Sobhagya Mercantile FY26 net profit rises to ₹2,203.87 lakh

1 min read     Updated on 01 Jun 2026, 10:27 PM
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Ashish TScanX News Team
AI Summary

Sobhagya Mercantile reported audited standalone financial results for FY26, showing a total income from operations of ₹23,250.41 lakh and a net profit of ₹2,203.87 lakh. A subsequent corrigendum filed on 1 June 2026 corrected the paid-up equity share capital to ₹974.85 lakh and clarified investments in optionally-convertible debentures (OCDs). Q4 revenue increased to ₹8,149.51 lakh, though net profit declined year-on-year to ₹567.19 lakh.

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Sobhagya Mercantile reported its audited standalone financial results for the quarter and year ended 31 March 2026, with a corrigendum filed on 1 June 2026 correcting specific disclosures. The company achieved a total income from operations of ₹23,250.41 lakh for FY26, while net profit after tax stood at ₹2,203.87 lakh. The results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 29 May 2026.

Financial Performance for FY26

For the full year ended 31 March 2026, Sobhagya Mercantile recorded a total income from operations of ₹23,250.41 lakh. Net profit for the period was ₹2,203.87 lakh, with earnings per share (EPS) of ₹10 each recorded at 30.93. The paid-up equity share capital was corrected to ₹974.85 lakh in the corrigendum. Reserves, excluding revaluation reserves, grew to ₹18,309.60 lakh as of 31 March 2026.

Q4 Performance

In the quarter ended 31 March 2026, the company reported a total income from operations of ₹8,149.51 lakh, compared to ₹5,662.81 lakh in the corresponding quarter of the previous year. Net profit after tax for Q4 FY26 was ₹567.19 lakh, down from ₹757.60 lakh in the same period last year. EPS for the quarter was 7.88.

The following table summarizes the key financial metrics for the quarter and year ended 31 March 2026:

Metric Quarter Ended 31.03.2026 (₹ in Lakhs) Quarter Ended 31.03.2025 (₹ in Lakhs) Year Ended 31.03.2026 (₹ in Lakhs)
Total Income from Operations 8,149.51 5,662.81 23,250.41
Net Profit after Tax 567.19 757.60 2,203.87
EPS (Basic) 7.88 10.58 30.93

Key Disclosures

The corrigendum addressed an inadvertent typographical error regarding the paid-up equity share capital, which should be read as ₹974.85 lakh. Additionally, the notes forming part of the financial results were updated to reflect that the company invested in optionally-convertible debentures (OCDs) rather than non-convertible debentures (NCDs). The company issued and allotted 13,48,500 convertible warrants into equity shares during the year. The audited results were filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Sobhagya Mercantile

1 Day5 Days1 Month6 Months1 Year5 Years
-3.22%-6.22%-7.02%-6.62%+89.11%+76,463.06%

What factors contributed to the decline in Q4 net profit despite a significant year-over-year increase in operational income?

How will the conversion of the 13,48,500 warrants and the investment in optionally-convertible debentures impact the company's equity dilution and future debt obligations?

What strategic initiatives is the company pursuing to sustain the strong full-year revenue growth into the next fiscal year?

Sobhagya Mercantile to consider Q4FY26 results on May 29

1 min read     Updated on 22 May 2026, 10:36 PM
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Shriram SScanX News Team
AI Summary

Sobhagya Mercantile Limited will hold a board meeting on May 29, 2026, to approve audited standalone financial results for Q4 and FY26. The board will also appoint M/s Ashish Mittal & Associates as internal auditors for FY27. The trading window remains closed until 48 hours after the results declaration.

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sobhagya mercantile has announced that its board meeting is scheduled to be held on Friday, May 29, 2026. The meeting will be conducted pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The board will consider and approve the audited standalone financial results along with the auditors' report for the quarter and year ended March 31, 2026. In addition to the financial results, the directors will discuss the appointment of statutory auditors.

Internal Auditor Appointment

The board proposes to appoint M/s Ashish Mittal & Associates, Chartered Accountants, as the internal auditors of the company for the financial year 2026-27. This appointment is subject to the approval of the board.

Trading Window Closure

As per a previous notification dated March 27, 2026, the trading window for dealing in the securities of the company has been closed since April 1, 2026. The window will remain closed until 48 hours after the declaration of the audited financial results for the quarter and year ended March 31, 2026. This restriction applies to directors, key managerial personnel, promoters, promoter group members, connected persons, designated persons, and their immediate relatives.

The company has informed the BSE Limited regarding the scheduled meeting and the agenda items for necessary record-keeping.

Historical Stock Returns for Sobhagya Mercantile

1 Day5 Days1 Month6 Months1 Year5 Years
-3.22%-6.22%-7.02%-6.62%+89.11%+76,463.06%

How might Sobhagya Mercantile's audited financial results for FY2026 reflect the company's growth trajectory compared to previous fiscal years?

What strategic implications could the appointment of M/s Ashish Mittal & Associates as internal auditors have on the company's financial governance and compliance framework going forward?

Following the board meeting on May 29, 2026, how quickly could the trading window reopening trigger significant movement in Sobhagya Mercantile's stock price on BSE?

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1 Year Returns:+89.11%