Emmsons International Limited held its Board of Directors meeting on May 14, 2026, wherein the board considered and approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In compliance with Regulation 30 and Regulation 47 of the SEBI (LODR) Regulations, 2015, the company subsequently published the audited financial statements (standalone and consolidated) for the quarter and financial year ended March 31, 2026, in the Business Standard newspaper (English and Hindi editions) on May 15, 2026. The board also re-appointed Mr. Munesh Singh as Internal Auditor for the financial year 2026-27, on the recommendation of the Audit Committee. The intimation was signed by Twinkle Gupta, Company Secretary and Compliance Officer (M No. A72499).

Standalone Financial Performance

The company reported nil revenue from operations for both the quarter ended March 31, 2026, and the full financial year, continuing a trend of no operational income. The standalone financials for the quarter and year ended March 31, 2026, are presented below (amounts in Rs. lacs except EPS):

The standalone total comprehensive loss for FY26 stood at Rs. 78.87 lacs, compared to Rs. 37.95 lacs in FY25, reflecting a widening of losses year-on-year. Paid-up share capital remained unchanged at Rs. 1199.60 lacs, while reserves (excluding revaluation reserves) stood at Rs. (235342.46) lacs as at March 31, 2026.

Standalone Balance Sheet Highlights

The standalone statement of assets and liabilities as at March 31, 2026, reflects the company's severely stressed financial position. Total assets stood at Rs. 1267.56 lacs, compared to Rs. 1282.77 lacs in the previous year.

The company's standalone cash and cash equivalents declined to Rs. 3.12 lacs from Rs. 11.88 lacs, with net cash used in operating activities amounting to Rs. (65.46) lacs for FY26. Net proceeds from long-term borrowings of Rs. 56.69 lacs partially offset operating cash outflows.

Consolidated Financial Performance

On a consolidated basis, the group — comprising the holding company and its subsidiaries Emmsons Gulf DMCC (Dubai) and Emmsons S.A. (Switzerland) — reported a net loss of Rs. 100.02 lacs for FY26, compared to Rs. 43.04 lacs in FY25. Total comprehensive loss on a consolidated basis stood at Rs. 95.36 lacs for FY26.

Consolidated total assets stood at Rs. 52,482.67 lacs as at March 31, 2026, against Rs. 52,498.24 lacs in the previous year. Consolidated total equity was deeply negative at Rs. (2,59,477.80) lacs, with accumulated losses of Rs. 260677.41 lacs. Net cash used in consolidated operating activities was Rs. (81.34) lacs for FY26, while net proceeds from long-term borrowings amounted to Rs. 72.20 lacs.

Auditor's Qualified Opinion and Going Concern

Statutory auditor B.B. Chaudhry & Co., Chartered Accountants (FRN: 001784N), issued a qualified opinion on both the standalone and consolidated financial results. The going concern qualification has appeared for the sixth consecutive time. The auditors highlighted the following key concerns:

• The company incurred a standalone net loss of Rs. 25.98 lacs during Q4 FY26 and Rs. 78.87 lacs for FY26, with accumulated standalone losses of Rs. 235342.46 lacs, resulting in substantial erosion of net worth.
• On a consolidated basis, the group's accumulated losses stood at Rs. 260677.41 lacs, with net worth fully eroded; accumulated losses exceeded equity share capital by Rs. 259477.80 lacs.
• The company's bank accounts were declared Non-Performing Assets (NPAs) in 2014 and 2015, with no settlement reached as of the reporting date; the matter remains sub judice.
• Sundry creditors under standalone non-current liabilities of Rs. 2943.12 lacs and consolidated non-current liabilities of Rs. 1264.41 lacs are outstanding for more than three years, with the consequential impact on loss and liabilities unascertained.
• Standalone non-current investments of Rs. 882.02 lacs include investments in loss-making foreign subsidiary companies, with the impact on investment value unascertainable.
• Both subsidiary companies — Emmsons Gulf DMCC and Emmsons S.A. — have not prepared year-end financial statements due to financial constraints; the board has used figures from audited financial statements as of March 31, 2018, for consolidation purposes.

The management has stated that the impact of the going concern qualification is not determinable. The audit qualification impact statement confirms total standalone liabilities of Rs. 2,35,410.42 lacs and consolidated total liabilities of Rs. 311960.48 lacs, with standalone net worth at Rs. (2,34,142.85) lacs and consolidated net worth at Rs. (2,59,477.80) lacs.

Internal Auditor Re-Appointment

The board re-appointed Mr. Munesh Singh as Internal Auditor of the company for the financial year 2026-27. Mr. Munesh Singh brings over 20 years of experience in consulting, strategy, transactions, and tax services. The re-appointment was made on the recommendation of the Audit Committee, in compliance with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Emmsons International Limited has filed its quarterly compliance certificate with BSE Limited under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made on April 10, 2026, fulfilling the company's regulatory obligations.

Regulatory Compliance Details

The certificate was submitted in compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Twinkle Gupta (Membership No. A72499) signed the submission letter addressed to BSE Limited's Department of Corporate Affairs.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The firm provided the compliance certificate confirming operational activities during the quarter.

Swapan Kumar Naskar, Associate Vice-President & Head (Delhi Branch) of MUFG Intime India Private Limited, confirmed that no demat requests were received for processing during the quarter ended March 31, 2026. This confirmation was communicated to Emmsons International Limited on April 10, 2026.

Company Information

Emmsons International Limited operates as a Star Trading House recognized by the Government of India. The company has received multiple recognitions including APEDA Awards for 2001-2002/2009-2010 and National Award for 1998-1999. The company's registered and administrative office is located at 301/12, Community Centre, Zamrudpur, New Delhi-110048, with CIN No. L74899DL1993PLC053060.

The quarterly certificate submission ensures the company remains compliant with SEBI regulations governing depositories and participants, maintaining transparency in its share transfer and dematerialization processes.