Financial Result For 31.03.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Octavius Plantations reported revenue of Rs 6,417.50 lakhs for FY26, more than doubling from Rs 2,926.93 lakhs in the previous year. Net profit grew to Rs 101.20 lakhs from Rs 95.26 lakhs, a modest 6.2% increase. Total assets rose to Rs 4,471.19 lakhs from Rs 2,996.40 lakhs. However, the auditor issued a qualified conclusion due to non-compliance with Ind AS 19 (employee benefits) and Ind AS 16/41 (bearer plants and biological assets). The company made only Rs 0.14 lakhs provision for gratuity on an estimated basis without proper actuarial valuation. Borrowings nearly tripled to Rs 2,075.10 lakhs, and trade receivables more than doubled to Rs 434.14 lakhs. Cash flow from operations turned negative at Rs 18.66 lakhs.
The qualified auditor opinion raises red flags about accounting integrity, and the significant jump in borrowings and negative operating cash flow suggest financial strain despite revenue growth. Shareholders should be cautious as compliance gaps may lead to regulatory scrutiny.