Lake Shore Realty FY26 Net Profit at Rs. 16.41 lakhs, down from Rs. 72.85 lakhs
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 19 Jun 2026, 02:09 PM IST · BSE ID: a6d329c3-5a83-4f31-9578-f5372f3637eb
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its annual financial results for March 2026, showing a decrease in profit and revenue.
🤖 AI Summary
- Board approved the Audited Financial Statements for the financial year ended March 31, 2026.
- Net Profit for the year ended March 31, 2026, was Rs. 16.41 lakhs.
- Total Revenue for FY26 stood at Rs. 131.46 lakhs.
- Company name changed from Mahaan Foods Limited to Lake Shore Realty Limited effective April 22, 2025.
- Business focus diversified to real estate, infrastructure, hospitality, education, healthcare, and industrial warehousing.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (FY26)
0.30 lakhs
Not comparable — limited prior period data.
Other Income (FY26)
131.16 lakhs
Total Revenue (FY26)
131.46 lakhs
Net Profit/(Loss) For the Year (FY26)
16.41 lakhs
Total Revenue (FY25)
135.80 lakhs
Net Profit/(Loss) For the Year (FY25)
72.85 lakhs
Paid Up Capital
3,50,07,000
🏢 How This Affects the Company
The company completed a significant change in its business focus during FY25, moving from dairy and pharma nutritional products to real estate and infrastructure development, which is now its primary operational area. Revenue from operations increased to Rs. 0.30 lakhs in FY26 from Rs. 0.00 lakhs in FY25, indicating early stages of revenue generation in its new core business.
Net Profit for FY26 decreased to Rs. 16.41 lakhs from Rs. 72.85 lakhs in FY25. Total Revenue also saw a reduction, moving from Rs. 135.80 lakhs in FY25 to Rs. 131.46 lakhs in FY26, primarily due to a decline in Other Income.
The company has appointed a new Managing Director, Ms. Bhairavi Chandrakant Goswami, and other key managerial personnel, indicating a re-organization of leadership aligned with its new business strategy.
The company is in the early stages of its new business model in real estate and infrastructure, which presents inherent risks associated with project development and market conditions. The decrease in profitability during this transition period suggests potential challenges in establishing the new business.
👥 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 company's financial performance, with Net Profit declining to Rs. 16.41 lakhs for FY26. The change in business strategy impacts the company's future earnings potential.
🔍
Management Signal
Management is focused on establishing the new real estate and infrastructure business, as evidenced by the business change, appointments, and future growth strategy outlined.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 financial results — monitor initial performance of new business segments.
Updates on new project acquisitions or collaborations in real estate/infrastructure.
Annual General Meeting minutes — review discussions on future strategy and board decisions.
MEDIUM RISK
The company has undergone a complete business model change, with early stage revenue generation in its new sector.
💡 Investor Takeaway
Lake Shore Realty reported Net Profit of Rs. 16.41 lakhs for the financial year ended March 31, 2026, a decrease from Rs. 72.85 lakhs in the prior year. Total Revenue stood at Rs. 131.46 lakhs for FY26.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from operations increased from Rs. 0.00 lakhs in FY25 to Rs. 0.30 lakhs in FY26, indicating initial revenue generation in the new business focus.
- Company completed a major business diversification and name change to Lake Shore Realty Limited effective April 22, 2025, strategically repositioning itself.
⚠️ Concerns
- Net Profit for FY26 decreased to Rs. 16.41 lakhs from Rs. 72.85 lakhs in FY25, representing a significant decline in profitability.
- Total Revenue decreased to Rs. 131.46 lakhs in FY26 from Rs. 135.80 lakhs in FY25, primarily driven by a fall in Other Income.
📅 Company Track Record
Lake Shore Realty Limited, formerly Mahaan Foods Limited, underwent a significant change in its nature of business during FY25. Effective April 22, 2025, the company diversified from dairy and pharma products to real estate, infrastructure, hospitality, education, healthcare, and industrial warehousing development.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Lake Shore Realty's Net Profit for the financial year ended March 31, 2026?
Lake Shore Realty reported a Net Profit of Rs. 16.41 lakhs for the financial year ended March 31, 2026.
What was Lake Shore Realty's Total Revenue for FY26?
The Total Revenue for Lake Shore Realty for the financial year ended March 31, 2026, was Rs. 131.46 lakhs.
Did Lake Shore Realty's business change during FY25-26?
Yes, Lake Shore Realty (formerly Mahaan Foods Limited) changed its business focus to real estate, infrastructure, and other development projects, effective April 22, 2025.
What was the Net Profit for Lake Shore Realty in the previous financial year, FY25?
The Net Profit for Lake Shore Realty for the financial year ended March 31, 2025, was Rs. 72.85 lakhs.
Questions based on this BSE filing only. For information purposes.