Audited Financial Results of the Company for the quarter & year ended 31st March, 2026, together with Auditors' Reports of the Statutory Auditors
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Flex Foods Ltd reported annual revenue of Rs 19,005 lakhs for FY2026, up 27.9% from Rs 14,860 lakhs in FY2025, driven by higher sales. However, the company recorded a net loss of Rs 3,179 lakhs compared to a loss of Rs 3,250 lakhs in the prior year. The loss from operations before tax stood at Rs 4,212 lakhs. Finance costs increased significantly to Rs 2,543 lakhs from Rs 2,280 lakhs. Other equity deteriorated sharply to negative Rs 323 lakhs from positive Rs 2,935 lakhs. Total borrowings rose to Rs 30,665 lakhs from Rs 28,079 lakhs. The statutory auditors issued an unmodified opinion on the audited results.
Despite revenue growth of nearly 28%, the company remains deeply loss-making with negative equity and increasing debt levels, indicating significant financial stress. Shareholders should be concerned about the deteriorating balance sheet and high leverage despite the revenue uptick.