Hexa Tradex Delisting Nears Completion Amidst Q1 FY27 Profit Turnaround

Consolidated Net Profit: ₹1.67 crore; Standalone Net Loss: ₹0.58 crore

Reader Takeaway: Near-complete delisting offers exit, but nil operating revenue signals investment focus.

What just happened

Hexa Tradex Limited has announced that its voluntary delisting process is substantially complete, with payments to shareholders finalized. The company has filed its final applications with both the BSE and NSE for approval. For the quarter ended June 30, 2026, Hexa Tradex reported nil revenue from operations on a standalone and consolidated basis. However, the company achieved a consolidated net profit of ₹1.67 crore, a significant turnaround from the consolidated net loss of ₹3.32 crore in the previous quarter (ended March 31, 2026).

Why this matters

The near-completion of the delisting process is the most significant event for existing shareholders, offering a potential exit route. The financial results highlight the company's operational status: it currently generates no revenue from core trading activities. The consolidated profit indicates that its investment activities and subsidiary, Hexa Securities and Finance Company Limited, are driving profitability, masking the lack of operational business.

The backstory

Hexa Tradex operates in trading and other activities, alongside investment and finance. Its consolidated results encompass the holding company and its subsidiary, Hexa Securities and Finance Company Limited. The company has historically focused on investment-driven activities, which is reflected in the consistent nil revenue from operations.

What changes now

With the delisting process in its final stages, the primary focus for investors and the company is obtaining the final regulatory approvals from the stock exchanges. The financial performance will continue to be driven by investment income and subsidiary results, rather than operational trading.

Risks to watch

The primary risk is the zero revenue from operations, indicating a lack of core business activity. Investors need to monitor the final exchange approvals for delisting and understand the value proposition solely from its investment portfolio and subsidiary.

Peer comparison

Companies focused primarily on investment activities, like holding companies or finance firms, often show similar revenue patterns. However, a direct comparison is difficult without knowing Hexa Tradex's specific investment portfolio and the financial health of its subsidiary.

Context metrics (time-bound)

For the quarter ended June 30, 2026:

• Standalone Net Loss: ₹0.58 crore
• Consolidated Net Profit: ₹1.67 crore
• Revenue from Operations: ₹0

For the quarter ended March 31, 2026:

• Standalone Net Loss: ₹0.62 crore
• Consolidated Net Loss: ₹3.32 crore

What to track next

Investors should closely track the final outcome of the delisting application with the BSE and NSE. Monitoring the performance of Hexa Securities and Finance Company Limited will also be crucial for understanding the company's future value.