CRP Risk Management reports widened net loss in FY26

2 min read     Updated on 30 May 2026, 07:09 PM
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CRP Risk Management Limited reported a widened net loss of ₹124.35 lakh for FY26 compared to ₹0.27 lakh in FY25, with total income at ₹484.62 lakh. The auditors flagged outstanding supplier advances of ₹8.47 crore, slow-moving inventory of ₹2.44 crore, and NPA status with specific banks. The Board re-appointed M/s. S.M. Bhat and Associates as Internal Auditor for FY27.

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CRP Risk Management Limited reported a net loss of ₹124.35 lakh for the financial year ended March 31, 2026, widening from a net loss of ₹0.27 lakh in the previous year. The company recorded total income of ₹484.62 lakh against total expenses of ₹608.97 lakh for the period. The Board of Directors approved the audited financial results at a meeting held on May 28, 2026.

The company's financial position reflects total equity and liabilities of ₹8,782.51 lakh as of March 31, 2026, a decrease from ₹8,915.18 lakh in the prior year. Shareholders' funds stood at ₹5,935.28 lakh, comprising share capital of ₹1,748.49 lakh and reserves and surplus of ₹4,186.79 lakh. Current assets totaled ₹7,207.97 lakh, which included trade receivables of ₹5,018.95 lakh and inventories valued at ₹243.87 lakh.

Auditor's Observations

Statutory auditors RAK Champs & Co. LLP issued a report with emphasis of matter regarding specific financial irregularities. The auditors noted advances paid to suppliers amounting to ₹8.47 crore outstanding at the end of the financial year. Additionally, inventory valued at ₹2.44 crore was identified as slow-moving or obsolete, for which adequate provisions for diminution in value have not been passed.

The audit report also highlighted that the company has been classified as a Non-Performing Asset by State Bank of India and The Wai Urban Co-Operative Bank Ltd. As of March 31, 2026, the company reported outstanding statutory dues, including Tax Deducted at Source (TDS) payable amounting to ₹44.41 lakh.

Key Financial Metrics

The following table summarizes the audited financial results for CRP Risk Management Limited for the year ended March 31, 2026:

Particulars Year Ended 31.03.2026 (₹ In Lacs) Year Ended 31.03.2025 (₹ In Lacs)
Income
Revenue from Operations - 213.37
Other Income 484.62 2.39
Total Income 484.62 215.77
Expenses
Total Expenses 608.97 216.04
Profit/Loss
Net Profit for the Period (124.35) (0.27)

Corporate Governance

In addition to the financial results, the Board approved the re-appointment of M/s. S.M. Bhat and Associates as Internal Auditor for the financial year 2026-27. The firm was re-appointed based on the recommendation of the Audit Committee, effective from April 01, 2026. The company confirmed that the financial results were reviewed by the Audit Committee and approved by the Board.

What is the management's proposed strategy to recover the ₹8.47 crore in outstanding advances to suppliers?

How will the company address the lack of provisions for the identified slow-moving or obsolete inventory?

What specific measures are being taken to resolve the Non-Performing Asset status with State Bank of India and Wai Urban Co-Operative Bank?

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CRP Risk Management Board to consider FY26 results on May 28

1 min read     Updated on 19 May 2026, 06:07 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

CRP Risk Management Limited's Board will meet on May 28, 2026, via video conferencing to approve audited standalone financial results for the year ended March 31, 2026. The meeting will also consider the re-appointment of M/s. S.M. Bhat and Associates as Internal Auditor for FY 2026-27. The trading window is currently closed and will reopen 48 hours post-results declaration.

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CRP Risk Management Limited has announced that its Board of Directors will meet on Thursday, May 28, 2026. The meeting will be conducted via Audio/Video conferencing to discuss key agenda items regarding the company's financial performance and internal governance.

Agenda for the Meeting

The primary focus of the Board meeting is to consider and approve the Audited Standalone Financial Results of the Company for the financial year ended March 31, 2026. Additionally, the directors will deliberate on the re-appointment of M/s. S.M. Bhat and Associates as the Internal Auditor for the upcoming fiscal year 2026-27. The firm holds a Registration No. 131347W.

Trading Window Closure

In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the company has closed its trading window. The closure began on Wednesday, April 01, 2026. The window will re-open 48 hours after the declaration of the financial results for Directors and Specified Persons as defined in the company's Code of Conduct.

Board Meeting Details

Detail Information
Meeting Date May 28, 2026
Meeting Mode Audio/Video Conferencing
Financial Year End March 31, 2026
Proposed Internal Auditor M/s. S.M. Bhat and Associates

The intimation was sent to the Manager - CRD at BSE Limited under Regulation 29 of the SEBI (LODR) Regulations, 2015. The notice was signed by Raza Mohammed Sayyed, Managing Director of CRP Risk Management Limited.

How might CRP Risk Management Limited's audited financial results for FY2026 reflect the company's growth trajectory compared to previous fiscal years?

What potential impact could the re-appointment of M/s. S.M. Bhat and Associates as Internal Auditor have on investor confidence in CRP Risk Management's governance practices?

Following the trading window reopening 48 hours after results declaration, how might insider trading patterns among specified persons signal market sentiment about the company's financial health?

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