We wish to inform that the Board of Directors of the Company, at its meeting held today has approved the following: a) The Audited Financial Results (Standalone) for the quarter and ....
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Vardhan Capital & Finance Ltd reported audited standalone results for FY2026 ended March 31, 2026. The company posted a net loss of Rs 2.20 lakh, significantly improved from Rs 11.16 lakh loss in the previous year. Total income declined to Rs 33.54 lakh from Rs 40.11 lakh. Total comprehensive income rose to Rs 11.35 lakh from Rs 2.21 lakh due to fair value changes. The statutory auditor issued an unmodified opinion but included an Emphasis of Matter paragraph highlighting liquidity constraints with Rs 2.23 crore in statutory dues unpaid for over six months, related party loans with discontinued interest accrual due to project delays, and pending NBFC regulatory filings with RBI. The board also appointed Priti J. Sheth & Associates as secretarial auditor for FY 2025-26.
The company shows operational improvement in reducing losses, but auditors raised red flags about liquidity stress, regulatory non-compliance, and non-performing related party exposures. Despite unmodified opinion, the Emphasis of Matter items suggest elevated risk for shareholders.