Audited Financial Results for the quarter and financial year ended 31st March 2026
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Grand Foundry Ltd reported FY2026 revenue of Rs. 1,052.56 lakhs and a net profit of Rs. 18.13 lakhs, a turnaround from a loss of Rs. 68.06 lakhs in FY2025. The Q4 standalone showed a loss of Rs. 15.78 lakhs. Total assets increased dramatically to Rs. 1,336.72 lakhs from Rs. 0.54 lakhs, indicating significant new asset acquisition. The balance sheet shows negative equity of Rs. 545.34 lakhs with total borrowings of Rs. 1,237.51 lakhs. The statutory auditor M/s ANSK & Associates issued an unmodified (clean) opinion. Operating cash flow was negative at Rs. 54.91 lakhs for the year. EPS for FY2026 stood at Rs. 0.29 per share.
The company achieved a full-year turnaround to profitability, but the significant negative equity and high debt levels raise concerns about financial stability. The negative operating cash flow and Q4 loss suggest the turnaround may be fragile. Shareholders should monitor the company's ability to reduce debt and restore positive equity.