Deepak Spinners FY26 Annual Report: Turnaround, No Dividend
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Deepak Spinners posted a strong FY26 turnaround. Profit before depreciation and tax surged to Rs 2181.44 lakhs from Rs 358.14 lakhs. Total comprehensive income swung to Rs 427.31 lakhs from a loss of Rs 996.64 lakhs. Operating profit margin improved from minus 1.95 percent to 1.42 percent. Net profit margin turned positive at 0.68 percent. No dividend declared. ICRA rating stands at A minus with Negative outlook. Founder and Chairman Emeritus Pradip Kumar Daga passed away in November 2025. Statutory and secretarial audit reports are clean with no qualifications.
Sharp profit recovery is positive but no dividend and Negative credit outlook may weigh on near-term sentiment. Founder loss is a key leadership event.