Mehta Securities Ltd

Financial results and approvals

• Standalone unaudited Q1 2026 results approved; quarter ended 30 June 2026.
• Limited Review Report by Asim Ravindra & Associates attached.
• Audit Committee reviewed; Board approved and took on record.
• Figures on standalone basis; no segment reporting.
• Quarterly results available on BSE and company website.
• Single-segment company; segment reporting not applicable.
• Board meeting date: 13 August 2026.

Dematerialisation status

• Dematerialisation requests processed; depository name substituted as registered owner within the prescribed time.
• Securities dematerialised were listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification; depository name substituted in records.
• Certificates received for dematerialisation were confirmed to depositories as accepted or rejected.

Audit and governance

• 📍 Statutory auditors issued an unmodified opinion on the audited financial results.
• 📍 Board approved re-appointment of Trivedi Parikh & Shah as internal auditors for FY27.
• 📍 Board authorized directors and KMPs for materiality-based disclosures under Regulation 30(5).

Balance sheet and cash flow

• 📊 Cash and cash equivalents were ₹7.08 lakh at 31 March 2026.
• 📊 Cash flow from operations was negative ₹34.07 lakh in FY26.
• 📊 Cash flow from investing activities was positive ₹26.51 lakh, supported by dividend income.
• 📊 Long-term borrowings increased by ₹8.00 lakh during the period.
• 📊 Total assets and liabilities were ₹1,279.17 lakh and ₹1,279.17 lakh respectively.

Business model

• 🗒️ The company operates in a single segment, so segment reporting is not applicable.
• 🗒️ Results are standalone for the quarter and year ended 31 March 2026.

Financial Performance 📊

• Q3 FY26 revenue from operations was ₹3.68 lakhs, up from ₹3.06 lakhs in Q3 FY25.
• Q3 FY26 total income stood at ₹3.72 lakhs versus ₹3.18 lakhs in Q3 FY25.
• Q3 FY26 total expenses were ₹6.54 lakhs, slightly lower than ₹6.73 lakhs in Q3 FY25.
• Q3 FY26 loss before and after tax was ₹2.82 lakhs, improved from ₹2.95 lakhs loss in Q3 FY25.
• Nine months ended Dec 31, 2025 revenue from operations was ₹22.29 lakhs, up from ₹20.84 lakhs year ago.
• Nine months total expenses increased to ₹25.92 lakhs from ₹22.83 lakhs year ago; loss after tax was ₹3.55 lakhs versus ₹1.81 lakhs prior year.

Capital Structure & Other Updates

• Paid-up equity share capital remained ₹308.94 lakhs with face value ₹10 each.
• Company operates in a single segment; segmental reporting not applicable.
• M/s. Trivedi Parikh and Shah appointed as new internal auditors effective Feb 6, 2026.
• M/s. P. P. Patel & Brothers resigned as internal auditors effective Feb 4, 2026.

Financial Performance 📊

• Approved standalone unaudited financial results for Q3 and nine months ended Dec 31, 2025, with limited review.
• Reported loss of Rs. 2.82 lakhs for Q3 and Rs. 3.55 lakhs for nine months ended Dec 31, 2025.
• Revenue from operations for nine months ended Dec 31, 2025, was Rs. 22.29 lakhs.

Governance and Appointments 📍

• Resignation of M/s. P. P. Patel & Brothers as internal auditors effective Feb 4, 2026.
• Appointment of M/s. Trivedi Parikh and Shah as new internal auditors effective Feb 6, 2026, for FY 2025-26.
• New internal auditors have over 2 years’ experience in indirect taxation, foreign accounting, statutory audit, and taxation.