Key Quantitative Figures
Quarter Ended September 30, 2026 (Unaudited):
- Total Income: ₹40.15 Lakhs
- Profit Before Tax: ₹24.49 Lakhs
- Tax Expense: ₹6.50 Lakhs
- Profit for the Period: ₹17.99 Lakhs
- Basic & Diluted EPS: Not quantifiable from provided data (table appears corrupted)
Half-Year Ended September 30, 2026 (Unaudited):
- Total Income: ₹82.18 Lakhs
- Profit Before Tax: ₹51.23 Lakhs
- Tax Expense: ₹12.89 Lakhs
- Profit for the Period: ₹38.34 Lakhs
Balance Sheet as of September 30, 2026 (Unaudited):
- Total Assets: ₹1,214.87 Lakhs
- Financial Assets: ₹1,057.39 Lakhs (including Loans: ₹912.50 Lakhs)
- Total Liabilities: ₹173.40 Lakhs
- Total Equity: ₹1,041.47 Lakhs
- Paid-up Equity Share Capital: ₹490.72 Lakhs (Face Value: ₹10.00 per share)
Dates of Action
- Board Meeting Date: November 13, 2026 (commenced at 11:00 AM, concluded at 1:20 PM)
- Financial Period: Quarter and Half Year ended September 30, 2026
- Limited Review Report Date: November 13, 2026
Parties Involved
- Statutory Auditor: Srivatsan & Associates (FRN: 014921S)
- Counterparty: M/s. Aryav Exports Private Limited
- Regulatory References: SEBI (LODR) Regulations, 2015; RBI Act, 1934 Section 45-IA
Auditor's Qualified Opinion
The statutory auditors issued a qualified limited review report highlighting:
- The company has not received interest on an inter-corporate deposit of ₹200 Lakhs given to M/s. Aryav Exports Private Limited on July 4, 2017
- Consequently, no interest has been accrued for the quarter ending September 30, 2026
- Had the company provided for this outstanding balance, net owned funds would be below RBI's minimum requirements for NBFCs
- This casts significant doubt on the company's ability to continue as a going concern as an NBFC
- The company's continuation depends on capital infusion to meet RBI net owned funds criteria within prescribed time limits
Financial Impact
- The ₹200 Lakh inter-corporate deposit remains outstanding with accrued interest unrecognized
- Specific financial impact of non-provisioning is not quantified in the disclosure
- Going concern assumption is challenged due to potential net owned funds shortfall
Segment Information
- Single reportable segment: Financial Services (NBFC activities)
- Segment Revenue for Q2 September 2026: ₹40.15 Lakhs
- Segment Results (Profit before tax and interest) for Q2 September 2026: ₹28.37 Lakhs
Cash Flow Information (Half-Year Ended September 30, 2026)
- Net cash from operating activities: ₹2.07 Lakhs
- Net cash used in investing activities: ₹-43.75 Lakhs
- Net cash from financing activities: ₹39.76 Lakhs
- Net decrease in cash and cash equivalents: ₹-1.92 Lakhs
- Cash and cash equivalents at period end: ₹21.10 Lakhs
#Tags: #DharaniFinance #SEBIDisclosure #RegulatoryCompliance #FinancialResults #NBFC #Negative