Key Corp Limited Reports Net Loss of ₹270.84 Lakh for FY26, AGM on July 15
Key Corp Limited reported a net loss of ₹270.84 lakh for FY26, reversing a profit of ₹431.84 lakh in FY25, as total income from operations fell to ₹37.57 lakh from ₹512.00 lakh. Total expenses rose to ₹308.45 lakh from ₹81.10 lakh, driven by a net loss on fair value changes of ₹232.76 lakh. The board approved results on May 4, 2026, and has scheduled the AGM for July 15, 2026.

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Key Corp Limited has announced its audited financial results for the quarter and year ended March 31, 2026, reporting a significant deterioration in performance with a net loss of ₹270.84 lakh compared to a net profit of ₹431.84 lakh in the previous fiscal year. The board of directors approved the results at their meeting held on May 4, 2026, between 11:00 AM and 12:00 NOON, and has scheduled the Annual General Meeting for July 15, 2026, at 10:00 AM. The results were filed with the stock exchange under Regulation 33 and Regulation 52 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015, as amended.
Financial Performance Overview
The company's total income from operations declined sharply to ₹37.57 lakh in FY26 from ₹512.00 lakh in FY25. This substantial decrease was primarily driven by the absence of net gains on fair value changes, which had contributed ₹474.44 lakh to revenue in the previous year. In the current year, the company recorded a net loss on fair value changes of ₹232.76 lakh. Interest income decreased to ₹31.35 lakh from ₹32.38 lakh, while dividend income increased to ₹3.51 lakh from ₹2.44 lakh. Management fees rose to ₹2.62 lakh from ₹1.98 lakh.
Quarterly and Annual Financial Results
The following table presents the extract of audited financial results for the quarter and year ended March 31, 2026, as filed with the stock exchange:
| Particulars: | Q4 FY26 (Audited) | Q3 FY26 (Unaudited) | Q4 FY25 (Audited) | FY26 (Audited) | FY25 (Audited) |
|---|---|---|---|---|---|
| Total Income from Operations (₹ Lakhs): | 11.82 | 177.28 | (579.38) | 37.57 | 512.00 |
| Net Profit/(Loss) before Tax (₹ Lakhs): | (961.65) | 158.59 | (597.20) | (270.88) | 430.98 |
| Net Profit/(Loss) after Tax (₹ Lakhs): | (961.65) | 158.59 | (597.20) | (270.84) | 431.84 |
| Total Comprehensive Income (₹ Lakhs): | (953.98) | 167.27 | (533.72) | (252.20) | 463.58 |
| Equity Share Capital (₹ Lakhs): | 600.00 | 600.00 | 600.00 | 600.00 | 600.00 |
| Earnings Per Share – Basic & Diluted (₹): | (15.90) | 2.79 | (8.90) | (4.20) | 7.73 |
Expense Structure and Profitability
Total expenses for FY26 increased to ₹308.45 lakh from ₹81.10 lakh in the previous year. The significant increase was primarily due to the net loss on fair value changes of ₹232.76 lakh recorded during the year. Employee benefit expenses decreased to ₹39.83 lakh from ₹40.92 lakh, while other expenses declined to ₹29.81 lakh from ₹33.42 lakh. Depreciation, amortization, and impairment expenses stood at ₹4.78 lakh compared to ₹5.56 lakh in FY25.
Key Annual Financial Metrics
The table below summarises the key annual financial metrics for FY26 and FY25:
| Metric: | FY26 (₹ Lakhs) | FY25 (₹ Lakhs) |
|---|---|---|
| Total Income from Operations: | 37.57 | 512.00 |
| Total Expenses: | 308.45 | 81.10 |
| Net Profit/(Loss) after Tax: | (270.84) | 431.84 |
| Net Worth: | 6,537.36 | 6,789.56 |
| Total Assets: | 6,571.00 | 6,825.92 |
| Reserves (excl. Revaluation Reserve): | 5,937.36 | 6,189.56 |
Balance Sheet Position
As of March 31, 2026, the company's total assets stood at ₹6,571.00 lakh, down from ₹6,825.92 lakh in the previous year. Investments constituted the largest component of financial assets at ₹6,344.16 lakh, decreasing from ₹6,610.84 lakh. Cash and cash equivalents declined to ₹23.19 lakh from ₹33.41 lakh. Total equity decreased to ₹6,537.36 lakh from ₹6,789.56 lakh, while total liabilities reduced to ₹33.64 lakh from ₹36.36 lakh.
Corporate Actions and Compliance
The board has fixed July 15, 2026, as the date for the Annual General Meeting. The register of members and share transfer books will remain closed from July 9, 2026, to July 15, 2026, both days inclusive. The results were reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on May 4, 2026, as per Regulation 30 of the SEBI (LODR) Regulations, 2015. The company's statutory auditors, V.P. Aditya & Co., Chartered Accountants, have issued an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. The full format of the financial results is available on the BSE India website.
Historical Stock Returns for Key Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.00% | -13.06% | +20.77% | -17.24% | -62.84% | +423.44% |
What strategic measures is Key Corp Limited's management planning to implement to recover from the ₹232.76 lakh fair value loss and restore profitability in FY27?
Given the heavy dependence on fair value gains for revenue generation, is Key Corp Limited considering diversifying its income streams to reduce portfolio volatility risks?
With total assets declining and cash equivalents dropping to ₹23.19 lakh, how will Key Corp Limited manage its liquidity position if investment portfolio losses continue into FY27?





























