HLV Limited Approves Audited Financial Results for Q4 and FY 2026
HLV Limited announced the approval of its audited financial results for the fourth quarter and the full financial year ended March 31, 2026. Additionally, the company confirmed the appointment of a new Internal Auditor for the Financial Year 2026-27.The Board of Directors reviewed the financial performance, accompanied by the Statutory Auditors' Report from M/s. N. S. Shetty & Co., Chartered Accountants. The audited results include the Statement of Assets and Liabilities and the Cash Flow Statement for the year ended March 31, 2026.
Internal Auditor Appointment
The Board of Directors, based on the recommendation of the Audit Committee, appointed M/s. Murali & Venkat, Chartered Accountants, as the Internal Auditor of HLV Limited for the Financial Year 2026-27. The firm is a partnership registered with the Institute of Chartered Accountant of India (ICAI) and has experience providing audit services to both the public and private sectors.Financial Performance Summary
HLV Limited reported significant figures across its financial statements for the period ending March 31, 2026.The financial highlights are presented below:
Audited Financial Results (Rs. in lakhs)
| Particulars | Quarter Ended 31-Mar-26 (Audited) | Quarter Ended 31-Mar-25 (Audited) | Year ended 31-Mar-26 (Audited) |
|---|---|---|---|
| Total Income from operations (net) | 6,766 | 6,345 | 21,427 |
| Net Profit / (loss) before tax (after exceptional items) | 860 | 1,074 | 208 |
| Total comprehensive income for the period | 889 | 864 | 317 |
| Equity share capital | 13,185 | 13,185 | 13,185 |
| Earnings per share (in Rs.) - Basic and diluted | 0.13 | 0.16 | 0.03 |
Statement of Assets and Liabilities (Rs. in lakhs)
| Particulars | As at 31st March 2026 (Unaudited) | As at 31st March 2025 (Audited) |
|---|---|---|
| Total assets | 64,239 | 63,171 |
| Non-current assets: | ||
| Property, plant and equipment | 27,964 | 25,583 |
| Total non-current assets | 39,979 | 40,048 |
| Total current assets | 24,246 | 23,109 |
| Total assets | 64,239 | 63,171 |
| Total Equity | 47,103 | 46,786 |
| Total Non-current liabilities | 3,306 | 3,328 |
| Total Current liabilities | 13,830 | 13,007 |
| Total equity and liabilities | 64,239 | 63,171 |
Cash Flow Analysis
The company's cash flow generated from operations was 3,108 lakhs for the year ended March 31, 2026, compared to 3,840 lakhs for the previous year. The net cash flow from operating activities stood at 3,650 lakhs, up from 3,372 lakhs in the corresponding period.For the year, the net cash flow from investing activities was (6,152) lakhs, indicating a net outflow, while the cash flow from financing activities was (1,429) lakhs.
Auditor's Observations
The Independent Auditor's Report highlighted critical details regarding the company's operational status.The audit report drew attention to several matters, including:
- AAI Disputes: The company is legally contesting an alleged arbitrary increase in lease rent by the Airports Authority of India (AAI). The disputed amount for the quarter ended March 31, 2026, is Rs. 543 lakhs, amounting to Rs. 17,552 lakhs cumulatively up to March 31, 2026.
- Contingent Liabilities: A separate demand from AAI regarding lease rent and Minimum Guarantee Fees, amounting to Rs. 80,705 lakhs up to January 31, 2019, is disputed and considered contingent in nature, resulting in no provision being made for this claim.
- Going Concern Basis: The financial results have been prepared on a 'Going concern basis,' assuming the company will achieve favourable judgments and settlements regarding the disputes with AAI and the renewal of the lease, enabling it to continue its business operations.
The full audited financial results, including detailed statements, are available to the public.
HLVLTD Stock Price Movement
As of 2:21 PM, shares of HLV LIMITED are slipping by 3.29% in live trading, currently at ₹8.52, dropping ₹0.29 from its previous trading levels. The equity has seen substantial movement today, trading within a range of ₹8.4 to ₹8.8 amid 273,374 shares transacted.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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