iSERA FY26 Profit Rises to INR 25.94 Lakh

1 min read     Updated on 22 May 2026, 12:14 AM
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Reviewed by
Naman SScanX News Team
AI Summary

iSERA Lifesciences Limited reported a significant rise in net profit to INR 25.94 lakh for the year ended March 31, 2026, compared to INR 11.81 lakh in the prior year. Revenue from operations increased to INR 135.50 lakh from INR 26.52 lakh, supported by a rights issue that raised INR 8,08,55,500. The statutory auditor issued an unmodified opinion on the standalone audited financial results approved by the Board on May 21, 2026.

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iSERA Lifesciences Limited has approved its standalone audited financial results for the quarter and year ended March 31, 2026. The Board of Directors met on May 21, 2026, to consider and approve the results, which were reviewed by the audit committee. The statutory auditor, GMKS & Co., issued an audit report with an unmodified opinion for the period.

The company reported a revenue from operations of INR 135.50 lakh for the year ended March 31, 2026, compared to INR 26.52 lakh in the previous year. Total income for the year stood at INR 142.52 lakh. The company posted a profit for the year of INR 25.94 lakh, a significant increase from the profit of INR 11.81 lakh in the prior year. Earnings per share (EPS) for the year were recorded at INR 0.74 on a basic and diluted basis.

Financial Performance

The company’s expenses for the year totaled INR 108.88 lakh. Direct expenses accounted for INR 45.00 lakh, while employee benefits expense was INR 5.25 lakh. Other expenses, which include right issue expenses of INR 42.25 lakh, amounted to INR 58.63 lakh. The finance costs were nil for the period.

Metric Year Ended March 31, 2026 Year Ended March 31, 2025
Revenue from Operations INR 135.50 lakh INR 26.52 lakh
Total Income INR 142.52 lakh INR 26.52 lakh
Total Expenses INR 108.88 lakh INR 12.63 lakh
Profit for the Year INR 25.94 lakh INR 11.81 lakh
Earnings Per Share (Basic) INR 0.74 INR 0.37

Capital Structure and Rights Issue

During the year, the company allotted 80,85,550 equity shares of face value INR 10 each at par, pursuant to a rights issue aggregating to INR 8,08,55,500. The shares were issued in the ratio of 25 equity shares for every 1 fully paid-up equity share held. The issued, subscribed, and paid-up equity share capital as of March 31, 2026, stood at INR 840.90 lakh, comprising 84,08,972 equity shares.

The company’s net worth and paid-up equity share capital were below the thresholds of INR 10 crore and INR 25 crore respectively as of March 31, 2025. Consequently, the company is exempt from complying with certain corporate governance requirements specified in SEBI (LODR) Regulations, 2015.

Historical Stock Returns for Covidh Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+2.45%+627.61%+3,793.97%+10,970.00%

How does iSERA Lifesciences plan to deploy the INR 8.08 crore raised through the rights issue, and what revenue targets are being set for FY2027?

Will the significant expansion in paid-up share capital following the 25:1 rights issue dilute future EPS growth, and how does management plan to sustain earnings momentum?

As the company's net worth approaches the INR 10 crore threshold, what additional corporate governance and compliance obligations will iSERA Lifesciences face under SEBI (LODR) Regulations?

iSERA Lifesciences Limited Submits Postal Ballot Notice Advertisement to BSE

1 min read     Updated on 22 Apr 2026, 03:56 PM
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Radhika SScanX News Team
AI Summary

iSERA Lifesciences Limited has submitted postal ballot notice advertisements to BSE Limited under SEBI Regulation 30 compliance. The company has initiated remote e-voting from April 22, 2026 to May 21, 2026 for member approval on specified resolutions. The advertisements were published in Financial Express and Loksatta newspapers on April 22, 2026, and are available on the company website.

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iSERA Lifesciences Limited (formerly known as Covidh Technologies Limited) has submitted newspaper advertisements for its postal ballot notice to BSE Limited in compliance with regulatory requirements. The submission was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process Details

The company has initiated a postal ballot process for seeking member approval on specified resolutions. The postal ballot notice dated April 21, 2026 has been circulated to all members of the company for their consideration and voting.

Parameter: Details
Notice Date: April 21, 2026
E-voting Start: April 22, 2026 at 9:00 A.M. (IST)
E-voting End: May 21, 2026 at 5:00 P.M. (IST)
Voting Method: Postal Ballot / Remote E-voting

Publication and Accessibility

The postal ballot notice advertisement has been published in leading newspapers to ensure wide dissemination among stakeholders. The company has chosen both English and regional language publications for comprehensive coverage.

Published in:

  • Financial Express – April 22, 2026
  • Loksatta – April 22, 2026

The postal ballot notice is also accessible on the company's official website at www.covidhtechnologies.com , providing digital access to shareholders and other interested parties.

Company Information

iSERA Lifesciences Limited operates under CIN L72200PN1993PLC252720 and trades with scrip code 534920. The company's registered office is located at Office No. A1-1202, 12th Floor, Boulevard Tower, Phase-2, CTS No. 11, Sadhu Vaswani Chowk, Camp, Pune – 411001.

Regulatory Compliance

The submission demonstrates the company's adherence to regulatory disclosure requirements under SEBI listing regulations. Company Secretary and Compliance Officer Deepakshi, with membership number A76335, has digitally signed the communication to BSE on April 22, 2026 at 13:16:03 +05'30'.

The remote e-voting facility provides shareholders with a convenient mechanism to participate in the decision-making process during the specified voting period extending until May 21, 2026.

Historical Stock Returns for Covidh Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+2.45%+627.61%+3,793.97%+10,970.00%

What strategic initiatives or corporate restructuring decisions might iSERA Lifesciences be seeking shareholder approval for through this postal ballot?

How could the outcome of this postal ballot impact iSERA Lifesciences' business operations and market positioning in the life sciences sector?

Will the company's recent name change from Covidh Technologies to iSERA Lifesciences signal a shift in business focus that could affect its stock performance?

More News on Covidh Technologies

1 Year Returns:+3,793.97%