MRC Agrotech Ltd — Board Meeting, 06-06-2026: Board Meeting

Date: 06th June, 2026

The Manager

Department of corporate services

Bombay Stock Exchange Limited

P.J.Towers, Dalal Street

Mumbai-400 001.

Dear Sir,

Sub: Audited Results of both the Standalone and Consolidated results of the Company for the Quarter and

year ended on 31st March 2026 under Regulation 33 of SEBI Listing Regulations 2015 (LODR).

.

Ref: Outcome of Board Meeting-Quarterly submission of financial results under Regulation 33 of SEBI

Listing Regulations 2015 (LODR).

Scrip Code:540809

In continuation of our earlier communications dated 30th May, 2026, 01st June, 2026 and 3rd June, 2026,

the Board of Directors of the Company met today i.e., 6th June, 2026 interalia considered and approved the

following: -

Considered and approved the Audited Results of both the Standalone and Consolidated results of the

Company for the Quarter and year ended on 31st March 2026 under Regulation 33 of SEBI Listing

Regulations 2015 (LODR).

Please find enclosed herewith Audited Results of both the Standalone and Consolidated results of the

Company for the Quarter and year ended on 31st March 2026.

Please also find attached declaration pursuant to regulation 33 (3) (d) of the SEBI (LODR) Regulations,

2015, audit report with unmodified/unqualified opinion.

The meeting commenced at around 10.45 AM and ended around 11.30 AM.

Please take the above into your consideration.

Thanks and regards,

For MRC AGROTECH LTD

PLACE: MUMBAI

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The Manager,

Department of Corporate Services

The Bombay Stock Exchange Limited,

Dalal Street,

Mumbai – 400 001

Dear Sir,

Sub.: Declaration pursuant to regulation 33 of the SEBI (LODR) Regulations, 2015, audit report

with unmodified/ unqualified audit report for the year ended March 31st, 2026

Scrip Code: 540809

Declaration

We are hereby declare that the Auditor of the Company has issued an Audit report with

unmodified/unqualifed opinion on the financial statements for the quarter / financial year ended

31st March, 2026.

Kindly take the above on record.

Thanking You,

Yours faithfully,

Thanks and regards,

For MRC AGROTECH LTD

PLACE: MUMBAI

Date: 06th June, 2026

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CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764;Email :firmccco@gmail.com Website: www.ccco.co.in

Page 1 of 6

INDEPENDENT AUDITOR’S REPORT

Independent Auditor’s Report on the Annual Audited Financial Results of MRC AGROTECH LIMITED for the

year ended 31st March, 2026 of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015.

To the Board of Directors of MRC AGROTECH LIMITED

Report on the Audit of the Standalone Financial Results

Opinion

We have audited the accompanying standalone annual financial results of MRC AGROTECH LIMITED (“the

Company”) having CIN No L15100MH2015PLC269095 for the quarter and year ended 31st March, 2026, attached

Herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015, As amended (‘Listing Regulations’) including relevant

circulars issued by Securities and Exchange Board of India (SEBI) from time to time.

In our opinion and to the best of our information and according to the explanations given to us these standalone

financial results:

i. Presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and

ii. Give a true and fair view in conformity with the recognition and measurement Principles laid down in the

applicable Accounting Standards prescribed under Section 133 of the Companies Act 2013 ("the Act") read with

relevant rules issued thereunder and other accounting principles generally accepted in India of the net profit/loss

and other Comprehensive income and other financial information for the quarter ended 31st March, 2026 as well

as the year to date results for the period from 1st April, 2025 to 31st March, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the

Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the Auditor’s

Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the

Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together

with the ethical requirements that are relevant to our audit of the financial results under the provisions of the

Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in

accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is

sufficient and appropriate to provide a basis for our opinion.

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CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764;Email :firmccco@gmail.com Website: www.ccco.co.in

Page 2 of 6

Emphasis of Matter

We draw attention to the following matters in the notes to the financial statements:

Emphasis 1 - Investment in Marsapi Lifesciences Private Limited

We draw attention to Note [e] to the financial statements regarding the investment in Marsapi Lifesciences Private

Limited (100% subsidiary) of Rs.16.85 crore made during the year. The acquisition is pursuant to a Shareholders

Agreement dated 05 June 2025, on a share-swap basis (no cash consideration), whereby MRC Agrotech has issued

up to 86,42,097 equity shares at Rs.19.50 per share. The valuation is based on an indicative registered valuer’s report.

The investment makes Marsapi a wholly-owned subsidiary, accordingly consolidated financial statements under

Section 129(3) of the Companies Act, 2013 has also been prepared. Our opinion is not modified in respect of this

matter.

Emphasis 2 - Agreement with Cicago Commodities Private Limited for assignment of loans

We draw attention to the Note (f) agreement entered into by the Company with Cicago Commodities Private Limited

for assignment of loans. The financial implications, terms and conditions of the said assignment and its impact on the

financial statements have been disclosed by the management in Note [f] to the financial statements. Our opinion is

not modified in respect of this matter.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the

standalone financial statements for the financial year ended 31 March 2026. These matters were addressed in the

context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide

a separate opinion on these matters.

Description of Key Audit Matter How our audit addressed the matter

The Company is engaged, inter alia, in trading of

fruits and other perishable commodities. During

the year, the Company executed a number of back-

to-back trading transactions wherein purchases

and corresponding sales were completed within a

short period of time and, in certain cases, on the

same date. Such transactions involved direct

movement of goods through transporters and

generated relatively low gross margins.

Considering the volume of such transactions, the

timing of revenue recognition, the reliance on

third-party logistics arrangements and the

Our audit procedures included, amongst others:

• Verification of selected purchase and

sales invoices on a sample basis;

• Matching of quantities, products and

dates between purchase and sales

transactions;

• Verification of e-way bills, transporter

documents, lorry receipts and delivery

acknowledgements;

• Examination of supplier confirmations,

transporter confirmations and supporting

logistics records;

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CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764;Email :firmccco@gmail.com Website: www.ccco.co.in

Page 3 of 6

judgement involved in evaluating the commercial

substance and occurrence of such transactions, this

area was considered to be a Key Audit Matter.

• Verification of selected receipts and

payments through bank statements and

ledger accounts;

• Review of gross margins and transaction

patterns in respect of significant trading

transactions;

• Assessment of management

representations and supporting

documentation relating to the movement

and delivery of goods.

Based on the procedures performed, no material

exceptions were noted in respect of the selected

samples tested.

During the year, a significant portion of the

Company’s taxable outward supplies, aggregating

to approximately ₹38.10 crore (44.62% of total

taxable outward supplies of ₹85.39 crore), was

recognised during the month of March 2026.

We further note that substantial trading

transactions were undertaken with two

counterparties that are related to each other,

though not related parties of the Company under

the Companies Act, 2013 or the applicable

accounting framework. These counterparties

accounted for approximately 53% of the

Company’s purchases and 23% of its sales during

the year.

In view of the concentration of trading activity

towards the end of the financial year and the

concentration with specific counterparties, this

area was considered to be a Key Audit Matter.

In view of the year-end concentration, we

performed the following additional procedures:

• Examination of invoices, e-way bills and

delivery documents for March 2026 on

an extended sample basis;

• Cut-off testing for the last 10 sales and

first 10 purchases around the year end;

• Verification of bank receipts and

payments corresponding to the

concentrated transactions;

• Review of counterparty relationships and

management representations on arm’s

length nature;

• Analytical review of gross margin trend

across months.

Based on the audit procedures performed, no

material exceptions were noted. Our opinion is

not modified in respect of this matter.

During the year, the Company’s books of account

record exempt sales of Rs.81.14 crore and export

sales of Rs.0.06 crore. However, the GSTR-3B

returns filed for all twelve months of FY 2025-26

reflect total sales under Table 3.1(a) Outward

taxable supplies and do not separately report the

exempt supply.

The Company has explained that the goods traded

are agricultural commodities classified as exempt

under the applicable GST exemption notifications;

Our audit procedures included:

• Reconciliation of books turnover with

GSTR-1, GSTR-3B and GSTR-2B for

each month of the year;

• Verification of HSN classification of

goods sold against applicable GST

exemption notifications under the CGST

Act, 2017;

• Verification of the export invoice and

supporting shipping documents, Letter of

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CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764;Email :firmccco@gmail.com Website: www.ccco.co.in

Page 4 of 6

however, the bifurcation in GSTR-3B Table 3.1(c)

has not been carried out. This area was considered

to be a Key Audit Matter due to the materiality of

the amount and the risk of GST non-compliance.

Undertaking (LUT) and GSTR-1 Table

6A;

• Inquiry of management and review of

explanation for the non-bifurcation in

GSTR-3B.

Based on management’s explanations and

supporting documentation reviewed, we are

satisfied that the goods traded are of an exempt

nature. We have advised the Company to correct

the classification in future GSTR-3B filings. Our

opinion is not modified in respect of this matter.

Management’s Responsibilities for the Standalone Financial Results

These quarterly as well as year to date financial results have been prepared on the basis of the annual financial

statements. The Company’s Board of Directors are responsible for the preparation of these financial results that give

a true and fair view of the net profit/loss and other comprehensive income and other financial information in

accordance with the recognition and measurement principles laid down in Indian Accounting prescribed under Section

133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India

and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of

adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the

Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate

accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation

and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and

completeness of the accounting records, relevant to the preparation and presentation of the standalone financial results

that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the standalone financial results, the Board of Directors are responsible for assessing the Company’s

ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going

concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease

operations, or has no realistic alternative but to do so.

The Board of Directors is also responsible for overseeing the Company's financial reporting process.

Auditor’s Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the standalone financial results as a whole are free

from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion.

Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with

SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are

considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic

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CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764;Email :firmccco@gmail.com Website: www.ccco.co.in

Page 5 of 6

decisions of users taken on the basis of these standalone financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism

throughout the audit. We also:

• Identify and assess the risks of material misstatement of the financial results, whether due to fraud or error, design

and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate

to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher

than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions,

misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are

appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the

company’s internal controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and

related disclosures made by the Board of Directors.

• Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and,

based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that

may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material

uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the

financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the

audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause

the Company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the standalone financial results, including the

disclosures, and whether the financial results represent the underlying transactions and events in a manner that

achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and

timing of the audit and Significant audit findings, including any significant deficiencies in internal control that we

identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical

requirements regarding independence, and to communicate with them all relationships and other matters that may

reasonably be thought to bear on our independence, and where applicable, related safeguards.

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CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764;Email :firmccco@gmail.com Website: www.ccco.co.in

Page 6 of 6

Other Matters

The standalone statement includes the quarterly results for the year ended 31st March 2026, being the balancing figures

between the audited figures in respect of the full financial year and the published figures up to the 3rd Quarter of the

current financial year which were subject to limited review by us.

For Choudhary Choudhary & Co.

Chartered Accountants

Firm Reg. No. 002910C

Alok Kumar Mishra

Partner

Membership No. 124184

Place: Mumbai

Date: 02.06.2026

UDIN: 26124184GIUXTR9432

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3 months ended 3 months ended 3 months ended 12 Months Ended 12 Months Ended

Sr No PARTICULARS31-Mar-26 31-Dec-25 31-Mar-2531-Mar-2631-Mar-25

Audited Unaudited AuditedAuditedAudited

Rs. In lacs Rs. In lacs Rs. In lacs Rs. In lacs Rs. In lacs

IRevenue from operations6,581.32 1,015.97 2,104.95 8,545.89 3,244.70

IIOther Income4.67 14.24 14.03 50.92 57.11

III Total Revenue (I+II)6,585.99 1,030.21 2,118.98 8,596.81 3,301.81

H9 ([SHQVHV- - - - -

a) Cost of Material consumed- - - - -

b) Purchase of Stock in trade6,394.04 960.93 2,003.21 8,258.74 3,086.20

c) Changes in Inventories of finished goods, work-in-progress and stock-in-trade2.46 - - 4.51 -

d) Employees benefits expense32.10 7.14 13.55 49.79 22.79

e) Finance Cost0.99 0.49 0.55 2.61 1.96 f) Depreciation and amortisation expenses2.45 1.82 0.63 6.94 0.68

g) Other Expenses32.51 38.24 21.44 117.36 70.19

Total Expenses6,464.56 1,008.62 2,039.37 8,439.94 3,181.81

V Profit before exceptional and extraordinary items and tax (III-IV)121.43 21.59 79.61 156.87 120.00

VIExceptional Items - - - - -

VII Profit before extraordinary items and tax (V-VI)121.43 21.59 79.61 156.87 120.00

9HHH ([PUMRUGLQMU\ LPHPV - - - - -

Capital Gain On Sales Shares- - - -

Prior Period Expenses Which Where Overcharged has been Written Back- - - -

IX Profit Before Tax (VII-VIII)121.43 21.59 79.61 156.87 120.00

X Tax expense- - - - -

MB FXUUHQP 7M[BD DB BE BE B

NB GHIHUUHG 7M[BD BE  B -

F6ORUP 3URYLVLRQ RI HMUOLHU \HMU   - -

7RPMO ([SHQVHV31.31 5.81 21.49 40.32 32.40

XI Profit (Loss) for the period from continuing operations (IX-X)90.10 15.80 58.11 116.55 87.60

XII Profit / (Loss) from discontinuing operations- - - - -

XIII Tax expense of discontinuing operations- - - - -

XIV Proft / (Loss) from discontinuing operations (after Tax) ( XII-XIII)- - - - -

XV Profit (Loss) for the period (XI + XIV)90.10 15.80 58.11 116.55 87.60

XVI Paid-up Equity Share Capital ( Face Value Rs. 10 Each)3,132.74 2,048.74 2,048.74 3,132.74 2,048.74

XVII Reserve excluding Revaluation Reserves as per balance sheet- - - - -

XVIII (A)i) Earnings Per Share (before extraordinary items) (of Rs. 10/- each) (not annualised):

(a) Basic(b) Diluted

0.03 0.03 0.03 0.37 0.04

XVIII (B)ii) Earnings Per Share (after extraordinary items) (of Rs.10/- each) (not annualised):

(a) Basic (b) Diluted

0.03 0.03 0.03 0.37 0.04

(a) The aformentioned results were reviewed by the Audit Committee of the Company

Board and subsequently taken on record by the Board of Directors of the Company at their meeting held on 02nd June 2026

(b) As the Company's Business activity falls in Single Primary segment viz. Trading in Agriculture

Products disclosure requirement under AS-17 Segment Reporting are not applicable.

(c ) There was no Investor Complaint pending as on 31st March 2026

(d) The figures for the corresponding periods have been regrouped and rearranged wherever necessary, to make them comparable.

(e) The Company has Acquired MarsAPI Lifesciences Pvt Ltd during the year

(f)

As per our report on Profit and Loss statement

For M/s Choudhary Choudhary & CoFor MRC AGROTECH LIMITED

Chartered Accountants

(Firm Regn No : 002910C)

(CA Alok Kumar Mishra )Ashok Kumar SinghVishal Parmar

Pratner(Chairman & Director) (Director)

(Membership No : 124184 )Din No: 08423436Din No : 10965417

UDIN: 26124184GIUXTR9432

Place : Mumbai

Date : 02/06/2026

Regd Office : Office No.404, 4th Floor, Sagar Tech Plaza-B, Off Andheri Kurla Road, Sakinaka, Andheri East, Mumbai - 400072CIN : L15100MH2015PLC269095

ANNEXURE I TO CLAUSE 33 OF LISTING AGREEMENT

STATEMENT OF STANDALONE AUDITED FINANCIAL RESULT FOR THE YEAR ENDED 31ST MARCH, 2026

The Company has assigned its receivables (loans and advances totaling Rs. 7,30,00,978) to Cicago Commodities Private Limited on a non-recourse basis. Cicago Commodities agreed to settle specific trade creditor dues for the Company and paid the remaining balance to the Company. The transaction is at arm's length, in the ordinary course of

business, and does not affect the management or control of the company

----------------Page (8) Break----------------

Rs. In lacs

As at 31st March, 2026As at 31st March, 2025A. ASSETS

1. Non-current assets(a) Property, Plant & Equipment470.43 453.51

(b) Non-current investments2,574.75 889.54 F GHIHUUHG PM[ MVVHPV QHP -

G IRQJPHUP ORMQV MQG MGYMQFHVDBE 1,293.29 H 2POHU QRQFXUUHQP MVVHPV -

Sub-total-Non-current assets4,880.27 2,636.34 B FXUUHQP MVVHPV

(a) Current Investments- - N ,QYHQPRULHV8.41 221.39

F 7UMGH UHFHLYMNOHV4,479.71 1,002.55 G FMVO MQG %MQN %MOMQFHV19.24 74.96

H 6ORUPPHUP ORMQV MQG MGYMQFHV- - I 2POHU FXUUHQP MVVHPV262.47 73.77

J 0LVF ([SHQVHV $VVHPV- 7.60 Sub-total-Current assets4,769.83 1,380.26

727$I$66(769,650.10 4,016.60 %B (48H7K $1G IH$%HIH7H(6

(a) Share capital 3,132.74 2,048.74 N 5HVHUYHV MQG VXUSOXV2,167.42 1,016.33

F 0RQH\ UHFHLYHG MJMLQVP VOMUH RMUUMQPV- - Sub-total-shareholders funds5,300.16 3,065.07

B 6ORUPPHUP $GYMQFHVB 0LQRULP\ ,QPHUHVP

B 1RQFXUUHQP OLMNLOLPLHV (a) long-term borrowings- -

N GHIHUUHG PM[ OLMNLOLPLHV QHP0.57 1.03 F 2POHU ORQJPHUP OLMNLOLPLHVB 22.64

G IRQJPHUP SURYLVLRQV - Sub-total-Non-Current Liabilities22.45 23.67

DB FXUUHQP OLMNLOLPLHV (a) Short-term borrowings38.68 93.80

N 7UMGH 3M\MNOHV $  %B BD (A) total outstanding dues of micro enterprises and small enterprises; and - -

(B) total outstanding dues of creditors other than micro enterprises and small enterprises.4,204.34 771.45

(c) Other Current liabilities- - G 6ORUPPHUP SURYLVLRQV84.46 62.60

Sub-total-Current Liabilities4,327.48 927.85 727$I(48,7< $1G I,$%,I,7,(69,650.10 4,016.60

See accompnying notes to the financial statements As per our report on Balance Sheet

For M/s Choudhary Choudhary & CoFor MRC AGROTECH LIMITEDChartered Accountants

(Firm Regn No : 002910C)

(CA Alok Kumar Mishra )Ashok Kumar SinghVishal ParmarPratner(Chairman & Director)(Director)

(Membership No : 124184 )Din No: 08423436Din No : 10965417UDIN: 26124184GIUXTR9432

Place : MumbaiDate : 02/06/2026

Regd Office : Office No.404, 4th Floor, Sagar Tech Plaza-B, Off Andheri Kurla Road, Sakinaka, Andheri East, Mumbai - 400072CIN : L15100MH2015PLC269095

AUDITED FINANCIAL STATEMENT OF ASSETS AND LIABILITIES AS ON 31ST MARCH, 2026

----------------Page (9) Break----------------

Rs. In lacs

PARTICULARS31/03/202631/03/2025

CASH FLOW FROM OPERATING ACTIVITIES

Net Profit /(Loss) Before tax paid and extra ordinary items156.87 120.00

Less : Extra-ordinary items- -

156.87 120.00

Adũusted for :

Interest on Loan ( Non operating)50.92 57.11

Interest on FDR ( Non operating)- -

Others4.71 -

Depreciation & Public Issue Expenses6.94 0.68

Operating Profit/(Loss)before Working Capital Changes117.60 63.56

Adũusted for :

Trade Payable3,432.89 102.78

Other Current Liabilities- -6.36

Short Term Provision21.86 21.03

Inventory212.98 -89.48

Short Term Loans & Advances- -

Short term Borrowings-55.12 -66.51

Other Current Assets-188.70 -13.60

Misc Assets7.60 -7.60

Trade Receivable-3,477.16 224.71

71.94 228.52

Add : Extra ordinary items0.03 -

Less :Taxes Paid (TDS)40.79 32.40

NET CAS, FROM OPERATING ACTIVITIES(A)31.18 196.12

CAS, FLOW FROM INVESTING ACTIVITIES

Other Non-Current Assets (Investments)- 14.00

Loss on Sale of Assets- -

Interest on Investments (TDS)50.92 57.11

TDS on Interest - -

Long term Loans Given-541.80 -571.01

Other Long Term Liabilites-0.76 22.64

Fixed Assets-23.87 -454.08

NET CAS, FROM INVESTING ACTIVITIES(B)-515.50 -931.33

CAS, FLOW FROM FINANCING ACTIVITIES

Proceeds from issue of Share Capital428.59 721.20

Transfer to reserve- -

Public Issue Expenses- -

Loan from Director- -

NET CAS, FROM FINANCING ACTIVITIES(C)428.59 721.20

NET INCREASE IN CAS, & CAS, EYUIVALENT -55.72 -14.01

OPENING BALANCE OF CASH & CASH EQUIVALENT74.96 88.97

CLOSING BALANCE OF CASH & CASH EQUIVALENT19.24 74.96

See accompnying notes to the financial statements

As per our report on Cashflow Statement

For M/s Choudhary Choudhary & CoFor MRC AGROTECH LIMITED

Chartered Accountants

(Firm Regn No : 002910C)

(CA Alok Kumar Mishra )Ashok Kumar SinghVishal Parmar

Pratner(Chairman & Director)(Director)

(Membership No : 124184 )Din No: 08423436Din No : 10965417

UDIN: 26124184GIUXTR9432

Place : Mumbai

Date : 02/06/2026

Regd Office : Office No.404, 4th Floor, Sagar Tech Plaza-B, Off Andheri Kurla Road, Sakinaka, Andheri East, Mumbai -

400072

MRC AGROTECH LIMITED

AUDITED STANDALONE CASH FLOW STATEMENT ANNEXED TO THE BALANCE SHEET AS AT 31ST MAR, 2026

CIN : L15100MH2015PLC269095

----------------Page (10) Break----------------

CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764; Email : firmccco@gmail.com Website: www.ccco.co.in

Page 1 of 7

INDEPENDENT AUDITOR’S REPORT

Independent Auditor’s Report on the Annual Audited Consolidated Financial Results of MRC AGROTECH

LIMITED (“the Company”) having CIN No L15100MH2015PLC269095 for the quarter ended and year ended on

31st March, 2026 of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015.

To the Board of Directors of MRC AGROTECH LIMITED

Report on the Audit of the Consolidated Financial Results

Opinion

We have audited the accompanying consolidated quarterly and annual statement of financial results of MRC

AGROTECH LIMITED (the “Company” or “Parent”) and its subsidiaries (the Parent and its subsidiaries

together referred to as the “Group”), for the quarter and year ended on 31st March, 2026 and for the year to date

period from 01st April, 2025 to 31st March, 2026 attached herewith being submitted by the Company pursuant to the

requirement of regulation 33 of the SEBI (Listing obligation and Disclosure Requirements) Regulations, 2015, as

amended (the “Listing Regulations”) including relevant circulars issued by Securities and Exchange Board of India

(SEBI) from time to time.

a) Opinion on Annual Consolidated Financial Results

In our opinion and to the best of our information and according to the explanations given to us these consolidated

financial results:

i. include the financial results of the following entity:

Name of the subsidiary % Shareholding

Agronica Seeds Spark Private Limited 51%

MARSAPI Lifesciences Private Limited 100% (Wholly owned Subsidiary)

ii. Presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this

regard; and

iii. Give a true and fair view in conformity with the recognition and measurement Principles laid down

in the applicable Standards on Auditing (SAs) specified under section 143(10) of the Companies

Act, 2013 ("the Act") read with relevant rules issued thereunder and other accounting principles

generally accepted in India of the net profit/loss and other financial information of the group for the

quarter ended 31st March, 2026 as well as the year to date results for the period from 1st April, 2025

to 31st March, 2026.

b) Conclusion on Consolidated Financial Results for the quarter ended March 31, 2026

----------------Page (11) Break----------------

CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764; Email : firmccco@gmail.com Website: www.ccco.co.in

Page 2 of 7

With respect to the Consolidated Financial Results for the quarter ended March 31, 2026, based on our review

conducted as stated in paragraph (b) of Auditor’s responsibilities section below, nothing has observed which has

drawn our attention that causes us to believe that the consolidated Financial Results for the quarter ended March

31st, 2026, is not prepared in accordance with the recognition and measurement and principles laid down in the

Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the

information required to be disclosed in terms of Regulation 33 of the SEBI (listing Obligations and Disclosure

Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed or it may

contains any material misstatement.

Basis for Opinion on the Consolidated Financial Results for the year ended March 31, 2026

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of

the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the

Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section of our report. We are

independent of the Group, its Subsidiary in accordance with the Code of Ethics issued by the Institute of

Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the

Consolidated financial results under the provisions of the Companies Act, 2013 and the Rules thereunder, and we

have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We

believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Emphasis of Matter

We draw attention to the following matters in the notes to the financial statements:

Emphasis 1 - Investment in Marsapi Lifesciences Private Limited

We draw attention to Note [e] to the financial statements regarding the investment in Marsapi Lifesciences Private

Limited (100% subsidiary) of Rs.16.85 crore made during the year. The acquisition is pursuant to a Shareholders

Agreement dated 05 June 2025, on a share-swap basis (no cash consideration), whereby MRC Agrotech has issued

up to 86,42,097 equity shares at Rs.19.50 per share. The valuation is based on an indicative registered valuer’s

report. The investment makes Marsapi a wholly-owned subsidiary, accordingly consolidated financial statements

under Section 129(3) of the Companies Act, 2013 has been prepared. Our opinion is not modified in respect of

this matter.

Emphasis 2 - Agreement with Cicago Commodities Private Limited for assignment of loans

We draw attention to the Note (f) agreement entered into by the Company with Cicago Commodities Private Limited

for assignment of loans. The financial implications, terms and conditions of the said assignment and its impact on the

financial statements have been disclosed by the management in Note [f] to the financial statements. Our opinion is

not modified in respect of this matter.

----------------Page (12) Break----------------

CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764; Email : firmccco@gmail.com Website: www.ccco.co.in

Page 3 of 7

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the

consolidated financial statements for the financial year ended 31 March 2026. These matters were addressed in the

context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not

provide a separate opinion on these matters.

Description of Key Audit Matter How our audit addressed the matter

The Company is engaged, inter alia, in trading of

fruits and other perishable commodities. During the

year, the Company executed a number of back-to-

back trading transactions wherein purchases and

corresponding sales were completed within a short

period of time and, in certain cases, on the same

date. Such transactions involved direct movement

of goods through transporters and generated

relatively low gross margins.

Considering the volume of such transactions, the

timing of revenue recognition, the reliance on third-

party logistics arrangements and the judgement

involved in evaluating the commercial substance

and occurrence of such transactions, this area was

considered to be a Key Audit Matter.

Our audit procedures included, amongst others:

• Verification of selected purchase and

sales invoices on a sample basis;

• Matching of quantities, products and

dates between purchase and sales

transactions;

• Verification of e-way bills, transporter

documents, lorry receipts and delivery

acknowledgements;

• Examination of supplier confirmations,

transporter confirmations and supporting

logistics records;

• Verification of selected receipts and

payments through bank statements and

ledger accounts;

• Review of gross margins and transaction

patterns in respect of significant trading

transactions;

• Assessment of management

representations and supporting

documentation relating to the movement

and delivery of goods.

Based on the procedures performed, no material

exceptions were noted in respect of the selected

samples tested.

During the year, a significant portion of the

Company’s taxable outward supplies, aggregating

to approximately ₹38.10 crore (44.62% of total

taxable outward supplies of ₹85.39 crore), was

recognised during the month of March 2026.

We further note that substantial trading transactions

were undertaken with two counterparties that are

related to each other, though not related parties of

In view of the year-end concentration, we

performed the following additional procedures:

• Examination of invoices, e-way bills and

delivery documents for March 2026 on

an extended sample basis;

• Cut-off testing for the last 10 sales and

first 10 purchases around the year end;

• Verification of bank receipts and

----------------Page (13) Break----------------

CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764; Email : firmccco@gmail.com Website: www.ccco.co.in

Page 4 of 7

the Company under the Companies Act, 2013 or

the applicable accounting framework. These

counterparties accounted for approximately 53% of

the Company’s purchases and 23% of its sales

during the year.

In view of the concentration of trading activity

towards the end of the financial year and the

concentration with specific counterparties, this area

was considered to be a Key Audit Matter.

payments corresponding to the

concentrated transactions;

• Review of counterparty relationships and

management representations on arm’s

length nature;

• Analytical review of gross margin trend

across months.

Based on the audit procedures performed, no

material exceptions were noted. Our opinion is

not modified in respect of this matter.

During the year, the Company’s books of account

record exempt sales of Rs.81.14 crore and export

sales of Rs.0.06 crore. However, the GSTR-3B

returns filed for all twelve months of FY 2025-26

reflect total sales under Table 3.1(a) Outward

taxable supplies and do not separately report the

exempt supply.

The Company has explained that the goods traded

are agricultural commodities classified as exempt

under the applicable GST exemption notifications;

however, the bifurcation in GSTR-3B Table 3.1(c)

has not been carried out. This area was considered

to be a Key Audit Matter due to the materiality of

the amount and the risk of GST non-compliance.

Our audit procedures included:

• Reconciliation of books turnover with

GSTR-1, GSTR-3B and GSTR-2B for

each month of the year;

• Verification of HSN classification of

goods sold against applicable GST

exemption notifications under the CGST

Act, 2017;

• Verification of the export invoice and

supporting shipping documents, Letter of

Undertaking (LUT) and GSTR-1 Table

6A;

• Inquiry of management and review of

explanation for the non-bifurcation in

GSTR-3B.

Based on management’s explanations and

supporting documentation reviewed, we are

satisfied that the goods traded are of an exempt

nature. We have advised the Company to correct

the classification in future GSTR-3B filings. Our

opinion is not modified in respect of this matter.

Management’s Responsibilities for the Consolidated Financial Results

These quarterly as well as year to date consolidated financial results have been prepared on the basis of the

annual consolidated financial statements. The Company’s Board of Directors of Holding Company are

responsible for the preparation of these financial results that give a true and fair view of the net profit/loss and

other financial information of the Group including its Subsidiary in accordance with the recognition and

measurement principles laid down in Indian Accounting Standards prescribed under Section 133 of the Act read

with relevant rules issued thereunder and other accounting principles generally accepted in India and in

compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of

adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the

Group and its subsidiary and for preventing and detecting frauds and other irregularities; selection and

----------------Page (14) Break----------------

CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764; Email : firmccco@gmail.com Website: www.ccco.co.in

Page 5 of 7

application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent;

and design, implementation and maintenance of adequate internal financial controls that were operating

effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and

presentation of the Consolidated financial results that give a true and fair view and are free from material

misstatement, whether due to fraud or error.

In preparing the Consolidated financial results, the Board of Directors of the companies included in the group

and subsidiary are responsible for assessing the ability of the group and its subsidiary to continue as a going

concern, disclosing, as applicable, matters related to going concern and using the going concern basis of

accounting unless the Board of Directors either intends to liquidate the respective Company or to cease

operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the group and its subsidiary are also responsible

for overseeing the Company's financial reporting process of the group and subsidiary.

Auditor’s Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the consolidated financial results as a whole are

free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our

opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in

accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from

fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected

to influence the economic decisions of users taken on the basis of these consolidated financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional

skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the consolidated financial results, whether due to

fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that

is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material

misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion,

forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are

appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the

company’s internal controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and

related disclosures made by the management.

• Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and,

based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions

----------------Page (15) Break----------------

CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764; Email : firmccco@gmail.com Website: www.ccco.co.in

Page 6 of 7

that may cast significant doubt on the ability of the group and its subsidiary to continue as a going concern.

If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to

the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion.

Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However,

future events or conditions may cause the Company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the consolidated financial results, including the

disclosures, and whether the financial results represent the underlying transactions and events in a manner

that achieves fair presentation.

We communicate with those charged with governance of Holding Company of which we are the independent

auditors regarding, among other matters, the planned scope and timing of the audit and Significant audit

findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical

requirements regarding independence, and to communicate with them all relationships and other matters that

may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matters

Consolidated Financials Result of the company includes results of the 51% owned subsidiary “Agronica Seeds

Spark Private Limited”, We did not audit the financial statements of the subsidiary included in the consolidated

Financial Results, whose financial statements reflect total Assets of Rs. 1016.25 Lakhs as at 31st March, 2026

and Total Revenue and Profits of Rs. 73.21 Lakhs and Rs. 5.63 Lakhs for the Quarter ended 31st March, 2026

respectively. This financial statement of subsidiary has been audited by CA Anil G Jain, Membership No

039803, Proprietor Jain Anil & Associates whose Audit report have been furnished to us by the management and

our opinion and conclusion on the statement, in so far as it relates to the amounts and disclosures included in

respect of this subsidiary, is based solely on the reports of other Auditor’s responsibility section above.

Consolidated Financials Result of the company includes results of the wholly owned subsidiary “Marsapi

Lifesciences Private Limited”, We did not audit the financial statements of the subsidiary included in the

consolidated Financial Results, whose financial statements reflect total Assets of Rs. 3011.42 Lakhs as at 31st

March, 2026 and Total Revenue and Profits of Rs. 180.62 Lakhs and Rs. 5.99 Lakhs for the Quarter ended 31st

March, 2026 respectively. This financial statement of subsidiary has been audited by CA Anil G Jain,

Membership No 039803, Proprietor Jain Anil & Associates whose Audit report have been furnished to us by the

management and our opinion and conclusion on the statement, in so far as it relates to the amounts and

disclosures included in respect of this subsidiary, is based solely on the reports of other Auditor’s responsibility

section above.

----------------Page (16) Break----------------

CHOUDHARY CHOUDHARY & CO.

CHARTERED ACCOUNTANTS

Head Office: 338, 3rd Floor, V Spaces, V- Mall, Thakur Complex, Kandivali East, Mumbai – 400101

Telephone 91-9594189162, 9137585799, 9137585764; Email : firmccco@gmail.com Website: www.ccco.co.in

Page 7 of 7

The consolidated statement includes the quarterly results for the year ended 31st March 2026, being the balancing

figures between the audited figures in respect of the full financial year and the published figures up to the 3rd

Quarter of the current financial year which were subject to limited review by us.

For Choudhary Choudhary & Co.

Chartered Accountants

Firm Reg. No. 002910C

Alok Kumar Mishra

Partner

Membership No. 124184

Place: Mumbai

Date: 02.06.2026

UDIN: 26124184INRYSJ5601

----------------Page (17) Break----------------

3 months ended 3 months ended 3 months ended 12 months ended12 Months Ended

Sr NoPARTICULARS31-Mar-26 31-Dec-25 31-Mar-25 31-Mar-2631-Mar-25

Consolidated Audited Consolidated Unaudited Consolidated Audited Consolidated Audited Consolidated Audited

Rs. In lacs Rs. In lacs Rs. In lacs Rs. In lacs Rs. In lacs

IRevenue from operations6,835.15 1,160.19 2,131.94 8,988.08 3,330.63

IIOther Income4.67 14.24 14.03 50.92 57.11

III Total Revenue (I+II)6,839.81 1,174.43 2,145.97 9,039.00 3,387.75

IV Expenses- - - - -

a) Cost of Material consumed- - - - -

b) Purchase of Stock in trade6,613.09 1,084.52 2,018.10 8,609.08 3,126.04

c) Changes in Inventories of finished goods, work-in-progress and stock-in-trade2.46 - - 4.51 -

d) Employees benefits expense32.70 7.14 13.55 50.39 22.79

e) Finance Cost0.99 0.49 0.55 2.61 1.96

f) Depreciation and amortisation expenses5.86 4.43 4.76 17.39 13.34

g) Other Expenses46.35 51.64 24.15 165.80 73.63

Total Expenses6,701.45 1,148.22 2,061.11 8,849.77 3,237.75

V Profit before exceptional and extraordinary items and tax (III-IV)138.36 26.21 84.86 189.23 149.98

VIExceptional Items - - - - -

VII Profit before extraordinary items and tax (V-VI)138.36 26.21 84.86 189.23 149.98

VIII Extraordinary items - - - - -

Capital Gain On Sales Shares- - - -

Prior Period Expenses Which Where Overcharged has been Written Back- - - -

IX Profit Before Tax (VII-VIII)138.36 26.21 84.86 189.23 149.98

X Tax expense- - - - -

MB FXUUHQP 7M[BE BD BEE EB EBE

NB GHIHUUHG 7M[BD BE  B -

C)Short Provision of earlier year- - - - -

Total Expenses36.64 6.73 28.99 48.73 39.89

XI Profit (Loss) for the period from continuing operations (IX-X)101.72 19.48 55.87 140.49 110.08

Non Controlling InterestB B B B B

;HH 3URILP C IRVV IURP GLVFRQPLQXLQJ RSHUMPLRQV- - - - -

XIII Tax expense of discontinuing operations- - - - -

XIV Proft / (Loss) from discontinuing operations (after Tax) ( XII-XIII)- - - - -

XV Profit (Loss) for the period (XI + XIV)98.95 17.66 56.97 131.69 99.07

XVI Paid-up Equity Share Capital ( Face Value Rs. 10 Each)3,132.74 2,048.74 2,048.74 3,132.74 2,048.74

XVII Reserve excluding Revaluation Reserves as per balance sheet- - - - -

XVIII (A)i) Earnings Per Share (before extraordinary items) (of Rs. 10/- each) (not annualised):

(a) Basic(b) Diluted

0.03 0.01 0.03 0.04 0.04

XVIII (B)ii) Earnings Per Share (after extraordinary items) (of Rs.10/- each) (not annualised):

(a) Basic (b) Diluted

0.03 0.01 0.03 0.04 0.04

(a) The aformentioned results were reviewed by the Audit Committee of the Company

Board and subsequently taken on record by the Board of Directors of the Company at their meeting held on 02nd June 2026

(b) As the Company's Business activity falls in Single Primary segment viz. Trading in Agriculture

Products disclosure requirement under AS-17 Segment Reporting are not applicable.

(c )There was no Investor Complaint pending as on 31st March 2026

(d )The figures for the corresponding periods have been regrouped and rearranged wherever necessary, to make them comparable.

(e) The Company has Acquired MarsAPI Lifesciences Pvt Ltd during the year

(f)

As per our report on Profit and Loss statement

For M/s Choudhary Choudhary & CoFor MRC AGROTECH LIMITED

Chartered Accountants

(Firm Regn No : 002910C)

(CA Alok Kumar Mishra )Ashok Kumar Singh Vishal Parmar

Pratner(Chairman & Director) (Director)

(Membership No :124184 )Din No: 08423436Din No : 10965417

UDIN: 26124184INRYSJ5601

Place : Mumbai

Date : 02/06/2026

Regd Office : Office No.404, 4th Floor, Sagar Tech Plaza-B, Off Andheri Kurla Road, Sakinaka, Andheri East, Mumbai - 400072CIN : L15100MH2015PLC269095

ANNEXURE I TO CLAUSE 33 OF LISTING AGREEMENT

STATEMENT OF CONSOLIDATED AUDITED FINANCIAL RESULT FOR THE QUARTER ENDED 31ST MARCH, 2026

The Company has assigned its receivables (loans and advances totaling Rs. 7,30,00,978) to Cicago Commodities Private Limited on a non-recourse basis. Cicago Commodities agreed to settle specific trade creditor dues for the Company and paid the remaining balance to the Company. The transaction is at arm's length, in the ordinary course of

business, and does not affect the management or control of the company

----------------Page (18) Break----------------

Consolidated As at 31st March, 2026Consolidated As at 31st March, 2025

A. ASSETS1. Non-current assets

(a) Property, Plant & Equipment3,388.80 1,081.37 N 1RQFXUUHQP LQYHVPPHQPV0.10 0.10

F *RRGRLOO RQ FRQVROLGMPLRQ786.75 786.75 G IRQJPHUP ORMQV MQG MGYMQFHV1,447.09 846.81

H 2POHU QRQFXUUHQP MVVHPV- - Sub-total-Non-current assets5,622.74 2,715.03

2. Current assets (a) Current Investments- -

(b) Inventories175.06 221.39 F 7UMGH UHFHLYMNOHV4,976.42 1,022.13

(d) Cash and Bank Balances44.81 80.21 (e) Short-term loans and advances375.00 405.10

(f) Other current assets273.48 74.93 (g) Misc Expenses (Assets)- 9.21

Sub-total-Current assets5,844.77 1,812.96 TOTAL-ASSETS11,467.51 4,527.99

B. EQUITY AND LIABILITIES

(a) Share capital 3,132.74 2,048.74 (b) Reserves and surplus2,200.52 1,027.80

(c) Capital Reserves1.13 - G 0RQH\ UHFHLYHG MJMLQVP VOMUH RMUUMQPV

Sub-total-shareholders funds5,334.39 3,076.54 B 6ORUPPHUP $GYMQFHV

B 0LQRULP\ ,QPHUHVP118.53 109.68 B 1RQFXUUHQP OLMNLOLPLHV

(a) long-term borrowings680.30 - (b) Deferred tax liabilities (net)0.57 1.03

F 2POHU ORQJPHUP OLMNLOLPLHVB B G IRQJPHUP SURYLVLRQV 

Sub-total-Non-Current Liabilities702.75 23.67 DB FXUUHQP OLMNLOLPLHV

(a) Short-term borrowings313.01 449.02 N 7UMGH 3M\MNOHV $  %4,864.85 798.52

(A) total outstanding dues of micro enterprises and small enterprises; and - -

(B) total outstanding dues of creditors other than micro enterprises and small enterprises.4,864.85 798.52

(c) Other Current liabilities- - G 6ORUPPHUP SURYLVLRQV133.99 70.55

Sub-total-Current Liabilities5,311.84 1,318.09 727$I(48,7< $1G I,$%,I,7,(611,467.51 4,527.99

As per our report on Balance SheetFor M/s Choudhary Choudhary & CoFor MRC AGROTECH LIMITED

Chartered Accountants(Firm Regn No : 002910C)

(CA Alok Kumar Mishra )Ashok Kumar SinghVishal ParmarPratner(Chairman & Director)(Director)

(Membership No :124184 )Din No: 08423436Din No : 10965417UDIN: 26124184INRYSJ5601

Place : Mumbai

Date : 02/06/2026

Regd Office : Office No.404, 4th Floor, Sagar Tech Plaza-B, Off Andheri Kurla Road, Sakinaka, Andheri East, Mumbai - 400072CIN : L15100MH2015PLC269095

AUDITED CONSOLIDATED FINANCIAL STATEMENT OF ASSETS AND LIABILITIES AS ON 31ST MARCH, 2026

See accompnying notes to the financial statements

----------------Page (19) Break----------------

Rs. In lacs

PARTICULARS31/03/202631/03/2025

CASH FLOW FROM OPERATING ACTIVITIES

Net Profit /(Loss) Before tax paid and extra ordinary items197.92 142.48

Less : Extra-ordinary items- -

197.92 142.48

Adũusted for :

Interest on Loan ( Non operating)50.92 57.11

Interest on FDR ( Non operating)- -

Others4.71 -

Depreciation & Public Issue Expenses19.77 13.34

Operating Profit/(Loss)before Working Capital Changes171.47 98.71

Adũusted for :

Trade Payable4,105.57 129.85

Other Current Liabilities- -6.36

Short Term Provision-95.08 28.52

Inventory208.33 -89.48

Short Term Loans & Advances22.91 -405.10

Short term Borrowings-568.63 316.26

Other Current Assets-198.55 -5.77

Misc Assets10.46 -7.06

Trade Receivable-3,973.54 44.81

-317.06 41.68

Add : Extra ordinary items0.03 3.13

Less :Taxes Paid 51.46 32.40

NET CAS, FROM OPERATING ACTIVITIES(A)-368.49 12.41

CAS, FLOW FROM INVESTING ACTIVITIES

Other Non-Current Assets (Investments)- 14.00

Loss on Sale of Assets- -

Interest on Investments (TDS)50.92 57.11

TDS on Interest - -

Long term Loans Given-153.80 -571.01

Other Long Term Liabilites-0.76 22.64

Fixed Assets-27.68 -488.98

NET CAS, FROM INVESTING ACTIVITIES(B)-131.32 -966.23

CAS, FLOW FROM FINANCING ACTIVITIES

Proceeds from issue of Share Capital428.59 721.20

Transfer to reserve- -

Public Issue Expenses- -

Loan from Director29.24 -

NET CAS, FROM FINANCING ACTIVITIES(C)457.84 721.20

NET INCREASE IN CAS, & CAS, EYUIVALENT -41.97 -232.62

OPENING BALANCE OF CASH & CASH EQUIVALENT86.78 92.19

CLOSING BALANCE OF CASH & CASH EQUIVALENT44.81 -140.42

See accompnying notes to the financial statements

As per our report on Cashflow

For M/s Choudhary Choudhary & CoFor MRC AGROTECH LIMITED

Chartered Accountants

(Firm Regn No : 002910C)

(CA Alok Kumar Mishra )Ashok Kumar Singh Vishal Parmar

Pratner(Chairman & Director)(Director)

(Membership No :124184 )Din No: 08423436 Din No : 10965417

UDIN: 26124184INRYSJ5601

Place : Mumbai

Date : 02/06/2026

Regd Office : Office No.404, 4th Floor, Sagar Tech Plaza-B, Off Andheri Kurla Road, Sakinaka, Andheri East, Mumbai - 400072

MRC AGROTECH LIMITED

AUDITED CONSOLIDATED CASH FLOW STATEMENT ANNEXED TO THE BALANCE SHEET AS AT 31ST MARCH, 2026

CIN : L15100MH2015PLC269095

----------------Page (20) Break----------------