Sanchay Finvest Limited has reported a significant widening in net losses to Rs 1.41 crore for FY 2025-26, coupled with a sharp decline in revenue. The company also disclosed audit qualifications regarding internal control gaps, outstanding exchange dues, and regulatory concerns over director tenure. Shareholders are advised to monitor the firm's efforts to stabilize finances and address governance observations ahead of its upcoming AGM.
Sanchay Finvest FY26 Financials and Governance Update
Net loss reached Rs 1.41 crore for FY 2025-26, compared to Rs 0.32 crore in the prior fiscal year.
Total revenue dropped significantly to Rs 0.02 crore, down from Rs 0.62 crore in FY 2024-25.
Reader Takeaway: Sharply declining revenue and audit qualifications on internal controls signal significant operational and governance pressure for investors.
What just happened
Sanchay Finvest Limited has announced its financial results for the fiscal year ended March 31, 2026, alongside notice for its Annual General Meeting (AGM) scheduled for September 26, 2026. The company reported a substantial decline in financial health, with revenue falling to Rs 0.02 crore and net losses increasing to Rs 1.41 crore. The Board also confirmed leadership changes, including the re-appointment of Mr. Sarthak Naresh Sharma as Whole-Time Director.
Auditor Observations
The Statutory Auditor’s report flagged several concerns, including non-compliances that led to a Rs 0.48 crore penalty from the NSE and outstanding dues of Rs 0.28 crore. Furthermore, auditors highlighted deficiencies in balance reconciliation processes and a lack of documentation regarding MSME trade payables. The Secretarial Audit also raised a governance concern regarding the tenure of Mr. Nikhil Saran Mathur, noting his continuation as an Independent Director exceeded regulatory limits.
Management Response
The company stated that it has cleared the NSE outstanding dues as of May 6, 2026, and is actively strengthening its internal control mechanisms. The Board maintains that it is enhancing documentation processes to address vendor classification and reconciliation gaps.
What to track next
Investors should monitor the outcome of the September 26 AGM, specifically the appointment of new Independent Directors and updates on the company’s efforts to improve internal audit compliance. Stabilizing revenue streams and resolving governance irregularities remain critical for the company’s outlook.