BSECompany Update2d ago · 23 Oct 2026, 05:55 pm

As per attched.

Onix Solar Energy Ltd · 513119

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Onix Solar Energy Ltd has replied to discrepancies in its financial results for the year ended March 31, 2026, stating that the company is taking necessary steps to reconcile the reported figures and rectify the discrepancies in the XBRL filings.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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Onix Solar Energy Ltd - 513119 - Reply To Discrepancies In Financial Results For The Year Ended March 31, 2026 - Onix Solar Energy Limited (Scrip Code: 513119)

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Onix Solar Energy Limited CIN No. : L35105MH1980PLC022118 (Formerly Known as ABC Gas (International) Limited) Date:23rd OCTOBER, 2026 The Corporate Rela￿onship Department The Bombay Stock Exchange Limited, P. J. Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code: 513119 ISIN: INE173M01012 Subject Reply to Discrepancies in Financial Results for the Year Ended March 31, 2026 – Onix Solar Energy Limited (Scrip Code: 513119) Dear Sir/Madam, With reference to your email regarding the discrepancies observed in the revised XBRL ￿lings dated September 7, 2026, in respect of the standalone and consolidated ￿nancial results and statements of assets and liabilities for the year ended March 31, 2026, we wish to submit the following clari￿cation. The Company, at its Board Meeting held on September 7, 2026, took note of certain changes in the ￿nancial ￿gures forming part of the ￿nancial results for the year ended March 31, 2026. Accordingly, the revised ￿nancial results were ￿led with the Stock Exchange through the XBRL utility. However, due to the aforesaid revisions, certain discrepancies arose between the data reported in the XBRL ￿lings and the corresponding ￿nancial results submitted in PDF format, including ￿gures relating to net pro￿t/loss, paid-up equity share capital, earnings per share (EPS), and the statement of assets and liabilities, for both standalone and consolidated ￿nancial results. In this regard, we are enclosing herewith the relevant ￿nancial results in PDF format for your ready reference and veri￿cation. The Company is taking the necessary steps to reconcile the reported ￿gures and rectify the discrepancies in the XBRL ￿lings, wherever required, to ensure consistency with the ￿nancial results approved by the Board of Directors. We regret the inconvenience caused and request you to kindly take the above clari￿cation and enclosed ￿nancial results on record. Thanking you. For, Onix Solar Energy Limited Piyush Savaliya Managing Director, DIN: 06464445 Reg. Office : A 308, 3rd Floor, Rustomjee Central Park, Andheri Kurla Road Chakala, onixsolarenergylimited@gmail.com +91 63581 28991 Andheri East, Mumbai, Maharastra, 400093 www.onixsolarenergy.com Corporate Office: P-212 B, Gate No. 2, Lodhika GIDC, Rajkot, Metoda, Gujarat, India – 360021 ONIX SOLAR ENERGY LIMITED CIN: L35105MH1980PLC022118 Reg Off: A-204, Rustomjee Central Park, Andheri Kurla Road, Chakala, Andheri East, Mumbai, Maharashtra - 400069 EMail: onixsolarenergylimited@gmail.com, website: www.onixsolarenergy.com STATEMENT OF STANDALONE AUDITED FINANCIAL RESULTS FOR THE QUARTER AND FINANCIAL YEAR ENDED 31st March, 2026 Rs.in Lakhs Half Year Quarter Ended on Year Ended ended on Particulars 31.03.2026 31.12.2025 31.03.2025 30.09.2025 31.03.2026 31.03.2025 Audited Un-Audited Audited Un-Audited Audited Audited I. Revenue from operations 7,029.54 1,612.24 2,327.00 8,846.68 15,721.85 2,938.53 II. Other Income 31.45 11.48 10.85 3 1.81 5 4.08 4 2.09 III. Total Revenue (I+II) 7,060.99 1,623.72 2,337.85 8,878.49 15,775.93 2,980.62 IV. Expenses: Cost of Material Consumed - - - - - Purchase of Stock -in- Trade 1 0,401.21 84.42 2,163.18 8,472.08 17,213.45 2,618.16 Changes in Inventories (Finished Goods, WIP, Stock-in-Trade) (6,452.35) - - - (6,452.35) 2 7.38 Employee Benefit Expenses 13.65 87.45 93.52 268.67 3 71.94 1 62.06 Finance Cost 4 .47 - 0.00 6 .50 1 1.17 - Depreciation and Amoritsation Expenses 0 .99 - 0.18 0 .23 0.99 0 .77 Other expenses 525.37 14.53 10.41 5 1.50 6 10.51 1 9.93 Total Expenses (IV) 4,493.34 186.41 2,267.29 8,798.98 11,755.71 2,828.30 V. Profit/(Loss) before Exceptional and Extraordinary Items and Tax (III-IV) 2,567.65 1,437.32 70.56 7 9.51 4 ,020.22 1 52.32 VI. Exceptional Items - - - - - - VII. Profit/(Loss) before Extraordinary Items and Tax (V-VI) 2,567.65 1,437.32 70.56 7 9.51 4 ,020.22 1 52.32 VIII. Extraordinary Items - - - - - - IX. Profit/(Loss) before Tax (V-VI) 2,567.65 1,437.32 70.56 7 9.51 4 ,020.22 1 52.32 X. Tax Expense: (1) Current Tax 1,000.00 - 8.83 6 0.00 1 ,003.75 8.86 (2) Deferred Tax - - ( 1.93) 1 .92 - (1.93) XI. Profit/(Loss) for the period from Continuing Operations (VII-VIII) 1,567.65 1,437.32 63.66 1 7.59 3 ,016.47 1 45.39 XII. Profit/(Loss) from Discontinued Operations - - - - - - XIII. Tax Expenses of Discontinued Operations - - - - - - XIV. Profit/(Loss) from Discontinued Operations (after tax) (X-XI) - - - - - - XV. Profit/(Loss) for the period (IX+XII) 1,567.65 1,437.32 63.66 1 7.59 3 ,016.47 1 45.39 XVI. Other Comprehensive Income A (i) Items will not be reclassified to Profit or Loss - - - - - - (ii) Income Tax relating to items that will not be reclassified to Profit or Loss - - - - - - B (i) Items will be reclassified to Profit or Loss - - - - - - (ii) Income Tax relating to items that will be reclassified to Profit or Loss - - - - - - Total Comprehensive Income for the period (XIII+XIV)(Comprising Profit XVII. (Loss) and other comprehensive income for the period) 1,567.65 1,437.32 63.66 1 7.59 3 ,016.47 1 45.39 Paid up Equity Share Capital (Face Value of the Share-Rs. 10 Per Share) 250.70 250.70 198.00 198.00 2 50.70 1 98.00 XVIII Earnings per Equity Share (1) Basic 6.25 5.73 0.32 0 .09 1 2.03 0.73 (2) Diluted 6.25 5.73 0.32 0 .09 1 2.03 0.73 On behalf of the Board For, Onix Solar Energy Limited Date :- 23.04.2026 Piyush Savalia Place :- Mumbai Managing Director DIN: 06464445 ONIX SOLAR ENERGY LIMITED CIN: L35105MH1980PLC022118 Reg Off: A-204, Rustomjee Central Park, Andheri Kurla Road, Chakala, Andheri East, Mumbai, Maharashtra - 400069 EMail: onixsolarenergylimited@gmail.com, website: www.onixsolarenergy.com BALANCE SHEET AS ON 31st March, 2026 (Amount in Lakhs) As at As at 31.03.2025 Sr. No. Particulars 31.03.2026 (In (In Rs.) Rs.) (Audited) (Audited) I. ASSETS 1 Non-current assets 1 ,715.05 3.02 Total Non-Current Asset 1 ,715.05 3 .02 2 Current assets (a) Inventory 6 ,452.35 - (b) Financial Asset - - (i) Investment 5 7,176.65 - (ii) Trade Receivable 9 ,039.26 3 1.32 (iii) Cash and Cash equivalent 2 .68 164.25 (iv) Bank Balance other than (iii) above 1 86.20 - (v) Loan - 3 71.59 (vi) Others (Advances) - - (c) Current Tax Assets (Net) - 4 0.10 (d) Other Current Asset 5 ,480.09 3 ,327.66 Total Current Asset 7 8,337.23 3 ,934.92 TOTAL ASSET 8 0,052.28 3 ,937.94 II. EQUITY AND LIABILITIES A Equity (a) Share Capital 2 ,507.02 198.00 (b) Reserves and Surplus 74,914.24 343.51 Total Equity 7 7,421.26 541.51 B Liabilities 1 Non-Current Liabilities (a) Financial Liabilities - - (i) Borrowings - - (c) Deferred tax liabilities / Asset - - (d) Othe Non-Current Liabilities 2 .41 - Total Non-Current Liabilities 2 .41 - 2 Current Liabilities (a) Financial liabilities (i) Borrowings - - (ii) Trade payables 1 ,503.05 8 6.68 (A) total outstanding dues of micro enterprises and small enterprises - - (B) total outstanding dues of Creditors other than micro enterprises and small enterprises 1,503.05 86.68 (b) Other Current Liabilities 7 9.76 3 ,269.55 (c) Provisions 1 ,045.80 4 0.20 (d) Current Tax Liabilities (Net) - - Total Current Liabilities 2 ,628.61 3 ,396.43 TOTAL EQUITY AND LIABILITIES 8 0,052.28 3 ,937.94 Notes :- TheaboveresultswereapprovedbyAuditCommitteeandbyBoardofDirectorsintheirmeeting held on 23rd April 2026 Theabovestatedresultshavebeenpreparedinaccordancewiththerecognitionandmeasurement 2 principles of applicable Indian Accounting Standards and notified under Compaines (Indian Accounting Standards) Rules, 2015 (as amended), specified under Section 133 of Companies Act, SegmentResultsasperASisnotapplicableasdealinginonlyonesegmenti.e."RenewableEnergy Sector Solar Module Products". NoInvestorComplaintswerereceivedduringthequarterended31-Mar-2026noranypendingason 31.03.2026 Figures for the previous period have been regrouped wherever considered necessary so as to confirm to the classification of the current period and to make them comparable. On behalf of the Board For, Onix Solar Energy Limited (cid:39)(cid:68)(cid:87)(cid:72) (cid:29)( [Showing first 8,000 characters — download PDF for full document]