Mahaalaxmi Texpro Announces Financial Results and Board Outcomes for Quarter and Year Ended March 31, 2026
Mahaalaxmi Texpro Limited, formerly known as Abhishek Corporation Limited, announced the outcomes of its Board Meeting held on May 29, 2026. The company also released its audited standalone financial results for the quarter and the year ended March 31, 2026.The Board of Directors of Mahaalaxmi Texpro Limited approved the audited standalone financial results, which cover the quarter and year ended March 31, 2026, along with the Statement of Assets and Liabilities and the statement of Cash Flows as of March 31, 2026.
Financial Performance Highlights
The company’s comprehensive financial statements for the quarter and year ended March 31, 2026, are presented below.Statement of Standalone Audited Results (Part I)
| Particulars | 3.03.26 (Audited) | 31.12.25 (Unaudited) | 31.03.25 (Audited) | 31-03.26 (Audited) | 31-03.25 (Audited) |
|---|---|---|---|---|---|
| Revenue From Operations (Gross) | - | - | 80.60 | . | 4622 |
| Other Operating Income | L | L4 | |||
| Other Income | 6.92 | - | 330.38 | 8.03 | 33149 |
| Total Revenue (1+2) | 6.92 | - | 410.98 | 8.03 | 79370 |
| Cost of Material Consumed | A | P | " | « | |
| Purchases of Stock -in - Trade | - | - | - | . | |
| Changes in inventories of Finished Goods, WIP and stock -in- Trade | - | - | S | 3 | |
| Employee Benefits expenses | 1.89 | 1.85 | 70.35 | 10.30 | 310.56 |
| Finance Cost (Depreciation & Amortisation Expenses) | 1275 | 12.83 | 64.03 | 51.23 | 243.69 |
| Operating and Other Expenses | 070 | 2293 | 293.09 | 759.80 | |
| Total Expenses | 15.35 | 37.60 | 427.47 | 143.58 | 1,314.06 |
| Profit (loss) before exceptional items and tax (3-4) | (8.43) | (37.60) | (16.49) | (135.54) | (520.36) |
| Exceptional items | . | - (37.60) | (2158.70) | - | (2,008.16) |
| Profit (loss) Before Tax (5-6) | (8.43) | (2,175.19) | (135.54) | (2,528.52) | |
| Net profit (loss) after tax | (8.43) | (37.60) | (2,175.19) | (135.54) | (2,528.52) |
| Total Comprehensive Income for the period | (8.43) | (37.60) | (2175.19) | (135.54) | (2,528.52) |
| Paid up Equity Share Capital (Face Value Rs.10 each,Fully Paid) | 336.96 | 336.96 | 33696 | 336.96 | 33696 |
| Earning Per share (EPS) Basic | (0.25) | 0112) | (64.55) | (4.02) | (75.04) |
***
Note: Amounts are in Lakhs, unless otherwise specified.
Statement of Assets & Liabilities as at March 31, 2026
| Particulars | As at 31/03/2026 | As at 31/03/2025 |
|---|---|---|
| ASSETS | ||
| Non-current assets: | ||
| Property, Plant and equipment | 31150 | |
| Total non-current assets | 478.71 | 631.93 |
| Current assets: | ||
| Inventory | ||
| Trade receivables | - | 204.15 |
| Cash and Cash equivalents | 48.47 | 49.19 |
| Bank Balance other than trade receivables | ||
| Loans and Advances | 72.43 | 42.61 |
| Other current assets | - | 0.29 |
| Total Current assets | 120.90 | 296.24 |
| Total Assets | 599.61 | 928.17 |
| EQUITY AND LIABILITIES | ||
| Equity: | ||
| Equity Share Capital | 336.96 | 336.96 |
| Other Equity | (509.37) | (373.83) |
| Total Equity | (172.41) | (36.87) |
| Non-current liabilities: | ||
| Provisions | 1529 | 7.86 |
| Current Liabilities: | ||
| Short-Term Borrowings | 672.84 | 702.83 |
| Trade payables | 62.05 | 127.82 |
| Other current Liabilities | 21.84 | 126.53 |
| Total Equity and Liabilities | 957.18 | 928.17 |
Statement of Cash Flow for the Year Ended March 31
| Particulars | Year Ended 31-03-26 | Year Ended 31-03-25 |
|---|---|---|
| Cash flow from operating activities: | ||
| Profit/(Loss) before tax | (135.54) | (2,528.52) |
| Adjustment for: Depreciation and amortisation expense | 51.23 | 243.69 |
| Operating profit before working capital changes | (84.31) | (278.06) |
| Adjustment for: | ||
| (Increase)/Decrease in trade receivables | 204.15 | (204.88) |
| (Increase)/Decrease in other current assets | 0.29 | 476.15 |
| (Increase)/Decrease in Trade Payables | (65.77) | (639.95) |
| Increase/(Decrease) in Other Current Liabilities/Provisions | (97.26) | (594.52) |
| Net cash from operating activity | (42.91) | (1,241.26) |
| Cash flow from investing activities: | ||
| (Increase)/Decrease in Deposits / Loans and Advances | (29.82) | (12.04) |
| (Increase)/Decrease in Fixed Assets | - | 3,693.28 |
| Net cash from investing activity | 7217 | 3,730.29 |
| Cash flow from financing activity: | ||
| Term Borrowings | (29.99) | (3,230.52) |
| Net cash from financing activity | (29.99) | (3,230.52) |
| Net increase/(Decrease) in cash & cash equivalents | (0.73) | (741.49) |
| Cash & Cash equivalent at the end of the period | 49.19 | 79069 |
Board Meeting Details
The Board of Directors meeting was held on May 29, 2026. The meeting commenced at 2:00 p.m. and concluded at 4:30 p.m.For Mahaalaxmi Texpro Limited, Deepak Choudhari acted as the Chairman and Managing Director, while Nasima Kagadi served as the Company Secretary and Compliance Officer.
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