Gyan Developers and Builders Ltd Reports Financial Results and Submits Revised Auditor's Report

Gyan Developers and Builders Ltd Reports Financial Results and Submits Revised Auditor's Report
<h1>Gyan Developers and Builders Ltd Reports Financial Results and Submits Revised Auditor's Report</h1>

Gyan Developers & Builders Limited has submitted a revised Standalone Auditor's Report following discrepancies observed in the original presentation format, affirming that the substance of the audit opinion and financial results remains unchanged. The company also released its latest financial statements, reflecting various aspects of its operational performance, assets, and liabilities for the period ending March 31, 2026.

The financial results indicate the performance metrics of the company. For the quarter ended March 31, 2026, Total Income stood at 35,168 (in Rs. Thousands), derived from Net Sales/Revenue from operations of 35,167 and Other Income of 93. The company recorded a Profit or Loss before Tax of 13,706 for the year to date.

Key figures from the financial statements comparison are presented below:

Financial Metric (in Rs. Thousands)Quarter Ended Mar 31, 2026 (Audited)Corresponding Period
Net Sales / Revenue from operations900Q1 FY26
Total Income1,550Q1 FY26
Profit or Loss before Tax(444)Q1 FY26
Net Profit from ordinary activities after tax(2)Q1 FY26

The company's financial strength is detailed in the Statement of Assets and Liabilities. Total Assets as of March 31, 2026, were 47,735 (in Rs. Thousands), compared to 51,743 in the previous year.

Significant movements in assets include:

Asset CategoryValue on 31.03.2026 (Rs. Thousands)Value on 31.03.2025 (Rs. Thousands)
Total Assets47,73551,743
Inventories15,38811,740
Non-Current Assets Sub Total8,6807,412

The company's equity structure shows that Shareholders' Funds stood at 47,616 (in Rs. Thousands), comprising Equity Share Capital of 30,000 and Other Equity of 17,616. Total Liabilities matched the total assets at 47,735.

The Cash Flow Statement for the year ended March 31, 2026, provides insights into operating activities. Net Cash flow from Operating Activities stood at (2,35,993) (in Rs. in 100's), while Cash generated from Operations was (1,99,714).

Cash Flow highlights:

ActivityFigure on 31.03.2026 (Rs. in 100's)Figure on 31.03.2025 (Rs. in 100's)
Net profit before tax and extraordinary items(4,441)1,37,057
Cash generated from Operations(1,99,714)2,45,642
Net cash flow from Operating Activities(2,35,993)2,45,642

The company's management and board are responsible for the preparation of these results, which are presented on the basis of interim financial statements. The audit committee reviewed these results in their meeting held on March 30, 2026.

Stock Price Movement​

Gyan Developers & Builders Ltd settled at ₹54.00 during the post-market trading session, reporting no change for shares. The stock remained entirely locked throughout the day, with shares trading completely flat as the high and low both matched ₹54.00.
 

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