According to the latest financial results approved by JPT Securities Board of Directors on May 28, 2026, the company's financial crisis has deepened significantly with net loss widening to ₹673.88 lakh in FY26, compared to ₹20.00 lakh in the previous financial year. The company's total income plummeted to ₹10.47 lakh in FY26 from ₹42.01 lakh in FY25, while total expenses surged to ₹684.29 lakh, primarily driven by an impairment of investments amounting to ₹648.54 lakh. The company's equity turned negative at ₹(340.85) lakh, reflecting accumulated losses, while total assets contracted to ₹86.94 lakh from ₹725.63 lakh in the previous year.
Despite the annual deterioration, JPT Securities reported a consolidated net loss of ₹8.54 lakh in Q4 FY26, representing a significant improvement from the net loss of ₹0.22 crore recorded in the corresponding quarter of the previous year. The company's operational performance showed mixed results with no sales reported during the March 2026 quarter, compared to ₹0.10 crore sales in the same period last year. The quarterly results were approved by the Board of Directors on May 28, 2026, with the company's share of loss from associates, JPT Shares Services Private Limited, recorded at ₹0.31 lakh.
Statutory auditors M/s JMT & Associates Chartered Accountants issued an unmodified opinion on the audited financial results but emphasized material uncertainties regarding the company's ability to continue as a going concern. The auditors highlighted two significant factors indicating material uncertainty: inter-corporate deposits (ICD) of ₹6.49 crore have defaulted on principal and interest payments, with the company making 100% provisions for this in the previous quarter and classifying it as a loss asset per RBI prudential norms. Additionally, the company faces liquidity issues with outstanding statutory dues of ₹2.85 crore that are more than six months overdue. Management asserts that these liquidity issues are temporary and that loans and advances are recoverable in full.
The company's financial position has deteriorated significantly with total assets at ₹86.94 lakh as of March 31, 2026, compared to ₹725.63 lakh in the previous year. This reduction is largely due to loans decreasing from ₹600 lakh to zero and a decrease in other financial assets. The consolidated financial position mirrored this trend, with total assets at ₹86.66 lakh and negative equity of ₹(341.13) lakh. The company's operating profit margin (OPM) remained at 0% for both quarter and full year periods, while PBDT (Profit Before Depreciation and Tax) improved by 64% to ₹0.08 crore in Q4 FY2026 from ₹0.22 crore in Q4 FY2025.
