Company Overview
Arix Energix Limited (formerly Jupiter Infomedia Limited, scrip code: 534623) has undergone significant strategic transformation, including a name change effective July 17, 2026, and expansion into AI, machine learning, and clean energy sectors.
Financial Performance FY26
The company reported a standalone net loss of ₹28.17 lakhs for FY 2025-26, a sharp reversal from the ₹52.99 lakh profit in FY25. This deterioration was driven by reduced sales and operating income (₹0.62 lakhs vs ₹1.48 lakhs) and lower other income (₹13.01 lakhs vs ₹116.41 lakhs). On a consolidated basis, the company maintained profitability with ₹96.79 lakh net profit, though significantly lower than the previous year's ₹561.38 lakh.
Key Corporate Developments
The Board approved raising up to ₹50 crore through a preferential issue but withdrew the application on August 27, 2026 due to unfavorable market conditions. The company increased authorized share capital to ₹20 crore and is seeking to shift its registered office from Maharashtra to Gujarat. Investments in subsidiaries remained stable with ₹31.22 million in Jineshvar Securities Private Limited (RBI registered NBFC) and ₹18.92 million in Netlink Solutions (India) Limited (54.65% owned, BSE listed).
AGM and Governance Matters
The 21st Annual General Meeting is scheduled for September 29, 2026, to adopt financial statements, reappoint Mrs. Kajal Gopal Baldha as director, and authorize related party transactions for FY 2026-27 with specified parties up to ₹10 crore per annum. The company confirmed no material post-reporting events, undisclosed income, or regulatory non-compliances as of March 31, 2026.
Operational Highlights
All office lease arrangements were terminated during the year, with gains recognized as other income. The company maintains investments at fair value through profit or loss of ₹33.98 million (Level 1) and has minimal credit risk exposure. Financial ratios showed significant deterioration including Return on Equity at -3.05% (vs 5.56% in FY25) and Net Profit Ratio at -4515.75% (vs 3570.73% in FY25).