Financial Results Approval

The Board approved the Standalone and Consolidated Audited Financial Results for the financial year ended 31st March 2026. The auditors, Agiwal & Associates, issued unmodified opinions on both standalone and consolidated results with no adverse comments.

Key Financial Figures - Standalone (Year Ended 31-Mar-2026)

  • Total Income: ₹4,321.76 lakhs (Previous Year: ₹10,362.32 lakhs)
  • Profit before tax: ₹1,940.69 lakhs (Previous Year: ₹5,642.57 lakhs)
  • Profit after tax: ₹1,982.03 lakhs (Previous Year: ₹4,532.76 lakhs)
  • Total Comprehensive Income: ₹(10,787.27) lakhs (Previous Year: ₹14,087.59 lakhs)
  • Basic EPS: ₹6.30 (Previous Year: ₹13.19)
  • Diluted EPS: ₹6.30 (Previous Year: ₹13.19)

Key Financial Figures - Consolidated (Year Ended 31-Mar-2026)

  • Total Income: ₹4,809.31 lakhs (Previous Year: ₹10,808.11 lakhs)
  • Profit before tax: ₹2,187.51 lakhs (Previous Year: ₹5,836.16 lakhs)
  • Profit after tax: ₹2,175.06 lakhs (Previous Year: ₹4,620.44 lakhs)
  • Total Comprehensive Income: ₹(25,357.77) lakhs (Previous Year: ₹(46,665.56) lakhs)
  • Basic EPS: ₹6.90 (Previous Year: ₹13.54)

Dividend Recommendation

The Board recommended a final dividend of 15% i.e. ₹1.50 per equity share on face value of ₹10 per share for FY 2025-2026, subject to approval by members at the forthcoming Annual General Meeting. If approved, the dividend will be paid on or before 28th October 2026.

Annual General Meeting

The 39th Annual General Meeting will be convened on Tuesday, 29th September 2026 at 3:30 PM through Video Conferencing/Other Audio-Visual Modes from the Registered Office at 90, Okhla Industrial Estate, Phase III, New Delhi 110 020.

Record Date

The record date for the purpose of AGM and dividend, if declared, will be Friday, 18th September 2026.

Subsidiary Matters

The Board approved writing off outstanding dues recoverable from VLS Asset Management Limited (a non-material subsidiary) aggregating to ₹9,68,880.75 to facilitate closure of said subsidiary under Section 248 of the Companies Act, 2013, subject to approvals.

Internal Auditor Appointment

The Board approved the appointment of Grant Thornton Bharat LLP as Internal Auditor of the Company for the Financial Year 2026-27, subject to requisite documentation.

Buyback Details

The Company completed a buyback of 26,31,578 equity shares at ₹380 per share during 18-24 December 2025, utilizing ₹99,99,99,640 (excluding transaction costs). Post-buyback, the paid-up share capital stands at ₹3,150.09 lakhs comprising 3,13,78,663 equity shares of ₹10 each. The bought-back shares were extinguished on 13th January 2026.

Consolidated Entities

The consolidated results include:

  • VLS Securities Limited (100% subsidiary)
  • VLS Asset Management Limited (99.15% subsidiary)
  • VLS Sunnivesh Limited (100% subsidiary, formerly VLS Real Estate Ltd.)
  • VLS Capital Limited (associate company)

Labour Code Implementation

The Company has assessed the impact of the four new Labour Codes notified by the Government of India on November 21st, 2025 and recognized relevant expenses under 'Employee Benefits Expense' where applicable.

Cash Flow Highlights (Standalone FY26)

  • Net cash used in operating activities: ₹(1,461.99) lakhs
  • Net cash used in investing activities: ₹(11,901.84) lakhs
  • Net cash used in financing activities: ₹(10,510.15) lakhs
  • Net decrease in cash and cash equivalents: ₹(23,873.98) lakhs

Assets and Liabilities (Standalone as at 31-Mar-2026)

  • Total Assets: ₹1,76,422.29 lakhs
  • Financial Assets: ₹1,63,795.20 lakhs (including Investments: ₹1,52,193.17 lakhs)
  • Total Liabilities: ₹3,743.97 lakhs
  • Total Equity: ₹1,72,678.32 lakhs