Company Overview
Galactico Corporate Services Limited (Scrip Code: 542802, CIN: L74110MH2015PLC265578) disclosed its FY26 financial results and convened its 11th Annual General Meeting scheduled for September 12, 2026.
Financial Performance
Standalone Financials (FY26): Reported net profit of ₹1.07 crore on total income of ₹5.26 crore, with revenue from operations at ₹3.90 crore and other income contributing ₹1.36 crore.
Consolidated Financials (FY26): Achieved net profit of ₹1.58 crore on total income of ₹26.15 crore, representing a decline from FY25 performance. Revenue from operations stood at ₹23.55 crore while other income contributed ₹2.60 crore. The company reported segment performance across Investment Banking (₹39.03 million revenue), Packaged Drinking Water (₹133.53 million), and Pest Control Services (₹62.92 million).
Capital Structure & Corporate Actions
The company completed a rights issue of 3.43 crore shares at ₹1.75 per share, raising ₹5.99 crore, and increased authorized share capital from ₹15.00 crore to ₹20.00 crore during FY26. The AGM agenda includes proposals to further increase authorized share capital to ₹24.50 crore and issue 1.80 crore warrants to promoter Charushila Vipul Lathi at ₹2.03 per warrant aggregating ₹3.65 crore, which would increase promoter holding from 45.47% to 50.35%.
Subsidiary Performance
Instant Finserve Private Limited (99.50% holding) reported a loss of ₹0.23 million with total assets of ₹388.98 million. Seven Hills Beverages Limited (99.72% holding) achieved profit of ₹1.73 million on turnover of ₹133.5 million. Palwe Pest Control Private Limited (50.34% holding) reported profit of ₹3.67 million on turnover of ₹62.9 million. The company divested its holding in Galactico Visionary Consulting Limited and Ronak Global Trade during the year.
AGM Agenda Items
Key resolutions include adoption of financial statements, re-appointment of directors Vipul Dileep Lathi and Sandeep Balasaheb Palwe, ratification of material related party transactions with Instant Finserve totaling ₹26.20 crore, and approval for future transactions up to ₹7 crore.
Corporate Governance & Compliance
The Board comprises 8 directors with 12 meetings held during FY26. Key committees include Audit, Nomination & Remuneration, and Stakeholders Relationship Committee. The company maintains listings on BSE Limited and filed disclosures under SEBI Listing Regulations.
Financial Position
Consolidated total assets stood at ₹704.33 million with total equity of ₹418.27 million. The investment portfolio includes quoted investments of ₹80.10 million and unquoted investments of ₹18.20 million. Significant related party transactions included advances of ₹135.05 million to Instant Finserve.
No dividend was recommended for FY26 to conserve resources, with remote e-voting scheduled for September 9-11, 2026.