The Board of Directors of the Company in their meeting held today i.e. Wednesday, 06th May, 2026 have considered and approved inter-alia, the Audited Standalone and Consolidated Financial ....
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Game Changers Texfab Ltd reported strong annual results for FY2026 ending March 31. Revenue from operations grew 20% to ₹13,874.65 lakhs from ₹11,556.31 lakhs in the previous year. Profit after tax surged 51% to ₹1,823.58 lakhs from ₹1,206.51 lakhs. EPS improved to ₹12.42 from ₹9.64. The company completed its IPO in November 2025, raising ₹5,483.52 lakhs. Notably, trade receivables nearly doubled to ₹4,896.05 lakhs and the company reported a negative operating cash outflow of ₹3,984.98 lakhs for the year. The auditor issued an unmodified (clean) opinion with no emphasis of matter paragraph.
Strong profitability growth with 51% PAT increase and 20% revenue growth is positive for shareholders. However, the sharp rise in receivables and significant negative operating cash flow raise concerns about working capital management and warrant monitoring.