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SatchlTIo
Holdings Limited
October 30, 2026 Ref.: SATCHMOj018j2026-27
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 Second Quarter
ended on 30th September, 2026 along with the Limited Review Report.
We herewith enclose the Unaudited Standalone and Consolidated Financial Results of the
Company for the Second quarter ended on 30th September, 2026 as approved by the Board of
Directors together with the Limited Review Report as submitted by the Statutory Auditors.
The meeting commenced at 15.30 Hrs on Friday, October 30,2026 and concluded at 17:10
Hrs on Friday, October 30, 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, Bangaiore - 560001.
Tel: +91-080-2227 2220, W: satchmoholdings.in, Email: info@satchmoholdings.in
KAMG &A SSOCIATES
AE ·350, Salt Lake. Sector-I, KO/kata ·700064
Office> +91-33· 23591111/23592222
CHARTER£I) ACCOlJNTANTS
E·mail > CA@kamg.in.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 and half year ended September 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 and six months ended
September 30, 2026 ("the Statement"), being submitted by the Company pursuant to the
requirement of Regulation 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' (Ind AS 34)
prescribed under Section 133 of the Companies Act, 2013 read with relevant rules 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.
4. Based on our review conducted as stated in paragraph 3 above, except for the matters indicated
below under Paragraph 5 on 'Emphasis of Matter', nothing has come to our attention that causes
Offices in Mumbai, New Delhi, Chennai
KAMG &A SSOCIATES
CHARTERED ACCOUNTANTS
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 ofthe Companies Act, 2013 as amended, read with relevant rules issued
thereunder and other accounting principles generally accepted in India, have 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. Emphasis of Matter is drawn to the following matters disclosed in the Notes of the Statement:
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 audit evidence 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 obtained.
b. 'No Dues Certificate' (NDC) from HDFC Ltd. has not been obtained for a settlement of Rs.
1554 lakhs paid by the Company. The Management had assured 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 ofHDFC 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 1257
lakhs. As informed the Company had obtained a Stay Order from the Kamataka High Court
in this regard.
Our conclusion is not modified in respect of the above matters.
Other matters
a. A new wholly owned subsidiary company - Satchmo Services Private Limited was
incorporated on 21 January 2026. This company is primarily engaged in business relating
to facilities management and allied services. The name of "SATCHMO SERVICES
PRIVATE LIMITED" has been now changed to "REDSOX SERVICE COMPANY
KAMG & ASSOCIATES
CHARTEUD ACCOllNTANTS
PRlVATE LIMITED", with effect from 13th October 2026. The related formalities regarding
change of name have been complied as per the requirement of the Ministry of Corporate
Affairs.
For KAMG & ASSOCIATES
Chartered Accountants
(Firm's Registration No. 311027E)
Partner
Membership No. 056720
UDIN: 26056720JTPXUX8104
Place: Bengaluru
Date: October 30, 2026
Satchmo Holdings Limited
Satchn10
Regd. Office: No. 110, A wing, Levell Andrews Building, M.O.Road Bangalore KA 560001 IN
elN: L930001\.A2004PLC033412, website - www.satchmoholdings.in Holdin!:. Limited
Phone Number: +91 8022272220
ANNEXlJRE A : FINANCIAL RESliLT S
STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESllLTS FOR THE QllARTER AND SIX MONTHS ENDED 30 SEPTEMBER 2026
(11, illiakhs etccl'l HI'S;
Quarter ended Six Months Period ended
Preceeding Corresponding Year to date Year to date Previous year
3 months 3 months 3 months figures for figures for ended
SI,No Particulars ended ended ended current period previous period 31-Mar-2026
30-Sep-2016 ended ended
30-Jun-1026 30-Sep-2015
30-Sep-1026 30-Sep-2025
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
I Income
(a) Revenue from operations 4 119 885 123 893 2,999
(b) Other Income, net 2 7 105 9 211 504
Total Income 6 126 990 132 1,104 3,503
2 Expenses
(a) Land, construction and facility managemeut cost H 170 30 203 38 475
(b) Changes in Inventories of Finished goods, work in - - - - - -
progress & Stock in Trade
(c) Employee benefits expense 184 195 160 379 327 717
(d) Finance costs 3 4 - 7 · 4
(e) Depreciation and amortization expense 10 10 2 20 5 23
(f) Other Expenses 186 124 184 310 347 881
Total Ex )f,'nses 416 503 376 919 717 2,100
3 Profit/CLoss) before exceptional items and tax (1-2) (410) (377) 614 (787) 387 1,403
4 Exceptional items, nel ·Income/(Expense) 37 - 3,040 37 3,040 1,04,528
5 Profit/CLoss) before tax (3+4) (373) (377) 3,654 (750) 3,427 1,05,931
6 Tax expenses
i) Tax for previous years - - - - · .
ii) Current Tax - - - - · .
iii) Deferred tax . . . - · -
7 Profit/fLoss) after tax for the period (5-6) (373) (377) 3,654 (750) 3,427 1,05,931
8 Other Comprehensive In
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