Mauria Udyog Ltd

Directors vacated

• Birendra Kumar, Non-Executive Independent Director, ceasing Aug 13, 2026 for absence from all board meetings in 12 months.
• Veena Agarwal, Non-Executive Non-Independent Director, ceasing Aug 13, 2026 for absence from all board meetings.

Financials

• Standalone Q1 FY2026: revenue from operations ₹10,936.96 Lacs; total income ₹11,026.08 Lacs.
• Standalone PAT ₹486.88 Lacs; basic and diluted EPS ₹0.37.
• Consolidated Q1 FY2026: revenue ₹10,936.96 Lacs; total income ₹11,026.08 Lacs; PAT ₹486.70.
• Consolidated EPS ₹0.37; total comprehensive income ₹488.53 Lacs.
• Trade receivables gross ₹10,236.29 Lacs; provision ₹3,924.43; net ₹6,311.86 Lacs.
• Long-outstanding trade receivables classified as non-current; net ₹6,311.86 Lacs.
• OTS with Prudent ARC: ₹2,300.00 Lacs payable till Dec 2026; current liabilities.
• SEBI final order dated 30 Jun 2026; management challenging; no liability recorded.
• DDJAY project: 107 plots, 44 shops; agreement revoked Aug 2025; case filed.
• Labour Codes: four codes notified; company to consider compensation restructuring.
• Auditor’s review: qualified opinion on standalone & consolidated; FVTOCI unvalued; ECL not used.
• Provision for doubtful debts: ₹3,924.43 Lacs provision.
• Three subsidiaries' interim results not material to the group.
• Board meeting dated Aug 7, 2026; time 2:00–3:45 PM.

SEBI Final Order details

• SEBI Final Order dated 30 June 2026 restrains Mauria Udyog and directors from market participation for five years.
• Period includes adjustment of the restraint period already undergone.
• Directors Navneet Kumar Sureka and Deepa Sureka are prohibited from buying, selling, or dealing in securities.
• Alleged lapses relate to price and volume manipulation under SEBI Act and related regulations.
• No material impact on Mauria Udyog's financials or operations.
• Delay in disclosure due to the order's voluminous nature and legal review.
• Order receipt date: 14 July 2026.

Regulatory action details

• SEBI order dated 30 June 2026 restrains Mauria Udyog Ltd and promoters from securities market for 5 years.
• Directors/promoters Navneet Kumar Sureka and Deepa Sureka are also restrained.
• Alleged lapses relate to manipulation of price and volume of the company’s equity shares.
• Date of receipt of direction: 14-07-2026.
• There is no material impact on financials or operations.

Dematerialisation status

• Dematerialisation requests for quarter ended June 2026 were confirmed to depositories.
• Securities dematerialised have been listed on the stock exchanges where previously listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository name updated as registered owner within 15 days.

Trading Window Update

• Trading window closed from 01-Jul-2026 until 48 hours after the Board meeting for Q1 FY2026-27 results.
• Board meeting date for the results will be intimated later.

FY26 audited results

• 📊 Standalone and consolidated audited results approved for quarter and year ended 31 March 2026.
• 📊 Standalone total income was Rs 43,423.88 lakh; net profit was Rs 2,395.91 lakh.
• 📊 Consolidated total income was Rs 43,423.88 lakh; net profit was Rs 2,394.63 lakh.
• 📊 Standalone and consolidated EPS was Rs 1.80.

Expenses and balance sheet

• 📊 Standalone total expenditure was Rs 40,047.97 lakh; consolidated total expenditure was Rs 40,049.25 lakh.
• 📊 Standalone total assets were Rs 43,100.13 lakh; equity was Rs 7,607.40 lakh.
• 📊 Consolidated total assets were Rs 42,351.26 lakh; net worth was Rs 5,613.24 lakh.
• 📊 Standalone current liabilities were Rs 27,941.10 lakh; consolidated current liabilities were Rs 22,857.96 lakh.

Segment mix

• 📊 Reportable segments were Manufacturing and Trading.
• 📊 Standalone segment revenue was Rs 7,053.84 lakh from Manufacturing and Rs 437.53 lakh from Trading.
• 📊 Consolidated segment revenue was Rs 7,053.34 lakh from Manufacturing and Rs 437.53 lakh from Trading.

Working capital and receivables

• 📊 Standalone trade receivables included Rs 6,311.86 lakh classified as non-current.
• 📊 Provision against doubtful trade receivables was Rs 3,924.43 lakh.
• 📊 Consolidated trade receivables were also classified as non-current at Rs 6,311.86 lakh.
• 📊 Cash and cash equivalents were Rs 255.73 lakh standalone and Rs 258.38 lakh consolidated.

Contingencies and legal matters

• ⚠️ SEBI interim order directed deposit of Rs 2,619.69 lakh and restrained securities market access.
• ⚠️ Management said no liability was recorded against the SEBI amount sought.
• ⚠️ Supreme Court-related matter involved Rs 16,700 lakh deposit and properties worth Rs 16,897 lakh net of incumbency.
• ⚠️ A DDJAY project agreement for 107 plots and 44 shops was revoked after payment defaults.

Audit opinion

• 🗒️ Auditor issued a qualified opinion on both standalone and consolidated results.
• 🗒️ Qualifications related to unquoted equity fair valuation and expected credit loss assessment.
• 🗒️ Emphasis of matter covered long-outstanding receivables, SEBI order, and assets held for sale.

Business model

• Mauria Udyog operates Manufacturing and Trading businesses.
• The group includes Strawberry Star India Private Limited, Bihariji Highrise Private Limited, and Bihariji Properties Private Limited.

🗓️ Meeting Details

• Board meeting scheduled for February 13, 2026, at 3:00 PM IST at Works Office, Faridabad.

📊 Financial Results

• Approval and recording of unaudited financial results for Q3 and nine months ended December 31, 2025.
• Financial results pertain to fiscal year 2025-2026.