Submission of Audited Financial Results for the Quarter and Year ended on 31st March, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.6 pts less than Nifty Microcap 250 and 5.3 pts less than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shyamkamal Investments Ltd reported total income of Rs. 182.94 lakh for FY26, up from Rs. 126.41 lakh in FY25 — a revenue growth of ~33%. However, profit before tax fell sharply to Rs. 23.24 lakh from Rs. 50.35 lakh in the prior year, a decline of ~54%. The statutory auditors (Mukeshkumar Jain & Co.) issued a Qualified Opinion citing three issues: (1) audit trail functionality in the new accounting software is still under testing and non-compliant with Rule 3(1) of Companies (Accounts) Rules, 2014; (2) bank balances with HDFC Bank and Canara Bank could not be verified due to missing bank statements; and (3) the company reclassified equity shares from FVTPL to FVTOCI, which inflated reported profit by Rs. 72.18 lakh — without this reclassification, the company would have reported a loss of Rs. 48.93 lakh instead of a profit of Rs. 23.25 lakh. Borrowings stand at Rs. 1,175.26 lakh with a debt-equity ratio of 0.60. The company also raised Rs. 1,291 lakh via a preferential allotment of 12.91 crore shares at Rs. 10 each in December 2025.
The Qualified Opinion and the reclassification of equity shares that masked a near-Rs. 49 lakh loss raise serious concerns about the reliability of reported financials. Shareholders should be cautious as the company may have used accounting reclassification to present profitability where none exists on an underlying basis.