Continental Controls Announces Financial Results for Q4 and FY2026; Secretary Resigns
Continental Controls Ltd held its Board of Directors meeting on April 15, 2026, approving the audited financial results for the quarter and year ended March 31, 2026. During the meeting, the Board also accepted the resignation of the Company Secretary and appointed key service providers for the upcoming postal ballot process.The financial results for the fourth quarter and the full year ended March 31, 2026, were reviewed and approved by the Board.
Financial Performance Highlights
The company released its Audited Standalone Financial Results, detailing the performance for the quarter and the year ending March 31, 2026.The consolidated financial data is presented below:
| Particulars | Units | FY Ended March 31, 2026 (Audited) | FY Ended March 31, 2025 (Audited) |
|---|---|---|---|
| Total Revenue (1+2) | (Lakhs) | 2302 | 18.81 |
| Total Expenses | (Lakhs) | 34.75 | 11.15 |
| Profit/ (Loss) before tax | (Lakhs) | (11.73) | 7.65 |
| Profit/ (Loss) for the year | (Lakhs) | (11.73) | 7.65 |
| Total Comprehensive Income for the year | (Lakhs) | (11.73) | 18.81 |
| Paid-up Equity Share Capital | (Lakhs) | 61463 | 61463 |
| Total Assets | (Lakhs) | 212.23 | 223.06 |
The company’s Statement of Cash Flows indicated a Net cash from operating activities of 204.03 lakhs for the year ended March 31, 2026, compared to 14.65 lakhs in the previous year.
Balance Sheet and Financial Position
The Balance Sheet for the year ended March 31, 2026, showed total assets of 212.23 lakhs, down from 223.06 lakhs in the previous year.The key figures for Assets and Equity & Liabilities are summarized in the table below:
| Particulars (Lakhs) | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|
| TOTAL ASSETS | 212.23 | 223.06 |
| Equity Share Capital | 61463 | 61463 |
| TOTAL EQUITY AND LIABILITIES | 212.23 | 223.06 |
Governance and Operations Updates
The Board approved a Postal Ballot Notice dated April 15, 2026, for members to vote on key resolutions. The company fixed Friday, April 17, 2026, as the ‘Cut-off Date’ for determining eligible voting members.For the postal ballot process, Purva Sharegistry (India) Private Limited was appointed to provide e-voting and remote e-voting facilities. The e-voting period is scheduled from Wednesday, April 22, 2026, at 09:00 AM, until Thursday, May 21, 2026, at 05:00 PM. Additionally, Mr. Abhishek Wagh, proprietor of M/s Abhishek Wagh & Associates, was appointed as the Scrutinizer for conducting the Postal Ballot.
Key Personnel Change
The Board accepted the resignation of Ms. Jyoti Darade from the position of Company Secretary and Compliance Officer, effective from the close of business hours on April 15, 2026, allowing her to pursue career opportunities outside the company.The Company’s statutory auditors, M/s Rafik & Associates, Chartered Accountants, issued an Audit Report providing an unmodified opinion on the Standalone Financial Results for the quarter and year ended March 31, 2026. The auditor’s report noted several areas for emphasis, including that the company was subjected to a ransomware attack on January 30, 2026, requiring reconstruction of financial data.
Stock Price Movement
As of 10:14, Continental Controls Ltd shares are dipping slightly, holding at ₹10.11, which represents a 1.94% drop. The stock has remained completely locked at the ₹10.11 price point, keeping the intraday range identical.Source:
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