MFS Intercorp turns profitable in Q4FY26, revenue rises

MFS Intercorp Limited returned to profitability in the fourth quarter of FY26, reporting a net profit of ₹19.15 lakh compared to a net loss of ₹1.40 lakh in the corresponding quarter of the previous year. This turnaround was driven by a significant increase in revenue from operations, which rose to ₹25.57 lakh from ₹7.05 lakh in Q4FY25. For the full financial year, the company narrowed its net loss to ₹2.36 lakh from ₹0.79 lakh in FY25, while total revenue increased to ₹39.13 lakh from ₹29.37 lakh.

The Board of Directors at its meeting held on May 26, 2026, approved the audited standalone financial results for the quarter and year ended March 31, 2026. The results were prepared under Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee. Statutory Auditors M/s H. G. Sarvaiya & Co. issued an unmodified opinion on the financial results.

Financial Performance

The company's profitability in Q4FY26 was supported by controlled expenses, which totaled ₹6.42 lakh for the quarter, down from ₹8.45 lakh in the prior year. Earnings per equity share (basic) for Q4FY26 was recorded at ₹0.44, compared to a negative ₹0.03 in the previous year. Total income for the year stood at ₹39.13 lakh, with other income contributing ₹0.17 lakh.

Metric	Q4FY26 (₹ Lakh)	Q4FY25 (₹ Lakh)	FY26 (₹ Lakh)	FY25 (₹ Lakh)
Revenue from Operations	25.57	7.05	38.96	29.37
Total Income	25.57	7.05	39.13	29.37
Total Expenses	6.42	8.45	41.49	30.16
Net Profit / (Loss)	19.15	(1.40)	(2.36)	(0.79)
EPS (Basic)	0.44	(0.03)	(0.05)	(0.02)

Capital Allocation and Compliance

During FY26, the company allotted 1,01,50,000 convertible warrants on a preferential basis at an issue price of ₹15 per warrant, aggregating to ₹15,22,50,000. The Board noted the certificate on the utilization of these preferential issue proceeds. The Board of Directors has not recommended any dividend for the financial year 2025-26.

In compliance with SEBI (Prohibition of Insider Trading) Regulations, the trading window for designated persons remained closed from April 1, 2026, until 48 hours after the declaration of financial results. The meeting commenced at 02:00 P.M. and concluded at 2:55 P.M. on May 26, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	+2.44%	+6.50%	+7.56%	+60.84%

MFS Intercorp Ltd has notified BSE Limited that it will not be submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026, citing regulatory exemptions available to smaller listed entities.

Regulatory Exemption Details

The company has claimed exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation provides relief to listed entities meeting specific financial criteria regarding compliance with various corporate governance provisions.

Parameter	Threshold Limit
Paid-up Equity Share Capital	Not exceeding Rs 10 crores
Net Worth	Not exceeding Rs 25 crores
Assessment Date	Last day of previous financial year

Scope of Exemption

Under the claimed exemption, MFS Intercorp Ltd is relieved from compliance with multiple SEBI regulations. The exemption covers provisions specified in regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27, and specific clauses of regulation 46, along with Para C, D and E of Schedule V.

The Annual Secretarial Compliance Report requirement under Regulation 24A, which was introduced through SEBI Circular CIR/CFD/CMD1/27/2019 dated February 8, 2019, falls within this exempted scope.

Communication to Exchange

The notification was sent to BSE Limited on April 8, 2026, signed by Kiran Vishwakarma, Whole Time Director of the company. The communication referenced the company's scrip code 513721 and cited relevant SEBI circulars and BSE notifications that establish the reporting requirements and available exemptions.

The company has requested BSE to acknowledge this exemption claim and take note of its non-applicability status for the Annual Secretarial Compliance Report submission.