Key Quantitative Figures
Standalone Financial Results (₹ in Lakhs):
Quarter Ended March 31, 2026:
- Total Income: ₹128.74
- Total Expenses: ₹519.18
- Profit before tax: (₹390.44)
- Tax Expense: (₹437.80) [Deferred Tax]
- Profit for the period: ₹47.36
- Other Comprehensive Income: (₹572.07)
- Total Comprehensive Income: (₹524.71)
- Basic EPS: ₹0.003; Diluted EPS: ₹0.002
Year Ended March 31, 2026:
- Total Income: ₹793.70
- Total Expenses: ₹1,987.29
- Profit before tax: (₹1,193.59)
- Tax Expense: (₹437.80) [Deferred Tax]
- Profit for the period: (₹755.79)
- Other Comprehensive Income: (₹666.57)
- Total Comprehensive Income: (₹1,422.35)
- Basic EPS: -₹0.046; Diluted EPS: -₹0.030
- Paid-up equity share capital: ₹16,400.00
Consolidated Financial Results (₹ in Lakhs):
Year Ended March 31, 2026:
- Profit for the period: (₹756.10)
- Total Comprehensive Income: (₹1,422.67)
Segment-wise Revenue (Standalone, Year Ended March 31, 2026):
- Lending Division: ₹693.61
- Investment/Trading in Equity and F&O: ₹47.21
Cash Flows (Standalone, Year Ended March 31, 2026, ₹ in Lakhs):
- Net cash used in operating activities: (₹2,010.07)
- Net cash from investing activities: ₹411.19
- Net cash from financing activities: ₹936.25 [Warrant Application money]
- Net decrease in cash: (₹662.63)
- Cash and equivalents at period end: ₹24.83
Assets and Liabilities (Standalone, as at March 31, 2026, ₹ in Lakhs):
- Total Assets: ₹21,175.47
- Loans: ₹11,531.06
- Investments: ₹5,451.62
- Total Liabilities: ₹21,175.47
- Borrowings: ₹4,786.97
- Equity share capital: ₹16,400.00
Dates of Action
- Board Meeting Date: May 30, 2026 (commenced at 5:30 PM, concluded at 6:30 PM)
- Financial Period: Quarter and Year Ended March 31, 2026
- Auditor's Report Date: May 30, 2026
Parties Involved
- Statutory Auditors: Darpan & Associates (Chartered Accountants)
- Subsidiary: Srestha Greentech Private Limited
- Counterparty in dispute: Arcadia Shipping Ltd
- Stock Exchanges: Bombay Stock Exchange Ltd, Metropolitan Stock Exchange of India Ltd
Purpose/Rationale
- Compliance with Regulation 33 of SEBI (LODR) Regulations, 2015
- Approval of annual financial results
- Discussion of compliance and general business matters
Financial Impact
- Qualified audit opinion due to non-provision of interest of ₹68.25 lakhs on borrowings from Arcadia Shipping Ltd
- This non-provision decreased finance cost by ₹68.25 lakhs for FY26 and decreased loss after tax by the same amount
- The company is seeking legal opinion on the dispute
Capital Structure Impact
- Paid-up equity share capital remained unchanged at ₹16,400.00 lakhs
- Warrant application money received: ₹936.25 lakhs
- No dilution mentioned in current period
Cash Flow Implications
- Significant cash outflow from operations: (₹2,010.07) lakhs
- Financing inflow from warrant applications: ₹936.25 lakhs
- Net decrease in cash and equivalents: (₹662.63) lakhs
Forward-looking Guidance
- No explicit guidance or management commentary provided in the document
Material Changes
- Year-ended March 31, 2026 net loss of ₹755.79 lakhs compared to net loss of ₹3,498.44 lakhs in previous year
- Significant reduction in loss from trading activities compared to previous year
- Deferred tax benefit of ₹437.80 lakhs recorded in current year
Notes to Financial Statements
1. Prepared in accordance with Ind AS, RBI guidelines, and SEBI regulations
2. Results reviewed by Audit Committee and approved by Board
3. Company engaged in two segments: Financing and Investments Activities
4. Impairment assessment carried out as per Ind AS
5. No interim dividend declared
6. Interest of ₹68.25 lakhs not provided due to ongoing dispute with Arcadia Shipping Ltd
7. Diluted EPS computed considering convertible warrants allotment
8. Figures for quarter ended March 31, 2026 are balancing figures
9. Labour Codes implementation has no financial impact
10. Figures regrouped/reclassified for better comparison
#Tags: #SresthaFinvest #SEBIDisclosure #FinancialResults #RegulatoryCompliance #QualifiedOpinion #Neutral