Submission of audited financial results along with audit report for FY ended 31-03-2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Martin Burn Limited reported Total Income of Rs. 659.83 Lakhs for FY2026, down significantly from Rs. 1,186.98 Lakhs in the previous year. Net Profit After Tax stood at Rs. 249.73 Lakhs, compared to Rs. 712.03 Lakhs in FY2025 - representing a steep decline of approximately 65%. EPS dropped to Rs. 3.68 from Rs. 11.63. The auditor issued an unmodified opinion, though an Emphasis of Matter was raised regarding potential NBFC classification - the company may require RBI registration as its lending activities and financial assets likely meet the 50-50 test threshold. The company has Rs. 1,098.85 Lakhs in Capital Work in Progress (project temporarily suspended) and wrote off Rs. 445 Lakhs in bad debts against prior year provisions.
The significant decline in revenue and profitability is negative for shareholders. The NBFC compliance issue raises regulatory risk and potential additional compliance costs. The healthy debt-equity ratio of 0.30 provides some comfort on financial stability.