$BRIA

BrilliA Inc

CIK:0002000230|SEC Filings

Consolidated Statements of Profit or Loss and Other Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2026	Mar. 31, 2025	Mar. 31, 2024
Cost of materials	$ (26,112)	$ (35,527)	$ (30,728)
Contract manufacturers charges	(15,892)	(18,433)	(16,596)
Gross profit	6,984	10,431	8,640
Other income	301	180	120
Depreciation of property, plant and equipment	(52)	(47)	(36)
Depreciation of right-of-use assets	(417)	(412)	(163)
Employee benefit expense	(3,693)	(3,373)	(2,295)
Other expenses	(2,994)	(3,040)	(2,032)
Finance costs	(93)	(116)	(9)
Net (loss)/reversal on impairment of financial assets	227	(4)	(236)
Profit before income taxes	263	3,619	3,989
Income tax expenses	(278)	(800)	(705)
Profit/(Loss) for the financial period	(15)	2,819	3,284
Other comprehensive income/(loss)
(Loss)/Gain on foreign currency translation	(80)	(36)	(97)
Other comprehensive (loss)/income, net of tax	(80)	(36)	(97)
Total comprehensive income/(loss) for the period	(95)	2,783	3,187
Profit/(Loss) attributable to:
Owners of the parent	(17)	2,815	3,281
Non-controlling interest	2	4	3
Profit/(Loss) attributable to owners of the parent and non-controlling interest	(15)	2,819	3,284
Total comprehensive income/(loss) attributable to:
Owners of the parent	(96)	2,779	3,184
Non-controlling interest	1	4	3
Total comprehensive income/(loss) attributable to owners of the parent and non-controlling interest	$ (95)	$ 2,783	$ 3,187
Weighted average number of ordinary shares
Basic (in Shares)	25,000,000	23,342,466	22,500,000
Diluted (in Shares)	25,000,000	23,342,466	22,500,000
Earnings/(loss) per share attributable to ordinary shareholders
Basic (in Dollars per share)	$ (0.01)	$ 0.12	$ 0.15
Diluted (in Dollars per share)	$ (0.01)	$ 0.12	$ 0.15
Third Parties
Revenue	$ 48,988	$ 63,733	$ 55,964
Related Parties
Revenue		$ 658

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2026	Mar. 31, 2025	Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before income taxes	$ 263	$ 3,619	$ 3,989
Adjustments to reconcile net profit to net cash used in operating activities:
Depreciation of property, plant and equipment	52	47	36
Depreciation of right-of-use assets	417	412	163
Gain on other investments	(45)
Finance cost	93	116	9
Interest income	(191)	(185)	(106)
Net loss/(gain) on impairment of financial assets	(227)	4	236
Operating cashflow before changes in working capital	362	4,013	4,327
Changes in operating assets and liabilities:
Deferred offering cost		837	(837)
Inventories	284	(187)	(1,362)
Trade and other receivables	(1,392)	1,793	(4,811)
Trade and other payables	2,274	(11,293)	3,381
Amounts due from/(to) related parties	(1,231)	350	(356)
Income tax paid	(36)	(33)	(198)
Net cash (used in)/provided by operating activities	261	(4,520)	144
CASH FLOWS FROM INVESTING ACTIVITIES
Additions of right-of-use assets	(8)
Other investments	1,040	(1,000)
Interest income	191	185	106
Purchase of plant and equipment	(94)	(72)	(57)
Net cash (used in)/provided by investing activities	1,129	(887)	49
CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of shares - net		7,187
Advances from directors		3
Advances/(Repayments) to shareholders	(52)	(5)	612
Dividends paid	(3,325)		(3,151)
Net repayments of lease liabilities	(390)	(361)	(202)
Interest paid	(93)	(116)	(9)
Net cash provided by/(used in) financing activities	(3,860)	6,708	(2,750)
Net increase/(decrease) in cash and cash equivalents	(2,470)	1,301	(2,557)
Effects of exchange rate changes on cash and cash equivalents	(92)	18	(106)
Cash and bank balances at beginning of year	7,703	6,384	9,047
Cash and bank balances at end of year	$ 5,141	$ 7,703	$ 6,384

Consolidated Statements of Financial Position - USD ($) $ in Thousands	Mar. 31, 2026	Mar. 31, 2025
Non-current assets
Property, plant and equipment, net	$ 186	$ 136
Right-of-use assets	1,426	1,580
Other investments	5	1,000
Total non-current assets	1,617	2,716
Current assets
Inventories	6,997	7,281
Trade and other receivables	12,025	10,406
Amounts due from related parties	1,341	235
Income tax recoverable	91	67
Cash and cash equivalents	5,141	7,703
Total current assets	25,595	25,692
Total assets	27,212	28,408
Non-current liabilities
Lease liabilities	1,055	1,299
Total non-current liabilities	1,055	1,299
Current liabilities
Trade and other payables	7,667	5,393
Amount due to directors	3	3
Amount due to shareholders		52
Amount due to related parties		125
Lease liabilities	487	382
Income tax payable	3,346	3,080
Total current liabilities	11,503	9,035
Total liabilities	12,558	10,334
Capital and reserves
Share capital	13,848	13,848
Merger reserve	(5,913)	(5,913)
Translation reserve	(260)	(180)
Retained earning	6,962	10,303
Total BrilliA Inc. shareholders’ equity	14,637	18,058
Non-controlling interests	17	16
Total shareholders’ equity	14,654	18,074
Total liabilities and equity	$ 27,212	$ 28,408