtra, India, 412308
CIN: L45300PN1990PLC242336
Consolidated of Standalone Audited Financial Results for the Quarter and Year ended March 31, 2020
(All amounts are in Rupees lakhs, unless otherwise stated)
| Quarter Ended | Year Ended | |||||
|---|---|---|---|---|---|---|
| Particulars | 3 months ended | |||||
| 31/03/2026 | Preceding 3 | |||||
| months ended | ||||||
| 31/12/25 | Corresponding 3 months | |||||
| ended in the previous | ||||||
| year 31/03/2025 | Year ended | |||||
| 31/03/2026 | Year ended | |||||
| 31/03/2025 | ||||||
| (Audited) | ||||||
| (Refer Note 5) | (Unaudited) | (Audited) | ||||
| (Refer Note 5) | (Audited) | (Audited) | ||||
| I | Revenue From Operations | 1,003.88 | 966.67 | 871.70 | 3,626.09 | 3,184.22 |
| II | Other Income | 50.52 | 30.43 | 72.93 | 136.54 | 146.38 |
| III | Total Income (I+II) | 1,054.40 | 997.09 | 944.63 | 3,762.63 | 3,330.60 |
| IV | Expenses | |||||
| Cost of Material Consumed | ||||||
| Purchases of Stock-in-Trade | 885.38 | 957.42 | 760.40 | 3,259.31 | 2,894.06 | |
| Changes in Inventories of finished goods, Stock-in-Trade and work-in progress | 56.59 | (57.07) | 23.82 | (15.60) | 15.95 | |
| Employee benefits expense | 30.99 | 26.88 | 29.14 | 106.61 | 82.64 | |
| Finance Costs | 3.10 | 2.68 | 0.04 | 7.39 | 0.44 | |
| Depreciation and amortisation expenses | 3.97 | 2.45 | 1.90 | 9.77 | 7.07 | |
| Other Expenses | 46.60 | 38.63 | 70.79 | 159.14 | 176.99 | |
| Total Expenses (IV) | 1,026.64 | 971.00 | 886.09 | 3,526.62 | 3,177.16 | |
| V | Profit before share of profit/(Loss) from Associate, exceptional Items and tax (III-IV) | 27.77 | 26.11 | 58.54 | 236.01 | 153.44 |
| Share of profit/(Loss) from Associate | 14.98 | 10.40 | 7.99 | (4.75) | (65.94) | |
| VI | Profit/(Loss) before exceptional items and tax ( | 42.74 | 36.51 | 66.53 | 231.26 | 87.50 |
| Exceptional Items | ||||||
| VII | Profit/(Loss) Before Tax | 42.74 | 36.51 | 66.53 | 231.26 | 87.50 |
| VIII | Tax Expense: | |||||
| (1) Current Tax | 6.73 | 6.50 | (0.23) | 59.14 | 23.66 | |
| (2) Deferred Tax | (2.70) | (2.27) | (1.05) | (2.80) | 35.61 | |
| IX | Profit/(Loss) for the period from continuing operations (VII-VIII) | 38.71 | 32.28 | 67.81 | 174.92 | 28.22 |
| X | Profit/(Loss) from discontinued operations | |||||
| XI | Tax expenses of discontinued operations | |||||
| XII | Profit/(Loss) from discontinued operations (after tax) (X-XI) | |||||
| XIII | Profit/(Loss) for the period (IX+XII) | 38.71 | 32.28 | 67.81 | 174.92 | 28.22 |
| XIV | Other Comprehensive Income | |||||
| A. (I) Items that will not be reclassified to profit or loss | ||||||
| Remeasurement of post employee benefit obligations | 1.59 | 0.45 | (0.90) | 2.55 | (0.90) | |
| (II) Income tax relating to Items that will not be reclassified to profit or loss | (0.29) | (0.11) | 0.18 | (0.54) | 0.18 | |
| B. (I) Items that will be reclassified to profit or loss | ||||||
| (II) Income tax relating to Items that will be re classifies to profit or loss | ||||||
| XV | Total Comprehensive Income for the period (XIII+XIV) Comprising Profit (Loss) and Other Comprehensive Income for the period) | 40.01 | 32.62 | 67.09 | 176.94 | 27.50 |
| XVI | Earnings per equity (from Continuing operation): | |||||
| (1) Basic | (In Rs.) | 1.13 | 0.95 | 1.99 | 5.13 | |
| (2) Diluted | (In Rs.) | 1.13 | 0.95 | 1.99 | 5.13 | |
| XVII | Earnings per equity (for discounted operation) | |||||
| (1) Basic | ||||||
| (2) Diluted | ||||||
| XVIII | Earning per equity share (from discontinued & continuing operation) | |||||
| (1) Basic | (In Rs.) | 1.13 | 0.95 | 1.99 | 5.13 | |
| (2) Diluted | (In Rs.) | 1.13 | 0.95 | 1.99 | 5.13 |
For MKP Mobility Limited
(Formerly known as Chitradurga Spintex Ltd.)
CIN: L45300PN1990PLC242336
Jitesh Mahendra Patodia
Managing Director
DIN: 09700718
Date: 28-05-2026
Place : Pune
Aanjan Jitesh Patodia
Director
DIN: 09813961
Date: 28-05-2026
Place : Pune
| MKP Mobility Limited (Formerly known as Chitradurga Spintex Limited.)
Regd. Office: GAT NO.624, Behind Vijay Hotel, Wadki Nala, Vadki, Pune, Haveli, Maharashtra, India, 412308
CIN: L45300PN1990PLC242336
Consolidated Cash Flow Statement for the period ended March 31, 2026
(All amounts are in Rupees lakhs, unless otherwise stated) | | |
| --- | --- | --- |
| Particulars | For the year ended March 31, 2026 | For the year ended March 31, 2025 |
| A. Cash Flow form Operating Activities | | |
| Net Profit / (Loss) before tax | 231.26 | 87.50 |
| Adjustments for: | | |
| Depreciation and Amortisation Expense | 9.77 | 7.07 |
| Interest expense on lease liability | 1.27 | 0.44 |
| Balances written off | 0.01 | (0.15) |
| Unrealised Forex Gain / Loss | (6.17) | 1.62 |
| Interest Income | (22.46) | (12.19) |
| Gain on termination of lease liability | - | (0.97) |
| Remeasurement of post employee benefit obligations | 1.23 | (0.90) |
| Loss from Associate | 4.75 | 66.38 |
| Operating profit / (loss) before working capital changes | 219.66 | 148.80 |
| Adjustments for: | | |
| (Increase) / decrease in other current assets | (12.51) | (87.98) |
| (Increase) / decrease in Other Current Financial Asset | - | - |
| (Increase) / decrease in Inventories | (15.60) | 15.95 |
| (Increase) / decrease in trade receivables | 38.73 | (76.28) |
| (Increase) / decrease in Other Non current Assets | (5.03) | (5.08) |
| (Increase) / decrease) in trade payables | 91.35 | (63.81) |
| Increase/ (decrease) in other current liabilities | 59.21 | 24.69 |
| Increase/ (decrease) in other financial liabilities | (289.09) | 342.51 |
| Increase/ (decrease) in Non Current Employee benefit obligations | 1.62 | 2.64 |
| Net cash flow from / (used in) operating activities before tax | 88.33 | 301.42 |
| Provision for tax | (59.14) | (23.57) |
| Net cash flow from / (used in) operating activities before tax (A) | 29.19 | 277.85 |
| B. Cash flow from investing activities | | |
| Loans and Advances | (46.80) | (175.17) |
| Payment for Property, plant and equipment and intangible assets | (3.94) | (6.75) |
| Interest Income | 22.46 | 12.19 |
| Investments | - | (130.00) |
| Investment in fixed deposit | (2.07) | - |
| Net cash flow from / (used in) investing activities (B) | (30.34) | (299.73) |
| C. Cash flow from financing activities | | |
| Principal element of Lease Payment | (6.46) | (4.85) |
| Net cash flow from / (used in) financing activities (C) | (6.46) | (4.85) |
| Net increase / (decrease) in Cash and cash equivalents (A+B+C) | (7.61) | (26.73) |
| Cash and cash equivalents at the beginning of the year | 17.14 | 43.87 |
| Cash and cash equivalents at the end of the year | 9.52 | 17.14 |
Reconciliation of cash and cash equivalents as per the cash flow statement
| March 31, 2026 | March 31, 2025 | |
|---|---|---|
| Cash and cash equivalent (as per balance sheet) | 9.52 | 17.14 |
| Balance as per statement of cash flows | 9.52 | 17.14 |
For and on behalf of the Board of Directors of
For MKP Mobility Limited
CIN: L45300PN1990PLC242336
Notes to Statement of Consolidated Audited Financial Results for the quarter and year ended March 31, 2026 :
1) The above results were reviewed by the Audit Committee and thereafter taken on record by the Board in its meeting held on 28th May, 2026.
2) Previous period figures have been regrouped/rearranged wherever considered necessary for fair presentation.
3) Financial Results for all the periods presented have been prepared in accordance with IND AS notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time.
4) As the Company's business activities fall within a single primary business segment viz. auto components for two wheeler and for three wheeler industry, the disclosure requirement of Indian Accounting standard (IND AS- 108) "Operating segments" are not applicable.
5) The figures for the quarter ended March 31, 2026 and the corresponding previous quarter (i.e. three months ended March 31, 2025) are the balancing figures between the audited figures in respect of the full year and the published unaudited year-to-date figures up to the end of the third quarter of the respective financial years, which were subject to Limited Review.
For MKP Mobility Limited
(Formerly known as Chitradurga Spintex Limited)
CIN: L45300PN1990PLC242336
Jitesh Mahendra Patodia
Managing Director
DIN: 09700718
Place : Pune
Date: 28-05-2026
Aanjan Jitesh Patodia
Director
DIN: 09813961
Place : Pune
Date: 28-05-2026
MKP MOBILITY LTD
Date: May 28, 2026
To
The Manager
Department of Corporate Services
BSE Ltd.
Dalal Street, Fort
Mumbai – 400 001
Ref: Scrip Code – 521244
Sub: Declaration pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
Pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We, hereby declare that M/s. Shah Khandelwal Jain and Associates (FRN-142740W), Chartered Accountants, Statutory Auditor have issued an Audit Report with unmodified opinion on Audited Financial Statements of the Company for the financial year ended on March 31, 2026.
Kindly take this declaration on your records.
Thanking You
For MKP Mobility Limited
Jitesh Mahendra Patodia
Managing Director
DIN: 09700718
MKP MOBILITY LIMITED
CIN: L45300PN1990PLC242336
Registered office: GAT NO.624, BEHIND VIJAY HOTEL,
WADKI NALA, Vadki, Pune, Haveli, Maharashtra, India, 412308
Email id: [email protected] Website: www.mkpmobility.com ; Mo no. +91 8799913030
MKP MOBILITY LTD
Details for Appointment of Internal Auditor of the Company
| Particulars | Details |
|---|---|
| Reason for change viz. appointment, re appointment, resignation, removal, death or otherwise; | Appointment of M/s. Aniket Solanki and Company, Chartered Accountants (FRN: 132445W), as the Internal Auditor of the Company. |
| Date of appointment/re-appointment/cessation (as applicable) & term of appointment/re appointment; | Board approved the appointment for the financial year 2026-27 in its meeting held on May 28, 2026 |
| Brief Profile (In case of appointment) | M/s. Aniket Solanki and Company, Chartered Accountants (FRN: 132445W) is having an experience in the field of accounting, statutory audit, internal audit and GST. |
| The firm is registered with the Institute of Chartered Accountants of India (ICAI) | |
| Disclosure of relationship between Directors (In case of appointment of Director) | Not Applicable |
MKP MOBILITY LIMITED
CIN: L45300PN1990PLC242336
Registered office: GAT NO.624, BEHIND VIJAY HOTEL,
WADKI NALA, Vadki, Pune, Haveli, Maharashtra, India, 412308
Email id: [email protected] Website: www.mkpmobility.com ; Mo no. +91 8799913030