Stanrose Mafatlal Q1 Results: Net loss widens 52% YoY to ₹90.81 lakh

Stanrose Mafatlal Investments & Finance reported a widening net loss for the first quarter of FY27, despite a significant surge in operational income. The Ahmedabad-based investment and finance firm posted a standalone net loss of ₹90.81 lakh for the quarter ended June 30, 2026, compared to a loss of ₹59.80 lakh in the corresponding period of FY26. Consolidated figures mirrored this trend, with a net loss of ₹90.89 lakh versus ₹59.79 lakh previously.

Total income from operations more than tripled year-on-year, rising to ₹73.01 lakh from ₹22.19 lakh in Q1FY26. This indicates increased activity or realization of income sources during the current quarter. However, the operating expenses and other charges outweighed this revenue growth, leading to a pre-tax loss of ₹88.46 lakh before exceptional items.

Financial Performance Overview

The financial results for the quarter ended June 30, 2026, highlight a divergence between top-line growth and bottom-line profitability. While revenue generation improved substantially, the cost structure or specific non-operating losses expanded at a faster rate.

Metric:	Q1FY27 (Standalone)	Q1FY26 (Standalone)	Change
Total Income From Operation:	₹73.01 lakh	₹22.19 lakh	+229%
Net Loss (Before Tax):	₹88.46 lakh	₹56.30 lakh	-57%
Net Loss (After Tax):	₹90.81 lakh	₹59.80 lakh	-52%
EPS (Basic):	₹(2.29)	₹(1.51)	-52%

Consolidated results showed similar dynamics, with total income reaching ₹73.17 lakh and a net loss after tax of ₹90.89 lakh. The basic earnings per share (EPS) stood at a loss of ₹2.29 per equity share of face value ₹10 each, deteriorating from a loss of ₹1.51 in the previous year’s quarter.

What the Numbers Show

A critical observation from the filing is the stark contrast between the net loss and the total comprehensive income, which registered a positive figure of ₹383.17 lakh for the standalone entity. In the prior year’s quarter, comprehensive income was only ₹21.65 lakh. Since the net loss after tax was ₹90.81 lakh, the positive comprehensive income implies that other comprehensive income (OCI) items contributed significantly—approximately ₹473.98 lakh—to offset the operational losses. This suggests that the improvement in the overall equity value or comprehensive performance is driven by non-realized gains or revaluation adjustments rather than core operational profitability. For the full year ended March 31, 2026, the company had reported a comprehensive income loss of ₹1,103.76 lakh, indicating a potential reversal or positive movement in OCI components in the current quarter.

Balance Sheet Position

As of the end of the quarter, the company’s equity share capital remained unchanged at ₹396.79 lakh. Reserves, excluding revaluation reserves as per the audited balance sheet of the previous financial year, were not disclosed for the current quarter but stood at ₹2,598.76 lakh as of March 31, 2026. The consolidated reserves were ₹2,644.96 lakh at the end of FY26.

The results were submitted pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The unaudited financial results were published in the Financial Express on August 11, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.35%	+4.65%	+10.14%	+8.04%	+7.31%	-19.17%

Stanrose Mafatlal Investments and Finance Limited held its 46th Annual General Meeting (AGM) on July 14, 2026, through video conferencing. Shareholders approved the audited financial statements for the financial year ended March 31, 2026, and re-appointed Shri Dhansukh H. Parekh, who retired by rotation, as a Director. The meeting also authorized the continuation of his directorship beyond the age of 75 years and approved alterations to the Main Object Clause of the Memorandum of Association.

The voting results were disclosed pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A total of 61 shareholders attended the meeting through video conferencing, comprising 8 from the Promoter and Promoter Group and 53 from the Public. The remote e-voting period was open from July 11, 2026, to July 13, 2026.

Resolutions Passed

All six resolutions placed before the shareholders were passed with the requisite majority. The adoption of the standalone and consolidated financial statements received 2,030,021 votes in favour, representing 100% of the votes polled. The re-appointment of Shri Dhansukh H. Parekh as Director was also approved with 2,030,021 votes in favour.

Sr. No.	Resolution Type	Subject	Votes In Favour	Votes Against
1	Ordinary	Adoption of Audited Financial Statements FY26	2,030,021	0
2	Ordinary	Re-appointment of Shri Dhansukh H. Parekh	2,030,021	0
3	Ordinary	Payment of Commission to Non-Executive Directors	2,030,017	4
4	Ordinary	Renewal of agreements with Shanudeep Private Limited	108,796	0
5	Special	Continuation of Shri Dhansukh H. Parekh's directorship	2,030,017	4
6	Special	Alteration to Main Object Clause	2,030,021	0

Related Party Transactions

The resolution regarding the renewal of the Leave & Licence Agreement and Facility & Service Agreement with Shanudeep Private Limited, a related party, was passed via ordinary resolution. As per Regulation 23(4) of the SEBI (LODR) Regulations, 2015, related parties were excluded from voting on this item. The resolution received 108,796 votes in favour from public shareholders, constituting 100% of the valid votes cast for this specific item.

The scrutinizer for the e-voting process was CS Manoj Rajaram Hurkat, a Practising Company Secretary. The report was submitted by Soham Arun Dave, Company Secretary & Compliance Officer of the Company.