INTEGRATED FILING — NBFC



General information about company

Scrip code 540648
NSE Symbol PALASHSECU
MSEI Symbol NOTLISTED
ISIN INE471W01019
Name of company PALASH SECURITIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 14-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 14-08-2026   15:00:00
End date and time of board meeting 14-08-2026   16:35:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable


Financial Results — NBFC

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations
(i) Interest Income 11.17 11.17
(ii) Dividend Income 0.00 0.00
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 0.00 0.00
(v) Net gain on fair value changes 19.95 19.95
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 0.00 0.00
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 31.12 31.12
Other income 8.75 8.75
Total income 39.87 39.87
2 Expenses
Cost of materials consumed 0.00 0.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 3.78 3.78
Finance costs 0.22 0.22
Depreciation, depletion and amortisation expense 0.82 0.82
Fees and commission expense 7.02 7.02
Net loss on fair value changes 0.00 0.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 0.00 0.00
(f) Other expenses
1 Administrative and other expenses 12.44 12.44
Total other expenses 12.44 12.44
Total expenses 24.28 24.28
3 Total profit before exceptional items and tax 15.59 15.59
4 Exceptional items 0.00 0.00
5 Total profit before tax 15.59 15.59
7 Tax expense
8 Current tax 3.64 3.64
9 Deferred tax (0.03) (0.03)
10 Total tax expenses 3.61 3.61
11 Net Profit Loss for the period from continuing operations 11.98 11.98
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method (158.52) (158.52)
15 Total profit (loss) for period (146.54) (146.54)
16 Other comprehensive income net of taxes 4,528.59 4,528.59
17 Total Comprehensive Income for the period 4,382.05 4,382.05
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (146.54) (146.54)
Total profit or loss, attributable to non-controlling interests 0.00 0.00
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 4,382.05 4,382.05
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
20 Details of equity share capital
Paid-up equity share capital 1,000.31 1,000.31
Face value of equity share capital 10 10
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations -1.46 -1.46
Diluted earnings per share from continuing operations -1.46 -1.46
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share -1.46 -1.46
Diluted earnings per share -1.46 -1.46
23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio
26 Disclosure of notes on financial results Textual Information(1)


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Text Block

Textual Information(1) Notes: 1. The figures of the last quarter for the previous year are the balancing figures between the audited figures in respect of full financial year ended 31st March 2026 and the published year to date reviewed figures upto the end of the third quarter ended 31st December 2025. 2. These consolidated financial results of Palash Securities Limited (the Holding Company) have been prepared in accordance with Indian Accounting Standards as per the Companies (Indian Accounting Standards) Rules, 2015 (as amended from time to time) notified under Section 133 of the Companies Act, 2013 and other relevant provisions of the Act and pursuant to Regulation 33 of SEBI (LODR) Regulation 2015, as amended. The consolidated financial results include results of the Holding Company and its four Subsidiaries (together referred to as the Group) and an Associate as under : Name of the company Country of Incorporation Equity interest as on (%) 30.06.2026 31.03.2026 30.06.2025 Champaran Marketing Company Limited * India 100.00% 100.00% 100.00% Hargaon Investment & Trading Company Limited * India 100.00% 100.00% 100.00% Hargaon Properties Limited # India 100.00% 100.00% 100.00% OSM Investment & Trading Company Limited * India 100.00% 100.00% 100.00% Morton Foods Limited India 44.95% 44.95% 51.37% * includes shares held by nominee shareholders # ownership through subsidiaries including nominee shareholders 3. During the previous year ended 31st March 2026, pursuant to completion of a Rights Issue by one of the Subsidiaries, Morton Foods Limited (MFL) in which the Holding Company did not participate, the aggregate shareholding of the Holding Company along with its subsidiaries in MFL reduced from 51.37% to 44.95%. Consequently, the Group ceased to have control over MFL with effect from 18th November 2025, and MFL ceased to be a subsidiary of the Holding Company from that date. The Group, upon loss of control, derecognized the assets and liabilities of MFL, derecognized non-controlling interest, and recognized the retained investment at its fair value as on the date of loss of control in accordance with Ind AS 110, Consolidated Financial Statements. Such treatment had resulted in a net gain of Rs. 2,413.64 lakhs which had been recognized under “Other Income” in the Consolidated Financial results for the previous year ended 31st March 2026. Subsequent to the loss of control, the retained investment of 44.95% in MFL, which is now an Associate, had been accounted for in accordance with Ind AS 28, Investments in Associates and Joint Ventures. 4. During the previous year ended 31st March 2026, pursuant to loss of control over MFL with effect from 18th November 2025, the business operations of MFL, which constituted the only separately identifiable operating segment of the Group, have ceased to be consolidated in accordance with Ind AS 110, Consolidated Financial Statements. Consequently, in accordance with the requirements of Ind AS 108, Operating Segments, the Group no longer has more than one reportable segment for the previous year ended 31st March 2026, with effect from such date. Accordingly, separate segment reporting is not applicable for the period after such date, as the Group’s operations now represent a single reportable segment. Comparative segment information has been presented in accordance with the segment structure prevailing in the respective earlier periods. 5. MFL is incurring losses, which has substantially eroded its net worth. However, based on the positive outlook of the Management towards the growth and the ability of the said associate to continue as a going concern in the foreseeable future, its financial information, consolidated above, for the quarter ended 30th June 2026, have been prepared on a going concern basis. 6. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 14th August, 2026. These results have been subjected to Limited Review by Statutory Auditors of the Company.




Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Investing Business 31.12 31.12
2 Food Processing Business 0.00 0.00
Total Segment Revenue 31.12 31.12
Less: Inter segment revenue 0.00 0.00
Revenue from operations 31.12 31.12
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Investing Business (142.71) (142.71)
2 Food Processing Business 0.00 0.00
Total Profit before tax (142.71) (142.71)
i. Finance cost 0.22 0.22
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax (142.93) (142.93)
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Investing Business 56,861.12 56,861.12
2 Food Processing Business 0.00 0.00
Total Segment Asset 56,861.12 56,861.12
Un-allocable Assets 0.00 0.00
Net Segment Asset 56,861.12 56,861.12
4 Segment Liabilities
Segment Liabilities
1 Investing Business 4,102.58 4,102.58
2 Food Processing Business 0.00 0.00
Total Segment Liabilities 4,102.58 4,102.58
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 4,102.58 4,102.58
Disclosure of notes on segments


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss 458334000 458334000
2 Share of Other Comprehensive Income in Associate -96000 -96000
Total Amount of items that will not be reclassified to profit and loss 458238000 458238000
2 Income tax relating to items that will not be reclassified to profit or loss 53.79 53.79
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 4,528.59 4,528.59