Satchmo Holdings Limited submitted its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, approved by the Board of Directors at their meeting held on July 24, 2026 from 15:00 Hrs to 17:45 Hrs. The results were reviewed by the audit committee and statutory auditors KAMG & Associates.
Standalone Financial Performance (₹ in lakhs)
- Total Income: ₹126 lakhs for Q1 FY2027, compared to ₹114 lakhs in Q1 FY2026 and ₹1,977 lakhs in Q4 FY2026
- Revenue from Operations: ₹119 lakhs for Q1 FY2027, compared to ₹8 lakhs in Q1 FY2026 and ₹1,791 lakhs in Q4 FY2026
- Other Income: ₹7 lakhs for Q1 FY2027, compared to ₹106 lakhs in Q1 FY2026 and ₹186 lakhs in Q4 FY2026
- Total Expenses: ₹503 lakhs for Q1 FY2027, compared to ₹341 lakhs in Q1 FY2026 and ₹870 lakhs in Q4 FY2026
- Loss Before Tax: ₹(377) lakhs for Q1 FY2027, compared to ₹(227) lakhs loss in Q1 FY2026 and ₹1,241 lakhs profit in Q4 FY2026
- Loss After Tax: ₹(377) lakhs for Q1 FY2027, compared to ₹(227) lakhs loss in Q1 FY2026 and ₹1,241 lakhs profit in Q4 FY2026
- Basic/Diluted EPS: ₹(0.26) for Q1 FY2027, compared to ₹(0.16) in Q1 FY2026 and ₹0.85 in Q4 FY2026
- Paid-up Equity Capital: ₹14,583 lakhs (Face Value ₹10 per share)
Consolidated Financial Performance (₹ in lakhs)
- Total Income: ₹139 lakhs for Q1 FY2027, compared to ₹14 lakhs in Q1 FY2026 and ₹1,985 lakhs in Q4 FY2026
- Revenue from Operations: ₹129 lakhs for Q1 FY2027, compared to ₹13 lakhs in Q1 FY2026 and ₹1,795 lakhs in Q4 FY2026
- Other Income: ₹10 lakhs for Q1 FY2027, compared to ₹1 lakh in Q1 FY2026 and ₹190 lakhs in Q4 FY2026
- Total Expenses: ₹609 lakhs for Q1 FY2027, compared to ₹275 lakhs in Q1 FY2026 and ₹980 lakhs in Q4 FY2026
- Loss Before Tax: ₹(470) lakhs for Q1 FY2027, compared to ₹(261) lakhs loss in Q1 FY2026 and ₹1,139 lakhs profit in Q4 FY2026
- Loss After Tax: ₹(470) lakhs for Q1 FY2027, compared to ₹(261) lakhs loss in Q1 FY2026 and ₹1,139 lakhs profit in Q4 FY2026
- Basic/Diluted EPS: ₹(0.32) for Q1 FY2027, compared to ₹(0.18) in Q1 FY2026 and ₹0.78 in Q4 FY2026
Auditor's Emphasis of Matter
The auditors highlighted five key concerns:
1. Long Island Project Dispute: Final settlement pending for maintenance services with disputed liability of ₹1,928 lakhs. Revenue not recognized since FY2025 for services provided.
2. HDFC Ltd Settlement: No Dues Certificate not obtained for settlement of ₹1,554 lakhs paid by the company, though management asserts no amount payable.
3. RERA Non-compliance: Project "Rio" registration not renewed under RERA Act, 2016 since March 31, 2019.
4. VAT Outstanding: Old outstanding VAT dues of ₹1,259 lakhs not cleared, reasons not provided.
5. Unverified Disbursements: Disbursements of ₹19.74 lakhs during quarter without purpose details or payee names provided for review.
Segment Information (Standalone)
- Revenue Segments: Investment and trading in equities (₹119 lakhs), Service business (nil), Others (nil)
- Segment Results: Investment and trading profit of ₹13 lakhs, Service business (nil), Others loss of ₹(393) lakhs
- Segment Assets: Total ₹24,920 lakhs (Investment: ₹4 lakhs, Others: ₹24,916 lakhs)
- Segment Liabilities: Total ₹14,016 lakhs (primarily Others: ₹14,016 lakhs)
Segment Information (Consolidated)
- Revenue Segments: Investment and trading in equities (₹119 lakhs), Service business (₹8 lakhs), Others (₹2 lakhs)
- Segment Results: Investment and trading profit of ₹13 lakhs, Service business loss of ₹(62) lakhs, Others loss of ₹(419) lakhs
- Segment Assets: Total ₹25,024 lakhs (Investment: ₹4 lakhs, Service business: ₹827 lakhs, Others: ₹24,193 lakhs)
- Segment Liabilities: Total ₹14,461 lakhs (Service business: ₹494 lakhs, Others: ₹13,967 lakhs)
Subsidiary Information
- Satchmo Foods Private Limited: Wholly-owned subsidiary incorporated on January 28, 2025
- Satchmo Services Private Limited: New wholly-owned subsidiary incorporated on January 21, 2026, focused on facilities management and allied services
Business Focus and Compliance
- The company is focusing on facilities management, catering activities, and investment/trading in equities
- All operations are within India with no separate geographical segments
- Financial statements prepared on a going concern basis
- No new accounting standards or amendments notified by MCA for the period
- Previous year figures regrouped/recast where necessary