BSEHaria Exports Ltd-$HighNeutral
Announced Sat, 30 May · 18:46 IST

Please find enclosed herewith approved Audited Financial Results for the quarter and year ended March 2026

Revenue DeclinePat NegativeEbitda Margin CompressionNegative Operating CashflowResults View source PDF

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AI summary

Haria Exports reported total income of Rs 38.80 lakh for FY26, up 15% from Rs 33.70 lakh in FY25. However, the company recorded zero revenue from operations — its entire income came from other income (primarily finance income of Rs 38.80 lakh). Profits before and after tax fell to Rs 9.50 lakh from Rs 11.42 lakh — a 17% decline — as employee costs jumped 42% to Rs 13.48 lakh and other expenses rose 23% to Rs 15.82 lakh. Operating cash flow remained deeply negative at Rs -29.84 lakh, deteriorating from Rs -23.88 lakh in the prior year. EPS came in at Rs 0.08 versus Rs 0.10 in FY25. The auditor issued an unmodified opinion with no qualifications. The balance sheet shows total assets of Rs 1,425.36 lakh primarily comprising non-financial assets of Rs 1,004.76 lakh and loans of Rs 403 lakh.

Likely market impact

The company is essentially a non-operating entity relying on finance income, with declining profitability and persistent negative operating cash flow — a concern despite the clean audit opinion. The stock is unlikely to see positive re-rating given shrinking bottom line and cash burn.