We submit herewith Audited Financial Results (Standalone and Consolidated) for the 4th Quarter and year ended March 31, 2026 duly approved at the Board Meeting held on May 23, 2026 along ....
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Nilkanth Engineering reported audited results for FY26 ended March 31, 2026. Standalone operations remain deeply loss-making with a net loss of ₹31.09 Lacs (vs ₹31.63 Lacs loss in FY25), while total income marginally increased to ₹24.78 Lacs from ₹24.35 Lacs. Critically, the standalone balance sheet shows negative Other Equity of ₹506.21 Lacs, indicating accumulated losses have eroded share capital. On a consolidated basis, the company reported net profit of ₹204.80 Lacs (down 43% from ₹358.00 Lacs in FY25), supported by share of profits from three associate companies totaling ₹235.89 Lacs. Consolidated EPS declined to ₹16.45 from ₹28.75. Operating cash flow remains negative at ₹1.80 Lacs outflow. The statutory auditor P K J & Co. issued an unmodified opinion.
The negative equity position on standalone financials raises serious concerns about the company's ability to continue as a going concern. While consolidated profits are buoyed by associate company contributions, the core leasing/financing business is loss-making and burning cash, making this a high-risk investment for shareholders.