Record date/cut off date for Annual General Meeting is fixed on Friday, 18/09/2026.
Awaiting price reaction for this filing.
South Asian Enterprises Ltd reported annual audited results for FY ended March 2026. Total income was Rs 71.60 lakhs, up from Rs 67.90 lakhs in FY25 (5.4% increase). The company reported a net loss before tax of Rs 11.46 lakhs, significantly improved from Rs 22.01 lakhs loss in FY25. Net loss after tax stood at Rs 15.30 lakhs. The auditors issued an unmodified (clean) opinion with no adverse comments. Exceptional items include provision for impairment loss on investments and doubtful assets. The company has appointed a new Managing Director and Whole-Time Director. The 37th AGM is scheduled for September 25, 2026, with record date September 18, 2026.
The company continues to operate at a loss with negative operating cash flow of Rs 25.37 lakhs, raising concerns about financial sustainability. However, the reduced loss compared to previous year and clean audit opinion provide some comfort. The stock is likely to remain under pressure due to persistent losses and weak cash generation.