Board of Directors in their meeting held on 30th May, 2026 appointed Mr. Manish Bhagvandas Analkat, Cost Auditor for the FY 2026-27
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Angel Fibers Ltd reported audited standalone financial results for the half year and year ended March 31, 2026. Total revenue grew ~5.9% to Rs 21,557 Lakhs from Rs 20,361.47 Lakhs in FY2024-25. Profit After Tax surged ~43.5% to Rs 183.81 Lakhs from Rs 128.08 Lakhs, while Profit Before Tax nearly doubled to Rs 374.60 Lakhs from Rs 194.38 Lakhs. EPS improved to Rs 0.74 from Rs 0.51. The Board declared an unmodified audit opinion. Separately, the Board appointed Mr. Manish Bhagvandas Analkat as Cost Auditor for FY 2026-27 to comply with Section 148 of the Companies Act, 2013. Operating cash flow was strong at Rs 1,060.28 Lakhs, though debt-to-equity ratio stands at 1.19.
Strong bottom-line growth with PAT up ~43.5% and a clean audit opinion signals financial health. However, the appointment of a new cost auditor for the upcoming year is a routine compliance matter with no immediate share price impact.