Acme Resources reported a standalone net loss of ₹223.96 lakh for the financial year ended March 31, 2026 (FY26), reversing a profit of ₹145.27 lakh in the previous year. On a consolidated basis, the company recorded a net profit of ₹142.80 lakh, down from ₹354.54 lakh in FY25.

Financial Performance

Standalone revenue from operations declined 27% to ₹581.73 lakh in FY26, compared to ₹794.01 lakh in FY25. Interest income, the primary revenue driver for the NBFC, fell to ₹464.73 lakh from ₹591.43 lakh. Sale of property revenue also dropped to ₹117 lakh from ₹202.58 lakh.

Total expenses on a standalone basis rose sharply to ₹933.17 lakh from ₹622.73 lakh. This increase was driven by higher other expenses, which reached ₹598.11 lakh, including a significant provision on advances against properties of ₹548.31 lakh. Impairment on financial instruments stood at ₹170.80 lakh.

On a consolidated basis, total income rose slightly to ₹1,153.76 lakh from ₹1,091.54 lakh, supported by a surge in other income to ₹247.04 lakh from just ₹0.63 lakh. However, total expenses increased to ₹930.26 lakh from ₹640.33 lakh, compressing profitability.

What the Numbers Show

The divergence between standalone and consolidated results highlights the group's reliance on subsidiary performance. While the parent company incurred a standalone loss due to rising provisions and lower interest income, the consolidated entity remained profitable. This indicates that subsidiaries, particularly Ojas Suppliers Limited, contributed significantly to offsetting the parent's operational losses. The sharp rise in standalone other expenses, dominated by property advance provisions, suggests specific asset quality challenges at the holding level that were not fully mirrored in the consolidated expense structure.

Balance Sheet and Governance

As of March 31, 2026, standalone total assets stood at ₹7,436.16 lakh, down from ₹7,911.36 lakh in the previous year. Cash and cash equivalents improved significantly to ₹152.45 lakh from ₹11.34 lakh. Borrowings decreased to ₹228.59 lakh from ₹337.89 lakh.

The Board did not recommend any dividend for FY26 due to the standalone loss. The company continues to operate as a non-deposit taking NBFC under the Reserve Bank of India's Scale-Based Regulation framework. Independent auditors H.N. Pradhan & Co. issued an unmodified opinion on the financial statements.

ACME Resources Ltd has announced the appointment of M/s. Azharuddin & Associates as its Secretarial Auditors for the Financial Year 2025-26, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors, acting on the recommendation of the Audit Committee, approved the appointment at its meeting held on May 6, 2026. The Board Meeting commenced at 03:00 P.M. and concluded at 04:00 P.M.

Appointment Details

The appointment fills a casual vacancy arising from the resignation of Mr. Vikas Gera, Practicing Company Secretary. The key details of the appointment are outlined below:

Profile of M/s. Azharuddin & Associates

M/s. Azharuddin & Associates is a firm of Practising Company Secretaries founded in 2016. The firm provides professional services across a range of regulatory and compliance domains. It is both Peer Reviewed and Quality Reviewed by the Institute of Company Secretaries of India (ICSI). The firm's key service areas include:

• Corporate Laws
• SEBI Regulations
• FEMA Regulations
• Direct and Indirect Taxation
• Secretarial Audits
• Due Diligence
• Internal Audits

The firm is led by CS Azharuddin (Membership No. F 13393, COP No. 15811) and is headquartered at 212, 2nd Floor, Durga Tower, RDC Raj Nagar, Ghaziabad-201001.

Consent and Eligibility Confirmation

M/s. Azharuddin & Associates issued a Certificate of Eligibility dated April 27, 2026, confirming its consent and eligibility to act as Secretarial Auditor of ACME Resources Limited in accordance with Section 204 of the Companies Act, 2013, read with rules made thereunder, and Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The firm confirmed that it is not disqualified for appointment under the Company Secretaries Act, 1980, that the proposed appointment is within the limits laid down by ICSI, and that it has no substantial conflict of interest in terms of ICSI Auditing Standards.

Regulatory Disclosure

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and submitted to BSE Limited and The Calcutta Stock Exchange Association Ltd. The announcement was signed by Ravin Saluja, Managing Director (DIN: 00289305), on behalf of the Board of ACME Resources Limited.