Outcome of Board meeting held on 28.05.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
New Markets Avenue Limited reported a significant decline in financial performance for FY2026 ending March 31. Revenue from operations fell to ₹16.95 lakhs from ₹20.90 lakhs in FY2025, representing a revenue decline. The company swung from a profit of ₹1.64 lakhs in FY2025 to a net loss of ₹31.75 lakhs in FY2026, with EPS dropping from ₹0.13 to (₹0.64). The auditors issued an unmodified (clean) opinion. The company raised ₹5.02 crore via preferential issue in November 2025, with 37 lakh warrants converted to equity shares. Operating cash flow was deeply negative at ₹(182.56) lakhs, though cash reserves increased to ₹312.13 lakhs from ₹4.13 lakhs due to the capital raise.
The shift from profit to substantial loss with negative operating cash flow signals serious operational challenges. However, the clean audit opinion and fresh capital infusion provide some comfort. The significant cash position gives the company runway, but investors should monitor if losses continue and how funds are being deployed.