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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Flomic Global Logistics reported a clean audit with unmodified opinion for FY26. The company saw significant revenue decline of 13.7% to Rs 43,173 lakhs from Rs 50,015 lakhs in FY25. More critically, Profit After Tax collapsed by 91.6% to just Rs 31 lakhs from Rs 370 lakhs in the previous year. EPS dropped sharply from Rs 2.03 to Rs 0.17. However, Q4 showed a recovery with PAT of Rs 353 lakhs compared to Rs 193 lakhs in Q4 FY25. Cash flow from operations improved dramatically to Rs 5,591 lakhs from Rs 1,666 lakhs, while total debt reduced from Rs 4,052 lakhs to Rs 2,383 lakhs. Trade receivables also decreased by Rs 1,761 lakhs indicating better collection efficiency.
Despite a clean audit, the dramatic PAT decline of over 90% is deeply concerning for shareholders. The stock may face pressure due to weak profitability, though improved operating cash flow and debt reduction provide some comfort. Q4 recovery is a positive sign for recovery hopes.