BSEL Algo reports net loss of ₹3,534 lakh in FY26
BSEL Algo reported a consolidated net loss of ₹3,534.18 lakh for FY26, reversing from a net profit of ₹997.38 lakh in FY25, as revenue from operations turned negative to (₹3,581.72) lakh. The Board approved the audited financial results on May 28, 2026, with Statutory Auditors Gada Chheda & Co. LLP issuing an unmodified opinion.

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BSEL Algo reported a consolidated net loss of ₹3,534.18 lakh for the financial year ended March 31, 2026, reversing its performance from the previous year when it recorded a net profit of ₹997.38 lakh. The company’s revenue from operations turned negative, registering at (₹3,581.72) lakh for FY26 compared to ₹1,296.38 lakh in FY25. The Board of Directors approved the audited standalone and consolidated financial statements at its meeting held on May 28, 2026.
The standalone financial results mirrored the consolidated performance, with the company posting a net loss of ₹3,533.98 lakh for the year ended March 31, 2026. Total income for the standalone entity was (₹3,351.51) lakh, a sharp contraction from the total income of ₹1,494.55 lakh in the previous fiscal year. The company noted that Algo Trading Gains and API Sales constitute a major source of income, and management shifted the accounting classification of this income from Other Income to Main Revenue Income effective from Financial Year 2023-24.
Financial Performance
The company’s expenses for the year were managed at ₹187.19 lakh on a consolidated basis, slightly higher than the ₹158.47 lakh reported in the previous year. Employee benefit expenses for FY26 stood at ₹45.89 lakh, while depreciation and amortisation expenses were ₹4.22 lakh. The basic and diluted earnings per share (EPS) for the year were reported as (₹4.28), compared to ₹1.15 in the prior year.
| Metric | Year Ended 31-03-2026 (₹ in Lakhs) | Year Ended 31-03-2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | (3,581.72) | 1,296.38 |
| Total Income | (3,351.51) | 1,494.55 |
| Total Expenses | 187.19 | 158.47 |
| Net Profit/(Loss) for the period | (3,534.18) | 997.38 |
| Basic EPS | (4.28) | 1.15 |
Audit and Compliance
Gada Chheda & Co. LLP, the Statutory Auditors, issued an audit report with an unmodified opinion on both the standalone and consolidated financial statements for the year ended March 31, 2026. The auditors confirmed that the company has adequate internal financial controls over financial reporting and that such controls were operating effectively as of March 31, 2026. The report also stated that no material fraud by the company or its officers was noticed during the audit.
The company’s cash and cash equivalents as of March 31, 2026, stood at ₹39.85 lakh on a consolidated basis, down from ₹58.83 lakh in the previous year. The total equity for the consolidated entity was reported at ₹47,533 lakh, while total liabilities amounted to ₹53,820 lakh. The company confirmed that there were no investor complaints pending at the end of the quarter.
Historical Stock Returns for BSEL Algo
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.78% | -1.08% | -2.14% | -20.93% | -37.05% | +241.04% |
What specific factors caused the sharp decline in Algo Trading Gains and API Sales during FY26?
How does the company plan to address the dwindling cash reserves given the current negative revenue trend?
Will the management maintain the current accounting classification of trading income as Main Revenue Income going forward?

































