Sanchay Finvest Q4 FY26 Results: Net Loss of ₹0.42 Crore, Qualified Audit Opinion Issued

Net Loss: ₹-0.4191 crore
Revenue from Operations: ₹0.0084 crore

Reader Takeaway: Qualified audit raises governance concerns, while net loss signals financial strain.

What just happened

Sanchay Finvest Ltd reported a net loss of ₹0.4191 crore for the quarter ending March 31, 2026. This compares to a profit of ₹0.0165 crore in the same quarter last year. Revenue from operations for the quarter was a marginal ₹0.0084 crore.

Why this matters

The company's statutory auditor issued a qualified opinion, flagging several critical issues. These include un-paid preference dividends, a demand notice for NSE dues (which the company has since cleared), lack of systems for confirming balances of deposits and advances, and insufficient evidence for the classification of trade payables.

The backstory

In the previous year's corresponding quarter (ending March 31, 2025), Sanchay Finvest had reported a small profit. However, the current quarter's results show a significant downturn, leading to a net loss. The total assets of the company stood at ₹2.2918 crore, with total equity at ₹1.4855 crore as of March 31, 2026.

What changes now

The company has initiated a preferential issue of equity shares to non-promoter investors, seeking approval for this fundraising activity. Additionally, there have been management changes, with the resignation of the secretarial auditor and the appointment of a new internal auditor.

Risks to watch

The qualified audit opinion presents significant governance and financial reporting risks. Investors should closely monitor the company's efforts to address the auditor's specific concerns regarding internal controls and financial record-keeping. The success of the preferential issue is also crucial for its financial future.

Peer comparison

[Peer comparison data not available in the filing.]

Context metrics (time-bound)

• The company cleared NSE dues of ₹0.2250 crore in May 2026.
• Mr. Ramesh Chandra Mishra resigned as secretarial auditor on May 28, 2026.
• M/s. S K B J P & Co. appointed as internal auditor for FY 2026-27.

What to track next

Investors should track the progress of the preferential issue, the company's response to the auditor's qualifications, and any improvement in financial performance in subsequent quarters.