Asit C. Mehta Financial Services Reports Quarterly Loss, Board Approves Unaudited Results

2 min read     Updated on 12 Nov 2025, 07:35 AM
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Shriram SScanX News Team
Overview

Asit C. Mehta Financial Services Limited (ACMFSL) reported a standalone loss after tax of ₹67.59 lakhs for Q2 FY2026, compared to a loss of ₹57.65 lakhs in Q2 FY2025. Total income increased to ₹202.05 lakhs from ₹181.59 lakhs year-over-year. On a consolidated basis, the company posted a profit after tax of ₹156.81 lakhs in Q2 FY2026, reversing a loss of ₹33.06 lakhs in the same quarter last year. Consolidated revenue from operations rose significantly to ₹2,167.04 lakhs from ₹1,480.71 lakhs. The company's segment-wise revenue for H1 FY2026 was led by Stock Broking and Allied Services at ₹3,131.73 lakhs.

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*this image is generated using AI for illustrative purposes only.

Asit C. Mehta Financial Services Limited (ACMFSL) has reported a standalone loss after tax for the quarter ended September 30, 2025, as approved by the company's Board of Directors. The financial results, which include both standalone and consolidated figures, were reviewed and approved at a board meeting held on November 11, 2025.

Key Financial Highlights

The unaudited standalone financial results for the quarter and half-year ended September 30, 2025, reveal the following:

Particulars (₹ in Lakhs) Q2 FY2026 Q2 FY2025 H1 FY2026 H1 FY2025
Revenue from Operations 122.79 114.57 245.56 228.69
Other Income 79.26 67.02 192.11 96.30
Total Income 202.05 181.59 437.67 324.99
Total Expenses 269.64 239.24 516.81 432.95
Loss Before Tax (67.59) (57.65) (79.14) (107.96)
Loss After Tax (67.59) (57.65) (79.14) (108.03)

Consolidated Performance

On a consolidated basis, ACMFSL and its subsidiaries reported:

Particulars (₹ in Lakhs) Q2 FY2026 Q2 FY2025 H1 FY2026 H1 FY2025
Revenue from Operations 2,167.04 1,480.71 3,291.23 2,776.72
Total Income 2,294.03 1,635.73 3,572.68 3,055.39
Total Expenses 2,139.68 1,680.92 3,662.78 3,298.34
Profit/(Loss) Before Tax 154.35 (45.19) (90.10) (242.95)
Profit/(Loss) After Tax 156.81 (33.06) (83.19) (224.61)

Segment-wise Performance

The company's segment-wise revenue for the half-year ended September 30, 2025, shows:

  • Stock Broking and Allied Services: ₹3,131.73 lakhs
  • Investment Activities: ₹96.87 lakhs
  • Information Technology Enabled Services: ₹10.44 lakhs
  • Wealth Management: ₹52.19 lakhs

Board Meeting Details

The Board meeting commenced at 4:45 p.m. and concluded at 5:35 p.m. on November 11, 2025. The company has stated that it will publish these financial results in English and Marathi newspapers as per regulatory requirements.

Auditor's Review

Manek & Associates, Chartered Accountants, conducted a limited review of the financial statements. The auditors stated that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Investors and stakeholders should note that these are unaudited results and may be subject to changes upon audit. The company's consolidated revenue has shown improvement compared to the previous year, despite the reported losses on a standalone basis.

Historical Stock Returns for Asit C Mehta Financial Services

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-100.00%-7.94%-12.58%-21.74%-1.65%+100.45%
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Asit C. Mehta Financial Services Approves INR 50 Crore Rights Issue

2 min read     Updated on 31 Jul 2025, 04:33 PM
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Reviewed by
Jubin VScanX News Team
Overview

Asit C. Mehta Financial Services Limited (ACMFSL) has approved a rights issue to raise up to INR 50 crore by offering equity shares to existing shareholders. The Board of Directors approved the issuance of equity shares with a face value of INR 10 each. A Rights Issue Committee will oversee the process, determining issue price, entitlement ratio, and timing. The company also reported Q1 FY2026 financial results, with a consolidated loss after tax of INR 240.00 lakhs, compared to INR 191.55 lakhs in Q1 FY2025.

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*this image is generated using AI for illustrative purposes only.

Asit C. Mehta Financial Services Limited (ACMFSL) has announced a significant move to bolster its financial position through a rights issue. The company's Board of Directors has given the green light to raise up to INR 50 crore by offering equity shares to existing shareholders.

Rights Issue Details

The Board of Directors, in a meeting held on July 31, 2025, approved the issuance of equity shares with a face value of INR 10 each. This rights issue will allow current equity shareholders to subscribe to new shares in proportion to their existing holdings. The specific price per share and the entitlement ratio are yet to be determined and will be decided by either the Board or a dedicated Rights Issue Committee.

Key Points of the Rights Issue:

  • Issue Size: Up to INR 50 crore
  • Share Type: Equity shares with face value of INR 10 each
  • Eligible Participants: Existing equity shareholders
  • Record Date: To be announced later

Rights Issue Committee

To oversee the process, ACMFSL has constituted a Rights Issue Committee. This committee will be responsible for:

  1. Appointing necessary intermediaries
  2. Determining the issue price
  3. Setting the rights entitlement ratio
  4. Deciding on the record date
  5. Establishing the timing of the rights issue

Regulatory Compliance

The rights issue is subject to necessary regulatory and statutory approvals. ACMFSL will ensure compliance with:

  • SEBI (ICDR) Regulations, 2018
  • SEBI (LODR) Regulations, 2015
  • Companies Act, 2013

Financial Performance

In the same board meeting, ACMFSL also approved the unaudited financial results for the quarter ended June 30, 2025. The consolidated financial highlights for the quarter are as follows:

Particulars (in INR Lakhs) Q1 FY2026 Q1 FY2025
Revenue from operations 1,124.19 1,296.01
Other income 154.46 123.65
Total income 1,278.65 1,419.66
Total expenses 1,523.10 1,617.42
Loss before tax (244.45) (197.76)
Loss after tax (240.00) (191.55)

The company reported a consolidated loss after tax of INR 240.00 lakhs for Q1 FY2026, compared to a loss of INR 191.55 lakhs in the same quarter of the previous year.

This rights issue comes at a time when the company is looking to strengthen its financial position. The additional capital raised through this issue could potentially be used to fuel growth initiatives, reduce debt, or for other corporate purposes as deemed fit by the management.

Investors and shareholders should keep an eye out for further announcements regarding the specific terms of the rights issue, including the price, entitlement ratio, and important dates.

Historical Stock Returns for Asit C Mehta Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-7.94%-12.58%-21.74%-1.65%+100.45%
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