Announced Mon, 18 May · 12:01 IST

Newspaper Publication of Audited Financial Results of the Company for the Quarter and Year ended March 31, 2026.

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AI summary

Yunik Managing Advisors Ltd (formerly Essar Securities Ltd) published its audited standalone financial results for Q4 and FY ended March 31, 2026. The company reported zero revenue from operations for both periods. Other income was Rs 3.85 lakh for the full year, bringing total income to Rs 11.35 lakh. The company posted a net loss of Rs 5.90 lakh for Q4 and a larger loss of Rs 25.44 lakh for the full year, compared to a loss of Rs 8.62 lakh in the previous year. EPS stood at Rs -0.18 for FY2026 versus Rs -0.06 in FY2025. The company operates solely in consultancy and advisory services with no subsidiaries or joint ventures. The board approved these results on May 15, 2026.

Likely market impact

The company continues to generate losses with no operating revenue, indicating serious financial stress. Negative other equity of Rs 1418.55 lakh suggests accumulated losses have eroded shareholder funds. Investors should exercise caution as the company may face going concern issues.