Approval of Standalone Audited Financial Results for the quarter and year ended 31st March, 2026 pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015
Awaiting price reaction for this filing.
Tacent Projects Ltd (formerly Rahul Merchandising Ltd) reported annual revenue of Rs 10.25 Lakhs for FY26, down sharply from Rs 335.44 Lakhs in FY25—a decline of approximately 97%. The company swung to profit after tax of Rs 1.16 Lakhs from a loss of Rs 3.70 Lakhs in the prior year. Total assets halved to Rs 142.53 Lakhs (from Rs 393.37 Lakhs), with trade receivables dropping to Rs 141.64 Lakhs (from Rs 392.46 Lakhs). Other equity remains deeply negative at Rs -375.58 Lakhs. Operating cash flow was negative at Rs -6.08 Lakhs. Short-term borrowings increased marginally to Rs 37.04 Lakhs. The statutory auditor issued an unmodified (clean) opinion on the results. The company confirmed it has no qualified borrowings and is not classified as a Large Corporate.
The stock saw a near-complete collapse in revenue with only token profit, raising serious concerns about business viability. Negative equity and negative operating cash flow are red flags for shareholders despite the clean audit opinion.