Maitri Enterprises Ltd (513430)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Maitri Enterprises' revenue was ₹5.2 Cr (-25.3% year on year, -62.6% on the previous quarter), and net profit ₹-0.5 Cr (a smaller loss than a year earlier); the operating margin was -5.4%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹5.2 | -25.3% | -62.6% |
| Operating profit | ₹-0.3 | loss narrowed | to loss |
| Net profit | ₹-0.5 | loss narrowed | to loss |
| EPS (₹) | -1.05 | loss narrowed | to loss |
| Operating margin | -5.4% | — | — |
📢 Recent Corporate Announcements
Maitri Enterprises Limited has executed a corporate guarantee in favor of Bank of India for credit facilities up to ₹40 Crore sanctioned to Gayatri Infrastructure Limited (GIL). The guarantee is provided to finance the construction of the 'Maitri Elevate Scheme' project in Ahmedabad. This represents a substantial contingent liability of ₹40 Crore against Maitri's own market cap of ₹17 Crore and net worth of ₹6 Crore. The transaction involves related parties: Maitri holds 15.98% in GIL, and promoters/directors hold an additional 26.77% in GIL.
- Corporate guarantee executed for credit facilities up to ₹40,00,00,000 (₹40 Crore) in favor of Bank of India.
- Guarantee amount of ₹40 Crore is over 6.6x the company's net worth of ₹6 Crore and over 2.3x its market cap of ₹17 Crore.
- Borrower GIL is a related party, with Maitri Enterprises holding a 15.98% equity stake and promoter family holding 26.77%.
- Proceeds will be utilized to finance the construction of 'Maitri Elevate Scheme' at Motera, Ahmedabad.
Maitri Enterprises Limited has executed a corporate guarantee in favor of Bank of India for credit facilities up to ₹40 Crore sanctioned to Gayatri Infrastructure Limited (GIL). The guarantee is provided to finance the construction of the 'Maitri Elevate Scheme' project in Ahmedabad. This represents a substantial contingent liability of ₹40 Crore against Maitri's own market cap of ₹17 Crore and net worth of ₹6 Crore. The transaction involves related parties: Maitri holds 15.98% in GIL, and promoters/directors hold an additional 26.77% in GIL.
- Corporate guarantee executed for credit facilities up to ₹40,00,00,000 (₹40 Crore) in favor of Bank of India.
- Guarantee amount of ₹40 Crore is over 6.6x the company's net worth of ₹6 Crore and over 2.3x its market cap of ₹17 Crore.
- Borrower GIL is a related party, with Maitri Enterprises holding a 15.98% equity stake and promoter family holding 26.77%.
- Proceeds will be utilized to finance the construction of 'Maitri Elevate Scheme' at Motera, Ahmedabad.
Maitri Enterprises has submitted a clarification regarding a procedural delay in filing a separate Regulation 30 disclosure for key managerial changes approved on August 12, 2026. The board appointed Ms. Rajshree Jain as Company Secretary and Compliance Officer with effect from August 12, 2026. Additionally, CA Bunty Rajkumar Talreja was appointed as Internal Auditor for FY 2026-27, while M/s Nisarg Sharma & Associates was named Secretarial Auditor to fill a casual vacancy following the resignation of M/s SJV & Associates. The company stated that the oversight was inadvertent as the details were already captured in the board meeting outcome and XBRL submissions.
- Appointment of Ms. Rajshree Jain (ICSI Membership No. A80535) as CS and Compliance Officer effective August 12, 2026
- Appointment of CA Bunty Rajkumar Talreja as Internal Auditor for FY 2026-27 approved on August 12, 2026
- Resignation of Secretarial Auditor M/s SJV & Associates due to expiry of Peer Review Certificate
- Appointment of M/s Nisarg Sharma & Associates as Secretarial Auditor for FY 2025-26
- Clarification filed on August 22, 2026 for delay in separate Regulation 30 management change disclosure
Maitri Enterprises reported a mixed Q1 FY27 with revenue from operations at ₹5.20 Cr, a 15.7% decline compared to ₹6.17 Cr in the same quarter last year. However, the company turned profitable with a Net Profit of ₹0.19 Cr, recovering from a loss of ₹0.68 Cr in Q1 FY26. Sequentially, performance was weak as revenue dropped 61.8% from ₹13.61 Cr in the preceding March quarter. The board also appointed a new Company Secretary and replaced the Secretarial Auditor due to an expired peer review certificate.
- Revenue from operations stood at ₹5.20 Cr for the quarter ended June 30, 2026.
- Net Profit reached ₹0.188 Cr, a significant turnaround from a ₹0.68 Cr loss in June 2025.
- Total expenses reduced to ₹4.95 Cr from ₹7.09 Cr YoY, aided by lower material consumption costs.
- Earnings Per Share (EPS) improved to ₹0.43 from a negative ₹1.55 in the year-ago period.
- Appointed Ms. Rajshree Jain as Company Secretary and Compliance Officer effective August 12, 2026.
Maitri Enterprises Ltd has scheduled a board meeting for August 12, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The board will also consider the appointment of CA Bunty Rajkumar Talreja as the Internal Auditor for the 2026-27 fiscal year. This follows a fiscal year (FY26) where the company generated Rs 33.3 crore in revenue with a thin operating margin of 3.87%. The trading window for insiders has been closed since July 1, 2026, in compliance with SEBI regulations.
- Board meeting scheduled for August 12, 2026, to approve Q1 FY27 results.
- Appointment of CA Bunty Rajkumar Talreja as Internal Auditor for FY 2026-27 under consideration.
- Trading window for designated persons closed from July 1, 2026, until 48 hours after result declaration.
- Company reported a TTM revenue of Rs 33 crore against a small market cap of Rs 17 crore.
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