GCM Capital Advisors reports widened net loss in FY26
GCM Capital Advisors reported a widened net loss of ₹49.02 lakh for FY26, reversing the net profit of ₹23.83 lakh recorded in FY25. Revenue from operations increased to ₹229.97 lakh from ₹223.83 lakh in the previous year. The board approved the audited financial results on May 25, 2026.

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GCM Capital Advisors reported a widened net loss of ₹49.02 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹23.83 lakh in the previous year. Revenue from operations for the period rose to ₹229.97 lakh from ₹223.83 lakh in FY25. The company’s total income stood at ₹229.97 lakh for the year, while total expenses increased to ₹278.99 lakh from ₹202.01 lakh in the preceding year.
The board of directors reviewed and approved the audited financial results for the half-year and year ended March 31, 2026, in a meeting held on May 25, 2026. The statutory auditors, S P M L & Associates, provided an unmodified opinion on the annual financial results. The audit report highlighted that the company has not obtained registration as a Non-Banking Financial Company (NBFC) from the Reserve Bank of India, despite meeting the criteria specified under Section 45-IA of the RBI Act, 1934.
Financial Performance
The company reported a basic and diluted earnings per share (EPS) of (₹0.22) for FY26, compared to (₹0.11) in the previous year. For the half-year ended March 31, 2026, the company recorded a net loss of ₹40.79 lakh on revenue of ₹110.02 lakh. Total comprehensive income for the year was (₹36.47) lakh.
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 229.97 | 223.83 |
| Total Income | 229.97 | 225.84 |
| Total Expenses | 278.99 | 202.01 |
| Net Profit / (Loss) | (49.02) | 23.83 |
| Basic EPS | (0.22) | (0.11) |
Auditor Observations
The auditors drew attention to advances totaling ₹641.70 lakh given for acquiring shares or securities, where the acquisition is pending as on the balance sheet date. The management is in the process of settling these transactions either through acquisition or repayment. Additionally, interest income was not recognized on certain outstanding loans as it could not be crystallized, though the company has made provisions for expected credit losses. The auditors relied on management representation regarding these loans and the related provisions.
Historical Stock Returns for GCM Capital Advisors
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +9.94% | +5.74% | -24.56% | -21.02% | +159.73% |
What is the timeline and potential impact of GCM Capital Advisors obtaining the required NBFC registration from the RBI?
How does the company plan to manage the ₹641.70 lakh in pending advances, and what risks are associated with these transactions?
What measures will be taken to control the sharp rise in total expenses that led to the widened net loss in FY26?






























