1. The Audited Standalone Financial Results set out in compliance with Accounting Standards for the Half year and year ended March 31, 2026 together with Statement of Assets & Liabilities ....
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Fabino Enterprises Ltd reported audited financial results for FY 2025-26 ending March 31, 2026. Standalone revenue declined significantly to Rs 1,142.79 lakhs from Rs 1,803.60 lakhs in the previous year, a drop of about 37%. The company posted a standalone net loss of Rs 35.97 lakhs compared to a net profit of Rs 13.19 lakhs in FY 2024-25. On a consolidated basis, revenue grew to Rs 2,084.06 lakhs from Rs 1,803.60 lakhs, but the company still recorded a consolidated net loss of Rs 55.87 lakhs versus a profit of Rs 6.11 lakhs previously. Key audit matters included write-offs of trade receivables and loans aggregating Rs 71.55 lakhs due to non-recoverability and legal proceedings, and write-off of expired inventory worth Rs 57.73 lakhs. The subsidiary Upender Metaplast Private Limited has a GST tax demand of Rs 42.38 lakhs with equal penalty, which is under appeal. Auditors issued an unmodified opinion confirming true and fair view of the financial statements.
The company experienced a sharp standalone revenue decline and moved into loss territory in both standalone and consolidated results. The significant write-offs of receivables and expired inventory indicate operational challenges. However, the clean audit opinion with unmodified report provides some comfort to shareholders.