Desi Farms India Ltd (507984)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Desi Farms' revenue was ₹0.1 Cr (-65.6% year on year, +10.0% on the previous quarter), and net profit ₹-0.4 Cr (a bigger loss than a year earlier); the operating margin was -436.4%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.1 | -65.6% | +10.0% |
| Operating profit | ₹-0.5 | loss widened | to loss |
| Net profit | ₹-0.4 | loss widened | to loss |
| EPS (₹) | -4.45 | loss widened | to loss |
| Operating margin | -436.4% | — | — |
📢 Recent Corporate Announcements
Desi Farms India Limited has dispatched reminder letters to shareholders holding shares in physical form to update their PAN, KYC details, and nomination. The move complies with SEBI circulars mandating updated records, failing which physical shareholders cannot lodge grievances or receive electronic corporate payouts. This is a purely procedural regulatory compliance requirement and has zero financial impact on the company's operational performance (TTM revenue of Rs 1 Cr).
- Dispatched KYC reminder letters to physical security holders pursuant to SEBI circular dated February 6, 2026
- Electronic payment mandates for dividend/interest effective from April 01, 2024 require complete KYC details
- Shareholders must submit Form ISR-1 and ISR-2 to Registrar MUFG Intime India Private Limited
- Non-compliant physical folios will be restricted from lodging grievances or availing RTA services
Desi Farms India Ltd has reported the immediate resignation of its statutory auditor, M/s A N K H & Associates, effective August 8, 2026. This governance change occurs while the company maintains a micro-cap valuation of ₹60 Cr despite a very low TTM revenue of just ₹1 Cr. The company is currently trading at an extreme P/E of 6020.0 and a P/B of 1505.0. The Board is expected to appoint a replacement to fill the casual vacancy in due course.
- Statutory Auditor M/s A N K H & Associates resigned effective August 8, 2026
- Company operates with a minimal TTM revenue of ₹1 Cr and TTM PAT of ₹0 Cr
- Current market capitalization stands at ₹60 Cr with a P/E ratio of 6020.0
- Resignation follows the SEBI Master Circular dated January 30, 2026
- Promoter holding has remained stagnant at 55.3% since June 2025
Desi Farms India Ltd reported zero revenue from operations for the quarter ended June 30, 2026, a sharp decline from ₹31.00 lakhs in the same quarter of the previous year. The company posted a net loss of ₹8.93 lakhs, compared to a net profit of ₹18.05 lakhs in Q1 FY26. Total expenses for the period were ₹8.93 lakhs, almost entirely comprised of 'Other Expenses' (₹8.84 lakhs). This total lack of revenue is a significant deterioration for a company with a ₹60 crore market cap.
- Revenue from operations fell to ₹0.00 from ₹31.00 lakhs in the year-ago quarter.
- Net loss of ₹8.93 lakhs recorded against a profit of ₹18.05 lakhs in June 2025.
- Total expenses stood at ₹8.93 lakhs, with 'Other Expenses' accounting for 99% of the cost base.
- Earnings Per Share (EPS) dropped to -0.90 from 1.82 YoY.
- The company reported zero 'Other Income' for the quarter, compared to ₹9.48 lakhs in the preceding quarter (March 2026).
Desi Farms India Ltd reported zero revenue from operations for the quarter ended June 30, 2026, a sharp decline from Rs 31.00 Lakhs in the same period last year. The company posted a net loss of Rs 8.93 Lakhs for the quarter, compared to a net profit of Rs 18.05 Lakhs in Q1 FY26. Total expenses were contained at Rs 8.93 Lakhs, primarily consisting of 'Other Expenses' amounting to Rs 8.84 Lakhs. This performance reflects a complete operational standstill during the quarter for a company with a Rs 60 Cr market capitalization.
- Revenue from operations fell to Rs 0.00 in Q1 FY27 from Rs 31.00 Lakhs in Q1 FY26
- Net loss of Rs 8.93 Lakhs recorded against a profit of Rs 18.05 Lakhs in the year-ago quarter
- Total expenses stood at Rs 8.93 Lakhs, with 'Other Expenses' accounting for 99% of the total spend
- Earnings Per Share (EPS) dropped to (Rs 0.90) from Rs 1.82 in June 2025
- The company reported zero 'Other Income' compared to Rs 9.48 Lakhs in the preceding March 2026 quarter
Desi Farms India Ltd has reconstituted its Audit, Nomination and Remuneration, and Stakeholders' Relationship Committees effective August 5, 2026. This change follows the resignation of Independent Director Mr. Om Narayan Singh. Mr. Ayush Munnalal Sharma, an Independent Director, has been inducted into all three committees and will chair the NRC and Stakeholders' Relationship Committee. These changes are procedural and ensure the company remains compliant with SEBI governance regulations.
- Reconstitution of 3 key board committees effective from August 5, 2026
- Induction of Mr. Ayush Munnalal Sharma as a member of Audit, NRC, and Stakeholders' Relationship Committees
- Mr. Sharma appointed as Chairman for both the Nomination and Remuneration and Stakeholders' Relationship Committees
- Action follows the resignation of Independent Director Mr. Om Narayan Singh on July 9, 2026
Desi Farms India Ltd has scheduled a board meeting for August 5, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap entity with a market capitalization of Rs 60 Cr and very low TTM revenue of Rs 1 Cr. In the preceding quarter (March 2026), the company reported a net loss of Rs 0.44 Cr on revenue of Rs 0.11 Cr. The trading window for insiders has been closed since July 1, 2026, as per regulatory requirements.
- Board meeting scheduled for August 5, 2026, to review Q1 FY27 performance.
- Trading window for securities has been closed since July 1, 2026.
- Company reported a negative operating profit margin of -49.1% on a TTM basis.
- Market capitalization stands at Rs 60 Cr against a TTM revenue of just Rs 1 Cr.
Desi Farms India Ltd has declared the non-applicability of Corporate Governance reporting for the quarter ended June 30, 2026. This exemption is granted under SEBI Regulation 15(2) for companies with paid-up equity capital under ₹10 crore and net worth under ₹25 crore as of the previous financial year-end (March 31, 2026). Given the company's small scale, with TTM revenue of just ₹1 crore and a market cap of ₹60 crore, this is a routine procedural filing. Investors should note that while this reduces compliance costs, it also means less frequent detailed governance disclosures.
- Exemption claimed under Regulation 15 of SEBI (LODR) Regulations, 2015 for the quarter ended June 30, 2026.
- Company meets the criteria of paid-up equity share capital not exceeding ₹10 crore.
- Net worth remains below the ₹25 crore threshold as of March 31, 2026.
- Exemption covers multiple regulations including 17 to 27, relating to board composition and committee meetings.
- TTM revenue stands at a minimal ₹1 crore against a market capitalization of ₹60 crore.
Desi Farms India Ltd has completed a massive preferential allotment of equity shares, CCPS, and CCDs to its promoter group and PACs. Promoter Sunil Kumar Shahi's holding increased from 5.47 lakh shares (55.30%) to 1.89 crore shares (57.62% of the expanded equity). The total equity share capital has jumped from 98.95 lakh shares to 3.28 crore shares, a 231% increase. Including convertible securities, the total diluted share capital will reach 4.12 crore shares, representing a significant capital infusion and potential for business scaling.
- Equity share capital increased from 98,95,900 to 3,28,14,180 shares post-allotment
- Promoter Sunil Kumar Shahi acquired 1,83,61,790 equity shares through preferential allotment
- Total diluted share capital stands at 4,12,28,736 shares including CCPS and CCDs
- 3% CCPS and 5% CCDs are convertible at a 1:1 ratio within 12-15 months
- Promoter group total holding (including PACs) reached 59.77% of post-allotment equity
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