Risa International narrows FY26 net loss to ₹145.11 lakh

2 min read     Updated on 04 Jun 2026, 04:41 PM
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Risa International reported a narrowed net loss of ₹145.11 lakh for FY26, down from ₹900.22 lakh in the previous year, despite recording zero revenue. The reduction in loss was primarily due to a decrease in total expenses to ₹99.68 lakh, although finance costs rose. The board approved the re-appointment of Abhinandan Jain as Whole-time Director and appointed an internal auditor. The company's equity remained negative at ₹509.77 lakh, with borrowings increasing to ₹1,013.19 lakh.

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Risa International reported a net loss of ₹145.11 lakh for the financial year ended March 31, 2026, a significant reduction from the net loss of ₹900.22 lakh in the previous year. The company recorded zero revenue from operations and other income for the quarter and year, while total expenses for the year stood at ₹99.68 lakh, compared to ₹900.22 lakh in FY25. The board of directors, in their meeting held on May 29, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The statutory auditors issued an unmodified opinion on the results. The company has also published these audited financial results in newspapers, Active Time and Pratahkal, on June 3, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board approved the re-appointment of Abhinandan Jain as Whole-time Director for a period of three years effective from August 25, 2026, to August 24, 2029, subject to shareholder approval. Additionally, the board appointed M/s Abhishek R Jain & Co., Chartered Accountant, as the internal auditor for the financial year 2026-27. The meeting also included a review of the company's business operations.

Financial Performance for FY26

The company's financial statements highlighted a reduction in losses driven by lower expenses. Finance costs for the year increased to ₹64.24 lakh from ₹15.77 lakh in the prior year, while employee benefit expenses decreased to ₹10.49 lakh from ₹11.75 lakh. The board did not recommend any dividend for the financial year 2025-26.

Particulars Year Ended 31.03.2026 (Audited) Year Ended 31.03.2025 (Audited)
Net Profit / (Loss) (145.11) (900.22)
Total Income - -
Total Expenses 99.68 900.22
Finance Cost 64.24 15.77
Employee Benefit Expense 10.49 11.75
Basic EPS (₹ 2/- each) (0.09) (0.56)

Segment Results and Capital Employed

Segment-wise results indicated that both trading and real estate segments reported no revenue for the year ended March 31, 2026. Total segment expenses for the trading segment were ₹35.44 lakh, down from ₹884.45 lakh in the previous year. The capital employed in the trading segment was negative at ₹1,222.02 lakh, while the real estate segment capital employed stood at ₹712.25 lakh.

Particulars Year Ended 31.03.2026 Year Ended 31.03.2025
Net Sales / Income from Operations - -
Total Segment Expenses 35.44 884.45
Total Capital Employed (509.77) (364.67)

Assets and Liabilities

The company's total assets decreased to ₹712.36 lakh as of March 31, 2026, from ₹721.01 lakh in the previous year. Total equity stood at a negative ₹509.77 lakh, widening from the negative ₹364.67 lakh reported last year. Current liabilities increased significantly to ₹1,031.23 lakh, driven by a rise in borrowings to ₹1,013.19 lakh compared to ₹207.81 lakh in the prior year.

Historical Stock Returns for Risa International

1 Day5 Days1 Month6 Months1 Year5 Years
+1.96%0.0%+1.96%-23.53%-39.53%+57.58%

How does Risa International plan to address the significant increase in finance costs given the surge in borrowings?

What strategic initiatives will the company undertake to restart revenue generation in both the trading and real estate segments?

With total equity remaining deeply negative, what are the management's plans to improve the capital structure and solvency?

RISA INTERNATIONAL LTD Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 07 Apr 2026, 08:20 PM
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RISA INTERNATIONAL LTD submitted its quarterly compliance certificate under SEBI Regulation 74(5) for Q4FY26 ended March 31, 2026, to the Bombay Stock Exchange. The certificate, issued by registrar Purva Shareregistry (I) Pvt Ltd, confirms proper processing of dematerialisation requests and adherence to prescribed timelines for security certificate handling and member register updates.

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RISA INTERNATIONAL LTD has fulfilled its quarterly regulatory obligations by submitting a compliance certificate under SEBI regulations to the Bombay Stock Exchange. The submission, dated April 4, 2026, pertains to the quarter ended March 31, 2026, demonstrating the company's adherence to depositories and participants regulations.

Regulatory Compliance Submission

The company submitted its certificate in compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The submission was made to the Corporate Relationship Department of Bombay Stock Exchange Ltd, with the company trading under BSE Scrip Code 530251.

Parameter: Details
Submission Date: April 4, 2026
Quarter Ended: March 31, 2026
Certificate Date: April 1, 2026
BSE Scrip Code: 530251
Signatory: Abhinandan Jain, Whole-time Director
DIN: 03199953

Registrar Confirmation

Purva Shareregistry (I) Pvt Ltd, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 1, 2026. The registrar operates under SEBI Registration Number INR000001112 as a Category 1 Registrar for IPOs and Share Transfer Agent.

Dematerialisation Process Compliance

The certificate confirms that all securities received from depository participants for dematerialisation during the quarter ended March 2026 were properly processed. The registrar verified that:

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

Corporate Governance

The submission was authorised by Abhinandan Jain, Whole-time Director of RISA INTERNATIONAL LTD, bearing DIN 03199953. Ms. Deepali Gaonkar, serving as Compliance Officer at Purva Shareregistry (India) Pvt Ltd, signed the confirmation certificate on behalf of the registrar.

This quarterly compliance submission reflects the company's commitment to maintaining transparency and adhering to SEBI regulations governing depositories and participant operations.

Historical Stock Returns for Risa International

1 Day5 Days1 Month6 Months1 Year5 Years
+1.96%0.0%+1.96%-23.53%-39.53%+57.58%

Will RISA International's consistent regulatory compliance improve its ESG ratings and attract institutional investors in upcoming quarters?

How might potential changes to SEBI's depositories regulations in 2026-27 impact RISA International's compliance costs and operational procedures?

Could RISA International's strong governance practices position it favorably for any planned expansions or strategic partnerships this fiscal year?

More News on Risa International

1 Year Returns:-39.53%