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Nilkanth Engineering Ltd. Interim / Quarterly Report 2026
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Interim / Quarterly Report
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NILKANTH ENGINEERING LIMITED
CIN NO: L27300MH1983PLC029360
Regd. Office: 407, Kalbadevi Road, Daulat Bhawan, 3rd Floor, Mumbai – 400 002
Mob: 77000 00763, Email: [email protected]
Website: www.nilkanthengineering.co.in
May 23, 2026
Deputy Listing Manager,
Listing Compliance
BSE Limited
P. J. Tower,
Dalal Street, Fort,
Mumbai 400 001
Dear Sir,
Ref: Scrip Code: 512004
Sub: Outcome of the Board Meeting
This is to inform you that the Board of Directors at its meeting held on Saturday, May 23, 2026 approved the Audited Financial Results (Standalone and Consolidated) for the 4th Quarter and year ended 31st March, 2026
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the following:
a) Approved Audited Financial Results (Standalone and Consolidated) for the 4th Quarter and year ended 31st March, 2026.
b) The Report of our Statutory Auditors’ M/s P K J & Co., Chartered Accountants on the above results.
c) The Declaration of un-modified opinion of the Statutory Auditors’ Report by the Board of Directors.
The Meeting was commenced at 3.30 pm and concluded on 4.30 pm
Please take the above documents on record and oblige.
Thanking you.
Yours faithfully,
For NILKANTH ENGINEERING LIMITED
Shiksha Agrawal
Managing Director
(DIN – 02597523)
| NILKANTH ENGINEERING LIMITED CIN: L27300MH1983PLC029360 Regd. Office: 407, Kalbadevi Road, Daulat Bhavan, 3rd Floor, Mumbai - 400 002 E-mail: [email protected] Website: www.nilkanthengineering.co.in | ||||||
|---|---|---|---|---|---|---|
| Audited Standalone Financial Results for the quarter and year ended 31st March 2026 | ||||||
| (Figures # in Lacs except EPS) | ||||||
| Sr. No. | Particulars | Quarter Ended | Year Ended | |||
| 31.03.2026 | 31.12.2025 | 31.03.2025 | 31.03.2026 | 31.03.2025 | ||
| Audited | Unaudited | Audited | Audited | Audited | ||
| 1 | Revenue from Operations | - | - | - | - | - |
| 2 | Other Income | 6.80 | 5.99 | 6.39 | 24.78 | 24.35 |
| 3 | Total Income (1 + 2) | 6.80 | 5.99 | 6.39 | 24.78 | 24.35 |
| 4 | Expenses | |||||
| a) Cost of materials consumed | - | - | - | - | - | |
| b) Purchases of stock-in-trade | - | - | - | - | - | |
| c) Changes in inventories of finished goods | - | - | - | - | - | |
| work-in-progress | - | - | - | - | - | |
| d) Employee benefits expenses | 3.77 | 1.70 | 1.25 | 8.93 | 3.64 | |
| e) Depreciation and amortisation expenses | 8.02 | 8.19 | 9.13 | 32.51 | 36.81 | |
| f) Finance costs | - | - | - | - | - | |
| g) Other expenses | 2.74 | 4.31 | 4.10 | 14.92 | 10.98 | |
| Total expenses | 14.53 | 14.20 | 14.48 | 56.36 | 51.43 | |
| 5 | Profit / (Loss) before exceptional items (3 - 4) | (7.73) | (8.21) | (8.09) | (31.58) | (27.08) |
| 6 | Exceptional Items | - | - | - | - | - |
| 7 | Profit / (Loss) before tax (5 - 6) | (7.73) | (8.21) | (8.09) | (31.58) | (27.08) |
| 8 | Tax expense | |||||
| - Current year's Tax | - | - | 0.61 | - | 1.53 | |
| - Deferred Tax | (0.47) | - | (0.04) | (0.49) | 3.01 | |
| - Earlier year's tax adjustments | (0.00) | - | - | (0.00) | 0.01 | |
| 9 | Net Profit / (Loss) from ordinary activities after tax (7 - 8) | (7.26) | (8.21) | (8.66) | (31.09) | (31.63) |
| 10 | Other Comprehensive Income | |||||
| Items that will be reclassified to profit or loss | - | - | - | - | - | |
| Items that will not be reclassified to profit or loss | ||||||
| Actuarial Gain / (Loss) | 0.31 | - | (0.09) | 0.30 | (0.14) | |
| Fair Value measurement on Investments | 0.01 | - | - | (524.71) | 424.12 | |
| Tax on above | 2.61 | - | - | 62.64 | (51.40) | |
| 11 | Total Comprehensive Income for the period (net of tax) | (4.33) | (8.21) | (8.75) | (492.86) | 340.95 |
| 12 | Paid-up equity share capital (Face Value # 10/- per share) | 124.50 | 124.50 | 124.50 | 124.50 | 124.50 |
| 13 | Reserves excluding Revaluation Reserves | (506.21) | (13.35) | |||
| 14 | Earning per share (EPS) | |||||
| (of # 10/- each) (not annualised): | ||||||
| Basic and Diluted | (0.58) | (0.66) | (0.70) | (2.50) | (2.54) | |
| STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 2026
₹ in Lakhs | | |
| --- | --- | --- |
| PARTICULARS | As At
31.03.2026
(AUDITED) | As At
31.03.2025
(AUDITED) |
| ASSETS | | |
| 1. Non-Current Assets | | |
| (a) Property, plant and equipment | 494.95 | 527.46 |
| (b) Financial Assets | | |
| i) Investments | 485.87 | 1,010.60 |
| ii) Other Financial Assets | 13.61 | 5.73 |
| (c) Deferred Tax Assets (Net) | 27.22 | - |
| | 1,021.65 | 1,543.79 |
| 2. Current Assets | | |
| (a) Financial Assets | | |
| i) Cash and Cash Equivalents | 3.56 | 5.36 |
| (b) Other Current Assets | 97.29 | 100.82 |
| (c) Current Tax Assets (Net) | 2.59 | 0.99 |
| | 103.44 | 107.17 |
| TOTAL - ASSETS | 1,125.09 | 1,650.96 |
| EQUITY AND LIABILITIES | | |
| 1. Equity | | |
| (a) Equity Share Capital | 124.50 | 124.50 |
| (b) Other Equity | (506.21) | (13.35) |
| | (381.71) | 111.15 |
| 2. Liabilities | | |
| Non-Current Liabilities | | |
| (a) Provisions | 2.81 | 0.98 |
| (b) Deferred Tax Liabilities (Net) | - | 35.92 |
| | 2.81 | 36.90 |
| 3. Current Liabilities | | |
| (a) Financial Liabilities | | |
| i) Other Financial Liabilities | 1,500.20 | 1,500.00 |
| (b) Other Current Liabilities | 3.78 | 2.91 |
| (c) Provisions | 0.01 | 0.00 |
| | 1,503.99 | 1,502.91 |
| TOTAL - EQUITY AND LIABILITIES | 1,125.09 | 1,650.96 |
1 These Standalone Financial Results for the quarter/year ended 31st March, 2026 and the Consolidated Financial Results for the year ended 31st March, 2026 have been reviewed by the Audit Committee and subsequently approved at the meeting of the Board of Directors held on 23rd May, 2026.
2 This statement has been prepared in accordance with companies (Indian Accounting Standards) Rules, 2015 (Ind AS), prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.
3 The Company operates mainly in the business segment of fund based leasing & financing activity. All other activities revolve around the main business. Further, all activities are carried out within India. As such, there are no separate reportable segments as per the provisions of IND AS 108 on 'Operating Segments'.
4 The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour codes viz the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the "Codes"). The Codes have been made effective from November 21, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations.
The incremental impact of these changes as assessed by the Company, on the basis of the information available, consistent with the guidance provided by The Institute of Chartered Accountants of India, is not material and has been recognised in the standalone financial results of the Company for the quarter and year ended March 31, 2026. The Company continues to monitor the developments pertaining to Labour Codes and will evaluate impact, if any, on the measurement of liability pertaining to employee benefits.
5 The figures for the quarter ended March 31, 2026 and March 31, 2025 are the balancing figures between audited figures in respect of full financial year and the unaudited published year to date figures up to nine months ended December 31, 2025 and December 31, 2024 which were subject to limited review.
6 Figures of the corresponding previous period have been regrouped wherever necessary.
For Nilkanth Engineering Limited
Shiksha Agrawal
Managing Director
DIN: 02597523
Place : Mumbai
Date : 23rd May, 2026
NILKANTH ENGINEERING LIMITED
CIN: L27300MH1983PLC029360
Regd. Office: 407, Kalbadevi Road, Daulat Bhavan, 3rd Floor, Mumbai-400 002
E-mail: [email protected]
Website: www.nilkanthengineering.co.in
Standalone Cash Flow Statement for the year ended 31st March, 2026
₹ in Lakhs
| Particulars | Year Ended
31.03.2026
(Audited) | Year Ended
31.03.2025
(Audited) |
| --- | --- | --- |
| A. CASH FLOW FROM OPERATING ACTIVITIES: | | |
| Net profit before taxation and extraordinary items | (31.58) | (27.08) |
| Adjustments for: | | |
| Depreciation and amortisation expense | 32.51 | 36.81 |
| Provision for Expenses | 3.78 | 2.92 |
| Property, Plant & Equipments Written off | 0.01 | - |
| Prepaid Expenses | 0.66 | 0.59 |
| Operating Profit before working capital changes | 5.38 | 13.24 |
| Increase/(Decrease) in Sundry Payables & Other Liabilities | (9.19) | 7.83 |
| (Increase)/Decrease in Trade & Other Receivables | (0.58) | (2.32) |
| Cash generated from operations | (4.39) | 18.75 |
| Less: Direct Taxes paid | (2.59) | 19.38 |
| Net Cash Flow from operating activities before extraordinary items | (1.80) | (0.63) |
| Adjustments for Prior Period Items | - | - |
| Net Cash Flow from operating activities | (A) | (1.80) |
| B. CASH FLOW FROM INVESTING ACTIVITIES: | | |
| Net Cash from/(used) in Investing activities | (B) | - |
| C. CASH FLOW FROM FINANCING ACTIVITIES: | | |
| Net Cash from/(used) in financing activities | (C) | - |
| Net Increase/(Decrease) in Cash & Cash Equivalents (A+B+C) | (1.80) | (0.63) |
| Cash & Cash Equivalents as at beginning of period | 5.36 | 5.99 |
| Cash & Cash Equivalents as at end of period | 3.56 | 5.36 |
| Cash and cash equivalents consist of cash on hand and balances with banks. | | |
| Cash on hand | 31.03.2026 | 31.03.2025 |
| Balance in current account | 0.03 | 0.00 |
| Cash and cash equivalents as restated | 3.53 | 5.36 |
For Nilkanth Engineering Limited
Shiksha Agarwal
Managing Director
DIN: 02597523
Place: Mumbai
Date: 23rd May, 2026
PKJ & CO.
Chartered Accountants
Independent Auditors' Report on the Quarterly and Year to Date Audited Standalone Financial Results pursuant to the Regulation 33 and 52 read with Regulation 63(2) of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
To,
The Board of Directors,
Nilkanth Engineering Limited
Report on the audit of the Standalone Financial Results
Opinion
We have audited the accompanying standalone financial results of Nilkanth Engineering Limited ("the Company") for the quarter and year ended March 31, 2026 ("standalone financial results") attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 and Regulation 52 read with Regulation 63(2) 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 Standalone Financial Results:
i. are presented in accordance with the requirements of Regulation 33 and Regulation 52 read with Regulation 63(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended; and
ii. gives 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 net loss and total comprehensive income and other standalone financial information of the Company for the quarter and year then ended March 31, 2026.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under Section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those Standards are further described in paragraph (a) of Auditor’s Responsibilities section below. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ("the ICAI") together with the ethical requirements that are relevant to our audit of the Standalone Financial Results for the year ended March 31, 2026 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 ICAI’s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.
Management’s Responsibilities for the Statement
This Standalone Financial Results which includes the Standalone Financial Results is the responsibility of the Company’s Board of Directors and has been approved by them for the issuance. The Standalone Financial Results has been compiled from the related audited Standalone Financial statements. This responsibility includes the preparation and presentation of the Standalone Financial Results for the quarter and year ended March 31, 2026 that give a true and fair view of the net loss and other comprehensive
Head Office : 002, Gulmohar Complex, Opp. Anupam Cinema, Station Road, Goregaon (East), Mumbai - 400063
Branch Office : 804, Horizon Tower, Opp. Jaipur Stock Exchange, J L N Marg, Jaipur - 302018
Tel. No. : 22-2686 5205 / 98194 72226 / 88794 46599 • E-mail : [email protected]
PKJ & CO.
Chartered Accountants
loss and other financial information in accordance with the recognition and measurement principles laid down in the 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 the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Standalone Financial Results that give a true and fair view and is free from material misstatement, whether due to fraud or error.
In preparing the Standalone 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 financial reporting process of the Company.
Auditor’s Responsibilities
Our objectives are to obtain reasonable assurance about whether the Standalone Financial Results as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Standalone 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 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 made by the Board of Directors.
-
Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the Listing Regulations.
-
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
2
PKJ & CO.
Chartered Accountants
the ability of the Company 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 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 Financial Results, including the disclosures, and whether the Standalone Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
- Obtain sufficient appropriate audit evidence regarding the Standalone Financial Results of the Company to express an opinion on the Standalone Financial Results.
Materiality is the magnitude of misstatements in the Standalone Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Standalone Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Standalone Financial Results.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matter
The Standalone Financial Results includes the results for the Quarter ended March 31, 2026 being the balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year which were subject to limited review by us.
Our report on the Standalone Financial Results is not modified in respect of these matters.
For and on behalf of
PKJ & CO.
Chartered Accountants
Firm Regn No. 124115W
(Badam Jain)
Partner
Membership No. 071026
Place : Mumbai
Date : 23.05.2026
UDIN : 26071026UVXOTI8253
| NILKANTH ENGINEERING LIMITED CIN: L27300MH1983PLC029360 Regd. Office: 407, Kalbadevi Road, Daulat Bhavan, 3rd Floor, Mumbai - 400 002 E-mail: [email protected] Website: www.nilkanthengeering.co.in | ||||||
|---|---|---|---|---|---|---|
| Audited Consolidated Financial Results for the quarter and year ended 31st March, 2026 | ||||||
| (Figures ₹ in Lacs except EPS) | ||||||
| Sr. No. | Particulars | Quarter Ended | Year Ended | Year Ended | ||
| 31.03.2026 | 31.12.2025 | 31.03.2025 | 31.03.2026 | 31.03.2025 | ||
| Audited | Unaudited | Audited | Audited | Audited | ||
| 1 | Revenue from Operations | - | - | - | - | - |
| 2 | Other Income | 6.80 | 5.99 | 6.39 | 24.78 | 24.35 |
| 3 | Total Income (1 + 2) | 6.80 | 5.99 | 6.39 | 24.78 | 24.35 |
| 4 | Expenses | |||||
| a) Cost of materials consumed | - | - | - | - | - | |
| b) Purchases of stock-in-trade | - | - | - | - | - | |
| c) Changes in inventories of finished goods | ||||||
| work-in-progress | - | - | - | - | - | |
| d) Employee benefits expenses | 3.77 | 1.70 | 1.25 | 8.93 | 3.64 | |
| e) Depreciation and amortisation expenses | 8.02 | 8.19 | 9.13 | 32.51 | 36.81 | |
| f) Finance costs | - | - | - | - | - | |
| g) Other expenses | 2.74 | 4.31 | 4.10 | 14.92 | 10.98 | |
| Total expenses | 14.53 | 14.20 | 14.48 | 56.36 | 51.43 | |
| 5 | Profit / (Loss) before exceptional items (3 - 4) | (7.73) | (8.21) | (8.09) | (31.58) | (27.08) |
| 6 | Share of Profit/(Loss) of Associates | 48.35 | 41.30 | 298.18 | 235.89 | 389.63 |
| 7 | Profit Before Exceptional Item and Tax (5 + 6) | 40.62 | 33.09 | 290.09 | 204.31 | 362.55 |
| 8 | Exceptional Items | |||||
| 9 | Profit / (Loss) before tax (7-8) | 40.62 | 33.09 | 290.09 | 204.31 | 362.55 |
| 10 | Tax expense | |||||
| - Current year's Tax | - | - | 0.61 | - | 1.53 | |
| - Deferred Tax | (0.47) | - | (0.04) | (0.49) | 3.01 | |
| - Earlier year's tax adjustments | (0.00) | - | - | (0.00) | 0.01 | |
| 11 | Net Profit / (Loss) from ordinary activities after tax (9 - 10) | 41.09 | 33.09 | 289.52 | 204.80 | 358.00 |
| 12 | Other Comprehensive Income | |||||
| Items that will be reclassified to profit or loss | - | - | - | - | - | |
| Items that will not be reclassified to profit or loss | ||||||
| Actuarial Gain / (Loss) | 0.31 | - | (0.09) | 0.30 | (0.14) | |
| Fair Value measurement on Investments | (15.08) | 0.36 | (0.34) | (706.01) | (145.20) | |
| Tax on above | (4.00) | (0.06) | 19.94 | 70.93 | 104.13 | |
| 13 | Total Comprehensive Income for the period (net of tax) | 22.32 | 33.39 | 309.03 | (429.98) | 316.79 |
| 14 | Profit attributable to : | |||||
| Owners of the Company | 41.09 | 33.09 | 289.52 | 204.80 | 358.00 | |
| Non-Controlling Interest | - | - | - | - | - | |
| 41.09 | 33.09 | 289.52 | 204.80 | 358.00 | ||
| 15 | Other Comprehensive Income (net of tax) attributable to : | |||||
| Owners of the Company | (18.77) | 0.30 | 19.51 | (634.78) | (41.21) | |
| Non-Controlling Interest | - | - | - | - | - | |
| (18.77) | 0.30 | 19.51 | (634.78) | (41.21) | ||
| 16 | Total Comprehensive Income attributable to : | |||||
| Owners of the Company | 22.32 | 33.39 | 309.03 | (429.98) | 316.79 | |
| Non-Controlling Interest | - | - | - | - | - | |
| 22.32 | 33.39 | 309.03 | (429.98) | 316.79 | ||
| 17 | Paid-up equity share capital (Face Value ₹ 10/- per share) | 124.50 | 124.50 | 124.50 | 124.50 | 124.50 |
| 18 | Reserves excluding Revaluation Reserves | 4,692.12 | 4,843.65 | |||
| 19 | Earning per share (EPS) | |||||
| (of ₹ 10/- each) (not annualised) : | ||||||
| Basic and Diluted | 3.30 | 2.66 | 23.25 | 16.45 | 28.75 |
NILKANTH ENGINEERING LIMITED
| CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 2026 | ||
|---|---|---|
| As At | ||
| 31.03.2026 | ||
| (Audited) | As At | |
| 31.03.2025 | ||
| (Audited) | ||
| 1. Non-Current Assets | ||
| (a) Property, plant and equipment | 494.95 | 527.46 |
| (b) Financial Assets | ||
| i) Investments | 5,684.20 | 5,867.60 |
| ii) Other Financial Assets | 13.61 | 5.74 |
| (c) Deferred Tax Assets (Net) | 27.22 | - |
| 6,219.98 | 6,400.80 | |
| 2. Current Assets | ||
| (a) Financial Assets | ||
| i) Cash and Cash Equivalents | 3.56 | 5.36 |
| (b) Other Current Assets | 97.29 | 100.81 |
| (c) Current Tax Assets (Net) | 2.59 | 0.99 |
| 103.44 | 107.16 | |
| TOTAL - ASSETS | 6,323.42 | 6,507.96 |
| EQUITY AND LIABILITIES | ||
| 1. Equity | ||
| (a) Equity Share Capital | 124.50 | 124.50 |
| (b) Other Equity | 4,692.12 | 4,843.65 |
| 4,816.62 | 4,968.15 | |
| 2. Liabilities | ||
| Non-Current Liabilities | ||
| (a) Provisions | 2.81 | 0.98 |
| (b) Deferred Tax Liabilities (Net) | - | 35.92 |
| 2.81 | 36.90 | |
| 3. Current Liabilities | ||
| (a) Financial Liabilities | ||
| i) Other Financial Liabilities | 1,500.20 | 1,500.00 |
| (b) Other Current Liabilities | 3.78 | 2.91 |
| (c) Provisions | 0.01 | 0.00 |
| 1,503.99 | 1,502.91 | |
| TOTAL - EQUITY AND LIABILITIES | 6,323.42 | 6,507.96 |
For Nilkanth Engineering Limited
Sivisha Agrawal
Shiksha Agrawal
Managing Director
DIN: 02597523
Place: Mumbai
Date: 23rd May, 2026
| NILKANTH ENGINEERING LIMITED
CIN: L27300MH1983PLC029360
Regd. Office: 407, Kalbadevi Road, Daulat Bhavan, 3rd Floor, Mumbai-400 002
E-mail: [email protected]
Website: www.nilkanthengeering.co.in
Consolidated Cash Flow Statement for the year ended 31st March 2026
(Figures if in Laos) | | |
| --- | --- | --- |
| Particulars | Year Ended | |
| | 31.03.2026
(Audited) | 31.03.2025
(Audited) |
| A. CASH FLOW FROM OPERATING ACTIVITIES:
Net profit before taxation and extraordinary items
Adjustments for: | (31.58) | (27.08) |
| Depreciation and amortisation expense | 32.51 | 36.81 |
| Provision for Expenses | 3.78 | 2.92 |
| Property, Plant & Equipments Written Off | 0.01 | - |
| Prepaid Expenses | 0.66 | 0.59 |
| Operating Profit before working capital changes | 5.38 | 13.24 |
| (Increase)/Decrease in Trade & Other Receivables | (0.58) | 7.83 |
| Increase/(Decrease) in Sundry Payables & Other Liabilities | (9.19) | (2.32) |
| Cash generated from operations | (4.39) | 18.75 |
| Less: Direct Taxes paid | (2.59) | 19.38 |
| Net Cash Flow from operating activities before extraordinary items | (1.80) | (0.63) |
| Adjustments for Prior Period Items | - | - |
| Net Cash Flow from operating activities (A) | (1.80) | (0.63) |
| B. CASH FLOW FROM INVESTING ACTIVITIES: | | |
| Sale of Investments (net) | - | - |
| Purchase of Investments | - | - |
| Purchase of Property, Plant and Equipment | - | - |
| Net Cash from/(used) in Investing activities (B) | - | - |
| C. CASH FLOW FROM FINANCING ACTIVITIES: | | |
| Net Cash from/(used) in financing activities (C) | - | - |
| Net Increase/(Decrease) in Cash & Cash Equivalents (A+B+C) | (1.80) | (0.63) |
| Cash & Cash Equivalents as at beginning of period | 5.36 | 5.99 |
| Cash & Cash Equivalents as at end of period | 3.56 | 5.36 |
| Cash and cash equivalents consist of cash on hand and balances with banks. | 31.03.2026 | 31.03.2025 |
| Cash on hand | 0.03 | 0.00 |
| Balance in current account | 3.53 | 5.36 |
| Cash and cash equivalents as restated | 3.56 | 5.36 |
For Nilkanth Engineering Limited
(Sniksha Agrawal)
Managing Director
DIN: 02597523
Place: Mumbai
Date: 23rd May, 2026
PKJ & CO.
Chartered Accountants
Independent Auditor's Report on the Quarterly and Year to Date Audited
Consolidated Financial Results pursuant to the Regulation 33 and 52 read with Regulation 63(2) of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
To,
The Board of Directors,
Nilkanth Engineering Limited
Report on the audit of the Consolidated Financial Results
Opinion
We have audited the accompanying statement of quarterly and year to date consolidated financial results of Nilkanth Engineering Limited ('the Parent Company') and its three Associate Companies (the Parent Company and its Associates together referred to as "the Group") for the quarter ended March 31, 2026 and for the year ended March 31, 2026 ("Statement"), attached herewith, being submitted by the Parent 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 information furnished to us by the management for the associate company, the Statement;
i. includes the results of the following entities:
- Nilkanth Engineering Limited
- Jatayu Textiles & Industries Limited
- Osiris Online Private Limited
- Sushree Trading Limited
ii. are presented in accordance with the requirements of the Listing Regulations in this regard; and
iii. gives a true and fair view in conformity with the applicable accounting standards, and other accounting principles generally accepted in India, of the consolidated net loss and other comprehensive income and other financial information of the Group for the quarter ended March 31, 2026 and of the consolidated net loss and other comprehensive loss and other financial information of the Group for the year ended March 31, 2026.
Basis for 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 Financial Results" section of our report. We are independent of the Group 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 consolidated 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 other auditor in terms of their report referred to in "Other Matter" paragraph below, insufficient and appropriate to provide a basis for our opinion.
(Cont..2)
Head Office : 002, Gulmohar Complex, Opp. Anupam Cinema, Station Road, Goregaon (East), Mumbai - 400063
Branch Office : 804, Horizon Tower, Opp. Jaipur Stock Exchange, J L N Marg, Jaipur - 302018
Tel. No. : 22-2686 5205 / 98194 72226 / 88794 46599 • E-mail : [email protected]
PKJ & CO.
Chartered Accountants
- 2 *
Management's Responsibilities for the Consolidated Financial Results
This Consolidated Financial Results which includes the Consolidated Financial Results is the responsibility of the Parent Company's Board of Directors and has been approved by them for the issuance. The Consolidated Financial Results has been compiled from the related audited Consolidated Financial statements. This responsibility includes the preparation and presentation of the Consolidated Financial Results for the quarter and year ended March 31, 2026 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 the 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 the assets of the respective companies and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Consolidated Financial Results that give a true and fair view and is free from material misstatement, whether due to fraud or error.
In preparing the Consolidated Financial Statements, the 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 management either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.
The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group.
Auditor's Responsibilities for the Audit of the Consolidated Financial Results
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.
(Cont..3)
PKJ & CO. MUMBAI
Chartered Accountants
PKJ & CO.
Chartered Accountants
-
3 *
-
Obtain an understanding of internal financial controls 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 Group has adequate internal financial controls system 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.
-
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 Group'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 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 Group 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.
Materiality is the magnitude of misstatements in the Statement that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Statement may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Statement.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
We also performed procedures in accordance with the Circular No. CIR/CFD/CMD1/44/2019 dated March 29, 2019 issued by the Securities Exchange Board of India under Regulation 33 (8) of the Listing Regulations, to the extent applicable.
Other Matters
The financial statements/information comprised in the Group's Consolidated Financial Statements are inclusive of Parent Company's share in the net profit of its three associate companies amounting to Rs.48.34 Lacs and Rs. 235.88 Lacs for the quarter and year ended March 31, 2026 respectively. It also includes share of Other Comprehensive Loss of Rs.21.69 Lacs and Rs. 173.00 Lacs for the quarter and year ended March 31, 2026 respectively, which financial statements/financial information have not been audited by us. These financial statements have been audited by other auditors, whose reports have been furnished to us by the management of the Parent Company and our opinion on the consolidated financial statements, in so far as it relates to the said amounts and disclosures based solely on the report of such other auditors.
(Cont..4)
P K J & CO.
PKJ & CO.
Chartered Accountants
- 4 *
Our opinion on the Statement is not modified in respect of the above matters with respect to our reliance on the financial statements audited by other auditors.
The Statement 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 third quarter of the current financial year, which were subjected to a limited review by us, as required under the Listing Regulations.
Our report on the Consolidated Financial Results is not modified in respect of these matters.
For and on behalf of
PKJ & CO.
Chartered Accountants
Firm Regn No. 124115W
(Padam Jain)
Partner
Membership No. 071026
Place : Mumbai
Date : 23.05.2026
UDIN : 26071026RBJWGU7303
NILKANTH ENGINEERING LIMITED
CIN NO: L27300MH1983PLC029360
Regd. Office: 407, Kalbadevi Road, Daulat Bhawan, 3rd Floor, Mumbai – 400 002
Mob: 77000 00763, Email: [email protected]
Website: www.nilkanthengineering.co.in
May 23, 2026
Deputy Listing Manager,
Listing Compliance
BSE Limited
P. J. Tower,
Dalal Street, Fort,
Mumbai 400 001
Dear Sir,
Ref: Scrip Code: 512004
Sub: Declaration pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding Statutory Auditors’ Report
Pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby declare that Our Statutory Auditor M/s P K J & Co., Chartered Accountants, have issued unmodified opinion in respect of the Audited Financial Results (Standalone and Consolidated) of the Company for the year ended 31st March, 2026
Kindly take the above declaration on record.
Thanking you.
Yours faithfully,
For NILKANTH ENGINEERING LIMITED
Shiksha Agrawal
Managing Director
(DIN – 02597523)
