Magnum Ventures reports FY26 loss, approves NCDs
Magnum Ventures Limited reported a consolidated net loss of ₹1,137.86 lakh for FY26, a reversal from the net profit of ₹949.58 lakh in FY25, while total income from operations increased to ₹46,679.59 lakh. The Board approved the issuance of NCDs aggregating ₹50 crore with an 18% coupon rate. Auditors noted outstanding confirmations for debtors and creditors, a ₹300 lakh deposit with Bank of Baroda, and a ₹12 lakh SEBI penalty under appeal.

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Magnum Ventures Limited reported a consolidated net loss of ₹1,137.86 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹949.58 lakh in the previous year. Total income from operations for the year rose to ₹46,679.59 lakh from ₹39,725.55 lakh in FY25. The company's Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 27, 2026.
Financial Performance
For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹532.01 lakh. Total income from operations for the quarter stood at ₹12,969.42 lakh. On a standalone basis, the company reported a net loss of ₹1,137.39 lakh for the full year FY26, compared to a net profit of ₹949.58 lakh in the previous year. The standalone net profit for the quarter was ₹532.49 lakh.
| Metric | FY26 (₹ in Lacs) | FY25 (₹ in Lacs) |
|---|---|---|
| Total Income from Operations (Consolidated) | 46,679.59 | 39,725.55 |
| Net Profit / (Loss) (Consolidated) | (1,137.86) | 949.58 |
| Total Income from Operations (Standalone) | 46,679.59 | 39,725.55 |
| Net Profit / (Loss) (Standalone) | (1,137.39) | 949.58 |
Corporate Approvals
The Board approved the issuance of up to 5,000 listed, rated, secured, redeemable, non-convertible debentures (NCDs) of face value ₹1,00,000 each, aggregating up to ₹50 crore. The NCDs carry a coupon rate of 18% per annum and are proposed to be listed on the National Stock Exchange of India Limited (NSE) and BSE Limited. The issuance is on a private placement basis to Neo Special Credit Opportunities Fund, with a maturity date of March 31, 2031.
Auditor's Observations
The statutory auditors noted that the balance of debtors, creditors, and advances as at March 31, 2026, is subject to confirmation and reconciliation. Additionally, the company made deposits of ₹300 lakh with Bank of Baroda to cover expenses for the withdrawal of cases filed by the bank against the company. The auditors also highlighted a penalty of ₹12 lakh imposed by SEBI, which has been deposited and is currently under appeal with the Securities Appellate Tribunal, adjourned to July 7, 2026.
Historical Stock Returns for Magnum Ventures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.80% | +0.92% | -1.84% | -13.81% | -24.32% | +208.76% |
What specific factors drove the swing from a net profit to a net loss despite the increase in total income from operations?
How will the company utilize the ₹50 crore raised from the high-cost 18% NCD issuance to improve its financial position?
What is the expected timeline for reconciling the unconfirmed balances of debtors, creditors, and advances noted by the auditors?

































