Audited Financial Results for quarter and year ended March 31, 2026 along with Auditor''s Report with unmodified Opinions
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Crysdale Industries Ltd (formerly Relson India Ltd) reported audited financial results for FY 2025-26. Standalone revenue from operations was Rs. 4.30 lakhs, down from Rs. 4.56 lakhs in the prior year. The company posted a standalone net loss of Rs. 22.96 lakhs, compared to a loss of Rs. 19.09 lakhs in FY 2024-25 — losses widened by about 20% year-on-year. Basic EPS stood at Rs. -1.39 per share (consolidated: Rs. -1.40). Operating cash outflow for the year was Rs. 54.68 lakhs (standalone), a significant deterioration from a cash inflow of Rs. 1.53 lakhs in the prior year. Long-term borrowings rose sharply to Rs. 81.61 lakhs from near-zero previously. The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated financial statements. One subsidiary (Wergreen Industries Pvt Ltd) was unaudited but considered immaterial.
The company is loss-making with shrinking revenue and negative operating cash flow, which raises concerns about near-term financial viability despite a clean auditor opinion. The sharp rise in debt and cash burn are red flags for shareholders.