Company Overview
Assam Entrade Limited, an RBI-registered Non-Banking Financial Company (NBFC), filed its annual report and consolidated financial statements for FY 2025-26. The company operates primarily in financial services with additional real estate development activities through its integrated township project in Kanpur.
Financial Performance
FY26 witnessed a decline in profitability with standalone net profit decreasing to ₹197.39 lakhs from ₹302.49 lakhs in FY25, representing a 35% drop. Revenue from operations stood at ₹800.37 lakhs (FY25: ₹854.75 lakhs), while other income increased to ₹465.73 lakhs. Consolidated performance mirrored this trend with net profit of ₹197.52 lakhs. Basic EPS declined to ₹13.71 from ₹21.01 in the previous year.
Key Financial Position
The company maintains significant exposure to related parties with unsecured loans of ₹3,417.17 lakhs primarily to Mantora Oil Products Private Limited, generating interest income of ₹368.73 lakhs. Investments total ₹1,204.89 lakhs in subsidiaries and other private companies. The balance sheet shows capital work-in-progress of ₹584.26 lakhs for the township project, which remains in pre-launch stage with no commercial revenue recognized.
Corporate Governance & AGM
The 41st Annual General Meeting is scheduled for September 25, 2026, to be conducted via video conferencing. Agenda items include adoption of financial statements, re-appointment of Mr. Nishant Gupta as director, appointment of Mr. Sunil Kumar Gupta as Independent Director, and appointment of HKS & Associates as Secretarial Auditors for five years.
Subsidiaries & Related Parties
The company has two subsidiaries: Sumeru Commosales Private Limited (55.56% ownership) and Pacific Barter Private Limited (step-down subsidiary). Significant related party transactions include loans to Mantora Oil Products and interest payments totaling ₹21.79 lakhs to directors. The company reported gross NPAs of ₹54.58 lakhs, all from related parties.
Key Ratios & Metrics
Financial ratios show mixed performance: Current Ratio improved to 160.74 (from 105.69), while Return on Equity declined to 3.08% (from 4.87%). Debt-Equity ratio remained stable at 0.04. The company transferred ₹39.48 lakhs to Statutory Reserves under RBI Act requirements and did not recommend any dividend for FY26 to strengthen financial position.