Cityman Limited reported a net loss of ₹33.38 lakh for the financial year ended March 31, 2026, widening from a loss of ₹31.48 lakh in the previous year. The company recorded zero revenue from operations for both the quarter and the full year, while total expenses rose to ₹33.38 lakh in FY26 from ₹31.48 lakh in FY25. The statutory auditors, NSVM & Associates, issued an unmodified opinion on the standalone audited financial results approved by the Board on May 28, 2026.

The company’s financial performance was impacted by employee benefit expenses, which increased to ₹17.65 lakh in FY26 from ₹16.03 lakh in the previous year. Other expenditure also rose to ₹15.66 lakh from ₹15.39 lakh year-on-year. Depreciation and amortization costs remained marginal at ₹0.07 lakh for the year. The basic and diluted earnings per share (EPS) stood at a loss of ₹0.29 for FY26, compared to a loss of ₹0.27 in FY25.

Financial Performance

The statement of audited financial results highlights the company's continued operational challenges with no income generated from core business activities. The total comprehensive loss for the period, which includes other comprehensive income, was reported at ₹40.18 lakh for FY26, compared to ₹31.48 lakh in the previous year.

Balance Sheet and Cash Flows

The balance sheet as of March 31, 2026, shows total assets at ₹752.81 lakh, a slight decrease from ₹753.18 lakh in the prior year. The company’s equity deficit widened to ₹697.16 lakh from ₹656.98 lakh. Non-current liabilities, primarily borrowings, increased to ₹1447.35 lakh from ₹1407.13 lakh. Current liabilities decreased to ₹2.62 lakh from ₹3.03 lakh.

Cash flow from operating activities resulted in a net outflow of ₹33.48 lakh during the year. The company relied on financing activities, generating a net inflow of ₹33.23 lakh through proceeds from long-term borrowings. Cash and cash equivalents at the end of the year stood at ₹0.83 lakh, down from ₹1.08 lakh in the previous year.

Cityman Limited has notified the stock exchange of a forthcoming Board of Directors meeting, scheduled in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued on May 12, 2026, and signed by Managing Director Santhosh Joseph Karimattom.

Board Meeting Details

The key details of the scheduled board meeting are as follows:

Trading Window Closure

In accordance with applicable insider trading regulations, the company has also disclosed the status of its Trading Window for designated persons:

• Closure Date: Effective April 1, 2026
• Re-opening: 48 hours after the declaration of the audited financial results for the quarter and financial year ended March 31, 2026

The Trading Window closure applies to all designated persons of the company and is in line with standard regulatory practice ahead of the announcement of financial results.

Company Information

Cityman Limited is registered in Bengaluru, Karnataka. The company's registered office is located at 153 (Old No. 43/35), 2nd Floor, Promenade Road, 2nd Cross, Fraser Town, Bengaluru – 560 005. The intimation was formally submitted to the Listing Department of BSE Limited.