AUDITED FINANCIAL RESULTS FOR YEAR ENDING 31.03.2026
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KMG Milk Food Limited reported annual revenue of ₹469.03 lakhs for FY2025-26, down from ₹677.34 lakhs in the previous year—a decline of about 31%. The company turned profitable with a net profit of ₹3.29 lakhs versus a loss of ₹45.68 lakhs in FY2024-25. However, the balance sheet reveals severe distress: net worth is deeply negative at -₹105.01 lakhs, and reserves stand at -₹635.47 lakhs. Total debt including long-term borrowings (₹560.33 lakhs) and other financial liabilities (₹388 lakhs) significantly exceeds total assets of ₹895.94 lakhs. The statutory auditor issued an Unmodified Opinion but included an Emphasis of Matter noting the company has not appointed an internal auditor during the year. The company qualifies for exemptions under SEBI LODR Regulation 15(2) due to paid-up capital and net worth being below thresholds.
The company returned to profit but remains financially fragile with negative net worth and high debt. Shareholders face significant risk as the company may struggle to meet obligations. The clean audit opinion provides some comfort, but the negative equity position warrants caution.