Outcome of Board Meeting held on May 13, 2026.
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Black Rose Industries Ltd's Board approved standalone and consolidated audited financial results for FY2026 ended March 31, 2026. Standalone revenue from operations stood at Rs 32,301.40 lakhs (down from Rs 33,734.12 lakhs in FY2025), with net profit of Rs 2,249.61 lakhs (down from Rs 2,658.96 lakhs). Consolidated net profit from continuing operations was Rs 2,249.61 lakhs. The Board recommended a final dividend of Rs 1.25 per share (125% on paid-up capital), subject to shareholder approval at AGM. Key management changes include reappointment of Mr. Ambarish Daga and Mrs. Shruti Jatia as Executive Directors for 3 years, appointment of Ms. Darshana Sawant as Company Secretary, and appointment of new Cost and Internal Auditors for FY2027. The subsidiary B.R. Chemicals Co. Ltd has been classified as discontinued operations. Statutory auditors M M Nissim & Co LLP issued an unmodified (clean) audit opinion.
Revenue declined ~4% YoY due to lower trading volumes, and net profit fell ~15% YoY. The dividend declaration signals confidence in financial stability. The clean audit opinion and subsidiary wind-down are positive governance signals. EPS declined from Rs 5.21 to Rs 4.41, which may pressure near-term stock sentiment.