Lynx Machinery & Commercials Ltd

Financials

• Revenue from operations for quarter ended 30 Jun 2026: 0 Lakhs.
• Net loss after tax for quarter ended 30 Jun 2026: Rs 38.99 Lakhs.
• EPS Basic & Diluted: Rs -3.80 for quarter ended 30 Jun 2026.
• Finance cost for the quarter: Rs 29.89 Lakhs; total expenses: Rs 38.99 Lakhs.
• Paid-up equity share capital: Rs 102.55 Lakhs.
• Board approved unaudited results on 14 Aug 2026; limited review conducted.
• Single-segment company; no segment reporting.

Status of investor complaints

• No complaints received, resolved, or pending for Apr 01, 2026 to Jun 30, 2026; all categories NIL.

Reg. 32 non-applicability status

• Purpose: Declaration of Reg. 32 non-applicability.
• Mode of fund raising: Not applicable.
• Status of fund utilisation: Not applicable.
• Deviation/variation: None; Monitoring: not applicable.

Processing status

• Securities received for dematerialisation during quarter ended 30 June 2026 were processed and confirmed to depositories.
• Securities dematerialised were listed on exchanges where earlier securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository name substituted as registered owner within prescribed timelines.

Legal Dispute ️

• Shree Laxmi Trading Corporation sued the company in 1997 claiming ₹28.54 million plus interest.
• City Civil Session Court ruled on October 20, 2018, directing payment of ₹29.39 million plus interest.
• Interest on payable amount is 1.75% per month as per court order.
• The company has challenged the order; appeal pending in Bombay High Court (First Appeal No. 71 of 2022).
• The dispute relates to financial years 1992–1996 and has been disclosed since 1996.
• The company holds a receivable of ₹21.35 million from Shree Laxmi Trading Corporation.

Financial Performance 📊

• Lynx Machinery reported zero revenue from operations for Q3 and 9M ended Dec 31, 2025.
• Other income was Rs 0.17 lakh for 9M ended Dec 31, 2025, down from Rs 0.64 lakh in FY25.
• Total expenses for Q3 Dec 2025 were Rs 23.87 lakh, down from Rs 35.99 lakh in Q2 2025.
• Finance cost decreased to Rs 15.02 lakh in Q3 Dec 2025 from Rs 27.51 lakh in Q2 2025.
• Net loss for Q3 Dec 2025 was Rs 23.87 lakh, improving from Rs 35.99 lakh loss in Q2 2025.
• Nine months loss stood at Rs 90.76 lakh versus Rs 90.82 lakh in the same period last year.
• Basic and diluted EPS for Q3 Dec 2025 was negative Rs 2.33, compared to negative Rs 2.93 in Q3 Dec 2024.
• No tax expenses or exceptional items were reported for the periods presented.

Corporate Governance & Audit

• Independent Director Mrs. Zankhana Karan Bhansali resigned effective Jan 30, 2026.
• Mrs. Bhansali held independent directorships and committee memberships in Lynx Machinery and other companies.
• Auditor's limited review report found no material misstatements in the unaudited financial results.

Business Model & Segments

• The company operates in a single segment as per AS-17; no segment-wise revenue disclosed.