Outcome of the Board Meeting with Audited Financial Results for the Quarter and Year Ended 31st March 2026
HYBRIDFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hybrid Financial Services Ltd reported FY2026 total income of Rs. 680.54 Lakhs, down from Rs. 718.93 Lakhs in FY2025. Revenue from operations declined 6% to Rs. 527.72 Lakhs. Profit after tax fell significantly to Rs. 270.01 Lakhs from Rs. 383.69 Lakhs in the prior year (~30% decline). EPS dropped to Rs. 0.92 from Rs. 1.30. The auditor issued an unmodified opinion but included an Emphasis of Matter on non-provision of Gratuity as per Ind AS 19. The company completed the merger of subsidiary Maximus Securities Ltd (effective 1 April 2024), with SEBI approval for stock broking transfer still pending. Borrowings reduced to Rs. 70 Lakhs from Rs. 140 Lakhs. The board approved 1% preference dividend and redemption of Rs. 70 Lakhs preference shares, and recommended appointment of Mrs. Megha J. Vazkar as Whole Time Director.
Revenue and profit both declined year-on-year, with PAT down ~30%. The auditor's Emphasis of Matter on gratuity non-provision raises accounting concerns. Pending SEBI approval for the stock broking licence transfer and unresolved bank discharge remain key risks.