Disclosure attached for appointment of Internal Auditors and Cost Auditors (Refer para 3 and 4 of the outcome of Board Meeting attached herewith)
MARALOVER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 19.8 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Maral Overseas reported FY2026 results with revenue of Rs 98,087 lakh, down 6.3% from Rs 1,04,703 lakh in FY2025. The company returned to profitability with net profit of Rs 326 lakh compared to a net loss of Rs 2,420 lakh in the previous year. EPS stood at Rs 0.79 per share versus negative Rs 5.83 in FY2025. Segment-wise, Yarn and Fabric divisions remained profitable, while the Garment division reported a loss of Rs 1,016 lakh. The Board approved acquisition of 26% stake in Asawata Energy Private Limited for Rs 2.6 lakh to set up a 15 MW solar power plant under captive model. New internal auditors (BGJC & Associates and Agarwal & Saxena) and cost auditor (K.G. Goyal & Co) were appointed for FY2026-27. Statutory auditors issued an unqualified opinion.
The company has staged a strong recovery from losses to profitability, though revenue decline persists. The solar investment signals cost optimization focus, while auditor changes and fresh audit appointments indicate governance updates.