Audited Financial Results
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Apis India Ltd reported standalone revenue of Rs. 39,050.52 lakhs for FY26, up 11.46% from Rs. 35,034.96 lakhs in FY25. Standalone profit after tax grew 15.39% to Rs. 2,425.67 lakhs from Rs. 2,102.08 lakhs. Consolidated PAT was flat at Rs. 2,532.18 lakhs vs Rs. 2,533.65 lakhs, impacted by share of loss from associates. The Board approved appointment of S S Kothari Mehta & Co. LLP as new statutory auditors for 5 years and appointed Mr. Arun Kumar Mishra as National Sales Head. Statutory auditors issued unmodified opinion. The auditor's emphasis of matter highlights disputed trade receivables of Rs. 358.99 lakhs with expected credit loss provision of Rs. 720.85 lakhs, and delays in foreign exchange receipts of Rs. 524.03 lakhs against exports pending regulatory condonation.
Revenue and PAT growth are positive signals for shareholders, though the disputed trade receivables and FX compliance delays flagged by auditors warrant monitoring for potential write-offs or penalties.