Ekansh Concepts reports net loss in FY26, CFO resigns

1 min read     Updated on 25 May 2026, 09:41 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Ekansh Concepts reported a consolidated net loss of ₹304.22 lakh for FY26 against a net profit of ₹191.78 lakh in FY25, with total income dropping to ₹3,109.32 lakh. The Board approved the financial results on May 25, 2026. Concurrently, the company announced the resignation of CFO Mr. Mahesh Kumar Birla effective May 30, 2026, and appointed Mrs. Neha Beriwala as the new CFO from June 01, 2026. The Statutory Auditors issued an unmodified opinion on the results.

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Ekansh Concepts reported a consolidated net loss of ₹304.22 lakh for the financial year ended March 31, 2026, reversing from a net profit of ₹191.78 lakh in the previous year. The company's total income declined to ₹3,109.32 lakh from ₹4,626.60 lakh in FY25, primarily due to reduced income from operations. Separately, the company disclosed the resignation of its Chief Financial Officer (CFO), Mr. Mahesh Kumar Birla, effective from the close of business hours on May 30, 2026, due to personal reasons.

Financial Performance

The Board of Directors approved the audited standalone and consolidated financial results on May 25, 2026. The standalone results for FY26 reflected a net loss of ₹304.58 lakh, compared to a net profit of ₹188.61 lakh in the prior year. For the quarter ended March 31, 2026, the standalone net loss was ₹182.71 lakh, while the consolidated net loss was ₹171.60 lakh.

Key Financial Metrics (Standalone)

Particulars Year Ended March 31, 2026 (₹ in Lakhs) Year Ended March 31, 2025 (₹ in Lakhs)
Total Income 3,109.32 4,626.60
Income from Operations 2,693.69 3,931.78
Other Income 415.63 694.82
Total Expenses 3,423.80 4,382.27
Profit/(Loss) Before Tax (314.48) 244.33
Net Profit/(Loss) (304.58) 188.61

Management Changes

The resignation of Mr. Mahesh Kumar Birla was intimated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board expressed appreciation for his services. Consequently, the Board appointed Mrs. Neha Beriwala as the new CFO effective June 01, 2026. Mrs. Beriwala is a Chartered Accountant with over 8 years of experience in Indirect Taxation, Compliance Management, Financial Controls, and Risk Assessment. Additionally, the company accepted the resignation of Mr. Hanuman Patel as Company Secretary & Compliance Officer effective March 26, 2026, and appointed Mrs. Diksha Chandaliya to the role effective May 26, 2026.

Audit and Compliance

The Statutory Auditors, Pramod K. Sharma & Co., issued an unmodified opinion on the audited standalone and consolidated financial results. The Board approved the appointment of M/s. Tibrewal Chand & Co., Chartered Accountants, as the Internal Auditor for the financial year 2026-2027, effective June 01, 2026. The financial results were prepared in compliance with Indian Accounting Standards (Ind-AS).

Historical Stock Returns for Ekansh Concepts

1 Day5 Days1 Month6 Months1 Year5 Years
+0.05%-4.29%-10.31%+3.21%-2.03%+642.41%

What specific factors led to the significant decline in income from operations, and are these headwinds expected to persist into FY27?

How will the appointment of a new CFO with a background in indirect taxation and risk assessment influence the company's strategy to reverse the financial downturn?

What cost-cutting measures or operational adjustments does the new management team intend to implement to restore profitability?

Ekansh Concepts appoints Diksha Chandaliya as Company Secretary

1 min read     Updated on 25 May 2026, 09:36 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Ekansh Concepts Limited has appointed Mrs. Diksha Chandaliya as Company Secretary and Compliance Officer effective May 26, 2026, following a recommendation by its Nomination & Remuneration Committee. The appointment complies with Section 203 of the Companies Act, 2013 and SEBI regulations. Mrs. Chandaliya, an Associate member of ICSI, brings over five years of experience in corporate compliance and regulatory filings.

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ekansh concepts has appointed Mrs. Diksha Chandaliya as its Company Secretary and Compliance Officer effective May 26, 2026. The decision was made by the Board on the recommendation of the Nomination & Remuneration Committee. The appointment is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Section 203 of the Companies Act, 2013.

Mrs. Chandaliya is an Associate member of the Institute of Company Secretaries of India, holding membership number A63882. Her terms of appointment are consistent with those of Key Managerial Personnel (KMP). The disclosure was submitted to BSE Limited on May 25, 2026.

Profile of the Appointee

Mrs. Diksha Chandaliya brings over five years of experience in corporate compliance, secretarial practices, and regulatory filings under the Companies Act, 2013. Her expertise includes handling incorporation, restructuring, strike-off, and conversion of companies and LLPs, including foreign subsidiaries. She is skilled in IPO compliances, due diligence, XBRL filings, ISIN activation, and dematerialization.

The appointee is proficient in board management, statutory compliances, and liaison with regulatory authorities such as the Ministry of Corporate Affairs (MCA), National Securities Depository Limited (NSDL), and Registrars and Transfer Agents (RTAs). Her capabilities extend to corporate governance, policy implementation, and maintaining compliance integrity.

Appointment Details

Sr. No. Details of events Information of such event(s)
1 Name Mrs. Diksha Chandaliya
2 Reason for Change Appointment as Company Secretary & Compliance Officer w.e.f. May 26, 2026
3 Date of Appointment May 26, 2026
4 Terms of Appointment Same as KMP's
5 Disclosure of relationship Not Applicable

Historical Stock Returns for Ekansh Concepts

1 Day5 Days1 Month6 Months1 Year5 Years
+0.05%-4.29%-10.31%+3.21%-2.03%+642.41%

How might Mrs. Chandaliya's expertise in IPO compliances influence Ekansh Concepts' future capital market strategies?

What specific corporate governance improvements can be expected under her leadership as Compliance Officer?

Could this appointment signal a shift towards greater regulatory transparency and stricter adherence to SEBI norms?

More News on Ekansh Concepts

1 Year Returns:-2.03%