Grill Splendour Services reports widened net loss for FY26
Grill Splendour Services reported a widened net loss of ₹1,071.15 lakh for FY26, driven by exceptional items of ₹487.12 lakh. Revenue from operations declined marginally to ₹1,018.66 lakh. The company allotted 6,50,000 equity shares during the year upon warrant conversion.
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Grill Splendour Services reported a widened net loss of ₹1,071.15 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹474.96 lakh in the previous year. The loss was impacted by exceptional items amounting to ₹487.12 lakh, primarily related to the write-off of furniture and vehicles and sundry balances. Revenue from operations for the year declined to ₹1,018.66 lakh from ₹1,025.86 lakh in FY25.
The Board of Directors approved the audited financial results for the half-year and financial year ended March 31, 2026, at a meeting held on May 29, 2026. M/s. Sen & Ray, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results. The company operates in a single business segment focused on restaurant and café services.
Financial Performance
| Parameter | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 1,018.66 | 1,025.86 |
| Total Income | 1,022.86 | 1,031.26 |
| Total Expenses | 1,771.62 | 1,640.18 |
| Profit/(Loss) before Tax | (1,235.88) | (608.92) |
| Net Profit/(Loss) | (1,071.15) | (474.96) |
| Basic EPS (₹) | (18.76) | (9.12) |
Exceptional Items
The company recorded exceptional items totaling ₹487.12 lakh during the year. This included a furniture and vehicle write-off of ₹336.50 lakh and a sundry balance write-off (net) of ₹150.62 lakh. These adjustments significantly influenced the bottom line for the period.
Capital Allocation
During the year, the company allotted 6,50,000 equity shares following the conversion of warrants. The allotments occurred on November 10, 2025, February 3, 2026, and February 20, 2026, at a price of ₹64.2075 per share. The paid-up equity share capital increased to ₹630.82 lakh as of March 31, 2026, from ₹520.82 lakh in the previous year.
The company utilized proceeds from the preferential issue for business expansion, branding, loan repayment, and general corporate purposes. As of March 31, 2026, the total assets stood at ₹2,532.84 lakh, while cash and bank balances decreased to ₹32.63 lakh from ₹299.30 lakh in the prior year.
Historical Stock Returns for Grill Splendour Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | -7.72% | -1.47% | +8.46% | -2.91% |
What specific measures will management implement to reverse the decline in revenue and control rising operational expenses?
How will the company address the significant depletion in cash and bank balances to fund future working capital needs?
Are there plans to optimize asset utilization to prevent the recurrence of large exceptional write-offs in future fiscal years?
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