ASSAM ENTRADE LIMITED

Functions as a non-banking financial company whose principal revenue streams are inter-corporate lending and securities trading, with a third, unspecified 'Other' segment filling out the rest. In FY26, interest on loans contributed Rs 4.31 crore (34.0% of segment revenue) and trading in shares and securities Rs 3.65 crore (28.8%), while the 'Other' line added Rs 4.71 crore (37.2%); a separate 'Township Project' segment carried zero revenue and zero EBIT. Loans represent 80.40% of total assets, against total assets of Rs 72.51 crore, so lending — rather than trading — is the dominant use of the balance sheet despite a broadly comparable revenue contribution. Assam Entrade is listed only on BSE (scrip code 542911), with equity capital of 14,39,790 shares of Rs 10 each and Rs 2 crore of outstanding borrowings as of March 31, 2026. The cost structure is dominated by 'other operating expenses' at 62.7% of revenue and employee cost at 6.2%, with no materials spend and 0.8% depreciation, consistent with a financial-services cost base rather than a trading or manufacturing model. The pack flags that it has not adopted the Expected Credit Loss approach for loan provisioning, continuing instead with the incurred-loss method, and notes small absolute scale (FY26 revenue Rs 8.01 crore, net profit Rs 1.98 crore).