Progrex Ventures Limited — Year ended 31.03.2026 (Quarter ended 31.03.2026)
| Particulars | Note No. | AS at 31.03.2026 | AS at 31.03.2025 |
|---|---|---|---|
| I EQUITY AND LIABILITIES | |||
| 1 Share holders’ funds | 2.1 | ||
| (a) Share Capital | 3,60,44,000 | 3,60,44,000 | |
| (b) Reserve & Surplus | 3,58,71,086 | 3,73,09,917 | |
| Sub Total-Share holders’ funds | 7,19,15,086 | 7,33,53,917 | |
| 2 Non-Current Liabilities | 2.2 | ||
| (a) Long term borrowings | – | – | |
| (b) Deffered tax liabilities (Net) | 1,03,47,130 | 1,03,47,130 | |
| (c) Other long term liabilities | – | – | |
| (d) Long term provisions | – | – | |
| Sub Total-Non current Liabilities | 1,03,47,130 | 1,03,47,130 | |
| 3 Current Liabilities | 2.3 | ||
| (a) Short term borrowings | 7,83,500 | 4,00,000 | |
| (b) Trade payables | 2,77,462 | 2,77,462 | |
| (c) Other current liabilities | – | – | |
| (d) Short term provisions | 5,23,795 | 4,72,795 | |
| Sub Total-Current Liabilities | 15,84,757 | 11,50,257 | |
| TOTAL-EQUITY AND LIABILITIES | 8,38,46,973 | 8,48,51,304 | |
| II ASSETS | |||
| 1 Non-Current Assets | 2.4 | ||
| (a) Fixed assets- Tangible | 26,938 | 42,835 | |
| (d) Work in Progress | 45,47,255 | 45,47,255 | |
| (c) Long term loans & advances | – | – | |
| (d) Other non current assets | – | – | |
| Sub Total- Non-current assets | 45,74,193 | 45,90,090 | |
| 2 Current Assets | 2.5 | ||
| (a) Trade receivables | – | – | |
| (b) Cash and cash equivalents | 8,46,032 | 7,75,465 | |
| (c) Short term loans & advances | 7,82,58,717 | 7,93,17,717 | |
| (d) Other current assets | 1,68,031 | 1,68,031 | |
| Sub Total-current assets | 7,92,72,780 | 8,02,61,213 | |
| Notes forming part of the consolidate Accounts | 2.1 – 2.14 | ||
| TOTAL ASSETS | 8,38,46,973 | 8,48,51,304 |
| Particulars | Note No. | AS at 31.03.2026 | AS at 31.03.2025 |
|---|---|---|---|
| I Income | 2.6 | ||
| (a) Revenue from operations | – | – | |
| (b) Other Income | 45,000 | 90,000 | |
| II Total Revenue | 45,000 | 90,000 | |
| III Expenses | 2.7 | ||
| (a) Cost of material consumed | – | – | |
| (b) Purchase of stock in trade | – | – | |
| (c) Chang[e] in inventories of finished goods/ W.I.P. | – | – | |
| (d) Employee benefit expenses | – | – | |
| (e) Depreciation and amortisation expenses | 15,887 | 15,887 | |
| (f) Other Expenditure | 14,67,934 | 14,81,402 | |
| Total Expenses | 14,83,821 | 14,97,289 | |
| IV Profit (+) / Loss (-) before exceptional and Extraordinary items (II-III) | (14,38,821) | (14,07,289) | |
| V Exceptional items | – | – | |
| VI Profit (+) / Loss (-) Before Extraordinary items and Tax (IV-V) | (14,38,821) | (14,07,289) | |
| VII Extra ordinary Item | – | – | |
| VIII Profit (+) / Loss Before Tax (VI-VII) | (14,38,821) | (14,07,289) | |
| IX Tax Expenses | – | – | |
| X Profit (+) / Loss (-) for the period (VIII-IX) | (14,38,821) | (14,07,289) | |
| XI Earning per Equity share: | |||
| (36,04,400 Equity shares of Rs. 10/- each) | |||
| (a) Basic | – | – | |
| (b) Diluted | – | – |
| PARTICULARS | For the Year Ended on 31.03.2026 | For the Year Ended on 31.03.2025 |
|---|---|---|
| A CASH FLOW FROM OPERATING ACTIVITIES: | ||
| Net Profit before tax | (14.39) | (14.07) |
| Add : | ||
| Depreciation | 0.15 | 0.15 |
| Interest & Financial Charges | – | – |
| Prior Period Adjustment | – | – |
| Provision for Expenses | – | – |
| Loss on sale of Assets | – | 0.15 |
| Miscellaneous & Deferred Revenue Expenditure w/off | – | – |
| Operating Profit before working capital changes | (14.24) | (13.92) |
| Less : | ||
| Interest received | – | – |
| Profit on sale of assets | – | – |
| Gratuity/Leave Encashment/Provision paid | – | – |
| (14.24) | (13.92) | |
| Adjustment for – | ||
| Trade and other receivables | – | – |
| Inventories | 0.51 | (6.35) |
| Provision for Expenses | 3.84 | 4.00 |
| Short Term Borrowing | (2.35) | |
| 4.35 | ||
| Cash generated from operations | (9.89) | (16.27) |
| Income tax paid | – | – |
| Cash Flow before prior period items | (9.89) | (16.27) |
| Prior year adjustment | ||
| Net cash from/(used) in operating activities (A) | (9.89) | (16.27) |
| B CASH FLOW FROM INVESTING ACTIVITIES: | ||
| Purchase of Fixed Assets | – | – |
| Capital Advance received back | – | – |
| Consideration received on sale of assets | – | – |
| Share Application Money Given | 10.60 | 17.17 |
| Advances / Inter-corporate Deposit | – | |
| Interest on inter-corporate deposits and capital advances | 10.60 | 17.17 |
| Net cash from/(used) in investing activities (B) | 10.60 | 17.17 |
| C CASH FLOW FROM FINANCING ACTIVITIES: | ||
| Increase/(Decrease) in long term borrowings | – | – |
| Dividend paid | – | |
| Interest paid | – | – |
| Increase/(decrease) in unsecured loan | – | – |
| Net Cash from/(used) in Financing Activities (C) | 0.71 | 0.90 |
| Net increase in cash equivalents (A+B+C) | 0.71 | 0.90 |
| Cash & Cash Equivalents (Opening Balance) | 7.75 | 6.85 |
| Cash & Cash equivalents as at (Closing Balance) | 8.46 | 7.75 |
| Description | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Share Capital | ||
| AUTHORISED | ||
| 40,00,000 equity shares of Rs.10/- each | 40,000,000 | 40,000,000 |
| 3,00,000 Redeemable Preference shares | ||
| of Rs.100/- each | 30,000,000 | 30,000,000 |
| ISSUED, SUBSCRIBED & PAID UP | ||
| 36,04,400 Equity Shares of Rs.10/- each | 3,60,44,000 | 3,60,44,000 |
| Reserve and Surplus – State Subsidy | 15,00,000 | 15,00,000 |
| Reserve and Surplus – Assets Realization Reserve | 5,43,59,143 | 5,43,59,143 |
| Profit and loss account – As per last Account | (185,49,236) | (171,41,937) |
| Profit and loss account – Less : Transfer from Profit & Loss Account | (14,38,821) | (14,07,289) |
| Profit and loss account – Balance of Profit and loss account | (1,99,88,057) | (185,49,226) |
| Total | 3,58,71,086 | 3,73,09,917 |
| No. of shares | Percentage |
|---|---|
| 1,81,200 | 5.03% |
| 10,81,300 | 30.00% |
| 10,81,900 | 30.02% |
| 3,00,400 | 8.33% |
| 1,81,000 | 5.02% |
| Description | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Long Term Borrowings | ||
| Inter Corporate Deposits (Including interest accrued and due) | 0 | 0 |
| Less: interest on loan | 0 | 0 |
| Total Long Term Borrowings | 0 | 0 |
| Deferred tax liabilities (Net) | 1,03,47,130 | 1,03,47,130 |
| Description | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Short Term Borrowings | 7,83,500 | 4,00,000 |
| Trade payables | ||
| Sundry Creditors | 1,39,550 | 1,39,550 |
| Advances received from customers | 1,37,912 | 1,37,912 |
| 2,77,462 | 2,77,462 | |
| Other Current Liabilities | ||
| Short term provisions | ||
| Provision for Legal & Establishment Expenses | 5,07,795 | 4,56,795 |
| Provision for Audit Fee & Expenses | 16,000 | 16,000 |
| 5,23,795 | 4,72,795 | |
| 15,84,757 | 11,50,257 |
| Description | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Fixed Assets (Tangible) – Gross Block | 4,57,359 | 4,57,359 |
| Less: Depreciation | 4,30,421 | 4,14,534 |
| Net Block | 26,938 | 42,825 |
| Description | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Trade receivables | 0 | 0 |
| Cash & Cash equivalents | ||
| – Cash in Hand | 7,77,840 | 7,48,840 |
| – Balance with schedule banks (Current Account) | 68,192 | 26,625 |
| – Balance with schedule banks (Term deposit) | 0 | 0 |
| 8,46,032 | 7,75,465 | |
| Short Term Loans & Advances | ||
| Advances recoverable in cash or in kind or for value to be received/adjusted – Unsecured considered good | 2,78,59,545 | 2,89,18,645 |
| – Unsecured considered doubtful | 43,00,350 | 43,00,350 |
| Less: Provision for doubtful advances | (43,00,350) | (43,00,350) |
| Inter Corporate Deposit | 4,95,25,000 | 4,95,25,000 |
| Security Deposit Outward | 10,545 | 10,545 |
| Taxes and duties paid under dispute | 8,63,627 | 8,63,627 |
| 7,82,58,717 | 7,93,17,817 | |
| Other Current Assets | ||
| Miscellaneous Expenditure | 168,031 | 168,031 |
| Description | For the year ended on 31.03.2026 | For the year ended on 31.03.2025 |
|---|---|---|
| Revenue from operation | – | – |
| Miscellaneous Income | 45,000 | 90,000 |
| 45,000 | 90,000 |
| MANUFACTURING, SALES & ADMINISTRATIVE EXPENSES | For the year ended on 31.03.2026 | For the year ended on 31.03.2025 |
|---|---|---|
| Salaries & Wages | 7,25,000 | 6,85,000 |
| Contribution to P.F. & E.S.I. | 0 | 0 |
| Employees’ welfare & other benefits | 0 | 0 |
| Insurance | 0 | 0 |
| Repairs & Maintenance – | ||
| – Building | 0 | 0 |
| – Plant & Machinery | 0 | 0 |
| – Others (vehicles) | 0 | 0 |
| Travelling & Conveyance | 0 | 0 |
| Audit Fee | 12,000 | 12,000 |
| Preliminary & Share Issue Expenses w/off | 0 | 0 |
| Particulars | For the Year ended on 31.03.2026 | For the Year ended on 31.03.2025 |
|---|---|---|
| Audit Fee | 12,000 | 12,000 |
| Other Services | 4,000 | 3,000 |
| Reimbursement of expenses |