AVP Infracon Limited Approves FY26 Financial Results and Appoints Auditors
AVP Infracon Limited, formerly AVP Infracon (P)LTD & AVP Constructions (P)LTD, announced several key corporate approvals and released its financial results for the year ended March 31, 2026. Following a Board meeting held on May 18, 2026, the Board considered and approved the audited financial statements and appointed new professional auditors for the financial year 2025-26.The Company also confirmed that there was no variation or deviation in the utilization of proceeds from the Initial Public Offer (IPO) for the half year ended March 31, 2026.
Professional Appointments
The Board meeting approved the following professional appointments for the financial year 2025-26:- Cost Auditor: M/s N. Sivashankaran & Co., Cost Accountant, was appointed as the Cost Auditor.
- Internal Auditor: M/s. SETHURAMAN PRABU & ASSOCIATES, Practicing Chartered Accountants, was appointed as the Internal Auditor.
Financial Results Overview
The Company released its audited financial statements, including standalone and consolidated results, for the year ended March 31, 2026, along with the audited financial results for the half year ended March 31, 2026.Standalone Statement of Assets and Liabilities (in Rs. Lakhs)
The balance sheet data provides a comparison of the Company's financial position:| Particulars | As at 31st March, 2026 (Audited) | As at 31st March, 2025 (Audited) |
|---|---|---|
| SHAREHOLDERS' FUNDS | ||
| Share Capital | 2,497.92 | 2,497.92 |
| Reserves and Surplus | 14,330.51 | 10,118.50 |
| Money received against share warrants | 1,000.00 | - |
| LONG-TERM BORROWINGS | ||
| Long-Term Borrowings | 3,357.98 | 2,827.00 |
| Deferred Tax Liabilities (Net) | 185.18 | 91.04 |
| Long-Term Provisions | 10.66 | 18.22 |
| TOTAL EQUITY AND LIABILITIES | 45,437.55 | 31,864.76 |
| NON-CURRENT ASSETS | ||
| Property, Plant & Equipment | 7,706.29 | 4,788.36 |
| Non-Current Investments | 1,383.98 | 1,102.76 |
| Other Non Current Assets | 4,962.65 | 2,392.60 |
| TOTAL NON-CURRENT ASSETS | 14,052.92 | 8,283.72 |
| TOTAL ASSETS | 45,437.55 | 31,864.76 |
Note: All amounts are in Rs. Lakhs.
Standalone Statement of Audited Financial Results (in Rs. Lakhs)
The profit and loss statement details the revenue and expenses for the reporting period:| Particulars | Half Year Ended 31st March, 2026 (Audited) | Year Ended 31st March, 2026 (Audited) |
|---|---|---|
| Total Income | 30,527.8 | 762,796 |
| Total Expenses | 20,567.49 | 3,326,436 |
| Profit Before Tax | 248,529 | 55,645.1 |
| Profit/(Loss) For The Period | N/A | 332,739 |
| Earnings per Equity Share (Basic) | N/A | 1,325.13 |
Consolidated Statement of Audited Financial Results (in Rs. Lakhs)
The consolidated figures show the group's performance:| Particulars | Half Year Ended 31st March, 2026 | Year Ended 31st March, 2026 |
|---|---|---|
| Total Income | 24,631.30 | 4,327,183 |
| Total Expenses | 21,981.77 | 24,959.77 |
| Profit Before Tax | 2,649.53 | 453,738 |
| Earnings per Equity Share (Basic) | N/A | 331.00 |
Convertible Warrant Details
The Company previously allotted 20,00,000 Convertible Equity Share Warrants on a preferential basis to "Promoter & Promoter Group" and "Non-Promoter" on September 18, 2025.Key transaction details include:
- Issue Price: Rs. 200 per warrant.
- Subscription Price (25%): Rs. 50 per warrant.
- Warrant Exercise Price (75%): Rs. 150 per warrant.
- Total Funds Received: Rs. 10,00,00,000 was received as the subscription amount.
Each warrant grants the holder the right to apply for one fully paid-up equity share with a face value of Rs. 10.00 upon payment of the remaining balance of Rs. 150.00 per warrant.
AVPINFRA Stock Price Movement
As of 12:37 PM, shares of AVP Infracon Limited are shedding 4.95% in live trading, currently marking ₹86.4. The equity has seen increased intraday activity, registering a substantial total traded volume of 44,800 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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