Lagnam Spintex Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
LAGNAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lagnam Spintex reported FY26 revenue of Rs 604.98 crore, essentially flat compared to Rs 605.56 crore in FY25. Profit after tax grew 11.9% to Rs 14.39 crore from Rs 12.85 crore, driven by lower raw material costs. EPS improved to Rs 8.14 from Rs 7.28. The auditor issued an unmodified opinion with no qualifications. The company appointed new internal auditors (SSMS & Associates) and reappointed cost auditors (N.D. Birla & Co.) for FY27. Government labour code changes resulted in a one-time past service cost of Rs 14.99 lakhs. Total borrowings decreased from Rs 38.85 crore to Rs 35.79 crore, showing some deleveraging.
Stable to mildly positive for shareholders as PAT grew ~12% on flat revenue, indicating better cost control. Clean audit with unmodified opinion removes key risk concerns. However, investors should monitor the negative operating cash flow of Rs 11.88 crore.