Outcome Of Board Meeting- Pursuant To Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Systematix Securities Ltd held its Board meeting on 16 May 2026 and approved the audited standalone financial results for Q4 and the year ended 31 March 2026. The auditor, M/s Jyoti Dad & Co., issued an unmodified opinion stating the financial results give a true and fair view. Total revenue declined sharply to Rs 3.06 lakh from Rs 30.60 lakh in the previous year (about 90% drop). The company reported a net loss of Rs 6.02 lakh, though this is an improvement from the loss of Rs 8.24 lakh in FY 2024-25. Basic and Diluted EPS remained negative at Rs (0.12) per share. Total equity stands at Rs 863.92 lakh with borrowings reduced to zero. The board also re-appointed M/s Varun Bhomia & Company as secretarial auditor for FY 2025-26.
The sharp revenue decline and continued losses are concerning for shareholders, indicating weak business performance despite improved year-on-year losses. The clean auditor opinion provides some comfort on financial reporting accuracy. The company's near-zero borrowings position is a positive balance sheet indicator.