Onelife Capital Advisors Limited (OCAL) has released its financial results for the second quarter ended September 30, 2025, revealing a mixed performance amidst ongoing regulatory challenges. The company, which operates in advisory services, broking, and trading, reported a standalone profit but a consolidated loss for the quarter.

Standalone Performance

On a standalone basis, OCAL reported a significant improvement in its financial performance:

The company's standalone operations showed a notable turnaround, with revenue from operations reaching ₹300 lakhs compared to nil in the same quarter last year. However, other income decreased substantially, resulting in a lower total income for the quarter.

Consolidated Results

The consolidated financial picture presents a different scenario:

Despite a significant increase in revenue from operations, OCAL reported a consolidated net loss of ₹482.67 lakhs for Q2 2025. This loss, however, was lower than the ₹680.47 lakhs loss reported in the same quarter last year.

Segment Performance

The company's advisory services segment emerged as the strongest performer:

• Advisory Services: Reported a profit of ₹240.65 lakhs
• Broking Services: Incurred a loss of ₹370.95 lakhs
• Trading Services: Registered a modest profit of ₹6.32 lakhs

Regulatory Challenges and Financial Implications

OCAL faces several regulatory issues that are impacting its financial reporting and operations:

1. The company is dealing with a SEBI order directing payment of ₹50 lakhs each by OCAL and its directors for non-compliances related to related party transactions. An appeal has been filed against this order.

2. A subsidiary, Dealmoney Commodities Private Limited, has deferred recognition of advisory income of ₹60 lakhs and corresponding expenses of ₹120 lakhs due to ongoing SEBI proceedings against OCAL.

3. There is an outstanding GST liability of ₹39.60 lakhs under dispute.

4. The company has investments of ₹9,868.17 crores in subsidiaries, some of which have negative net worth, potentially impacting the group's overall financial health.

Liquidity and Borrowings

OCAL has increased its short-term borrowings, with standalone borrowings rising to ₹1,371.61 lakhs as of September 30, 2025, compared to ₹186.45 lakhs at the end of the previous fiscal year. This increase in borrowings may be aimed at managing working capital needs amidst regulatory challenges.

Outlook

While OCAL has shown improvement in its standalone operations, the consolidated results and ongoing regulatory issues present significant challenges. The company's ability to navigate these regulatory hurdles and improve the performance of its broking and trading segments will be crucial for its future financial health and market position.

Investors and stakeholders should closely monitor the progress of OCAL's appeals against regulatory orders and the potential impact of deferred income recognition on future financial statements. The company's efforts to strengthen its core advisory services while addressing challenges in other segments will be key factors in its path to sustainable profitability.

Onelife Capital Advisors Limited, a financial services company, has reported a consolidated net loss of ₹52.51 crore for the first quarter. The company also announced the appointment of a new Company Secretary and Compliance Officer.

Financial Performance

The company's financial results for Q1 show:

On a standalone basis, Onelife Capital Advisors reported a net loss of ₹61.64 crore for the quarter. The company's revenue from operations remained nil, while other income stood at ₹2.01 crore.

Segment Performance

The company's segment-wise performance for Q1 is as follows:

• Broking Services: Revenue of ₹29.59 lakh with a segment loss of ₹10.16 lakh
• Advisory Services: Segment loss of ₹57.58 lakh
• Trading Services: Segment loss of ₹8.34 lakh

Appointment of Company Secretary

The Board of Directors approved the appointment of Mr. Rohit Gupta as the Company Secretary & Compliance Officer, effective immediately. Mr. Gupta is an Associate Member of the Institute of Company Secretaries of India and has experience in dealing with matters related to the Companies Act, Listing Regulations, and allied laws.

Regulatory Challenges

The company is facing several regulatory challenges:

1. SEBI Order: SEBI passed a final order directing the company and its directors, Mr. Pandoo Naig and Mr. Prabhakar Naig, to pay ₹50 lakh each for alleged non-compliance with certain provisions relating to related party transactions and tax compliances. The company has filed an appeal before the Securities Appellate Tribunal (SAT).

2. GST Dispute: The company has an outstanding liability of ₹39.60 lakh towards Goods and Services Tax, which is currently under dispute with the GST appellate authority.

3. Investment Concerns: The auditors have highlighted concerns about the company's ₹87.22 crore investment in subsidiaries with negative net worth.

Outlook

Onelife Capital Advisors operates through multiple subsidiaries in advisory, broking, and trading services. The company's financial performance and regulatory challenges may impact its near-term outlook. Investors and stakeholders will be closely watching how the company addresses these issues and improves its financial position in the coming quarters.