Univa Foods Limited reported a net loss of ₹12.86 lakh for the financial year ended March 31, 2026, narrowing significantly from the ₹20.84 lakh loss recorded in FY25. The company generated revenue from operations of ₹15 lakh, up from nil in the previous fiscal year, driven by the initiation of trading activities during the period.

The improvement in profitability was offset by a rise in total expenses to ₹27.72 lakh from ₹22.84 lakh in FY25. Other income dropped to nil from ₹2 lakh in the prior year, while tax expenses remained flat at zero. The company did not declare any dividend for FY26.

What the Numbers Show

The company's balance sheet reflects increased leverage alongside its operational restart. Non-current borrowings rose to ₹103.49 lakh from ₹71.84 lakh in the prior year, primarily funded by loans from related parties and inter-corporate deposits. Despite the revenue generation, cash and cash equivalents stood at just ₹4.44 lakh, indicating tight liquidity management as the firm explores sustainable business opportunities.

Key Financial Metrics

Corporate Governance Updates

The company has convened its 35th Annual General Meeting for September 26, 2026, to be held via video conferencing. Shareholders will vote on several special resolutions regarding board composition:

• Re-appointment of Mr. Deepak Babulal Kharwad as a Director liable to retire by rotation.
• Appointment of Mr. Pravin Chauhan as a Director and Managing Director for a five-year term effective March 11, 2026.
• Appointment of Mr. Jignesh Keshav Barot and Ms. Rinku Saini as Non-Executive Independent Directors for five-year terms.

Mr. Chauhan, who previously served as Chief Financial Officer, will assume the role of Managing Director without remuneration at present. The Board highlighted its focus on improving operational efficiency and strengthening its financial position amidst evolving market conditions.

Univa Foods Limited reported a net loss of ₹4.61 lakh for the quarter ended June 30, 2026 (Q1FY26), as the company recorded zero revenue from operations. The loss represents a significant improvement from the ₹24.47 lakh net loss reported in the corresponding quarter of the previous year (Q1FY25), although the absence of operational income highlights continued dormancy in core business activities. The Board of Directors approved the unaudited standalone financial results during its meeting held on August 11, 2026, in Mumbai.

The company’s total expenses for the quarter stood at ₹4.61 lakh, comprising annual listing fees of ₹3.00 lakh, a sundry balance write-off of ₹0.57 lakh, employee benefit expenses of ₹0.72 lakh, professional fees of ₹0.17 lakh, and advertisement expenses of ₹0.13 lakh. Notably, the listing fees were lower than the ₹6.90 lakh paid in Q1FY25, contributing to the narrower loss profile despite the lack of revenue generation.

Financial Performance Snapshot

The company had reported revenue of ₹15.00 lakh in the preceding quarter (Q4FY25), resulting in a net profit of ₹12.80 lakh. However, this operational activity ceased in Q1FY26, leading to the current period’s loss. The basic earnings per share (EPS) declined to ₹-0.0322 from ₹0.0894 in Q4FY25, reversing the positive momentum seen in the earlier part of the fiscal year.

What the Numbers Show

The divergence between the significant reduction in absolute loss (from ₹24.47 lakh to ₹4.61 lakh) and the complete absence of revenue underscores a shift in cost structure rather than operational recovery. In Q1FY25, the loss was largely driven by ₹15.71 lakh in 'other expenses,' which have been eliminated in the current quarter. This suggests that while core business operations remain inactive, the company has successfully managed or reduced non-operational overheads that previously burdened its finances. The persistence of listing fees and professional costs indicates ongoing compliance obligations despite the lack of commercial activity.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. B. M. Gattani & Co., the Statutory Auditors of the company, issued a limited review report pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditors stated that nothing came to their attention to cause them to believe that the statement did not disclose the information required or contained any material misstatement. Univa Foods Limited has no subsidiaries, associates, or joint ventures, and segment reporting is not applicable.