Satchmo Holdings Ltd reports Q1 FY26 results: Standalone and Consolidated figures released

Satchmo Holdings Ltd reports Q1 FY26 results: Standalone and Consolidated figures released​

Satchmo Holdings Ltd has released its unaudited financial results for the first quarter ending June 30, 2026. The company reported both standalone and consolidated performance data, alongside an Independent Auditor's Review Report, which highlighted several areas requiring management attention.

Financial Performance Summary (Unaudited)​

The company’s results were reviewed by the Audit Committee and approved by the Board of Directors during its meeting on July 24, 2026.

Standalone Results:
Satchmo Holdings reported a loss before tax of 377 lakh for the quarter ended June 30, 2026. Total income was 126 lakh. The company’s total comprehensive income for the period was (377) lakh. Basic Earnings Per Share (EPS) was recorded at (0.26).

The segmental revenue structure showed Investment and trading in equities generating 119 lakh, compared to previous periods of 44 lakh (Q1 FY25) and no reported income for Q1 FY26. The "Others" segment reported a loss before tax of (393) lakh, with total operations reporting a net profit/(loss) before tax of (377) lakh.

Consolidated Results:
For the group, Satchmo Holdings reported a loss before tax of 470 lakh during the quarter ending June 30, 2026. Total income for the quarter stood at 139 lakh. The company’s total comprehensive income was (470) lakh, resulting in Basic EPS of (0.32).

The consolidated segment performance demonstrated significant losses across the operational segments:

Consolidated Segment Assets and Liabilities​

The company’s consolidated segmental assets and liabilities for the quarter ended June 30, 2026, are as follows:

Auditor's Emphasis on Key Matters​

The Independent Auditors noted several critical items in both the standalone and consolidated unaudited financial results:

Standalone Emphasis:

• A disputed liability of Rs. 1928 lakh exists for the Long Island Project, where revenue has not been recognized since March 31, 2025, due to services provided.
• The company is awaiting a 'No Dues Certificate' (NDC) from HDFC Ltd. related to a settlement paid by Satchmo Holdings amounting to Rs. 1554 lakh.
• Project "Rio" registration, under the Real Estate (Regulation and Development) Act, 2016, has not been renewed since March 31, 2019.
• The company has outstanding dues related to VAT totaling Rs 1259 lakh, for which reasons were not provided.
• Disbursements made during the quarter amounting to Rs 19.74 lakh could not be submitted by management for verification.

Consolidated Emphasis:

• Similar concerns exist regarding the pending final settlement for the Long Island Project, resulting in a Disputed Liability of Rs. 1928 lakhs.
• The parent company has yet to obtain an NDC from HDFC Ltd. concerning a settlement of Rs. 1554 lakh paid by the Parent Company.
• The Group has not renewed the registration of project "Rio" under the provisions of the Real Estate (Regulation and Development) Act, 2016 since March 31, 2019.
• The Parent Company is yet to clear old outstanding dues related to VAT totaling Rs 1259 lakh.

New Subsidiary Companies:
The company also announced the incorporation of two wholly owned subsidiaries: Satchmo Foods Private Limited on January 28, 2025, and Satchmo Services Private Limited on January 21, 2026, which focuses on facility management and allied services.

Stock Price Movement​

Satchmo Holdings Ltd shares settled on Friday after slipping by 0.17%, closing at ₹5.81. The stock experienced intraday volatility, trading between a low of ₹5.60 and a high of ₹6.09.