MIRZAINTNSEMirza International Limited· Leather And Leather ProductsHighNeutral
Announced Fri, 29 May · 18:57 IST

Mirza International Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue DeclinePat Growth 25pctExceptional ItemEmphasis Of MatterResults View source PDF

MIRZAINT · price

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Price reaction · full curve 14 horizons · vs prior close
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₹31.74
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₹31.98
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AI summary

Mirza International Limited reported audited standalone results for FY2025-26 with revenue from operations declining 9.4% to Rs 51,623 lakh from Rs 56,958 lakh in the prior year. The company posted a standalone profit after tax of Rs 213 lakh compared to a loss of Rs 399 lakh in FY2024-25, partly helped by an exceptional gain of Rs 1,862 lakh. On a consolidated basis, revenue fell 9.3% to Rs 52,723 lakh and the company still reported a consolidated loss of Rs 57 lakh though improved from Rs 354 lakh loss previously. Both standalone and consolidated auditor reports carried unmodified (clean) opinions. The Income Tax Department conducted a search operation under Section 132 in September 2025 at company premises, with the outcome and financial impact still not ascertainable.

Likely market impact

While the company returned to standalone profitability, the revenue decline and continued consolidated loss indicate underlying operational stress. The Income Tax search proceedings remain an open risk. The exceptional gain from RTS Fashion amalgamation flatters headline profits but masks operational weakness in both the Footwear and Tannery segments.