Edvenswa FY26 net profit falls 17% to ₹931.52 lakh

1 min read     Updated on 30 May 2026, 05:41 PM
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Edvenswa Enterprises Limited reported a 17% decline in consolidated net profit to ₹931.52 lakh for FY26, despite total revenue rising to ₹13,306.66 lakh. The Board approved the audited results on May 28, 2026, with statutory auditors issuing an unmodified opinion.

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Edvenswa Enterprises Limited reported a consolidated net profit of ₹931.52 lakh for the financial year ended March 31, 2026, a decrease from ₹1,126.24 lakh in the previous year. Total revenue for the period rose to ₹13,306.66 lakh compared to ₹12,004.53 lakh in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹42.17 lakh on a total revenue of ₹3,269.43 lakh.

The Board of Directors, in a meeting held on May 28, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The meeting also accorded the appointment of M/s ERR & Associates as the internal auditor for the financial year 2026-2027, subject to the recommendation of the Audit Committee.

The statutory auditors, Venugopal & Chenoy Chartered Accountants, issued an unmodified opinion on the standalone and consolidated financial results. The audit was conducted in accordance with the Standards on Auditing specified under the Companies Act, 2013.

Consolidated Financial Performance

The company's consolidated financial results for FY26 reflect a rise in total revenue but a contraction in bottom-line profitability. Key operational metrics for the year include revenue from operations of ₹13,306.66 lakh and total expenses of ₹12,844.39 lakh. Profit before tax for the year stood at ₹554.47 lakh.

Metric FY26 (₹ in Lacs) FY25 (₹ in Lacs)
Revenue from Operations 13,306.66 12,004.53
Total Revenue 13,306.66 12,004.53
Total Expenses 12,844.39 10,481.46
Profit Before Tax 554.47 1,462.09
Net Profit 931.52 1,126.24

Standalone Financials

On a standalone basis, Edvenswa Enterprises Limited reported a net profit of ₹59.35 lakh for FY26, down from ₹90.12 lakh in the previous year. Total standalone revenue for the year decreased to ₹331.70 lakh from ₹523.75 lakh in FY25. For the quarter ended March 31, 2026, the standalone net profit was ₹34.02 lakh.

The company's reportable business segment is Software Development. The financial statements were prepared in compliance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The audited consolidated results include the financials of subsidiaries, including Edvenswa Tech Inc, USA, and Seltosoft Inc., USA.

Historical Stock Returns for Edvenswa Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-15.73%-22.46%-20.91%-48.26%+299.11%

What specific factors drove the significant increase in total expenses during FY26?

How will the company strategize to reverse the decline in standalone revenue for the upcoming fiscal year?

Are there plans to improve the operational efficiency of the US-based subsidiaries to boost consolidated margins?

Edvenswa Enterprises reports compliance with SEBI norms for FY26

1 min read     Updated on 30 May 2026, 05:20 PM
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Edvenswa Enterprises Limited's Annual Secretarial Compliance Report for FY26 confirms general compliance with SEBI regulations, barring a single instance of 400 physical shares held by a promoter group member. The company is actively pursuing the dematerialization of these shares. Previous issues regarding the late submission of the Annual Report have been rectified with improved filing mechanisms.

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Edvenswa Enterprises Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, confirming adherence to most regulatory requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, issued by M/s. BSS & Associates, Practicing Company Secretaries, highlights a specific deviation concerning the maintenance of promoter shareholding in dematerialized form.

The report identifies that 400 shares belonging to a member of the Promoter Group are held in physical form, which constitutes a deviation from Regulation 31(2) of the SEBI (LODR) Regulations, 2015. The company stated that it is undertaking necessary follow-up with the concerned shareholder for dematerialization, though the requisite response and supporting documents are pending. Upon filing the quarterly shareholding pattern, the company receives communication from BSE regarding this non-compliance.

In response to observations from previous reports, the company addressed a delay in submitting the Annual Report for the year ended March 31, 2025. The report was initially acknowledged by the stock exchange on September 8, 2024, and re-submitted on September 12, 2024, as the initial filing was not made through the prescribed platform. The company has since taken corrective measures to ensure subsequent filings adhere to the appropriate mechanisms.

The compliance status for the review period indicates that the entity has met requirements related to Secretarial Standards, policy adoption, website maintenance, and director disqualification. No actions were taken by SEBI or stock exchanges against the listed entity, its promoters, or directors during the period. The report also confirms that there were no resignations of statutory auditors and no additional non-compliances observed.

Compliance Area Status Observations
Secretarial Standards Yes Nil
Adoption of Policies Yes Nil
Website Disclosures Yes Nil
Disqualification of Director Yes Nil
Related Party Transactions Yes / NA Nil / NA
Prohibition of Insider Trading Yes Nil

The report assumes that the management is responsible for the authenticity of documents and information furnished. BSS & Associates clarified that the review is neither an audit nor an expression of opinion on the financial records, nor does it provide assurance regarding the future viability of the company.

Historical Stock Returns for Edvenswa Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-15.73%-22.46%-20.91%-48.26%+299.11%

What is the specific timeline set for the promoter group member to dematerialize the 400 physical shares to resolve the regulatory deviation?

How will the company prevent future filing platform errors following the resubmission of the Annual Report for FY 2025?

Could the persistence of this non-compliance regarding shareholding pattern lead to any penalties or stricter scrutiny from BSE or SEBI?

More News on Edvenswa Enterprises

1 Year Returns:-48.26%