We herewith enclose the unaudited Standalone and Consolidated Financial Results of the Company for the First Quarter ended on 30th June 2026 as approved by the Board of Directors together ....
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 24 Jul 2026, 06:27 PM IST · BSE ID: feb36bbf-81d8-46da-8783-8b590b03d20c
View Original BSE Filing (PDF)
💡
In Simple Terms
The company recorded a loss of Rs. 377 lakhs in the first quarter, with auditors flagging several unresolved financial and compliance issues.
🤖 AI Summary
- Satchmo Holdings reported a standalone net loss of Rs. (377) lakhs for the quarter ended June 30, 2026.
- Revenue from operations stood at Rs. 119 lakhs for Q1 FY27, up from Rs. 8 lakhs in Q1 FY26.
- Basic EPS was Rs. (0.26) for the quarter, compared to Rs. (0.16) in the prior year's corresponding quarter.
- Auditor's report included five emphasis of matter points, reiterating critical issues from previous filings.
- Key emphasis points include disputed liability of Rs. 1928 lakhs and pending HDFC settlement of Rs. 1554 lakhs.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit/(Loss) after tax
(377) lakhs
Not comparable — limited prior period data.
Revenue from operations
119 lakhs
Not comparable — limited prior period data.
Basic EPS
(0.26) Rs.
Not comparable — limited prior period data.
Disputed Liability (Long Island Project)
1928 lakhs
HDFC Settlement Pending
1554 lakhs
Outstanding VAT Dues
1259 lakhs
🏢 How This Affects the Company
The auditor's emphasis on non-recognition of revenue for services provided on the Long Island Project, coupled with the pending final settlement, impacts future revenue potential from this project.
The reported net loss of Rs. (377) lakhs for Q1 FY27 further extends the company's loss-making trend, impacting its financial performance metrics. The disputed liability of Rs. 1928 lakhs and unpaid VAT of Rs. 1259 lakhs remain on the books.
Non-renewal of the 'Rio' project's RERA registration since March 31, 2019, indicates an ongoing compliance issue impacting its real estate operations.
The emphasis of matter points, including the Rs. 1928 lakhs disputed liability, Rs. 1554 lakhs HDFC settlement pending, Rs. 1259 lakhs unpaid VAT, and unverified disbursements, indicate significant financial and regulatory risks for the company.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported net loss of Rs. (377) lakhs and the unresolved emphasis of matter points, which reflect on the company's financial health and operational integrity.
🔍
Management Signal
The management's presentation of these results, alongside the auditor's emphasis, indicates ongoing challenges in resolving significant legacy financial disputes and compliance issues.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — monitor progress on disputed liabilities and HDFC settlement.
Updates on RERA compliance status for the 'Rio' project.
Disclosure on resolution of Rs. 19.74 lakhs unverified disbursements.
HIGH RISK
Multiple, significant, and persistent auditor emphasis points indicate material financial and regulatory risks.
💡 Investor Takeaway
Satchmo Holdings reported a standalone net loss of Rs. (377) lakhs for Q1 FY27, against Rs. (227) lakhs in Q1 FY26. The auditor's review noted Rs. 1928 lakhs in disputed project liability, Rs. 1554 lakhs in pending HDFC settlement, and Rs. 1259 lakhs in unpaid VAT, all unresolved from previous periods.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from operations increased to Rs. 119 lakhs in Q1 FY27 from Rs. 8 lakhs in the corresponding period of the previous year.
- The segment 'Investment and trading in equities' contributed Rs. 119 lakhs to segment revenue for the quarter.
⚠️ Concerns
- Satchmo Holdings reported a net loss of Rs. (377) lakhs for Q1 FY27, widening from a loss of Rs. (227) lakhs in Q1 FY26.
- Auditors highlighted a disputed liability of Rs. 1928 lakhs, pending HDFC settlement of Rs. 1554 lakhs, and unpaid VAT of Rs. 1259 lakhs.
📅 Company Track Record
Satchmo Holdings' audited FY26 results flagged six critical audit matters, including Rs. 1,928 lakhs disputed project liability, Rs. 1,259 lakhs unpaid VAT, and Rs. 1,554 lakhs HDFC settlement pending. The current Q1 FY27 filing reiterates these as emphasis of matter issues, indicating their unresolved status.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Satchmo Holdings' standalone net profit/loss for Q1 FY27?
Satchmo Holdings reported a standalone net loss of Rs. (377) lakhs for the first quarter ended June 30, 2026.
What was Satchmo Holdings' revenue from operations in Q1 FY27?
Revenue from operations for Satchmo Holdings was Rs. 119 lakhs for the quarter ended June 30, 2026.
What significant financial matters did the auditor emphasize in the Q1 FY27 review report?
The auditor emphasized a disputed liability of Rs. 1928 lakhs for the Long Island Project, a pending HDFC Ltd. settlement of Rs. 1554 lakhs, and outstanding VAT dues amounting to Rs. 1259 lakhs.
Are there any compliance issues noted in Satchmo Holdings' Q1 FY27 filing?
Yes, the company has not renewed the registration of project 'Rio' under RERA since March 31, 2019, indicating non-compliance.
What was the Basic EPS for Satchmo Holdings in Q1 FY27?
The Basic EPS for Satchmo Holdings in Q1 FY27 was Rs. (0.26).
Questions based on this BSE filing only. For information purposes.