Khandwala Securities FY26 net loss widens to Rs 127.03 lakh

Khandwala Securities Limited has announced its audited financial results for the quarter and fiscal year ended March 31, 2026. The board of directors approved the results during a meeting held on May 21, 2026. For the fiscal year 2026, the company reported a net loss of Rs 127.03 lakh, compared to a net loss of Rs 79.92 lakh in the previous year. Revenue from operations for the year stood at Rs 789.44 lakh, down from Rs 953.93 lakh in FY25.

The standalone financial results for the quarter ended March 31, 2026, show a net loss of Rs 43.99 lakh. Revenue from operations for the quarter was Rs 229.93 lakh. Total expenses for the quarter amounted to Rs 318.63 lakh. The company's paid-up equity share capital remained constant at Rs 1,525.38 lakh.

Financial Performance

Metric	FY26 (Rs in lakhs)	FY25 (Rs in lakhs)
Revenue from Operations	789.44	953.93
Total Income	935.63	1,512.96
Total Expenses	1,064.07	1,490.38
Net Profit/(Loss)	(127.03)	(79.92)
Earnings Per Share (Basic)	(0.83)	(0.52)

The board also approved the re-appointment of M/s. Savina & Pooja, Chartered Accountants, as the internal auditor of the company for the financial year 2026-2027. The auditors, Pravesh Agarwal & Associates, issued a qualified opinion on the standalone and consolidated financial results. The qualifications relate to the recoverability of share application money of Rs 216.69 lakh outstanding for 288 months and long-term deposits of Rs 350.00 lakh for which no provision has been made.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.88%	+4.94%	+9.78%	-17.90%	-21.30%	-3.63%

Khandwala Securities Limited has submitted a regulatory disclosure to stock exchanges confirming its non-applicability under specific SEBI circular requirements for debt securities fund raising by large entities. The disclosure was filed with both BSE Limited and National Stock Exchange of India Limited on April 9, 2026.

Regulatory Compliance Disclosure

The company has confirmed that it does not fall under the category of 'Large Corporates' as per the applicable framework provided in SEBI circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, as amended, read with SEBI Circular No. SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars specifically address fund raising by issuance of debt securities by large entities.

Parameter	Details
Filing Date	April 9, 2026
Circular Reference	SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021
Amendment Reference	SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 dated October 19, 2023
Subject Matter	Fund Raising by Issuance of Debt Securities by Large Entities
Company Status	Does not fall under 'Large Corporates' category

Disclosure Requirements

Since Khandwala Securities Limited does not meet the criteria for large corporates under the applicable SEBI framework, the company has confirmed that disclosure in Annexure A is not required. This exempts the company from specific reporting obligations that would otherwise apply to entities classified as large corporates under the regulatory framework.

Company Authorization

The disclosure was authorized and signed by Abhishek Joshi, who serves as the Company Secretary & Compliance Officer for Khandwala Securities Limited. The filing includes the official company seal and was submitted to both major stock exchanges where the company's securities are listed.

This regulatory filing ensures compliance with SEBI's disclosure requirements while clarifying the company's status under the specific circular provisions related to debt securities fund raising by large entities.