Hanman Fit board approves audited financial results for FY26

0 min read     Updated on 25 Jun 2026, 01:24 PM
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Hanman Fit Limited's board approved the audited financial results for the financial year ended March 31, 2026, during a meeting on May 29, 2026. The results, reviewed by the Audit Committee, include the Balance Sheet, Profit and Loss Account, and Cash Flow Statement. Director Divesh Shantaram Koli has been authorized to sign and file the results with the authorities.

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Hanman Fit Limited's board approved the audited financial results for the financial year ended March 31, 2026. The decision was taken during a board meeting held on May 29, 2026, at the company's registered office in Mumbai. The approval covers the Balance Sheet as at March 31, 2026, the Profit and Loss Account, Cash Flow Statement, and accompanying notes.

The financial results were reviewed by the Audit Committee and recommended for adoption before being approved by the Board of Directors. The resolutions were passed pursuant to the provisions of the Companies Act, 2013, and applicable rules.

Authorization for Filing

The board authorized Mr. Divesh Shantaram Koli, Director (DIN: 06620482), to sign the financial statements. He is responsible for submitting the documents to the Stock Exchange and other relevant authorities as required under applicable laws and regulations.

The certified true copy of the resolution was signed by Director Shailendra Sudhakar Sawant (DIN: 10306962). The intimation regarding the authorization was submitted to the Bombay Stock Exchange on June 25, 2026.

Historical Stock Returns for Hanman Fit

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%-6.32%-25.61%+88.60%

What key financial metrics from the audited results will investors focus on to gauge Hanman Fit's performance?

How might the approval of these financial results impact Hanman Fit's stock price in the near term?

Will Hanman Fit provide any guidance or outlook for the upcoming fiscal year alongside these results?

Hanman Fit reports FY26 loss, auditor flags going concern risk

2 min read     Updated on 29 May 2026, 03:51 PM
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Hanman Fit Limited reported a net loss of ₹10.47 lakh for the financial year ended March 31, 2026, on total income of ₹32.93 lakh. The statutory auditor emphasized significant uncertainty regarding the company's ability to continue as a going concern due to accumulated losses of ₹893.37 lakh. The Board approved the audited results on May 29, 2026, and the company noted it is not required to prepare a statement of deviation as no shares were issued in the past three years.

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Hanman Fit Limited reported a net loss of ₹10.47 lakh for the financial year ended March 31, 2026, with total income rising to ₹32.93 lakh from ₹18.28 lakh in the previous year. The company's accumulated losses stood at ₹893.37 lakh as of March 31, 2026, prompting the statutory auditor to highlight a significant uncertainty regarding the company's ability to continue as a going concern. The management is currently undertaking measures to revive gymnasium operations and strengthen brand presence, though the outcome remains subject to inherent uncertainties.

The Board of Directors approved the audited standalone financial results for the half-year and financial year ended March 31, 2026, during a meeting held on May 29, 2026. The approval was granted in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. B. L. Dasharda & Associates, the statutory auditor, issued an unmodified opinion on the financial statements but included an emphasis of matter paragraph regarding the accumulated losses and the need for new business avenues or revival of existing operations.

Financial Performance

The company's expenses for the full year totaled ₹43.40 lakh, a decrease from ₹100.36 lakh in the prior year. Employee benefits expense for the year was ₹16.39 lakh, while depreciation and amortization expenses amounted to ₹19.51 lakh. Other expenses reduced significantly to ₹7.45 lakh compared to ₹53.58 lakh in the previous year. Finance costs were nominal at ₹0.04 lakh. The basic and diluted earnings per share for the year were reported at a loss of ₹0.10 per share, compared to a loss of ₹0.78 per share in FY25.

Standalone Financial Results

Particulars Year Ended 31.03.2026 (₹ in lakhs) Year Ended 31.03.2025 (₹ in lakhs)
Total Income 32.93 18.28
Total Expenses 43.40 100.36
Profit/Loss before Tax (10.47) (82.08)
Net Profit/Loss for the Period (10.47) (82.08)

Assets and Liabilities

The total equity and liabilities as of March 31, 2026, stood at ₹259.79 lakh, slightly up from ₹253.02 lakh in the previous year. Shareholders' funds decreased to ₹156.63 lakh from ₹167.10 lakh, primarily due to the increase in accumulated losses. Current liabilities rose to ₹103.16 lakh from ₹85.92 lakh. On the assets side, total assets increased to ₹259.79 lakh, with non-current assets at ₹226.43 lakh and current assets at ₹33.37 lakh. Cash and cash equivalents improved to ₹32.18 lakh from ₹27.25 lakh in the prior year.

Historical Stock Returns for Hanman Fit

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%-6.32%-25.61%+88.60%

What specific new business avenues is management exploring to diversify revenue streams beyond gymnasium operations?

Does the company have sufficient cash reserves to sustain operations until the proposed revival measures yield results?

Are there potential capital infusion plans or strategic partnerships on the horizon to offset the accumulated losses?

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