FynX Capital FY26 Net Loss of ₹124.41 Lakh

Board Meeting Details

The Meeting of the Board of Directors was held on Thursday, May 28, 2026, commencing at 03:00 PM and concluding at 05:30 PM.

Key Outcomes and Approvals

The Board of Directors considered, approved, and took on record the following items:

1. Appointment of Internal Auditor

Appointed M/s. Anil Bhutra & Co, Chartered Accountants as the Internal Auditor for the Financial Year 2026-27, effective May 28, 2026.
The firm is described as having extensive experience in internal audit and internal financial control reviews.

2. Appointment for Secretarial Compliance Report

Appointed Gaurav Agarwal & Associates, Practicing Company Secretary, for the issuance of the annual secretarial compliance report for the year ended March 31, 2026.

3. Audited Financial Results

Approved the Standalone Audited financial results for the quarter and financial year ended March 31, 2026, along with the Audit Report.
The Statutory Auditor, M/s. N. C. Vaishnav & Co. (Firm Registration No: 112712W), issued an Audit Report with an unmodified opinion.
A declaration signed by the Managing Director pursuant to Regulation 33(3)(d) was provided.

4. Increase in Authorized Share Capital

Approved to increase the Authorized Share Capital of the Company from ₹25,00,00,000 (Rupees Twenty-Five Crores) divided into 25,00,00,000 equity shares of ₹1 each to ₹1,05,00,00,000 (Rupees One Hundred and Five Crores) divided into 1,05,00,00,000 equity shares of ₹1 each.
The additional 80,00,00,000 equity shares will rank pari-passu with existing shares.
This approval is subject to shareholder approval and consequent alteration of the Capital Clause of the Memorandum of Association (MOA).

5. Related Party Transactions

Approved a Related Party Transaction with M/s. Parshwashanti Buildinfra Projects Private Limited.
Approved a Related Party Transaction with Billmart Fintech Private Limited.

6. Other Approvals

Approved an increase in the sitting fees of independent directors.
Fixed the Day, Date, Time, and Venue for convening an Extraordinary General Meeting (EGM) and approved the draft notice.
Appointed a Scrutinizer for the scrutiny of e-voting results and voting through poll at the EGM.

Detailed Financial Results (Standalone)

Period: Financial Year and Quarter ended March 31, 2026 (Audited)

Assets (as of Mar 31, 2026)

Total Assets: ₹4329.30 Lakh (Previous Year: ₹1970.31 Lakh)
Financial Assets: ₹4155.33 Lakh
Loans: ₹313.17 Lakh
Investments: ₹32.79 Lakh
Cash and cash equivalents: ₹458.04 Lakh
Other Financial assets: ₹3351.33 Lakh
Non-Financial Assets: ₹173.97 Lakh
Deferred tax assets (Net): ₹111.55 Lakh
Property, Plant and Equipment: ₹30.91 Lakh
Other non-financial assets: ₹24.73 Lakh
Other Intangible assets: ₹2.19 Lakh
Current tax assets (Net): ₹4.59 Lakh

Liabilities and Equity (as of Mar 31, 2026)

Total Liabilities and Equity: ₹4329.30 Lakh
Financial Liabilities: ₹2541.50 Lakh
Borrowings: ₹2150.00 Lakh
Other financial liabilities: ₹344.49 Lakh
Trade Payables: ₹46.01 Lakh (Micro/Small: ₹45.97 Lakh; Others: ₹1.04 Lakh)
Non-Financial Liabilities: ₹200.16 Lakh
Provisions: ₹184.84 Lakh
Other non-financial liabilities: ₹15.32 Lakh
Equity: ₹1587.64 Lakh
Equity Share capital: ₹2000.00 Lakh (200,000,000 equity shares of Re. 1/- each)
Other Equity: (₹412.36) Lakh

Statement of Profit and Loss (FY Ended Mar 31, 2026)

Total Income: ₹249.44 Lakh
Total Expenses: ₹393.30 Lakh
Employee benefits expenses: ₹102.70 Lakh
Depreciation and amortisation expenses: ₹7.53 Lakh
Other expenses: ₹71.94 Lakh (including Conveyance & Travelling: ₹3.21 Lakh, Director Remuneration: Not quantified separately)
Bad debt: ₹41.43 Lakh
Legal & Professional fees: ₹29.58 Lakh
NPA provision: ₹5.45 Lakh
Provision Against Standard Asset: ₹131.46 Lakh
Commission Cost: Not quantified in disclosure
Loss from operations before other income: (₹143.86) Lakh
Other Income: ₹53.54 Lakh
Loss before finance costs: (₹197.41) Lakh
Finance costs: Not quantified in disclosure
Loss before tax: (₹197.41) Lakh
Tax Expenses:
Deferred: (₹64.72) Lakh
Net Loss for the period: (₹124.41) Lakh
Earnings per share (of Re. 1/- each):
Basic: (₹0.07)
Diluted: (₹0.07)

Cash Flow Statement (FY Ended Mar 31, 2026)

Net cash from operating activities: (₹6250.20) Lakh
Net cash from investing activities: ₹3852 Lakh
Net cash from financing activities: ₹2150.00 Lakh
Net decrease in cash and cash equivalents: (₹1146.03) Lakh
Cash and cash equivalents at end of year: ₹458.04 Lakh (Balance with Banks in Current account: ₹457.92 Lakh; Cash on hand: ₹0.13 Lakh)

Shareholding Pattern (As of Mar 31, 2026)

Public Shareholding: 50,200,000 shares (25.10%)
Promoter & Promoter Group Shareholding: 149,800,000 shares (74.90%)
Pledged/Encumbered Shares: Nil (0.00% of promoter holding and total capital)

Investor Complaints

Pending at start of quarter: Nil
Received during quarter: Nil
Disposed of during quarter: Nil
Unresolved at end of quarter: Nil

Large Corporate Disclosure

Pursuant to SEBI Circular dated October 19, 2023, the company submitted that:

Outstanding Qualified Borrowings at start and end of FY26: Nil
Incremental borrowing during the year (qualified borrowings): Nil
Borrowings by way of debt securities during the year: Nil
The company declared it does not fall under the Large Corporates (LC) category.

Notes to Financial Results

The company completed a stock-split from a face value of ₹10 per share to Re. 1 per share during the year/quarter. The number of shares was previously 20,000,000 and revised to 200,000,000.
Figures for previous periods have been re-arranged and/or regrouped for conformity.
The company is primarily engaged in finance.

Declaration

A declaration pursuant to Regulation 33(3)(d) states that the Statutory Auditors have not expressed any modified opinion in their Audit Report for the year ended March 31, 2026.

#Tags: #FynXCapital #SEBIDisclosure #RegulatoryCompliance #FinancialResults #Negative