The Board of Directors approved the Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31, 2026, including the Statement of Assets and Liabilities and Cash Flow Statement.
The Board decided to convene the 41st Annual General Meeting (AGM) of the Company on Saturday, July 18, 2026.
The Board Meeting commenced at 04:30 PM and concluded at 6:00 PM on May 27, 2026.
Financial Results Overview (Standalone)
Income Statement (₹ in lakhs, except per share data)
Revenue from Operations: ₹2,097.51 lakhs for FY26
Other Income: ₹11.05 lakhs for FY26
Total Income: ₹2,108.56 lakhs for FY26
Total Expenses: ₹2,293.69 lakhs for FY26
Profit/(Loss) Before Tax: ₹(185.13) lakhs loss for FY26
Tax Expense: ₹0 (No current or deferred tax expense)
Profit/(Loss) for the Period: ₹(185.13) lakhs net loss for FY26
Other Comprehensive Income: ₹(71.04) lakhs loss for FY26
Total Comprehensive Income: ₹(256.18) lakhs loss for FY26
Earnings Per Share (Face value ₹2 per share)
Basic EPS: ₹(0.41) loss per share for FY26
Diluted EPS: ₹(0.41) loss per share for FY26
Segment Performance (Standalone)
Trading in Shares & Securities: Revenue ₹2,097.51 lakhs, Segment Result ₹(406.51) lakhs loss
Merchant Banking Service: Revenue ₹59.06 lakhs, Segment Result ₹(0.36) lakhs loss
Total Segment Loss: ₹(406.87) lakhs
Unallocated Items: ₹(70.20) lakhs loss
Financial Results Overview (Consolidated)
Income Statement (₹ in lakhs, except per share data)
Revenue from Operations: ₹11,368.72 lakhs for FY26
Other Income: ₹44.88 lakhs for FY26
Total Income: ₹11,413.60 lakhs for FY26
Total Expenses: ₹11,636.90 lakhs for FY26
Profit/(Loss) Before Tax: ₹(223.30) lakhs loss for FY26
Tax Expense: ₹0 (No current or deferred tax expense)
Profit/(Loss) for the Period: ₹(223.30) lakhs net loss for FY26
Other Comprehensive Income: ₹(71.04) lakhs loss for FY26
Total Comprehensive Income: ₹(294.34) lakhs loss for FY26
Earnings Per Share (Face value ₹2 per share)
Basic EPS: ₹(0.46) loss per share for FY26
Diluted EPS: ₹(0.46) loss per share for FY26
Segment Performance (Consolidated)
Trading in Shares & Securities: Revenue ₹11,368.80 lakhs, Segment Result ₹(418.68) lakhs loss
Merchant Banking Service: Revenue ₹200.73 lakhs, Segment Result ₹(341.85) lakhs loss
Total Segment Loss: ₹(760.53) lakhs
Unallocated Items: ₹(375.15) lakhs loss
Audit Opinion
Statutory Auditors M/s. Satya Prakash Garg & Co. issued an Unmodified Opinion on both Standalone and Consolidated Financial Results.
The audit report confirms the financial statements give a true and fair view in conformity with accounting principles generally accepted in India.
No key audit matters were identified during the audit process.
Capital Structure
Paid-up Equity Share Capital: ₹914.02 lakhs (Face value ₹2 per share)
Reserves: ₹843.02 lakhs (Standalone), ₹748.07 lakhs (Consolidated) as of March 31, 2026
Cash Flow Information (Standalone)
Cash from Operating Activities: ₹(1,128.43) lakhs outflow
Cash from Investing Activities: ₹49.97 lakhs inflow
Cash from Financing Activities: ₹1,051.11 lakhs inflow
Net Cash Flow: ₹(27.35) lakhs outflow for FY26
Additional Information
The company is a SEBI registered Merchant Banker and NBFC.
The company has incurred losses during the current financial year but had not incurred losses in the immediately preceding financial year.