BSEHB Portfolio LtdMediumNeutral
Announced Fri, 29 May · 16:49 IST

Change in Management

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹63.90
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.4+1.2-0.4-4.6-3.0-8.2-6.1-9.4
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AI summary

HB Portfolio Limited's Board of Directors met on 29th May 2026 and approved the audited standalone and consolidated financial results for Q4 and financial year ended 31st March 2026. On a standalone basis, the company reported a net profit of Rs. 145.11 Lakhs for FY2026 compared to a loss of Rs. 76.98 Lakhs in FY2025. On a consolidated basis, the group reported a net profit of Rs. 27.94 Lakhs for FY2026, a significant decline from Rs. 195.26 Lakhs in FY2025. The company also re-appointed M/s Marv & Associates LLP as Internal Auditor for FY 2026-27. Statutory auditors M/s N.C. Aggarwal & Co. issued an unmodified (clean) opinion on the financial statements. Total comprehensive income on consolidated basis showed a loss of Rs. 1,761.55 Lakhs, largely due to negative fair value changes in investments.

Likely market impact

The company returned to profitability on standalone basis but consolidated earnings declined sharply. The large negative comprehensive income due to mark-to-market losses on investments may concern investors, though the core business showed improvement. The clean audit opinion provides some comfort on financial reporting quality.