Utique Enterprises Limited reported a net profit of ₹188.39 lakh for the financial year ended March 31, 2026, a significant increase from ₹49.37 lakh in the prior year. The company recorded revenue from operations of ₹5,299.18 lakh for FY26, down from ₹10,182.96 lakh in FY25. The board of directors approved the audited financial results at a meeting held on May 28, 2026.

The statutory auditor, Chaturvedi & Shah LLP, issued an unmodified opinion on the audited financial results. The report confirms that the statement presents a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards. The auditor noted that the results for the quarter ended March 31, 2026, are balancing figures derived from the audited full-year figures and the reviewed year-to-date figures up to the third quarter.

Total income for FY26 stood at ₹5,855.19 lakh, compared to ₹10,561.63 lakh in the previous year. Total expenses decreased to ₹5,575.77 lakh from ₹10,259.08 lakh in FY25. The profit before tax for the year was ₹279.42 lakh, while the tax expense was recorded at ₹91.03 lakh. The company’s paid-up equity share capital remained constant at ₹5,567.01 lakh with a face value of ₹10 per share.

Financial Performance

The company’s earnings per share (EPS) for the year improved to ₹0.34 from ₹0.09 in the previous year. For the quarter ended March 31, 2026, the company reported a net loss of ₹246.34 lakh, compared to a loss of ₹89.31 lakh in the same quarter of the previous year. Revenue from operations for the quarter was nil, while other income was negative at ₹242.03 lakh.

Balance Sheet Highlights

The total assets of the company as of March 31, 2026, were ₹7,407.46 lakh, a slight increase from ₹7,121.48 lakh in the previous year. Non-current assets decreased significantly to ₹417.30 lakh from ₹1,619.64 lakh, primarily due to a reduction in investments. Current assets rose to ₹6,990.16 lakh from ₹5,501.84 lakh, driven by current investments which stood at ₹5,825.98 lakh.

Total equity increased to ₹7,192.18 lakh from ₹6,994.06 lakh. Non-current liabilities were recorded at ₹114.66 lakh, while current liabilities stood at ₹100.62 lakh. The company’s cash and cash equivalents decreased to ₹89.97 lakh at the end of FY26 from ₹1,136.29 lakh at the end of FY25.

Utique Enterprises has submitted an application to BSE Limited seeking the reclassification of two promoters from the Promoter Group Category to the Public Category. The application, filed on August 22, 2025, was made in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has requested the stock exchange to record this submission to formalize the change in shareholding status.

Reclassification Details

The application specifically targets the reclassification of Honcho Trading Private Limited and Chivas Trading Private Limited. Both entities are currently listed as promoters but hold no equity shares in the company as of the date of the application.

Regulatory Compliance

The intimation was addressed to the Listing Compliance department of BSE Limited in Mumbai. By moving these entities to the Public Category, Utique Enterprises aims to align its promoter structure with the current shareholding pattern and comply with the necessary disclosure norms mandated by the market regulator.