audited financial results as on 31/03/2026 and realted disclosures
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jainco Projects India Ltd, an RBI-registered NBFC with Rs. 10 crore paid-up capital, reported audited results for FY2026 ending March 31. Total income was Rs. 75.47 lakh vs Rs. 73.30 lakh prior year, a marginal 3% increase. Profit after tax declined slightly to Rs. 0.69 lakh from Rs. 0.73 lakh. The company has very high finance costs of Rs. 52.92 lakh relative to its profit, indicating significant leverage. Statutory auditors M/s Sarkar Gurumurthy & Associates issued an UNMODIFIED opinion on the financial statements. The auditor's report includes an Emphasis of Matter noting that balance confirmations from customers, loans/advances, and borrowings were awaited at the time of audit. Several notes indicate pending litigation, disputed balances, and balances subject to court orders.
The stock appears to be of a very small company with minimal profit generation despite reasonable revenue. High finance costs relative to profit and pending balance confirmations from auditors indicate potential financial health concerns. However, the clean audit opinion provides some comfort to shareholders.