Outcome of Board Meeting held on May 29, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Choksi Asia Limited reported strong full-year results for FY2026 ending March 31. Revenue from operations grew 33% to ₹4,931 Lakhs from ₹3,698 Lakhs in the prior year. Net Profit After Tax surged 72% to ₹533.40 Lakhs from ₹309.90 Lakhs, driven by improved operational efficiency. The company generated positive operating cash flow of ₹74.06 Lakhs compared to a negative ₹286.91 Lakhs in FY2025. Borrowings reduced significantly from ₹477.19 Lakhs to ₹192.06 Lakhs. The statutory auditor issued an unmodified (clean) opinion, though an Emphasis of Matter was raised regarding a customs dispute with contingent liability of ₹15.74 crore plus ₹75 lakh penalty on executives, which the company is appealing.
Strong financial performance with robust revenue and profit growth, improved cash generation, and reduced debt are positive signals for shareholders. The unresolved customs liability is a monitoring item but does not change the overall positive earnings picture.