Announced Thu, 21 May · 20:15 IST

Board Approved Audited Financial Results for quarter and Financial year ended March 31, 2026

Revenue DeclinePat NegativeEbitda Margin CompressionExceptional ItemNegative Operating CashflowResults View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-10.2%1-day move
₹205.90
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AI summary

Elegant Marbles & Grani Industries reported audited FY2026 results with total income of ₹3,596.37 lakhs, up 15.74% from ₹3,107.11 lakhs in FY2025. Revenue from operations grew to ₹3,434.05 lakhs from ₹2,853.48 lakhs. However, net profit after tax declined significantly to ₹335.14 lakhs from ₹470.35 lakhs in the prior year, a drop of ~28.7%. The company reported a net exceptional loss of ₹25.68 lakhs due to a debenture impairment reversal of ₹9.50 lakhs against a prior provision of ₹35.18 lakhs. Total comprehensive income turned negative at ₹(2,061.10) lakhs versus ₹1,661.97 lakhs previously, largely due to negative other comprehensive income of ₹(2,341.53) lakhs (actuarial remeasurement losses). The auditors issued an unmodified opinion. The company has no borrowings and total equity stands at ₹12,433.14 lakhs. The board also reappointed key managerial personnel including Chairman & Managing Director and Managing Director.

Likely market impact

Despite revenue growth, the sharp decline in net profit and negative comprehensive income signal cost pressures or operational challenges. The absence of debt and clean audit opinion are positives, but shareholders should note the profit decline and large OCI hit when evaluating the stock.