Befound Movement publishes FY26 results in newspapers

1 min read     Updated on 02 Jun 2026, 01:40 PM
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Riya DScanX News Team
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Befound Movement published its audited financial results for the year ended March 31, 2026, in newspapers on June 2, 2026. The company reported a net profit of ₹1.03 lakh for FY26, down from ₹3.25 lakh in the previous year, while revenue from operations rose to ₹275 lakh from ₹145 lakh.

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Befound Movement published its audited standalone financial results for the quarter and financial year ended March 31, 2026, in newspapers on June 2, 2026. The publication was made in accordance with Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The results were carried in Eco of India and Arthik Lipi, both dated June 2, 2026.

The company reported a net profit of ₹1.03 lakh for FY26, a decrease from ₹3.25 lakh in the previous year. Revenue from operations for the year stood at ₹275 lakh, compared to ₹145 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net loss of ₹23.56 lakh, contrasting with a profit of ₹50.91 lakh in the corresponding quarter of the previous year. The statutory auditors issued an unmodified opinion on the results.

Financial Performance

Total assets as of March 31, 2026, were reported at ₹313.24 lakh, up from ₹141.15 lakh a year earlier. Trade receivables increased significantly to ₹281.26 lakh from ₹115.30 lakh in the previous year. Cash and cash equivalents improved to ₹1.22 lakh from ₹0.36 lakh.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 275.00 145.00
Total Income 275.00 145.00
Total Expenses 271.20 141.54
Net Profit 1.03 3.25
Earnings Per Share (Basic) 0.01 0.03

Corporate Governance

The board adopted related party transactions pursuant to Regulation 23(9) of the SEBI (LODR) Regulations, 2015, for the year ended March 31, 2026. Additionally, the board approved the reappointment of the internal auditor for a further period of three years following the expiry of the current term.

Historical Stock Returns for Befound Movement

1 Day5 Days1 Month6 Months1 Year5 Years
+4.79%+10.76%-7.89%-29.72%+16.67%+131.79%

What strategies will the company implement to manage the significant rise in trade receivables and improve cash flow?

How does the company plan to address the widening gap between revenue growth and net profit margins?

What are the expected drivers for revenue growth in the upcoming fiscal year following the substantial increase in FY26?

Befound Movement seeks postal ballot votes on director appointment

1 min read     Updated on 28 May 2026, 10:11 AM
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Reviewed by
Naman SScanX News Team
AI Summary

Befound Movement Limited has called for a postal ballot to approve the appointment of Mr. Sakshi Dubey as an Independent Director and to change the designation of Mr. Rajesh Balbir Kapoor from Managing Director and CFO to Managing Director. The e-voting process is open from May 27 to June 25, 2026, for shareholders registered as of May 22, 2026. The results of the ballot will be announced on June 26, 2026.

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befound movement has initiated a postal ballot process to seek shareholder approval for key governance changes. The company is proposing the appointment of Mr. Sakshi Dubey as a Non-Executive Independent Director and the alteration of the designation for Mr. Rajesh Balbir Kapoor from Managing Director and CFO to solely Managing Director.

The remote e-voting facility is available to shareholders whose names appear in the Register of Members or Register of Beneficial Owners as on the cut-off date of May 22, 2026. The e-voting period commenced on May 27, 2026, at 09:00 A.M. and will conclude on June 25, 2026, at 5:00 p.m. Shareholders who do not receive the necessary credentials may generate login IDs by following instructions provided in the notice available on the company's website and BSE Limited's portal.

M/s. NVB & Associates, Practicing Company Secretaries, has been appointed as the Scrutinizer to oversee the postal ballot process. The outcome of the voting will be declared on June 26, 2026. The notice was dispatched to members on May 26, 2026, and published in newspapers including Business Standard and Duranta Barta on May 27, 2026.

Postal Ballot Schedule

Event Date
Cut-off Date May 22, 2026
Date of Dispatch of Notice May 26, 2026
E-voting Start Date May 27, 2026 (09:00 A.M.)
E-voting End Date June 25, 2026 (5:00 p.m.)
Result Declaration June 26, 2026

Resolutions for Shareholder Approval

  • Item No. 1: Appointment of Mr. Sakshi Dubey (DIN: 11632384) as a Non-Executive Independent Director.
  • Item No. 2: Approval to change the designation of Mr. Rajesh Balbir Kapoor (DIN: 02757121) from Managing Director and CFO to only Managing Director.

Historical Stock Returns for Befound Movement

1 Day5 Days1 Month6 Months1 Year5 Years
+4.79%+10.76%-7.89%-29.72%+16.67%+131.79%

Who will be appointed as the new CFO following Mr. Rajesh Balbir Kapoor's designation change?

What specific expertise does Mr. Sakshi Dubey bring to the board as the new Independent Director?

How will the separation of the MD and CFO roles impact the company's corporate governance structure?

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