Megamont turns profitable with ₹621.70 lakh consolidated net profit in FY26

1 min read     Updated on 29 May 2026, 01:15 AM
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AI Summary

Megamont Limited reported a consolidated net profit of ₹621.70 lakh for FY26, reversing the previous year's loss of ₹13.12 lakh, with revenue from operations reaching ₹60,117.74 lakh. The board approved the audited results on May 28, 2026, while the standalone entity reported a net loss of ₹90.49 lakh. Corporate actions included the preferential allotment of equity shares and share warrants, and the acquisition of two wholly owned subsidiaries.

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Megamont Limited reported a consolidated net profit of ₹621.70 lakh for the financial year ended March 31, 2026, reversing a net loss of ₹13.12 lakh in the previous year. The turnaround was driven by the consolidation of its subsidiaries, Parent Mont International Private Limited and Nidimo Mont Private Limited, which contributed to total revenue from operations of ₹60,117.74 lakh compared to nil in the previous year. The board of directors approved the audited standalone and consolidated financial results during a meeting held on May 28, 2026.

The statutory auditors, M/s. K P N & Co., issued an unmodified opinion on the standalone financial results. On a standalone basis, the company reported a net loss of ₹90.49 lakh for FY26, widening from a net loss of ₹13.12 lakh in the previous year. The standalone results reflect the company's status prior to the consolidation of its subsidiaries. The company changed its name from V R Woodart Limited to Megamont Limited effective February 6, 2026.

Financial Performance

The table below summarizes the key financial metrics for the consolidated entity for the year ended March 31, 2026:

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 60,117.74 -
Total Income 60,691.18 -
Total Expenses 59,866.41 13.12
Net Profit for the Year 621.70 (13.12)
Basic Earnings Per Share (EPS) 3.000 (0.090)

Corporate Developments

During the quarter, the company allotted 1,39,90,000 equity shares of face value ₹10 each at an issue price of ₹22 per share on a preferential basis. Additionally, the company issued 44,80,000 compulsorily convertible share warrants at an issue price of ₹22 per warrant. The company also acquired 100% of the equity share capital of Parent Mont International Private Limited and Nidimo Mont Private Limited, which became wholly owned subsidiaries. The intimation was addressed to BSE Limited and signed by Minal Patil, Whole-time Director.

Historical Stock Returns for Megamont

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-14.20%+2.45%+192.83%+574.48%+2,674.34%

How does Megamont Limited plan to utilize the recent capital raised through preferential allotments and convertible warrants?

What strategies will be implemented to reduce the standalone net loss and align it with the consolidated entity's profitability?

Are there any plans for further acquisitions or expansion following the consolidation of Parent Mont and Nidimo Mont?

Megamont Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 15 Apr 2026, 12:11 PM
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Megamont Limited has submitted its Q4FY26 compliance certificate under SEBI Regulation 74(5) to BSE Limited on April 10, 2026. The certificate, issued by registrar MUFG Intime India Private Limited on April 3, 2026, confirms proper handling of dematerialisation procedures during the quarter ended March 31, 2026. The filing validates that all securities were processed within prescribed timelines and verification procedures were followed, demonstrating the company's adherence to SEBI depositories regulations.

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Megamont Limited (formerly known as V.R.Woodart Limited) has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the mandatory certificate on April 10, 2026, as required under Regulation 74(5) of SEBI regulations. The filing was signed by Minal Gaurav Patil, Whole-Time Director, confirming the company's adherence to prescribed depositories procedures.

Filing Details: Information
Filing Date: April 10, 2026
Quarter Covered: Q4FY26 (ended March 31, 2026)
Regulation: SEBI Regulation 74(5)
Signatory: Minal Gaurav Patil, Whole-Time Director

Registrar Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's registrar and share transfer agent, issued the confirmation certificate dated April 3, 2026. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.

The registrar confirmed that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed. The certificate validates that securities were confirmed or rejected to depositories within prescribed timelines and that proper verification procedures were followed.

Compliance Confirmations

The registrar's certificate confirms several key compliance aspects:

  • Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
  • Security certificates received were mutilated and cancelled after due verification by depository participants
  • Names of depositories were substituted in the register of members as registered owners
  • All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed

Regulatory Distribution

The compliance certificate was distributed to relevant regulatory bodies and depositories, including BSE Limited, National Securities Depository Limited, and Central Depositories Services (India) Limited, ensuring comprehensive regulatory transparency.

This quarterly filing demonstrates Megamont Limited's commitment to maintaining regulatory compliance and transparency in its share transfer and dematerialisation processes as mandated by SEBI regulations.

Historical Stock Returns for Megamont

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-14.20%+2.45%+192.83%+574.48%+2,674.34%

What strategic initiatives might Megamont Limited pursue following its recent name change from V.R.Woodart Limited?

How could potential changes in SEBI's depositories regulations impact Megamont's compliance costs in future quarters?

Will Megamont Limited consider switching registrar services as MUFG Intime India continues integrating operations post-acquisition of Link Intime?

More News on V R Woodart

1 Year Returns:+574.48%