Goblin India appoints Khushbu Bharakatya as Company Secretary

1 min read     Updated on 27 Jul 2026, 03:43 PM
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Goblin India Ltd has filled its Company Secretary and Compliance Officer role by appointing Ms. Khushbu Bharakatya, an ICSI associate member, effective July 24, 2026. The Board approved the appointment during a meeting held on that date, complying with statutory mandates under the Companies Act and SEBI regulations. Ms. Bharakatya holds no shares in the company and has no relationships with existing directors.

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Goblin India Ltd has appointed Ms. Khushbu Bharakatya as its Company Secretary and Compliance Officer, effective July 24, 2026. The Board of Directors approved the appointment during a meeting held on the same day, fulfilling statutory requirements under Section 203 of the Companies Act, 2013 and Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This move strengthens the company’s governance framework by filling a key compliance role.

The appointment was recommended by the Nomination & Remuneration Committee and formally approved by the Board, which convened at 4:00 p.m. and concluded at 4:40 p.m. on July 24, 2026. The decision aligns with the company’s earlier intimation submitted to stock exchanges on July 21, 2026, pursuant to Regulation 29 of the SEBI LODR Regulations. The disclosure was made under Regulation 30 of the SEBI LODR Regulations, read along with circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Ms. Bharakatya is an Associate Member of the Institute of Company Secretaries of India (ICSI), holding membership number 63413. She brings comprehensive experience in secretarial and compliance management across various organizations. Her appointment ensures continuity in regulatory adherence and corporate governance practices for Goblin India Ltd.

Particulars Details
Name Ms. Khushbu Bharakatya
Designation Company Secretary & Compliance Officer
Membership No. 63413 (ICSI)
Effective Date July 24, 2026
Shareholding in Company Nil
Relationship with Directors None

The Board also considered any other business placed before it with the chairman’s permission during the meeting. Manojkumar J. Choukhany, Managing Director and DIN holder (02313049), signed the disclosure letter addressed to the Manager, Department of Corporate Services, BSE Limited. The company remains committed to maintaining robust compliance standards as it continues its operations in the luggage manufacturing sector.

Historical Stock Returns for Goblin

1 Day5 Days1 Month6 Months1 Year5 Years
-4.37%-8.81%-6.01%-23.40%-54.67%-58.03%

How might Ms. Bharakatya's specific compliance expertise influence Goblin India Ltd's strategy for upcoming regulatory changes in the manufacturing sector?

What impact could this strengthened governance framework have on the company's ability to secure institutional investment or credit facilities?

Are there plans to expand the compliance team further to support Goblin India Ltd's operational growth in the luggage manufacturing market?

Goblin India revises FY26 audited results, tax gaps persist

2 min read     Updated on 19 Jun 2026, 08:18 PM
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Goblin India Ltd reported a standalone net profit of ₹156.08 lakh for FY26, up from ₹140.48 lakh in the previous year, with revenue rising to ₹3903.87 lakh. The company submitted revised audited financial results to the stock exchange on June 19, 2026, following a board meeting on May 30, 2026. Statutory auditors Chandabhoy & Jassoobhoy Chartered Accountants issued a qualified opinion for both standalone and consolidated results due to unverified GST reconciliations and outstanding tax liabilities, including unfiled income tax returns and unpaid TDS dues. The consolidated net profit stood at ₹230.83 lakh, with revenue from operations at ₹5537.81 lakh. Management stated it is streamlining GST compliance and taking steps to clear tax dues.

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Goblin India Ltd reported a standalone net profit of ₹156.08 lakh for the financial year ended March 31, 2026, an increase from ₹140.48 lakh in the previous year. Revenue from operations rose to ₹3903.87 lakh for the year, compared to ₹3729.36 lakh in FY25. The company’s board approved the standalone and consolidated audited financial results for the half year and financial year ended March 31, 2026, at a meeting held on May 30, 2026. The company subsequently submitted revised financial results to the stock exchange on June 19, 2026, clarifying that the qualifications in the consolidated report were a reiteration of those in the standalone financials.

Chandabhoy & Jassoobhoy Chartered Accountants, the statutory auditors, issued a qualified opinion on the standalone financial results. The auditors noted that the company did not provide GST electronic credit ledgers, reconciliations, and detailed GST payable workings for verification, preventing the verification of related balances in the books of account. Additionally, the company has outstanding statutory liabilities under the Income Tax Act, 1961, and has not filed the Income Tax Return for Assessment Year 2025-26 or applicable TDS returns for the financial year 2025-26 within the prescribed timelines. Certain TDS liabilities remain unpaid as of March 31, 2026, and the management has not made provisions for interest, penalties, or other liabilities that may arise from these non-compliances.

The auditors issued a similar qualified opinion for the consolidated financial results, citing the same issues regarding GST reconciliations and tax filings at the holding company level. The consolidated financial results include the financials of subsidiaries Goblin Industries (India) Private Limited and Goblin France. The consolidated net profit for the year stood at ₹230.83 lakh, with total revenue from operations at ₹5537.81 lakh.

Standalone Financial Performance

The company’s standalone financial results for FY26 show growth across key metrics. Total expenses for the year were ₹3853.22 lakh, up from ₹3742.61 lakh in the previous year. Profit before tax for the year was ₹207.33 lakh, compared to ₹202.51 lakh in FY25. Basic earnings per share increased to ₹1.13 from ₹1.02 in the prior year.

Metric FY26 (₹ in Lakh) FY25 (₹ in Lakh)
Revenue from Operations 3903.87 3729.36
Total Revenue 4060.55 3884.86
Total Expenses 3853.22 3742.61
Profit Before Tax 207.33 202.51
Net Profit 156.08 140.48
Basic EPS 1.13 1.02

Consolidated Financial Performance

On a consolidated basis, the company reported a total revenue of ₹5694.50 lakh for FY26, down from ₹5694.50 lakh in the previous year. Total expenses for the year were ₹5387.97 lakh. The profit before tax for the consolidated entity was ₹306.53 lakh, compared to ₹306.53 lakh in the prior year. Basic earnings per share on a consolidated basis were ₹1.67, compared to ₹1.67 in FY25.

Metric FY26 (₹ in Lakh) FY25 (₹ in Lakh)
Revenue from Operations 5537.81 5694.50
Total Revenue 5694.50 5694.50
Total Expenses 5387.97 5387.97
Profit Before Tax 306.53 306.53
Net Profit 230.83 230.83
Basic EPS 1.67 1.67

The company stated that it is currently streamlining its GST compliance documentation process and expects to complete the reconciliation exercise in the current quarter. It also noted that immediate steps are being taken to clear outstanding TDS dues and file overdue returns.

Historical Stock Returns for Goblin

1 Day5 Days1 Month6 Months1 Year5 Years
-4.37%-8.81%-6.01%-23.40%-54.67%-58.03%

What financial impact will the interest and penalties for unpaid TDS liabilities have on future profitability once the provisions are made?

How will the management's current efforts to streamline GST compliance affect operational efficiency and auditor opinions in the next fiscal year?

Will the stagnation in consolidated revenue and profit growth prompt the company to revise its strategy for its subsidiaries, particularly Goblin France?

More News on Goblin

1 Year Returns:-54.67%