Board Meeting Details

The Board of Directors meeting was held on Saturday, 30th May 2026, commencing at 02:00 PM and concluding at 05:00 PM.

Key Approvals

The Board approved the Audited Financial Results for the Quarter and Financial Year ended 31st March 2026 and took note of the Audit Report issued by the Statutory Auditors of the Company.

Financial Results Overview

For Quarter Ended March 31, 2026:

  • Total Income: ₹67.17 lakh
  • Total Expenses: ₹80.07 lakh
  • Loss Before Tax: ₹12.90 lakh
  • Tax Expense: ₹2.86 lakh
  • Net Loss: ₹10.04 lakh
  • Basic EPS: (₹0.01)
  • Diluted EPS: (₹0.01)

For Financial Year Ended March 31, 2026:

  • Total Income: ₹341.71 lakh
  • Total Expenses: ₹329.48 lakh
  • Profit Before Tax: ₹12.23 lakh
  • Tax Expense: ₹3.47 lakh
  • Net Profit: ₹8.76 lakh
  • Basic EPS: ₹0.01
  • Diluted EPS: ₹0.01

Balance Sheet Position (as at March 31, 2026)

Assets:

  • Total Assets: ₹3,891.24 lakh
  • Non-Current Assets: ₹2,130.00 lakh (including Investments: ₹445.01 lakh, Loans: ₹1,665.40 lakh)
  • Current Assets: ₹1,761.24 lakh (including Inventories: ₹69.61 lakh, Investments: ₹875.43 lakh, Trade Receivables: ₹120.70 lakh, Cash & Cash Equivalents: ₹260.58 lakh)

Equity and Liabilities:

  • Total Equity: ₹3,764.96 lakh (Equity Share Capital: ₹1,082.12 lakh, Other Equity: ₹2,682.84 lakh)
  • Non-Current Liabilities: ₹3.33 lakh (Deferred Tax Liabilities)
  • Current Liabilities: ₹122.95 lakh (Trade Payables: ₹70.06 lakh, Provisions: ₹39.08 lakh, Current Tax Liabilities: ₹13.81 lakh)

Auditor's Qualification (Emphasis of Matter)

The auditors, Bhuta Shah & Co LLP, issued a qualified opinion with two emphasis of matter points:

1. Gratuity liability for employees is not provided for as required by Ind AS 19, with impact not quantified due to absence of actuarial valuation/management estimate.

2. Long-term loan of ₹16.65 crore and current account balance of ₹8.02 lakh receivable from KBS Capital Management Singapore Pte Ltd (erstwhile subsidiary) remain outstanding. The company has been struck off, but no provision has been made as RBI permission for write-off is awaited. This has resulted in misstatement of profit and accumulated reserves & surplus.

Cash Flow Statement

For year ended March 31, 2026:

  • Net Cash from Operating Activities: (₹33.78 lakh)
  • Net Cash from Investing Activities: (₹70.17 lakh)
  • Net Cash from Financing Activities: (₹0.18 lakh)
  • Net Decrease in Cash & Equivalents: ₹117.91 lakh
  • Cash & Equivalents at period end: ₹260.58 lakh

Additional Information

  • The company operates in a single segment: shares and stock broking
  • Paid-up equity share capital: ₹1,082.12 lakh (face value ₹1 each)
  • The financial results were reviewed by the Audit Committee and approved by the Board
  • Figures for previous periods have been regrouped/rearranged for consistency
  • The results are available on company website (www.kbs.co.in) and BSE website (www.bseindia.com)

Governance

  • Management represented that no funds were advanced/loaned/invested to intermediaries for ultimate beneficiaries
  • No fraud was noticed or reported during the year
  • No whistleblower complaints received during the year
  • Company has adequate internal financial controls as of March 31, 2026
  • No CSR provisions applicable as per Section 135 of Companies Act 2013