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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hasti Finance Ltd reported total revenue of Rs. 17.58 Lakhs for FY2026, down sharply from Rs. 45.02 Lakhs in the prior year (a 61% decline). The company posted a net loss of Rs. 625.95 Lakhs, narrower than the prior year's loss of Rs. 815.48 Lakhs. Other Equity turned negative at Rs. (520.49) Lakhs against Rs. 105.45 Lakhs previously, indicating erosion of shareholder funds. The company wrote off Rs. 455.71 Lakhs of loans (NPA accounts) during the year, approved by the Audit Committee. The statutory auditor (Vandana V Dodhiya & Co.) issued an unmodified opinion but drew attention to the loan write-off as a governance matter. The board also approved related party transactions per Section 188 of the Companies Act.
The sharp revenue decline, persistent losses, and negative equity position signal severe financial stress for this small NBFC. The going concern basis is applied but warrants close monitoring. Shareholders should be cautious given the erosion of capital and declining business.