BSEAritas Vinyl LtdHighNeutral
Announced Tue, 26 May · 18:05 IST

Standalone Audited Financial Results for 31st March, 2026

Negative Operating CashflowResults View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹14.75
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AI summary

Aritas Vinyl Ltd reported revenue from operations of Rs. 10,090.34 Lakhs for FY2026, up 3.3% from Rs. 9,767.32 Lakhs in FY2025. Profit after tax grew 16% to Rs. 475.21 Lakhs from Rs. 409.58 Lakhs. However, the company reported a significant negative operating cash flow of Rs. 1,426.43 Lakhs despite reporting profit before tax of Rs. 570.24 Lakhs. Working capital pressures were evident with inventory increasing by Rs. 719.89 Lakhs and trade receivables rising by Rs. 62.93 Lakhs, while trade payables decreased by Rs. 1,170.37 Lakhs. The board also announced appointment of a new independent director and resignation of another. The statutory auditor issued an unmodified opinion.

Likely market impact

The stock may face pressure due to the stark disconnect between reported profits and negative operating cash flow, indicating potential earnings quality concerns. The substantial working capital outflows suggest liquidity stress despite healthy profit figures.