BSEAgribio Spirits LtdHighNeutral
Announced Sat, 30 May · 17:42 IST

Submission of Audited (standalone & consolidated) financials for the year ended 31.03.2026

Revenue Growth 20pctNegative Operating CashflowResults View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹303.00
prior close
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AI summary

Agribio Spirits reported strong revenue growth with standalone revenue jumping 147% to Rs. 4,499.75 Lakhs from Rs. 1,818.98 Lakhs in the prior year. Standalone PAT grew modestly by ~8.8% to Rs. 124.48 Lakhs, while consolidated PAT rose ~9.9% to Rs. 402.72 Lakhs, boosted by share of profit from associate Agribiotech Industries (Rs. 250.95 Lakhs) and the newly acquired subsidiary Solkit Distillery. The board recommended a final dividend of Rs. 0.30 per share (3%). Standalone operating cash flow was deeply negative at Rs. -292.95 Lakhs due to large increases in loans and advances, though the consolidated figure turned positive at Rs. 387.83 Lakhs. An unmodified auditor opinion was issued with no qualifications.

Likely market impact

The massive revenue surge reflects new business from the subsidiary acquisition and possibly organic growth, but the sharp drop in standalone operating cash flow raises working capital efficiency concerns. The dividend payout signals management confidence, and pending merger with associate ABIL could be a future catalyst.