BSEMRC Agrotech LtdMediumNeutral
Announced Wed, 3 Jun · 10:36 IST

Dear Sir, Please find the attachment. Regards, For MRC Agrotech Limited Compliance Officer/ Authorised Signatory

Emphasis Of MatterRevenue Growth 20pctPat Growth 25pctEbitda Margin CompressionResults View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹36.94
prior close
₹37.33
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-0.3-1.2-2.8-3.4-4.2-5.3-9.9-7.1+3.1+2.8
Up moveDown movePending
AI summary

MRC Agrotech Ltd has filed its audited standalone and consolidated financial results for Q4 and FY ending March 31, 2026 with BSE, with formal board approval scheduled for June 6, 2026. For the full year, revenue from operations surged to Rs 85.46 crore from Rs 32.45 crore a year ago (up roughly 163%), while profit after tax rose to Rs 1.17 crore from Rs 0.88 crore (up about 33%); Q4 revenue jumped to Rs 65.81 crore from Rs 21.05 crore. The auditor (Choudhary Choudhary & Co) issued an unmodified/unqualified opinion but flagged two emphasis-of-matter items: a Rs 16.85 crore share-swap acquisition making Marsapi Lifesciences a 100% subsidiary, and a Rs 7.30 crore loan assignment to Cicago Commodities. Key audit matters highlight heavy year-end revenue concentration (44.62% of taxable sales booked in March 2026), large trading volumes with two related counterparties (53% of purchases, 23% of sales), and GST classification gaps in GSTR-3B filings. Operating cash flow fell sharply to Rs 31.18 lakh from Rs 1.96 crore in FY25, pointing to working capital strain despite higher reported profits.

Likely market impact

Strong revenue growth and a clean audit opinion are positives for shareholders, but sharply compressed margins, weak operating cash generation, and auditor red flags around transaction concentration and year-end sales may weigh on near-term sentiment.