Board of Directors of the Company in its Meeting held on 29th May, 2026, have transacted the following businesses: 1. Considered and approved the Audited Financial Results for the Quarter ....
BHANDARI · price
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Bhandari Hosiery Exports reported audited FY2026 results with total revenue of Rs 28,071.41 L (vs Rs 27,882.21 L in FY25), a marginal increase of 0.7%. Full-year profit after tax grew slightly to Rs 776.83 L from Rs 774.80 L, just 0.3% higher. However, Q4 showed a concerning decline with PAT falling 29% to Rs 188.60 L from Rs 266.33 L in Q4 FY25, despite flat revenue. The company raised Rs 929.07 L through a rights issue of 92.9 million shares (allotted March 23, 2026), increasing paid-up capital by 38.7% to Rs 3,329.56 L. The Board recommended a final dividend of Rs 0.01 per share (1% on Rs 1 face value), subject to shareholder approval. Statutory auditors Raj Gupta & Co issued an unmodified (clean) opinion, and M/s V.V. Bhalla & Co was appointed as internal auditors for FY2026-27.
The flat full-year earnings despite marginally higher revenue signals margin compression, and the significant EPS dilution from the recent rights issue (shares increased 39%) could weigh on the stock near-term despite healthy cash flow from operations turning positive at Rs 690.53 L.