Muller & Phipps India Ltd

Financial results approved

• Standalone unaudited quarterly results for quarter ended 30-06-2026 approved with limited review report.
• Consolidated unaudited quarterly results for quarter ended 30-06-2026 approved with limited review report.
• Audit Committee reviewed and recommended the results prior to Board approval.

AGM and related approvals

• 109th AGM scheduled for 28 Sep 2026 via VC/OAVM; notice and explanatory statement approved.
• Book closure date and related AGM matters approved.

Going concern disclosures

• Standalone going concern: losses Rs 484.90 lakh; negative net worth Rs 196.21 lakh as of 30 Jun 2026.
• Consolidated going concern: losses Rs 486.47 lakh; negative net worth Rs 197.78 lakh as of 30 Jun 2026.
• Auditors' conclusion on going concern not modified.

Subsidiaries and review status

• Consolidated results include two subsidiaries; standalone results of these not reviewed by their auditors and not material to the Group.

Meeting Details

• Board meeting scheduled for Friday, August 14, 2026.
• Time and venue not disclosed.

Key Agenda Items

• Consider unaudited financial results for quarter ended June 30, 2026, with independent review report.
• Consider AGM notice; fix date, time, mode; approve Directors' Report for FY ended 31 March 2026.
• Fix book closure period for AGM.

Other Notes

• No trading window closure periods disclosed.

Dematerialisation processing and listing status

• Dematerialisation requests for quarter ended 30 June 2026 were confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner in the register within prescribed timelines.

Meeting Details

• Board meeting scheduled for Thursday, May 28, 2026.

Key Agenda Items

• Consider and take on record audited financial statements for the quarter and year ended March 31, 2026.

Other Notes

• No additional material items were disclosed.

Financial Performance 📊

• Standalone Q3 FY26 revenue from operations: ₹139.12 lakh, down from ₹181.60 lakh in Q2 FY26.
• Nine months ended Dec 31, 2025 standalone revenue: ₹412.82 lakh vs ₹421.69 lakh prior year.
• Standalone net loss Q3 FY26: ₹38.57 lakh; nine months loss: ₹27.90 lakh; FY25 loss: ₹74.83 lakh.
• Standalone EPS Q3 FY26: -₹6.17; nine months: -₹4.46; FY25: -₹11.97 (not annualized).
• Consolidated Q3 FY26 revenue: ₹139.12 lakh; net loss: ₹38.66 lakh; nine months revenue: ₹412.87 lakh; net profit: ₹28.05 lakh.
• Consolidated EPS Q3 FY26: -₹6.18; nine months: ₹7.49 (not annualized).

Expenses & Costs 📊

• Total standalone expenses Q3 FY26: ₹183.92 lakh, including ₹46.00 lakh stock-in-trade and ₹65.54 lakh employee benefits.
• Finance costs Q3 FY26: ₹1.91 lakh; depreciation: ₹0.19 lakh.

Balance Sheet & Audit 🗒️

• Accumulated losses: ₹244.81 lakh; negative net worth: ₹182.31 lakh as of Dec 31, 2025.
• Independent auditor issued unqualified limited review reports on standalone and consolidated results.
• Consolidated results include two subsidiaries: Muller and Phipps (Industrial Services) Ltd and Muller and Phipps Agencies Ltd; subsidiaries’ standalone results not audited but immaterial.

Corporate Actions 📍

• Board approved unaudited standalone and consolidated financial results for Q3 and nine months ended Dec 31, 2025.

Notes 🗒️

• Management assessed going concern status and prepared financials on going concern basis.