Simplex Realty reports net loss of ₹360.64 lakh in FY26

1 min read     Updated on 22 May 2026, 12:25 PM
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AI Summary

Simplex Realty Limited reported a net loss of ₹360.64 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹131.64 lakh in the previous year. Revenue from operations increased to ₹1,290.32 lakh from ₹479.53 lakh in the prior year. The Board of Directors approved the audited financial results on May 20, 2026, and appointed two additional directors, subject to shareholder approval.

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Simplex Realty Limited has reported its audited financial results for the financial year ended March 31, 2026, recording a net loss of ₹360.64 lakh compared to a net profit of ₹131.64 lakh in the previous year. For the quarter ended March 31, 2026, the net loss stood at ₹187.61 lakh. Revenue from operations for the full year increased to ₹1,290.32 lakh, up from ₹479.53 lakh in the prior year, while total income rose to ₹1,577.18 lakh. Total expenses for the year were ₹1,624.54 lakh, impacting the bottom line. The company reported a basic and diluted earnings per share (EPS) of (₹12.06) for the year, compared to ₹4.40 in the previous year.

Financial Performance

The detailed financial results for the quarter and year ended March 31, 2026, are outlined below:

Particulars Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Revenue from operations 1,290.32 479.53
Other income 286.86 780.44
Total income 1,577.18 1,259.97
Total expenses 1,624.54 1,100.48
Profit/(Loss) for the period (360.64) 131.64

Board Decisions and Appointments

The Board of Directors approved the audited financial results during its meeting on May 20, 2026. Khandelwal and Mehta LLP, the statutory auditors, issued an unmodified opinion on the standalone and consolidated financial results. The auditors highlighted an emphasis of matter regarding the fully eroded net worth of Simplex Papers Limited, an associate company, though its financial statements were prepared on a going concern basis.

In addition to the financial results, the board approved the appointment of two new directors. Ms. Geeta Prabhakaran was appointed as an Additional Director in the category of Non-Executive Director, and Smt. Sita Sunil was appointed as an Additional Director in the category of Independent Director. Both appointments are subject to the approval of shareholders at the ensuing Annual General Meeting.

Corporate Actions

The company announced that its 113th Annual General Meeting will be held on Wednesday, August 5, 2026. The meeting will be conducted through a permissible mode. The necessary disclosures regarding the new director appointments, as required under SEBI regulations, have been enclosed with the regulatory filing.

Historical Stock Returns for Simplex Realty

1 Day5 Days1 Month6 Months1 Year5 Years
-3.56%-9.60%-11.40%-18.73%-28.16%+177.39%

How will Simplex Realty's management plan to reverse the net worth erosion of its associate company Simplex Papers Limited, and what impact could a potential insolvency have on Simplex Realty's balance sheet?

Given that total expenses exceeded total income by ₹47.36 lakh despite a 169% surge in revenue from operations, what cost optimization strategies is the company likely to implement in FY2027 to return to profitability?

With other income dropping sharply from ₹780.44 lakh to ₹286.86 lakh year-over-year, what non-operational revenue streams is Simplex Realty at risk of losing, and how sustainable is its core operational revenue growth?

Simplex Realty Board Meeting Scheduled on May 20, 2026 to Approve FY26 Annual Financial Results

0 min read     Updated on 11 May 2026, 11:09 PM
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Simplex Realty Limited has intimated BSE Limited of a Board of Directors meeting to be held on May 20, 2026, under Regulation 29 of SEBI (LODR) Regulations, 2015. The board will consider and approve the Annual Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The intimation was filed on May 11, 2026, and signed by Company Secretary and Compliance Officer Pooja Bagwe.

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Simplex Realty Limited has notified BSE Limited of an upcoming Board of Directors meeting, pursuant to Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. The intimation, dated May 11, 2026, was submitted by Company Secretary and Compliance Officer Pooja Bagwe.

Board Meeting Details

The meeting has been scheduled for Wednesday, May 20, 2026. The key agenda item for the meeting is outlined below:

Parameter: Details
Meeting Date: Wednesday, May 20, 2026
Regulatory Provision: Regulation 29 of SEBI (LODR) Regulations, 2015
Agenda: Consider and approve Annual Audited Standalone and Consolidated Financial Results
Period Under Review: Quarter and financial year ended March 31, 2026
Intimation Date: May 11, 2026

Regulatory Compliance

The intimation has been filed in compliance with the applicable SEBI listing regulations. The notice was signed digitally by Pooja Bagwe, Company Secretary and Compliance Officer (Membership No. A 33353), on May 11, 2026. Simplex Realty Limited is registered with the Corporate Identification Number (CIN) L17110MH1912PLC000351, with its registered office located at 30, Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Mahalaxmi (E), Mumbai – 400011.

Historical Stock Returns for Simplex Realty

1 Day5 Days1 Month6 Months1 Year5 Years
-3.56%-9.60%-11.40%-18.73%-28.16%+177.39%

How might Simplex Realty's FY2026 annual financial results compare to the previous year, given the broader real estate market trends in Mumbai?

Will the board consider announcing any dividend payouts or capital allocation changes alongside the approval of the FY2026 audited results?

How could Simplex Realty's financial performance reflect the impact of rising construction costs and interest rate fluctuations on Mumbai's real estate sector?

More News on Simplex Realty

1 Year Returns:-28.16%