Fourth Generation Information Systems Ltd

Financial results approved

• Board approved unaudited standalone results for quarter ended 30 June 2026.
• Limited Review Report on the results submitted by auditors.
• Q1 2026 total income ₹0.08 lakh; net loss ₹26.20 lakh.
• Earnings per share basic and diluted: -₹0.74.
• Erosion of net worth noted; material going concern uncertainty.

Going concern and funding plan

• Management plans to raise funds via promoters' infusion, equity, or other means.
• Software under development is capital work-in-progress, expected to generate cash flow.
• Going concern basis maintained; management expects funds to support operations.

Auditor observations

• Auditor notes going concern uncertainty; no modification to opinion.

Dematerialisation status

• No dematerialisation requests were received during 01/04/2026 to 30/06/2026.

Audit and going concern

• 📍 Auditors issued an unmodified opinion on the standalone annual financial results.
• ⚠️ Auditors highlighted accumulated losses that fully eroded net worth as of 31 March 2026.
• ⚠️ Management said new software under CWIP is expected to generate cash flows.
• ⚠️ Management also plans additional funding through promoters, equity, or other means if required.

Balance sheet and cash flow

• 📊 Total assets were ₹438.01 lakh at 31 March 2026, versus ₹459.44 lakh a year earlier.
• 📊 Equity was negative ₹217.67 lakh, reflecting accumulated losses.
• 📊 Borrowings stood at ₹387.56 lakh at 31 March 2026.
• 📊 Cash and cash equivalents fell to ₹1.63 lakh from ₹10.98 lakh.
• 📊 Operating cash flow was negative ₹9.35 lakh in FY26.
• 🧱 Purchase of PPE and intangible assets consumed ₹50.50 lakh in investing cash flow.

Board action

• 📍 Board approved the standalone audited financial results for quarter and year ended 31 March 2026.
• 📍 Board meeting was held on 29 May 2026 and concluded the same day.

Business

• 🗒️ The company is developing software and carrying related costs in capital work-in-progress.
• 🗒️ The document also states the company is not a large corporate.

🗓️ Meeting Details

• Board meeting scheduled for 14 February 2026 at the company's registered office.

📊 Financial Performance

• Approval of unaudited standalone financial results for quarter ended 31 December 2025.