Tree House Education & Accessories Ltd confirmed that its promoters and Persons Acting in Concert (PACs) did not encumber any shares held in the company during the financial year ended March 31, 2026. This disclosure ensures that the shareholding of the key stakeholders remains free from charges or liens, providing stability to the company's ownership structure. The confirmation was submitted to the stock exchanges in compliance with regulatory requirements.

The disclosure was made pursuant to Regulation 31(4) read with Regulation 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company stated that it received the annual disclosure from the promoters and PACs for the specified financial year. The filing was addressed to BSE Ltd, National Stock Exchange of India Ltd, and Metropolitan Stock Exchange Ltd.

Rajesh Doulatram Bhatia, a promoter of tree house education , signed the declaration on behalf of the promoters and PACs. The document confirmed that no encumbrance was made directly or indirectly on the shares held by them during the period under review. A copy of the declaration was also marked to the Audit Committee of the company.

The company's Company Secretary and Compliance Officer, Raksha Mahesh Jain, submitted the disclosure to the exchanges. The communication included the scrip code 533540 and the trading symbol TREEHOUSE. The filing was dated April 02, 2026.

Key Details of the Disclosure

Tree House Education & Accessories Limited disclosed its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, following a Board of Directors meeting held on May 15, 2026. The results were reviewed by the audit committee and approved by the Board, with statutory auditor M/s Rakesh Soni & Co., Chartered Accountants, issuing an unmodified audit opinion on both the standalone and consolidated financial statements.

Standalone Financial Performance

On a standalone basis, the company reported a significant contraction in revenue and continued to record losses, though the net loss narrowed considerably compared to the prior year. Revenue from operations fell to ₹399.10 lakhs in FY26 from ₹714.50 lakhs in FY25. Total income, including other income of ₹23.86 lakhs, stood at ₹422.96 lakhs for FY26, against ₹797.47 lakhs in FY25. Total expenses rose sharply to ₹1,804.42 lakhs in FY26 from ₹1,111.25 lakhs in FY25, driven primarily by other expenses of ₹1,233.66 lakhs and depreciation & amortisation of ₹177.00 lakhs.

The following table summarises the standalone profit and loss performance:

Other comprehensive income for FY26 included an actuarial gain of ₹401.52 lakhs and a related deferred tax charge of ₹(104.40) lakhs, resulting in total other comprehensive income of ₹297.13 lakhs. After accounting for this, the loss after comprehensive income stood at ₹(699.79) lakhs for FY26, compared to ₹(1,718.86) lakhs in FY25.

Consolidated Financial Performance

The consolidated results for FY26 were broadly in line with the standalone figures. Consolidated revenue from operations was ₹399.10 lakhs, with total income of ₹422.96 lakhs. Total consolidated expenses were ₹1,804.42 lakhs, yielding a loss before tax of ₹(1,381.46) lakhs. The consolidated net loss after tax for FY26 was ₹(1,006.72) lakhs, compared to ₹(1,728.37) lakhs in FY25. After including the share of net profit from associates and joint ventures of ₹9.80 lakhs, the consolidated loss for the year was ₹(996.92) lakhs, against ₹(1,718.97) lakhs in FY25.

The consolidated group includes associate M/s JT Infra Private Limited (50% holding), M/s Aaviv Tutorials LLP (51% investment in capital), and M/s Aaviv Tutorials partnership firm (51% investment in capital). The group's share of net profit from M/s Aaviv Tutorials LLP was Rs. 6.16 lakhs and from M/s Aaviv Tutorials partnership firm was Rs. 3.64 lakhs for the year ended March 31, 2026.

Balance Sheet Highlights

As at March 31, 2026, standalone total assets stood at ₹19,141.60 lakhs, compared to ₹19,305.47 lakhs as at March 31, 2025. Equity share capital remained unchanged at ₹4,231.07 lakhs. Other equity declined to ₹13,839.98 lakhs from ₹14,539.77 lakhs. Total liabilities increased to ₹1,070.54 lakhs from ₹534.63 lakhs, largely due to new lease liabilities of ₹600.46 lakhs under non-current liabilities. Cash and cash equivalents improved to ₹1.86 lakhs from ₹0.17 lakhs. Trade receivables declined to ₹1,018.21 lakhs from ₹2,119.12 lakhs.

Key Notes and Legal Matters

The company operates within a single primary business segment of "Educational Services." Several significant matters were disclosed alongside the financial results:

• Security Deposit – Mira Education Trust: The company has provided a refundable security deposit of Rs.136.18 crores to Mira Education Trust under a Facilitation Service Agreement dated March 1, 2012. The total agreed deposit was Rs. 143 Cr, to be refunded within five years. The company has received Rs. 17.90 Crores towards refunds till March 31, 2026. Following a repayment schedule letter dated February 25, 2026 from the Trust, the company has provided for an expected credit loss of Rs.8.76 crores for the year ended March 31, 2026 as per Ind AS 109.
• Security Deposit – Vidya Bharti Samiti: Based on an order from the Hon. Sole Arbitrator, the company has provided for Expected Credit Loss @ 8% on a security deposit of Rs.29 crores to be refunded on a phased basis over 30 years starting from FY2025-26.
• Bad Debts: Provision for bad debts of Rs.1.21 crores created in earlier years has been transferred to bad debts during the financial year as there are no recoveries.
• Forensic Audit: An ongoing forensic audit by the Economic Offence Wing of Mumbai Police covers the period from FY2011-12 to FY2017-18. The company is defending and pursuing legal cases on various forums.
• Vadodara Legal Matter: An FIR was filed on February 26, 2025 against the company, its Managing Director, Directors and KMPs by the Vadodara Detection of Crime Branch. Two independent directors were arrested on March 2, 2025 and subsequently released on bail on March 10, 2025. The Gujarat High Court, by its order dated March 20, 2025, granted interim relief restraining police authorities from taking coercive action and directed that no charge sheet be filed without prior permission of the High Court. The company continues to pursue legal options in this matter.
• Borrowings: The company reported NIL outstanding qualified borrowings at both the start and end of FY26, with no incremental borrowings or debt securities issued during the year.

The paid-up equity share capital of the company stands at ₹4,231.00 lakhs (face value Rs.10 per share), with reserves excluding revaluation reserves at ₹14,480.19 lakhs on a standalone basis as at March 31, 2026.