Kinetic Trust Limited has submitted its integrated filing of audited financial results for the quarter and year ended March 31, 2026, to BSE Limited pursuant to SEBI and stock exchange circulars. The filing was made on May 1, 2026, by Rajesh Arora, Director of the company. The statutory auditors, M/s Sunita Agrawal & Co., Chartered Accountants, have issued an audit report with an unmodified opinion on the standalone financial statements for the financial year ended March 31, 2026.

The company's financial performance for FY26 shows total revenue of INR 175.17 lakhs, an increase from INR 118.24 lakhs in the previous year. Revenue from operations for the year stood at INR 175.12 lakhs, while other income contributed INR 0.05 lakhs. Total expenses for FY26 amounted to INR 154.24 lakhs, compared to INR 93.79 lakhs in FY25. The company reported a profit before tax of INR 20.93 lakhs for the year, with net profit after tax at INR 14.76 lakhs, lower than the INR 18.21 lakhs recorded in the previous year.

For the quarter ended March 31, 2026, the company recorded revenue from operations of INR 62.28 lakhs and reported a net loss of INR 1.32 lakhs. In comparison, the same quarter in the previous year had shown revenue of INR 112.85 lakhs and a net profit of INR 29.13 lakhs. Basic and diluted earnings per equity share for the quarter stood at negative INR 0.04, compared to positive INR 0.87 in the corresponding period of the previous year.

Balance Sheet Position

The balance sheet as of March 31, 2026, reveals total assets of INR 3,670.94 lakhs, a significant increase from INR 2,039.19 lakhs in the previous year. The asset composition shows loans at INR 3,474.43 lakhs, cash and cash equivalents at INR 68.11 lakhs, and investments at INR 80.00 lakhs. On the liabilities side, borrowings stood at INR 2,859.58 lakhs, while equity share capital remained unchanged at INR 336.00 lakhs.

Regulatory Compliance and Observations

The auditors noted in their report that the company, registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India, has Net Owned Funds (NOF) of INR 4.16 crores as of March 31, 2026. The company is unable to maintain the required minimum NOF of INR 5 crores due to an ongoing takeover process, which restricts its ability to increase share capital. This fact has been communicated to both RBI and SEBI. The company has not accepted any public deposits and has complied with prudential norms relating to income recognition, asset classification, and provisioning.

The cash flow statement for FY26 shows net cash inflow from operating activities of INR 407.43 lakhs, compared to INR 26.79 lakhs in the previous year. Net cash used in investing activities was INR 1,669.26 lakhs, primarily due to an increase in loans of INR 1,669.26 lakhs. Financing activities generated net cash inflow of INR 1,329.54 lakhs from increased borrowings. The company ended the year with cash and cash equivalents of INR 68.11 lakhs, up from INR 0.41 lakhs at the beginning of the year.

Kinetic Trust Limited has appointed Mr. Sumit Kumar Jha (DIN: 10547500) as an Additional Independent Director, effective from May 1, 2026. The appointment was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The company filed the regulatory intimation with BSE Limited on May 1, 2026, providing comprehensive details about the new director's appointment. The appointment is effective from the close of business hours on May 1, 2026.

Director Profile

Mr. Sumit Kumar Jha brings significant expertise to the board as a qualified Company Secretary from the Institute of Company Secretaries of India. According to the regulatory filing, he is described as "a multidisciplinary professional having a firm grasp over Companies Act as well as SEBI (LODR) regulations along with other allied and corporate laws."

The company has confirmed that Mr. Jha is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any other regulatory authority, as required under BSE Circular No. LIST/COMP/14/2018-19.

Regulatory Compliance

The appointment was communicated to BSE Limited's Listing Department at Phiroze Jeejeebhoy Towers, Mumbai, in accordance with regulatory requirements. The filing was digitally signed by Rajesh Arora, Director of the company (DIN: 00662396), on May 1, 2026.

The appointment is subject to approval by shareholders at the ensuing Annual General Meeting, with the term extending up to five years from the date of appointment. This strategic addition to the board reflects the company's commitment to strengthening its governance structure with experienced professionals.