Mahaveer Infoway reported a net profit of Rs 64.05 lakh for FY 2025-26, up from Rs 8 lakh in the previous year. The company announced its upcoming AGM on September 30, 2026, where shareholders will vote on key loan proposals and director reappointments. Investors should note auditor-flagged compliance gaps regarding trade licensing and internal audit systems, which management is actively addressing.
Mahaveer Infoway Posts FY26 Profit of Rs 64.05 Lakh
Net profit rose to Rs 64.05 lakh from Rs 8 lakh year-on-year, with basic EPS climbing to Rs 1.16.
Reader Takeaway: Profitability has significantly improved, yet shareholders must weigh regulatory non-compliance risks and pending licensing documentation.
What just happened
Mahaveer Infoway released its financial performance for FY 2025-26, showing a sharp rise in net profit. The company also announced that its Annual General Meeting (AGM) will take place on September 30, 2026, in Hyderabad. Alongside financial results, the company disclosed the resignation of Company Secretary Ms. Monika Ashish Rathi and proposed the reappointment of Managing Director Mr. Ashok Kumar Jain.
Why this matters
The company is seeking shareholder approval through a Special Resolution to provide financial support, including loans and guarantees, up to Rs 10 crore to related entities. This move follows internal disclosures regarding previous non-compliance with Section 185 of the Companies Act, which regulates loans to entities where directors have an interest.
Auditor Qualifications and Compliance
Auditors raised concerns regarding the lack of a trade license under the Telangana Shops and Establishments Act, 1988, and the absence of a formal internal audit system. Management stated they are in the process of rectifying the license status and defended the current internal oversight mechanisms as sufficient for the company's existing scale.
What to track next
Investors should monitor the outcome of the special resolution regarding related-party loans at the AGM and track the company’s progress in obtaining the required trade license and strengthening its internal audit framework.