Upsurge Seeds of Agriculture Releases Audited Financial Results for March 31, 2026
Upsurge Seeds of Agriculture Limited, in a meeting of its Board of Directors held on May 28, 2026, announced the audited standalone financial statements for the Half Year and Financial Year ended March 31, 2026. The Board meeting also approved the re-appointment of M/s D M A A AND Associates as the Internal Auditor for the Financial Year 2026-27.The company released audited financial statements and key performance metrics for the period ending March 31, 2026, along with a review of financial activities for the preceding years.
Financial Performance Summary
The audited standalone financial statements and the Statement of Assets & Liabilities for the Half Year and Financial Year ended March 31, 2026, are available. The financials reflect a total assets figure of 11,981.70 (Rs. In Lakhs) as of March 31, 2026, compared to 11,813.74 (Rs. In Lakhs) as of March 31, 2024.The key components of the company's financial position are summarized below:
| Particulars | 31/03/2026 (Rs. In Lakhs) | 31/08/2025 (Rs. In Lakhs) |
|---|---|---|
| EQUITY AND LIABILITIES | ||
| Reserves and surplus | 1008.54 | 705.98 |
| Money received against share warrants | 5191.19 | 4,737.35 |
| TOTAL EQUITY AND LIABILITIES | 11,981.70 | 11,813.74 |
| ASSETS | ||
| Intangible assets | 1,551.35 | 1,675.55 |
| Trade receivables | 9,414.34 | 8,531.37 |
| Cash and cash equivalents | 759.87 | 492.73 |
| TOTAL ASSETS | 11,981.70 | 11,813.74 |
Results and Cash Flow Analysis
The company's operational revenues and expenses for the half year ended March 31, 2026, were detailed in the audited results. Total Revenue for the half year showed an audited figure of 43.48 (Rs. In Lakhs), while the total expenses were 4,684.18 (Rs. In Lakhs).The Cash Flow Statement reveals the company's financial activities:
| Cash Flow Component | Period ended 31 March, 2026 (Rs. In Lakhs) | Period ended 31 March, 2024 (Rs. In Lakhs) |
|---|---|---|
| Cash flow from operating activities | 791.48 | 887.27 |
| Net Profit Before Tax | 7.12 | 3.32 |
| Operating Profit before Working Capital Changes | 442.99 | 374.58 |
| Cash generated from operations | -522.38 | 78.29 |
| Net cash flow from operating activities | -50.24 | -45.86 |
| Net cash used in investing activities | -0.05 | -0.77 |
| Net cash used in financing activities | -79.79 | -135.63 |
| Net increase in cash & Cash equivalents | -492.63 | 244.25 |
| Cash & Cash equivalents at the end of the year | 11.88 | 11.88 |
Audit Opinion and Internal Audit Appointment
The company received an Independent Auditor's Report from M/s R B Gohil & Co., Chartered Accountants, which issued an Unmodified Opinion on the Financial Statements for the Half Year and Financial Year ended March 31, 2026.In the area of corporate governance, the Board of Directors approved the re-appointment of M/s D M A A AND Associates as the Internal Auditor of the Company for the Financial Year 2026-27. M/s D M A A AND Associates is a Partnership Firm specializing in Domestic taxation, Regulatory, and Advisory services.
The Board meeting was held on May 28, 2026, commencing at 4:00 P.M. and concluding at 5:00 P.M.
USASEEDS Stock Price Movement
On Wednesday, Upsurge Seeds Of Agriculture Limited shares slipped by 4.67% to close at ₹100.00. The stock settled at ₹100.00 amid a trading volume of 856 shares.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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