BSEVikalp Securities LtdMediumNeutral
Announced Thu, 13 Nov · 16:45 IST

UNAUDITED FINANCIAL RESULTS AS ON 30.09.2025

Emphasis Of MatterPat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vikalp Securities Limited reported weak unaudited results for Q2 FY26 with total income of just ₹0.26 lakhs against expenses of ₹1.29 lakhs, leading to a net loss of ₹0.96 lakhs (EPS: ₹-0.03). For the half year ended September 2025, total income was ₹0.11 lakhs versus expenses of ₹3.64 lakhs, resulting in a net loss of ₹3.58 lakhs (EPS: ₹-0.12), an improvement from the ₹11.06 lakh loss in H1 FY25. The company's revenue from operations remains nil, with only negligible other income. The balance sheet shows total equity of ₹234.61 lakhs but other equity is deeply negative at ₹(70.58) lakhs due to accumulated losses, against share capital of ₹305.19 lakhs. Operating cash flow for the half year turned positive at ₹13.38 lakhs with cash balance rising to ₹18.24 lakhs.

Likely market impact

The company continues to post losses with no operational revenue, and negative other equity signals erosion of net worth, which is a concern for shareholders. However, the narrowing of losses and positive operating cash flow are modest positives, though the auditor flagged an emphasis of matter regarding unsecured loans, which warrants attention.