Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (Listing Regulations), we are enclosing the ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Varun Mercantile Limited reported zero revenue from operations for Q2 FY26 and H1 FY26, with the company's entire income of ₹9.62 lakh in Q2 (₹19.37 lakh in H1) coming from 'Other Income' (largely interest on its cash and investments). Profit After Tax stood at ₹2.52 lakh for the quarter and ₹6.63 lakh for the half year, with EPS of ₹0.13 and ₹0.33 respectively. The balance sheet shows total assets of ₹550.31 lakh, of which ₹525.42 lakh is sitting in cash and bank balances, indicating the company is essentially an investment/shell entity with no active business operations. Operating cash flow was negative at ₹(13.81) lakh for H1 FY26 (vs ₹(13.81) lakh in H1 FY25). The statutory auditors (N.J. Karia & Associates) issued an unqualified limited review report with no qualifications or emphasis of matter.
Shareholders should note that the company has no operating business and is essentially living off interest income on its cash pile — earnings are modest and unlikely to grow without a revival of operations. The negative operating cash flow means the company's day-to-day costs exceed its operating inflows, though this is cushioned by its strong cash reserves and absence of debt.