Outcome of Board Meeting of the Company held on Thursday, May 21, 2026 at the registered office of the Company which commenced at 03:00 P.M. and concluded at 04:00 P.M
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BFL Asset Finvest Limited's Board meeting on May 21, 2026 approved the audited financial results for Q4 and FY ended March 31, 2026. The company reported a net loss of Rs. 557.66 lakh compared to a net profit of Rs. 236.38 lakh in the previous year. Total income declined to Rs. 1,861.04 lakh from Rs. 2,101.99 lakh. Total assets stood at Rs. 2,477.19 lakh while borrowings increased significantly to Rs. 1,425.87 lakh from Rs. 283.65 lakh. The company is an NBFC classified under RBI's Base Layer and primarily deals in shares, futures, and options. The Board also re-appointed M/s. Shiv Shankar Khandelwal & Co. as Internal Auditor for FY 2026-27. Statutory auditors ABSM & Associates issued an unmodified opinion on the financial statements.
The company swung to a significant loss in FY2026 from profit in FY2025, with borrowings increasing nearly 5-fold. Shareholders should note the material deterioration in financial performance and the substantial rise in debt levels, which may weigh on the stock.