SVS Ventures Ltd Approves Financial Results for Half Year and Year Ended March 31, 2026
SVS Ventures Ltd announced that its board of directors held a meeting on May 11, 2026, approving the Audited Standalone Financial Results for the half year and the full financial year ended March 31, 2026. The company’s statutory auditors, M/s J M Patel & Bros, Chartered Accountants, issued an Auditor's Report confirming an unmodified opinion on the financial results for the period ended March 31, 2026.The board meeting commenced at 12:00 PM (IST) and concluded at 01:30 PM (IST).
Financial Highlights (Rs. in Lacs)
The financial data for the company for the respective years reflects key changes across its financial structure and operations.Financial Results (P&L Statement)
| Particulars | 6 Months Ended 31.03.2026 (Audited) | 6 Months Ended 30.09.2025 (Unaudited) | 6 Months Ended 31.03.2025 (Audited) | Year Ended 31.03.2026 | Year Ended 31.03.2025 |
|---|---|---|---|---|---|
| Revenue from Operations | 1665.82 | 17.00 | 0.00 | 1682.82 | - |
| Other Income | 50.47 | 0.00 | -23.60 | 50.47 | 8.81 |
| Total Revenue | 1,716.29 | 17.00 | (23.60) | 1,733.29 | 8.81 |
| Total Expenses | 1,576.42 | 14.80 | (24.66) | 1,591.23 | (1.00) |
| Profit before tax | 139.87 | 2.20 | 1.06 | 142.06 | 9.81 |
| Profit/(loss) for the period | 99.87 | 2.20 | 1.06 | 102.06 | 7.56 |
Balance Sheet Summary (Rs. in Lacs)
The company's total equity and liabilities and assets for the audited year ended March 31, 2026, were ₹4,326.27.
| Particulars | 31.03.2026 (Audited) | 31.03.2025 (Audited) |
|---|---|---|
| Total Shareholders Funds | 3,420.67 | 3,318.61 |
| Share Capital | 2,134.96 | 2,134.96 |
| Reserves and Surplus | 1,285.71 | 1,183.64 |
| Total Current Liabilities | 905.60 | 30.30 |
| Total Current Liabilities | 4,326.27 | 3,348.91 |
| Non-Current Assets (Total) | 1,111.83 | 1,191.74 |
| Total Current Assets | 3,214.44 | 2,157.17 |
| TOTAL | 4,326.27 | 3,348.91 |
Cash Flow Analysis
According to the Cash Flow Statement, the net cash from operating activities for the period ended March 31, 2026, was (156.86) Rs. (In Lacs), compared to 104.47 Rs. (In Lacs) in the same period last year. The net increase in cash and cash equivalents for the year was (28.77) Rs. (In Lacs), declining from 13.87 Rs. (In Lacs) in the previous financial year.Key Observations
The statutory auditors noted several areas requiring attention in the financial results:- Outstanding Issues: Regarding earlier qualification reports, pending issues include unrecoverable investments, related parties loans and advances, and unverifiable stocks.
- Recoveries: In the current fiscal year, partial recovery was noted: ₹2.58 crores from Gopnath Developers Pvt Ltd and ₹0.69 crore from M/s Sagar Empire Pvt Ltd. However, other remaining issues remain pending.
- Loans and Advances: The company's loan and advances increased by ₹3.00 crores in the current year. Significant outstanding loans in the account of Mr. Shashikant Sharma, who resigned as M.D. effective November 19, 2026, are noted as unrecoverable since long, totaling ₹6.98 crores, along with a separate amount of ₹3.49 crores from his firm, M/s Vijay & Co.
- Business Change: The company has shifted its core business from real estate to agro-based goods effective September 05, 2026.
- Unverifiable Assets: Unverifiable or fictitious assets requiring write-off include Goodwill of ₹2.51 crores and old stock of building materials since inception of ₹3.81 crores.
- Loans to Related Parties: The company reported short-term loans totaling ₹18.98 Crores under Loans & Advances, a significant portion given to related parties, for which no agreement for terms and conditions was available.
Stock Price Movement
As of 13:51, SVS Ventures Ltd shares are gaining ground, ticking up to ₹9.88, representing a solid 6.24% for the day. Throughout the trading session, the stock navigated a range between a low of ₹9.63 and a high of ₹9.93.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.