Atharv Enterprises Ltd (530187)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Atharv Enterprises' net interest income was ₹0.9 Cr (+259.9% year on year), and net profit ₹0.0 Cr (-0.4% year on year).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Net interest income | ₹0.9 | +259.9% | — |
| Operating profit | ₹0.1 | — | — |
| Net profit | ₹0.0 | -0.4% | -0.4% |
| EPS (₹) | 0.00 | -100.0% | -100.0% |
📢 Recent Corporate Announcements
The Board of Atharv Enterprises approved the appointment of M/s Shweta Jain & Co LLP as statutory auditor for a 5-year term spanning the 36th to 41st AGM. The board also approved the re-appointment of Managing Director Mr. Pramod Kumar Gadiya effective August 1, 2027, along with revisions in executive remuneration. Additionally, material related-party transactions were approved for commission payments to promoter relatives totaling Rs 36 lakh per annum (Rs 12 lakh to Punit Gadiya and Rs 24 lakh to Bhumi Gadiya), which represents ~9.4% of FY26 revenue (Rs 3.85 Cr).
- Appointment of M/s Shweta Jain & Co LLP as statutory auditor for a 5-year term from the 36th AGM to the 41st AGM.
- Re-appointment of Mr. Pramod Kumar Gadiya as Managing Director with effect from August 1, 2027.
- Approved commission of Rs 1,00,000 per month (Rs 12,00,000 p.a.) to relative of Director Punit Gadiya.
- Approved commission of Rs 2,00,000 per month (Rs 24,00,000 p.a.) to relative of Director Bhumi Gadiya, bringing combined RPT commissions to Rs 36 lakh p.a.
Atharv Enterprises held a board meeting on August 14, 2026, approving the re-appointment of Managing Director Pramod Kumar Gadiya (w.e.f. August 1, 2027) and Executive Director Vandana Pramod Gadiya, alongside revisions in their remuneration. The board also approved material related-party transactions for commission payments to director relatives: ₹12,00,000 p.a. (₹1,00,000/month) to Punit Gadiya and ₹24,00,000 p.a. (₹2,00,000/month) to Bhumi Gadiya. Combined, these related-party payouts total ₹36,00,000 p.a., representing ~9% of TTM revenue (₹4 Cr) and surpassing FY26 net profit (₹0.19 Cr). Additionally, the board approved the re-appointment of statutory auditor M/s. Shweta Jain & Co LLP for a 5-year term.
- Approved payment of commission to relative of director Punit Gadiya of Rs. 1,00,000 per month (Rs. 12,00,000 p.a.)
- Approved payment of commission to relative of director Bhumi Gadiya of Rs. 2,00,000 per month (Rs. 24,00,000 p.a.)
- Proposed re-appointment of Pramod Kumar Gadiya as Managing Director effective 01st August, 2027
- Approved re-appointment of statutory auditor M/s. SHWETA JAIN & CO LLP for a term of 5 consecutive years
Atharv Enterprises reported a marginal increase in net profit to ₹4.98 Lacs for Q1 FY27, up from ₹4.64 Lacs in the same quarter last year. Total income from operations saw a decline of 8.1% year-on-year, falling to ₹94.60 Lacs from ₹102.98 Lacs. The company's scale remains extremely small, with quarterly revenue representing approximately 23.6% of its TTM revenue of ₹4 Cr. Additionally, the board re-appointed M/s. B.B. GAGRANI & Co. as Internal Auditors for the 2026-27 financial year.
- Net Profit for Q1 FY27 stood at ₹4.98 Lacs, a 7.3% increase compared to ₹4.64 Lacs in Q1 FY26.
- Total Income from operations decreased to ₹94.60 Lacs from ₹102.98 Lacs in the year-ago period.
- Total Expenses for the quarter were reduced to ₹88.00 Lacs from ₹96.78 Lacs YoY.
- Paid-up equity share capital remains unchanged at ₹1,700 Lacs (17 crore shares of ₹1 each).
- Employee benefit expenses accounted for ₹34.39 Lacs, representing 39% of total quarterly expenditure.
Atharv Enterprises reported a marginal 7.3% YoY increase in net profit to ₹4.98 Lacs for the quarter ended June 30, 2026. However, total income from operations declined by 8.1% YoY to ₹94.60 Lacs compared to ₹102.98 Lacs in the previous year's corresponding quarter. The company managed to maintain profitability by reducing total expenses from ₹96.78 Lacs to ₹88.00 Lacs. Additionally, the board re-appointed M/s. B.B. GAGRANI & Co. as internal auditors for the 2026-27 financial year.
- Net Profit for Q1 FY27 stood at ₹4.98 Lacs vs ₹4.64 Lacs in Q1 FY26
- Total Income from operations decreased to ₹94.60 Lacs from ₹102.98 Lacs YoY
- Total Expenses were curtailed by 9.1% YoY to ₹88.00 Lacs
- Paid-up equity share capital remains unchanged at ₹1,700 Lacs
- Earnings Per Share (EPS) remains negligible at ₹0.00 for the quarter
Atharv Enterprises reported a marginal 7.3% YoY increase in net profit to Rs 4.98 Lacs for Q1 FY27, up from Rs 4.64 Lacs. However, total income from operations declined by 8.1% YoY to Rs 94.60 Lacs compared to Rs 102.98 Lacs in the same period last year. The company managed to maintain profitability by reducing total expenses from Rs 96.78 Lacs to Rs 88.00 Lacs. Additionally, the board re-appointed M/s. B.B. GAGRANI & Co. as internal auditors for the 2026-27 financial year.
- Net Profit for Q1 FY27 stood at Rs 4.98 Lacs, a slight increase from Rs 4.64 Lacs in Q1 FY26.
- Total Income from operations fell to Rs 94.60 Lacs from Rs 102.98 Lacs in the previous year's quarter.
- Total Expenses were reduced by 9.1% YoY to Rs 88.00 Lacs.
- Paid-up equity share capital remains unchanged at Rs 1,700 Lacs (Face Value Rs 1).
- Re-appointment of M/s. B.B. GAGRANI & Co. as Internal Auditor for FY 2026-27.
Atharv Enterprises Ltd has scheduled a Board of Directors meeting for July 22, 2026, to approve the unaudited standalone financial results for the quarter ended June 30, 2026. This is a routine regulatory filing under SEBI (LODR) Regulations, 2015. The company's trading window for designated persons has been closed since July 1, 2026, and will remain so until 48 hours after the results are published. Currently, the stock is trading at Rs 3.8 with a 12-month return of 2.2%.
- Board meeting scheduled for July 22, 2026, to approve Q1 FY27 results
- Financial results pertain to the quarter ended June 30, 2026
- Trading window closed from July 1, 2026, as per insider trading code
- Window to reopen 48 hours after the financial results are made public
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