Sunshine Capital publishes audited financial results for FY26

1 min read     Updated on 25 May 2026, 11:47 PM
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Naman SScanX News Team
AI Summary

Sunshine Capital Limited published its audited financial results for the quarter and year ended March 31, 2026, in newspapers on May 25, 2026. The company reported a total income of ₹534.08 lakh and a net profit of ₹2,932.88 lakh for the full year, while recording a net loss of ₹6.16 lakh in the fourth quarter. The Board approved the results on May 23, 2026.

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Sunshine Capital Limited has submitted the extract of the newspaper publication of its audited financial results for the quarter and financial year ended March 31, 2026, to BSE Limited. The results were published in English Daily Open Search and Hindi Daily Open Search on May 25, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Board of Directors had previously approved these results at a meeting held on May 23, 2026.

Financial Performance

For the financial year ended March 31, 2026, Sunshine Capital Limited reported a total income from operations of ₹534.08 lakh. The net profit for the period after tax stood at ₹2,932.88 lakh on a standalone basis. In the quarter ended March 31, 2026, the company recorded a total income of ₹97.44 lakh and a net loss after tax of ₹6.16 lakh. The paid-up equity share capital remained constant at ₹52,291.72 lakh throughout the period.

Key Financial Metrics

The following table outlines the audited financial results for Sunshine Capital Limited for the quarter and year ended March 31, 2026:

Particulars Standalone Quarter Ended 31.03.2026 (₹ in lacs) Standalone Year Ended 31.03.2026 (₹ in lacs)
Total income from operation 97.44 534.08
Net Profit / Loss for the period before tax and exception items 24.52 2,999.39
Net Profit/ Loss for the period after tax (after exception items) (6.16) 2,932.88
Paid up equity share capital 52,291.72 52,291.72
Earning per share after exception item Basic & Diluted (0.00) 0.06

Regulatory Compliance

The audit committee reviewed the financial results, which were subsequently approved by the Board of Directors. The statutory auditor's report, issued by VRSK & Associates, Chartered Accountants, contains an unmodified opinion. The company confirmed that Regulation 32 of the SEBI (LODR) Regulations, 2015, regarding deviations in the use of proceeds, is not applicable as no shares were issued via public, rights, or preferential issues during the period. The submission was made by Surendra Kumar Jain, Managing Director of Sunshine Capital Limited.

What strategies will Sunshine Capital implement to reverse the quarterly net loss and sustain profitability?

How does the company plan to utilize its substantial paid-up equity share capital to drive future growth?

Will the company announce any dividend distribution or capital restructuring given the full-year profitability?

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Sunshine Capital discloses RPTs for Q4FY26

1 min read     Updated on 23 May 2026, 08:55 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Sunshine Capital Limited disclosed related party transactions for Q4FY26, revealing loans given to Babita Jain and Virendra Jain. The company reported outstanding balances of Rs 302624069 and Rs 134271838 respectively.

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Sunshine Capital Limited has disclosed its related party transactions for the quarter and financial year ended March 31, 2026. The submission, made to BSE Limited on May 23, 2026, complies with Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The disclosure details financial transactions involving the company and specific related parties. According to the filing, the company provided loans to two individuals connected to the Managing Director. The transactions were reviewed and approved by the audit committee.

Transaction Details

The primary transactions reported involve loans given to Babita Jain and Virendra Jain. Both individuals are identified as relatives of the Managing Director. The company reported that no monies were due from these parties at the end of the reporting period, resulting in a nil closing balance for the transactions undertaken during the quarter.

Financial Breakdown

The following table outlines the key financial figures related to these transactions as of the reporting period:

S. No Name of Related Party Relationship Type of Transaction Value of Transaction (Rs) Opening Balance (Rs) Closing Balance (Rs)
1. Babita Jain Relative of MD Loan Given 302624069 214454069 Nil
2. Virendra Jain Brother of MD Loan Given 134271838 101904550 Nil

The disclosure confirms that the company did not incur any financial indebtedness to facilitate these loans. The filing was signed by Surendra Kumar Jain, Managing Director of Sunshine Capital Limited.

How might SEBI's increased scrutiny of related party transactions impact Sunshine Capital's future lending practices to MD-connected individuals?

Given the significant loan volumes to MD relatives with nil closing balances, what repayment mechanisms or collateral arrangements could regulators require the company to disclose going forward?

Could the pattern of recurring loans to the same related parties trigger a formal audit or regulatory review by SEBI or BSE in upcoming quarters?

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