outcome of board meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Futuristic Securities Ltd reported flat revenue of Rs 632 lakh for FY2026, same as FY2025, with total income of Rs 1,126 lakh. The company posted a marginal net profit of Rs 0.67 lakh (EPS: Rs 0.01), down from Rs 0.76 lakh in FY2025. Total expenses increased to Rs 1,143 lakh from Rs 1,035 lakh, compressing profitability. The company has a loan receivable of Rs 79 lakh outstanding. Cash and cash equivalents declined sharply from Rs 2.16 lakh to Rs 0.61 lakh. The statutory auditor issued an unmodified opinion on the financial statements, and no going concern issues were raised. The board also reappointed M/s Roy Jacob & Co as secretarial auditors for FY2026-27.
The stock shows minimal financial activity with near-zero profitability and declining cash reserves. Flat revenue and rising costs suggest operational challenges, though the clean audit opinion provides some assurance. Shareholders should monitor the company's ability to reverse the profit decline and improve cash generation.