GCM Commodity & Derivatives Limited submitted its audited standalone financial results for the half year and year ended March 31, 2026, to BSE Limited in compliance with SEBI (LODR) Regulations, 2015 Regulation 33(3).

The board meeting to approve the results commenced at 11:00 Hrs and concluded at 12:15 Hrs on May 25, 2026. The company declared that the auditors' report on the annual financial results carries an unmodified opinion.

Financial Performance (₹ in Lakhs)

Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹4.23
  • Other Income: ₹84.00
  • Total Income: ₹88.23
  • Total Expenses: ₹406.65
  • Loss before Tax: ₹(318.42)
  • Tax Expenses: ₹(0.00)
  • Profit/(Loss) for the Year: ₹(318.42)
  • Other Comprehensive Income: ₹61.22
  • Total Comprehensive Income: ₹(257.20)
  • Earnings Per Share (Basic & Diluted): ₹(4.29)

Half Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹4.12
  • Other Income: ₹42.42
  • Total Income: ₹46.54
  • Total Expenses: ₹168.62
  • Loss before Tax: ₹(196.34)
  • Tax Expenses: ₹(0.00)
  • Profit/(Loss) for the Period: ₹(196.34)
  • Other Comprehensive Income: ₹133.38
  • Total Comprehensive Income: ₹(62.96)
  • Earnings Per Share (Basic & Diluted): ₹(1.64)

Comparative Figures

Corresponding Year Ended March 31, 2025 (Audited):

  • Revenue from Operations: ₹0.00
  • Other Income: ₹102.95
  • Total Income: ₹102.95
  • Total Expenses: ₹542.52
  • Loss before Tax: ₹(439.57)
  • Tax Expenses: ₹1.12
  • Profit/(Loss) for the Year: ₹(440.68)
  • Other Comprehensive Income: ₹(136.98)
  • Total Comprehensive Income: ₹(577.66)
  • Earnings Per Share (Basic & Diluted): ₹(5.93)

Balance Sheet Position as at March 31, 2026 (₹ in Lakhs)

Assets:

  • Total Non-Current Assets: ₹300.89 (Previous: ₹434.43)
  • Total Current Assets: ₹1,503.87 (Previous: ₹1,431.86)
  • Total Assets: ₹1,804.76 (Previous: ₹1,866.29)

Equity & Liabilities:

  • Equity Share Capital: ₹742.70 (Unchanged)
  • Reserves & Surplus: ₹(415.42) (Previous: ₹(155.55))
  • Total Equity: ₹327.28 (Previous: ₹587.15)
  • Total Current Liabilities: ₹1,477.48 (Previous: ₹1,279.14)
  • Total Liabilities: ₹1,477.48 (Previous: ₹1,279.14)

Cash Flow Statement for Year Ended March 31, 2026 (₹ in Lakhs)

  • Net Cash From Operating Activities: ₹(7.29)
  • Net Cash from Investing Activities: ₹156.28
  • Net Cash used in Financing Activities: ₹1.89
  • Net Increase in Cash & Cash Equivalents: ₹150.88
  • Closing Balance of Cash & Cash Equivalents: ₹262.49

Key Notes and Disclosures

1. The company operates in a single business segment of "Finance & Investments" as per IndAS 108.

2. Results were reviewed by the Audit Committee and taken on record by the Board of Directors on May 25, 2026.

3. Financial statements prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015.

4. Figures for half years ended March 31, 2026 and March 31, 2025 are balancing figures between audited full year figures and published year-to-date figures.

5. Some dormant bank accounts (HDFC Bank, Yes Bank, ICICI Bank) totaling ₹0.10 lakhs are pending confirmation and may require adjustments.

6. Material Disclosure: The company has receivables from National Spot Exchange Limited (NSEL) totaling ₹1,593.59 lakhs under litigation.

  • ₹1,131.45 lakhs is repayable to clients (netted off against liabilities)
  • ₹462.15 lakhs is company's recoverable dues (net of expected credit loss provision of ₹268.04 lakhs)

7. Advances totaling ₹1.09 lakhs given for acquiring shares/securities are pending settlement as of balance sheet date.

8. The company retrospectively adopted Expected Credit Loss (ECL) provisioning on financial assets as required under Ind AS 109, treating it as a prior period error under Ind AS 8.