Grandma Trading Reports Improved FY26 Performance

Revenue rose to Rs 53.32 lakh, while net losses narrowed to Rs 7.03 lakh.

Reader Takeaway: Revenue growth and reduced losses provide relief, but recovery hinges on critical pending NCLT capital restructuring.

What just happened

Grandma Trading & Agencies Ltd has released its FY26 results, showing a recovery in operational performance. The company’s revenue from operations surged to Rs 53.32 lakh, up from Rs 22.31 lakh in the previous year. Simultaneously, the company significantly cut its net loss to Rs 7.03 lakh, compared to a loss of Rs 145.38 lakh in FY25. The Board has also announced a leadership transition, appointing Mr. Avdhesh Chaurasiya as the new Whole-Time Director and CFO, following the resignation of Mr. Abhishek Ashar.

Why this matters

The reduction in losses and the move toward an unmodified auditor’s opinion mark a shift for the company. However, the business still operates with negative net worth. Investors are looking to the upcoming 45th Annual General Meeting on September 30, 2026, where the new leadership appointment will be tabled for shareholder approval.

What changes now

The company is awaiting NCLT approval for a share capital reduction scheme originally approved by shareholders in 2025. This move is designed to offset accumulated losses against paid-up equity, serving as a pillar for future financial stability.

Risks to watch

The primary risk remains the company's financial position, as it continues to carry negative net worth. Future viability depends on the successful execution of the capital reduction scheme and sustained operational growth in its core business and potential real estate opportunities.

Context metrics

Basic EPS improved to -0.01 in FY26 from -0.11 in FY25. The auditor’s report for this fiscal year is clean (unmodified), which is a notable improvement over the previous year's qualified opinion.