Everlon Financials Limited (formerly known as Everlon Synthetics Limited), a registered Non-Banking Financial Company (NBFC) with Registration No. N-13.02443, reported its audited standalone financial results for the fourth quarter and year ended 31st March, 2026, at a Board of Directors meeting held on 12th May, 2026. The company swung to a net loss of ₹665.67 lakhs for FY26, reversing a net profit of ₹118.87 lakhs recorded in FY25, as a sharp rise in total expenses outpaced income growth during the year. In compliance with Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the financial results were subsequently published in Business Standard (English) and Mumbai Lakshdweep (Marathi) newspapers on 13th May, 2026.

Financial Performance: Annual Overview

For the full year ended 31st March, 2026, total income increased modestly to ₹1,651.69 lakhs from ₹1,555.73 lakhs in the previous year. Revenue from operations (net) grew to ₹1,647.67 lakhs from ₹1,311.42 lakhs, while other income declined sharply to ₹4.02 lakhs from ₹244.31 lakhs. However, total expenses surged to ₹2,304.47 lakhs from ₹1,136.88 lakhs, resulting in a pre-tax loss of ₹652.78 lakhs against a pre-tax profit of ₹418.86 lakhs in FY25. The key expense drivers included purchase of stock-in-trade at ₹1,355.74 lakhs and changes in inventories amounting to ₹838.91 lakhs. The following table summarises the key annual financial metrics:

Q4 FY26 Quarterly Performance

For the quarter ended 31st March, 2026, the company reported total income of ₹64.36 lakhs, a steep decline from ₹383.13 lakhs in the corresponding quarter of the previous year. Total expenses for Q4 FY26 stood at ₹367.30 lakhs, compared to ₹914.03 lakhs in Q4 FY25, resulting in a pre-tax loss of ₹302.94 lakhs against a pre-tax loss of ₹530.89 lakhs in Q4 FY25. The net loss for Q4 FY26 was ₹299.10 lakhs, compared to a net loss of ₹568.33 lakhs in the same quarter of the prior year. Basic and diluted earnings per share for Q4 FY26 stood at ₹(4.82), against ₹(9.17) in Q4 FY25.

Balance Sheet and Cash Flow Highlights

As at 31st March, 2026, total assets stood at ₹1,764.87 lakhs, down from ₹3,431.93 lakhs as at 31st March, 2025. Non-current investments declined significantly to ₹636.16 lakhs from ₹1,478.41 lakhs, while inventories reduced to ₹1,054.29 lakhs from ₹1,893.20 lakhs. Total equity decreased to ₹1,740.26 lakhs from ₹3,124.55 lakhs, with other equity falling to ₹1,120.26 lakhs from ₹2,504.55 lakhs. Paid-up equity share capital remained unchanged at ₹620.00 lakhs. The following table presents the key balance sheet figures:

On the cash flow front, net cash used in operating activities for FY26 was ₹(35.95) lakhs, compared to net cash generated of ₹39.97 lakhs in FY25. Net cash from investing activities was ₹60.55 lakhs, while net cash used in financing activities was ₹(24.28) lakhs. Cash and cash equivalents at the end of the year stood at ₹2.22 lakhs, up from ₹1.90 lakhs at the beginning of the year.

Board Decisions and Audit Matters

At the Board meeting held on 12th May, 2026, which commenced at 12.00 Noon and concluded at 12.40 p.m., the following key decisions were taken:

• Adoption of Audited Financial Results for the fourth quarter and year ended 31st March, 2026, along with the Statement of Assets and Liabilities, Cash Flow Statement, and Auditors' Report.
• Re-appointment of M/s. R. Thakkar and Co., Chartered Accountants (Firm Registration No. 110910W), located at Masjid Bunder, Mumbai, as Internal Auditor of the company for FY 2026-27.

The statutory auditors, M/s. B. L. Dasharda & Associates, Chartered Accountants (ICAI Firm Registration No. 112615W), issued an unmodified audit opinion on the audited financial results for the fourth quarter and financial year ended 31st March, 2026, as declared by Managing Director Jitendra K. Vakharia (DIN: 00047777) pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The revenue from operations comprises trading in shares, dividend, and interest on advances, as noted in the financial statements.

Everlon Financials Limited has officially communicated to BSE Limited that it does not fall under the Large Corporate criteria as defined by SEBI regulatory guidelines. The company made this confirmation through a formal letter dated April 9, 2026, addressing compliance requirements under specific SEBI regulations as of March 31, 2026.

Regulatory Compliance Framework

The company's communication references SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and BSE Circular No. LIST/COMP/OS/2019-20 dated April 11, 2019. These circulars pertain to fund raising by issuance of debt securities by large entities and the associated disclosure compliance requirements.

Company Information and Authorization

Everlon Financials Limited, formerly known as Everlon Synthetics Limited, operates under CIN L65100MH1989PLC052747. The formal communication to BSE was signed by Jitendra K. Vakharia, Managing Director, bearing DIN 00047777, confirming the company's adherence to regulatory transparency requirements.

Compliance Declaration Details

The company has confirmed its status based on the framework and applicability criteria outlined in the SEBI circular regarding fund raising by issuance of debt securities by large corporate entities. This formal declaration ensures compliance with regulatory requirements and demonstrates the company's commitment to maintaining proper disclosure standards as mandated by securities market regulators.

The communication specifically addresses the company's position as of March 31, 2026, providing clarity on its regulatory status under the prescribed SEBI guidelines for large corporate classification and associated compliance obligations.