Corporate Merchant Bankers reports net profit of ₹244.46 lakh in FY26

1 min read     Updated on 01 Jun 2026, 08:45 PM
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Corporate Merchant Bankers Limited reported a net profit of ₹33.14 lakh for Q4FY26 and ₹244.46 lakh for FY26, with total income for the year at ₹662.91 lakh. The board meeting to discuss the audited financial results was held on May 29, 2026, and the results were published in newspapers on May 31, 2026.

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Corporate Merchant Bankers Limited has reported its audited financial results for the quarter and year ended March 31, 2026. The company posted a net profit of ₹33.14 lakh for the quarter ending March 31, 2026, and a net profit of ₹244.46 lakh for the full fiscal year FY26. Total income for the year stood at ₹662.91 lakh, compared to ₹297.36 lakh in the corresponding three months ended March 31, 2025.

The board meeting to discuss these results was rescheduled to May 29, 2026. The disclosure was made pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published an extract of the audited financial results in the Millennium Post and Uttam Hindu newspapers on May 31, 2026.

Financial Performance

The financial performance for Q4FY26 and the full fiscal year FY26 was reviewed by the board. The net profit before tax for the quarter was ₹44.19 lakh, while the net profit before tax for the year was ₹332.61 lakh. The Earnings Per Share (EPS) for the year was reported at ₹0.39.

Particulars Quarter Ending 31/03/2026 (₹ in Lakhs) Year to Date 31/03/2026 (₹ in Lakhs) Corresponding Three Months Ended 31.03.2025 (₹ in Lakhs)
Total Income 175.90 662.91 297.36
Net Profit for the period (before Tax) 44.19 332.61 280.93
Net Profit for the period after tax 33.14 244.46 211.01
Total Comprehensive Income 33.14 244.46 211.01
Equity Share Capital 6340.41 6340.14 330.00
Earnings Per Share (Basic / Diluted) 0.05 0.39 6.39

The filing was digitally signed by Vishal Jethalal Nayak, Managing Director of Corporate Merchant Bankers Limited.

Historical Stock Returns for Corporate Merchant Bankers

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.89%-15.79%-85.42%-5.09%+260.87%

What strategic initiatives contributed to the significant increase in total income for FY26 compared to the previous year?

How does the company plan to sustain its profitability growth in the upcoming fiscal year given the current market conditions?

Will the company consider declaring dividends or reinvesting profits to expand its business operations?

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Corporate Merchant Bankers Approves Auditors via Postal Ballot

3 min read     Updated on 12 May 2026, 10:41 PM
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Corporate Merchant Bankers Limited has declared the results of its postal ballot process concluded on May 10, 2026, with the results announced on May 12, 2026. Shareholders approved the appointment of a statutory auditor and M/s. Dhruvi Patel & Associates as the secretarial auditor for FY 2025-26. Both resolutions passed with 100% of the 267,852 valid votes cast in favour.

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Corporate Merchant Bankers Limited has announced the successful completion of its postal ballot process, with shareholders approving both resolutions put to vote. The results, declared on May 12, 2026, confirmed that the deemed date of approval was May 10, 2026 — the last date specified for remote e-voting — in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resolutions Approved by Shareholders

The postal ballot notice, originally issued on April 10, 2026, sought shareholder approval for two ordinary resolutions. Both resolutions were passed with requisite majority, receiving unanimous support from participating shareholders. The following table summarises the resolutions put to vote:

Item No.: Resolution Details Type
1 Appointment of Statutory Auditor of the Company Ordinary Resolution
2 Appointment of M/s. Dhruvi Patel & Associates, Company Secretaries, Ahmedabad (FRN: S2025GJ1018200) as Secretarial Auditor for Financial Year 2025-26 Ordinary Resolution

Voting Results at a Glance

The scrutinizer's report, prepared by Jay Pandya of M/s. Jay Pandya & Associates, Company Secretaries, Ahmedabad, confirmed the e-voting results based on data generated from the National Securities Depository Limited (NSDL) platform. Both resolutions received identical voting outcomes, with complete shareholder support and no dissenting or invalid votes recorded.

Metric: Resolution 1 (Statutory Auditor) Resolution 2 (Secretarial Auditor)
Votes in Favour (Valid): 267852 267852
% of Total Valid Votes (Favour): 100.00% 100.00%
Votes Against (Valid): 0 0
% of Total Valid Votes (Against): 0.00% 0.00%
Invalid Votes: 0 0

E-Voting Process and Timeline

The remote e-voting window remained open from Saturday, April 11, 2026 at 09:00 A.M. IST and closed on Sunday, May 10, 2026 at 05:00 P.M. IST. Votes cast during this period were unblocked on Monday, May 11, 2026, following the conclusion of the e-voting period. The cut-off date for determining eligible equity shareholders was April 3, 2026, with voting rights proportionate to each shareholder's holding in the paid-up equity share capital as on that date.

In accordance with the applicable MCA Circulars, the postal ballot notice was dispatched electronically to shareholders whose email addresses were registered with the Company, its Registrar & Transfer Agent, NSDL, CDSL, or Depository Participants. A newspaper advertisement was also published on April 11, 2026, in the English newspaper Millenniumpost and the regional Hindi newspaper Dainik Uttam Hindu Newspaper.

Scrutinizer and Company Details

The scrutinizer's report was submitted by Jay Pandya, Proprietor of M/s. Jay Pandya & Associates, Company Secretaries (FRN: S2024GJ963300, Peer Review Certificate No.: 7830/2026), dated May 12, 2026, from Ahmedabad. The report was countersigned by Vishal Jethalal Nayak, Chairperson & Managing Director of Corporate Merchant Bankers Limited. The results filing was made to BSE Limited and Metropolitan Stock Exchange of India Limited (MSEI) on May 12, 2026.

Historical Stock Returns for Corporate Merchant Bankers

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.89%-15.79%-85.42%-5.09%+260.87%

How might the newly appointed statutory auditor's findings impact Corporate Merchant Bankers Limited's financial disclosures and investor confidence for FY 2025-26?

What does the promoter group's complete absence from the e-voting process signal about their engagement strategy and potential future corporate governance concerns?

With only 0.4225% of total shares participating in the vote, how could such low retail shareholder engagement affect the company's future decision-making on more contentious resolutions?

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