Nutricircle FY26 profit rises, auditor issues qualified opinion

1 min read     Updated on 26 May 2026, 10:57 PM
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Nutricircle Limited reported a net profit of ₹29.94 lakh for FY26, up from ₹12.09 lakh in FY25, with revenue rising to ₹1,775.05 lakh. The statutory auditors issued a qualified opinion regarding an unverified unsecured loan of ₹50 lakh.

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Nutricircle Limited reported a net profit of ₹29.94 lakh for the financial year ended March 31, 2026, an increase from ₹12.09 lakh in the previous year. The company's revenue from operations for FY26 stood at ₹1,775.05 lakh, compared to ₹270.48 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹2.49 lakh on revenue from operations of ₹486.76 lakh. The board approved the audited financial results at a meeting held on May 26, 2026, at the registered office in Hyderabad.

Financial Performance

The total income for FY26 rose to ₹1,776.61 lakh from ₹271.04 lakh in the prior year. Total expenses for the year increased to ₹1,746.19 lakh. The company's earnings per share (EPS) for FY26 was ₹0.30, compared to ₹0.36 in the previous year. The paid-up equity share capital increased to ₹1,110 lakh from ₹1,000 lakh, following the conversion of 11,00,000 share warrants into equity shares on February 13, 2026, for a total consideration of ₹1,10,00,000.

Metric FY26 (₹ Lakh) FY25 (₹ Lakh)
Revenue from Operations 1,775.05 270.48
Total Income 1,776.61 271.04
Total Expenses 1,746.19 258.94
Net Profit 29.94 12.09
EPS (Basic) 0.30 0.36

Auditor's Report and Governance

M/s N S V R & Associates LLP, the statutory auditors, issued a qualified opinion on the financial results. The qualification arose because the company could not provide a balance confirmation or alternative evidence for an unsecured loan of ₹50 lakh outstanding from Mr. K. Veersham. Consequently, the auditors were unable to verify the completeness and accuracy of this loan balance. Additionally, the board appointed M/s Manas Dash & Co., Chartered Accountants, as the internal auditor for the financial year 2026-27, effective May 26, 2026, to comply with the Companies Act, 2013 and SEBI regulations.

Asset Position

As of March 31, 2026, the company's total assets were valued at ₹822.78 lakh, up from ₹671.79 lakh in the previous year. Non-current assets increased to ₹7.53 lakh, while current assets stood at ₹815.25 lakh. Trade receivables rose significantly to ₹80.15 lakh from ₹17.90 lakh in FY25. Cash and cash equivalents decreased to ₹2.40 lakh from ₹138.80 lakh, primarily due to operating and investing activities.

How will the company address the auditor's qualified opinion regarding the unsecured loan from Mr. K. Veersham?

What strategies will Nutricircle implement to improve cash flow given the sharp decline in cash and cash equivalents?

Will the significant increase in trade receivables impact the company's liquidity position in the upcoming fiscal year?

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Nutricircle Limited Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026

1 min read     Updated on 06 Apr 2026, 06:59 PM
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Nutricircle Limited filed its quarterly compliance certificate with BSE Limited under SEBI regulations for the quarter ended March 31, 2026. The certificate from registrar Bigshare Services Private Limited confirms no dematerialization requests were received during January-March 2026. Managing Director Hitesh Mohanlal Patel submitted the filing on April 6, 2026, with copies distributed to NSDL and CDSL as required.

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Nutricircle Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter and year ended March 31, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate on April 6, 2026, through Managing Director Hitesh Mohanlal Patel (DIN: 02080625). The submission was addressed to BSE Limited's General Manager, Listing Department, referencing the company's scrip code 530219.

Filing Details: Information
Filing Date: April 6, 2026
Reporting Period: Quarter and Year ended March 31, 2026
Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Scrip Code: 530219
Signatory: Hitesh Mohanlal Patel, Managing Director

Certificate Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated April 4, 2026. The certificate specifically confirms that no dematerialization requests for equity shares were received during the period from January 1, 2026 to March 31, 2026.

The certification references multiple regulatory circulars:

  • NSDL/CIR/II/5/2019 dated January 25, 2019
  • CDSL/OPS/RTA/POLICY/2019/14 dated January 25, 2019
  • SEBI letter ref no. MRD/DOP2/DSA2/OW/2019/2498/1 dated January 24, 2019

Company Information

Nutricircle Limited, formerly known as Shreeyash Industries Limited, operates from its registered office in Hyderabad, Telangana. The company maintains its corporate identification number as L18100TG1993PLC015901.

Corporate Details: Information
Former Name: Shreeyash Industries Limited
CIN: L18100TG1993PLC015901
Registered Office: Hyderabad, Telangana
Website: www.nutricircle.in

Regulatory Distribution

The compliance certificate was distributed to key regulatory bodies as required. Copies were forwarded to National Securities Depository Limited at their Mumbai office in Trade World, Kamala Mills Compound, and to Central Depository Services (India) Ltd. at Marathon Futurex, Lower Parel, Mumbai.

This quarterly filing demonstrates the company's adherence to SEBI's regulatory framework governing depositories and participants, ensuring transparency in share transfer and dematerialization processes.

What factors might explain the absence of dematerialization requests during Q1 2026, and could this indicate low investor interest or trading activity?

How might Nutricircle's business transformation from Shreeyash Industries Limited impact its future market positioning and investor appeal?

Will the company's consistent regulatory compliance help attract institutional investors or improve its credit rating in upcoming quarters?

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