Unaudited Financial Results for the Quarter ended 30.06.2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 28 Jul 2026, 03:34 PM IST · BSE ID: ef0c8657-3cf4-450e-9853-2a37bf8d789c
View Original BSE Filing (PDF)
💡
In Simple Terms
Everlon Financials announced a profit for the first quarter, appointed a new director, and changed its auditors.
🤖 AI Summary
- Everlon Financials reported a Q1 FY27 net profit of Rs. 281.20 Lakhs, against a net loss of Rs. (40.95) Lakhs in Q1 FY26.
- Revenue from operations was Rs. 111.97 Lakhs for the quarter ended June 30, 2026.
- Mr. Sanjay Rasiklal Dholakia was appointed as an Additional Independent Director for a term of five years, effective July 28, 2026.
- M/s. Panchal S K & Associates were approved as new Statutory Auditors for a three-year term, replacing M/s. B.L. Dasharda & Associates.
- The 37th Annual General Meeting will be held on Wednesday, September 16, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit/(Loss) for the period (Q1 FY27)
281.20 Lakhs
Not comparable — limited prior period data.
Revenue from operations (Q1 FY27)
111.97 Lakhs
Not comparable — limited prior period data.
Total Expenses (Q1 FY27)
(178.95) Lakhs
Not comparable — limited prior period data.
Basic Earnings per share (Q1 FY27)
4.54
Not comparable — limited prior period data.
🏢 How This Affects the Company
The company's reported Q1 FY27 revenue from operations of Rs. 111.97 Lakhs, indicates ongoing business activity in trading in shares, dividend, and interest on advances.
The shift to a net profit of Rs. 281.20 Lakhs in Q1 FY27 from a loss in the prior year period positively affects the company's earnings.
The appointment of a new Independent Director and reconstitution of committees ensures compliance with corporate governance requirements, potentially enhancing board oversight.
The change in Statutory Auditors from M/s. B.L. Dasharda & Associates to M/s. Panchal S K & Associates introduces a new external audit firm, subject to shareholder approval.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are required to approve the appointment of Mr. Sanjay Rasiklal Dholakia as Independent Director and M/s. Panchal S K & Associates as Statutory Auditors at the upcoming 37th Annual General Meeting.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, including the reported Q1 FY27 net profit of Rs. 281.20 Lakhs. Those whose email addresses are registered will receive AGM notice electronically.
🔍
Management Signal
The Board's actions signal an intent to strengthen governance through the appointment of an Independent Director and to ensure compliance with regulatory audit requirements by appointing new Statutory Auditors.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
37th Annual General Meeting on September 16, 2026, for shareholder approvals.
Q2 FY27 financial results to assess consistency of profitability.
Outcome of shareholder voting on new director and auditor appointments.
MEDIUM RISK
The company reported a full-year net loss in FY26, indicating historical instability despite the current quarter's profit.
💡 Investor Takeaway
Everlon Financials reported a Q1 FY27 net profit of Rs. 281.20 Lakhs, a turnaround from a net loss of Rs. (40.95) Lakhs in Q1 FY26. Revenue from operations for Q1 FY27 was Rs. 111.97 Lakhs. The Board approved new Statutory Auditors and an Independent Director for defined terms.
⚖️ Strengths & Concerns
✅ Positives
- Reported a net profit of Rs. 281.20 Lakhs for Q1 FY27, a turnaround from a net loss of Rs. (40.95) Lakhs in Q1 FY26.
- Revenue from operations increased to Rs. 111.97 Lakhs in Q1 FY27 from Rs. 64.30 Lakhs in Q4 FY26.
⚠️ Concerns
- Total Expenses of Rs. (178.95) Lakhs for Q1 FY27 included a negative change in inventories of Rs. (281.84) Lakhs.
- The company recorded a net loss of Rs. (665.67) Lakhs for the full year ended March 31, 2026.
📅 Company Track Record
Everlon Financials reported a net loss of Rs. (665.67) Lakhs for the full year ended March 31, 2026, despite a 25.64% revenue growth. Prior to this, Q1 FY26 also showed a net loss of Rs. (40.95) Lakhs. The company operates as a registered NBFC since December 2022.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Everlon Financials' net profit for the quarter ended June 30, 2026?
Everlon Financials reported a net profit of Rs. 281.20 Lakhs for the quarter ended June 30, 2026.
What was Everlon Financials' revenue from operations in Q1 FY27?
Revenue from operations for Everlon Financials was Rs. 111.97 Lakhs for the quarter ended June 30, 2026.
Who was appointed as an Additional Independent Director for Everlon Financials?
Mr. Sanjay Rasiklal Dholakia (DIN: 11831235) was appointed as an Additional Independent Director with effect from July 28, 2026, for a term of five years.
Which firm has been approved as the new Statutory Auditors for Everlon Financials?
M/s. Panchal S K & Associates (FRN: 145989W) has been approved as the new Statutory Auditors for a term of 3 consecutive years, replacing M/s. B.L. Dasharda & Associates.
When is the 37th Annual General Meeting of Everlon Financials scheduled?
The 37th Annual General Meeting of Everlon Financials is scheduled for Wednesday, September 16, 2026.
Questions based on this BSE filing only. For information purposes.