Outcome of Board Meeting held on February 14, 2026
Price
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Awaiting price reaction for this filing.
The board of Elegant Floriculture & Agrotech approved the unaudited standalone financial results for the quarter and nine months ended December 31, 2025, along with the limited review report from statutory auditor Sarang Chavan & Associates. For Q3 FY26, the company reported total revenue of around ₹27.21 lakhs (₹8.89 lakhs from operations plus ₹18.32 lakhs other income), while 9M FY26 revenue from operations stood at roughly ₹956.70 lakhs. Profit after tax for 9M FY26 was just ₹7.30 lakhs versus ₹221.19 lakhs in the same period last year, a sharp drop of over 95%. Basic EPS for 9M FY26 came in at ₹0.04 versus ₹1.11 in 9M FY25. The auditor's review report is unqualified with no emphasis-of-matter or going-concern flag. The company is a micro-cap floriculture and agrotech business with a paid-up equity capital of about ₹199.72 lakhs, making it highly susceptible to quarter-on-quarter swings.
Despite the topline looking broadly stable versus last year's nine-month base, the steep PAT compression signals a significant erosion in profitability that shareholders should monitor closely — this is a small, thinly traded stock where such swings can meaningfully move the share price.