Liqvd Digital India Limited cash reaches Rs 41.22 crore

Liqvd Digital India Limited reported Rs 41.22 crore in consolidated cash and cash equivalents at September 30, 2026, compared with Rs 3.15 crore at March 31, 2026, after receiving Rs 38.01 crore from share-capital issuance and securities premium during the half year.

How did Liqvd Digital’s consolidated cash change?

Liqvd Digital’s consolidated cash and cash equivalents rose by Rs 38.07 crore during the half year ended September 30, 2026, to Rs 41.22 crore from Rs 3.15 crore at the preceding financial year-end. The September closing balance is reported both in the consolidated balance sheet and the consolidated cash-flow statement.

The cash movement accompanied a Rs 44.87 crore increase in total consolidated assets. Total assets stood at Rs 102.70 crore at September 30, 2026, against Rs 57.83 crore at March 31, 2026. Cash and cash equivalents were therefore materially higher at the half-year date than at the prior year-end.

Liqvd Digital’s group accounts include Adlift Marketing Private Limited, identified in the filing as a subsidiary. The group cash balance of Rs 41.22 crore was Rs 3.06 crore above the standalone cash and cash-equivalents balance of Rs 38.17 crore reported by Liqvd Digital at September 30, 2026.

The consolidated cash components included Rs 40.96 crore held with banks, Rs 28.55 lakh in fixed deposits with original maturities of no more than three months, and Rs 27.62 lakh of cash on hand. At March 31, 2026, total consolidated cash and cash equivalents were Rs 3.15 crore.

What equity inflow supported Liqvd Digital’s cash increase?

Liqvd Digital recorded Rs 38.01 crore of gross equity-related proceeds in the half year ended September 30, 2026. This comprised Rs 3.61 crore from the issue of share capital and Rs 34.40 crore of securities premium on issued shares, according to the consolidated cash-flow statement.

The share-capital balance increased by Rs 3.61 crore to Rs 11.58 crore at September 30, from Rs 7.97 crore at March 31. Shareholders’ funds rose by Rs 39.02 crore over the same period, reaching Rs 73.21 crore from Rs 34.19 crore, while minority interest increased to Rs 2.51 crore from Rs 2.11 crore.

The equity inflow was not the only cash-flow item in the period. Liqvd Digital reported Rs 4.58 crore of net cash flow from operating activities and Rs 2.69 crore of net cash used in investing activities. Financing cash flows also included Rs 53.01 lakh of interest paid, Rs 17.61 lakh of long-term borrowing repayment and Rs 1.50 crore of short-term borrowing repayment.

The filing does not identify a designated use for the share-capital and securities-premium proceeds. It reports the Rs 41.22 crore closing cash position after operating, investing and financing movements, rather than disclosing an earmarked acquisition, project or capital-expenditure allocation.

How did consolidated profit compare with standalone profit?

Liqvd Digital reported consolidated profit before tax of Rs 2.16 crore for the half year ended September 30, 2026, compared with standalone profit before tax of Rs 31.06 lakh. The consolidated figure was Rs 1.85 crore higher than the parent-only result.

This comparison concerns profit before tax rather than profit after tax. The standalone cash-flow statement begins with Rs 31.06 lakh of profit before tax, while the consolidated cash-flow statement begins with Rs 2.16 crore before subsequent adjustments for non-cash items, finance costs and working-capital changes.

The consolidated operating cash-flow calculation included Rs 17.99 lakh of depreciation and amortisation, Rs 18.55 lakh of bad debts written off and Rs 63.01 lakh of interest expense. Liqvd Digital’s standalone calculation included Rs 7.26 lakh of depreciation and amortisation and Rs 62.19 lakh of interest expense.

The filing does not separately state the subsidiary’s revenue, profit or cash contribution. It establishes that Adlift Marketing Private Limited is included in consolidated results, but the difference between group and standalone profit before tax cannot by itself be treated as a standalone measure of the subsidiary’s profit contribution.

What else changed in Liqvd Digital’s balance sheet?

Liqvd Digital reported Rs 29.10 crore of consolidated trade receivables at September 30, 2026, alongside Rs 8.51 crore of other current assets and Rs 10.88 crore of short-term borrowings. These balance-sheet items sit alongside the Rs 41.22 crore cash position and affect the group’s reported current-asset and liability mix.

Consolidated goodwill was Rs 20.10 crore at both September 30 and March 31. Property, plant and equipment declined to Rs 72.22 lakh from Rs 81.40 lakh, while intangible assets fell to Rs 1.52 lakh from Rs 2.07 lakh over the same dates.

The consolidated cash-flow statement records a Rs 5.45 crore increase in trade receivables as an operating-cash-flow adjustment for the half year. It also records Rs 5.20 crore of decrease in provisions, Rs 2.23 crore of increase in trade payables and Rs 83.31 lakh of decrease in other current liabilities.

JMMK & Co., Chartered Accountants, reviewed the unaudited consolidated financial results under Standard on Review Engagements 2410. Its report dated November 12, 2026 said nothing had come to its attention that caused it to believe the statement had not made the disclosures required under Regulation 33 of the Securities and Exchange Board of India listing regulations; it also stated that a review is narrower in scope than an audit.

Conclusion

Liqvd Digital’s half-year accounts show that the Rs 38.01 crore equity-related inflow was the principal disclosed contributor to its increased group liquidity, lifting consolidated cash and cash equivalents to Rs 41.22 crore. The group also reported Rs 2.16 crore of profit before tax, exceeding the Rs 31.06 lakh standalone figure, while total assets increased to Rs 102.70 crore.

The next disclosures will show how Liqvd Digital’s Rs 41.22 crore cash balance changes alongside its Rs 29.10 crore receivables and Rs 10.88 crore short-term borrowings. The September filing does not set out a use-of-proceeds plan, making subsequent reporting on cash deployment and working-capital movements the unresolved matter to monitor.