Crown Lifters Limited Announces Audited Results and Approves Key Corporate Transactions

Crown Lifters Limited Announces Audited Results and Approves Key Corporate Transactions

Crown Lifters Limited Announces Audited Results and Approves Key Corporate Transactions​

Crown Lifters Limited announced that its Board of Directors held a meeting on May 14, 2026, to consider and approve the audited standalone financial results for the fourth quarter and the full year ended March 31, 2026. The meeting also approved related party transactions and the re-appointment of the company's internal auditor.

During the board meeting, the company’s statutory auditors provided an audit report with an unmodified opinion on the financial results for the year ended March 31, 2026.

Board Approvals and Key Appointments​

The board, based on the recommendation of the Audit Committee, approved several key matters:

  • The Audited Standalone Financial Results of the Company for the fourth quarter and year ended March 31, 2026, along with the Audit Report and a declaration regarding the Audit Report with an unmodified opinion.
  • Approved transactions with related party entered as per Section 188 of the Companies Act, 2013.
  • The re-appointment of M/s. Mehul N Mehta & Associates, Chartered Accountants, as the Internal Auditor for the Financial Year 2026-27.

The details concerning the re-appointment of the internal auditor are as follows:

ParticularsDetails
Name of the CompanyCrown Lifters Limited
Name of the AuditorMehul Mehta (Mehul N Mehta & Associates)
ReasonRe-appointment
Date of AppointmentMay 14, 2026
Terms of Appointment/ReappointmentFinancial Year 2026-2027

Financial Highlights for FY2026​

The company's financial performance data for the quarter and year ended March 31, 2026, shows significant operational figures.

Statement of Financial Results (Rs in Lakhs)

ParticularsQuarter Ended 31-03-26 (Audited)Quarter Ended 31-12-25 (Un-Audited)Quarter Ended 31-03-25 (Audited)Year Ended 31-03-26 (Audited)Year Ended 31-03-25 (Audited)
Revenue from operations1,162.07850.151,113.993,971.913,503.45
Other Income56.4974.3359.05279.36192.62
Total Income from Operation1,218.56924.481,173.044,251.263,696.07
Cost of Material Consumed372.56301.65297.781,277.78941.83
Employee Benefits Expense153.40123.4895.60486.17376.51
Finance Cost137.60108.44111.32443.56333.41
Depreciation and amortization expense236.84127.92168.77736.25598.83
Other Expenses5.1052.4860.22114.15134.55
Total Expenses905.50713.97733.693,057.912,385.13
Net Profit / (Loss) for the period221.54166.72325.45887.101,898.01

Balance Sheet Summary​

The standalone balance sheet reveals the company's financial position as of March 31, 2026, compared to the previous year.

Standalone Balance Sheet (Rs. in lakhs)

ParticularsAs at 31 March 2026As at 31 March 2025
Total Non-current Assets15,368.8012,420
Total Current Assets6,089.195,501.64
Total Assets21,457.9917,921.7
Total Equity7,737.836,182.42
Total Non-current liabilities5,311.217,216.16
Total Current liabilities8,408.954,523.08
Total Equity and Liabilities21,457.9917,921.7

Cash Flow Statement Summary​

The company’s cash flow statement provides an overview of cash generation and usage over the financial year.

Standalone Cash Flow Statement (Rs. in lakhs)

ParticularsFor Year ended 31-Mar-26For Year ended 31-Mar-25
Net cash generated by operating activities948.84,094.63
Net cash (used in)/generated by investing activities-2,250.57-5,346.73
Net cash used in financing activities1,198.231,321.22
Net increase / (decrease) in cash and cash equivalents-103.5469.12
Cash and cash equivalents at the end of the year15.41118.95

CROWN Stock Price Movement​

Today, Crown Lifters Limited shares slipped by 0.33% to settle at ₹132.25. The stock traded today with a total volume of 10,535 shares.
 

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