Sanchay Finvest Ltd has released its annual report for FY26, revealing a net loss of Rs 1.41 crore against Rs 0.32 crore in the previous year. Revenue plummeted to Rs 0.02 crore. The auditor report flags internal control weaknesses and past regulatory penalties from the NSE. The company is set to hold its 35th AGM on September 26, 2026, to address board appointments and leadership re-appointments amid these financial and governance challenges.
Sanchay Finvest Reports Net Loss of Rs 1.41 Crore in FY26
Net Loss for FY26 stands at Rs 1.41 crore; Revenue drops to Rs 0.02 crore.
Reader Takeaway: Widening losses and internal control lapses present significant headwinds for Sanchay Finvest shareholders this fiscal year.
What just happened
Sanchay Finvest Limited has updated its 35th Annual General Meeting (AGM) notice scheduled for September 26, 2026. The filing includes the annual report for the financial year ended March 31, 2026, which highlights a sharp decline in financial performance and multiple audit observations regarding governance and compliance.
Why this matters
The company’s net loss has expanded significantly to Rs 1.41 crore from Rs 0.32 crore in the previous year. Simultaneously, total revenue contracted to Rs 0.02 crore compared to Rs 0.62 crore in FY25. The auditor’s report contains critical observations regarding internal controls and regulatory non-compliance, specifically relating to unpaid managerial remuneration and sitting fees.
The backstory
The statutory auditor, M/s Jain Jagawat Kamdar & Co, flagged a demand of Rs 47.88 lakh from the National Stock Exchange (NSE) for non-compliances occurring between April 2023 and March 2024. While the company cleared outstanding NSE dues of Rs 28.39 lakh by May 6, 2026, the auditor noted material weaknesses in systems used for reconciling deposits, receivables, and payables.
What changes now
The upcoming AGM will vote on several key board movements. This includes the regularization of Ms. Lily Mundu as a Non-Executive Non-Independent Director and the proposed appointment of Mr. Rohit Mishra and Mr. Gaurang Karmakar as Independent Directors. Mr. Sarthak Naresh Sharma is slated for re-appointment as Whole-Time Director for a five-year tenure.
Risks to watch
Investors should monitor the company's ability to rectify internal control deficiencies and ensure strict compliance with regulatory requirements. The significant decline in revenue coupled with increased operational liabilities suggests continued pressure on the company’s balance sheet.
What to track next
Shareholders should observe management's commentary during the AGM regarding the path to revenue recovery and the specific steps taken to remediate the internal control issues identified by the auditors.