Consecutive Commodities Ltd (539091)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Consecutive Commodities' revenue was ₹9.2 Cr (+62.8% year on year, -43.8% on the previous quarter), and net profit ₹1.2 Cr (+99.6% year on year); the operating margin was 16.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹9.2 | +62.8% | -43.8% |
| Operating profit | ₹1.5 | +248.3% | +89.2% |
| Net profit | ₹1.2 | +99.6% | +36.1% |
| EPS (₹) | 0.07 | +600.0% | +600.0% |
| Operating margin | 16.6% | — | — |
📢 Recent Corporate Announcements
Consecutive Commodities Limited has notified stock exchanges of its book closure dates ahead of its 44th Annual General Meeting (AGM). The Register of Members and Share Transfer Books will remain closed from September 14, 2026 to September 21, 2026 (both days inclusive). The cut-off date to determine shareholders eligible to participate in e-voting has been fixed as September 14, 2026, while the cut-off date for sending the AGM notice was August 21, 2026.
- Book closure scheduled from 14th September, 2026 to 21st September, 2026 (both days inclusive)
- Cut-off date for e-voting participation in 44th AGM fixed for 14th September, 2026
- Cut-off date for dispatching AGM notice was 21st August, 2026
- Filing made under Regulation 42 of SEBI LODR Regulations, 2015
Consecutive Commodities Limited has submitted its Annual Report for FY 2025-26 pursuant to Regulation 34 of SEBI LODR Regulations. The 44th Annual General Meeting (AGM) is scheduled to be held virtually on Monday, September 21, 2026, at 02:00 P.M. IST. Key resolutions include the adoption of FY26 financial statements and the appointment of M/s Kapil Kumar Aggarwal & Associates as Statutory Auditors for a 5-year term (FY 2026-27 to FY 2030-31) following the casual vacancy from the previous auditor's resignation. As of March 31, 2026, the company reported total equity of Rs 2,009.39 lakh against total debt of Rs 6.00 lakh.
- 44th AGM to be held on September 21, 2026 via Video Conferencing
- Total equity stood at Rs 2,009.39 lakh as of March 31, 2026 versus Rs 1,739.07 lakh as of March 31, 2025
- Total debt remained minimal at Rs 6.00 lakh with a gearing ratio of 0.00
- Proposed appointment of M/s Kapil Kumar Aggarwal & Associates as Statutory Auditors for a 5-year tenure (FY27 to FY31)
Consecutive Commodities Limited has submitted its Annual Report for FY 2025-26 and issued notice for its 44th Annual General Meeting (AGM) scheduled for September 21, 2026. The agenda includes the adoption of FY26 audited financial statements and the appointment of M/s. Kapil Kumar Aggarwal & Associates as Statutory Auditors for a 5-year term from FY 2026-27 to 2030-31, following a casual vacancy. As of March 31, 2026, the company reported total equity of Rs 2,009.39 Lakhs and total debt of Rs 6.00 Lakhs.
- 44th AGM convened for Monday, September 21, 2026, at 02:00 PM IST via Video Conferencing.
- Proposed appointment of M/s. Kapil Kumar Aggarwal & Associates as Statutory Auditors for a 5-year term (FY 2026-27 to FY 2030-31).
- Total equity stood at Rs 2,009.39 Lakhs as of March 31, 2026, compared to Rs 1,739.07 Lakhs as of March 31, 2025.
- Total debt remained minimal at Rs 6.00 Lakhs as of March 31, 2026, maintaining a gearing ratio of 0.00.
Consecutive Commodities Limited has approved the appointment of M/s. Kapil Kumar Aggarwal & Associates as Statutory Auditor to fill a casual vacancy caused by the resignation of M/s. S K Bhavsar & Co. The Board also recommended their appointment for a 5-year tenure spanning FY 2026-27 to FY 2030-31, subject to shareholder approval. The company will hold its 44th Annual General Meeting on September 21, 2026, via video conferencing to seek approval.
- Appointed M/s. Kapil Kumar Aggarwal & Associates (FRN: 008174C) as Statutory Auditor effective August 29, 2026
- Casual vacancy caused by the resignation of previous auditor M/s. S K Bhavsar & Co.
- Proposed a 5-year appointment term running from the 44th AGM to the 49th AGM in 2031
- 44th Annual General Meeting scheduled for Monday, September 21, 2026, at 02:00 PM IST
Consecutive Commodities Limited approved the appointment of M/s. Kapil Kumar Aggarwal & Associates, Chartered Accountants, as Statutory Auditor to fill the casual vacancy created by the resignation of M/s. S K Bhavsar & Co. w.e.f. August 29, 2026. The Board has also recommended their appointment for a 5-year term spanning FY 2026-27 to FY 2030-31, subject to shareholder approval at the upcoming 44th Annual General Meeting. The 44th AGM is scheduled to be held on September 21, 2026 via Video Conferencing.
- Appointed M/s. Kapil Kumar Aggarwal & Associates (FRN: 008174C) as Statutory Auditor w.e.f. August 29, 2026
- Casual vacancy caused by the resignation of outgoing auditor M/s. S K Bhavsar & Co. (FRN: 0145880W)
- Recommended regular tenure of 5 years from FY 2026-27 to FY 2030-31 from the 44th AGM to 49th AGM
- 44th Annual General Meeting scheduled for Monday, September 21, 2026 at 02:00 P.M.
Consecutive Commodities Limited approved the appointment of M/s. Kapil Kumar Aggarwal & Associates as Statutory Auditor to fill the casual vacancy caused by the resignation of M/s. S K Bhavsar & Co., effective August 29, 2026. The Board has also recommended their regular appointment for a 5-year tenure covering FY 2026-27 to FY 2030-31. Additionally, the company's 44th Annual General Meeting is scheduled to be held virtually on September 21, 2026.
- Appointment of M/s. Kapil Kumar Aggarwal & Associates (FRN: 008174C) to fill casual vacancy effective August 29, 2026
- Recommendation of a 5-year statutory auditor term spanning FY 2026-27 to FY 2030-31, subject to shareholder approval
- 44th Annual General Meeting convened for Monday, September 21, 2026 at 02:00 PM via VC/OAVM
- Peer review certificate of the incoming auditor is valid until June 30, 2028
Consecutive Commodities Limited has informed the exchanges that Ms. Shaifali Nehriya has resigned as the Company Secretary and Compliance Officer effective August 18, 2026. The resignation was tendered citing personal reasons and other commitments. She confirmed there are no other material reasons for her departure. The company will be required to appoint a replacement to fulfill statutory compliance obligations.
- Resignation of Ms. Shaifali Nehriya as Company Secretary and Compliance Officer effective August 18, 2026
- Departure attributed to personal reasons and other commitments
- Confirmation provided stating no other material reasons behind the resignation
Consecutive Commodities Limited announced that its statutory auditor, M/s. S K Bhavsar & Co., Chartered Accountants, has resigned effective August 14, 2026. The auditor was originally appointed on August 29, 2024, for a 5-year term starting from FY 2024-25. The stated reason for resignation is a recent change in company management combined with pre-existing professional commitments. The outgoing auditor confirmed there are no reporting concerns or fraud under Section 143(12) of the Companies Act, 2013.
- Resignation of Statutory Auditor M/s. S K Bhavsar & Co. effective August 14, 2026.
- Auditor served approximately 2 years of the 5-year tenure originally approved on August 29, 2024.
- Reason cited includes recent management changes and pre-existing professional commitments.
- Auditor confirmed no adverse remarks or fraud reporting under Section 143(12) of the Companies Act, 2013.
Consecutive Commodities has completed the allotment of 48.045 crore equity shares via a rights issue at Rs 1 per share. This exercise raised approximately Rs 48.05 crore, which is nearly 3.7x the company's current market capitalization of Rs 13 crore. The total paid-up capital has significantly increased from Rs 16.015 crore to Rs 64.06 crore. Given the company's current TTM revenue of Rs 0, this massive capital infusion represents a major structural change for the entity.
- Allotment of 48,04,50,000 fully paid-up equity shares at a price of Rs 1 per share
- Total fundraise aggregating to approximately Rs 48.05 crore
- Paid-up equity share capital increased from Rs 16.015 crore to Rs 64.06 crore
- Rights issue price of Rs 1.00 per share against a current market price of approximately Rs 1.10
- Issue was open from July 02, 2026, to July 31, 2026
Consecutive Commodities Limited has appointed Brickwork Ratings India Private Limited as the Monitoring Agency for its Rights Issue proceeds. This appointment is in compliance with Regulation 41 of the SEBI (ICDR) Regulations, 2018. The agency will oversee and report on the utilization of funds raised through the Rights Issue. Given the company's current TTM revenue of Rs 0 Cr and a small market cap of Rs 13 Cr, the oversight of new capital is a necessary governance step.
- Appointment of Brickwork Ratings India Private Limited as the SEBI-registered Monitoring Agency
- Compliance with Regulation 41 of SEBI (ICDR) Regulations, 2018
- Company currently reports TTM revenue and PAT of Rs 0 Cr
- Market capitalization stands at approximately Rs 13 Cr as of the announcement date
- Promoter holding remains stable at 24.16% as per March 2026 records
Consecutive Commodities reported a revenue of ₹9.22 cr for Q1 FY27, representing a 62.8% increase YoY from ₹5.66 cr, though it declined 43.8% sequentially. Net profit for the quarter stood at ₹1.20 cr, a significant improvement from ₹0.60 cr in the same period last year. However, the statutory auditor issued a severe 'Emphasis of Matter' noting that the company does not maintain a bank account in its own name. Additionally, the company operated without a GSTN during the period, and trade balances remain unverified by external parties.
- Revenue from operations reached ₹921.66 lacs (₹9.22 cr) for the quarter ended June 30, 2026.
- Net profit increased to ₹119.74 lacs (₹1.20 cr) compared to ₹59.97 lacs in the year-ago period.
- Purchases of stock-in-trade accounted for the bulk of expenses at ₹596.84 lacs.
- Auditor highlighted that the company does not maintain a bank account in its own name.
- The company lacked a GSTN during the audit period, requiring alternative verification of sales invoices.
Consecutive Commodities reported a 99.7% YoY increase in Net Profit to Rs 1.20 Cr for Q1 FY27, up from Rs 0.60 Cr in Q1 FY26. Revenue from operations grew 62.8% YoY to Rs 9.22 Cr, driven by agricultural trading activities. Despite the growth, the statutory auditor issued several 'Emphasis of Matter' notes, highlighting that the company does not maintain a bank account in its own name and lacked a GSTN during the audit period. Furthermore, trade receivables and payables remain unverified through external confirmations.
- Net Profit for the quarter ended June 30, 2026, reached Rs 1.20 Cr vs Rs 0.60 Cr YoY.
- Revenue from operations stood at Rs 9.22 Cr, representing approximately 71% of the company's current market capitalization in a single quarter.
- Auditor flagged that the company does not maintain a bank account in its own name.
- Trade receivables, payables, and loans/advances are pending comprehensive verification and external confirmation.
- The company operated without a GSTN during the audit period, requiring alternative verification for sales revenue.
Consecutive Commodities reported a significant jump in operations for Q1 FY27, with revenue reaching Rs 9.22 Cr compared to Rs 5.66 Cr in the same quarter last year. Net profit nearly doubled YoY to Rs 1.20 Cr from Rs 0.60 Cr. However, the statutory auditor raised severe governance concerns, noting that the company does not maintain a bank account in its own name and lacked a GSTN during the period. Additionally, trade receivables and payables remain unverified by external confirmations.
- Net Profit increased 99.7% YoY to Rs 1.20 Cr from Rs 0.60 Cr in June 2025
- Revenue from operations grew 62.8% YoY to Rs 9.22 Cr
- Quarterly revenue of Rs 9.22 Cr represents approximately 71% of the company's Rs 13 Cr market capitalization
- Auditor highlighted that the company does not maintain a bank account in its own name
- Trade receivables, payables, and loans/advances are pending comprehensive external verification
Consecutive Commodities Ltd has scheduled a board meeting for July 24, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing for the micro-cap investment company, which currently has a market capitalization of ₹12 Cr. Given the company's TTM revenue is reported at ₹0 Cr, the upcoming results will be scrutinized for any signs of operational revival. The promoter holding remains relatively low at 24.2%.
- Board meeting to be held on Friday, July 24, 2026, at 3:00 P.M.
- Primary agenda is to approve unaudited financial results for the quarter ended June 30, 2026.
- Company reports a TTM revenue of ₹0 Cr and a TTM PAT of ₹0 Cr.
- Market capitalization is small at ₹12 Cr with a high P/E of 111.0.
Consecutive Commodities Ltd has extended the closing date of its ongoing Rights Issue from July 24, 2026, to July 31, 2026. The extension aims to provide eligible shareholders more time to participate in the offering which originally opened on July 2, 2026. Consequently, the trading period for Renunciation of Rights Entitlements has also been extended to July 27, 2026. All other terms and conditions of the Letter of Offer remain unchanged.
- Rights Issue closing date extended by 7 days to July 31, 2026
- Renunciation period for Rights Entitlements extended from July 20 to July 27, 2026
- The Rights Issue originally opened for subscription on July 2, 2026
- Board meeting for the extension approval concluded within 15 minutes (01:30 PM to 01:45 PM)
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