Please find the attached result for the year and quarter ended on 31st March,2026
FILATFASH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Filatex Fashions Ltd reported a steep decline in revenue for FY26. Standalone revenue fell to Rs 11,219 Lakhs from Rs 17,848 Lakhs in FY25 (down ~37%), while consolidated revenue declined to Rs 11,544 Lakhs from Rs 18,581 Lakhs. Profit after tax dropped to Rs 280 Lakhs (standalone) and Rs 283 Lakhs (consolidated) from Rs 937 Lakhs and Rs 942 Lakhs respectively in the prior year. The auditors issued an unmodified (clean) opinion, but highlighted several concerns including long outstanding trade receivables of Rs 24,219 Lakhs with no provisions for doubtful debts, non-compliance with Ind AS 19 for gratuity/leave encashment provisioning, and accounting software lacking audit trail features. The company also faced regulatory fines from BSE and NSE for non-compliance issues and reconstituted several board committees after a director's resignation. Operating cash flow turned negative at Rs 144 Lakhs after taxes.
The company is facing significant financial stress with revenue and profits both declining sharply. High trade receivables and negative operating cash flow despite declining profits raise concerns about the quality of earnings and potential working capital issues. Shareholders should monitor the resolution of regulatory compliance issues and the board's corrective measures.