BSEResult24 Jul 2026 · 24 Jul 2026, 06:27 pm

We herewith enclose the unaudited Standalone and Consolidated Financial Results of the Company for the First Quarter ended on 30th June 2026 as approved by the Board of Directors together ....

Satchmo Holdings Ltd · 533202

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Satchmo Holdings Ltd has released its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, with the auditor's review report highlighting several matters of emphasis, including disputed liabilities, non-renewal of project registration, and outstanding dues.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern6/10
Regulatory Risk4/10
Balance Sheet Risk7/10
Liquidity Impact5/10
Market Sentiment4/10

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Satchmo Holdings Ltd - 533202 - Unaudited Standalone And Consolidated Financial Results For The First Quarter Ended On 30Th June 2026 Along With The Limited Review Report

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SatchlllO Holdings Limited July 24,2026 Ref.: SATCHMOj013j2026-27 BSE Limited (Stock Code: 533202) Floor 25, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-400 001 Dear Sir j Madam, Sub: Unaudited Standalone and Consolidated Financial Results for the First Quarter ended on 30th June, 2026 along with the Limited Review Report. We herewith enclose the Unaudited Standalone and Consolidated Financial Results of the Company for the First quarter ended on 30th June, 2026 as approved by the Board of Directors together with the Limited Review Report as submitted by the Statutory Auditors. The meeting commenced at 15.00 Hrs on Friday, July 24/ 2026 and concluded at 17:45 Hrs on Friday/July 24/2026. Request you to take the same on records. Encl.: As above Satchmo Holdings Limited CIN: L93000KA2004PLC033412 Regd Office: No. 110, A Wing, Levell, Andrews Building, M. G. Road, Bangalore - 560 001. Tel: +91-080-2227 2220, W: satchmoholdings.in, Email: info@satchmoholdings.in KAMG & ASSOCIATES AE • 350, Salt Lake, Sector-I, Kolkata ·700 064 Office> +91·33-23591111/23592222 CHARTERED ACCOUNTANTS E-mail> CA@kamg.ln .Website > www.kamg.in Auditor's Review Report on standalone unaudited financial results ofSatchmo Holdings Limited (the Company) Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended for the quarter ended June 30, 2026. INDEPENDENT AUDITOR'S REVIEW REPORT ON STANDALONE UN-AUDITED FINANCIAL RESULTS The Board of Directors Satchmo Holdings Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results of SATCHMO HOLDINGS LIMITED ("the Company") for the quarter ended June 30, 2026 ("the Statement"), being submitted by the Company pursuant to the requirement of ReguJation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, 'Interim Financial Reporting' (lnd AS 34) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules [ including Companies (Indian Accounting Standards) Rules, 2015 as amended] issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on these financial statements based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial results are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Offices in Mumbai, New Delhi, Chenna; KAMG & ASSOCIATES CHARTERED ACCOUNTANTS 4. Based on our review conducted as stated in paragraph 3 above, apart from the matters indicated below under Paragraph 5 on 'Emphasis of Matter', nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ("Ind AS") specified under section 133 oft he Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulation, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. Your kind attention is drawn to the following matters on which we lay our Emphasis: a. Final settlement is pending for Long Island Project where the Company has been rendering maintenance service due to which there is a Disputed Liability of Rs. 1928 lakhs. Revenue has not been recognised since financial year ended 3151 March 2025 on account of the said services provided to the customer. Sufficient appropriate evidence for our review relating to the disputes with the aforesaid customer leading to non-recognition of revenue relating to services rendered and the process of reconciliation and the progress of the same are yet to be submitted. b. 'No Dues Certificate' (NDC) from HDFC Ltd. is yet to be obtained by the Company for a settlement ofRs. 1554lakhs paid by the Company. The Management had assured during the Statutory Audit for the Year ended 3151 March 2026 that the NDC will be obtained within a short period of time as the matter stands settled. The Management has also asserted that there is no amount payable by the Company in the books of HDFC Ltd. c. The Company has not renewed the registration of project "Rio" under the provisions of the Real Estate (Regulation and Development) Act, 2016 since 31st March 2019, resulting in non-compliance under the relevant rules and regulations of the Real Estate (Regulation and Development) Act, 2016. d. The Company is yet to clear its old outstanding dues relating to VAT amounting Rs 1259 lakhs and the reasons thereof was not provided. e. Disbursements made by the Company during the quarter amounting Rs 19.741akhs whose purpose and details including the names of the payees could not be submitted by the management for our review and verification. Our conclusion is not modified in respect of the above matters. KAMG & ASSOCIATES CKARTERED ACCOUNTANTS Other matters a. A wholly owned subsidiary company - Satchmo Foods Private Limited was incorporated on 28th January 2025. b. A new wholly owned subsidiary company - Satchmo Services Private Limited was incorporated on 21 January 2026. This company is primarily doing business in facilities management and allied services and promoting the new business of all types of facility management services including but not limited to business support services, combined facilities support services. For KAMG & ASSOCIATES Chartered Accountants (Firm's Registration No.f 3i1ln027E )· (Amitabha N1),ogi) Partner Membersbip No. 056720 UDEN:26056720~PI~I6206 Place: Bengaluru Date: July 24, 2026 Satchmo Holdings Limited Regd. Office: No. 110, A wing, Level I Andrews Building, M.G.Road Bangalore KA 560001 IN CIN: L93000KA2004PLC0334 I 2, website - ~w.satchmoholdings. in lIoldiU1'::~ I.irnit"d Phone Number: +91 8022272220 ANNEXURE A: FINANCIAL RESULTS STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND THREE MONTHS ENDED 30 Jl.INE 2026 (II, in la/ch, except I-'I'S) For the quarter ended Year Ended Year to date figures for Preceeding 3 Corresponding 3 3 months eoded Previous year SI.No Particulars months ended months ended 30-Ju o(>o2026 eoded 31·Mar-2026 3O-JUD(>o202S 31-Mar-2026 Unaudited Audited Unaudited Audited I Income (a) Revenue from operations 119 1,791 8 2,999 (b) Other Income, net 7 186 106 504 Total Income 126 1,977 114 3,503 2 Expenses (a) Land, construction and facility management cost 170 429 8 475 (b) Employee benefits expellse 195 233 167 717 (c) Fi nance costs 4 4 4 (d) Depreciation and amortization expense 10 8 3 23 (e) Other Expenses 124 196 163 881 Total Expenses 503 870 341 2,100 3 Profit/CLoss) before exceptional items and tax (1-2) (377) 1,107 (227) 1,403 4 Exceptional items, net -[ncome/{Expense) 134 1,04528 5 Profit/floss) before tax (3+4) (377) 1,241 (227) 1,05,931 6 Tax expenses i) Tax for previous years - - - - ii) Current Tax - - - - iii) Deferred tax - - - - 7 Profit/CLoss) after tax for the period (5-6) (377) 1,241 (227) 1,05,931 8 Other COO1prehensi ve Income (i)Items that will not be reclassified to profit & loss - - - (ii) Remeas [Showing first 8,000 characters — download PDF for full document]