Board approves unaudited Q2 and H1 FY27 results; auditor's review carries an Emphasis of Matter
Board of Sunshine Capital Ltd met on 23 October 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, along with the Limited Review Report.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Total income | 99.58 | 131.76 | −24.4% | 103.38 | −3.7% |
| Profit before tax | 150.66 | 62.60 | +141% | 101.54 | +48.4% |
| Profit after tax | 150.66 | 62.60 | +141% | 101.54 | +48.4% |
| Total comprehensive income | 150.66 | 62.60 | +141% | 101.54 | +48.4% |
| Basic EPS | 0.00 | 0.00 | — | 0.00 | — |
- Profit after tax YoY change
- +141%
- Period
- CURRENT QUARTER 01.07.2026 to 30.09.2026
Also decided at the meeting
- Board meeting originally scheduled for 22nd October, 2026 was postponed due to unavailability of the Statutory Auditor and held on 23rd October, 2026.
- Board noted Regulation 32 (statement of deviation) is not applicable as no shares were issued by public, rights or preferential issue.
Auditor's review
Conclusion: Unmodified
- Auditor states consolidated figures for the corresponding quarter and period have been approved by the Parent's Board but have not been subjected to review.
- Statement includes results of M/s Hologram Holdings Private Limited having 33.22% shares.
What the Board decided
The Board of Sunshine Capital Ltd met on Friday, 23 October 2026 from 04:00 P.M. to 04:30 P.M. at the registered office at 47/18, Rajendra Nagar, New Delhi. The meeting had been scheduled for 22 October 2026 and was postponed because the statutory auditor was not available to give the Limited Review Report. Two items were taken up: the unaudited financial results for the quarter and half year ended 30 September 2026 with the Limited Review Report, and a statement on Regulation 32 of SEBI (LODR) Regulations, 2015.
Results, standalone (figures printed in Rs. lakhs)
- "Total Income": 99.58 for the quarter ended 30.09.2026, against 131.76 in the corresponding quarter of the previous year and 103.38 in the previous quarter.
- "Profit (Loss) for the period from continuing operations": 150.66 for the quarter, against 62.60 in the corresponding quarter.
- For the six months ended 30.09.2026: "Total Income" 202.96 and "Profit (Loss) for the period" 252.20, against 370.69 and 3,151.79 respectively in the same six months of the previous year.
- "Impairment on financial instrument" is shown as (102.30) in the expense column for the quarter, that is, a credit that pulls total expenses down to (51.09); in the same quarter last year the line was (27.60).
- "Other Income": 1.86 for the quarter, against 18.37 a year earlier.
- Earnings per share for continuing operations: 0.00 basic and 0.00 diluted for the quarter and for the half year; the corresponding half year last year was 0.06.
Balance sheet and cash, standalone (Rs. lakhs)
- Total Assets 77,468.29 as at 30.09.2026, against 77,355.24 as at 31.03.2026; Total Equity 75,653.14 against 75,400.94.
- Investments 36,217.39, the same as 36,217.39 earlier; Loans 5,949.95 against 6,227.39; Inventories 34,410.86 against 34,080.74.
- Net cash from operating activities (282.56); net cash used in investing activities 277.44; net increase in cash and cash equivalents (5.12); cash and cash equivalents at end of period 9.81, against 782.31 a year earlier.
- The consolidated statements track the standalone ones closely: "Total Income" 99.58 for the quarter, "Profit (Loss) for the period" 150.66 and Total Assets 77,468.10.
Auditor's review
VRSK & Associates, Chartered Accountants, signed the Limited Review Report dated 23 October 2026. The opinion is expressed "subject to the matter given in Emphasis of matter", and the report states that nothing has come to their attention that causes them to believe the statement does not disclose the information required under Regulation 33 or that it contains any material misstatement. A review gives moderate assurance and is not an audit opinion.
Statement on Regulation 32
The Board recorded its view that Regulation 32 of SEBI (LODR) Regulations, 2015 is not applicable to the company, as it has not issued any share by way of Public Issue, Right Issue or Preferential Issue, etc. An undertaking to that effect is enclosed with the disclosure.
How to read this
This is the standard quarterly outcome disclosure: approval of results, the auditor's review report and a statement on Regulation 32. The quarter's profit line is higher than the same quarter a year earlier, while the half-year profit line is much lower than the previous half year, when the impairment and stock-in-trade lines were far larger.
Also from Sunshine Capital
RPT disclosure: Rs. 2,00,00,000/- borrowings approved by audit committee, NIL transacted in the half year
23 Oct 2026
Board meeting to approve Q2 results postponed by a day to 23 October
22 Oct 2026
Board meeting on 22nd October, 2026 to approve unaudited standalone and consolidated results
15 Oct 2026
More numbers
- Profit (Loss) for the period – H1 FY27 (standalone)252.20
- Profit (Loss) for the period – H1 FY26 (standalone)3,151.79
- Impairment on financial instrument – Q2 FY27 (standalone)(102.30)
- Total Assets as at 30.09.2026 (standalone)77,468.29
- Total income, latest quarter99.58 (₹ IN LAKHS)
- Total income, year-ago quarter131.76 (₹ IN LAKHS)
- Total income, previous quarter103.38 (₹ IN LAKHS)
- Total comprehensive income, latest quarter150.66 (₹ IN LAKHS)
- Total comprehensive income, year-ago quarter62.60 (₹ IN LAKHS)
- Total comprehensive income, previous quarter101.54 (₹ IN LAKHS)
- Profit after tax, latest quarter150.66 (₹ IN LAKHS)
- Profit after tax, year-ago quarter62.60 (₹ IN LAKHS)
- Profit after tax, previous quarter101.54 (₹ IN LAKHS)
- Profit before tax, latest quarter150.66 (₹ IN LAKHS)
- Profit before tax, year-ago quarter62.60 (₹ IN LAKHS)
- Profit before tax, previous quarter101.54 (₹ IN LAKHS)
- Revenue from operations, latest quarter-
- Revenue from operations, year-ago quarter-
- Revenue from operations, previous quarter-
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