Result for Quarter and Financial Year ended 31.03.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Eureka Industries reported FY26 revenue of Rs 12,514.42 Lakhs, up 46.7% from Rs 8,532.32 Lakhs in FY25. However, profit after tax declined sharply to Rs 19.53 Lakhs from Rs 214.27 Lakhs in FY25, a drop of about 91%. The company has negative total equity of Rs 127.30 Lakhs due to accumulated losses. Key write-offs were made during the year: inventory worth Rs 189.48 Lakhs was written off due to expiry and obsolescence, and long-standing liability balances of Rs 287.74 Lakhs were written off. The company is now pursuing a Pre-Packaged Insolvency Resolution Process (PPIRP) under the IBC, 2016, and has proposed a merger with Onix Renewable Limited. The statutory auditor issued an unmodified opinion.
The stock may face significant pressure as the company has negative net worth and is entering insolvency resolution, indicating serious financial distress despite some revenue growth. Shareholders should be cautious given the weak profitability and pending restructuring.