Square Four Projects India Ltd (526532) — FY26 Annual Report | 31 August 2026

· BSE 🔴 High Importance Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
34th Annual General Meeting scheduled for 24 September 2026 via VC/OAVM to approve audited financials and director re-appointment.
🔄 What Changed
Profit declined 56% YoY to ₹9.73 lakhs; revenue fell 26% to ₹38.43 lakhs; no dividend proposed; qualified audit opinion on investment valuation; material weakness in internal controls over fair valuation.
🔮 What's Next
Company plans to obtain statutory permissions to recommence real estate project activity and has infused fresh equity capital, but outlook remains uncertain due to suspended operations and reliance on promoter support.
💡 Investor Takeaway
Shareholders should note the company is debt-free but faces significant risks from unperformed investment valuations and lack of operational revenue, with no near-term financial improvement expected.

Square Four Projects India Limited's 2025-26 Annual Report shows a profit of ₹9.73 lakhs on revenue of [amount context mismatch] lakhs, down from ₹22.24 lakhs profit on ₹52.29 lakhs revenue in 2024-25. The company has no dividend proposed, maintains a debt-free position, and faces a qualified audit opinion due to unperformed fair valuation of ₹39.50 lakhs in investments. The 34th AGM is scheduled for 24 September 2026 via VC/OAVM. Key risks include concentration in related-party loans (93.99% of ₹556.52 lakhs), lack of operational revenue, and material weakness in internal controls over investment valuation. The company seeks shareholder approval for director re-appointment and audited financial statements.

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About Square Four Projects India Ltd (526532)

Realty · Realty · Listed on BSE

Market Cap: ₹16.34 Cr ROE: -1.5% ROCE: -1.1%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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