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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Corporate Merchant Bankers Ltd

Corporate Merchant Bankers Q2 FY26: Net Loss of (262.47) Lacs; Auditors Raise Concern on Unsecured Loans

RESULTS ▼ Concern Flagged HIGH RISK
📅 Filed on BSE: 31 Oct 2026, 06:26 PM IST  ·  BSE ID: 48ccd747-a1e9-41d0-bf04-d44e94559455
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a financial loss and its auditors noted concerns about significant unsecured loans lacking formal agreements.
🤖 AI Summary
  • Corporate Merchant Bankers Ltd reported a net loss of (262.47) Lacs for the quarter ended September 30, 2026.
  • The half-year ended September 30, 2026, recorded a net loss of (314.03) Lacs.
  • Statutory Auditors issued a qualified conclusion on unsecured loans aggregating Rs. 5181.80 Lacs due to lack of formal agreements.
  • Total income for Q2 FY26 was 228.16 Lacs, while total expenses reached 490.63 Lacs.
  • Basic earnings per equity share (continuing operations) for Q2 FY26 were (0.41) Rs.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit/(Loss) for Q2 FY26
(262.47) Lacs
Not comparable — limited prior period data.
Net Profit/(Loss) for Half Year FY26
(314.03) Lacs
Not comparable — limited prior period data.
Unsecured Loans as of Sep 30, 2026
Rs. 5181.80 Lacs
Total Revenue from Operations Q2 FY26
228.12 Lacs
Not comparable — limited prior period data.
Total Expenses Q2 FY26
490.63 Lacs
Not comparable — limited prior period data.
🏢 How This Affects the Company
💰
Financial Impact
The company's financial performance shows a net loss for the quarter and half-year, reducing retained earnings. The qualified audit opinion concerning unsecured loans introduces uncertainty regarding asset recoverability and liability terms.
⚠️
Risk Impact
The absence of formal loan agreements for Rs. 5181.80 Lacs in unsecured loans increases financial risk due to a lack of defined repayment terms, interest rates, and security. This qualified audit opinion highlights potential governance and compliance concerns.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the reported financial losses and the audit qualification on unsecured loans, which collectively impact the company's financial position and risk profile.
🔍
Management Signal
The Board's approval of results with a qualified audit conclusion signals an acknowledgment of the unsecured loan issue, which remains unresolved since the previous financial year.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q3 FY26 financial results — assess trends in profitability and expenses.
Management response to audit qualification — address unsecured loan agreements.
Any updates on unsecured loans — formalization or resolution status.
HIGH RISK Significant net losses combined with a recurring audit qualification on substantial unsecured loans indicate high financial and governance risks.
💡 Investor Takeaway
Corporate Merchant Bankers Ltd reported a net loss of (262.47) Lacs for Q2 FY26, contributing to a half-year net loss of (314.03) Lacs. The statutory auditors issued a qualified conclusion on unsecured loans totaling Rs. 5181.80 Lacs due to the absence of formal agreements, a recurring observation.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Net loss widened to (262.47) Lacs in Q2 FY26 from (51.56) Lacs in Q1 FY26, indicating deteriorating quarterly performance.
  • Auditors issued a qualified conclusion on Rs. 5181.80 Lacs in unsecured loans due to the absence of formal agreements, posing verification challenges.
📅 Company Track Record
Corporate Merchant Bankers Ltd reported a Q2 FY26 net loss of Rs. (262.47) Lacs, following a net loss of Rs. (51.56) Lacs in Q1 FY26. Prior filings also highlighted auditors qualifying loan agreements, indicating a persistent issue.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Corporate Merchant Bankers Ltd's net profit/loss for Q2 FY26?
Corporate Merchant Bankers Ltd reported a net loss of (262.47) Lacs for the quarter ended September 30, 2026.
What was the total income for Corporate Merchant Bankers Ltd in Q2 FY26?
Total income for Corporate Merchant Bankers Ltd in Q2 FY26 was 228.16 Lacs.
What audit concern was raised in Corporate Merchant Bankers Ltd's Q2 FY26 results?
Auditors issued a qualified conclusion regarding unsecured loans aggregating Rs. 5181.80 Lacs due to the absence of formal written loan agreements.
What is the half-year net profit/loss for Corporate Merchant Bankers Ltd for FY26?
The net loss for the half-year ended September 30, 2026, for Corporate Merchant Bankers Ltd was (314.03) Lacs.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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