WAGEND INFRA VENTURE LIMITED

A small BSE-SME-listed entity that, in FY26, reported total revenue of ₹278.62 lakh, up sharply from ₹42.98 lakh in FY25. Revenue from operations of ₹243.02 lakh was driven by stock-in-trade activity that began during the financial year — H1 FY26 alone saw ₹96.57 lakh of stock-in-trade purchases, up from essentially nothing in the same period a year earlier. The remainder of total revenue, ₹35.60 lakh, came from other income, mainly interest. The company reports as a single-segment business and operates from a registered office in Andheri West, Mumbai. Margins are very thin: FY26 net profit was ₹3.37 lakh and the stated EBITDA margin is 1.95%. Capital expenditure was 135.7% of revenue during the year, and by H1 FY26 the balance sheet carried current borrowings of ₹142.48 lakh and a new long-term liability of ₹73.25 lakh, with reserves negative at ₹(21.43) lakh. The board saw the resignation of Independent Director Yash Surjan in March 2026, who also vacated the chairmanship of the Audit, Nomination and Remuneration, and Stakeholders Relationship committees.