| General Information | ||
| BSE Scrip code | 000000 | |
| NSE Symbol* | NOTLISTED | |
| MSEI Symbol * | UPAL | |
| ISIN* | INE181C01016 | |
| Type of company | SME | |
| Class of security | Equity | |
| Date of start of financial year | 01-04-2025 | |
| Date of end of financial year | 31-03-2026 | |
| Date of board meeting when results were approved | 26-05-2026 | |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 18-05-2026 | |
| Description of presentation currency | INR | |
| Level of rounding | Lakhs | |
| Reporting Type | Quarterly | |
| Reporting Quarter | Fourth quarter | |
| Nature of report standalone or consolidated | Consolidated | |
| Whether results are audited or unaudited for the quarter ended | Audited | |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited | |
| Segment Reporting | Multi segment | |
| Description of single segment | ||
| Start date of board meeting | 26-05-2026 | |
| Start time of board meeting | 13:00:00 | |
| End date of board meeting | 26-05-2026 | |
| End time of board meeting | 16:00:00 | |
| Whether cash flow statement is applicable on company | Yes | |
| Type of cash flow statement | Cash Flow Indirect | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion | |
Amount in (Lakhs)
| Financial Results - Ind-AS | ||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | ||
| Date of start of reporting period | 01-01-2026 | 01-04-2025 | ||
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | ||
| Whether results are audited or unaudited | Audited | Audited | ||
| Nature of report standalone or consolidated | Consolidated | Consolidated | ||
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | |||
| 1 | Income | |||
| Revenue from operations | 4,819.00 | 23,611.00 | ||
| Other income | 98.00 | 512.00 | ||
| Total income | 4,917.00 | 24,123.00 | ||
| 2 | Expenses | |||
| (a) | Cost of materials consumed | 0.00 | 0.00 | |
| (b) | Purchases of stock-in-trade | 5,878.00 | 22,015.00 | |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 1,844.00 | 1,015.00 | |
| (d) | Employee benefit expense | 60.00 | 245.00 | |
| (e) | Finance costs | 221.00 | 982.00 | |
| (f) | Depreciation, depletion and amortisation expense | 111.00 | 522.00 | |
| (g) | Other Expenses | |||
| 1 | Other Expenses | 332.00 | 600.00 | |
| Total other expenses | 332.00 | 600.00 | ||
| Total expenses | 4,758.00 | 23,349.00 | ||
| 3 | Total profit before exceptional items and tax | 159.00 | 774.00 | |
| 4 | Exceptional items | 39.00 | 325.00 | |
| 5 | Total profit before tax | 198.00 | 1,099.00 | |
| 6 | Tax expense | |||
| 7 | Current tax | 50.00 | 277.00 | |
| 8 | Deferred tax | 50.00 | 16.00 | |
| 9 | Total tax expenses | 100.00 | 293.00 | |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 | |
| 11 | Net Profit Loss for the period from continuing operations | 98.00 | 806.00 | |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 | |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 | |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 | |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 | |
| 16 | Total profit (loss) for period | 98.00 | 806.00 | |
| 17 | Other comprehensive income net of taxes | 22.00 | 22.00 | |
| 18 | Total Comprehensive Income for the period | 120.00 | 828.00 | |
| 19 | Total profit or loss, attributable to | |||
| Profit or loss, attributable to owners of parent | 0.00 | 0.00 | ||
| Total profit or loss, attributable to non-controlling interests | 0.00 | 0.00 | ||
| 20 | Total Comprehensive income for the period attributable to | |||
| Comprehensive income for the period attributable to owners of parent | 0.00 | 0.00 | ||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 0.00 | 0.00 | ||
| 21 | Details of equity share capital | |||
| Paid-up equity share capital | 912.00 | 912.00 | ||
| Face value of equity share capital | 10 | 10 | ||
| 22 | Reserves excluding revaluation reserve | 0.00 | ||
| 23 | Earnings per share | |||
| i | Earnings per equity share for continuing operations | |||
| Basic earnings (loss) per share from continuing operations | 1.08 | 8.85 | ||
| Diluted earnings (loss) per share from continuing operations | 1.08 | 8.85 | ||
| ii | Earnings per equity share for discontinued operations | |||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | ||
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | ||
| iii | Earnings per equity share (for continuing and discontinued operations) | |||
| Basic earnings (loss) per share from continuing and discontinued operations | 1.08 | 8.85 | ||
| Diluted earnings (loss) per share from continuing and discontinued operations | 1.08 | 8.85 | ||
| 24 | Debt equity ratio | |||
| 25 | Debt service coverage ratio | |||
| 26 | Interest service coverage ratio | |||
| 27 | Remarks for debt equity ratio | |||
| 28 | Remarks for debt service coverage ratio | |||
| 29 | Remarks for interest service coverage ratio | |||
| 30 | Disclosure of notes on financial results | |||
Amount in (Lakhs)
| Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results | |||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| Date of start of reporting period | 01-01-2026 | 01-04-2025 | |
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | |
| Whether results are audited or unaudited | Audited | Audited | |
| Nature of report standalone or consolidated | Consolidated | Consolidated | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| 1 | Leasing & Activities - Incidental to Leasing | 3,067.00 | 16,380.00 |
| 2 | Sale of Asbestos & Other Products | 894.00 | 4,470.00 |
| 3 | Trading of Building Material | 860.00 | 2,876.00 |
| Total Segment Revenue | 4,821.00 | 23,726.00 | |
| Less: Inter segment revenue | 0.00 | 0.00 | |
| Revenue from operations | 4,821.00 | 23,726.00 | |
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| 1 | Leasing & Activities - Incidental to Leasing | 299.00 | 1,274.00 |
| 2 | Sale of Asbestos & Other Products | 87.00 | 61.00 |
| 3 | Trading of Building Material | 72.00 | 146.00 |
| Total Profit before tax | 284.00 | 1,359.00 | |
| i. Finance cost | 221.00 | 982.00 | |
| ii. Other Unallocable Expenditure net off Unallocable income | 96.00 | 397.00 | |
| Profit before tax | 159.00 | 774.00 | |
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| 1 | Leasing & Activities - Incidental to Leasing | 23,431.00 | 23,431.00 |
| 2 | Sale of Asbestos & Other Products | 1,848.00 | 1,848.00 |
| 3 | Trading of Building Material | 1,296.00 | 1,296.00 |
| Total Segment Assets | 26,575.00 | 26,575.00 | |
| Un-allocable Assets | 0.00 | 0.00 | |
| Net Segment Assets | 26,575.00 | 26,575.00 | |
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| 1 | Leasing & Activities - Incidental to Leasing | 11,690.00 | 11,690.00 |
| 2 | Sale of Asbestos & Other Products | 52.00 | 52.00 |
| 3 | Trading of Building Material | 828.00 | 828.00 |
| Total Segment Liabilities | 12,570.00 | 12,570.00 | |
| Un-allocable Liabilities | 0.00 | 0.00 | |
| Net Segment Liabilities | 12,570.00 | 12,570.00 | |
| Disclosure of notes on segments | |||
Amount in (Lakhs)
| Other Comprehensive Income | |||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| Date of start of reporting period | 01-01-2026 | 01-04-2025 | |
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | |
| Whether results are audited or unaudited | Audited | Audited | |
| Nature of report standalone or consolidated | Consolidated | Consolidated | |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| No records available | |||
| Total Amount of items that will not be reclassified to profit and loss | |||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 22.00 | 22.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| No records available | |||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | ||
Amount in (Lakhs)
| Statement of Asset and Liabilities | |||
| Particulars | Year ended (dd-mm-yyyy) | ||
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 31-03-2026 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Assets | |||
| 1 | Non-current assets | ||
| Property, plant and equipment | 4,276.00 | ||
| Capital work-in-progress | 0.00 | ||
| Investment property | 6,658.00 | ||
| Goodwill | 5.00 | ||
| Other intangible assets | 4.00 | ||
| Intangible assets under development | 0.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Investments accounted for using equity method | 0.00 | ||
| Non-current financial assets | |||
| Non-current investments | 3.00 | ||
| Trade receivables, non-current | 0.00 | ||
| Loans, non-current | 0.00 | ||
| Other non-current financial assets | |||
| 1 | OTHER FINANCIAL ASSETS | 1.00 | |
| Total of other non-current financial assets | 1.00 | ||
| Total non-current financial assets | 4.00 | ||
| Deferred tax assets (net) | 0.00 | ||
| Other financial assets | |||
| 1 | Other non-current assets | 715.00 | |
| Total of other non-current assets | 715.00 | ||
| Total non-current assets | 11,662.00 | ||
| 2 | Current assets | ||
| Inventories | 3,219.00 | ||
| Current financial asset | |||
| Current investments | 0.00 | ||
| Trade receivables, current | 4,812.00 | ||
| Cash and cash equivalents | 3,659.00 | ||
| Bank balance other than cash and cash equivalents | 1,190.00 | ||
| Loans, current | 11.00 | ||
| Other current financial assets | |||
| 1 | OTHER financial assets | 82.00 | |
| Total of Other current financial assets | 82.00 | ||
| Total current financial assets | 9,754.00 | ||
| Current tax assets (net) | 0.00 | ||
| Other current assets | |||
| 1 | Other current assets | 1,940.00 | |
| Total of other current assets | 1,940.00 | ||
| Total current assets | 14,913.00 | ||
| 3 | Non-current assets classified as held for sale | 0.00 | |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 | |
| Total assets | 26,575.00 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 912.00 | ||
| Other equity | 13,095.00 | ||
| Total equity attributable to owners of parent | 14,007.00 | ||
| Non controlling interest | 0.00 | ||
| Total equity | 14,007.00 | ||
| 2 | Liabilities | ||
| Non-current liabilities | |||
| Non-current financial liabilities | |||
| Borrowings, non-current | 6,075.00 | ||
| Trade payables, non-current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | ||
| Total Trade payable | 0.00 | ||
| Other non-current financial liabilities | |||
| Total of other non-current financial liabilities | |||
| Total non-current financial liabilities | 6,075.00 | ||
| Provisions, non-current | 36.00 | ||
| Deferred tax liabilities (net) | 524.00 | ||
| Deferred government grants, Non-current | 0.00 | ||
| Other non-current liabilities | |||
| 1 | Other non-current liabilities | 540.00 | |
| Total of other non-current liabilities | 540.00 | ||
| Total non-current liabilities | 7,175.00 | ||
| Current liabilities | |||
| Current financial liabilities | |||
| Borrowings, current | 4,551.00 | ||
| Trade payables, current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 384.00 | ||
| Total Trade payable | 384.00 | ||
| Other current financial liabilities | |||
| 1 | Other financial liabilities | 86.00 | |
| Total of other current financial liabilities | 86.00 | ||
| Total current financial liabilities | 5,021.00 | ||
| Other current liabilities | |||
| 1 | Other current liabilities | 267.00 | |
| Total of other current liabilities | 267.00 | ||
| Provisions, current | 8.00 | ||
| Current tax liabilities (Net) | 97.00 | ||
| Deferred government grants, Current | |||
| Total current liabilities | 5,393.00 | ||
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 0.00 | |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0.00 | |
| Total liabilities | 12,568.00 | ||
| Total equity and liabilites | 26,575.00 | ||
| Disclosure of notes on assets and liabilities | |||
Amount in (Lakhs)
| Cash flow statement indirect | |||
| Particulars | Year ended (dd-mm-yyyy) | ||
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 31-03-2026 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Part I | Blue color marked fields are non-mandatory. | ||
| 1 | Statement of cash flows | ||
| Cash flows from used in operating activities | |||
| Profit before tax | 1,099.00 | ||
| 2 | Adjustments for reconcile profit (loss) | ||
| Adjustments for finance costs | 981.69 | ||
| Adjustments for decrease (increase) in inventories | 1,014.58 | ||
| Adjustments for decrease (increase) in trade receivables, current | 715.60 | ||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | ||
| Adjustments for decrease (increase) in other current assets | 0.00 | ||
| Adjustments for decrease (increase) in other non-current assets | 1.16 | ||
| Adjustments for other financial assets, non-current | 0.00 | ||
| Adjustments for other financial assets, current | 0.00 | ||
| Adjustments for other bank balances | 0.00 | ||
| Adjustments for increase (decrease) in trade payables, current | 46.96 | ||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | ||
| Adjustments for increase (decrease) in other current liabilities | 0.00 | ||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | ||
| Adjustments for depreciation and amortisation expense | 521.45 | ||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | ||
| Adjustments for provisions, current | 94.18 | ||
| Adjustments for provisions, non-current | 0.00 | ||
| Adjustments for other financial liabilities, current | 0.00 | ||
| Adjustments for other financial liabilities, non-current | 0.00 | ||
| Adjustments for unrealised foreign exchange losses gains | 0.43 | ||
| Adjustments for dividend income | 0.05 | ||
| Adjustments for interest income | 396.96 | ||
| Adjustments for share-based payments | 0.00 | ||
| Adjustments for fair value losses (gains) | 30.75 | ||
| Adjustments for undistributed profits of associates | 0.00 | ||
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | ||
| Other adjustments to reconcile profit (loss) | 0.00 | ||
| Other adjustments for non-cash items | 0.00 | ||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | ||
| Total adjustments for reconcile profit (loss) | 453.75 | ||
| Net cash flows from (used in) operations | 645.25 | ||
| Dividends received | 0.00 | ||
| Interest paid | 0.00 | ||
| Interest received | 0.00 | ||
| Income taxes paid (refund) | 53.87 | ||
| Other inflows (outflows) of cash | 0.00 | ||
| Net cash flows from (used in) operating activities | 699.12 | ||
| 3 | Cash flows from used in investing activities | ||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | ||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | ||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.19 | ||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | ||
| Other cash receipts from sales of interests in joint ventures | 0.00 | ||
| Other cash payments to acquire interests in joint ventures | 0.00 | ||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | ||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | ||
| Proceeds from sales of property, plant and equipment | 1.55 | ||
| Purchase of property, plant and equipment | 18.94 | ||
| Proceeds from sales of investment property | 0.00 | ||
| Purchase of investment property | 0.00 | ||
| Proceeds from sales of intangible assets | 18.35 | ||
| Purchase of intangible assets | 0.00 | ||
| Proceeds from sales of intangible assets under development | 0.00 | ||
| Purchase of intangible assets under development | 0.00 | ||
| Proceeds from sales of goodwill | 0.00 | ||
| Purchase of goodwill | 0.00 | ||
| Proceeds from biological assets other than bearer plants | 0.00 | ||
| Purchase of biological assets other than bearer plants | 0.00 | ||
| Proceeds from government grants | 0.00 | ||
| Proceeds from sales of other long-term assets | 0.00 | ||
| Purchase of other long-term assets | 0.00 | ||
| Cash advances and loans made to other parties | 1,001.16 | ||
| Cash receipts from repayment of advances and loans made to other parties | 374.25 | ||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | ||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | ||
| Dividends received | 0.05 | ||
| Interest received | 396.96 | ||
| Income taxes paid (refund) | 0.00 | ||
| Other inflows (outflows) of cash | 0.00 | ||
| Net cash flows from (used in) investing activities | 1,025.07 | ||
| 4 | Cash flows from used in financing activities | ||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | ||
| Payments from changes in ownership interests in subsidiaries | 0.00 | ||
| Proceeds from issuing shares | 0.00 | ||
| Proceeds from issuing other equity instruments | 0.00 | ||
| Payments to acquire or redeem entity's shares | 0.00 | ||
| Payments of other equity instruments | 0.00 | ||
| Proceeds from exercise of stock options | 0.00 | ||
| Proceeds from issuing debentures notes bonds etc | 0.00 | ||
| Proceeds from borrowings | 0.00 | ||
| Repayments of borrowings | 458.89 | ||
| Payments of lease liabilities | 0.00 | ||
| Dividends paid | 0.00 | ||
| Interest paid | 981.69 | ||
| Income taxes paid (refund) | 0.00 | ||
| Other inflows (outflows) of cash | 0.43 | ||
| Net cash flows from (used in) financing activities | 1,440.15 | ||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 284.04 | ||
| 5 | Effect of exchange rate changes on cash and cash equivalents | ||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | ||
| Net increase (decrease) in cash and cash equivalents | 284.04 | ||
| Cash and cash equivalents cash flow statement at beginning of period | 2,518.95 | ||
| Cash and cash equivalents cash flow statement at end of period | 2,802.99 | ||
Amount in (Lakhs)
| Details of Impact of Audit Qualification | |||
| Whether results are audited or unaudited | Audited | ||
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion | ||
| Auditor's opinion | |||
| Declaration pursuant to Regulation 33(3)(d) of SEBI(LODR) Regulation, 2015:The company declares that its Statutory Auditor / s have issued an Audit Report with unmodified opinion for the period on Consolidated results | Yes | ||
| Sr.No | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto |
| 1 | S. N. Kapur & Associates (Chartered Accountants) | Yes | 31-12-2028 |
Amount in (Lakhs)
| Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) | ||||||||||||||||||||||||
| Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Sr. No. | Details of the party (listed entity /subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | ||||||||||||
| Name | Name | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | Notes | ||||||||||
| No records available | ||||||||||||||||||||||||