Company Overview

Fundviser Capital (India) Limited reported strong financial performance for FY 2025-26 with consolidated net profit increasing 22% YoY to ₹324.55 lakh. Revenue from operations surged 275% to ₹12,395.96 lakh, primarily driven by substantial growth in merchant trading and derivative sales activities.

Financial Performance

Consolidated Results (₹ in Lakhs):

  • Revenue from Operations: ₹12,395.96 (Previous Year: ₹3,306.86)
  • Profit Before Tax: ₹434.41 (Previous Year: ₹283.97)
  • Net Profit After Tax: ₹324.55 (Previous Year: ₹266.47)
  • EPS: ₹5.48 basic, ₹2.96 diluted (Previous Year: ₹5.17 basic, ₹4.50 diluted)

Standalone Results (₹ in Lakhs):

  • Revenue from Operations & Other Income: ₹1,169.77 (Previous Year: ₹216.71)
  • Net Profit After Tax: ₹43.75 (Previous Year: ₹43.08)

Capital Structure & Fundraising

The company significantly expanded its equity base, issuing 27.47 lakh new shares and raising ₹2,584.68 lakh in securities premium. Through a preferential issue, the company allotted 64,85,000 convertible warrants, receiving ₹38.09 crore (25% on allotment and 75% on conversion of 19,85,000 warrants). Outstanding convertible warrants total 45,00,000 with ₹41.34 crore receivable.

AGM & Corporate Governance

The 41st Annual General Meeting is scheduled for September 22, 2026, via video conference. Key agenda items include adoption of financial statements, reappointment of Mrs. Kriti Jain as Whole Time Director, and appointment of M/s M.A. Shah & Co. as new statutory auditors replacing JMT & Associates. Shareholders will also vote on alteration of preferential issue fund utilization objects.

Fund Utilization Alteration

The company revised its preferential fund utilization plan, reallocating ₹41.34 crore balance:

  • Zero allocation to DARS Transtrade (₹31.26 crore reduction) due to operational difficulties
  • Zero allocation to Starlight Box Theatres (₹7.35 crore reduction) due to slow concept response
  • ₹23 crore allocated to newly acquired Silver Sage Trading LLC
  • ₹14.74 crore allocated to Fundviser Capital's ongoing operations

Subsidiaries & Business Segments

The company consolidated three subsidiaries: DARS Transtrade (51.12%), Starlight Box Theatres (51.61%), and New India RE & Infra LLP (64%), plus newly acquired 100% subsidiary Silver Sage Trading LLC. Segment performance showed merchant & foreign trading as the major growth driver with ₹10,480.37 lakh revenue, while media & entertainment contributed ₹746.02 lakh revenue with ₹1,098.13 lakh profit.

Cash Flow & Financial Position

Operational cash flow was negative at ₹(4,182.85) lakh due to significant increase in trade receivables (₹3,904.26 lakh) and inventories (₹779.50 lakh). Total equity stood at ₹4,257.71 lakh with cash equivalents of ₹1,163.91 lakh at year-end.

Regulatory Compliance & Shareholding

The company complied with SEBI LODR regulations despite minor fines for delayed filings. Major shareholders include Kriti Jain (22.47%), Trikaal Theatres & Realty India Pvt Ltd (14.56%), and Moksh Finvest & Advisors LLP (13.73%). Dematerialized shares represent 89.90% of the ₹7.90 crore listed capital.