Attached is the outcome of Board Meeting, including FS for 31 March 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ovobel Foods Ltd reported strong full-year results with net sales rising 36% to Rs 256.75 crore from Rs 188.59 crore in the prior year. Net profit more than doubled, growing 169% to Rs 243.53 lakh (EPS Rs 25.63 vs Rs 9.53). Operating cash flow was healthy at Rs 301.79 lakh, up sharply from Rs 37.05 lakh previously. EBITDA margin expanded significantly year-on-year. The balance sheet shows total assets of Rs 168.99 crore with equity of Rs 110.09 crore. Borrowings stand at Rs 28.20 crore, with debt-to-equity ratio at comfortable 0.26x. Statutory auditors ASA & Associates LLP issued an unmodified opinion with no qualifications. The board also approved re-appointment of the same auditors for another 5-year term.
The company delivered robust double-digit growth in both revenue and profitability with healthy cash generation. Unmodified auditor opinion and manageable leverage are positive signals for investors. The stock is likely to see a bullish reaction given the strong beat on bottom-line metrics.