Artemis ADR Marketplace Ltd (543286)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Artemis ADR's revenue was ₹0.2 Cr (-47.4% year on year, +11.1% on the previous half-year), and net profit ₹-0.7 Cr; the operating margin was -340.0%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹0.2 | -47.4% | +11.1% |
| Operating profit | ₹-0.7 | loss narrowed | loss widened |
| Net profit | ₹-0.7 | — | loss widened |
| EPS (₹) | -1.20 | — | loss widened |
| Operating margin | -340.0% | — | — |
📢 Recent Corporate Announcements
Artemis ADR Marketplace Limited submitted a revised outcome of its May 13, 2026 board meeting to correct the format of its Statement of Assets and Liabilities for the year ended March 31, 2026, which was previously not compliant with IND AS. The filing also reiterated the unmodified audit opinion on the FY26 standalone results. Additionally, it detailed the utilization status of its preferential issue, confirming receipt of ₹26.62 crore (75% of the total ₹35.49 crore issue) with no deviation reported in objects.
- Filing rectifies the Statement of Assets and Liabilities for the year ended March 31, 2026 to align with IND AS format
- Statutory auditor K. Singh & Associates issued an unmodified audit opinion for FY26 standalone results
- Preferential issue raised ₹26,61,60,000 upfront (75% of total ₹35,48,88,000 size) allotted on February 06, 2026
- Utilized ₹5.43 crore for Technology capex and ₹1.47 crore for ADR working capital, with nil deviation reported
Artemis ADR Marketplace Limited has dispatched the web link for its FY 2025-26 Annual Report to shareholders without registered email addresses. The company announced that its 14th Annual General Meeting (AGM) will be held via Video Conferencing on September 21, 2026. The electronic dispatch cutoff for registered shareholders was August 21, 2026. This is a standard statutory communication under SEBI LODR regulations.
- 14th AGM scheduled to be held on Monday, September 21, 2026 via Video Conferencing
- Web link to FY 2025-26 Annual Report dispatched to shareholders with unregistered emails
- Electronic notice dispatched to shareholders registered as of August 21, 2026
Artemis ADR Marketplace Limited (formerly Jetmall Spices and Masala Limited) has issued notice for its 14th Annual General Meeting scheduled for September 21, 2026. Key agenda items include adopting FY26 annual accounts, appointing M/s K Singh & Associates as statutory auditors for a four-year term till 2030, and ratifying the CA certificate regarding revenue bifurcation for its name and business change. Disclosures show FY26 revenue from operations declined 48.7% YoY to Rs 37.75 lakhs with a net loss of Rs 74.93 lakhs. Net worth expanded to Rs 34.45 crore driven by Rs 26.62 crore received towards share warrant application and securities premium.
- 14th AGM scheduled for Monday, September 21, 2026 at 12:30 PM IST via VC/OAVM.
- Proposed appointment of Statutory Auditor M/s K Singh & Associates for 4 consecutive years till 2030 AGM.
- Ratification of CA certificate confirming revenue bifurcation for the transition to Artemis ADR Marketplace Ltd.
- FY26 revenue dropped to Rs 37.75 lakhs vs Rs 73.55 lakhs in FY25, with inventory liquidated to Nil on shifting to a service business.
- Net worth increased to Rs 3,444.84 lakhs supported by Rs 2,661.60 lakhs from share warrant application money and premium.
Artemis ADR Marketplace Limited (formerly Jetmall Spices and Masala Limited) has submitted its Annual Report for FY 2025-26 and scheduled its 14th AGM for September 21, 2026. For FY26, revenue from operations fell 48.7% YoY to ₹37.75 lakhs from ₹73.55 lakhs in FY25, while net loss stood at ₹74.93 lakhs. Net worth rose 281.8% to ₹3,444.84 lakhs primarily due to ₹2,661.60 lakhs raised via share warrant application money and premium. The report also highlights a complete business shift toward services, liquidating all physical inventory to Nil.
- FY26 revenue from operations decreased ~49% YoY to ₹37.75 lakhs from ₹73.55 lakhs in FY25.
- FY26 net loss recorded at ₹74.93 lakhs compared to a loss of ₹74.48 lakhs in the prior year.
- Net worth expanded by 281.8% to ₹3,444.84 lakhs, bolstered by ₹2,661.60 lakhs from share warrants.
- Inventory was fully liquidated to Nil from ₹13.21 lakhs as the company transitioned out of spice trading into services.
- 14th AGM to be held via Video Conferencing on September 21, 2026.
Artemis ADR Marketplace Limited held a Board Meeting on August 27, 2026, approving the notice for its 14th Annual General Meeting (AGM) and the Board's Report for FY26. The company set September 14, 2026, as the cut-off date for shareholder e-voting eligibility. Additionally, the Board reviewed outstanding receivables recovery measures, noted the prior resignation of Manager Mr. Unni Krishnan Nair effective August 10, 2026, and approved the closure of an Axis Bank current account.
- Board approved convening the 14th Annual General Meeting via Video Conferencing
- Cut-off date for e-voting eligibility fixed as September 14, 2026
- Noted resignation of Mr. Unni Krishnan Nair, Manager, effective August 10, 2026
- Board deliberated on reconciliation and recovery of outstanding receivables
Artemis ADR Marketplace Ltd (formerly Jetmall Spices and Masala Limited) has announced the resignation of Mr. Unni Krishnan Nair from the position of Manager and Key Managerial Personnel (KMP) effective August 10, 2026. The resignation is attributed to personal reasons. This leadership change comes at a time when the company, with a market cap of Rs 61 Cr, is struggling with a TTM revenue of only Rs 1 Cr and a net loss of Rs 2 Cr. The company's operating profit margin stands at a significant negative 161.6%.
- Resignation of Mr. Unni Krishnan Nair as Manager and KMP effective August 10, 2026
- Company reported a TTM revenue of only Rs 1 Cr against a market cap of Rs 61 Cr
- Operating profit margin (OPM) remains deeply negative at -161.6% for the TTM period
- Promoter holding has fluctuated significantly, currently at 35.31% as of March 2026
- Stock has seen a 363.9% price return over the last 12 months despite negative earnings
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