HB Stockholdings Limited has informed the Exchange regarding Appointment of as Other of the company w.e.f. April 01, 2026.
HBSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HB Stockholdings Limited reported audited financial results for FY ended March 31, 2026. The standalone net loss narrowed to Rs 1,079.34 Lakhs from Rs 1,198.70 Lakhs in the previous year. Total income was Rs 270.97 Lakhs (down from Rs 155.08 Lakhs prior year). The significant loss was driven by Rs 857.13 Lakhs net loss on fair value changes in investments. Cash and cash equivalents declined sharply from Rs 781.28 Lakhs to Rs 121.55 Lakhs. The company is an NBFC with one wholly-owned subsidiary, Mount Finance Limited. The statutory auditors issued an unmodified opinion. The Board also re-appointed M/s Marv & Associates LLP as internal auditor for FY 2026-27.
The company continues to incur substantial losses primarily due to fair value fluctuations in its investment portfolio. The sharp reduction in cash reserves and ongoing operating losses are concerning for shareholders. However, the narrowed net loss compared to the prior year shows some improvement.