Key Financial Figures (₹ in Lakhs)

Income Statement Highlights:

  • Revenue from Operations: ₹0.00 for H1 FY27 (compared to ₹4.12 lakh in preceding half year ended March 31, 2026, and ₹0.11 lakh in corresponding H1 FY26)
  • Other Income: ₹15.17 lakh for H1 FY27 (declined from ₹42.42 lakh in preceding half year and ₹41.58 lakh in corresponding H1 FY26)
  • Total Income: ₹15.17 lakh for H1 FY27 (₹46.54 lakh in preceding half year, ₹41.69 lakh in corresponding H1 FY26)
  • Loss on Trading/Investments in Stock Market: ₹223.76 lakh for H1 FY27 (₹125.83 lakh in preceding half year, ₹147.08 lakh in corresponding H1 FY26)
  • Total Expenses: ₹237.51 lakh for H1 FY27 (₹168.62 lakh in preceding half year, ₹238.03 lakh in corresponding H1 FY26)
  • Loss before Tax: ₹(222.34) lakh for H1 FY27 (₹(122.08) lakh in preceding half year, ₹(196.34) lakh in corresponding H1 FY26)
  • Total Tax Expenses: ₹0.02 lakh (deferred tax) for H1 FY27 (nil in comparative periods)
  • Net Loss: ₹(222.36) lakh for H1 FY27 (₹(122.08) lakh in preceding half year, ₹(196.34) lakh in corresponding H1 FY26)
  • Total Comprehensive Loss: ₹(196.81) lakh for H1 FY27 (₹(194.24) lakh in preceding half year, ₹(62.96) lakh in corresponding H1 FY26)

Per Share Data (Face Value ₹10 each):

  • Basic EPS: ₹(2.99) for H1 FY27 (₹(1.64) in preceding half year, ₹(2.64) in corresponding H1 FY26)
  • Diluted EPS: ₹(2.99) for H1 FY27 (₹(1.64) in preceding half year, ₹(2.64) in corresponding H1 FY26)

Balance Sheet Position (as at September 30, 2026):

  • Paid-up Equity Share Capital: ₹742.70 lakh (unchanged from previous periods)
  • Other Equity: ₹(612.22) lakh (negative) (compared to ₹(415.42) lakh as at March 31, 2026)
  • Total Assets: ₹1,806.39 lakh (₹1,804.76 lakh as at March 31, 2026)
  • Total Liabilities: ₹1,675.91 lakh (₹1,477.48 lakh as at March 31, 2026)
  • Key Assets: Investments ₹312.78 lakh, Trade Receivables ₹638.94 lakh, Inventories ₹75.71 lakh
  • Key Liabilities: Other Financial Liabilities ₹1,372.92 lakh, Trade Payables ₹294.98 lakh

Cash Flow Statement:

  • Net Cash from Operating Activities: ₹(263.96) lakh for H1 FY27 (₹(201.27) lakh in corresponding H1 FY26)
  • Net Cash from Investing Activities: ₹13.35 lakh for H1 FY27 (₹134.98 lakh in corresponding H1 FY26)
  • Net Cash from Financing Activities: ₹1.82 lakh for H1 FY27 (₹1.64 lakh in corresponding H1 FY26)
  • Net Decrease in Cash & Equivalents: ₹(248.79) lakh for H1 FY27 (₹(64.65) lakh in corresponding H1 FY26)
  • Closing Cash & Equivalents: ₹13.70 lakh as at September 30, 2026 (₹262.49 lakh opening balance)

Approval and Review Details

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meetings held on November 12, 2026
  • The board meeting commenced at 19:00 hours and concluded at 19:50 hours
  • Statutory auditors Maheshwari & Co. conducted a limited review of the results with no qualifications

Significant Notes and Disclosures

Litigation Contingency:

  • The company has receivables from National Spot Exchange Limited (NSEL) totaling ₹1,593.59 lakh which is under litigation
  • Out of this amount, ₹1,131.45 lakh is subsequently repayable to company's clients once payment is received from NSEL
  • The balance ₹462.15 lakh represents company's own recoverable dues
  • Recovery outcome is pending at the balance sheet date

Reconciliation Matters:

  • Loan and trade receivable balances are subject to confirmation/reconciliation
  • Management does not expect material adjustments affecting financial statements upon reconciliation
  • Dormant bank accounts with HDFC Bank and ICICI Bank totaling ₹0.10 lakh are pending confirmation and may require adjustments

Auditor's Observations:

  • Interest income not recognized on outstanding loans and advances to parties amounting to ₹135.00 lakh
  • No documents provided to enable crystallization of interest rate on these loans and advances
  • Insufficient information to calculate interest income to be recognized

Segment Information:

  • Company operates in a single business segment: "Finance & Investments"
  • Segmental reporting not applicable as per IndAS 108

Accounting Framework:

  • Financial results prepared in accordance with Indian Accounting Standards (Ind-AS)
  • Compliance with Section 133 of Companies Act, 2013 and SEBI Regulation 33
  • Figures for half years are balancing figures between audited full year figures and published year-to-date figures