Cash Ur Drive Marketing Limited Announces Audited Results and IPO Fund Utilization Report
Cash Ur Drive Marketing Limited (formerly Cash Ur Drive Marketing Private Limited) announced the approval of its audited financial results and the details of its Initial Public Offering (IPO) proceeds utilization for the half-year and full financial year ending March 31, 2026. The company's Board of Directors approved the results during a meeting held on May 28, 2026.The audited statements, covering both consolidated and standalone figures, received an unmodified opinion from the independent auditor, Khurana Sharma & Co. Chartered Accountants.
Financial Performance Overview
The company reported its financial results for the consolidated period. For the year ended March 31, 2026, the company recorded Total Revenue from operations of 19,237.94 lakh. Over the period, the group achieved a profit of 1,876.45 lakh, compared to no comparable figures in the previous year.The audited figures for the consolidated statements are as follows:
| Financial Metric | As of March 31, 2026 (Lakhs) | As of March 31, 2025 (Lakhs) |
|---|---|---|
| Total Equity and Liabilities | 20,365.16 | 0.00 |
| Total Assets | 20,365.16 | 0.00 |
| Reserves and Surplus | 11,947.38 | 0.00 |
| Profit/(Loss) for the Period | 1,876.45 | 0.00 |
Consolidated Statement of Profit and Loss
The consolidated Profit and Loss Account shows a steady revenue generation while showing year-on-year growth in key components:| Particulars | 31.03.2026 (Lakhs) | 31.03.2025 (Lakhs) |
|---|---|---|
| Total Revenue from Operations | 19,237.94 | 0.00 |
| Total Expenses | 13,557.03 | 0.00 |
| Profit/(Loss) for the Period | 1,876.45 | 0.00 |
| Earning per equity share (Basic) | 21.42 | 0.00 |
IPO Proceeds Utilization Details
The company released a Statement of Details Showing IPO Proceeds for the period from April 1, 2025, to March 31, 2026. The total proceeds raised through the IPO were 5,809.70 lakh.The utilization of these funds was tracked across different categories during the reporting period:
| Purpose | Amount as per Document (Lakhs) | Amount utilized as of March 31, 2026 (Lakhs) |
|---|---|---|
| Investment in Technology | 531.00 | 22.16 |
| Capital Expenditure | 597.49 | - |
| Funding the Working Capital requirement | 3,300.00 | 3,291.20 |
| General Corporate Purposes | 858.41 | 841.26 |
| IPO Expenses | 522.80 | 471.76 |
| Total Proceeds | 5,809.70 | 5,126.38 |
The utilization statement also noted that an amount of 2 Crore remained unutilized from the IPO proceeds as of the balance sheet date, as the underlying transaction for a previous payment was revised/deferred, resulting in the return of the funds.
Financial Positions at Year-End
The Consolidated Balance Sheet as of March 31, 2026, details the financial structure of the group.| Particulars | 31.03.2026 (Lakhs) | 31.03.2025 (Lakhs) |
|---|---|---|
| Equity and Liabilities | ||
| Share Capital | 1,764.58 | 0.00 |
| Reserves and Surplus | 11,947.38 | 0.00 |
| Long-term borrowings | 117.06 | 0.00 |
| Short-term borrowings | 16.62 | 0.00 |
| Total Equity and Liabilities | 20,365.16 | 0.00 |
| Assets | ||
| Property, Plant and Equipment | 214.04 | 0.00 |
| Non-current investments | 3,284.58 | 0.00 |
| Trade receivables | 7,481.67 | 0.00 |
| Cash and cash equivalents | 3,325.39 | 0.00 |
The annual audit report provided an unmodified opinion on the consolidated financial statements of the group, confirming that the financial statements give a true and fair view.
CUDML Stock Price Movement
Cash Ur Drive Marketing Limited shares edged higher on Wednesday, settling at ₹156.15, marking a gain of 9.81%. The stock traded within a range of ₹148.25 to ₹162.8, with a total volume of 12,000 shares recorded.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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