Announced Fri, 29 May · 21:55 IST

Submission of Standalone and Consolidated Financial Results for the Quarter and Year ended 31st March, 2026.

Pat Growth 25pctResults View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+3.9%1-day move
₹10.48
prior close
₹11.40
base price
After-mkt
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AI summary

Abate As Industries Ltd reported standalone PAT of ₹154.73 lakhs for FY26, nearly tripling from ₹54.33 lakhs in FY25 — a growth of ~185%. Consolidated PAT (before tax) stood at ₹1,270.36 lakhs vs ₹108.56 lakhs year prior. The company completed a major capital restructure: preferential allotment of ~7.38 crore shares (Feb 2025), a 1:1 bonus issue (Jul 2025), and authorised capital increase to ₹200 crore. The auditors (Mahesh C. Solanki & Co.) issued an unmodified (clean) opinion on both standalone and consolidated financials. Three subsidiaries and one associate were included in consolidation; subsidiary financials were reviewed by other auditors. Operating cash flow turned positive at ₹613.31 lakhs (consolidated), reversing the prior year's negative ₹71.18 lakhs. The company also appointed M/s. Sasi Vijayan & Rajan as internal auditor for FY27.

Likely market impact

Triple-digit PAT growth and positive operating cash flow are positive signals, but the massive equity dilution (share count increased ~15x via preferential allotment and bonus) significantly dilutes per-share metrics — EPS on standalone basis remains very low at ₹0.02. Investors should monitor per-share value creation.