Khandwala Securities Announces Audited Financial Results for FY 2026; Reappoints Internal Auditor
Khandwala Securities Limited today announced the results of its Board of Directors meeting, which held on May 21, 2026. During the meeting, the Board reviewed and approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.In addition to approving the financial results and the associated auditor’s reports, the Board also approved the re-appointment of M/s. Savina & Pooja, Chartered Accountants (FRN: 159362W), as the Internal Auditor for the Financial Year 2026-2027.
Financial Results Overview
The company released comprehensive financial data detailing its performance across standalone and consolidated entities.Standalone Financial Highlights
The audited standalone financial results for the quarter and year ended March 31, 2026, show the following movement in key revenue areas:
| Particulars | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 31.03.25 (Audited) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.25 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 229.93 | 118.13 | 789.44 | 953.93 |
| Other Income | 43.63 | 36.99 | 146.19 | 559.03 |
| Total (Revenue + Other Income) | 273.55 | 155.12 | 935.63 | 1,512.96 |
| Profit/(Loss) before Tax | (45.07) | (100.03) | (128.45) | 22.58 |
Consolidated Financial Highlights
The consolidated financial results present a similar structure, with the total revenue reaching 935.63 lakh in the year ended March 31, 2026, compared to 1,512.97 lakh in the previous year.
| Particulars | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 31.03.25 (Audited) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.25 (Audited) |
|---|---|---|---|---|
| Total Revenue | 273.55 | 155.12 | 935.63 | 1,512.97 |
| Profit/(Loss) before Tax | (45.09) | (100.10) | (128.49) | 22.46 |
Balance Sheets and Cash Flows
The company reported its Statement of Assets & Liabilities and Cash Flow Statements for both standalone and consolidated entities, comparing figures for March 31, 2026, against March 31, 2025.Consolidated Balance Sheet (Rs. in lakhs)
| Particulars | As At March 31, 2026 (Audited) | As At March 31, 2025 (Audited) |
|---|---|---|
| Total Assets | 4,058.87 | 4,330.76 |
| Total Equity and Liabilities | 4,058.87 | 4,330.76 |
Consolidated Cash Flow Summary (Rs. in lakhs)
| Activity | For the Year ended March 31, 2026 | For the Year ended March 31, 2025 |
|---|---|---|
| Net cash generated from operating activities | (204.58) | 402.37 |
| Net cash used in investing activities | 63.54 | (393.58) |
| Net cash used in financing activities | (50.05) | 28.53 |
| Net increase/(decrease) in cash and cash equivalents | (191.09) | 37.32 |
Auditor's Qualified Opinion
The auditor issued a qualified opinion on the standalone and consolidated financial results for the period ended March 31, 2026. The qualifications noted the following issues:1. Share Application Money: Advanced application money toward the purchase of shares amounted to Rs 216.69 lakhs, outstanding for 288 months. The auditor noted that the extent of recoverability of this amount could not be ascertained due to a lack of information regarding the allotment status or the net worth of the concerned entities. The matter is reported to be under litigation before the Hon'ble High Court at Mumbai.
2. Long-Term Deposits: Long-term deposits of Rs 350.00 lakhs are subject to subsequent adjustments. The auditor stated that recoverability could not be ascertained because the company has not made any provisions for these amounts in the standalone financial statements.
The qualification was deemed repetitive for the financial year ended March 31, 2026.
KHANDSE Stock Price Movement
Today, Khandwala Securities Limited shares edged higher, settling at ₹17.55 after gaining 3.78% in post-market trading. The stock saw considerable activity today, with a reported volume of 1,794 shares traded.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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