Brijlaxmi Leasing & Finance Ltd
Please find attached Financial Result 31.03.2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 29 Jun 2026, 01:46 PM IST · BSE ID: da4ef0b0-5955-49ad-86bd-c48925bf8a2e
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its annual financial performance, but its auditors noted significant issues with its accounting practices.
🤖 AI Summary
- Brijlaxmi Leasing & Finance Ltd submitted audited financial results for the year ended March 31, 2026.
- The filing was for determination of the company's Large Corporate status as per SEBI Circular dated October 19, 2023.
- Outstanding long-term borrowings increased from Rs. 4.45 Crores at start to Rs. 8.34 Crores at year-end.
- The company's Net Worth stood at Rs. 6.89 Crores at the end of Financial Year 2026.
- Auditor issued a qualified opinion due to unconfirmed loan balances and non-recognition of interest income.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Outstanding long-term borrowings (start of FY26)
Rs. 4.45 Crores
Outstanding long-term borrowings (end of FY26)
Rs. 8.34 Crores
Incremental borrowing during FY26
Rs. 14.72 Crores
Net Worth (end of FY26)
Rs. 6.89 Crores
Turnover / Total income
283.56 lakh
Total Expenditure
197.55 lakh
Net Profit/(Loss)
66.17 lakh
🏢 How This Affects the Company
The financial results indicate a Net Worth of Rs. 6.89 Crores. The audit qualifications regarding non-recognition of interest income and non-compliance with Ind AS 19 suggest potential adjustments to reported financial figures.
The auditor's qualified opinion and emphasis of matter paragraphs highlight significant financial reporting risks, including unconfirmed balances in loans and advances, and non-compliance with Ind AS 19 and TDS provisions. This indicates internal control weaknesses.
👥 What This Means For Shareholders
✅
Action Required
No direct action required by shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the qualified audit opinion as it impacts the reliability and transparency of the company's financial reporting for FY26.
🔍
Management Signal
The filing, accompanied by a qualified audit report, indicates management's submission of statutory results despite significant identified accounting and compliance issues.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next financial results — observe if audit qualifications persist or are resolved.
Any communication from management addressing the audit findings specifically.
Review of statutory compliance status, including TDS and GST.
HIGH RISK
Multiple audit qualifications on fundamental accounting practices pose significant financial reporting risks.
💡 Investor Takeaway
Brijlaxmi Leasing & Finance Ltd's FY26 financial results show a Net Worth of Rs. 6.89 Crores and outstanding long-term borrowings of Rs. 8.34 Crores. The auditor issued a qualified opinion, citing issues such as unconfirmed loan balances, non-recognition of interest income, and non-compliance with Ind AS 19.
⚖️ Strengths & Concerns
✅ Positives
- Net Worth reported at Rs. 6.89 Crores at the end of the financial year 2026.
- Incremental borrowing during the year was Rs. 14.72 Crores, indicating financing activity.
⚠️ Concerns
- Auditor issued a qualified opinion due to non-recognition of interest income on loans and advances.
- Company did not comply with Ind AS 19 (Employee Benefits) and provisions of TDS under Income Tax Act.
❓ Frequently Asked Questions
What was Brijlaxmi Leasing & Finance Ltd's Net Worth at the end of FY26?
Brijlaxmi Leasing & Finance Ltd reported a Net Worth of Rs. 6.89 Crores at the end of the financial year March 31, 2026.
What were Brijlaxmi Leasing & Finance Ltd's outstanding long-term borrowings at the end of FY26?
The company's outstanding long-term borrowings at the end of the financial year March 31, 2026, stood at Rs. 8.34 Crores.
What was the incremental borrowing for Brijlaxmi Leasing & Finance Ltd during FY26?
Brijlaxmi Leasing & Finance Ltd's incremental borrowing during FY26 was Rs. 14.72 Crores.
Why did the auditor issue a qualified opinion for Brijlaxmi Leasing & Finance Ltd's FY26 results?
The auditor issued a qualified opinion due to unconfirmed balances in Loan & Advances, non-compliance with Ind AS 19, and non-recognition of interest income on loans.
Did Brijlaxmi Leasing & Finance Ltd issue debt securities during FY26?
No, Brijlaxmi Leasing & Finance Ltd reported Nil borrowings by way of issuance of debt securities during FY26.
Questions based on this BSE filing only. For information purposes.