Sarvamangal Mercantile Company Ltd

Financial snapshot

• Total income: Rs 124.66 Lakhs; down 50.65% YoY.
• Net profit: Rs 41.12 Lakhs; down 76.92% YoY.
• Current tax: Rs 12.58 Lakhs.
• EPS: Basic & Diluted Rs 16.52 per share.
• Dividend: no dividend declared for 2025-26.
• Authorized share capital Rs 50.00 Lakhs; paid-up capital Rs 24.90 Lakhs.

Capital structure & liquidity

• Borrowings: Rs 693.37 Lakhs as of 31-03-2026.
• Total equity: Rs 5845.22 Lakhs; total assets: Rs 6626.32 Lakhs.
• Debt-to-equity: 0.12x; Current ratio: 2.53x.
• Cash & cash equivalents: Rs 1.96 Lakhs.

Investments & assets

• Non-current investments total Rs 64.04 Crores; diversified across listed/unlisted holdings.
• Major holdings include Kopran Ltd, Oricon Enterprises Ltd, Libord Securities.
• Significant FVOCI movements; equity instruments reported under OCI.

Governance & leadership changes

• Vandana Somani ceased as MD on 07-08-2025; Namrata Somani appointed MD from 07-08-2025.
• Varun Somani resigned as Non-Executive Director on 07-08-2025.
• Audit Committee (as of 31-03-2026): Surendran Nair (Chair), Rajive Bafna (Member), Namrata Somani (Member).
• Nomination & Remuneration Committee: Rajive Bafna (Chair), Surendran Nair (Member), Vandana Somani (Member).

Audit, controls & compliance

• Statutory auditors: Devpura Navlakha & Co; audit fees Rs 35,000.
• Secretarial auditor: Smita Prabhu & Associates; Annexure A unqualified.
• Internal financial controls are adequate and operating effectively.
• There was no fraud reported during the year.

Management discussion & risk

• MD&A notes India’s GDP growth of 6.5-6.9% for FY2026-27; consumption healthy.
• Business focus: financial services; income mainly from investments/dividends.
• Opportunities: long-term investments to generate capital value.
• Risks: market-linked returns; geopolitical volatility; need for export/diversification.

Shareholding & corporate actions

• Promoter holdings total ~61% of equity; Vandana Somani 23.49%, Varun Somani 13.65%.
• Promoters held 61% of equity shares at year-end.
• 43rd AGM notice issued; e-voting planned Sep 13-15, 2026; AGM Sep 16, 2026.

Reg 29(2) Disclosure

• Disclosure under Regulation 29(2) from promoter group enclosed for Sarvamangal Mercantile Company Limited.

Financial results approved

• Unaudited quarterly results for quarter ended 30 June 2026 approved.
• Total income Rs 30.80 lakh; revenue from operations Nil.
• Profit after tax Rs 11.09 lakh; basic/diluted EPS Rs 4.45.
• OCI from FVOCI investments Rs 1,931.91 lakh; total comprehensive income Rs 1,943.00 lakh.
• Paid-up capital Rs 24.90 lakh; equity capital unchanged.

Governance and regulatory notes

• Audit Committee reviewed results; Statutory Auditors expressed unmodified conclusion.
• Only one business segment; segment reporting not applicable.
• Statement prepared under Ind AS and reviewed under Regulation 33 of SEBI LODR.

Dematerialisation/rematerialisation status

• Dematerialisation requests processed and confirmed to depositories; securities listed on stock exchanges of existing issues.
• Physical certificates received for dematerialisation mutilated and cancelled after verification; depository name substituted as registered owner within timelines.

Financial results

• Approved audited financial results for quarter and year ended March 31, 2026.
• Results covered standalone financial statements, asset-liability statement, and cash flow statement.
• Auditor issued an unmodified opinion on the audited financial results.

AGM

• Approved notice for the 43rd Annual General Meeting.
• AGM scheduled for September 16, 2026 at 11:00 A.M.

🗓️ Meeting Details

• Board meeting scheduled for February 11, 2026, at the Registered Office in Mumbai.

📊 Key Agenda Items

• Approval of unaudited financial results for Q3 ended December 31, 2025.