Margo Finance exempt from related party disclosures for FY26

1 min read     Updated on 27 May 2026, 07:15 PM
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Anirudha BScanX News Team
AI Summary

Margo Finance Limited has informed BSE that it is exempt from disclosing related party transactions for FY26 due to its paid-up capital and net worth falling below SEBI-mandated thresholds. A net worth certificate confirms the company's net worth was ₹11.03 crore and capital ₹4.57 crore as of March 31, 2025.

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Margo Finance Limited is exempt from disclosing related party transactions for the financial year ended March 31, 2026, as its financial metrics remain below the thresholds specified by the market regulator. The company informed BSE Limited that Regulation 23(9) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, does not apply to it. This exemption is claimed under Regulation 15(2) of the Listing Regulations, which provides relief from corporate governance provisions for listed entities with smaller capital bases.

The disclosure confirms that as of March 31, 2025, the paid-up equity share capital of Margo Finance Limited stood at ₹4.57 crore, while its net worth was ₹11.03 crore. These figures are significantly lower than the regulatory limits of ₹10 crore for paid-up equity share capital and ₹25 crore for net worth. Since the company does not exceed these limits on the last day of the previous financial year, the requirements for related party transaction disclosures are not triggered.

Net Worth Certification

A net worth certificate issued by AVK & Associates, Chartered Accountants, validates the company's financial position for the preceding three financial years. The certification, based on audited financial statements, details the components contributing to the total net worth. The figures exclude Other Comprehensive Income, as it is not created out of profit and therefore not considered in the net worth calculation.

Net Worth Breakdown (Amount in Lacs)

Particulars FY 24-25 FY 23-24 FY 22-23
Equity Share Capital 457.00 457.00 457.00
General Reserve 12.49 12.49 12.49
Special Reserve 159.38 101.58 80.87
Retained Earnings 440.08 208.88 126.02
Share Warrant Option Premium 33.80 33.80 33.80
Total Net worth 1102.75 813.75 710.18

The certificate, signed by Partner Kamal Garg on July 31, 2025, confirms that the total net worth for FY 24-25 was ₹1102.75 lakh, equivalent to ₹11.03 crore. This figure aligns with the company's declaration to the stock exchange. The steady growth in retained earnings and special reserves over the three-year period contributed to the increase in net worth from ₹710.18 lakh in FY 22-23.

Historical Stock Returns for Margo Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.68%-1.67%-12.10%-18.92%-23.96%+524.10%

At what rate of growth will Margo Finance's net worth approach the ₹25 crore threshold, potentially triggering mandatory disclosures?

How might the exemption from related party transaction disclosures impact investor confidence and corporate governance perceptions?

What strategic initiatives are driving the steady increase in retained earnings and special reserves over the past three years?

Margo Finance FY26 net profit rises 209% to ₹107.14 lakh

1 min read     Updated on 27 May 2026, 05:54 PM
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Naman SScanX News Team
AI Summary

Margo Finance reported a 209% increase in net profit to ₹107.14 lakh for FY26, with revenue from operations rising to ₹196.22 lakh. The company turned profitable in Q4FY26 with a net profit of ₹70.92 lakh compared to a loss in the previous year. The audited results were approved by the Board on May 27, 2026.

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Margo Finance reported a net profit of ₹107.14 lakh for the financial year ended March 31, 2026, a significant increase from ₹34.63 lakh in the previous year. The company’s revenue from operations for FY26 stood at ₹196.22 lakh, compared to ₹135.44 lakh in FY25. The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026.

Financial Performance

The company’s profit for the quarter ended March 31, 2026, was ₹70.92 lakh, a turnaround from a loss of ₹20.79 lakh in the same quarter of the previous year. Total income for the quarter rose to ₹107.58 lakh from ₹10.87 lakh in the corresponding period last year. The basic earnings per share (EPS) for FY26 increased to ₹2.34 from ₹0.76 in the previous year.

Key Metrics

The following table summarizes the financial performance for the quarter and year ended March 31, 2026:

Particulars Quarter ended 31/03/2026 (Audited) Year ended 31/03/2026 (Audited)
Total Revenue from operations ₹107.48 lakh ₹196.22 lakh
Total Expenses ₹9.79 lakh ₹37.82 lakh
Profit before tax ₹97.79 lakh ₹158.50 lakh
Profit after tax ₹70.92 lakh ₹107.14 lakh

Regulatory Disclosures

The results were reviewed by the Audit Committee and approved by the Board. M/s. Pawan Shubham & Co., Statutory Auditors, issued an unmodified opinion on the audited standalone financial results. The company’s trading window, closed since April 1, 2026, will reopen 48 hours after the declaration of the results.

Historical Stock Returns for Margo Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.68%-1.67%-12.10%-18.92%-23.96%+524.10%

What strategic initiatives drove the significant revenue growth and profit turnaround in Q4 FY26?

Can Margo Finance sustain this high profit margin given the low expense base reported for the year?

Does the company plan to declare any dividends given the substantial increase in earnings per share?

More News on Margo Finance

1 Year Returns:-23.96%