Mefcom Capital Markets reports FY26 net loss of ₹223.30 lakh
Mefcom Capital Markets reported a consolidated net loss of ₹223.30 lakh for FY26, with revenue dropping to ₹11,368.72 lakh from ₹22,055.29 lakh in the previous year. The company filed a revised Auditor's Report to comply with SEBI regulations, confirming no changes to the financial results. The Trading segment incurred a loss, while Merchant Banking remained profitable.

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Mefcom Capital Markets reported a consolidated net loss of ₹223.30 lakh for the financial year ended March 31, 2026, widening from a net loss of ₹211.19 lakh in the previous year. Revenue from operations fell significantly to ₹11,368.72 lakh in FY26 from ₹22,055.29 lakh in FY25. The company's Board of Directors approved these results at a meeting held on May 27, 2026.
The company submitted a revised filing to the BSE on July 10, 2026, to address a discrepancy regarding the format of the Auditor's Report accompanying the Consolidated Financial Results. The exchange had observed that the report did not comply with SEBI Circular No. CIR/CFD/CMD1/80/2019 dated July 19, 2019, as the list of entities included in the Consolidated Financial Statements was omitted. Mefcom Capital Markets clarified that the omission was inadvertent and clerical, and the revised submission includes the prescribed disclosure without any alteration to the financial figures.
The audited consolidated financial results include the financials of one subsidiary, Mefcom Securities Limited. The subsidiary reported total assets of ₹466.67 lakh, total revenue of ₹39.77 lakh for the quarter and ₹512.84 lakh for the year, and a net loss of ₹15.43 lakh for the quarter and ₹38.16 lakh for the year ended March 31, 2026. Satya Prakash Garg & Co., the statutory auditors, confirmed that there were no changes to the financial results approved by the Board.
Financial Performance
The total income for the year stood at ₹11,413.60 lakh, a sharp decrease from ₹22,087.33 lakh in the prior year. Total expenses for FY26 were ₹11,636.90 lakh, compared to ₹22,301.32 lakh in FY25. The company reported a basic and diluted earnings per share (EPS) of (₹0.46) for FY26, compared to (₹0.52) in the previous year.
| Metric | FY26 (₹ in lakh) | FY25 (₹ in lakh) |
|---|---|---|
| Revenue from operations | 11,368.72 | 22,055.29 |
| Total Income | 11,413.60 | 22,087.33 |
| Total Expenses | 11,636.90 | 22,301.32 |
| Net Profit/(Loss) for the period | (223.30) | (211.19) |
| Basic EPS | (0.46) | (0.52) |
Segment Results
The company operates primarily through two segments: Trading in Shares & Securities and Merchant Banking Service. The Trading in Shares & Securities segment generated revenue of ₹10,690.13 lakh but reported a segment loss of ₹169.46 lakh for the year. The Merchant Banking Service segment reported revenue of ₹678.68 lakh and a segment profit of ₹206.88 lakh.
| Segment | Revenue FY26 (₹ in lakh) | Profit/(Loss) FY26 (₹ in lakh) |
|---|---|---|
| Trading in Shares & Securities | 10,690.13 | (169.46) |
| Merchant Banking Service | 678.68 | 206.88 |
| Total | 11,368.80 | 37.42 |
The auditors confirmed that the company has adequate internal financial controls over financial reporting, which were operating effectively as of March 31, 2026. The report also noted that the company did not accept any deposits during the year and had not raised any money through public offers or debt instruments.
Historical Stock Returns for Mefcom Capital Markets
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.96% | +3.91% | -11.79% | -24.00% | -29.81% | +363.30% |
What strategic initiatives will the company implement to reverse the nearly 50% decline in revenue from operations?
Will the company restructure or discontinue the loss-making Trading in Shares & Securities segment to focus on the profitable Merchant Banking division?
Does the company plan to raise capital through debt or equity to stabilize operations given the lack of public deposits or debt instruments?





























