OthersReg. 34 (1) Annual Report
Virat Crane Industries 2025-26: Revenue up; net loss; CSR spend; governance intact
Financial highlights
- Revenue from operations Rs 17,750.29 lakh; PAT Rs -771.19 lakh.
- YoY revenue growth approx 27.5%.
- Dividend for 2025-26 not recommended.
Debt and liquidity
- Total borrowings Rs 1,635.84 lakh; current borrowings Rs 1,272.99 lakh.
- Net debt Rs 1,561.74 lakh; capital gearing 25.59%.
- Current ratio 1.58x; debt-to-equity 0.66.
Cash flows
- Operating cash flow Rs -523.65 lakh; investing Rs -219.46 lakh; financing Rs 740.48 lakh.
- Net cash decrease Rs -2.63 lakh; year-end cash Rs 74.10 lakh.
Related party transactions
- Material transactions with Sri Murari Traders Rs 4,828.74 lakh; Akshay Amrutha Enterprises Rs 2,967.04 lakh.
- Audit Committee and Board approvals obtained; terms are at arm's length.
CSR activities
- CSR spend Rs 20.66 lakh; scholarships via Crane Foundation.
- Average net profit Rs 875.18 lakh; CSR obligation Rs 17.50 lakh.
- CSR projects disclosed on company website.
Audit & governance
- Statutory auditors Anantha & Associates; Secretarial auditors K. Srinivasa Rao & Nagaraju; no qualifications.
- Board: six directors; eight board meetings; two independent directors.
- Whistle-blower policy in place; no complaints filed.
Dividend and equity info
- Dividend policy: no dividend declared; equity shares issued: 20,423,750.