Financial Result for March 31, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Darshan Orna Limited reported audited financial results for FY 2025-26 ended March 31, 2026. Net Profit Before Tax increased significantly to Rs 86.16 lakhs from Rs 6.61 lakhs in the prior year. Total assets grew to Rs 4,062.41 lakhs from Rs 2,711.66 lakhs, and equity increased to Rs 2,001.17 lakhs from Rs 1,527.05 lakhs. However, the company faced severe working capital challenges with net cash used in operating activities of negative Rs 1,433.68 lakhs compared to negative Rs 154.32 lakhs in the previous year. Trade receivables nearly quintupled from Rs 257.30 lakhs to Rs 1,396.89 lakhs, indicating collection issues. The statutory auditors issued an unmodified (clean) opinion, confirming the financial statements present a true and fair view. The company also raised equity capital of Rs 1,000 lakhs during the year.
While profit surged dramatically, the massive negative operating cash flow and deteriorating receivables signal significant working capital stress despite equity fund infusion. The clean audit provides some comfort, but shareholders should monitor liquidity carefully.