Key Financial Results (₹ in Lakhs)

Quarterly Performance (Q2 FY2027):

  • Other Income: Not quantifiable (symbol ~)
  • Total Income: Not quantifiable (symbol ■)
  • Other Expenses: ₹4.58
  • Total Expenses: ₹4.58
  • Loss Before Tax: ₹(4.58)
  • Tax Expense: Nil
  • Net Loss: ₹(4.58)
  • Other Comprehensive Income: ₹36 (from re-measurement gain on defined benefit plans)
  • Total Comprehensive Loss: ₹(4.58)
  • Basic EPS: ₹(0.06)
  • Diluted EPS: ₹(0.06)

Half-Yearly Performance (H1 FY2027):

  • Other Income: Not quantifiable
  • Total Income: Not quantifiable
  • Other Expenses: ₹4.94
  • Total Expenses: ₹4.94
  • Loss Before Tax: ₹(4.94)
  • Tax Expense: Nil
  • Net Loss: ₹(4.94)
  • Other Comprehensive Income: Not quantifiable
  • Total Comprehensive Loss: ₹(4.94)
  • Basic EPS: ₹(0.06)
  • Diluted EPS: ₹(0.06)

Comparative Figures:

  • Q1 FY2027 Net Loss: ₹(0.36) lakh
  • Q2 FY2026 Net Loss: ₹(0.42) lakh
  • H1 FY2026 Net Loss: ₹(0.81) lakh
  • FY2026 Net Loss (Audited): ₹(6.46) lakh

Capital Structure

  • Paid-up Equity Share Capital: ₹817.55 lakh (Face value ₹10 per share)
  • Other Equity: Negative ₹(580.28) lakh as of September 30, 2026 (Unaudited)
  • Other Equity as of March 31, 2026 (Audited): Negative ₹(575.34) lakh

Balance Sheet Position (₹ in Lakhs)

Assets as of September 30, 2026:

  • Total Assets: ₹276.39
  • Financial Assets: ₹275.39 (Cash & Cash Equivalents: ₹0.70, Loans: ₹272.37, Other Financial Assets: ₹2.99)
  • Non-Financial Assets: ₹0.33

Liabilities as of September 30, 2026:

  • Non-Current Liabilities: ₹33.30 (Borrowings: ₹14.00, Other Financial Liabilities: ₹19.30)
  • Current Tax Liabilities: ₹5.82
  • Total Liabilities: ₹39.12
  • Total Equity: ₹237.27

Cash Flow Statement (H1 FY2027, ₹ in Lakhs)

  • Net Cash Used in Operating Activities: ₹(2.52)
  • Net Cash from Financing Activities: ₹2.01 (from borrowings)
  • Net Decrease in Cash: ₹(0.52)
  • Cash at Beginning: ₹1.22
  • Cash at End: ₹0.70 (Cash on hand: ₹0.50, Bank balances: ₹0.20)

Auditor's Emphasis of Matter

Mathur & Co. Chartered Accountants issued an emphasis of matter regarding:

1. Going Concern: Financial statements prepared on going concern basis despite substantial accumulated losses, standstill business activity, and eroded minimum net worth required to continue as an NBFC.

2. AGM Delays: Company did not hold Annual General Meetings for FY2025 and FY2026 within prescribed timelines. Both AGMs were subsequently held on November 14, 2026. Potential penalties not determined or provided for.

3. Unaudited Comparatives: Comparative financial information for quarter ended June 30, 2026, September 30, 2025, and half year ended September 30, 2025 was not reviewed by auditors.

Additional Notes

  • The company has a single operation with no reportable segments
  • No deferred tax liability recognized due to lack of virtual certainty of future taxable income
  • Management believes the company is a going concern
  • Company did not have a statutory auditor during Q4 FY2026 and Q1 FY2027
  • Financial results for Q1 FY2027 and Q4 FY2026 prepared from unaudited management accounts
  • Previous periods' numbers regrouped/rearranged for consistency