ISHWARSHAKTI HOLDINGS & TRADER

Registered as a Non-Banking Financial Company (NBFC) and listed on BSE, the entity operates with very small revenue from operations — Rs 6.65 lakh in FY26, down from Rs 164.71 lakh in FY25. The decline came from a reversal of interest income after a default in interest servicing, indicating that its earlier operating revenue was largely interest on loans or advances. The balance sheet is dominated by non-current investments of Rs 429.39 lakh, held primarily in two associate companies — Seksaria Industries Pvt Ltd and Seksaria Confectionaries Pvt Ltd — revalued under a NAV-based methodology adopted in Q4 FY26. Net worth stood at roughly Rs 39 crore as of March 31, 2026, against paid-up equity capital of just Rs 44.4 lakh, and the company reported zero outstanding borrowing on the same date. The firm posted a net loss of Rs 31.29 lakh for FY26, but total comprehensive income came in positive at Rs 348.63 lakh thanks to a Rs 351.76 lakh revaluation gain booked through Other Comprehensive Income on the associate investments. Operating costs are modest in absolute terms — employee costs were 15.9% of revenue and other operating expenses 17.0% — and there is no material depreciation or capex disclosed.