Samtel reported a net profit of ₹5.90 lakh for the financial year ended March 31, 2026, reversing a net loss of ₹10.48 lakh in the previous year. The company’s equity shares were relisted on the Bombay Stock Exchange (BSE) effective December 24, 2025, after clearing pending dues.

The 44th Annual General Meeting is scheduled for September 30, 2026, to approve the audited financial statements and the reappointment of Satish K Kaura as Managing Director.

Financial Performance

Total income for FY26 stood at ₹34.76 lakh, up from ₹15.13 lakh in FY25. This growth was primarily driven by other income, which rose to ₹27.06 lakh from ₹14.63 lakh. Revenue from operations increased modestly to ₹7.70 lakh from ₹0.50 lakh.

What the Numbers Show

The turnaround in profitability was not driven by core operational margins but by non-operational items. Other income constituted approximately 78% of total revenue, indicating a heavy reliance on non-recurring gains rather than sustainable business activity. Furthermore, the company incurred a pre-tax loss of ₹45.72 lakh before deferred tax adjustments contributed significantly to the bottom-line profit.

Balance Sheet & Liquidity

Current assets decreased to ₹394.31 lakh from ₹458.40 lakh. Cash and bank balances improved to ₹22.08 lakh from ₹5.97 lakh. The company reduced its current liabilities to ₹202.93 lakh from ₹272.92 lakh, resulting in a current ratio improvement to 1.94 from 1.68.

Unsecured borrowings were fully repaid, bringing outstanding debt to nil as of March 31, 2026, compared to ₹8.31 lakh in the prior year.

Corporate Governance

The Board proposes the reappointment of Satish K Kaura as Managing Director for five years, without remuneration, effective November 9, 2026. Mrs. Alka Kaura retires by rotation and seeks reappointment as a director.

The company has no manufacturing operations since 2003-04 but is exploring opportunities in electronic displays for the railway sector.

Samtel India Limited reported a standalone net loss of ₹4.81 lakh for the quarter ended June 30, 2026 (Q1FY26), marking a significant reduction from the net loss of ₹58.00 lakh recorded in the same period of the previous fiscal year. The company’s basic earnings per share (EPS) stood at a loss of ₹0.007, compared to a loss of ₹0.082 per share in Q1FY25.

The firm generated no revenue from operations during the quarter, continuing its shift towards trading activities in electronic items as disclosed in its notes. Total income for the period was nil, while total expenses amounted to ₹4.81 lakh. This expenditure was primarily composed of other expenses of ₹3.66 lakh and finance costs of ₹0.52 lakh. Employee benefit expenses remained stable at ₹0.63 lakh.

Balance Sheet And Cash Flow Signals

As of June 30, 2026, Samtel India’s total assets stood at ₹379.25 lakh, a decline from ₹394.31 lakh as of March 31, 2026. The company held no non-current assets, with its entire asset base classified as current assets. Cash and cash equivalents decreased to ₹11.71 lakh from ₹22.08 lakh in the preceding quarter, reflecting an operating cash outflow of ₹10.36 lakh during the period.

Notably, trade receivables dropped to zero from ₹9.09 lakh in the previous quarter, indicating full collection or write-off of outstanding dues. Similarly, trade payables reduced to ₹1.41 lakh from ₹9.26 lakh. Equity attributable to owners of the company decreased slightly to ₹186.57 lakh from ₹191.38 lakh.

What The Numbers Show

The financial results highlight a distinct divergence between the company’s operational activity and its balance sheet composition. While the company reports no revenue from operations and minimal current expenses, its balance sheet is dominated by "Other Current Assets" valued at ₹367.54 lakh, which constitutes approximately 97% of total assets. This suggests that the company’s primary value lies in non-operational holdings or long-term deposits rather than active trading inventory or receivables, aligning with its disclosure of preparing accounts on a "Going Concern Basis" due to limited trading activity.

Corporate Developments

The Board of Directors approved the unaudited financial results in a meeting held on August 12, 2026. The statutory auditor, M/s R. Sharma & Associates, issued a limited review report with an unmodified opinion. The report draws attention to the company’s preparation of financials on a going concern basis, citing legal approvals for trading in electronic items.

Additionally, the board reappointed Satish K Kaura as Managing Director without remuneration for five years until November 8, 2031. Vinod Goyal of M/s Vinod Goyal & Associates was appointed as Secretarial Auditor for five years from April 1, 2026. The company’s equity shares continue to be traded in the trade-to-trade segment on the BSE, effective from December 24, 2025.