Global Capital Markets has approved its financial results for FY26 and the accompanying Director's Report in a Board of Directors meeting held on September 3, 2026. The session also finalized the notice for the 37th Annual General Meeting (AGM), scheduled for September 25, 2026.

The board recommended the re-appointment of Mr. Manish Baid as a director. He retires by rotation under Section 152(6) of the Companies Act, 2013, and is eligible for re-appointment at the upcoming AGM.

Key Agenda Items

The meeting addressed several critical corporate governance matters alongside the financial approvals:

• Re-appointment of Mr. Inder Chand Baid as Chairman & Managing Director for a five-year term.
• Appointment of M/s Kriti Daga as Secretarial Auditors for five years, subject to member approval.
• Appointment of M/s Kriti Daga as Scrutinizer for monitoring E-voting at the 37th AGM.
• Finalization of the date, time, venue, and mode for the 37th AGM.
• Determination of dates for closing the Register of Members and Transfer Books.

The company cited Regulation 30 of the SEBI (LODR) Regulations, 2015, in its outcome letter to stock exchanges. The meeting commenced at 12:10 pm and concluded at 12:45 pm.

Financial Performance

Global Capital Markets Limited reported a significant reduction in its net loss for FY26. The company posted a net loss of ₹13.74 lakh, compared to a net loss of ₹85.11 lakh in FY25. This improvement was driven by lower operating losses and reduced finance costs, despite a sharp decline in revenue.

Revenue from operations stood at ₹169.23 lakh in FY26, down from ₹329.24 lakh in FY25. The decline was primarily due to a drop in sales of traded goods, which fell to ₹8.60 lakh from ₹165.75 lakh in the previous year. Interest income remained relatively stable at ₹159.71 lakh, compared to ₹160.85 lakh in FY25.

Total expenses decreased to ₹204.73 lakh from ₹413.67 lakh. Notably, the company did not report any loss on account of trading in Futures/Options in FY26, whereas it incurred a loss of ₹79.24 lakh in FY25. Finance costs also dropped significantly to ₹0.47 lakh from ₹2.84 lakh.

What the Numbers Show

The narrowing of the net loss is largely attributable to the absence of significant trading losses in derivatives, which had impacted FY25 results. While operational revenue from share trading declined sharply, the stability in interest income helped cushion the overall financial performance. The company’s focus on reducing borrowing costs also contributed to the improved bottom line.

Corporate Governance & AGM Details

The 37th AGM will be held via Video Conferencing (VC) / Other Audio Visual Means (OAVM) on September 25, 2026, at 12:45 pm. The register of members will remain closed from September 19, 2026, to September 25, 2026.

Key resolutions include:

• Adoption of audited standalone financial statements for FY26.
• Re-appointment of Mr. Manish Baid as a director liable to retire by rotation.
• Re-appointment of Mr. Inder Chand Baid as Chairman & Managing Director for five years effective April 1, 2027.

The board also noted changes in directorship during the year, including the resignation of Independent Directors Mr. Laxmi Narayan Sharma and Mr. Mahavir Prasad Saraswat, and the appointment of Mrs. Akshaya Suved Chavan as an Independent Director.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE062C01042/fb4a1ef5-f406-40e5-8ea5-6c6a66b3d299.pdf

Global Capital Markets reported a net profit of ₹55.17 lakh for the quarter ended June 30, 2026 (Q1FY27), marking a significant turnaround from the net loss of ₹192.52 lakh recorded in the preceding quarter. The company’s total revenue from operations stood at ₹107.55 lakh, down 6.4% compared to ₹114.91 lakh in the corresponding period of FY26. This performance reflects a stabilization in earnings despite a slight dip in top-line growth, driven primarily by gains from trading in shares and futures and options (FNO) segments.

The Board of Directors, chaired by Inder Chand Baid, approved the unaudited standalone financial results in a meeting held on August 10, 2026. The results were submitted to BSE Limited and The Calcutta Stock Exchange Limited in compliance with Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Maheshwari and Co., the statutory auditors, issued a limited review report on the financial statements.

Financial Performance Highlights

The company’s total income for the quarter was ₹120.41 lakh. Interest income contributed ₹42.80 lakh, while dividend income added ₹0.40 lakh. A significant portion of the revenue came from other sources, specifically gains from trading in shares and FNO segments, which amounted to ₹64.35 lakh. In contrast, the preceding quarter saw negative revenue from the sale of shares, totaling ₹81.30 lakh.

Total expenses for Q1FY27 were ₹75.42 lakh, a substantial decrease from ₹129.21 lakh in the previous quarter. This reduction was largely due to a lower expected credit loss provision of ₹53.98 lakh, compared to ₹80.69 lakh in the prior period. Employee benefit expenses also decreased to ₹6.57 lakh from ₹15.29 lakh.

What the Numbers Show

The shift from a significant loss to profitability in Q1FY27 is primarily attributable to the reduction in expected credit losses rather than operational revenue growth. While revenue from operations declined slightly year-on-year, the expense side saw a marked improvement, with expected credit losses dropping by nearly ₹27 lakh compared to the previous quarter. Additionally, the company reported a positive other comprehensive income of ₹35.71 lakh, driven by fair value changes on instruments carried at fair value through other comprehensive income (FVTOCI). However, the statutory auditors noted in their limited review report that interest income was not recognized on outstanding advances due to insufficient information, highlighting a potential area of monitoring for investors.