Typhoon Holdings Ltd Approves Audited Financial Results for Year Ended March 31, 2026

Typhoon Holdings Ltd Approves Audited Financial Results for Year Ended March 31, 2026

Typhoon Holdings Ltd Approves Audited Financial Results for Year Ended March 31, 2026​

Typhoon Holdings Ltd announced that its Board of Directors approved the Standalone Audited Financial Results, along with the Audit Report, for the quarter and the year ended March 31, 2026, during a meeting held on Tuesday, April 28, 2026. The board meeting commenced at 02:40 PM and concluded at 03:10 PM.

The company released comprehensive financial statements detailing its performance up to March 31, 2026.

Audit Findings and Qualifications​

The Standalone Financial Results for the quarter and year ended March 31, 2026, were audited by S K Bhavsar & Co., Chartered Accountants. In the audit report, the auditors confirmed that the standalone financial results give a true and fair view and are presented in accordance with applicable Indian Accounting Standards (Ind AS).

However, the report included significant qualifications concerning internal controls and asset verifiability. The auditors noted that management had not furnished balance confirmation letters, partywise reconciliation statements, and age-wise analysis for Trade Receivable and Trade Payable balances outstanding as at March 31, 2026. Consequently, the auditors were unable to determine the existence, completeness, accuracy, and recoverability of these specific balances.

Furthermore, the audit highlighted that the company had not appointed an Internal Auditor for the entire Financial Year 2025-26, constituting a notable gap in the internal control framework.

Financial Performance Summary (Rs. in Lakhs)​

The company's financial results for the year ended March 31, 2026, demonstrate the following key figures:

MetricQuarter ended March 31, 2026Year to date figures for the March 31, 2026Year to date figures for the March 31, 2025
Other Income536.30635.61-
Total Expenses6.988.602.19
Profit before Exceptional and Extraordinary items535.62631.3671.96
Net Profit/(Loss) for the period from continuing Operations(0.06)--

Balance Sheet Overview​

As of March 31, 2026, the financial structure of Typhoon Holdings Ltd. showed Total Assets of 41.46 (Rs. In Lakhs), compared to 50.96 (Rs. In Lakhs) as of March 31, 2025. Total Equity and Liabilities stood at 50.96 (Rs. In Lakhs) for the period ended March 31, 2026, and 97.06 (Rs. In Lakhs) for the period ended March 31, 2025.

Key figures from the Balance Sheet are presented below:

ParticularsAudited AS AT. 31.03.2026 (Rs. In Lakhs)Audited AS AT 31.03.2025 (Rs. In Lakhs)
TOTAL ASSETS41.4650.96
Non-Current Assets (Total)9.50-
Current Assets (Total)31.9650.96
TOTAL EQUITY AND LIABILITIES
Equity Share Capital50.0050.00
Other Equity (Total)(39.23)(41.81)
Non-current Liabilities (Total)5.535.50
Current Liabilities (Total)34.6683.36

Cash Flow Highlights​

The audited cash flow statements reveal the following net cash flows for the year ended March 31, 2026, compared to the previous year:

Cash Flow ActivityYear Ended 31st March, 2026 (Rs. in Lakhs)Year Ended 31st March, 2025 (Rs. in Lakhs)
Cash Generated From Operations6.340.95
NET CASH FROM OPERATING ACTIVITIES (A)9.130.41
NET CASH FROM INVESTING ACTIVITIES (B)--
NET CASH FROM FINANCING ACTIVITIES (C)--
Net Increase/(Decrease) in Cash and Cash Equivalents9.130.41

The company’s cash and cash equivalents at the end of the period were 8.08 (Rs. in Lakhs), up from 0.41 (Rs. in Lakhs) in the previous year.

Stock Price Movement​

As of 15:30, Typhoon Holdings Ltd is suspended due to penal reasons, holding a price of ₹7.30, reflecting zero change today. The stock remains locked at this point, as the intraday high and low are both recorded at ₹7.30.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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