Prajay Engineers Syndicate Ltd

Financial results approved

• Unaudited standalone and consolidated Q1 30-06-2026 results approved by Board.
• Limited Review Reports on standalone and consolidated results submitted by statutory auditors.
• Net cash inflows for the period approved by Board but not subjected to review.
• Audit Committee reviewed results; Board recorded approval on 14-08-2026.

Regulatory and legal matters

• Emphasis of Matter: ongoing arbitration with investor entities; mediation under IAMC Hyderabad.
• High Court order 28.07.2022 appointed arbitrator; arbitration proceedings in progress.
• NCLT mediation settlement disposed off investor cases; settlement terms filed before NCLT.
• Note on lease and construction & management agreements with Government-related entities; arbitration ongoing.
• Two segments identified: Construction and Development; Hospitality—Hotels and Resorts.
• Statements note economic slowdown affecting customer realizations in realty sector.

Prajay Engineers Syndicate Limited: Trading window closed from 01-07-2026 till the expiry of 48 hours after the declaration of Unaudited Financial Results of the company for the First Quarter ended 30-06-2026.

Financial Performance 📊

• Standalone Q3 FY2026 revenue from operations: Rs 609.15 lakhs, up from Rs 332.70 lakhs in Q2 FY2026.
• Standalone total income Q3 FY2026: Rs 781.55 lakhs vs Rs 479.53 lakhs in Q2 FY2026.
• Standalone net loss after tax Q3 FY2026: Rs 154.27 lakhs vs Rs 661.30 lakhs loss in Q2 FY2026.
• Consolidated Q3 FY2026 revenue from operations: Rs 906.96 lakhs vs Rs 858.20 lakhs in Q2 FY2026.
• Consolidated net loss after tax Q3 FY2026: Rs 65.09 lakhs vs Rs 404.42 lakhs loss in Q2 FY2026.
• Consolidated basic and diluted EPS Q3 FY2026: Rs (0.18) vs Rs (0.95) in Q2 FY2026.

Segment Performance

• Q3 FY2026 segment revenue: Construction & Development Rs 265.07 lakhs, Hospitality Rs 344.08 lakhs.
• Q3 FY2026 segment losses: Construction Rs 201.11 lakhs, Hospitality Rs 37.11 lakhs.
• Construction & Development segment assets: Rs 44,793.70 lakhs standalone, Rs 60,481.58 lakhs consolidated.
• Hospitality segment assets: Rs 12,179.54 lakhs standalone, Rs 13,696.13 lakhs consolidated.

Risks & Legal ⚠️

• Arbitration ongoing with Government of Telangana over lease and management agreements.

Business Model & Segments

• Company operates in Construction & Development and Hospitality - Hotels & Resorts segments.

Audit & Compliance

• Financials prepared under Ind AS, reviewed by statutory auditors with unmodified opinion.

Financial Performance

• Board approved unaudited standalone and consolidated financial results for Q3 and nine months ended 31-12-2025.
• Standalone loss before tax was Rs. 956.31 lakhs for nine months ended 31-12-2025.
• Consolidated loss before tax was Rs. 969.39 lakhs for nine months ended 31-12-2025.
• Segment losses reported in Construction & Development and Hospitality segments in both standalone and consolidated results.
• No exceptional items or prior period adjustments reported.

Auditor and Compliance ️

• Auditor's review reports issued with no modifications; emphasis on ongoing arbitration with Telangana government.
• Arbitration concerns lease and management agreements with Government of Telangana; proceedings ongoing since July 2022.

🗓️ Meeting Details

• Board meeting scheduled for 12 February 2026 at 5th Floor, Prajay Corporate House, Hyderabad.

📊 Financial Performance

• Approval of unaudited standalone and consolidated financial results for Q3 ended 31 December 2025.