The Board considered and approved the following items:
1. The Un-Audited Financial Results (Standalone) for the quarter ended 30 June 2026, in pursuance of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
2. Independent Auditor's Limited Review Report on Un-Audited Financial Results (Standalone) of the Company for the quarter ended 30 June 2026.
3. The Board considered the requirements relating to the prescribed minimum Net Owned Fund (NOF) in accordance with the provisions of the Master Direction NBFC Scale Based Regulation Directions, 2023, incorporating the Scale Based Regulation (SBR) Framework, and the Reserve Bank of India (Non-Banking Financial Company Registration, Exemptions and Framework for Scale Based Regulation) Directions, 2025, as amended. Accordingly, the Board approved the increase of the Company's Net Owned Fund to ₹10 crore on or before 30 September 2026 and authorized the management to take all necessary actions to ensure compliance with the applicable regulatory requirements within the prescribed timeline.
Financial Results Highlights (Standalone, Rs in Lakhs except for EPS)
Quarter ended 30-Jun-26 (Unaudited) vs Comparative Periods:
- Total Revenue: ₹0.00 (Previous quarter: ₹8.18; Year-ago quarter: ₹20.71)
- Revenue From Operations: ₹0.00
- Other Income: ₹0.00
- Total Expenses: ₹7.34 (Previous quarter: ₹2.36; Year-ago quarter: ₹5.03)
- Employee Benefits Expenses: ₹1.37
- Other expenses: ₹5.96
- All other expense categories (Cost of materials, Purchases, Finance Cost, Depreciation): ₹0.00
- Profit/(Loss) before tax: ₹(259.55) loss (Previous quarter: ₹5.83 profit; Year-ago quarter: ₹15.68 profit)
- Total Tax Expenses: ₹0.00
- Net Profit/(Loss): ₹(259.55) loss (Previous quarter: ₹5.83 profit; Year-ago quarter: ₹15.68 profit)
- Earnings Per Share (Face Value of ₹10 each):
- Basic: ₹(108.15) loss
- Diluted: ₹(108.15) loss
- Paid-up Equity Share Capital: ₹24.00 lakhs (unchanged across all periods)
Additional Notes from Financial Statements
1. The unaudited financial results for the quarter ended June 30, 2026, were reviewed by the Audit Committee and approved by the Board of Directors on 06 August 2026.
2. The Statutory Auditor (B.M. Gattani & Co., Chartered Accountants) carried out a limited review of the financial results for the quarter ended 30 June 2026 in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. The Limited Review Report issued contains no qualifications.
3. The company has no separate reportable segments.
4. The core business of the company is Advisory.
5. The Standalone Financial Results are available on the company's website (www.hemholdings.com) and on the BSE website (www.bseindia.com).
Auditor's Limited Review Report Details
B.M. Gattani & Co., Chartered Accountants issued their Limited Review Report dated 06 August 2026. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI. The report states that based on their review, nothing has come to their attention that causes them to believe that the accompanying statement:
- Is not prepared in accordance with Ind AS 34
- Has not disclosed information required by SEBI Regulations
- Contains any material misstatement
The report was signed by Balmukund N Gattani, Proprietor (Membership No.: 047066).