Risa International narrows FY26 net loss to ₹145.11 lakh
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


























