Risa International Ltd

Board actions

• Board approved unaudited Q1 FY2026 results and limited-review report.
• Director Report for FY ended 31 March 2026 approved.
• Notice for 32nd AGM on 24 September 2026 approved.
• Register of Members closed 18–24 Sept 2026; cutoff 17 Sept 2026; e-voting facility provided.
• Appointed Suprabhat Chakraborty as Scrutinizer for e-voting.
• Board reviewed the company's business.

Financial results

• Unaudited results for quarter ended 30 June 2026 reviewed by Audit Committee.
• Independent auditor's review report states no material misstatement.
• Profit before tax for the quarter ended 30 June 2026: (40.29) lakh.
• Profit before tax for the year ended 31 March 2026: (99.68) lakh.

Demat/remat status

• Dematerialisation requests for the quarter were processed and confirmed to depositories.
• The dematerialised securities have been listed on the stock exchanges where the earlier issues are listed.
• Physical certificates were mutilated and cancelled after verification, with the depository's name substituted as registered owner.
• Substitution and cancellation were completed within prescribed timelines.

Financial performance

• 📊 Standalone revenue from operations was nil for Q4 and FY26.
• 📊 Total income was nil for Q4 and FY26.
• 📊 Q4 FY26 loss before tax was Rs 46.99 lakh, versus Rs 868.84 lakh a year earlier.
• 📊 FY26 loss before tax was Rs 99.68 lakh, versus Rs 900.22 lakh in FY25.
• 📊 Q4 FY26 net loss was Rs 46.99 lakh; FY26 net loss was Rs 145.11 lakh.
• 📊 Basic and diluted EPS were Rs (0.03) for Q4 FY26 and Rs (0.09) for FY26.

Costs and balance sheet

• 📊 Finance cost rose to Rs 64.24 lakh in FY26 from Rs 15.77 lakh.
• 📊 Employee benefit expense increased to Rs 10.49 lakh in FY26 from Rs 1.75 lakh.
• 📊 Other expenses were Rs 24.95 lakh in FY26, versus Rs 13.71 lakh last year.
• 📊 Bad debts of Rs 858.82 lakh were recorded in FY25.
• 📊 Cash and cash equivalents were Rs 0.06 lakh at 31 March 2026.
• 📊 Borrowings increased to Rs 1,013.19 lakh from Rs 207.81 lakh.

Segments

• 📊 Trading segment reported a FY26 loss before tax of Rs 35.44 lakh.
• 📊 Real estate segment capital employed was Rs 712.25 lakh at 31 March 2026.
• 📊 Total capital employed was negative Rs 509.77 lakh at 31 March 2026.

Board actions

• 📍 Statutory auditors issued an unmodified opinion on the standalone audited financial results.
• 📍 The board approved audited financial results for quarter and year ended 31 March 2026.
• 📍 Mr. Abhinandan Jain was re-appointed Whole-time Director for three years from 25 August 2026.
• 📍 M/s Abhishek R Jain & Co. was appointed internal auditor for FY27.
• 📍 The board did not recommend dividend for FY26.

Cash flow

• 📊 Operating cash inflow was Rs 64.16 lakh in FY26.
• 📊 Cash generated from operations was Rs 146.94 lakh in FY26.
• 📊 Cash and cash equivalents declined by Rs 0.08 lakh during FY26.

Business model

• 📍 The company reports trading and real estate segments.
• 📍 The filing is for Risa International Limited's standalone audited results.

Financial Performance

• Revenue from operations was nil for Q3 FY26 and nine months ended Dec 31, 2025.
• Total expenses rose to Rs 27.57 lakh in Q3 FY26 from Rs 10.23 lakh in Q2 FY26.
• Loss before tax widened to Rs 27.57 lakh in Q3 FY26 from Rs 10.23 lakh loss in Q2 FY26.
• Net loss after tax increased to Rs 72.99 lakh in Q3 FY26 from Rs 10.23 lakh loss in Q2 FY26.
• Basic and diluted EPS stood at negative Rs 0.05 per share in Q3 FY26.
• Finance costs increased to Rs 21.64 lakh in Q3 FY26 from Rs 7.08 lakh in Q2 FY26.

Segment Performance

• Trading segment incurred Rs 51.35 lakh expenses and losses in Q3 FY26.
• Real estate segment reported no revenue or expenses in Q3 FY26.

Capital & Balance Sheet

• Total capital employed was negative Rs 462.78 lakh as of Dec 31, 2025, down from negative Rs 389.79 lakh in Q2 FY26.

Corporate Actions & Compliance ️

• Board approved Q3 FY26 unaudited financial results on February 11, 2026.
• Statutory auditors conducted a limited review for Q3 FY26 with no material misstatements noted.

Financial Performance 📊

• Board approved unaudited standalone financial results for quarter and nine months ended 31 Dec 2025.
• Net loss before tax: Rs. (72.99) lakh for the quarter; Rs. (98.11) lakh for nine months.
• Basic earnings per share: Rs. (0.05) for the quarter; Rs. (0.06) for nine months.
• Total expenses for the quarter: Rs. 27.57 lakh; finance costs: Rs. 21.64 lakh.
• Trading segment reported losses; Real Estate segment had no revenue or expenses.
• Capital employed was negative Rs. 462.78 lakh as of 31 Dec 2025.

Auditor Review ⚠️

• Statutory auditors conducted limited review of unaudited results for quarter ended 31 Dec 2025.
• Auditor’s report expressed no material misstatement or non-compliance with accounting standards.

Governance & Board Decisions 📍

• No dividend declaration, capital raising, buybacks, major investments, or disposals reported.
• No changes in directors, auditors, or key management personnel disclosed.

Other Disclosures

• Results prepared as per Indian Accounting Standards (Ind AS) and Companies Act, 2013.
• Previous period figures regrouped/recast to conform to current accounting treatment.
• Segment reporting disclosed as per Ind AS 108.
• Board meeting held on 11 Feb 2026 approved the results.

🗓️ Meeting Details

• Board meeting scheduled for 11 February 2026 at the registered office in Mumbai.

📊 Key Agenda Items

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