Outcome of the Board Meeting held on Tuesday, 12th May, 2026
ELANTAS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Elantas Beck India reported Q4 FY26 revenue of ₹22,217 lakhs, up 7.8% year-over-year from ₹20,613 lakhs. However, net profit declined 5.4% to ₹3,108 lakhs from ₹3,287 lakhs, with EPS at ₹39.21 versus ₹41.46 in Q4 FY25. The quarter showed sequential weakness with net profit falling 21% from Q3 FY26's ₹3,937 lakhs. Full year FY26 revenue stood at ₹84,781 lakhs with net profit of ₹14,778 lakhs. The company noted environmental compliance at Ankleshwar (temporary closure order revocation until October 2026) and impact of new labour codes requiring ₹140.60 lakhs in past service costs for gratuity and compensated absences. Statutory auditors conducted limited review with no qualifications.
Profit decline despite revenue growth indicates margin compression, likely due to labour code changes and higher input costs. The environmental closure risk at Ankleshwar remains a contingent liability. Positive full-year performance may support the stock, but Q4 sequential weakness could concern near-term investors.