CRP Risk Management reports widened net loss in FY26
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?



























