Esaar (India) Ltd has scheduled a board meeting for June 10, 2026, to deliberate on the appointment of a Chief Financial Officer (CFO) and a proposal to raise funds through a rights issue. The meeting, convened under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will address these key agenda items alongside any other business permitted by the Chair.

The board intends to consider the appointment of a CFO to oversee the company's financial operations. Additionally, the directors will evaluate a proposal to raise capital by issuing equity shares through a rights issue. This fundraising initiative is subject to necessary regulatory and statutory approvals.

In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, the trading window for dealing in the company's securities has been closed effective June 05, 2026. The window will remain shut until 48 hours after the board declares the outcome of the meeting.

Agenda for Board Meeting

The intimation was submitted by Bipin D Varma, Whole-Time Director of Esaar (India) Ltd. The information regarding the board meeting will be available on the company's official website.

Esaar (India) Ltd returned to profitability for the financial year ended March 31, 2026, reporting a net profit of ₹1,113.69 lakh compared to a loss in the prior year. The company's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditor, M/s. B L Dasharda & Associates, Chartered Accountants (Firm Registration No. 112615W), issued an audit report with an unmodified opinion on the results. The results were reviewed and recommended by the Audit Committee prior to board approval.

Financial Performance

Revenue from operations for the year ended March 31, 2026, stood at ₹4,070.88 lakh, a significant increase from ₹252.03 lakh in the quarter ended March 31, 2025. Total income for FY26 reached ₹4,178.61 lakh. For the quarter ended March 31, 2026, the company posted a net profit of ₹2,501.19 lakh on a total income of ₹3,482.83 lakh. The following table presents the key financial metrics across reporting periods:

Expense Breakdown

The company's total expenses for FY26 stood at ₹2,617.26 lakh. The key components of expenses for the year are detailed below:

Operational Highlights

The revenue from operations comprises income from trading in shares and NBFC activities. Due to a substantial increase in the volume of transactions in shares, the management decided to show income from share trading as net gain or loss on trading of shares in the Statement of Profit & Loss, with the closing stock of such shares classified under the head Inventories. The company is classified under the "Base Layer" pursuant to the Reserve Bank of India's Scale Based Regulations for NBFCs. The paid-up equity share capital stood at ₹2,044.25 lakh, while reserves excluding revaluation reserves were ₹1,911.35 lakh for FY26.

Assets and Liabilities

The company's balance sheet reflected improved financial health as of March 31, 2026. Total assets stood at ₹11,973.26 lakh, up from ₹10,872.56 lakh in the previous year. Total equity rose significantly to ₹3,955.56 lakh from ₹2,339.92 lakh, driven by an increase in other equity from ₹295.67 lakh to ₹1,911.31 lakh. Borrowings decreased to ₹4,688.28 lakh from ₹5,433.22 lakh in the prior year.

Cash Flow Summary

For the year ended March 31, 2026, the company generated net cash from operating activities of ₹21.78 lakh, compared to a net cash outflow of ₹182.22 lakh in the prior year. Net cash from investing activities was ₹712.74 lakh, supported by sale of shares worth ₹712.74 lakh. Financing activities resulted in a net cash outflow of ₹744.95 lakh, primarily due to repayment of short-term borrowings. Cash and cash equivalents at the end of the year stood at ₹18.76 lakh, compared to ₹29.18 lakh at the beginning of the year.