Ind Agiv Commerce Ltd (517077)
Latest quarterly results (Q3 FY26)
In its latest reported quarter, Q3 FY26, Ind Agiv's revenue was ₹0.1 Cr (-92.9% year on year, -83.3% on the previous quarter), and net profit ₹-0.0 Cr (a smaller loss than a year earlier); the operating margin was -16.7%.
| Q3 FY26 (₹ Cr) | Value | YoY vs Q3 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.1 | -92.9% | -83.3% |
| Operating profit | ₹-0.0 | loss narrowed | loss narrowed |
| Net profit | ₹-0.0 | loss narrowed | loss narrowed |
| EPS (₹) | -0.07 | loss narrowed | loss narrowed |
| Operating margin | -16.7% | — | — |
📢 Recent Corporate Announcements
Ind Agiv Commerce resubmitted its Q1 FY27 (quarter ended June 30, 2026) standalone and consolidated financial results to attach the proper Limited Review Report. The company reported standalone revenue from operations of Rs Nil and a net loss of Rs 10.76 lakhs (consolidated net loss of Rs 11.49 lakhs). The auditor issued a qualified opinion highlighting overdue borrowings of Rs 8.35 crore across NBFCs, including Rs 7.78 crore overdue to Redfort Capital Finance which is classified as NPA and currently under arbitration proceedings. The company also faces unpaid statutory dues of Rs 17.89 lakhs and lacks an audit trail feature in its accounting software.
- Standalone and consolidated revenue from operations for Q1 FY27 was Rs Nil compared to Rs 157.00 lakhs and Rs 163.62 lakhs in Q1 FY26
- Net loss for Q1 FY27 stood at Rs 10.76 lakhs on a standalone basis and Rs 11.49 lakhs on a consolidated basis
- Total outstanding overdue loans and penal charges to NBFCs stood at Rs 8.35 crore (Rs 8,35,44,270)
- Redfort Capital Finance loans totaling Rs 7.78 crore are classified as NPA and pending under Delhi High Court arbitration
- Statutory dues provided but unpaid stood at Rs 17.89 lakhs (Rs 17,88,606), primarily comprising TDS of Rs 17.36 lakhs
Ind Agiv Commerce Limited has appointed Mr. Ravi Bhushan Prasad as Company Secretary, Compliance Officer, and Key Managerial Personnel effective September 22, 2026. Mr. Prasad has over 4 years of secretarial practice experience and holds ICSI membership ACS67940. This appointment fulfills statutory requirements under Section 203 of the Companies Act, 2013, and SEBI LODR Regulation 6. Financially, the micro-cap company remains distressed with FY26 revenue of Rs 2.06 Cr and negative net worth of Rs -7 Cr.
- Appointment effective date: September 22, 2026
- Mr. Ravi Bhushan Prasad holds ICSI Membership No. ACS67940
- Candidate brings over 4 years of professional experience in corporate secretarial practice
- Board meeting commenced at 4:30 P.M. and concluded at 4:45 P.M. (15 minutes duration)
Ind Agiv Commerce Limited has appointed Mr. Ravi Bhushan Prasad as Company Secretary, Compliance Officer, and Key Managerial Personnel effective September 22, 2026. Mr. Prasad has over 4 years of secretarial practice experience and holds ICSI membership ACS67940. This appointment fulfills statutory requirements under Section 203 of the Companies Act, 2013, and SEBI LODR Regulation 6. Financially, the micro-cap company remains distressed with FY26 revenue of Rs 2.06 Cr and negative net worth of Rs -7 Cr.
- Appointment effective date: September 22, 2026
- Mr. Ravi Bhushan Prasad holds ICSI Membership No. ACS67940
- Candidate brings over 4 years of professional experience in corporate secretarial practice
- Board meeting commenced at 4:30 P.M. and concluded at 4:45 P.M. (15 minutes duration)
Ind Agiv Commerce Limited has appointed Mr. Ravi Bhushan Prasad as Company Secretary, Compliance Officer, and Key Managerial Personnel effective September 22, 2026. Mr. Prasad has over 4 years of secretarial practice experience and holds ICSI membership ACS67940. This appointment fulfills statutory requirements under Section 203 of the Companies Act, 2013, and SEBI LODR Regulation 6. Financially, the micro-cap company remains distressed with FY26 revenue of Rs 2.06 Cr and negative net worth of Rs -7 Cr.
- Appointment effective date: September 22, 2026
- Mr. Ravi Bhushan Prasad holds ICSI Membership No. ACS67940
- Candidate brings over 4 years of professional experience in corporate secretarial practice
- Board meeting commenced at 4:30 P.M. and concluded at 4:45 P.M. (15 minutes duration)
Ind Agiv Commerce reported consolidated total income of ₹2.82 cr (₹282.27 lakhs) and a net loss of ₹1.26 cr (₹125.86 lakhs) for FY26. Statutory auditors issued a qualified opinion, highlighting unprovided delayed interest costs of ₹3.51 cr (₹350.72 lakhs); adjusting for this widens the net loss to ₹4.76 cr. The company also faces an Income Tax lien on its Axis Bank account and reported defaults in statutory dues payments. Consolidated net worth remains deeply negative at -₹2.00 cr (worsening to -₹5.51 cr post-adjustments).
- Consolidated FY26 Total Income reported at ₹282.27 lakhs (₹2.82 cr)
- Reported consolidated FY26 net loss of ₹125.86 lakhs; adjusted net loss widens to ₹476.48 lakhs
- Auditor flagged unprovided interest cost of ₹350.72 lakhs under qualified opinion
- Axis Bank account remains under lien with Income Tax Recovery authorities
- Consolidated net worth stands negative at -₹200 lakhs (unadjusted) and -₹551 lakhs (adjusted)
Ind Agiv Commerce reported consolidated total income of ₹282.27 Lakhs for FY26 with a reported net loss of ₹125.86 Lakhs, which expands to a net loss of ₹476.48 Lakhs after audit qualifications. The statutory auditors issued a qualified opinion due to unprovided delayed interest costs of ₹350.72 Lakhs, an Income Tax recovery lien on its Axis Bank Bangalore account, and defaults on statutory dues. Following the audit adjustments, consolidated net worth stands deeply eroded at negative ₹551 Lakhs and adjusted EPS dropped to -₹15.58.
- Consolidated revenue stood at ₹282.27 Lakhs (₹2.82 Cr) for FY26.
- Adjusted consolidated net loss widened by ₹350.62 Lakhs to ₹476.48 Lakhs after factoring in unprovided interest costs.
- Adjusted consolidated EPS deteriorated to -₹15.58 compared to reported -₹4.11.
- Company bank account at Axis Bank Bangalore is under lien by Income Tax Recovery authorities.
- Consolidated net worth plunged to negative ₹551 Lakhs (₹-5.51 Cr) after audit qualifications.
Ind Agiv Commerce Ltd has scheduled a meeting of its Board of Directors on August 27, 2026, at 02:00 PM. The board will review, adopt, and approve the standalone and consolidated audited financial results for the financial year ended March 31, 2026. The announcement is a routine compliance intimation prior to financial result declaration. The company has a market cap of ₹7 crore and reported negative net worth of ₹-7 crore.
- Board meeting scheduled on August 27, 2026 at 02:00 PM
- Meeting agenda is the adoption of standalone and consolidated audited financial reports for March 31, 2026
- Notice issued under short period intimation on August 24, 2026
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