ASHIMASYNNSEAshima Limited· Textile ProductsMediumNeutral
Announced Sat, 23 May · 14:25 IST

Ashima Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat NegativeNegative Operating CashflowResults View source PDF

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AI summary

Ashima Limited reported its audited financial results for Q4 and full year ended March 31, 2026. The company posted a net loss of Rs. 2,164 lakhs on standalone basis and Rs. 2,030 lakhs on consolidated basis for FY2026. Standalone revenue from operations stood at Rs. 633 lakhs for Q4 and Rs. 692 lakhs for the full year. Consolidated revenue was higher at Rs. 1,201 lakhs for FY26 due to inclusion of subsidiary (Ashima Capital Management Limited). The company has negative EPS of Rs. 0.35 for standalone and Rs. 0.14 for consolidated operations. Operating cash outflows were negative at Rs. 4,094 lakhs for FY26. Statutory auditors Mukesh M. Shah & Co issued an unmodified (clean) opinion on both standalone and consolidated results. The company also reappointed Dhirubhai Shah and Co LLP as internal auditors for FY2026-27 and approved a postal ballot notice.

Likely market impact

The company is loss-making with negative operating cashflows, indicating stress on liquidity. However, the clean audit opinion means no going concern doubts were raised by auditors. Shareholders should monitor the company's turnaround plan given persistent losses.